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L EG AC Y S Q UARE 609 N. S PURG EO N S T REET C O MMUNIT Y M EET - PowerPoint PPT Presentation

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L EG AC Y S Q UARE 609 N. S PURG EO N S T REET C O MMUNIT Y M EET ING N O VEMBER 27, 2018 S ANT A A NA C O MMUNIT Y P ART NERSHIP S ANTA A NA U NITED M ETHODIST C HURCH C ITY OF S ANTA A NA CoDevelopers N ATIONAL C OMMUNITY R ENAISSANCE M

  1. L EG AC Y S Q UARE 609 N. S PURG EO N S T REET C O MMUNIT Y M EET ING N O VEMBER 27, 2018

  2. S ANT A A NA C O MMUNIT Y P ART NERSHIP S ANTA A NA U NITED M ETHODIST C HURCH C ITY OF S ANTA A NA Co‐Developers N ATIONAL C OMMUNITY R ENAISSANCE M ERCY H OUSE Co-Developer / Managing General Partner Co-Developer General Contractor Service Provider Property Manager Asset & Compliance Supportive Services Design H OPE T HROUGH H OUSING F OUNDATION Service Coordinator I MA D ESIGN F USCOE SVA Landscape Architect Project Engineer Lead Architect M ERCY H OUSE Service Provider City of Santa Ana - Legacy Square

  3. N AT IO NAL C O MMUNIT Y R ENAISSANC E • Founded in 1992 • Total Units: 9,000 • Total Residents: 27,000+ • Nation’s 4 th Largest Nonprofit Affordable Housing Developer • Full Service Organization Acquisitions o Planning & Development o Construction o Property Management o Compliance o Asset Management o Social Services o City of Santa Ana - Legacy Square

  4. N AT IO NAL C O MMUNIT Y R ENAISSANC E Heritage Pointe City of Santa Ana - Legacy Square

  5. M ERC Y H O USE • Founded in Santa Ana in 1998 • Mission: To be a leader in ending homelessness by providing a unique system of dignified housing opportunities, programs, and supportive services • Services provided: o Advocacy and Education o Homeless Prevention o Emergency Shelter and Services o Permanent Housing o Emergency Services and Shelter o Transitional Shelter o Service-enriched Affordable Permanent Housing and Supportive Housing City of Santa Ana - Legacy Square

  6. D EVEL O PMENT O BJEC T IVES 1. A DDRESS A C OMMUNITY N EED : Significant and increasing need for affordable housing. 2. T AILORED S UPPORTIVE S ERVICES : Evidence-based programs specialized to advance our resident families. 3. N EIGHBORHOOD C OMPATIBILITY : High quality design and amenities that are compatible with the neighborhood. 4. S USTAINABILITY : Safe, healthy and universally-designed environmental friendly buildings and financially stable. 5. C OMMUNITY A NCHOR : A legacy that continues to serve the community. City of Santa Ana - Legacy Square

  7. I DEAL L O C AT IO N • Future OC Streetcar Stop • 0.7 miles from Santa Ana Regional Transportation Center (SARTC) • Walkable to retail and services • 0.5 miles from County/City offices and employment center • High density of low to moderate-income households City of Santa Ana - Legacy Square

  8. M ARKET S T UDY KEY FINDINGS 1. Highly Marketable Location for Affordable Apartments 2. Strong Projected Population Growth to Drive Demand for New Apartments 3. Deep Pool of Low- to Moderate-Income Households in Need of Affordable Rental Housing 4. Limited Demand for Ground Floor Retail along Santa Ana Boulevard City of Santa Ana - Legacy Square

  9. E Y O UT ARL REAC H SAUMC Congregation SAUMC Board of Trustees November 2017 August 2018 Vecindad Lacy en Accion SAUMC Congregation October 2018 September 2018 Garfield Elementary Walk SAUMC Congregation Audit October 2018 October 2018 Sunshine Ordinance Meeting Ebell Club November 2018 November 2018 City of Santa Ana- Legacy Square

  10. P RO JEC T S UMMARY 93 UNITS ON 1.74 ACRES • 1 four-story building with two-story townhomes on the perimeter • 30 one-bedroom (569 SF), 41 two-bedroom (810-1029 SF), and 22 three-bedroom units (1524 SF) • 1 managers unit A FFORDABILITY • 90% Affordable (30-60% AMI), 10% Market Rate C OMMUNITY A MENITIES • 6,017 SF of ground floor community space • Tot lot playground • Community center, lobby and lounge • Landscaped outdoor courtyards, BBQs • Laundry rooms on each floor P ARKING 102 Stalls Total City of Santa Ana - Legacy Square

