HomeMy WebLinkAbout19C - QRTLY RPT HOUSINGREQUEST FOR COUNCIL ACTION pl_
CITY COUNCIL MEETING DATE:
NOVEMBER 19, 2019
TITLE:
RECEIVE AND FILE QUARTERLY REPORT
FOR HOUSING DIVISION PROJECTS AND
ACTIVITIES JULY— SEPTEMBER 2019
{STRATEGIC PLAN NO. 5, 3C}
CLERK OF COUNCIL USE ONLY:
APPROVED
❑ As Recommended
❑ As Amended
❑ Ordinance on 181 Reading
❑ Ordinance on god Reading
❑ Implementing Resolution
❑ Set Public Hearing For
CONTINUED TO
/s/ Kristine Ridge FILE NUMBER
CITY MANAGER
RECOMMENDED ACTION
Receive and file the Quarterly Report for Housing Division Projects and Activities for the period of
July 2019 — September 2019.
COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION ACTION
At its regular meeting on October 23, 2019, by a vote of 6:0 (Garcia absent) the Community
Redevelopment and Housing Commission approved the recommended action.
DISCUSSION
This report for the quarter ending on September 30, 2019 provides statistics for all of the
affordable housing projects and activities for the Housing Division. The report is divided into four
sections: Loan Activity, Loan Portfolio Management and Monitoring, Affordable Housing Funds
and Commitments, and Development Projects.
Loan Activity
Applications
The Housing Division offers several different programs including down payment assistance for
first-time homebuyers and rehabilitation loans for mobile homes, single-family, multi -family, and
historic homes. Inquiries are received from the public and applications are accepted for these
programs on a continual basis. Table 1 shows the number of inquiries, applications sent out,
received and approved by type for the quarter and for the total fiscal year.
Quarterly Report for Housing Division
November 19, 2019
Page 2
Table 1: Applications Sent Out, Received & Approved
Program
Inquiries
Applications
Sent Out
Applications
Received
Applications
Approved
Q1
Q1
Q1
Q1
Single -Family Rehabilitation
16
16
2
0
Mobile Home Rehabilitation
5
0
1
0
Multi -Family Rehabilitation
0
0
0
0
Historic Home Restoration
0
0
0
0
Homeownership / DPAP
80
75
2
0
The number of applications received is typically lower than the number of applications sent out in
any given period due to the stringent program guidelines for eligibility regulated by the federal
government. The Residential Construction Specialist position has been filled and applications for
the Single -Family and Mobile Home Rehabilitation Program are being processed. In addition to
the three new applications, ten single-family and three mobile -home applications that were
previously on hold are now active. In total, there are sixteen applications in process for
rehabilitation of single-family and mobile homes.
Rehabilitation Loan Underwriting and Approval Progress
During this quarter, zero (0) home rehabilitation loans were funded due to the program previously
being on hold.
Rehabilitation Program Construction Progress
During this phase, homeowners receiving rehabilitation loans are guided through an open
selection of contractors to complete the work on their homes. Each homeowner is given a list of
contractors that have been screened by staff for license and insurance requirements. However,
homeowners are allowed to select any contractor that meets these same requirements. Staff
assists the homeowners with the evaluation of bids and selection of a contractor. Staff also
monitors the construction work, approves payments to contractors, and tracks expenditures to
ensure compliance with the loan agreement and program guidelines. During this quarter, the
rehabilitation of two (2) single-family homes and two (2) mobile homes was completed.
