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HomeMy WebLinkAboutHABITAT FOR HUMANITY OF ORANGE COUNTY (6) 0. G Q A (ep) David Flores (Dz) A-2025-094 MAYOR ., CITY MANAGER Valerie Amezcua *R! ' Alvaro Nunez MAYOR PRO TEM et .r� CITY ATTORNEY Benjamin Vazquez Sonia R.Carvalho COU l Bacer MBERS CITY CLERK Phil Bacerra ; Jennifer L. Hall Johnathan Ryan Hernandez `'' Jessie Lopez David Penaloza Thai Viet Phan CITY OF SANTA ANA COMMUNITY DEVELOPMENT AGENCY 20 Civic Center Plaza—M25 Santa Ana,California 92702 www.santa-ana.orca July 1, 2025 Michael Valentine President & CEO Habitat for Humanity of Orange County, Inc. 2200 Ritchey Street Santa Ana, CA 92705 Re: Pre-Commitment Letter 425 E. Wellington Ave. Santa Ana, CA 92701 Dear Mr, Valentine, Habitat for Humanity of Orange County, Inc. (referred to as the "Developer"), requested financial assistance for eligible homebuyers to purchase nine (9) existing rental units that will be converted into affordable ownership condominium units ("Project"). The Project would be located at 425 East Wellington Avenue, Santa Ana, CA, 92701 (APN 398-028-12) ("Property"). The Project involves the conversion of an existing nine-unit apartment building into condominiums, which will be made available for homeownership to Low and Moderate- Income households earning less than 120% of the Area Median Income (°AMI") ("Low and Moderate-Income Households"). The existing building on the Property was rehabilitated in May 2024 and includes one two-bedroom unit and eight one-bedroom units, each with a single bathroom. All units are equipped with essential appliances: stoves, refrigerators and stacked washer/dryer units in the laundry space. Unit sizes range from 420 to 846 square feet. The building recently underwent over $1 million in renovations, which included new flooring, electrical upgrades (new outlets and fixtures), updated kitchen cabinets, and complete bathroom remodels. Doors, windows, shutters, garage doors, stairways, and railings were restored or replaced as needed to meet code compliance. SANTA ANA CITY COUNCIL Valerie Amezcua Beaiamin Vazquez Thai Viet Phan Jessie Lopez Phil Bacerra Johnalhan Ryan Hemandez David Penaloza Mayor Mayor Pro Tam-ward 2 Ward 1 Ward 3 Ward 4 Ward 5 Ward 6 vamezcua!Ilsanta-ana.oru dvazouezna Santa-ana.oro tphanQsanta-ana.arg lessielooezf)o sanla ana am pbacerraasaota-ana,om irvanhemandezfalsanla-ana.oro doenalozalo�santa-ana.prq The City of Santa Ana ("City") has reviewed the Developer's request for financial assistance, and at the City Council meeting on July 1, 2025, the City Council authorized and approved the issuance of this pre-commitment letter evidencing a commitment to reserve $920,000.00 (the "City Assistance") in Inclusionary Housing Funds as follows: (1) an allocation of$720,000 to the City's Down Payment Assistance Program (the "Down Payment Assistance Program Allocation"), and (2) a conditional award up to $200,000 for eligible relocation costs (the "Conditional Relocation Allocation"). The City Assistance will be available to Low and Moderate-Income households. Current residents of the Property with household incomes of less than 120% AMI and that qualify to purchase a unit within the Property will be given the right of first refusal to purchase a unit. The Down Payment Assistance Allocation shall be available for down payment assistance to individual households, structured as a silent mortgage based on homebuyer eligibility (the "Homebuyer Down Payment Assistance"). Homebuyers must meet the eligibility requirements for the Developer's Affordable Homeownership Program with a residency preference for local workers and residents of Santa Ana in accordance with Santa Ana Municipal Code Section $-3500. Conversion and construction will comply with all City of Santa Ana, County, and State building codes. The Conditional Relocation Allocation will be available upon a determination by the City that the Project is subject to relocation benefits under California Government Code §§ 7260 or 66300.6. This letter shall evidence the City's pre-commitment of the City Assistance to the Developer for the Project subject to the conditions described below. City__Assistance: The amount of the proposed City Assistance has been determined based upon the City's review of the Developer's request for the receipt of the City Assistance targeting Low and Moderate Income Households, The City Assistance shall be conditioned on and include the following terms: • City and Developer shall enter into a Memorandum of Understanding ("MOU") that sets forth terms under which the City shall provide the Homebuyer Down Payment Assistance and Conditional Relocation Allocation. • The Homebuyer Down Payment Assistance shall be available for Low and Moderate Income Households with income that does not exceed 120% of the Orange County AMI as set by the Department of Housing and Urban Development ("HUD"). • The MOU may, but is not required to, include provisions that govern if and how the City Assistance may be used in the event the total authorized Homebuyer Down Payment Assistance loans are less than the amount of the award in this pre-commitment ($720,000.00). The MOU may make these