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CORRESPONDENCE - Workstudy
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A' <br />r ArFO3DRal E 14OLISING <br />clearinghouse <br />rlif r <br />A network of lenders, community groups, and public agencies dedicated to the creation of quality affordable housing <br />?tj& DFC -6 PM 4: 2S <br />David Levy, President <br />Fair Housing Council <br />December 5, 2016 CITY OF SANTA, ANA <br />Gary Dunn, Vice President <br />Santa Ana City Council and Mayor CLERK OF COUNCIL <br />Banc of Callfornla <br />City of Santa Ana <br />20 Civic Center Plaza <br />Elsa Monte, Secretary <br />Pacific Western Bank <br />Santa Ana, CA 92701 <br />Kandy Hung,Treasurer <br />December 5, 2016 <br />East West Bank <br />Esteemed Mayor and Councilmembers of the City of Santa Ana: <br />Douglas 8ystry <br />Clearinghouse CDFI <br />Affordable Housing Clearinghouse submits this letter in support of Santa Ana Building Healthy <br />Matthew Gediman <br />Communities (SABHC), in their effort to establish a community land trust (CLT) in Santa Ana, fostering <br />US Bank <br />neighborhoods that are healthy, vibrant, and diverse. Further, we invite our community stake holders <br />Larry Christian <br />(colleagues, developers, funders, other agencies, and the City of Santa Ana) to provide what resources <br />Old RemNic Tits <br />are available for this endeavor. As a community stakeholder, we pledge the support of our own <br />nonprofit organization for future development efforts on land secured by this CLT. Together, we can <br />Ray Nayar <br />create sustainable development that benefits Santa Ana residents and inspires other local communities <br />AOF Pacific Affordable Housing <br />to follow this initiative. <br />Alan Woo <br />Member at Large <br />Not only do we believe in the principals embodied in the Community Reinvestment Act, designed to <br />encourage commercial, financial, and institutions of all kinds to help meet the needs of borrowers in all <br />Sandra M. speed <br />Wells Fargo Bank <br />segments of their communities, including low-and-moderate income neighborhoods but we already <br />have a 20 year history of established partnerships. Congress passed this Act in 1977 to reduce <br />discriminatory credit practices against low-income neighborhoods and encourage sustainability and <br />self-reliance in low-income communities. <br />Brenda J. Rodriguez <br />Efe bwDirector <br />It is our understanding that the City of Santa Ana has at least 90 land parcels, as well as other <br />underutilized properties, some of which may be considered for donation to the CLT. With this letter of <br />support we encourage the City of Santa Ana, and all agencies with such ability, to consider and facilitate <br />the transfer of these parcels to the CLT, in order to spearhead development that will be affordable, <br />inclusive, and meet such urgent local needs as housing, open space, and economic opportunities. <br />Affordable Housing Clearinghouse stands ready to assist in such efforts to reduce income inequality, <br />expanding economic opportunities for low-income residents of Santa Ana and all of Orange County. We <br />look forward to assisting SABHC in fulfilling this mission. <br />Sincerely, <br />2M. Rodriguez (J A <br />Executive Director L.f <br />2386121 Toro Road, Suite 401 <br />Lake Forest, CA 92630 <br />(949)859.9255 1 <br />FAX (949) 859-8534 <br />Established 1991 <br />www.affmclable-housing.Drg <br />I Celebrating over 25 Years of Community Investment <br />
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