Down Payment Assistance Loan Program Progress
For the Down Payment Assistance Loan Program, staff evaluates applicant eligibility and
oversees underwriting to ensure compliance with program guidelines and requirements
established by the U.S. Department of Housing and Urban Development (HUD). Applicants must
meet established income requirements, complete an eight -hour pre -purchase counseling program
from a HUD -approved housing counseling agency, be pre -qualified for a first mortgage and have
a minimum of three percent of the purchase price from their own savings. On March 6, 2018, City
Council approved an update to the Down Payment Assistance Loan Program increasing the loan
amount to $80,000 for low-income households and approving the use of the Inclusionary Housing
Fund to offer down payment assistance of up to $40,000 for moderate -income households. The
updated program requires the buyer must be a current resident of Santa Ana and/or work in
Santa Ana at least 32 hours per week (except U.S Military Veterans). Additionally, the property
Quarterly Report for Housing Division
November 19, 2019
Page 3
needs to be in good condition and pass an inspection. During this quarter, staff conducted one (1)
down payment assistance workshop in which a total of 40 people attended. The City of Santa
Ana participated in the NeighborWorks Homebuyer Fair and Lender Panel in August in which 73
participants attended. In addition, two (2) inclusionary housing purchase applications at City
Ventures were received and are still undergoing review.
Loan Portfolio Management & Monitoring
The Housing Division is responsible for managing the residential loan portfolio which includes all
of the loans entered into by the City and Housing Authority acting as the Housing Successor
Agency. As of the end of this quarter, the principal balance was $135,269,148. This is comprised
of 390 loans of which 367 are deferred or residual receipt payment loans. As shown in Table 2,
the loan portfolio generated $2,130,052 in payments of principal and interest during this quarter.
The large increase in payments reflects the payoff of multiple loans which was required for the
refinance and resyndication of senior debt for the purpose of rehabilitating 126 units in the
Cornerstone Apartments project. This project is discussed in further detail in the section 'Projects
Under Development'.
Table 2: Portfolio Revenue
Funding Source
HOME
CDBG
Redevelopment
NSP
CaIHOME
Loan Payoffs
$93,032
$0
$1,853,430
$10,256
$0
Residual Receipts Payments
$76,092
$0
$74,650
$0
$0
Amortized Loan Payments
$5,859
$5,843
$10,890
$0
$0
Total For Q1
$174,983
$5,843
$1,938,970
$10,256
$0
Monitoring
As part of the requirements for these funds, staff must monitor the owner -occupancy of single-
family homes that have received loans, and the building code compliance of units in rental
projects with long-term affordability covenants. During this quarter, 44 owner -occupancy
recertification letters were mailed and 20 were returned and processed.
Staff also conducted building code compliance inspections for 211 units on fourteen (14)
properties which represents a sampling of 20% of the total units in the properties. Regulations
require that only a sample of units be selected for inspection. Staff also inspects the grounds and
common areas such as laundry rooms to ensure they also meet municipal code requirements.
The grounds, common areas and all of the inspected units were found to be in compliance at the
time of initial inspection. All forty-eight (48) units in a fifteenth property were inspected for
compliance. All of the interiors were found to be in compliance. The common areas and
exteriors are pending correction of compliance issues and re -inspections are ongoing.
Available Funds and Land Assets for Affordable Housing Development Projects
The City of Santa Ana and the Housing Authority acting as the Housing Successor Agency
manages multiple sources of local, state and federal funds to promote and facilitate the
Quarterly Report for Housing Division
November 19, 2019
Page 4
development of affordable housing as well as land assets held by the Housing Authority. Exhibit
1 provides a summary of the funds available. Exhibit 2 provides a summary of available land
assets.
Housing Opportunity Ordinance
On -Site Development:
Since 2011, a total of 33 units have been developed on -site as a result of the Ordinance,
including 23 ownership units for -sale and 10 rental units:
Units Built On -Site
Ownership
Rental
TOTAL
23
10
33
In -Lieu Fees Generated. -
All in -lieu fees, penalties and other monies collected pursuant to the Housing Opportunity
Ordinance, including interest, are deposited into the Inclusionary Housing Fund. Since inception,
the Inclusionary Housing Fund has generated $17,872,871 to be used for the development of
housing affordable to low- and moderate -income households, with a reasonable amount spent on
administrative or related expenses associated with the administration of the Housing Opportunity
Ordinance. These fees were generated from a total of 12 projects that opted to pay the in -lieu fee
instead of building units on -site. If those 12 projects had instead built the inclusionary housing
units on -site, a total of 409 affordable housing units would have been created. By comparison,
there were 2,702 market -rate units produced or are under construction.
