HomeMy WebLinkAbout2004-09-09; Housing Commission; Resolution 2004-003I
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' HOUSING COMMISSION RESOLUTION NO. 2004-003
THAT THE HOUSING COMMISSION RECOMMEND APPROVAL TO THE CITY
COUNCIL TO ALLOW THE PURCHASE OF SIXTEEN AFFORDABLE HOUSING
CREDITS IN THE VILLA LOMA AFFORDABLE HOUSING DEVELOPMENT TO
SATISFY A PORTION OF THE REQUIREMENT OF THE INCLUSIONARY HOUSING
ORDINANCE FOR THE THOMPSON/TABATA RESIDENTIAL DEVELOPMENT.
APPLICANT: STANDARD PACIFIC CORPORATION
CASE NO: CT 98-14
WHEREAS, Standard Pacific Corporation has received approval of Tentative Map CT
98-14 for the development of a 262 unit residential development; and
WHEREAS, said subdivision of land requires the developer to provide 40 units of
housing affordable to lower income households as required by Carlsbad Municipal Code Section
21.85 of the City's Inclusionary Housing Ordinance; and
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WHEREAS, the Villa Loma housing project was conceived and developed with City
participation based on the creation of 184 excess affordable housing units which would be
available to satisfy other developers inclusionary housing obligation; and
WHEREAS, Standard Pacific Corporation has received approval to develop a 24 unit for-
sale condominium project to satisfy a portion of their overall inclusionary housing requirement;
and
WHEREAS, Standard Pacific Corporation has requested to purchase Affordable Housing
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Credits as a means to satisfy the remainder of their affordable housing obligations as permitted
by Carlsbad Municipal Code Section 21.85 of the City's Inclusionary Housing Ordinance and
consistent with City Council Policies 57 and 58; an d
WHEREAS, the request to purchase Affordable Housing Credits has been submitted to
the City of Carlsbad's Housing Commission for review and consideration; and
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WHEREAS, said Housing Commission did, on the 9’ day September, 2004, hold a
meeting to consider said request for the purchase of Affordable Housing Credits by the
Standard Pacific Corporation; 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 and request to purchase Affordable Housing Credits;
NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the
City of Carlsbad, California, as follows:
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The above recitations are true and correct.
The project is consistent with the goals and objectives of the City of Carlsbad’s
Housing Element and Consolidated Plan, the Inclusionary Housing Ordinance, and the
Carlsbad General Plan.
Based upon the analysis contained within the Housing Commission Staff Report, the
Housing Commission finds that the off-site satisfaction of a portion of the
inclusionary housing requirement is in the public interest.
That based on the information provided within the Housing Commission Staff Report
and testimony presented during the public meeting of the Housing Commission on
September 9, 2004, the Housing Commission recommends that the City Council
APPROVE a request by the Standard Pacific Corporation to purchase 16 affordable
housing credits in the Villa Lorna housing project in order to satisfy the affordable
housing obligation of the ThompsonlTabata project under the City’s Inclusionary
Housing Ordinance.
That the Housing Commission recommends that the City Manager or his or her
designee be authdrized to execute the Affordable Housing Agreement in substantially
the form presented in the Exhibit 3 for the Housing Commission Staff Report and to
execute such other documents, or take other actions as may be necessary or
appropriate to assist the developer in acquiring the Affordable Housing Credits.
HC RESO. NO. 2004-03
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PASSED, APPROVED, AND ADOPTED at a regular meeting of the Housing
Commission of the City of Carlsbad, California, held on the 9th day of September, 2004, by the
following vote, to wit:
AYES:
NOES: None
Huston, Ritchie, Schraml, and Smith
ABSENT: Scarpelli
ABSTAIN: None
RENEE HUSTON, VICE CHAIRPERSON
CARLSBAD HOUSING COMMISSION
HOUSING AND REDEVELOPMENT DIRECTOR
HC RESO. NO. 2004-03
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