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HomeMy WebLinkAboutItem 09 - Housing Division Quarterly Report Community Development Agency santa-ana.org/cd Item # 9 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report November 7, 2023 TOPIC: Housing Division Quarterly Report AGENDA TITLE Quarterly Report for Housing Division Projects and Activities for the period of July 1, 2023 to September 30, 2023 RECOMMENDED ACTION Receive and file the Quarterly Report for Housing Division projects and activities for the period of July 1, 2023 to September 30, 2023. GOVERNMENT CODE §84308 APPLIES: No DISCUSSION This report for the quarter ending on September 30, 2023 provides information for all of the affordable housing projects and activities for the City’s Housing Division. The report is divided into seven sections: Loan Activity, Loan Portfolio Management & Monitoring, Density Bonus Housing Agreements, Development Impact Fee Deferral Agreements, Rent Stabilization Program, Affordable Housing Opportunity & Creation Ordinance, and Development Projects. Loan Activity Applications The Housing Division offers several different programs including down payment assistance for first-time homebuyers and rehabilitation grants for mobile homes and single-family homes. Inquiries are received from the public and applications are mailed out, received and approved for these programs on a continual basis. Table 1 shows the number of inquiries, applications sent out, received, and approved by type for the quarter and for the total fiscal year: Table 1: Applications Sent Out, Received & Approved Inquiries Applications Sent Out Applications Received Applications ApprovedProgram Q1 Total FY Q1 Total FY Q1 Total FY Q1 Total FY Residential Rehabilitation Grant Program 15 15 15 15 15 15 10 10 Housing Division Quarterly Report November 7, 2023 Page 2 3 8 3 6 Down Payment Assistance Program 73 73 61 61 4 4 3 3 Loan Subordinations 0 0 0 0 0 0 0 0 The number of applications received is typically lower than the number of applications sent out in any given period due to the stringent program guidelines for eligibility regulated by the federal government, which makes it difficult for most applicants to qualify. The City of Santa Ana’s Residential Rehabilitation Grant Program is designed to, improve and preserve affordable housing through the use of federal Community Development Block Grant (CDBG) funds. The Program is administered by Habitat for Humanity of Orange County on behalf of the City. The Program provides grants of up to $25,000 for eligible home repairs for low-income homeowners at or below 80% of the Area Median Income (AMI) as defined by the U.S. Department of Housing and Urban Development (HUD). Eligible activities include the repair, replacement, and/or installation of major systems including plumbing, heating, electrical, windows, roof, paint, and handicap accessibility. The Fiscal Year 2023-24 funding for this program was renewed by City Council on May 2, 2023 and applications are currently being accepted. As of September 30, 2023, the city has received 15 applications and 10 of those applications have been approved for a rehabilitation project. Emergency Solutions Grant Program The City of Santa Ana’s Emergency Solutions Grant program provides funding to engage homeless individuals and families living on the street, to improve the number and quality of emergency shelters for homeless individuals and families, provide essential services to shelter residents, rapidly rehouse homeless individuals and families, and prevent families/individuals from becoming homeless. As of July 1, 2023, the City has entered into agreements with the Santa Ana Police Department and four nonprofits to deliver the above mention services. During this first quarter, organizations have worked diligently to enroll and deliver services to our residents. Quantitative data will be submitted before October 31 and will be reported on the second quarterly report. Down Payment Assistance Loan Program Progress For the Down Payment Assistance Loan Program (DPAP), staff evaluates applicant eligibility and oversees underwriting to ensure compliance with program guidelines and requirements established by HUD. During this quarter, staff conducted the following outreach and education on the program: •Staff conducted two (2) virtual workshops via Zoom together with NeighborWorks of Orange County with a total of 12 attendees. These workshops are conducted every second Tuesday of the month. •On July 15 staff participated in the Vietnamese National Association of Real Estate Professional Southern California’s Homeownership OC event at the Salgado Community Center. Staff had the opportunity to be a panelist presenting information on the program and set up a resource table outside the Housing Division Quarterly Report November 7, 2023 Page 3 3 8 3 6 Community Center engaging, informing, and answering questions regarding the program. •On August 19, staff participated in the Housing Authority Forum that took place in the City of Garden Grove. Staff had the opportunity to provide information to a large audience on the Housing Choice Voucher Program (Section 8) and the City’s affordable housing resources. In addition, we had a resource table providing information on all of our programs, including our Down Payment Assistance Program. As a result of these efforts, three (3) down payment assistance loan applications were