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HomeMy WebLinkAbout1998-02-12; Housing Commission; Resolution 98-003J 1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 17 18 19. 20 21 22 23 24 25 26 27 20 rc HOUSING COMMISSION RESOLUTION NO. 98-003 THAT THE HOUSING RECOMMEND APPROVAL TO THE CITY COUNCIL OF $75,000 IN FINANCIAL ASSISTANCE FOR THE CONSTRUCTION OF FIVE, FOR SALE, AFFORDABLE FOUR BEDROOM SINGLE FAMILY DETACHED UNITS IN ORDER TO HELP SATISFY THE REQUIREMENTS OF THE INCLUSIONARY HOUSING ORDINANCE FOR THE DEVELOPMENT OF 35 HILLS MASTER PLAN. APPLICANT: HERITAGE BUILDERS, INC RESIDENTIAL UNITS IN VILLAGE L-1 OF THE CALAVERA CASE NO: CT 97-04, CP 97-02, SDP 97-03 WHEREAS, the developer of the Calavera Master Plan received approval to construct a 35 single family planned unit development as allowed by Carlsbad Tract Map CT 97-04; WHEREAS, the developer has proposed to construct five, for-sale, four bedroom detached single family homes affordable to lower income households as a means to satisfy their affordable housing obligations as permitted by Carlsbad Municipal Code Section 21.85 of the City’s Inclusionary Housing Ordinance; WHEREAS, on September 11, 1997, the Housing Commission recommended to the Planning Commission approval of the developer’s proposal to construct said units; WHEREAS, said Housing Commission did, on the 12th day of February, 1998, hold a public meeting to consider the developer’s request for financial assistance to construct said units; 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 request for financial assistance; NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the City of Carlsbad, California, as follows: 1 . The above recitations are true and correct. 2. The project is consistent with the goals and objectives of the City of Carlsbad’s Housing Element and Comprehensive Housing Affordability Strategy, the Inclusionary Housing Ordinance, and the Carlsbad General Plan. 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 3. The project will provide a total of five, for-sale, four bedroom single family detached units affordable for purchase to households at 80% or below of the county median which meets a "medium priority" affordable housing need as outlined within the City of Carlsbad's approved 1995-2000 Consolidated Plan. The project, therefore, has the ability to effectively serve the City's housing needs and priorities as expressed in the Housing Element and the Consolidated Plan. 4. That based on the information provided within the Housing Commission Staff Report and testimony presented during the public meeting of the Housing Commission on February 12, 1998, the Housing Commission ADOPT Resolution No. 98-003, recommending APPROVAL to the City Council to provide $75,000 in financial assistance from the City of Carlsbad's Housing Trust Fund to heritage Builders, Inc., for the construction of five, for sale, affordable four bedroom single family detached units to satisfy the requirements of the Inclusionary Housing Ordinance for the development of 35 residential units in Village L-1 of the Calavera Hills Master Plan. 5. That the Housing Commission recommends that the City Manager or his designee be authorized to execute the Loan Agreement for the financial assistance in substantially the form presented in Exhibit 4 to the Housing Commission Staff Report, subject to review and approval by the City Attorney. PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing Commission of the City of Carlsbad, California, held on the 12th day of February, 1998, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: Chairperson Dunn Wellman, Commissioners: Walker. Commissioner Calverley. Commissioners: Latas, Scarpelli and Schlehuber. None. Escobedo, Noble, Rose and N CARLSBAD HOUSING COMMISSION 7-)Am 12 p. DWORAH K. FOUNTAIN HOUSING & REDEVELOPMENT DIRECTOR HC RES0 NO. 98-003 PAGE 2