HomeMy WebLinkAboutReso 2020-009 RESOLUTION NO. 2020-009
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A JOINT APPLICATION WITH
CHELSEA INVESTMENT CORPORATION FOR FUNDING
FROM THE AFFORDABLE HOUSING AND SUSTAINABLE
COMMUNITIES PROGRAM TO FUND AN AFFORDABLE
HOUSING PROJECT AND INFRASTRUCTURE
IMPROVEMENTS WITHIN AND AROUND MILLENIA
WHEREAS, the Affordable Housing and Sustainable Communities (AHSC) Program,
established under Division 44, Part 1 of the Public Resources Code section 75200 et seq., funds
certain types of project areas by providing grants and/or loans that will achieve greenhouse gas
emissions reductions and benefit disadvantaged communities by increasing accessibility of
affordable housing and sustainable transportation; and
WHEREAS, the AHSC Program is administered by the Strategic Growth Council (SGC)
and implemented by the California Department of Housing and Community Development
(Department); and
WHEREAS, the State of California, SGC, and the Department issued a Notice of
Funding Availability under the AHSC Program dated November 1, 2019 (NOFA), with an
application deadline of February 11, 2020; and
WHEREAS, the City will work with Chelsea Investment Corporation, a California
corporation, (Developer), to develop two affordable family apartments of approximately 100
units each (approximately 200 total units) on Lot 13 of the Millenia Sectional Planning Area
("EUC SPA" or "SPA") and to provide transit improvements, including sidewalk, bicycle and
protected intersection improvements in the Millenia Housing and Active Transportation Project
area(Project); and
WHEREAS, Developer and the City of Chula Vista (City), as joint applicants, will apply
for up to $30,000,000 in AHSC Program funds, of which up to $20,000,000 will be requested as
a loan to Developer (or its Project development designee) for the Project (AHSC Loan) and up to
$10,000,000 will be requested as a grant to the City for Housing-Related Infrastructure (HRI),
Sustainable Transportation Infrastructure (STI), Transit-Related Amenities (TRA) or Program
(PGM) activities (AHSC Grant); and
WHEREAS, if awarded AHSC Program funds, the City will enter into, execute, and
deliver a State of California Standard Agreement (Standard Agreement), which fully
incorporates the application for AHSC Program funds under the NOFA (AHSC Program
Application).
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula
Vista, that:
Resolution No. 2020-009
Page No. 2
1. The City Manager, or designee, is authorized and directed to apply, jointly with Developer,
to the Department for the AHSC Program funds and execute and submit the AHSC Program
Application as detailed in the NOFA, in a total amount not to exceed $30,000,000 of which
up to $20,000,000 will be requested as an AHSC Loan to Developer, or its Project
development designee, for the Project and up to $10,000,000 will be requested as an AHSC
Grant to the City for grant-eligible purposes.
2. The City Manager, or designee, is authorized to enter into and execute the Standard
Agreement, all amendments, and any and all documents necessary or appropriate to secure
the AHSC Program funds from the Department.
[SIGNATURES ON THE FOLLOWING PAGE]
Resolution No. 2020-009
Page No. 3
Presented by Approved as to form by
Kelly G. Broughton, FASLA len R. oogins
Director of Development Services qty Atto ey
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 28th day of January 2020 by the following vote:
AYES: Councilmembers: Diaz, Galvez, McCann, Padilla, and Casillas Salas
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
Mary C illas Salas, Mayor
ATTEST:
L�0�
Kerry K 'gelow, MC, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
1, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2020-009 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 28th day of January 2020.
Executed this 28th day of January 2020.
Kerry K. Bi ow, MM , City Clerk