approved and three (3) closed escrow. Loan Portfolio Management & Monitoring The Housing Division is responsible for managing the residential loan portfolio, which includes all of the loans entered into by the City and Housing Authority acting as the Housing Successor Agency. As of the end of the first quarter, the principal balance was $150,443,210.58. This portfolio is comprised of 351 loans of which 329 are deferred or residual receipt payment loans. As shown in Table 2, the loan portfolio generated $458,929.23 in payments of principal and interest during the first quarter. The amount of residual receipts payments changes every quarter. Table 2: Portfolio Revenue HOME CDBG Redevelopment CalHome Loan Payoffs $141,520.14 $0 $0 $48,000.00 Residual Receipts Payments $122,443.00 $0 $122,443.00 0 Amortized Loan Payments $1,184.07 $2,852.13 $20,486.89 0 Total for Q1 $265,147.21 $2,852.13 $142,929.89 $48,000.00 Monitoring As part of the requirements for these loans, staff must monitor the owner-occupancy of single-family homes that have received loans, and the building code compliance of units in rental projects with long-term affordability covenants. During this quarter, 67 owner- occupancy recertification letters were mailed and 49 were returned and processed. This number includes letters sent from previous months. Staff also conducted a total of 105 inspections during this quarter. Density Bonus Agreements The California Density Bonus law allows developers proposing five or more residential units to seek increases in base density for providing on-site housing units in exchange for providing affordable units on site. To help make constructing on-site affordable units feasible, the law allows developers to seek up to three incentives/concessions and an unlimited number of waivers, which are variances from development standards that would help the project be built without significant burden and without detriment to public health. The first version of the Density Bonus Law was adopted in 1979 and has since been amended at various times. Recent revisions allow affordable housing developers Housing Division Quarterly Report November 7, 2023 Page 4 3 8 3 6 to request incentives/concessions and/or waivers for 100-percent affordable developments, even if they do not require a numerical density bonus. Moreover, in early 2017, the law was amended to restrict the ability of local jurisdictions to require studies to “justify” the density bonus and requested incentives/waivers and places the onus on local jurisdictions to prove that the incentives/concessions or waivers are not financially warranted. As of the date of this report, the City of Santa Ana has entered into the following Density Bonus Agreements: Date of Agreement Housing Development Address Affordable Units October 2018 Metro East Senior Park 2222 E. First St. 415 rental units restricted for very low income and low income or senior tenants August 2018 First Point I & II Apartments 2110, 2114 and 2020 E. First St. 547 rental units restricted for very low income and low income tenants February 2019 Legacy Square 609 North Spurgeon St. 92 rental units restricted for very low income and low income tenants November 2019 The Rafferty 114 & 117 E. Fifth St. 11 rental units restricted for very low income tenants December 2021 FX Residences 801, 807, 809 and 809 ½ East Santa Ana Blvd 16 permanent supportive housing units June 2022 WISEPlace 1411 N. Broadway 47 permanent supportive housing units August 2022 Brandywine Acquisition Group 1814 & 1818 E. First St. 4 townhomes restricted for sale to moderate-income buyers Development Impact Fee Deferral Agreements Development impact fees are a one-time charge to new developments imposed under the Mitigation Fee Act. These fees are charged to new developments to mitigate impacts resulting from the development activity and cannot be used to fund existing deficiencies. This means that for improvements that benefit existing as well as new development, impact fees can only pay for the portion of the improvement that benefits the new uses. Impact fees must be adopted based on findings of a reasonable relationship between the development paying the fee, the size of the fee, and the use of fee revenues. Development impact fees do not require voter approval and are commonly used by cities to address the impact of new development on schools, parks, transportation, etc. Prior to issuance of any building permits, the City currently requires the payment of various development impact fees. However, affordable housing developers may submit a request to defer specific development impact fees for their property pursuant to California Government Code section 66007. The City and owner then execute a Housing Division Quarterly Report November 7, 2023 Page 5 3 8 3 6 Development Impact Fee Deferral Agreement to defer certain development impact fees applicable to the property and place a lien on the property to secure payment of these fees, which are due before the issuance of the certificate of occupancy or the final building check. As of the date of this report, the City has entered into the following outstanding Development Impact Fee Deferral Agreements that are pending payment: Date of Agreement Developer Housing Development Address Estimated Total Fees Due December 2021 Shelter Providers of Orange County 802, 809, 809 ½ East Santa Ana Blvd.$510,000 July 2022 Washington Santa Ana Housing Partners 1126 &1146 E. Washington Ave.