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EXHIBIT 2 FIRST AMENDMENT TO CONDITIONAL GRANT AGREEMENT INCLITSIONARV HOUSING PROGRAM '11115 I+'IRS'I' AY1b;NUMB;N'I"I'O CONDITIONAL GRANTAGRICEIYIENT ("First Aunendmenl") dated, for identification purposes only, as of April 6, 2021, is madc and entered into by and between the City of Santa Ana, a charter city and municipal corporation ("City"), and habitat for humanity of Orange County, a nonprofit organization ("Developer") with reference to the following: RECITALS: A. I'hc City and Developer executed a Conditional Grant Agreement Tnclusionary Housing Program Baled November 17, 2020, in the amount of S231,494 ("Grant Agreement"), for the Proposed development of two (2) sin -lc -family detached home restricted for ;ale to moderate income tamihes earning no more than 120'%o of the Orange County Area Median Income ("Project") to be located at 416 Vance Street (AI'N 398- 041-18) and 826 N. Lacy Street (APN 398-041-220) (collectively, the "Property'). R. Developer requested an additional $333,777 from the City in order to oll'wl a portion of the additional construction costs associated with the Project Line to the architectural requirements of French Park where the Property is located - The City, on the same terms and conditions found in the Grant Agreement, desires un increase such Conditional Tnclusionary Grant to Developer in order to make. possible the development and construction of the Project, thereby expanding the ,apply of deceit, sate, sanitary and at ordnblc housing within the City. 1). .I'his First Amendment is enlered into 1161- the purpose of increasing the lolal amount of the Conditional Tnclusionary Grant fium the City un the Developer lirr completion of the Project, pursuant to the Tnclusionary Housing Fond regulations and guidelines. NOW THERF.FORF, in consideration of the nunual and respectivepronrises, and subject to the tct7rs and conditions ol'said Grant Agreement, except as herein modified, the panics agree as follows: Section 1 .1, Defined l erms, shall be amended to increase the total amount in the definilion of "Tnclusionary Grant" or "hnclusionary City Grant" by $333,777 for a total Tnclusionary Grant amount up to $565,271- 2. Section 3.1, lnclusionary Funds, shall be amended to increase the total amount of the Tnclusionary Grant by $333,777 for a total Tnclusionary C rant anuxmt up to $5(i5,271- City Council 21 — 6 416/2021