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A B I C I D 8 Program Implementation Status pursuant to GC Section 65583 Housing Programs Progress Report Describe progress of all programs including local efforts to remove governmental constraints to the maintenance, improvement, and development of housing as identified in the housing element. 9 10 1 2 3 4 11 Name of Program Objective Timeframe in H.E Status of Program Implementation In CY 2023, the City did not have the opportunity to apply for additional funding to support the production of affordable housing for extremely low-income households. However, regarding other incentives, on July 19, 2023, the Orange County Housing Finance Trust ("OCHFT" or "Trust") approved the creation of an Affordable Accessory Dwelling Unit ("ADU") Loan Program. With a $4 million grant from CalOptima Health, the OCHFT launched an Affordable Accessory Apply for additional funding and Dwelling Unit Loan Program at the end of August. This innovative program is 22. Extremely Low -Income provide other incentives as feasible to p designed to provide low-cost loans to homeowners, enabling them to construct g p g Housing support the production of affordable Annually & Ongoing new ADUs on their primary residences. By leveraging the recent statewide housing for extremely low-income allowances for ADU construction, the OCHFT aims to expand access to income households. opportunities for homeowners while also providing much -needed affordable rentals exclusively for very low-income tenants with a priority on Section 8 voucher holders. As a result of the City of Santa Ana press releases and social media posts spearheaded by the Housing Division, the OCHFT reported that the most applications recieved for the grant program throughout the entire county 58 came from City of Santa Ana residents. The Consolidated Appropriations Act of 2023 appropriated $50 million for new incremental vouchers pursuant to a method, as determined by the U.S. C. Apply for opportunities to expand the Department of Housing and Urban Development ("HUD"), which included such 22. Extremely Low -Income number of housing choice vouchers factors as a severe cost burden, overcrowding, substandard housing for very Housing provided by the Housing Authority, and Annually & Ongoing g low income renters, homelessness, and administrative capacity. Following this set aside at least 75% of vouchers for formula allocation, on August 3, 2023, the Housing Authority was awarded 24 extremely low-income households. new vouchers. On September 22, 2023, the Housing Authority received an allocation of $410,445 in additional Foster Youth to Independence HAP funds to 59 ffi e-Q City Council 13 — 224 3/19/2024