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FINANCIAL_SERVICESRECOMMENDED

City of Santa Ana Agenda Packet 2026-06-16

Housing Authority to Subordinate FX Residences Loan to Support HCD Financing

$1,656,947 (amount of existing Housing Authority loan subordinated)Housing Authority of the city of Santa AnaSHELTER PROVIDERS OF SOUTHERN CALIFORNIA INC DBA HOMEAID ORANGE COUNTY | LOS ANGELESJune 16, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Santa Ana Housing Authority plans to execute a Subordination Agreement and Lease Rider with Shelter Providers of Southern California, Inc. DBA HomeAid Orange County | Los Angeles and the State of California HCD. The action will subordinate the Authority’s $1.66 million loan to a $3.01 million senior permanent loan to support the FX Residences housing project.

Contract Details

Contract Amount

$1,656,947 (amount of existing Housing Authority loan subordinated)

Vendor

SHELTER PROVIDERS OF SOUTHERN CALIFORNIA INC DBA HOMEAID ORANGE COUNTY | LOS ANGELES

Agency

Housing Authority of the city of Santa Ana, CA

Contract Type

FINANCIAL_SERVICES

Document Date

June 16, 2026

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