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Housing Division Quarterly Report <br />August 1, 2023 <br />Page 8 <br />Project <br />Inclusionary Housing <br /># of Units <br />Address <br />Funds COMMITTED <br />Habitat for Humanity <br />"Washington <br />$2,200,000 <br />6 <br />1921 W. Washington <br />Street" <br />Ave. <br />Down Payment <br />$1,250,000 <br />N/A <br />N/A <br />Assistance <br />TOTAL <br />$3,450,000 <br />6 <br />Affordable Housing Development Projects <br />There are six (6) affordable housing projects under construction and one (1) affordable <br />housing project in pre -development. During this quarter, Legacy Square completed its <br />construction and a final certificate of occupancy was issued. Below is a brief summary <br />and status -update for each project. Exhibit 2 provides a development timeline for each <br />project. The most recent RFP for Affordable Housing Development was issued on <br />December 8, 2021 and closed on February 28, 2022. WISEPlace Permanent <br />Supportive Housing and Habitat for Humanity of Orange County were awarded pre - <br />commitment letters. <br />Projects Completed during this Quarter <br />Legacy Square (609 North Spurgeon Street) <br />Developer <br />National Community Renaissance with Mercy House as the service provider <br />New construction of a 100% affordable multifamily apartment complex <br />Description <br />consisting of 92 units of rental housing and one (1) unit. All units <br />Omanager's <br />will be affordable to households earning less than 60 /o AMI of which 33 units <br />will be set -aside for permanent supportive housing. <br />Authority <br />Funds <br />Eight (8) Project -Based Vouchers (PBVs) <br />The final Certificate of Occupancy was issued on June 14, 2023. A Grand <br />Update <br />Opening Ceremony was held on June 21, 2023. The lease -up of units is <br />continuing. <br />Projects under Construction <br />Estrella Springs (1108 N. Harbor) (Formerly called North Harbor Village) <br />Developer <br />Jamboree Housing Corporation <br />Description <br />Acquisition and rehabilitation of a former motel yielding 89 units of permanent <br />supportive housing. <br />City / Authority <br />CDBG ($1,687,047); Eight -nine (89) PBVs consisting of 34 HUD-VASH PBVs <br />Funds <br />and 55 regular PBVs. <br />During this quarter, the project name was officially changed to Estrella <br />Springs. Construction is currently underway. Recent activities include <br />Update <br />insulation, drywall, and interior work in Building C. Changes in the MEP, <br />structural, and building have triggered plan check revisions that have <br />taken some time to complete. Plan resubmittals have also required <br />City Council 9-8 8/1/2023 <br />