Affordable Housing Units under Construction / Pre -Development with In -Lieu Fees:
A total of 203 units are under construction / pre -development with an investment of in -lieu fees
generated. This includes a $4,775,000 loan of in -lieu fees to develop 57 units of affordable
housing at the Santa Ana Arts Collective; a $1.3 million loan of in -lieu fees to develop 51 units of
affordable housing at the Tiny Tim Plaza project; a pre -loan commitment of $3,170,547 to
develop 93 units of affordable housing at the Legacy Square project; and a commitment of
$231,494 to develop two affordable homeownership units by Habitat for Humanity at 416 Vance
Street and 826 N. Lacy Street.
Units Under Construction / Pre -Development with In -Lieu Fees
Project
# of Units
Santa Ana Arts Collective
57
Legacy Square
93
Tiny Tim Plaza
51
416 Vance Street & 826 N. Lacy Street
2
TOTAL
203
Quarterly Report for Housing Division
November 19, 2019
Page 5
In addition, $3,131,700 of in -lieu fees was provided by City Council on September 14, 2018 to
create 200 emergency shelter beds at the Link interim emergency shelter.
This report reflects the status of funds and projects for the period ending September 30, 2019.
Request for Proposals — RFP #19-063 for Affordable Housing Development
The City of Santa Ana and the Housing Authority of the City of Santa Ana issued a new Request
for Proposals (RFP # 19-063) on July 8, 2019 for the development of affordable housing in the
City. Proposed developments may be for acquisition and/or rehabilitation of eligible properties for
rental or transitional housing; acquisition and conversion of non-residential property to multifamily
rental units; and/or new construction of housing units for rental housing. One land asset owned by
the Housing Authority of the City of Santa Ana is also available for development under the RFP.
Additional information regarding the RFP is available on the City of Santa Ana's website and
PlanetBids. The first round of proposals were turned in on October 15, 2019. Staff will now be
forming a Review Panel to review the proposals under the City's Affordable Housing Funds
Policies and Procedures.
PROJECTS UNDER DEVELOPMENT
There are five (5) affordable housing developments under construction and five (5) affordable
housing projects in pre -development. An existing affordable housing development (Cornerstone
Apartments) is also being rehabilitated. Below are brief summaries for the ten (10) projects under
construction / pre -development and the eleventh project under rehabilitation. Exhibit 3 provides a
development timeline for the larger development projects.
Projects under Construction
First Street Apartments (1440 E. First Street)
• Developer: AMCAL Multi -Housing, LLC.
• Description: Demolition and new construction of an affordable multifamily apartment
complex consisting of 68 units of rental housing serving very -low and
extremely -low income families, and 1 manager's unit.
• City Funds: Housing Successor Agency ($8,522,740)
• Update: Construction was completed in September and Property Management has
began the leasing process. City staff audited the waiting list to verify
implementation of the local preference for Santa Ana residents prior to
conducting a lotterized drawing. Move -ins were scheduled throughout the
end of October 2019. A grand opening event will not be held.
Santa Ana Arts Collective (1666 N. Main Street)
• Developer: Meta Housing Corporation
• Description: Acquisition, adaptive reuse and new construction project comprised of 57
affordable rental units designated for professional artists of all disciplines,
and 1 manager's unit. Permanent supportive housing for 15 units will be
funded by MHSA/SNHP funds from the County of Orange.
Quarterly Report for Housing Division
November 19, 2019
Page 6
• City Funds: Inclusionary Housing ($4,775,000), HOME Investment Partnership Program
(HOME) ($2,627,631), Community Development Block Grant (CDBG)
($500,000)
• Update: The contractor is completing plumbing, mechanical, electrical installation and
drywall. Windows, doors and cabinets are being installed. Construction is
73% complete and anticipated to be complete at the end of December 2019
with occupancy expected in January 2020. The marketing timeline has been
adjusted accordingly since tenant eligibility documentation must be dated
within 120 days of occupancy. The educational sessions to inform artists on
how to apply for housing were held on Saturday, July 27th and an additional
two sessions were held on Monday, August 5th with application submittals
due in September. A total of 171 pre -qualifying applications were received.
