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Amendment to Loan Agreement - Guest House LP <br />December 20, 2016 <br />Page 3 <br />outdoor courtyard and laundry facilities. Interior units will be improved with Energy Star <br />appliances, new cabinets, countertops and vinyl flooring. The project currently consists of 77 <br />units, however, five units will be removed to accommodate the commercial kitchen, new <br />management area, and to create the required larger Americans with Disabilities Act (ADA) units, <br />bringing the new total to 72 units, including one on-site manager unit. Resident services offices <br />will also be incorporated for delivery of supportive services on-site. <br />Mercy House will be the lead service provider for the project offering a variety of on-site resident <br />services programs tailored to the needs of the residents. The supportive services program will be <br />based on the Housing First principles coupled with on-going education and supportive services <br />that focus on chronically homeless individuals. <br />The project will promote the City's goal of providing long-term affordable housing and meeting the <br />affordable housing goals as identified in the City's Strategic Plan, Housing Element and <br />Consolidated Five -Year Plan. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #5 - Community Health, Livability, <br />Engagement & Sustainability, Objective #3 (Facilitate diverse housing opportunities and support <br />efforts to preserve and improve the livability of Santa Ana neighborhoods), Strategy A (Continue <br />to explore options Citywide regarding the re -use of commercial or industrial buildings that are <br />currently underutilized or vacant for mixed-use residential projects), and Strategy C (Provide that <br />Santa Ana residents, employees, artists and veterans receive priority for affordable housing <br />created under the City's Housing Opportunity Ordinance or with City funding to the extent allowed <br />understate law). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />4P <br />Robert C. Corte -- <br />Deputy City Manager <br />City Manager's Office <br />Exhibits: 1. Location Map <br />2. Amendment to Loan Agreement <br />3. Amended Promisroy Note <br />25B-3 <br />