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FULL PACKET_2017-11-7
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FULL PACKET_2017-11-7
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11/7/2017 4:12:45 PM
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11/6/2017 8:36:29 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
11/7/2017
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Quarterly Report for Housing Division <br />November 7, 2017 <br />Page 6 <br />• Update: Developer is currently pursuing other sources of financing to fill an estimated <br />financial gap of approximately $11.7 million; staff is working with the developer to <br />secure other sources of financing. <br />STRATEGIC PLAN ALIGNMENT <br />The activities covered by this report allow the City to meet Goal # 5 - Community Health, <br />Livability, Engagement & Sustainability, Objective # 3 (Facilitate diverse housing opportunities <br />and support efforts to preserve and improve the livability of Santa Ana neighborhoods). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />a✓vD �` , ' i <br />Robert M. Zur Sch i de <br />Interim Executive Di ctor <br />Community Development Agency <br />Exhibit: 1. Available Funds for Affordable Housing Development Projects <br />19D-6 <br />
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