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Homeownership Super NOFA (HOSN), CalHome, Round 2, Conditional Award Commitment <br />City of Santa Ana – MA in Santa Ana <br />Contract No. 25-CALHOME-18740 <br />October 16, 2025 <br />Page 2 <br /> <br /> <br />I. Applicant Representations – Basis of Conditional Award <br /> <br />In response to the above-mentioned NOFA, the Awardee(s) submitted an application for <br />grant funding of the Project (that application, and all communications and documentation <br />submitted to the Department in support thereof, the “Application”). <br /> <br />The Department is making this Conditional Award to the Awardee(s) on the basis of, and <br />in reliance upon, the representations, warranties, projections, and descriptions that the <br />Awardee(s) submitted as part of the Application (the “Applicant Representations”). <br /> <br />The Department may rescind this Conditional Award if the Department discovers, at any <br />time prior to disbursement of the Conditional Award, that the Applicant Representations <br />included material misrepresentations or omissions, regardless of whether or not such <br />misrepresentations or omissions were innocent, unintentional, and/or based upon belief. <br /> <br />II. Terms and Conditions of Conditional Award <br /> <br />TIME IS OF THE ESSENCE IN THE SATISFACTION OF THESE TERMS AND <br />CONDITIONS OF CONDITIONAL AWARD. <br /> <br />The Department may rescind this Conditional Award if any of the terms and conditions <br />enumerated in this Section II (the “Terms and Conditions of Conditional Award”) are <br />not timely satisfied. The Terms and Conditions of this Conditional Award and their <br />corresponding timelines are described below. <br /> <br />If the Terms and Conditions of this Conditional Award are timely satisfied, the <br />Department will (i) promptly provide a written notification to the Awardee(s) via <br />electronic mail; and (ii) circulate an executed copy of an STD 213, Standard Agreement, <br />for all appropriate signatures and approvals in accordance with the timeline specified in <br />Section III of this Conditional Award Commitment. <br /> <br />All timelines shall be calculated in calendar days. Any deadline falling on a weekend or <br />State of California holiday shall be extended to the next business day. <br /> <br />A. Timely Execution of Acceptance of Terms and Conditions of Conditional <br />Award Form <br /> <br />The Awardee(s) shall execute and deliver a copy of the enclosed Acceptance of <br />Terms and Conditions of Conditional Award to the Department within ten (10) <br />calendar days of the date of this Conditional Award Commitment. The Department <br />will deem this condition to be unsatisfied if it receives an executed Acceptance of <br />Terms and Conditions of Conditional Award that has been substantively modified, <br />altered, or amended in any way. The signed Acceptance of Terms and Conditions of <br />Conditional Award form must be submitted to HOSN@hcd.ca.gov. <br /> <br /> SupersededEXHIBIT 1