City Council

9.\nApprove a Pre-Commitment of up to $920,000 in Inclusionary Housing Funds\nfor Eligible Homebuyers to Purchase Nine (9) Existing Rental Units that will be\nConverted into Affordable Ownership Condominium Units Located at 425 E.\nWellington Avenue\nDepartment(s): Community Development Agency\nRecommended Action: Approve a pre-commitment letter with Habitat for\nHumanity of Orange County for up to $920,000 in Inclusionary Housing Funds\nfor eligible homebuyers to purchase nine (9) existing rental units that will be\nconverted into affordable ownership condominium units located at 425 E.\nWellington Avenue, Santa Ana, CA (APN 398-028-12) (Agreement No. A2025-XXX).\n