HomeMy WebLinkAbout1994-01-13; Housing Commission; Resolution 94-003I
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HOUSING COMMISSION RESOLUTION NO. 94-003
A RESOLUTION OF THE HOUSING COMMISSION OF THE
CITY OF CARLSBAD, CALIFORNIA TO RECOMMEND
APPROVAL OF THE DEVELOPMENT OF 63 APARTMENT
UNITS AFFORDABLE TO LOW INCOME HOUSEHOLDS
WITHIN THE SAMBI MASTER PLAN ON PROPERTY
GENERALLY LOCATED EAST OF PASEO DEL NORTE,
NORTH OF CAMINO DE LAS ONDAS AND SOUTH OF
PALOMAR AIRPORT ROAD.
APPLICANT: TOYOHARA AMERICA INC.
CASE NO.: AHP 94-3 (CT #92-02 And SDP #92-06)
WHEREAS, an Affordable Housing Project (AHP) Application (No. 94-3)
has been submitted to the City of Carlsbad's Housing Commission for review and
consideration;
WHEREAS, said Housing Commission did, on the 13th date of January,
1994, hold a public meeting to consider said application; and
WHEREAS, at said public meeting, upon hearing and considering all
testimony, if any, of all persons desiring to be'heard, said Commission considered all
factors relating to the application.
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing
Commission of the City of Carlsbad, California, as follows:
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3.
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The above recitations are true and correct.
That based on the information provided within the application and
testimony presented during the public meeting of the Housing
Commission on January 13, 1994, the Commission recommends
APPROVAL of Affordable Housing Project (AHP) No. 94-3 containing 63
apartment units to be affordable to low income (80% of county median)
households subject to the findings and conditions outlined herein.
That the Commission's recommendation for approval of said affordable
housing project does not include support for any financial assistance for
the project.
P
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.... .... .... .... ....
FINDINGS:
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The project is consistent with the goals and objectives of the City of Carlsbad's
Housing Element and Comprehensive Housing Affordability Strategy, the
lnclusionary Housing Ordinance, the Density Bonus Ordinance and the
affordable housing requirements of the approved Zone 20 Specific Plan.
The project will provide a total of 63 apartment units (Studio, 1, 2 and 3
bedroom) affordable for rent to households at 80% or below the county median
which meets a number two priority as outlined within the City of Carlsbad's
1 993-1 998 Comprehensive Housing Affordability Strategy (CHAS). The project,
therefore, has the ability to effectively serve the City's housing needs and
priorities as expressed in the Housing Element and CHAS.
The project appears to be financially feasible based on review of the prospective
sources of subsidy and projected costs.
CONDITIONS :
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Recommendation of approval is granted for AHP No. 94-3, as shown on Site
Development Plan 92-06, dated August 5, 1993, incorporated by reference and
on file in the Housing and Redevelopment Department. Development shall occur
substantially as shown unless otherwise noted in the conditions of project
approval by the City Council.
Recommendation of approval is granted for AHP No. 94-3 subject to the
condition that the applicant submit an acceptable schedule for construction of
the required ratio of income restricted units for inclusion in the final Affordable
Housing Agreement to be approved prior to Final Map. The schedule shall
indicate acceptable construction phasing for the affordable units in relation to
the construction of the market rate units.
The applicant shall maintain rents at the allowable affordable rate (based on
household size) for low income households with incomes equal to 80% of the
county median upon lease up of units and continuing for the full period of
affordability.
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The affordable housing uni s must be res ricted for "the useful life of he
project" which means a minimum of 55 years.
Upon final approval of said affordable housing project and prior to final map
approval, the applicant shall enter into an Affordable Housing Agreement with
the City of Carlsbad. The agreement shall be binding to all future owners and
successors in interest. The Affordable Housing Agreement shall include all
terms and conditions of said project approval and outline the incentives
(financial or other), if any, to be provided by the City of Carlsbad.
PASSED, APPROVED, AND ADOPTED at a regular meeting of the
Housing Commission of the City of Carlsbad, California, held on the 13th day of
January, 1994, by the following vote, to wit:
AYES: AVIS, ROMBOTIS, NOBLE, SATO, WELLMAN, ESCOBEDO,
NOES: NONE
SCARPELLI, PETERSON
ABSTAIN: NONE
a
D SCAMLLI, Chairperson
Commission
ATTEST: && -
EVAN BECKER, Housing and Redevelopment Director