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Implementation Plans are to be made available to the public on the City's website <br />(http://www.santa-ana.or.q/cda/oversight.asi).) <br />AMOUNT DEPOSITED INTO LMIHAF <br />A total of $312,836 was deposited into the LMIHAF during the Fiscal Year. Of the total funds <br />deposited into the LMIHAF, a total of $0 was held for items listed on the ROPS. <br />II. ENDING BALANCE OF LMIHAF <br />At the close of the Fiscal Year, the ending balance in the LMIHAF was $10,193,271 of which <br />$291,230 is held for items listed on the BOPS. <br />III. DESCRIPTION OF EXPENDITURES FROM LMIHAF <br />The following is a description of expenditures from the LMIHAF by category: <br />The independent financial audit of the Low and Moderate Income Housing Asset Fund includes an <br />additional $123,701 for bad debt expenses for loans receivable, for a total expenditure of $374,401. <br />The independent financial audit of the Low and Moderate Income Housing Asset Fund includes an <br />additional $1,267,028 for the loss on sale of land for properties transferred to the developer as required <br />by the disposition and development agreement, for a total expenditure of $2,012,436. <br />Including the additional items from footnotes 1 and 2 above, the total LMIHAF per the audit is <br />$25386,837. <br />HOUSING AUTHORITY OF THE CITY OF SANTAIB;KY75/16 Page 3 <br />