NORTH BROADWAY HOUSING PARTNERS LP

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FXHlbIT WISEPlace PSH Project Description Overview North Broadway Housing Partners LP The proposed project, WISEPlace PSH (the "Project") will be located at 1411 N. Broadway, Santa Ana, CA 92706 (the "Property"). The 0.6 acre site includes one (1) parcel. The current APN associated with the Project is APN 398-523-04. The Project will be a 48-unit community, with 47 permanent supportive housing units, of which 47 are for individuals experiencing homelessness and 14 are for individuals living with a mental illness. The Project will be constructed on the existing WISEPlace site. The East-West portion of the development is an adaptive reuse of the existing WISEPIace building, with one story facing Broadway. The North -South portion of the existing building facing Sycamore will be demolished. The site has a wide array of amenities close by including a grocery store, health clinic, bus stop, park, and a public library. The site is in the Midtown Specific Plan Area, in a neighborhood with a variety of uses. The area around the site is mostly commercial with new live/work townhomes being constructed across Broadway. Ownership and Conveyance of Land The development team includes Jamboree Housing Corporation ("Jamboree") and WISEPIace. The Developer will be Jamboree and WISEPIace will be the service provider. Jamboree and WISEPlace have structured the acquisition as a long-term ground lease, with a de minimis $1 per year annual ground lease payment for a term of 75 years. WISEPlace will be the ground lessor. North Broadway Housing Partners LP, which includes WISEPlace and Jamboree, will be the ground lessee. Design Description The Project is a 48-unit community, with 47 permanent supportive housing units, of which 47 are for individuals experiencing homelessness and one (1) unit as a manager's unit. Of the 47 permanent supportive housing units, fourteen (14) will be set aside for Mental Health Services Act ("MHSA") tenants for individuals living with a mental illness. The Project is an adaptive reuse of the existing one-story structure and the new construction of a four-story Type V over Type I podium. A four-story new construction building will include 42 units and communal amenity spaces and an elevator. The existing one story structure will include six (6) units. The PSH Project site will include approximately 20 parking stalls in a gated podium parking garage.