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Exhibit 1 <br />Available Funds for Affordable Housing Development Projects <br />As of September 30, 2017 <br />Housing Successor Agency (Housing Authority) <br />$13,920,230 Cash on Hand <br />($8,522,740) First Street Apartments Pre -Commitment Loan ' <br />($4,700,000) Tiny Tim Plaza Conditional Pre -Commitment Loan ' <br />($278,725) Habitat for Humanity Disposition and Development Agreement <br />($250,000) Administrative Costs Allowance ` <br />$168,765 Available Funds <br />Inclusionary Housing Funds <br />$2,975,863 Cash on Hand <br />($472,651) Santa Ana Arts Collective Project Costs a <br />($1,300,000) Tiny Tim Plaza Conditional Pre -Commitment Loan <br />($134,713) Administrative Costs Allowance (CDA/PBA) <br />$1,068,499 Available Funds <br />HOME Program <br />$1,648,273 Funds to Drawdown <br />($353,963) Santa Ana Veterans Village Pre -Commitment Loan <br />$1,294,310 Available Funds to Drawdown <br />CDBG Program (Acquisition/Rehabilitation Projects Only) <br />$1,474,191 Funds to Drawdown <br />($500,000) Santa Ana Arts Collective Pre -Commitment Loan <br />$974,191 Available Funds to Drawdown <br />$3,505,765 Total Available Funds <br />1 Approved by City Councll/Housing Authority on June 20, 2017. <br />2 The Housing Successor Agency relies an available cash to fund the monitoring and compliance functions related to the former Redevelopment <br />Agenuys housing loans. <br />a Only includes the project costs; $4.810 in loans approved by City Council paid on July 26, 2017. <br />< Approved by City Council on February 7. 2017. <br />1901-7 <br />