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Monthly Report for Housing Division <br />Projects and Activities - March 2006 <br />May 1, 2006 <br />Page 3 <br />have been paid off during the fiscal <br />generated $913,099 in program income <br />beginning of the fiscal year. Staff has <br />05 loan files. This included all Single <br />FY 04-05. <br />Compliance Monitoring <br />year. The loan portfolio has <br />from loan repayments since the <br />completed an audit of all FY 04 - <br />Family Rehab loans completed in <br />Over the years, the City and Agency have received funds from various <br />State and Federal programs. These funds each have specific restrictions <br />and requirements. The Division is responsible for ensuring that the <br />projects are in compliance with these requirements, and that the units <br />meet the City's municipal code as it relates to public health and safety <br />requirements. Monitoring includes case file review, unit inspections, <br />non-profit certifications and onsite auditing. As of the end of January, <br />the Division was responsible for monitoring 1,197 units. <br />Development Projects/Multi-Family Rehabilitation <br />Birch Street <br />On January 3, 2006, the Redevelopment Agency awarded a contract for the <br />construction of four California Bungalow style single-family homes in the <br />Historic Heninger Park Neighborhood. After working diligently with the <br />selected contractor, he was unable to obtain the necessary performance <br />bond. On April 3, 2006, staff re -opened the bid process. The bid <br />notices were mailed to 68 developers and contractors. In addition, the <br />entire bid package is available on the City's web site. The <br />advertisement will be published four times in both the Orange County <br />Register and Los Angeles Times. The bid closes on June 2, 2006. <br />McFadden Infill Site (between Maple and Oranqe Streets) <br />Currently staff is working with an architect to develop conceptual plans, <br />which will be taken to the neighborhood by May. Staff anticipates <br />distributing a Request for Qualifications to select a developer by <br />August. <br />Raitt Street Infill Site <br />Staff is negotiating with Civic Center Barrio Housing Corporation to <br />develop attached homes on the site. It is anticipated that these homes <br />will be sold to low-income families. The number of units that will be <br />