City of Santa Ana Agenda Packet 2026-06-16
HCD to Provide $3M Permanent Loan for FX Residences
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Description
The State of California Department of Housing and Community Development is slated to make a $3,006,567 senior permanent loan for the FX Residences housing project in Santa Ana. The Housing Authority will execute a subordination agreement and lease rider to accommodate this state financing.
Contract Details
Contract Amount
$3,006,567 senior permanent loan for FX Residences
Vendor
STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
Agency
Housing Authority of the city of Santa Ana, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Renewal Info
Loan is structured as a senior permanent loan; specific maturity date is not provided in the agenda text.
More from STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
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APPROVEDcity_council_meeting_agenda_november_2025.pdf
APPROVEDIssuing Agency
Housing Authority of the city of Santa Ana
Local Housing Authority
Santa Ana, CA
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City of Santa Ana Agenda Packet 2026-06-16
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