HomeMy WebLinkAbout2021-09-09; Housing Commission; Resolution 2021-006RESOLUTION NO. 2021-006
A RESOLUTION OF THE HOUSING COMMISSION OF THE CITY OF CARLSBAD,
CALIFORNIA RECOMMENDING THAT THE CITY COUNCIL APPROVE A
REQUEST BY RINCON HOMES TO PURCHASE TWO AFFORDABLE HOUSING
CREDITS IN THE TAVARUA APARTMENTS COMBINED HOUSING PROJECT IN
ORDER TO SATISFY THE AFFORDABLE HOUSING OBLIGATION OF ITS
HOUSING DEVELOPMENT UNDER THE CITY'S INCLUSIONARY HOUSING
ORDINANCE
EXHIBIT 1
WHEREAS, Rincon Homes is under contract to build a thirteen-home subdivision, known as
Ocean View Pointe, and is conditioned to provide two units affordable units affordable to low income
households; and
WHEREAS, the City Council approved said development on Aug. 20, 2019; and
WHEREAS, the home builder is seeking to satisfy the inclusionary housing requirement through
the purchase of two affordable housing credits as opposed to building on site: and
WHEREAS, credits in the northwest quadrant are available to purchase for this project; and
WHEREAS, the city's Affordable Housing Policy Team reviewed the request on July 28, 2021 to
discuss the request and consider options, prior to presenting it to the Housing Commission for their
consideration and recommendation to the City Council; and
WHEREAS, the Housing Commission makes recommendations to the City Council for projects
that alternatively meet affordable requirements set forth in 21.85 of the Carlsbad Municipal Code; and
WHEREAS, the Housing Commission considered the request, staff evaluation and
recommendation, and the testimony of all persons desiring to be heard on the matter at a special
meeting on Sept. 9, 2021.
NOW, THEREFORE, BE IT RESOLVED by the Housing Commission of the City of Carlsbad,
California, as follows:
1. That the above recitations are true and correct.
2. That the request from Rincon Homes to alternatively satisfy the inclusionary housing
requirement is consistent with the goals, objectives and programs of the City of
Carlsbad's Housing Element, and City Council Policies 57 and 58 as currently adopted.
3. That, based on information provided in the Housing Commission staff report and
considering testimony of all persons desiring to be heard at the Sept. 9, 2021 public
meeting, the Housing Commission hereby recommends that the City Council approve
EXHIBIT 1
the assistance from the Rincon Homes to purchase two affordable housing credits to
satisfy their inclusionary housing requirement.
4. That the Housing Commission recommend that the City Council consider amendments
to policies implementing Chapter 21.85 of the Carlsbad Municipal Code to address
market rate projects' varying ability to contribute to the provision of affordable housing,
with the objective of addressing the disparity between the low value of affordable
housing credits versus higher-value developments.
PASSED, APPROVED AND ADOPTED at a Meeting of the Housing Commission of the City of
Carlsbad on the 9th day of September 2021, by the following vote, to wit:
AYES:
NAYS:
ABSENT:
COLE, EVANS AND NGUYEN-CLEARY
MANZANO
CORTES-TORRES
~~~ J ~ N~N-CLEARY, CHAIRPERSON
CARLSBAD HOUSING COMMISSION
ATTEST:
MANDY MILLS
Director of Housing & Homeless Services