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22-0215_JHC AQUISITIONS, LLC_D1_Applicant PowerPointJamboree is a Nonprofit Corporation founded in 1990 Mission Jamboree delivers high quality affordable housing and services that transform lives and strengthen communities Vision Every person will live in a strong, healthy, sustainable community State-Wide Jamboree is California’s second largest non-profit developer of affordable housing -Housing is “affordable” if it costs no more than 30% of the monthly household income. -Most affordable housing communities are developed for people making 30% to 60% of the area median income (AMI). -This type of housing best serves large families, seniors, veterans, and the area’s workforce. What is Affordable Housing -Supportive Housing combines high-quality affordable housing with population-specific supportive services designed to help individuals and/or families stay housed and stabilized. -This type of housing best serves chronically homeless individuals and families, and those with other special needs or disabilities. What is Supportive Housing? Paseo Adelanto Supportive Housing •49 one-bedroom homes, and 1 two-bedroom for onsite property manager•Residents will pay no more than 30% of their income on rent•Extremely low-income individuals and veterans experiencing homelessness Federal Low Income Housing Tax Credits (45%) City of San Juan Capistrano (20%) Orange County Housing Finance Trust (9%) County of Orange (6%) Permanent Loan (20%) Funding Sources