$652,717 Rent Stabilization Program Effective November 18, 2022, the City Council adopted an amended Rent Stabilization and Just Cause Eviction Ordinance (Ordinance) that included a number of changes. The amended Ordinance expands the administration and enforcement of renter protections for Santa Ana residents by establishing a rental housing board and a rental registry program. The amended Ordinance also includes additional petitions for tenants and landlords, voluntary mediation services, and other enhancements. The City has prepared user-friendly information on the Ordinance for both tenants and landlords on the City’s webpage, including the full Ordinance and answers to Frequently Asked Questions in English, Spanish and Vietnamese. Tenants and landlords are encouraged to sign up to receive the latest updates. Program Updates: The City of Santa Ana continues to work with RSG, Inc. on the long-term implementation of the Ordinance. This project has met many critical milestones over the course of Quarter 1 (Q1). Staff, in partnership with 3Di, Inc. worked to implement the City’s Rental Registry to support the Ordinance. In Q1, staff conducted an extensive user acceptance testing process of the Rental Registry in coordination with the City Attorney’s Office as well as a pilot test with seven (7) landlords. On August 15, 2023, the City of Santa Ana launched the Rental Registry portal where property owners are required to register rental units, update rental unit information, update tenancy information, submit notices, and pay the City’s rental registry fee if applicable. Staff also continued to work with the Finance and Management Services Agency to ensure the City will be able to collect, allocate, process and utilize rental registry fees for the administration of the Ordinance. Staff conducted a series of virtual workshops to assist landlords with completing the registration process in the Rental Registry. In Q1, staff conducted seven (7) informational workshops for property owners. Housing Division Quarterly Report November 7, 2023 Page 6 3 8 3 6 In addition to the progress made towards the long-term implementation of the Rent Stabilization Program, staff has continued to serve the community in the following ways throughout Q1: •Reviewed and made continuous improvements to the layout, content, and forms on the Renter Protections webpage for easier access and understanding. •Created a new webpage for the City’s Rental Registry, which includes helpful resources including a User Guide, FAQs, and video demonstrations. •Fielded calls and emails from the public and provided information, referrals and education to renters and property owners on the City’s Ordinance. •Provided walk-in assistance to answer questions from property owners and assist with the Rental Registry at the Santa Ana WORK Center at 801 W Civic Center Drive, Suite 200, Santa Ana, CA 92701. •Began accepting applications for appointment of the Rental Housing Board. Residents Served: During this quarter, staff and RSG fielded calls from the public and provided information and education to renters and property owners on the Ordinance. A breakdown of the number of inquiries is as follows: Staff also conducted seven (7) workshops for property owners to assist with navigating the Rental Registry: The City regularly distributes important updates and information to Santa Ana residents. During this quarter, staff informed the public of programmatic updates via social media, newsletters, and email distribution lists, reaching a total of 47,180 Santa Ana residents. In previous Quarterly Reports, staff shared a data point titled "Rent Increase and Eviction Notices Received from Landlords". Now that the City's Rental Registry was launched on August 15, 2023, landlords are required to upload their documents in the Month # of Inquiries July 2023 82 August2023 1,708 September 2023 1,837 Total 3,627 Month # of Registrants August 22, 2023 24 August 24, 2023 47 August 31, 2023 103 September 7, 2023 64 September 14, 2023 58 September 21, 2023 59 September 28, 2023 49 Total 404 Housing Division Quarterly Report November 7, 2023 Page 7 3 8 3 6 Rental Registry. Specifically, "Any notices or documents required to be provided from a Landlord to a Tenant by this Article or any other federal, state, or local law, including, but not limited to, notice of Rent Increase and notice of eviction, shall be provided to the City through the Rental Registry portal." Staff will research how this information can continue to be shared in the future but for now, this table is no longer available. Available Funds and Land Assets for Affordable Housing Development Projects The City of Santa Ana and the Housing Authority acting as the Housing Successor Agency manages multiple sources of local, state and federal funds to develop affordable housing. Exhibit 1 provides a summary of the funds available as of September 30, 2023. Affordable Housing Opportunity and Creation Ordinance On-Site Development: Since 2011, a total of 33 units have been developed on-site as a result of the Affordable Housing Opportunity and Creation Ordinance, including 23 ownership units for-sale and 10 rental units: Units Built On-Site Ownership Rental Total 23 10 33 In-Lieu Fees Generated: All in-lieu fees, penalties and other monies collected pursuant to the Ordinance, including interest, are deposited into the Inclusionary Housing Fund. Since