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AGENDA PACKET_2021-09-07
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AGENDA PACKET_2021-09-07
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Community Development Agency <br />www.santa-ana.org/cd <br />Item # 15 <br />twor City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />September 7, 2021 <br />TOPIC: Quarterly Report for Housing Division Projects and Activities <br />AGENDA TITLE: <br />Quarterly Report for Housing Division Projects and Activities for the Period of April 2021 <br />— June 2021 <br />RECOMMENDED ACTION <br />Receive and file the Quarterly Report for Housing Division Projects and Activities for the <br />period of April 2021 — June 2021. <br />DISCUSSION <br />This report for the quarter ending on June 30, 2021 provides statistics for all of the <br />affordable housing projects and activities for the Housing Division. The report is divided <br />into four sections: Loan Activity, Loan Portfolio Management and Monitoring, Affordable <br />Housing Funds and Commitments, and Development Projects. <br />Loan Activity <br />Applications <br />The Housing Division offers several different programs, including: down payment <br />assistance for first-time homebuyers and rehabilitation loans for mobile homes, single- <br />family, multi -family, and historic homes. Inquiries are received from the public and <br />applications are mailed out, received, and approved for these programs on a continual <br />basis. Table 1 shows the number of inquiries, applications sent out, received, and <br />approved by type for the quarter and for the total fiscal year. <br />Table 1: ADDlications Sent Out. Received & ADDroved <br />Program <br />Inquiries <br />Applications <br />Sent Out <br />Applications <br />Received <br />Applications <br />Approved <br />Q4 <br />Total FY <br />Q4 <br />Total FY <br />Q4 <br />Total FY <br />Q4 <br />Total FY <br />Single -Family Rehabilitation <br />12 <br />48 <br />13 <br />45 <br />3 <br />4 <br />0 <br />0 <br />Mobile Home Rehabilitation <br />5 <br />19 <br />5 <br />18 <br />2 <br />3 <br />0 <br />0 <br />Multi -Family Rehabilitation <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />Historic Home Restoration <br />0 <br />1 <br />0 <br />1 <br />0 <br />0 <br />0 <br />0 <br />Homeownership / DPAP <br />16 <br />56 <br />16 <br />50 <br />8 <br />19 <br />5 <br />11 <br />Loan Subordinations <br />3 <br />20 <br />3 <br />20 <br />3 <br />20 <br />3 <br />20 <br />City Council 15 — 1 9/7/2021 <br />
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