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HomeMy WebLinkAbout2018-04-25 HAC Agenda City of Chula Vista Boards & Commissions Housing Advisory Commission Notice is hereby given that the Housing Advisory Commission of the City of Chula Vista has called and will convene a Regular Meeting on Wednesday, April 25, 2018 in Conference Room B111/B112, located at 276 Fourth Avenue, Building C, Chula Vista, California to consider the item(s) on this agenda. REGULAR MEETING OF THE HOUSING ADVISORY COMMISSION OF THE CITY OF CHULA VISTA Wednesday, April 25, 2018 Conference Room B111/B112 4:00 p.m. 276 Fourth Avenue, Building C Chula Vista, CA CALL TO ORDER ROLL CALL: Commissioners Bustamante, Cabral, Lisama, MacFarland, Merino, Robles, Uy and Chair Quero CONSENT CALENDAR The Board/Commission will enact the Consent Calendar staff recommendations by one motion, without discussion, unless a Board/Commission Member, a member of the public, or staff requests that an item be and submit it to the Secretary prior to the meeting. Items pulled from the Consent Calendar will be discussed immediately following the Consent Calendar. 1. APPROVAL OF MINUTES FROM December 12, 2017 Staff recommendation: Review Attachment 1 and approve minutes. PUBLIC COMMENTS Persons speaking during Public Comments may address the Board/Commission on any subject matter within the Board/Commission from discussing or taking action on any issue not included on the agenda, but, if appropriate, the Board/Commission may schedule the topic for future discussion or refer the matter to staff. Comments are limited to three minutes. ACTION ITEMS The Item(s) listed in this section of the agenda will be considered individually by the Board/Commission and are expected to 2. BOND FINANCING OF ACQUISITION AND REHABILITATION OF CORDOVA VILLAGE APARTMENTS AND TROLLEY TERRACE (Scattered Sites) The City of Chula Vista has received a request from South Bay Community Services and Cordova Village L.P to consider the issuance of tax exempt obligations to finance the acquisition and rehabilitation of 58 existing affordable units at Trolley Terrace and Cordova Village Apartments The Project is located at 750 ADA Street and 1280 East J Street. The rehabilitation would improve the properties and extend the term of the affordable rents for 55 years (currently scheduled to expire in 2018). RECOMMENDED ACTION: Commission provide an advisory recommendation to the City Council and the Chula Vista Housing Authority to issue tax exempt obligations to finance the acquisition and rehabilitation of the Project. 3. FINANCING OF ACQUISITION OF PROPERTY AT 748 ANITA ST AND NEW CONSTRUCTION OF 71 UNITS Wakeland Housing an commitment for land acquisition and construction costs of up to $1.8 million, in addition to a previous loan of $3.3 million, to support creation of new affordable rental housing for very low income households located at properties known as 748, 750-752, and 754-760 Anita Street in the southwe actions will enable Developer to assemble the necessary financing for the Project. RECOMMENDED ACTION: Commission provide an advisory recommendation to the City Council and the Chula Vista Housing Authority to provide financial assistance, in an amount up to (or not to exceed) $1,800,000, for the acquisition of property and construction of the Project. OTHER BUSINESS 4. STAFF COMMENTS a. Chula Vista Housing Authority Multifamily Mortgage Revenue Bond Policies b. Accessory Dwelling Unit Ordinance c. PY 2018-19 CDBG/HOME/ESG d. Annual Housing Element Report & Successor Housing Agency Annual Report e. Regional Housing Needs Assessment - SANDAG Regional Planning Technical Working Group i. March 26, 2018 ii. April 12, 2018 5. 6. ADJOURNMENT to the regular meeting of the Housing Advisory Commission on Wednesday, July 25, 2018 in Conference Room B128 at 276 Fourth Avenue, Building C, Chula Vista, California. Materials provided to the Housing Advisory Commission related to any open-session item on this agenda are available for public review in the Housing Division, Chula Vista during normal business hours. In compliance with the AMERICANS WITH DISABILITIES ACT The City of Chula Vista requests individuals who require special accommodations to access, attend, and/or participate in a City meeting, activity, or service, contact the Human Resources Department at (619) 691-5041 (California Relay Service is available for the hearing impaired by dialing 711) at least forty-eight hours in advance of the meeting. Page 2 HAC Agenda April 25, 2018