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EXHIBIT 1 <br />March 12, 2018 <br /><Jamboree <br />Judson Brown <br />Housing Division Manager <br />City of Santa Ana <br />Community Development Agency — Housing and Neighborhood Development Division <br />20 Civic Center Plaza (M-26) <br />Santa Ana, CA 92701 <br />RE: Acquisition of LP interest from tax credit investor <br />Dear Judson: <br />Per the definition of "Sale" in the capitalized terms for the Loan Agreement for 805 S. <br />Minnie Street (with various others in substantially similar form), please accept this <br />notification and request for approval for our acquisition of the limited partner interest in <br />connection with the subsequent resyndication of the Cornerstone Apartments. <br />If you should have any further questions, please do not hesitate to contact John Okura at <br />949-813-6923 or via email at iokura(a)iamboreehousing.com. <br />Sincerely, <br />Marcy Finamore <br />CFO / Executive Vice President <br />Jamboree Housing Corporation <br />...a nonprofit corporation dedicated to providing affordable housing <br />17701 Cowan Ave, Suite 200 • Irvine, CA 92614 • 949.263.8676 FAX 949.263.0647 <br />RPM <br />