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AGENDA PACKET_2021-09-07
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AGENDA PACKET_2021-09-07
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Quarterly Report for Housing Division Projects and Activities <br />September 7, 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 />Project <br />Inclusionary Housing <br /># of Units <br />Address <br />Funds SPENT <br />Santa Ana Arts <br />$4,775,000 <br />57 <br />1666 N Main Street <br />Collective <br />Tiny Tim Plaza <br />$1,300,000 <br />50 <br />2239 W 5th Street <br />The Link Interim <br />$4,140,295 <br />N/A <br />2320 S Red Hill <br />Emergency Shelter <br />Avenue <br />TOTAL <br />$10,215,295 <br />107 <br />Project <br />Inclusionary Housing <br /># of Units <br />Address <br />Funds COMMITTED <br />Habitat for Humanity <br />"Lacy <br />$565,271 <br />2 <br />416 Vance Street & 826 <br />& Vance" <br />N Lacy Street <br />Westview House <br />$1,514,113 <br />84 <br />2530 and 2534 <br />Westminster Avenue <br />WISE Place Steps to <br />Independence Public <br />$90,000 <br />N/A <br />N/A <br />Service Program <br />Down Payment <br />$210,000 <br />N/A <br />N/A <br />Assistance <br />TOTAL <br />$2,379,384 <br />86 <br />Affordable Housing Development Projects <br />There is one recently completed affordable housing project, tw <br />projects under construction, and four affordable housing projects <br />Below is a brief summary and status -update for each project. <br />development timeline for each project. <br />Projects Completed <br />La Placita Cinco — formerly Tiny Tim Plaza 2239 West 5th Street <br />o affordable housing <br />in pre -development. <br />Exhibit 3 provides a <br />Developer <br />Community Development Partners <br />New construction of an affordable multifamily apartment complex consisting <br />Description <br />of 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 />Update <br />The project is 100% complete, with only minimal close-out items remaining. <br />All final inspections were signed, and the Certificate of Occupancy was <br />City Council 15 — 4 9/7/2021 <br />
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