provisions subject to approval from the City Manager of an amended MOU. • The MOU shall specify that the Project is not undertaken by the City and is not in furtherance of a City program. Rather, the MOU is a response to Developer's request for financial assistance to enhance affordability for qualified homebuyers by providing Homebuyer Down Payment Assistance through an existing City program. • The MOU shall require that Developer execute an affordable housing covenant ("Affordable Housing Covenant") to offer the nine (9) affordable units to households with income that does not exceed the limits for Low and Moderate- Income Households for an affordable sales price that complies with the limits for an "affordable housing cost," as defined in California Health and Safety Code § 50052.5. In addition to the available Homebuyer Down Payment Assistance, the existing residents shall have a right of first refusal, which shall provide those households with the right to purchase an affordable unit. The Affordable Housing Covenant shall run with the land for a period of forty-five (45) years. • Developer shall assume any and all responsibility and be solely responsible for determining whether the project must comply with the relocation requirements under California Government Code § 7260 et seq. and implementing regulations and any other applicable federal, state, or local laws governing relocation of residential tenants, including but not limited to Division 2 of Article IX of Chapter 34 of the Santa Ana Municipal Code (§ 34-331 et seq.) (collectively, "Relocation Laws"). To the extent applicable, Developer shall comply with and be responsible for all costs of compliance with relevant Relocation Laws. • Developer shall assume any and all responsibility and be solely responsible for compliance with all tenant and eviction protections, including but not limited to protections under the California Tenant Protection Act (Civil Code § 1946.2), the Ellis Act(Government Code § 7060 et seq.), Santa Ana's Rent Stabilization and Just Cause Eviction Ordinance (Article XIX of Chapter 8 of the Santa Ana Municipal Code) (collectively, "Eviction Protections"). To the extent applicable, Developer shall comply with and be responsible for all costs of compliance with all relevant Eviction Protections. • Because the MOU will provide City Assistance as part of Homebuyer Down Payment Assistance for qualified homebuyers, the repayment obligation is based on the City's existing Down Payment Assistance Program. City shall not be obligated to make any payments to qualified homebuyers under the MOU unless and until Developer meets all conditions provided for in the MOU and qualified Low and Moderate-Income Households comply with all requirements to receive the Homebuyer Down Payment Assistance. • The nine (9) affordable ownership units at the Project shall be restricted by an Affordable Housing Covenant to an affordable home purchase price, which will require that the nine (9) homes be sold to qualified Low and Moderate-Income Households. Future sales of such single-family homes will be restricted to qualified Low and Moderate-income Households for a period of at least forty-five (45) years. • Developer will have a local preference for families who live or work in the City of Santa Ana in the selection of qualified Low and Moderate-Income Households in compliance with Santa Ana Municipal Code Section 8-3500. The local preference will be applied after all existing residents have the opportunity to exercise the right of first refusal. • Developer will ensure that each "Program Participant" (used interchangeably with "Homebuyer") means the selected eligible person or family who will be purchasing a house. Each Program Participant will provide voluntary work as sweat equity or any other administrative work as may be designated by the Developer. Each Program Participant is to be selected by the Developer as more fully set forth in its Affordable Homeownership Program. The City shall have the right to review and approve the sweat equity requirements and related criteria (including a residency preference for Santa Ana residents or workers) applied through the Affordable Homeownership Program. • Developer will comply with the City's Community Workforce Agreement and union labor will be used for all necessary upgrades when volunteer labor is not used. • Developer will provide existing tenants with the right of first refusal to purchase a unit, provided they meet the eligibility requirements for Habitat for Humanity's Affordable Homeownership Program and the City of Santa Ana's Down Payment Assistance Program; provided, however, Developer shall at all times comply with the Relocation Laws. If an eligible and qualified household exercises the right of first refusal, Developer shall sell the Affordable Unit to that household. • Developer shall comply with all requirements of the California Building Code. If the Project requires a building permit that is subject to Chapter 11 B of the California Building Code, including but not limited to any requirements for "public housing" under Section 11 B-233.3, then Developer shall comply with applicable requirements of the California