inception, the Inclusionary Housing Fund has generated $28,443,446 to be used for the development of housing affordable to low- and moderate-income households, with a reasonable amount spent on administrative or related expenses associated with the administration of the Ordinance. Inclusionary Housing In-lieu Fees Received per Fiscal Year FYs 2009-2017 FY 17/18 FY 18/19 FY 19/20 FY 20/21 FY 21/22 FY 22/23 $7,851,002 $2,712,304 $7,236,945 $0 $3,709,875 $6,933,320 $0 In-lieu fees generated have been used to develop new affordable homeownership and rental housing opportunities as well as provide emergency shelter. Below is a summary of how in-lieu fees have been used by the City: Project or Program Inclusionary Housing Funds SPENT # of Units Address Santa Ana Arts Collective $4,775,000 57 1666 N. Main Street La Placita Cinco $1,300,000 50 2239 West 5th Street Housing Division Quarterly Report November 7, 2023 Page 8 3 8 3 6 The Link Interim Emergency Shelter $7,893,866 N/A 2320 S Redhill Avenue Westview House $1,514,113 84 2530 and 2534 Westminster Avenue Habitat for Humanity “Lacy & Vance”$565,271 2 826 N. Lacy Street & 830 N. Lacy Street WISEPlace Steps to Independence Public Service Program $90,000 N/A N/A Down Payment Assistance Program $800,000 9 N/A TOTAL $16,938,250 202 Project Inclusionary Housing Funds COMMITTED # of Units Address Habitat for Humanity “Washington Street”$2,200,000 6 1921 W. Washington Ave. Down Payment Assistance $1,250,000 N/A N/A TOTAL $3,450,000 6 Affordable Housing Development Projects There are six (6) affordable housing projects under construction, and two (2) affordable housing projects in pre-development. Below is a brief summary and status-update for each project. Exhibit 2 provides a development timeline for each project. The most recent RFP for Affordable Housing Development was issued on December 8, 2021 and closed on February 28, 2022. WISEPlace Permanent Supportive Housing and Habitat for Humanity of Orange County were awarded pre-commitment letters. Projects under Construction Estrella Springs (1108 N. Harbor) (Formerly called North Harbor Village) Developer Jamboree Housing Corporation Description Acquisition and rehabilitation of a former motel yielding 89 units of permanent supportive housing. City / Authority Funds CDBG ($1,687,047); Eight-nine (89) PBVs consisting of 34 HUD-VASH PBVs and 55 regular PBVs. Update Construction is currently underway. They had to update the plans and resubmit to the City for plan check. This allowed the project to finish the framing and continue with other work including insulation and drywall. Fire sprinklers were also completed. Now that everything is approved, the project will be able to move full speed ahead on other building systems. Completion is anticipated for March 2024. Housing Division Quarterly Report November 7, 2023 Page 9 3 8 3 6 Westview House (2530 Westminster Avenue) Developer Community Development Partners with Mercy House as the service provider Description New construction of an affordable multifamily apartment development consisting of 84 units of both large family and PSH units and one (1) manager’s unit. Twenty-six of the units will be funded by Mainstream Program PBVs and Mental Health Services Act (MHSA) funds through the No Place Like Home (NPLH) program. City / Authority Funds Inclusionary Housing ($1,514,113), HOME Investment Partnerships Program ($2,003,705), Rental Rehabilitation Program ($386,523), and twenty-six (26) Mainstream Program PBVs Update Exterior finishes and color on building A is complete, with building B at 95% for exterior color. The past two months Westview House staff have been working with AT&T and Spectrum-Charter to provide services to the buildings and install phone and television cabling throughout the units. They signed off on a preliminary plan from SCE in mid-September and are awaiting the final plan from SCE regarding energizing the building. They are pushing to receive it in time to implement the final work order before the Santa Ana moratorium takes place between Thanksgiving and New Year’s; however this may be pushed to January. If it is pushed out, other work is expected to be able to continue and it should not have a drastic effect on the completion date. Interior drywall is almost complete with City inspections ongoing and interior painting is expected to begin next week. Construction is expected to be complete at the end of February 2024 or early March 2024. Crossroads at Washington (1126, 1136 and 1146 E. Washington Avenue) Developer The Related Companies of California with A Community of Friends as co- developer and lead service provider Description New construction of a 100% affordable multifamily apartment complex consisting of 85 units of rental housing and one (1) manager’s unit. All units will be affordable to households earning less than 30% AMI of which 43 units will be set-aside for permanent supportive housing. City / Authority Funds HOME Investment Partnerships Program (HOME) ($3,007,489), Neighborhood Stabilization Program ($1,637,420), sixty-five (65) year ground lease agreement for 1126, 1136 and 1146 E. Washington Avenue (Appraised Value as of September 22, 2019: $4,108,136) and fifteen (15) PBVs Update The developer is working on interiors, installing cabinets, and doors for building 1136 and installing the insulation and hanging drywall on building 1146. The developer continues to work with the Corporation