Due to the low number of 3-bedroom applications received and the
anticipated absorption rate, the application period was re -opened with
additional outreach to local Santa Ana artists to maximize the number of
applications from artists. City staff is in the process of auditing the waiting
list for compliance with the local Santa Ana preference. Applicant interviews
will begin at the end of October.
Santa Ana Veterans Village (3312 W. First Street)
• Developer: Jamboree Housing Corporation
• Description: New construction of an affordable multifamily apartment complex consisting
of 75 units of permanent supportive housing with wrap -around supportive
services for HUD -Veterans Affairs Supportive Housing (VASH) eligible
homeless veterans and 1 manager's unit.
• City Funds: Seventy-five (75) HUD-VASH Project -Based Vouchers, HOME-CHDO
($477,345.90)
• Update: Framing is complete, and installation of windows, window flashing and tubs is
in process. Solar supports on the roof are in place; roof sheathing and
crickets are to be completed; and scaffolding is being set up. Electrical and
low voltage are being run through the project. The project is approximately
41% complete and remains on schedule. The estimated completion date is
February 2020.
Aqua Housing (317 E. 17th Street)
• Developer: Community Development Partners with Mercy House as the service provider
• Description: Acquisition, demolition and new construction of a former motel yielding 56
units of affordable permanent supportive housing with wrap -around
supportive services for chronically homeless individuals and 1 manager's
unit. 28 of the 56 units will be funded by MHSA/SNHP funds from the County
of Orange.
• City Funds: Fifty-six (56) Project -Based Vouchers (PBVs)
• Update: The developer closed on their financing in April and a ground -breaking
ceremony was held on July 22, 2019. The contractor has commenced and
completed the demolition of the existing motel building, site grading and
pouring of perimeter wall footings and started the concrete slab foundations.
Quarterly Report for Housing Division
November 19, 2019
Page 7
Tiny Tim Plaza (2239 West 51h Street
• Developer: Community Development Partners
• Description: New construction of an affordable multifamily apartment complex consisting
of 50 units of rental housing serving very -low and extremely -low income
families, and 1 manager's unit.
• City Funds: Inclusionary Housing ($1,300,000), Housing Successor Agency ($4,700,000)
• Update: A ground -breaking ceremony was held on July 24, 2019. The contractor
has completed the demolition of the existing buildings and site
preparations, and is currently completing footings and foundations for the
building, to be followed by construction of the podium deck.
Projects in Pre -Development
Crossroads at Washington (1126 and 1146 E. Washington Avenue)
• Developer: Related Companies of California with A Community of Friends (ACOF) as the
service provider
• Description: New construction of a 100% affordable multifamily apartment complex
consisting of 85 units of rental housing and 1 manager's unit. All units will be
affordable to households earning less than 30% AMI of which 43 units will be
set -aside for permanent supportive housing.
• City Funds: HOME Investment Partnerships Program ($3,007,489), Neighborhood
Stabilization Program ($963,951), sixty-two (62) year ground lease
agreement for 1126 and 1146 E. Washington Avenue (Appraised Value as of
Oct. 25, 2018: $3,080,000)
• Update: The developer has submitted site plans for review. The City and County are
in the process of preparing the master ground lease, option for ground lease,
joint powers agreement (JPA) and quitclaims associated with the JPA.
FX Residences. formerly Francis Xavier (801. 809. 809 % East Santa Ana Boulevard
• Developer: HomeAid Orange County, Inc. with Mercy House as the service provider
• Description: New construction of an affordable multifamily apartment complex consisting
of 16 units of permanent supportive housing, and 1 manager's unit.
• City Funds: Housing Successor Agency ($1,069,947), three (3) HUD-VASH PBVs, 99-
year ground lease agreement for 801 E. Santa Ana Blvd. (Appraised Value
as of Oct 25, 2018: $788,000)
• Update: The developer submitted their development application to the City on
September 191h for site plan review. Public outreach was then conducted
leading up to the Sunshine Ordinance Meeting on October 8th, 2019. The
developer has also submitted their application to the County for the Special
Needs Housing Program (SNHP) funding. The project is being renamed
from Francis Xavier to FX Residences.