  11. S IT E P L AN T YPIC AL S IT E P L AN – P O DIUM L EVEL G ARAG E L EVEL – F IRST F L O O R T HIRD AND F H F O O R S IMIL O URT L AR

  12. T RANSIT O RIENT ED D ESIG N C ORNER OF S ANTA A NA B OULEVARD AND F RENCH S TREET City of Santa Ana Legacy Square

  13. M O DERN A RC HIT EC T URE S ANTA A NA B OULEVARD – S OUTH E LEVATION F RENCH S T . & S ANTA A NA B LVD . S PURGEON S T . & S ANTA A NA B LVD . City of Santa Ana Legacy Square

  14. M ISSIO N R EVIVAL A RC HIT EC T URE F RENCH S TREET – W EST E LEVATION F RENCH S T . & C IVIC C ENTER D R . S PURGEON S T . & C IVIC C ENTER D R . City of Santa Ana Legacy Square

  15. C O MPAT E D ESIG N IBL City of Santa Ana - Legacy Square

  16. L ANDSC APE P L AN City of Santa Ana - Legacy Square

  17. S UPPO RT IVE S ERVIC ES • Outcome-based educational, health and social programs provided onsite focused on: Child Development o Youth Development o Senior Wellness o • A Unique Set of Programs, Activities, and Trainings • On-Site Service Coordinator and Care Coordination to Connect Residents with a Variety of Community Resources

  18. S C HEDUL E • P ROJECT ENTITLED BY J AN 2019 • A LT . A PPLY FOR 9% T AX C REDITS IN J ULY 2019 • • A PPLY FOR AHSC IN F EB 2019 S TART C ONSTRUCTION IN J AN 2020 • AHSC A WARDS IN J UNE 2019 • G RAND O PENING IN S UMMER 2021 • A PPLY FOR 4% T AX C REDITS IN J ULY 2019 City of Santa Ana- Legacy Square

  19. A N A WARD W INNING N O NPRO FIT T EAM 1. I N -D EPTH U NDERSTANDING OF S ANTA A NA 2. E STABLISHED C OMMUNITY P ARTNERSHIPS 3. S IGNIFICANT E XPERIENCE S ECURING F INANCING 4. H IGH Q UALITY S USTAINABLE D ESIGN WITH MARKET RATE AMENITIES City of Santa Ana- Legacy Square

  20. Q UEST IO NS ? C O MMUNIT Y M EET ING N O VEMBER 27, 2018

  21. A FFO RDABIL Y L IT IMIT S 1 P ERSON 2 P ERSONS 3 P ERSONS 4 P ERSONS M AXIMUM M AXIMUM M AXIMUM M AXIMUM I NCOME L IMIT C ATEGORY A NNUAL A NNUAL A NNUAL A NNUAL I NCOME I NCOME I NCOME I NCOME Extremely Low Income $22,980 $26,250 $29,520 $32,790 (30% AMI) Very Low Income (40% $30,640 $35,000 $39,360 $43,720 AMI) Very Low Income (50% $38,300 $43,750 $49,200 $54,650 AMI) Low Income (60% AMI) $45,960 $52,500 $59,040 $65,580 Note: Per the U.S. Department of Housing and Urban Development the Area Median Income (AMI) for Orange County in 2018 for a family of four is $92,700 . City of Santa Ana- Legacy Square

  22. A FFO RDABIL Y & U NIT M IX IT O NE T WO T HREE T OTAL I NCOME L IMIT C ATEGORY B EDROOM B EDROOM B EDROOM U NITS 30 5 35 Extremely Low Income (30% AMI) 9 9 Very Low Income (40% AMI) 20 11 31 Very Low Income (50% AMI) 5 2 7 Low Income (60% AMI) 7 3 10 Workforce/Market Total Units 30 41 21 92 * Project also includes one 3-bedroom Manager’s unit) City of Santa Ana- Legacy Square

  23. E XPEC T ED R ENT L IM IT S I NCOME L IMIT C ATEGORY O NE B EDROOM T WO B EDROOM T HREE B EDROOM $615 $738 $852 Extremely Low Income (30% AMI) $820 $984 $1,137 Very Low Income (40% AMI) $1,025 $1,230 $1,421 Very Low Income (50% AMI) $1,230 $1,476 $1,705 Low Income (60% AMI) Per the U.S. Department of Housing and Urban Development the Area Median Income (AMI) for Orange County in 2018 for a family of four is $92,700 . City of Santa Ana- Legacy Square

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