for Supportive Housing, Orange County staff, and the Santa Ana Housing Authority to begin the marketing and lease up process. Habitat for Humanity (826 N. Lacy & 830 N. Lacy Street) Developer Habitat for Humanity of Orange County (Habitat) Housing Division Quarterly Report November 7, 2023 Page 10 3 8 3 6 Description New construction of two single-family detached homes for homeownership serving households up to 120% AMI. City / Authority Funds Inclusionary Housing ($565,271) and a 99-year ground lease agreement for 416 Vance Street and 826 N. Lacy Street (Appraised Value as of Oct 25, 2018: $578,000) Update Late July, and through August of 2023, interior finish carpentry work was started and completed, including installation of doors, cabinets, countertops and sinks. Also in July, the two-story Victorian style home was repainted to address concerns of the French Park Historic Association and community members that the initial color was too bright. The color was approved by the French Park Historic Association and the City of Santa Ana. On September 30, Habitat held a Dedication Day and warmly welcomed the families for Lacy Street to their new homes. The event was attended by donors, volunteers, and supporters who helped make these homes affordable. The Mayor of Santa Ana Valerie Amezcua addressed the attendees, as well as Councilmember David Penaloza. Senator Tom Umberg, Orange County Supervisor Vicente Sarmiento, and Orange County Supervisor Katrina Foley were also in attendance. Two families from the City of Santa Ana were selected as the homebuyers. The families were income qualified as moderate-income families. Volunteer opportunities continue to be offered Wednesday through Saturday throughout the duration of the build. During the first quarter, there were 358 unique volunteers with a total of 5,250 volunteer hours. From the beginning of the project to date, there have been 1,266 unique volunteers with a total of 22,000 hours. WISEPlace Permanent Supportive Housing (1411 N. Broadway) Developer Jamboree Housing Corporation with WISEPlace as the co-developer and lead service provider Description Adaptive reuse and new construction of the WISEPlace building to provide 47 permanent supportive housing units, and one (1) manager’s unit. City / Authority Funds HOME-American Rescue Plan ($5,256,327); Twenty-five (25) PBVs Update The developer closed on their construction loan financing and began construction in March 2023. The Concrete footings & columns were completed in August 2023 and the slab will be poured on October 13, 2023. The expected construction completion date is November 2024. FX Residences (801, 809, 809 ½ East Santa Ana Boulevard) Developer HomeAid Orange County, Inc. with Mercy House as the service provider Description New construction of an affordable multifamily apartment complex consisting of 16 units of permanent supportive housing, and one (1) manager’s unit. Authority Funds Housing Successor Agency ($1,656,947), three (3) PBVs, 99-year ground lease agreement for 801 E. Santa Ana Blvd. (Appraised Value as of Oct 25, 2018: $788,000) Housing Division Quarterly Report November 7, 2023 Page 11 3 8 3 6 Update July was the start of construction for FX Residences. The grading, trenching and preparation for foundation were completed. The developer experienced small set back due to Hurricane Hillary where it took a few days to pump out the water and dry out the ground. The foundation was poured the week of September 18th. The block wall was started the week of September 25th and will be completed by 10/6. The developer is working with OCFA and the City’s Public Work Agency on relocation of the underground water pump to ensure best access. The 2nd floor framing is going to begin the week of 10/10. The developer is working to have the site waterproofed by the end of November to avoid rain delays during the potential rainy season. Completion of the project is estimated by the 1st quarter of 2024. Projects in Pre-Development Habitat for Humanity (1921 W. Washington Avenue) Developer Habitat for Humanity of Orange County Description New construction of three (3) duplexes / six (6) homes for homeownership serving households up to 80% AMI. City Funds Inclusionary Housing Funds ($2,200,000) Update In July 2023, the City’s Planning and Building Agency provided comments on the resubmittal. July through September 2023, the Habitat development team has held meetings with various points of contact with Public Works to work through responses and clarify density bonus waiver requests. The density bonus waivers are necessary for the project to comply with the request to add two additional housing units on the lot. Responses to comments will be submitted in October 2023 with request to submit CDs at- risk to mitigate further delays to the project. Bewley Street Intergenerational Housing Project (918 N. Bewley Street) Developer Illumination Foundation Description Rehabilitation of 2 two-story residential buildings into eleven (11) rental units for homeless transitional age youth and senior citizens. City Funds Homeless Housing, Assistance and Prevention (HHAP) ($2,021,319); Eight (8) PBVs Update The first of two Sunshine Ordinance meetings were held in September with a second meeting scheduled for October. The developer has provided all the follow-up information requested by the City’s Planning and Building Agency and currently waiting on a response. The developer is