Habitat for Humanity (416 Vance Street & 826 N. Lacy Street)
• Developer: Habitat for Humanity of Orange County
• Description: New construction of two single-family detached homes for homeownership
serving households up to 120% AMI.
Quarterly Report for Housing Division
November 19, 2019
Page 8
• City Funds: Inclusionary Housing ($231,494) and 99-year ground lease agreement for
416 Vance Street and 826 N. Lacy Street (Appraised Value as of Oct 25,
2018: $578,000)
• Update: The developer is moving forward with the original proposal to provide two
single-family detached homes on the site and is working on their site plans.
Leoacv Square, formerly Santa Ana United Methodist Church (609 North Spurgeon Street)
• Developer: National Community Renaissance with Mercy House as the service provider
• Description: New construction of a 100% affordable multifamily apartment complex
consisting of 92 units of rental housing and 1 manager's unit. All units will be
affordable to households earning less than 60% AMI of which 33 units will be
set -aside for permanent supportive housing.
• City Funds: Inclusionary Housing ($3,170,547) and eight (8) HUD-VASH PBVs
• Update: AHSC funding awards were announced on June 21st and the developer did
not receive an AHSC grant due to extraordinary competition. Developer is
pursuing an alternative financing scenario by applying for Multifamily Housing
Program (MHP) funds on August 20. Developer was awarded a total of
$6,013,134 for 16 No Place Like Home (NPLH) units - $3,135,262 for capital
and $2,887,872 for the capitalized operating subsidy reserve. NPLH funding
will provide additional leverage for a competitive MHP application.
North Harbor Village (1108 N. Harbor)
• Developer: Jamboree Housing Corporation
• Description: New construction of a 100% affordable multifamily apartment complex
consisting of 89 permanent supportive housing studio units for homeless
veterans.
• City Funds: Eight -nine (89) HUD-VASH PBVs and CDBG ($1,687,047)
• Update: The project received an Affordable Housing Program award of $890,000 from
the Federal Home Loan Bank of San Francisco on June 26. The project
submitted for the Multifamily Housing Program (MHP) on August 20 and is
waiting for the award determination. If awarded, developer will apply for 4%
tax credits in early 2020. Alternatively, developer is analyzing the No Place
Like Home (NPLH) or Veterans Housing and Homelessness Prevention
(VHHP) Program funds which are due in January 2020, in combination with
4% or 9% tax credits later in 2020.
Existing Projects under Rehabilitation
Cornerstone Apartments (805. 810. 815. 816. 825. 835 and 904 S. Minnie Street
• Developer: Jamboree Housing
• Description: Rehabilitation of a 126-unit affordable housing project originally built in 1961.
• City Funds: HOME Investment Partnerships Program ($5,128,152) and Housing
Successor Agency ($2,054,327) in existing affordable housing loans
Quarterly Report for Housing Division
November 19, 2019
Page 9
• Update: Ten (10) existing HOME Program loans and thirty-three (33) existing Housing
Successor Agency loans were consolidated into two (2) Amended and
Restated Loan Agreements in order to enable the project to re -syndicate and
resubordinate existing affordable housing loans to a new senior loan.
Renovations have been started and are anticipated to be completed in May
2020.
STRATEGIC PLAN ALIGNMENT
The activities covered by this report allow the City to meet Goal # 5 - Community Health,
Livability, Engagement & Sustainability, Objective # 3 (Facilitate diverse housing opportunities
and support efforts to preserve and improve the livability of Santa Ana neighborhoods).
FISCAL IMPACT
There is no fiscal impact associated with this action.
