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AGENDA PACKET_2021-08-17
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AGENDA PACKET_2021-08-17
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<br />Quarterly Report for Housing Division Projects and Activities <br />August 17, 2021 <br />Page 4 <br />create homeownership opportunities. Below is a summary of how in-lieu fees have been <br />used by the City: <br />Inclusionary Housing <br />Project# of UnitsAddress <br />Funds SPENT <br />Santa Ana Arts <br />$4,775,000571666 N Main Street <br />Collective <br />Tiny Tim Plaza$1,300,000502239 W 5th Street <br />The Link Interim 2320 S Red Hill <br />$4,140,295N/A <br />Emergency ShelterAvenue <br />TOTAL$10,215,295 107 <br />Inclusionary Housing <br />Project# of UnitsAddress <br />Funds COMMITTED <br />Habitat for Humanity 416 Vance Street & 826 <br />$565,2712 <br /> “Lacy & Vance”N Lacy Street <br />2530 and 2534 <br />Westview House$1,514,11384 <br />Westminster Avenue <br />WISE Place Steps to <br />Independence Public $90,000N/AN/A <br />Service Program <br />Down Payment <br />$210,000N/AN/A <br />Assistance <br />TOTAL$2,379,384 86 <br />Affordable Housing Development Projects <br />There is one recently completed affordable housing project, two affordable housing <br />projects under construction, and four affordable housing projects in pre-development. <br />Below is a brief summary and status-update for each project. Exhibit 3 provides a <br />development timeline for each project. <br />Projects Completed <br />th <br /> La Placita Cinco – formerly Tiny Tim Plaza (2239 West 5 Street) <br />DeveloperCommunity Development Partners <br />New construction of an affordable multifamily apartment complex consisting <br />Descriptionof 50 units of rental housing serving very-low and extremely-low income <br /> families, and one (1) manager’s unit. <br />City / Authority <br />Inclusionary Housing ($1,300,000), Housing Successor Agency ($4,700,000) <br />Funds <br />The project is 100% complete, with only minimal close-out items remaining. <br />Update <br />All final inspections were signed, and the Certificate of Occupancy was <br /> <br />
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