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AGENDA PACKET_2021-11-02
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AGENDA PACKET_2021-11-02
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<br />Quarterly Report for Housing Division Projects and Activities <br />November 2, 2021 <br />Page 4 <br />Inclusionary Housing <br />Project# of UnitsAddress <br />Funds COMMITTED <br /> Habitat for Humanity “Lacy & 416 Vance Street & 826 <br />$565,2712 <br /> Vance”N. Lacy Street <br />2530 and 2534 <br />Westview House$1,514,11384 <br />Westminster Avenue <br />WISE Place Steps to <br />Independence Public Service $90,000N/AN/A <br />Program <br />Down Payment Assistance$210,000N/AN/A <br />TOTAL$2,379,384 86 <br />Affordable Housing Development Projects <br />There are two affordable housing projects under construction, and four affordable <br />housing projects in pre-development. Below is a brief summary and status-update for <br />each project. Exhibit 3 provides a development timeline for each project. <br />Projects under Construction <br />Legacy Square (609 N Spurgeon Street) <br />DeveloperNational Community Renaissance with Mercy House as the service provider <br />New construction of a 100% affordable multifamily apartment complex <br /> consisting of 92 units of rental housing and one (1) manager’s unit. All units <br />Description <br />will be affordable to households earning less than 60% AMI of which 33 units <br />will be set-aside for permanent supportive housing. <br />Authority FundsEight Project-Based Vouchers (PBVs) <br />Construction is fully underway, including the completion of sewer and water <br />Updatein the street. The Groundbreaking Ceremony was celebrated on July 8, <br />2021. The estimated completion date is February 2023. <br />North Harbor Village (1108 N Harbor Boulevard) <br />DeveloperJamboree Housing Corporation <br />Acquisition and rehabilitation of a former motel yielding 89 units of <br />Description <br />permanent supportive housing. <br />City / Authority CDBG ($1,687,047); Eight-nine PBVs consisting of 34 HUD-VASH PBVs <br />Fundsand 55 non HUD-VASH PBVs. <br />Construction is currently underway including the completion of the demolition <br />Update <br />of the units. The estimated completion date is October 2022. <br />Projects in Pre-Development <br />Crossroads at Washington (1126 and 1146 E Washington Avenue) <br />Related Companies of California with A Community of Friends (ACOF) as <br />Developer <br />co-developer and lead service provider <br /> <br />
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