Steven A. Mendoza
Executive Director
Community Development Agency
Exhibits: 1. Available Funds for Affordable Housing Development Projects
2. Available Land Assets for Affordable Housing Development
3. Project Timelines
Exhibit 1
Available Funds for Affordable Housing Development Projects
As of September 30, 2019
Housing Successor Agency (Housing Authority)
$1,639,104 Cash on Hand
($85,227) First Street Apartments Loan
($125,031) First Street Apartments Project Costs
($1,069,947) Frances Xavier Residence Project Pre -Commitment Loan Z
($250,000) Administrative Costs Allowance s
$108,899 Available Funds
Inclusionary Housing Funds
$7,962,879 Cash on Hand
($240,958) Santa Ana Arts Collective Project Costs 4
($320,000) Down Payment Assistance Program s
($206,381) Interim Emergency Homeless Shelter Agreement o
($3,170,547) Legacy Square Project Pre -Commitment Loan 7
($231,494) Lacy Street Project Pre -Commitment Loan o
($58,983) Tiny Tim Plaza Project Costs o
($465,786) Administrative Costs Allowance (CDA/PBA)
$3,268,729 Available Funds 10
HOME Program
$4,840,172 Funds to Drawdown
($3,007,489) Crossroads at Washington Pre -Commitment Loan "
$1,832,683 Available Funds to Drawdown
CDBG Program (Acquisition/Rehabilitation Projects Only)
$2,546,897 Funds to Drawdown
($1,687,047) North Harbor Village Project Pre -Commitment Loan o
$859,850 Available Funds to Drawdown
NSP Program (Abandoned, Foreclosed or Vacant Properties Only)
$1,314,726 Funds to Drawdown
($963,951) Crossroads at Washington Pre -Commitment Loan "
($322,281) Administrative Costs Allowance
$28,494 Available Funds to Drawdown
Rental Rehabilitation Grant Program
$384,432 Cash on Hand 12
$384,432 Available Funds
$6,483,086 Total Available Funds
Approved by Housing Authority on January 16, 2013. 90% of loan paid on March 13, 2013, 10% remaining to be paid upon completion of construction.
x Approved by Housing Authority on Jan uary 15,2019.
' The Housing Successor Agency relies on available ash to fund the monitoring and compliance functions related to the former Redevelopment Agency's housing loans.
c Project costs only ;$48M In loans approved by Cry Council paid on July 26,2017.
$400,000 originally approved by City Council on March 6, 2018 Two loans paid through end of March 2019
e Approved by City Council on September 13,2018 Agreementwith Mercy House Living Centers Inc Only first year commitment reflected here.
Approved by City Council/Housing Authority on January 15, 2019.
e Approved by City Council/Housing Authority on March 5, 2019.
e Project costs only ;$6 OM In loans approved by Cry Council/Housing Authority and paid on May 2,2019.
'0 $2,423,300 ofthis amount may be needed for the second year commitment of the LINK Shelter, if other anticipated revenue sources are not available.
Approved by City Council on July 2, 2019.
12Old program Income available after close out of program with HUD
i0a:110-11 a
EXHIBIT 2
AVAILABLE LAND ASSETS FOR AFFORDABLE HOUSING DEVELOPMENT
(1) 302 E.
a.
b.
C.
d.
e.
f.
Twenty -Second Street
APN: 003-122-25
Lot Size: 27,817sf
Current Zoning: R1 Single -Family Reside
Parcel was acquired 10/30/2002 using Lo
Fund - 20% Set Aside.
nce, which allows one house per lot.
wand Moderate Income Housing Asset
Previous Use: Purchased from Cal Trans. It was a remnant parcel from the freeway
widening project. The site was vacant and undeveloped at the time it was acquired.
General Plan: Low Density Residential, which allows single-family residences and
ancillary uses.
g. Maximum du/ac: Seven units per acre.
h. Site Condition / Environmental Conditions: Property is irregular in shape, is below
the minimum lot size for a residential lot, and will most likely require the approval of
several variances from the zoning code in order to facilitate a residential unit.