also working with the City’s consultant on their NEPA environmental review. FISCAL IMPACT There is no fiscal impact associated with this action. EXHIBIT(S) 1. Available Funds for Affordable Housing Development Projects 2. Project Timelines Housing Division Quarterly Report November 7, 2023 Page 12 3 8 3 6 Submitted By: Michael L. Garcia, Executive Director of Community Development Approved By: Steven A. Mendoza, Acting City Manager Available Funds for Affordable Housing Development Projects As of September 30th, 2023 Housing Successor Agency (Housing Authority) $5,028,236 Cash on Hand ($1,656,947)Frances Xavier Residence Project Pre-Commitment Loan 1 ($250,000)Administrative Costs Allowance 2 ($2,725,395)Administrative Costs Allowance for Future Fiscal Years 3 ($307,386)Crossroads at Washington Option Agreement Amendment 4 ($12,883)Crossroads at Washington Environmental Assessment Oversight 5 $75,625 Available Funds Inclusionary Housing Funds $8,943,724 Cash on Hand ($410,000)Down Payment Assistance Program 6 ($56,527)Lacy Street Project Grant 7 ($151,411)Westview House Loan 8 ($37,500)Westview House Project Cost ($2,200,000)1921 W. Washington Project Pre-Commitment 13 ($2,168,363)Administrative Costs Allowance (CDA/PBA) $3,919,923 Available Funds HOME Program $8,299,766 Funds to Drawdown ($300,749)Crossroads at Washington Loan 10 ($200,371)Westview House Loan 8 $7,798,646 Available Funds to Drawdown HOME-American Rescue Plan Program (PSH Projects Only) $1,464,630 Funds to Drawdown ($1,464,630)WISEPlace PSH Loan 12 $0 Available Funds to Drawdown CDBG Program (Acquisition/Rehabilitation Projects Only) $4,690 Funds to Drawdown $4,690 Available Funds to Drawdown Rental Rehabilitation Grant Program $48,860 Cash on Hand 11 ($38,652)Westview House Loan 8 $10,208 Available Funds $11,809,091 Total Available Funds 1 Approved by Housing Authority on January 15, 2019. Additional $587,000 approved by Housing Authority on December 7, 2021. 2 The Housing Successor Agency relies on available cash to fund the monitoring and compliance functions related to the former Redevelopment Agency's housing loans. 3 Funds to be set aside for compliance and monitoring requirements due to uncertainty of future repayment revenues. 4 Approved by Housing Authority on December 15, 2020. Additional $150,000 maximum approved by Housing Authority on August 17, 2021 (2nd Amendment to Option Agreement). 5 Approved by Housing Authority on July 20, 2021. 6 $400,000 originally approved by City Council on March 6, 2018. Nine loans paid through end of September 2021. Additional $1,200,000 approved by Council on November 2, 2021. 7 Approved by City Council/Housing Authority on March 5, 2019. Additional $333,777 approved by City Council on April 6, 2020. 8 Approved by City Council on May 17, 2022. 10 Approved by City Council on June 21, 2022. 11 Old program income available after close out of program with HUD. 12 Approved by City Council on March 7, 2023. 13 Approved by City Council on November 15, 2022. Exhibit 1 EXHIBIT 2 Page 1 Current Affordable Housing Development Project Timelines Projects under Construction Estrella Springs – 1108 N. Harbor (Formerly called North Harbor Village) Mar 19 Start of design development Mar 19 Applied to FHLBSF for AHP Financing ($890,000) Mar 19 Award of VASH Vouchers & City Loan by City Council (89 Vouchers and $1,687,047) Mar 19 Start environmental approval process with City of Santa Ana (CEQA/NEPA) Mar 19 Applied for Home Depot Grant ($500,000) Jun 19 CEQA / NEPA Approval – City of Santa Ana Jun 19 AHP Award Date ($890,000) Aug 20 Applied to HCD for MHP 1st Round Funding ($13,316,412) Dec 19 Notified project did not receive 1st Round MHP funding Feb 20 Applied to HCD for VHHP Funding ($10,000,000) Mar 20 Applied to HCD for MHP 2nd round funding Mar 20 Applied to OCHFT Financing ($2,292,920) May 20 Notified project did not receive 2st Round MHP funding May 20 Received OCHFT funding award ($2,292,920) Jun 20 Received VHHP funding award ($10,000,000) Jun 20 Submitted Plans for Ministerial Design Approval Jun 20 Applied for CDLAC tax-exempt bond allocation ($24,000,000) Jul 20 Applied for TCAC 4% competitive state and federal tax credits ($9,896,911) Sept 20 CDLAC Allocation Nov 20 Ministerial Design Approval (upon completion of community meeting on 11/4/2020) Oct 20 TCAC Allocation Oct 20 Start construction documents for rehab Nov 20 Submit first plan check Dec 20 Awarded Home Depot Grant Jan 21 Receipt of first plan check comments Jan 21 Submit second plan check Feb 21 Receipt of second plan check comments Feb 21 Submit third plan check Mar 21 Received permit ready Apr 21 Construction loan closing Apr 21 Pull Permits and start construction May 21 Site Demolition Dec 21 Work on mock up units begins Jun 22 Structural retrofitting and repairs July 22 Roofing and Framing Aug 22 Stock drywall & Inspections Aug 22 Gutter, Awning and Painting & installation of stairs Oct 22 OCHFT Loan finalized Apr 23 Interior refurbishments & finishes EXHIBIT 2 Page 2 Aug 23 Elevator Sept 23 Plan resubmittal/Plan Coordination Oct 23 Roof/Drywall Nov 23 Complete Flooring Dec 23 Stucco Jan 24 Interiors/Fixtures & Appliances/ Jan 24 Lease up Jan 24 Scaffold finishes Jan 24 Final Cleaning Mar 24 Grading/Paving for parking lot and site work Mar 24 Construction Completion Jun 24 Full Occupancy Westview House – 2530 Westminster Avenue Oct 19 City of Santa Ana RFP submittal May 20 OC 2020 Supportive