HomeMy WebLinkAbout2005-02-24; Housing Commission; Resolution 2005-0011
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HOUSING COMMISSION RESOLUTION NO. 2005-001
THAT THE HOUSING COMMISSION RECOMMEND APPROVAL TO THE CITY
COUNCIL OF $1,454,276 IN FINANCIAL CASH ASSISTANCE FROM CDBG,
AFFIRMED HOUSING GROUP FOR CONSTRUCTION OF FIFTY SIX (56)
AFFORDABLE APARTMENT UNITS IN THE SOUTHEAST QUADRANT OF THE
CITY OF CARLSBAD ON PROPERTY LOCATED ON EL CAMINO REAL AT
CASSIA STREET.
HOME AND REDEVELOPMENT AGENCY HOUSING SET-ASIDE FUNDS TO
APPLICANT: AFFIRMED HOUSING GROUP
CASE NO: SDP 02-13
WHEREAS, the AErmed Housing Group has proposed to construct 56 apartment units
affordable to lower income households within the City of Carlsbad and has requested financial
assistance from the City of Carlsbad to assist in the financing of said affordable housing project;
and,
WHEREAS, the request for financial assist to construct said units has been submitted to
the City of Carlsbad’s Housing Commission for review and consideration; and
WHEREAS, said Housing Commission did, on the 24th day of February, 2005, hold a
public meeting to consider the request for City financial assistance for the construction of said 56
affordable housing apartment units by the affordable housing developer, Affirmed Housing
Group; and
WHEREAS, upon hearing and considering all testimony, if any, of all persons desiring to
be heard, said Commission considered all factors relating to the proposal to construct said
affordable housing units.
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.
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HC RESOLUTION NO. 2005-01
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2. The request for City financial assistance is consistent with the goals and
objectives of the City of Carlsbad’s Housing Element, Consolidated Plan, the
Inclusionary Housing Ordinance, and the Carlsbad General Plan.
3. The request for City financial assistance will assist the affordable housing
developer to construct a total of 56, one, two, and three bedroom affordable
apartment units which will be affordable to households ranging from 30% to 60%
of area median income for San Diego County. 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 24, 2005, the Housing Commission hereby ADOPTS
Resolution No. 2005-01, recommending APPROVAL to the City Council to
provide up $1,454,276 in financial cash assistance from the City of Carlsbad’s
CDBG, HOME and Redevelopment Agency Housing Set-Aside Funds to
Affirmed Housing Group for the construction of fifty six (56) affordable
apartment units within the City of Carlsbad at property located on El Camino Real
at Cassia Street within the Southeast Quadrant of the City.
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5. That the Housing Commission recommends that the City Manager or his or he1
designee be authorized by the City Council to prepare and execute all documenb
related to provision of the City assistance, including but not limited to a Financial
Assistance Loan Agreement, Note, Deed of Trust and Regulatory Agreement,
subject to review and approval by the City Attorney.
PASSED, APPROVED, AND ADOPTED at a meeting of the Housing Commission oi
the City of Carlsbad, California, held on the 24* of February, 2005, by the following vote, to wit:
AYES:
NOES: Huston
ABSENT: None
ABSTAIN: None
Scarpelli, Ritchie, Schrd and Smith
SCARP Id LI, CHAIRPERSON
HOUSING COMMISSION
DEBORAH K. FOUNTAIN
HOUSING AND REDEVELOPMENT DIRECTOR
HC RESOLUTION NO. 2005-001
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