Current Affordable Housing Development Project Timelines
Projects under Construction
First Street Apartments -1440 E. First St
Oct-15
Developer Submitted Request for Funds to CDA
Apr-16
Planning Entitlements Approved
Jun-17
Awarded Successor Agency Funds
Jun-17
Relocation Plan Approved
Sep-17
9% Low-income Housing Tax Credits Awarded
Jan-18
Final Housing Authority Loan Approved
Mar-18
Close of Escrow
Mar-18
Construction Initiated
Sept-19
Construction Completion
Oct-19
Occupancy
Santa Ana Arts Collective - 1666 N. Main St
Jun-15
RFP Issued
Nov-15
Approved HOME/CDBG Funds
Mar-16
Submitted Application forAHSC (Cap & Trade Funds)
Sep-16
Awarded AHSC (Cap & Trade) Funds
Nov-16
9% Low -Income Housing Tax Credits Awarded
Dec-16
Relocation Plan Approved
Jul-17
Final Loan Approved/ Close of Escrow
Jul-17
Planning Entitlements Approved
Jul-17
Building Permits Pulled/Construction Initiated
Apr-19
Anticipated Construction Completion
Oct-19
Dec-19
Revised Project Completion Date * (Foundation/Building Seismic Adjustments)
Revised Project Completion Date
Santa Ana Veterans Village - 3312 W. First St
Dec-16
RFP Issued for PBVs
Apr-17
Approved HUD VASH PBVs
Jun-17
Awarded HOME CHDO Funds
Jun-17
Planning Entitlements Approved
Jan-18
Awarded County Special Needs Housing Funds
Feb-18
Submittal of 9% Low -Income Housing Tax Credit Application
Jun-18
Award of 9% Low -Income Housing Tax Credits
Dec-18
Close of Escrow
Feb-19
Construction Initiated
Feb-20
Anticipated Construction Completion
Page 1 of 5
Aqua Housing - 317 E. 17th St
Dec-16
RFP Issued for PBVs
Apr-17
Approved PBVs
Jun-17
Planning Entitlements Approved
Jun-17
Approved Additional PBVs
Jan-18
Awarded County Special Needs Housing Funds
Jan-18
Submitted Application for HCD Infill Infrastructure Funds
Jun-18
Award of HCD Infill Infrastructure Funds
Aug-18
Submittal of 4% Low -Income Housing Tax Credit Application
Oct-18
Allocation of4%Low-income Housing Tax Credits
Apr-19
Close of Escrow
June-19
Construction Initiated
Tiny Tim Plaza - 2223 W. Sth St
Dec-16
Developer Submitted Request for Funds to CDA
Jun-17
Awarded City and Housing Successor Agency Funds
Jan-18
Planning Entitlements Approved
Jul-18
Submittal of 9% Low -Income Housing Tax Credit Application
Oct-18
Award of 9% Low -Income Housing Tax Credits
May-19
Anticipated Close of Escrow
June-19
Anticipated Construction Initiated
Projects in Pre -Development
Aug-19
The Crossroads at Washington
Submitted PSH Application to County
Oct-19
Submitted for Planning Entitlements
Oct-19
Community Meeting
Nov-19
Approval of Joint Powers Agreement, Option to Ground Lease, Voucher Resolution
and Cooperation Agreement, Regional Housing Needs Assessment (RHNA)
Agreement, and Density Bonus
Dec-19
PSH Funds and Voucher Approval from County Board of Supervisors
Dec-19
NEPA EA City Approval —City of Santa Ana Submits NEPA EA to HUD
Feb-20
Planning Entitlements Approved
Mar-20
TCAC 9% Application —1s` Round 2020
May-20
Assuming a 1s` Round 2020 TCAC 9% Award Allocation, start Design Development
Drawings
Jun-20
TCAC 9% Award Allocation
Jul-20
Submit for 1" Plan Check
Page 2 of 5
Dec-20
City Issues Permit Ready Letter
Dec-20
Construction Loan Closing
Dec-20
Start of Construction
Feb-22
Construction Complete
Jun-22
Full Occupancy
North Harbor Village Permanent Supportive Housing (Formerly Budget Inn)
Mar-19
Start of Design Development
Mar-19