Housing NOFA Submittal Dec 20 OC 2020 Supportive Housing NOFA award Jan 21 City of Santa Ana PBV Award Jan 21 Construction/permanent debt commitments Jan 21 Receive Entitlements Jan 21 No Place Like Home application Mar 21 OCHFT application May 21 OCHFT Award Jun 21 No Place Like Home commitment Sep 21 CDLAC/TCAC 4% application Dec 21 CDLAC/TCAC 4% award May 22 Close on construction financing Jun 22 Construction permits issued Jun 22 Construction start Nov 22 Groundbreaking Ceremony Dec 22 Grading activities completed and concrete poured Apr 23 Floor Sheathing & Pre-Rough complete in Buildings A & B Jun 23 Rough framing and roofing are complete Jun 23 Window installation in both buildings Jul 23 Working on utility rough-ins Jul 23 Roof Truss in Building B Jul 23 Drywall Production Mar 24 Construction complete Aug 24 All units Leased Dec 24 Perm Debt Conversion Crossroads at Washington – 1126,1136 and 1146 E. Washington Avenue Aug 19 Submitted PSH application to County Oct 19 Submitted for Planning entitlements Oct 19 Community meeting EXHIBIT 2 Page 3 Nov 19 Approval of Joint Powers Agreement, Option to Ground Lease, Voucher Resolution and Cooperation Agreement, and Regional Housing Needs Assessment (RHNA) Agreement and Density Bonus Dec 19 NEPA EA City Approval – City of Santa Ana submits NEPA EA to HUD Feb 20 PSH Funds and Voucher approval from County Board of Supervisors Feb 20 Planning entitlements approved Mar 20 TCAC 9% Application – 1st Round 2020 Jul 20 TCAC FCAA/9% Application – 2nd Round 2020 Oct 20 TCAC FCAA/9% Award – 2nd Round 2020 Mar 21 Submitted OCHFT PSH NOFA Application May 21 OCHFT PSH NOFA Award Dec 21 Submit DTSC Equitable Community Revitalization Grant (ECRG) Pre- Qualifying Application Feb 22 Submit for 1st plan check Mar 22 DTSC approves draft Removal Action Workplan; draft Removal Implementation Plan under review Apr 22 DTSC ECRG Full Application Jul 22 DTSC ECRG Award Jul 22 City issues permit ready letter Jul 22 Construction finance closing/Start construction Nov 22 Building foundation complete Dec 22 Framing began Aug 23 Interior work, installation of cabinets & doors for Building 1136 Sept 23 Installing the insulation and hanging drywall on Building 1146 Mar 24 Construction complete Jul 24 Full occupancy Habitat for Humanity – 826 N. Lacy Street & 830 Lacy Street May 20 DDA signed June 20 Prepare grading plans Oct 20 Prepare architectural plans Oct 20 Submit Neighborhood Review Application Feb 21 Final Approval from Historic French Park Committee Apr 21 Submit Site Review Application Dec 21 Submit grading/ Non-Priority WQMP Jan 22 Submit architectural plans May 22 Planning Commission Approval Jul 22 Grading permit issued Aug 22 Groundbreaking Aug 22 Building Permits issued Aug 22 Commence Grading Sep 22 Begin Foundation Construction Oct 22 Framing Ceremony/Framing Construction Begins Jan 23 Roof diaphragm sheathing and exterior sheathing completed Jan 23 Roof sheathing/frame and shear walls Inspection Jan 23 Buildings dried in EXHIBIT 2 Page 4 Jan 23 House wrap and waterproofing Jan 23 Drywall stack complete Jan 23 Exterior Door installation complete Jan 23 Homebuyer outreach and application open Feb 23 Window installation complete Feb 23 Rough in plumbing Feb 23 Rough in electrical Feb 23 Rough in mechanical Feb 23 Rough in fire sprinkler- OCFA Mar 23 MEP Inspection Mar 23 OCFA Inspection Mar 23 Structural/framing complete Mar 23 Structural/framing Inspection Mar 23 Seal exterior penetrations Mar 23 Wood siding started Mar 23 Start exterior wood trim carpentry-ongoing Mar 23 Insulation completion and inspection Mar 23 Drywall hanging Mar 23 Preliminary homebuyer application review May 23 Habitat for Humanity Leaders Build on-site May 23 Re-launchHomebuyer outreach May 23 Interior paint completed Jun 23 Porch-flatwork, interior door installation and cabinetry installation Jul 23 Painting completion Jul 23 Homebuyer application review and selection Jul 23 Gas pressure test inspection Aug 23 Roofs finished Aug 23 Water meter release (Backflow device inspection) Aug 23 Electrical meter release Sep 23 Families income qualified as moderate-income families and meet the City program ratios Sep 23 Street improvements (curbs, asphalt, and ADA ramp) Sep 23 Solar inspection Sep 23 Orange County Fire Authority Final inspection Sep 23 SCE trench inspection Sep 23 Flatwork completed Sep 23 Family Dedication Day Ceremony Oct 23 Anticipated Construction Completion Oct 23 Certificate of Occupancy/Completion WISEPlace Permanent Supportive Housing – 1411 N. Broadway May 19 Start of conceptual design development Sept 19 Applied to City of Santa Ana for Financing Feb 20 Notified not awarded City of Santa Ana Financing Mar 20 Applied to Orange County Housing Finance Trust (OCHFT) Financing EXHIBIT 2 Page 5 Apr 20 Met with City of Santa Ana Planning Staff on entitlements May 20 Notified not awarded OCHFT Financing Jun 21 Met with City of Santa Ana staff to review revised conceptual plans Jan 22 Submitted Historic Resource Commission and entitlements application to City of Santa Ana Feb 22 Applied to City of Santa Ana for HOME-ARP Funding and PBVs Mar 22 City of Santa Ana Historic Resource Commission Approval Mar 22 Applied to OCHFT Financing Mar 22 Applied to AHP Financing Apr 22 Awarded City of Santa Ana for HOME-ARP Funding and PBVs May 22 Awarded OCHFT Funding May 22 City of Santa Ana Planning Commission Approval of entitlements May 22 City of Santa