031504 RESO Prelim Rprt Rec-File Plan Amend Merger SA Redvlp Proj

Home Browse Search

Inter -City Redevelopment Project Regional Transportation Center 4th Street Improvements Bristol Redevelopment Project Digital Media Center Bristol Street Widening To facilitate rehabilitation of the older commercial buildings many of which are essential to the historic character of the downtown and to promote new commercial development the Agency has in the past teamed with the Santa Ana Economic Development Corporation (which has evolved into the Southland Economic Development Corporation) to providing funding for the Commercial Rehabilitation Loan Program and the Storefront Improvement Program. Through the loan programs, the Agency has estimated funding 157 new construction projects and 142 rehabilitation projects. The Agency also administers the States' Enterprise Zone program that assists businesses in securing sales, use and hiring tax credits. Through the Enterprise Zone 17,100 jobs have been "vouchered" for Santa Ana businesses. The Agency has also funded the reuse of vacant and underutilized historic structures to benefit the City's Arts Corridor which extends from the Artists Village in the downtown to Discovery Science Center on north Main at the 1 -5 Freeway. The Agency helped to fund the renovation and expansion of the Bowers Museum and Cultural Art and acquired the facility for the Kidseum. Among other cultural sport activities, the Agency assisted in the acquisition of a site for the new home of the St. Joseph Ballet, a non - profit organization designed to help under privileged youth. Redevelopment has contributed substantially to improving the infrastructure within the Project Areas. Redevelopment funded the Salgado Community Center and numerous street improvements throughout the neighborhoods. Preliminary Report for the Merger of the n MIMIT Z Keyser Marston Associates, Inc. Santa Ana Redevelopment Projects Page 11 PA0402006.SNTA:CK:Obd 19090.003003102127104 79