19F - QRTLY RPT HOUSING - Laserfiche WebLink

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Quarterly Report Housing Division Projects and Activities April — June 2016 August 16, 2016 Page 4 Development Projects NSP 1, 2 and 3 Programs The City's intermediaries, ANR Industries, Orange Housing Development Corporation, and C &C Development, continue to look for eligible properties. Multi - Family Acquisition / Rehabilitation Projects The rehabilitation of 940 S. Minnie Street was completed during this fiscal year and is fully occupied. Habitat for Humanity of Orange County Habitat for Humanity of Orange County completed the construction of two new single - family homes at 4106 and 4110 W. McFadden and both of the homes were sold to qualified buyers. The remaining properties in the Development Agreement with Habitat for Humanity was transferred to the Developer and construction began on five homes located at 4010 - 4026 E. McFadden Street. Once completed, the homes will be sold to qualified low- and moderate - income homebuyers. Depot at Santiago (New 70 -Unit Affordable Rental Housing Development) Construction commenced in April 2016 and excavation for the sub - teranean parking is complete. The entire project is expected to be completed in July 2017. In May 2016, the project was awarded a Southern California Association of Governments (SCAG) Sustainability Award for Achievement in Integrated Land Use and Transportation Planning. Andalucia Apartments (New 70 -Unit Affordable Rental Housing Development) Rough framing is 95% complete and mechanical, electrical and plumbing systems are about 80% complete. Construction is progressing as planned and is on target for completion in December 2016. Santa Ana Arts Collective (Adaptive Reuse of 64 Affordable Rental Housing) The Developer, Meta Housing Corporation, was awarded funds through a Request for Proposal (RFP) process to acquire and develop 57 affordable rental housing units with with a preference for applicants who are artists and working artist families within Santa Ana. The Developer has completed the entitlement process and submitted an application for 9% Low - Income Housing Tax Credits. The Developer was invited to submit a full proposal application for Affordable Housing and Sustainable Communities Program grant funds (Cap & Trade), which was submitted in June 2016. The Cap & Trade award announcement is anticipated to occur in September 2016. Guest House The Developer, Community Development Partners and Mercy House, was awarded HOME funds through a Request for Proposal (RFP) process to acquire and rehabilitate a former motel on First Street into 71 units of permanent supportive housing for homeless individuals. The project was awarded in time for the City to meet the July 2016 HOME commitment deadline. The Developer is currently in the process of obtaining tax credits and affordable housing bonds, which will be finalized in July 2016. 19F -4