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Exhibit 1
<br />Available Funds for Affordable Housing Development Projects
<br />As of May 31, 2020
<br />Housing Successor Agency (Housing Authority)
<br />$3,677,038 Cash on Hand
<br />($24,306) First Street Apartments Project Costs
<br />($1,069,947) Frances Xavier Residence Project Pre -Commitment Loan 1
<br />($250,000) Administrative Costs Allowance 2
<br />($2,332,784) Administrative Costs Allowance for Future Fiscal Years'
<br />$0 Available Funds
<br />Inclusionary Housing Funds
<br />$7,266,508 Cash on Hand
<br />($28,239) Santa Ana Arts Collective Project Costs 4
<br />($250,000) Down Payment Assistance Program'
<br />($3,170,547) Legacy Square Project Pre -Commitment Loan
<br />($231,494) Lacy Street Project Pre -Commitment Loan
<br />($56,914) Tiny Tim Plaza Project Costs 8
<br />($1,514,113) Westview House Pre -Commitment Loan 9
<br />($90,000) WISEPlace Steps to Independence Program Agreement 10
<br />($175,844) Administrative Costs Allowance (CDA/PBA)
<br />$1,749,357 Available Funds
<br />HOME Program
<br />$5,294,652 Funds to Drawdown
<br />($3,007,489) Crossroads at Washington Pre -Commitment Loan 11
<br />($2,003,705) Westview House Pre -Commitment Loan 9
<br />$283,458 Available Funds to Drawdown
<br />CDBG Program (Acquisition/Rehabilitation Projects Only)
<br />$619,587 Funds to Drawdown
<br />($1,687,047) North Harbor Village Project Pre -Commitment Loan 12
<br />$0 Available Funds to Drawdown
<br />NSP Program (Abandoned, Foreclosed or Vacant Properties Only)
<br />$1,338,021 Funds to Drawdown
<br />($963,951) Crossroads at Washington Pre -Commitment Loan n
<br />($96,395) Crossroads at Washington Project Costs
<br />($277,675) Transfer to CDBG in FY 20/21
<br />$0 Available Funds to Drawdown
<br />Rental Rehabilitation Grant Program
<br />$389,685 Cash on Hand 13
<br />($386,523) Westview House Pre -Commitment Loan 9
<br />$3,162 Available Funds
<br />$2,035,977 Total Available Funds
<br />Approved by Housing Authority on January 15, 2019.
<br />x The Housing Successor Agency relies on available casbtofundthe monitoring and compliance functions related to the former Redevelopment Agency's housing loans.
<br />x Funds to be set aside for compliance and monitoring requirementstlueto uncertainty of future repayment revenues.
<br />Pro ect costs only; $4 Mid In loans appmvetl by Clty Council paid on J my 26, 2017.
<br />$400000 onginallyappmvetl by Clty Council on Mach 6, 2018. Fourloans paidthrough end of May2020.
<br />a Approved by City Council/Housing Aulhohtyon January 15, 2019.
<br />r Approved by City Council/Housing Aulhohtyon March 5, 2019.
<br />a Project costs only;$60M In loans appmvetl by City Council/Housing Autllotlty and paid on May 2,2019.
<br />a Approved by City Council on April T, 2020.
<br />r0 Appmvetl by City Council on Apnl 7,2020.
<br />11 Appmvetl by City Council on July 2,2019.
<br />rx Appmvetl by City Council/Housing Authobty on March. 5, 2019.
<br />" Old program income available after close out of program with HUD.
<br />19C-11
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