Applied to FHLBSF for AHP Financing ($830,000)
Mar-19
Award of VASH Vouchers & City Loan by City Council (89 Vouchers and $1,687,047)
Mar-19
Start Environmental Approval Process with City of Santa Ana (CEQA/NEPA)
Mar-19
Applied for Home Depot Grant ($500,000)
Apr-19
First Submittal for Architectural Review
May-19
Community Meeting
Jun-19
Apply to HCD for MHP Funding (Amount TBD)
Jun-19
Arch. Review Comments Received from City
Jun-19
CEQA/NEPA Approval — City of Santa Ana
Jun-19
Receive AHAP Contract
Jun-19
AHP Award Date
Jul-19
Resubmit Plans for 2nd Architectural Review
Jul-19
TCAC Application — 2nd Round 2019
Jul-19
Apply for OCCF Financing (If Necessary)
Jul-19
Receive Ministerial Approvals for Design
Aug-19
Home Depot Grant Award Date
Sep-19
OCCF Award (TBD — If Necessary)
Sep-19
TCAC Allocation
Sep-19
Start Construction Documents for Rehab
Sep-19
Submit First Plan Check
Dec-19
Receipt of First Plan Check Comments
Dec-19
Submit Second Plan Check
Jan-20
Receipt of Second Plan Check Comments
Jan-20
Submit Third Plan Check
Feb-20
Receipt of Permit Ready
Feb-20
Construction Loan Closing
Feb-20
Start of Construction
Feb-20
Construction Complete
Feb-20
Start of Lease Up
Jun-20
Full Occupancy
Page 3 of 5
FX Residences - 801, 809, 809 1/2 E. Santa Ana Boulevard
Jan-19
Council Approval for Land Lease and Project Funding
Jan-19
Submittal of Application for NPLH Funding
Feb-19
Confirm with City Staff That Project Site Can Yield Additional Units Under Existing
Zoning
Mar-19
Revise Conceptual Drawings for additional 5 units (17 total units, up from the original
12 units)
Mar-19
SNHP Funding Application Submitted to County
Apr-19
City Staff to Review Revised Conceptual Design
Apr-19
Begin Development Agreement
May-19
Board of Supervisors Meeting for SNHP Funding
Jul-19
Execute Development Agreement
Jul-19
Formal Awards Letters for NPLH Funding To Be Issued
Aug-19
Initial Planning Submittal
Sept-19
Sunshine Ordinance Meeting
Jan-20
Planning Commission Meeting (ministerial approval of density bonus)
Feb-20
City Council Meeting (ministerial approval of density bonus)
Feb-20
Begin Construction Docs
Aug-20
Approval of Grading Plans
Mar-20
Begin Construction (Grading, Weather Permitting)
Mar-21
Completion of Construction
Habitat for Humanity - 416 Vance Street & 826 N. Lacy Street
Jul-19
DDA signed
Aug-19
Prepare Grading Plans
Aug-19
Land Conveyance
Sep-19
Submit Grading/Improvements
Sep-19
Prepare Architectural Plans
Nov-19
Submit Architectural Plans
Dec-19
Grading Permit Issued
Jan-20
Commence Grading
Feb-20
Building Permits Issued
Feb-20
Begin Construction
Jan-21
Anticipated Construction Completion
Jan-21
Certificate of Occupancy/Closings
Page 4 of 5
Santa Ana United Methodist Church "Legacy Square" (609 North Spurgeon Street)
Aug-18
Santa Ana CDA Funding Application
Dec-18
Apply for NPLH and SNHP Funds
Jan-19
Santa Ana Funding Award
Feb-19
Planning Entitlements Approved
Feb-19
AHSC Funding Application
May-19
Award of SNHP Funds
Jun-19
AHSC Funding Award
Aug-19
Apply for 4% tax credits
Aug-19
Apply for Tax -Exempt Bonds
Sep-19
Construction Drawings (8-12 weeks)
Oct-19
Award of 4% tax credits
Oct-19
Award of Tax -Exempt Bonds
Dec-19
Plan Check (12-16 weeks)
Jan-20
Building Permit Issuance
Apr-20
Construction Closing/Syndication
Apr-20
Begin Construction (18 months)
Oct-21
Construction Complete
Dec-21
100% Fully Leased (2 months)
Page 5 of 5