Ana Community Development Commission Approval of Funding and Density Bonus Agreement (DBA) Jun 22 Notified not awarded AHP Funding Jun 22 Applied to County of Orange for ARPA Funding Jun 22 City of Santa Ana City Council Approval of DBA Jun 22 Awarded County of Orange ARPA Funding Jun 22 Applied for TCAC 9% competitive federal tax credits Sept 22 TCAC Allocation Sept 22 Start Construction Documents, Plan Check and Permitting Jan 23 Closing Kick Off Mar 23 Receive grading permit and building permit ready letter Mar 23 Construction loan closing Mar 23 Pull Permits and start construction Apr 23 Site Demolition Jun 23 Groundbreaking Ceremony Jul 23 Storm drain system complete Aug 23 Concrete footings & Columns Complete Sept 23 Structural Framing on Existing Building Complete Oct 23 Concrete pour ground floor slab on grad complete Nov 23 Podium Complete Jun 24 Dry In Complete Nov 24 Construction Complete May 25 100% Full occupancy (6 months) FX Residences – 801, 809, 809 ½ E. Santa Ana Boulevard Jan 19 Council approval for land lease and project funding Jan 19 Submittal of application for NPLH funding Feb 19 Confirm with City staff that project site can yield additional units under existing zoning Mar 19 Revise conceptual drawings for additional 5 units (17 total units, up from the original 12 units) Mar 19 SNHP funding application submitted to County EXHIBIT 2 Page 6 Apr 19 City staff to review revised conceptual design Apr 19 Begin development agreement May19 Board of Supervisors meeting for SNHP funding Jul 19 Execute Development Agreement Jul 19 Formal awards letters for NPLH funding to be issued Aug19 Initial planning submittal Sept19 Sunshine Ordinance Meeting Mar 21 Planning Commission Meeting (ministerial approval of density bonus) Oct 21 Submit for first plan check Dec 21 City Council Meeting (ministerial approval of density bonus) Dec 21 City Council approval of additional $587,000 for construction costs Feb 22 Building permit submittal Mar 22 Received 1st set of comments back from Plan Check, consultants working on responses. Jul 22 FX Funding Closing Meetings begin, 2nd Building Plan Submittal Aug 22 Building and Grading comments being addressed Oct 22 Construction Funding Closing process is underway Dec 22 Dry closed funding for CalHFA/SNHP and City of Santa of Santa Ana April 23 Met with city planner to clarify all comments on 3rd submittal April 23 Submit 4th building review & OCFA building review May 23 Pull Building Permits & PGP Permits June 23 Groundbreaking Ceremony July 23 Start of Construction Aug 23 Grading, trenching and forming underway Sept 23 Foundation poured. Oct 23 Block Wall along North property line completed. Oct 23 First floor framing begun Nov 23 1st and 2nd floor framing complete Nov 23 Roofing Nov 23 Solar Rough Dec 23 MEP Inspection Dec. 23 Drywall start. Jan 24 Drywall Texture Jan 24 Scaffolding down. Jan 24 Water main and storm drain work to begin. Jan 24 Cabinetry Install Jan 24 Solar Complete Jan 24 Electric Finish and Grade Finish Feb 24 Landscape start and Lease up Start Feb 24 Flooring Start Feb 24 Landscape finish Feb 24 Flooring finish Feb 24 Electric meter and appliance install Feb 24 Final Paint Start Feb 24 Final Paint Finish Mar 24 Certificate of Occupancy EXHIBIT 2 Page 7 Projects in Pre-Development Habitat for Humanity – 1921 Washington Avenue Dec 21 Habitat for Humanity OC closed escrow on property Aug 22 Subsidy Approval from Community Development Commission Nov 22 Subsidy Approval from City Council Dec 22 Submit Demo Permit Application Jan 23 Demo Permit Issued Feb 23 Submit Site Plan Review Application Mar 23 Apr 23 First Sunshine Ordinance Meeting Geological Soils Testing May 23 Second Sunshine Ordinance Meeting Jun 23 Second Sunshine Ordinance Meeting report submitted Jun 23 Responses to comments received submitted July 23 Comments from second submittal received Meeting with Planning to discuss comments and density bonus waiver requests Aug 23 Meetings with Public Works to discuss comments and density bonus waiver requests Sep 23 Meetings with Public Works to discuss comments and density bonus waiver requests Oct 23 Submit responses to comments from July 2023 Nov 23 Demolition Permit Nov 23 Planning Approval Dec 23 Planning Commission Approval Jan 24 Submit Grading / Non-Priority WQMP Jan 24 Submit Architectural Plans at Risk Feb 24 Groundbreaking Ceremony Mar 24 Building Permit issued Mar 24 Begin Foundation Construction Apr 24 Framing Ceremony Mar25 Complete Rough Inspections Mar25 Construction Complete Richard Lehn Intergenerational Housing – 918 N Bewley St. Nov 22 City of Santa Ana RFP submittal Nov 22 Design development Apr 23 Submitted Plans to Planning Division Jun 23 Community Development Commission approval of Pre-Commitment Letter Jul 23 City Council approval of Pre-Commitment Letter Aug 23 CalOptima HHIP funding application($3,000,000) Sept 23 Start environmental approval process (NEPA) Sept 23 Sunshine Ordinance Community Meeting 1 Oct 23 Sunshine Ordinance Community Meeting 2 EXHIBIT 2 Page 8 Oct 23 Planning Division approval to proceed with plan check Oct 23 Received CalOptima HHIP funding ($3,000,000) Dec 23 NEPA EA approval Jan 24 Building Division approval Jan 24 City Council final approval Jan 24 Pull construction permit Feb 24 Start construction Feb 24 Demolition Apr 24 Rough framing complete Jun 24 MEP complete Jul 24 Construction complete Aug 24 Commence Lease Up Oct 24 All units leased