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HomeMy WebLinkAbout2009-07-09; Housing Commission; Resolution 2009-0031 HOUSING COMMISSION RESOLUTION NO. 2009-003 2 THAT THE HOUSING COMMISSION RECOMMEND APPROVAL TO THE CITY3 COUNCIL AND HOUSING AND REDEVELOPMENT COMMISSION OF $3,750,000 IN FINANCIAL CASH ASSISTANCE FROM REDEVELOPMENT AGENCY HOUSING SET-ASIDE FUNDS TO WESTERN COMMUNITY HOUSING INC AND 5 META' HOUSING CORPORATION FOR CONSTRUCTION OF FIFTY (50) AFFORDABLE APARTMENT UNITS IN THE NORTHWEST QUADRANT OF THE 6 CITY OF CARLSBAD ON PROPERTY LOCATED ON 3574 HARDING STREET. 7 APPLICANT: WESTERN COMMUNITY HOUSING/META HOUSING CASE NO: SDP06-12 8 9 WHEREAS, the Western Community Housing and Meta Housing Corporation has 10 proposed to construct 50 apartment units affordable to lower income households within the City 11 of Carlsbad and has requested financial assistance from the City of Carlsbad and/or Housing and 12 Redevelopment Commission to assist in the financing of said affordable housing project; and, 14 15 WHEREAS, the request for financial assist to construct said units has been submitted to 16 the City of Carlsbad's Housing Commission for review and consideration; and 17 18 WHEREAS, said Housing Commission did, on the 9th day of July, 2009, hold a public 19 meeting to consider the request for financial assistance for the construction of said 50 affordable 20 housing apartment units for seniors by the affordable housing developers, Western Community 21 Housing and Meta Housing; and 22 " 23 WHEREAS, upon hearing and considering all testimony, if any, of all persons desiring to 25 be heard, said Commission considered all factors relating to the proposal to construct said 26 affordable housing units. 27 28 1 NOW, THEREFORE, BE IT HEREBY RESOLVED by the Housing Commission of the 2 City of Carlsbad, California, as follows: 3 1. The above recitations are true and correct. 4 2. The request for financial assistance is consistent with the goals and objectives of the City of Carlsbad's Housing Element, Consolidated Plan, the Inclusionary Housing Ordinance, Redevelopment Plan and the Carlsbad General Plan. '6 7 . The request for financial assistance will assist the affordable housing developer to construct a total of 50, one and two bedroom affordable apartment units for g seniors 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 9 effectively serve the City's housing needs and priorities as expressed in the Housing Element and the Consolidated Plan as well as the Redevelopment Plan. 10 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 July 9, 2009, the Housing Commission hereby ADOPTS Resolution No. 2009-03, recommending APPROVAL to4h& City Council and Housing and Redevelopment Commission to provide up $3,750,000 in financial cash assistance from the Carlsbad Redevelopment Agency Housing Set-Aside 14 Funds to Western Community Housing and Meta Housing for the construction of fifty (50) affordable apartment units for seniors within the City of Carlsbad at 15 property located at 3574 Harding Street within the Northwest Quadrant of the 16 17 18 /// 19 /// 20 /// 21 /// 2?^ III 23 24 25 26 27 '" 28 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 Executive Director or his or her designee be authorized by the City Council and/or Housing and Redevelopment Commission to prepare and execute all documents related to provision of the City/Agency 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, as legal counsel to the City of Carlsbad and Carlsbad Redevelopment Agency. PASSED, APPROVED, AND ADOPTED at a meeting of the Housing Commission of the City of Carlsbad, California, held on the 9th of July, 2009, by the following vote, to wit: AYES: Bradwell, Kirk, Ritchie, and Smith NOES: None ABSENT: Wrisley ABSTAIN: None BOBBI SMITH, CHAIRPERSON CARLSBAD HOUSING COMMISSION DEBORAH K. FOUNTAIN, HOUSING AND REDEVELOPMENT DIRECTOR