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HomeMy WebLinkAbout1999-08-12; Housing Commission; Resolution 99-0061 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 r" HOUSING COMMISSION RESOLUTION NO. 99-006 A RESOLUTION OF THE HOUSING COMMISSION OF THE CITY OF CARLSBAD, CALIFORNIA, RECOMMENDING APPROVAL TO THE CITY COUNCIL OF THE AGREEMENT BY AND BETWEEN THE CITY OF CARLSBAD AND THE SAN DIEGO AREA HOUSING AND FINANCE AGENCY, A JOINT POWERS OWN AFFORDABLE HOUSING PROGRAM. AUTHORTTY, FOR THE PURPOSE OF CREATING A LEASE-TO- WHEREAS, the City of Carlsbad seeks to promote home ownership to improve the City's housing stock and to further economic development for the welfare of its residents; and WHEREAS, the Housing Element seeks to provide a variety of housing opportunities for iouseholds of all income levels; and WHEREAS, there is growing need for the City to find new cooperative ways to develop programs that will increase home ownership opportunities and improve community life; and WHEREAS, the San Diego Area Housing & Finance Agency is a cooperative approach between cities that will increase home ownership and thereby improve the quality of community life for those cities participating in the Authority; and WHEREAS, the City of Carlsbad will further its goal of home ownership within the community through membership in the San Diego Area Housing and Finance Agency; and WHEREAS, the San Diego Area Housing and Finance Agency provides for home ownership programs individually tailored for each member city; WHEREAS, on July 8, 1999, the Housing Commission held a public meeting to consider the >ease-to-Own Program to provide home ownership opportunities to households earning up to 140% of he Area Median Income in the City of Carlsbad; and WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of all ,ersons desiring to be heard, said Commission considered all factors relating to the Lease-to-Own 'rogram, and continued the item to a future meeting .. - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 WHEREAS, on August 12, 1999, the Housing Commission held a public meeting to consider :he Lease-to-Own Program to provide home ownership opportunities to households earning up to 140% If the Area Median Income in the City of Carlsbad; and WHEREAS, at said public meeting, upon hearing and considering all testimony, if any, of all iersons desiring to be heard, said Commission considered all factors relating to the Lease-to-Own Program NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the City of Clarlsbad, California, as follows: 1. 2. 3. 4. ... ... ... ... ... ... ... The above recitations are true and correct. The Program is consistent with the goals and objectives of the City of Carlsbad's Housing Element, the Consolidated Plan, the Inclusionary Housing Ordinance, and the Carlsbad General Plan. As recommended by the Commission, the project will provide a minimum of homebuying opportunities to household earning up to 140% of the Area Median Income. The Program, therefore, has the ability to effectively serve the City's housing needs and priorities as expressed in the Housing Element. That based on the information provided within the Housing Commission Staff Report and testimony presented during the public meeting of the Housing Commission on July 8, 1999, the Housing Commission ADOPTS Resolution No. 99-006, recommending APPROVAL to the City Council of the agreement by and between the City of Carlsbad and the San Diego Area Housing and Finance Agency, a Joint Powers Authority for the purpose of creating a Lease-to-Own Affordable Housing Program, with a modification to limit participation in the Program to those households with a gross annual income equal to or less than 120% of the Area Median Income adjusted for household size. HCRESO. NO. 99-006 PAGE 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 5. That the Housing Commission recommends that the City Manager or his designee be authorized to execute all documents related to the Lease-to-Own Housing Program, including but not limited to the Joint Exercise of Powers Agreement creating the San Diego Area Housing and Finance Agency, subject to review and approval by the City Attorney. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing Commission If the City of Carlsbad, California, held on the 12* day of August, 1999, by the following vote, to wit: AYES: NOES: None. ABSENT: Commissioner Rose. Chairperson Latas, Commissioners: Scarpelli, McNeill and Ritchie. ABSTAIN: None. CARLSB~~HOUSING COMMISSION e L K.JMLQ DEBORAH K. FOUNTAIN HOUSING AND REDEVELOPMENT DIRECTOR CICRESO. NO. 99-006 DAGE 3