Building Code. • At the close of escrow for the purchase of each affordable unit, the City will require each household purchasing such unit to execute all documents and instruments required by the City's Down Payment Assistance Program. • The MOU shall set forth the terms and conditions for disbursement of the Conditional Relocation Allocation. All disbursements of the Conditional Relocation Allocation shall be subject to compliance with the Relocation Laws, and disbursed only on a reimbursement basis after the City has been provided reasonable documentation of compliance with the Relocation Laws. General Provisions: The City's obligation to provide the City Assistance to the Project is subject to each of the following conditions: • Developer must provide proof that it has secured all of its remaining financing for the conversion of the Project in the form of enforceable funding commitments and agrees that Developer shall be solely and exclusively responsible for any and all Project costs in the event all or some of the City Assistance is not approved or authorized. • Developer and City shall enter into the MOU setting forth the terms and conditions for the Homebuyer Down Payment Assistance loans for individual homeowners and any other uses of the City Assistance, and the disbursements of the Conditional Relocation Allocation, if any. • Execution of an Affordable Housing Covenant and recording the same against the Property. • Developer shall assume any and all responsibility and be solely responsible for determining whether laborers employed relative to the construction or installation of the Project must be paid the prevailing per diem wage rate for their labor classification, as determined by the state, pursuant to labor code sections 1720, et seq. If applicable, Developer shall comply with the City's Community Workforce Agreement. • All provided funding and Project requirements shall conform to the City's most recently adopted Affordable Housing Funds Policies and Procedures and the City's Down Payment Assistance Program, unless alternative requirements (e.g., reduction of 3% down payment requirement to 1%) are expressly provided in the executed MOU or any other documents related to the conversion of the Project. • Approval of all required entitlements and discretionary actions to allow the construction, improvement, conversion, and/or development of nine (9) affordable ownership units to be located at 425 East Wellington Avenue, Santa Ana, CA, 92701 (APN 398-028-12). • The City's obligation to provide the City Assistance is and shall remain subject to all covenants, conditions, and restrictions set forth in this pre-commitment letter and the MOU, and in particular, the City's analysis of the available funding sources and development and operating costs of the Project and the overall economic feasibility of the Project. • Developer's compliance with any applicable Relocation Laws. • For any disbursement of the Homebuyer Down Payment Assistance, each Homebuyer shall comply with the City's Down Payment Assistance Program. • Developer must comply with all other conditions specified in the MOU for disbursement of funds, including execution and recordation of the Affordable Housing Covenant. • City shall have the right to review and approve any conditions of title, as reflected on a preliminary title report, and a condition of title guarantee, at Developer's expense, regarding the priority of the Affordable Housing Covenant, subject to City's review and approval. • Developer must indemnify, defend, and hold harmless, City against loss or damage suffered by City as a result of any claim by any person or entity arising out of or relating to this pre-commitment or the transactions contemplated by this pre-commitment, excluding claims resulting from the City's gross negligence and/or willful misconduct. • Any other terms and conditions the City determines are reasonably necessary for the MOU to protect the City's interest and comply with applicable law. Developer, at its sole cost and expense, will be responsible for securing any and all permits and discretionary approvals that may be required for the Project by the City or any other federal, state, or local governmental entity having or claiming jurisdiction over the Property or Project. Notably, this pre-commitment letter shall not obligate the City or any department thereof to approve any application or request for or take any other action in connection with any planning approval, permit, or other action necessary for the construction, rehabilitation, installation or operation of the Project. This pre-commitment letter for the Project will expire on July 1 , 2027. If you have any questions or require any additional information regarding this pre- commitment letter, please contact Judson Brown, Housing Division Manager, by telephone at (714) 667-2241 or by e-mail at jbrown(c_santa-ana.org. Sincerely, On behalf qpthe City of S Ana: varo Nunez City Manager , kxn'f Attest: ennifer L all Cit r RECOMMENDED FOR APPROVAL: Michael L. Garcia Executive Director Community Development Agency AGREED TO BY: HABITAT FOR HUMANIT OF ORANGE COUNTY, INC. Michael Valentine, resident & CEO