NEWS
Contact: Todd Cottle, 714-288-7600 x 250 [email protected]
GRAND OPENING MARKS COMPLETION OF DEPOT AT SANTIAGO TRANSIT-ORIENTED
DEVELOPMENT IN SANTA ANA, CA
Project is a catalyst for future urban development in the
Santa Ana Transit Zoning District
SANTA ANA, CA, (August 2, 2018) – A grand opening marked the completion and lease-up of Depot at Santiago, a transit-oriented, workforce housing development built by C&C Development and Orange Housing Development Corporation in partnership with the City of Santa Ana.

Developed on a 1.35-acre urban infill site at 923 N. Santiago Street, across from the Santa Ana Regional Transportation Center and the proposed OC Streetcar line, the 70-unit Depot at Santiago creates a new supply of quality workforce housing for the City of Santa Ana as well as a community resource and activity center for surrounding neighborhoods and families.
CATALYST FOR THE FUTURE
The Depot is designed to be a catalyst for development of future urban opportunities in the surrounding Santa Ana Transit Zoning Code, according to Todd Cottle, principal of C&C Development. The mixed-use project also paves the way for additional new retail outlets within an area that has been historically underserved.

Consisting of two urban-styled, multifamily buildings, the Depot establishes a structural landmark at the intersection of Santa Ana Boulevard and Santiago Avenue. The development includes approximately 8,500 square feet of ground-level retail space that opens onto a large, vibrant outdoor plaza for social gatherings, community events and the display of public art.

The Depot also features a 3,000 square-foot community room, abundant open space, play area, and barbecue pavilion.

The residential component encompasses 14 one-bedroom, 29 two-bedroom, and 27 three-bedroom apartments with rents affordable to households whose incomes range from 30 percent to 60 percent of area median income (AMI). With funding from the Mental Health Services Act (MHSA) administered by the County of Orange, the Depot provides 10 apartments for formerly homeless families that moved directly from the Santa Ana Civic Center Courtyard. 
DIGNIFIED FAMILY LIFE
Santa Ana Councilmember David Benavides said that quality workforce housing such as that represented by the Depot at Santiago is critical to providing an uplifting community environment for families to have access to beneficial services such as public transit and family resources that establish a “dignified family life.”

“The City of Santa Ana is doing its part to produce new housing for all of its resident, both affordable and market-rate,” he stated.  “Providing sufficient workforce housing has always been a priority of our city and joining in public/private partnerships with builders such as C&C and Orange Housing has been key to fulfilling our housing goal.” 
SUSTAINABLE FOOTPRINT
Additionally, the Depot at Santiago is designed to achieve a LEED Gold Certification that exceeds California's Title 24 CalGreen energy efficiency standards by at least 30 percent, according to Cottle. The Depot’s sustainable footprint will benefit residents who live in the property with convenient access to public transportation that helps reduce vehicle miles traveled and greenhouse gas emissions.

In recognition of its advanced sustainable design, the Depot at Santiago was selected by the Southern California Association of Governments (SCAG) for its 2016 SCAG Sustainability Award for Achievement in Integrated Land Use and Transportation.

“We believe the Depot at Santiago is the gold standard for transit-oriented development,” Cottle said. “The Depot not only adds a new generation of quality workforce housing to Santa Ana and Orange County, it serves as a sustainable template for future residential and mixed-use projects.”
THE WOODEN FLOOR
Along with its quality housing and retail components, the Depot at Santiago is a social, educational, health and cultural hub for the adjacent neighborhoods with services provided by The Wooden Floor, a non-profit organization that gives underserved youth the tools to live fuller, healthier lives through a unique lifestyle approach based on the dynamics of dance.

Closely aligned with C&C Development and Orange Housing, the 35-year-old nonprofit has opened an annex as part of the Depot at Santiago that serves an additional 100 students and their families, according to Dawn S. Reese, The Wooden Floor's Executive Director and Co-CEO. This is in addition to the 375 youths already enrolled in The Wooden Floor’s year-round programs at its current campus in Santa Ana’s Museum District. According to The Wooden Floor, 100 percent of their student who graduate immediately enroll in institutions of higher learning.

Participants of The Wooden Floor program engage in intensive dance education supported by academics, college and career readiness programs, and family support services intended to improve the way youth make decisions that can help them discover their personal strengths and more fully pursue their education and career potential. The new 4,000-square-foot Depot campus will enable the nonprofit to serve students and their families year-round in a state-of-the-art facility that includes a dance education studio with the highest quality dance floors, a digitally equipped education and community center, and a family resource center.  
PROJECT FINANCING
The Depot at Santiago financing includes $3.9-million “cap and trade” funding awarded by the California Strategic Growth Council.  It also includes the City of Santa Ana’s HOME and Community Development Block Grant (CDBG) funds, County of Orange MHSA funds, and Section 8 housing vouchers provided by the City of Santa Ana.

Additionally, the financing consists of low income housing tax credit funding from the California Tax Allocation Committee, and an investment by the National Equity Fund. Financing also includes State of California Infill Infrastructure Grant Program funding, as well as financing provided by the California Community Reinvestment Corporation and Bank of America.
C&C Development
With more than 40 years of experience, Orange County, CA – headquartered C&C Development Co., LLC, is a full-service real estate development company specializing in the construction, acquisition, rehabilitation, and management of affordable housing for working families and seniors. Collaborating with stakeholders, housing organizations, local municipal staff, and elected officials, C&C designs and develops distinctive affordable projects to assist neighborhoods and communities in pursuing their smart growth goals and implementing their long-term housing vision. The company’s development activities revolve around three types of projects for moderate, low, to very low-income residents: new construction of multifamily units; adaptive reuse of existing, underutilized properties; and revitalization/rehabilitation of existing troubled multifamily properties and neighborhoods.

Orange Housing Development Corporation
Orange Housing Development Corporation (OHDC), headquartered in Orange, CA, is a non-profit company dedicated to providing secure, clean and attractive housing for people of low and moderate incomes. OHDC was founded in 1990 to increase the number of affordable housing units in California and to fill the affordable housing void not being filled by the private sector. OHDC is committed to providing high quality, low-cost developments and responsive management services, while creating enjoyable and productive living environments. OHDC is further committed to the enhancement of communities through aesthetic value and economic vitality, and by leadership and active participation in community affairs. Finally, OHDC is committed to the long-term financial stability of every project. The goal is to utilize the housing funds available in the most responsible way possible and to leverage funds to obtain maximum quality production.