City of Santa Ana City Council and Special Housing Authority Meeting Agenda 2026-06-16
HomeAid FX Residences Loan Subordination Agreement
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Description
The Housing Authority will consider a Subordination Agreement and Lease Rider with Shelter Providers of Southern California, Inc. DBA HomeAid Orange County | Los Angeles and the State of California Department of Housing and Community Development for the FX Residences project. The action subordinates the Authority’s loan to a $3,006,567 senior HCD loan to support the housing development.
Contract Details
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
Renewal Info
Subordination and lease rider relate to long-term project financing for FX Residences; specific end dates or renewal options are not disclosed in the agenda.
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Related Contracts
City of Santa Ana Agenda Packet 2026-06-16
RECOMMENDEDCity of Santa Ana Agenda Packet 2026-06-16
RECOMMENDEDIssuing Agency
Housing Authority of the city of Santa Ana
Local Housing Authority
Santa Ana, CA
Vendor
SHELTER PROVIDERS OF SOUTHERN CALIFORNIA INC DBA HOMEAID ORANGE COUNTY | LOS ANGELES
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