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HomeMy WebLinkAbout2020-004 - Submittal of an Application for Funding Under the Affordable HousingRESOLUTION NO. 2020-004 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA SUPPORTING THE SUBMITTAL OF AN APPLICATION FOR FUNDING UNDER THE AFFORDABLE HOUSING AND SUSTAINABLE COMMUNITIES PROGRAM OF NATIONAL COMMUNITY RENAISSANCE OF CALIFORNIA, AND, IF AWARDED, AUTHORIZING THE CITY TO ENTER INTO A CONTRACT WITH DEVELOPER UTILIZING THE FUNDS TO CONSTRUCT TRANSPORTATION RELATED INFRASTRUCTURE FOR THE LEGACY SQUARE PROJECT BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA, AS FOLLOWS: Section 1. The City Council of the City of Santa Ana hereby finds, determines and declares as follows: A. The Strategic Growth Council's ("SGC") Affordable Housing and Sustainable Communities ("AHSC") Program funds land -use, housing, transportation, and land preservation projects to support infill and compact development that reduces greenhouse gas ("GHG") emissions. These projects facilitate the reduction of the emissions of GHG's by improving mobility options and increasing infill development, which decrease vehicle miles traveled and associated greenhouse gas and other emissions, and by reducing land conversion, which would result in emissions of greenhouse gases. B. On November 1, 2019, the Department of Housing and Community Development ("HCD") announced availability of approximately $550 million in funding for the AHSC Program, also known as the Cap & Trade Program. C. The State of California, SGC, and HCD issued a Notice of Funding Availability ("NOFA") dated November 1, 2019, under the AHSC Program, established under Division 44, Part 1 of the Public Resources Code, commencing with Section 75200. Funding for the AHSC Program is provided from the Greenhouse Gas Reduction Fund, an account established to receive Cap -and -Trade auction proceeds. D. SGC is authorized to approve funding allocations for the AHSC Program, subject to the terms and conditions of the NOFA, Program Guidelines, Resolution No. 2020-004 Page 1 of 3 Application Package, and Standard Agreement. HCD is authorized to administer the approved funding allocations of the AHSC Program. E. On December 4, 2018, the Housing and Neighborhood Development Division recommended the award of a pre -loan commitment to the Developer of Inclusionary Housing Funds not to exceed $3,170,547 and eight (8) HUD-VASH Project -Based Vouchers (PBVs). Section 2. The City of Santa Ana wishes to support National Community Renaissance of California ("Developer") application to receive an allocation not to exceed $30,000,000 in funds through the AHSC Program for the development of a multi -family new construction affordable housing development and transportation related infrastructure. The Application comprises of a request for a loan (the "AHSC Loan") not to exceed $18,000,000 for an Affordable Housing Development (AHD) and a grant (the "AHSC Grant") in an amount not to exceed $12,000,000 for Housing -Related Infrastructure (HRI), Sustainable Transportation Infrastructure (STI), Transit -Related Amenities (TRA) or Program (PGM) activities as defined in the AHSC Program Guidelines adopted by SGC on October 31, 2019. Section 3. If the application for AHSC funding is approved, and the Developers are awarded AHSC funds for Transportation Related Infrastructure, the City of Santa Ana will enter into a contract with the Developer to utilize those funds in an amount up to $2,000,000 to develop specific improvements of the Transportation Related Infrastructure component of the project, which involves bicycle, pedestrian and mobility improvements. More specifically, the proposed improvements include a bikeway installation, crosswalk enhancements, sidewalk improvements, urban greening and traffic calming within the project area. These improvements will be described in more detail in the Final Application to be submitted by February 11, 2020 (collectively, the "AHSC Application"). Section 4. The City Manager, or her designee, is authorized and empowered to execute in the name of the City of Santa Ana all necessary applications, contracts, payment requests, agreements, amendments or any other documents related to, and in furtherance of, the Developer's application for the purposes of securing funds and to carry out the purposes specified in the AHSC application and agreement. Section 5. This Resolution shall take effect immediately upon its adoption by the City Council, and the Clerk of the Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 4th day of February, 2020. Resolution No. 2020-004 Page 2 of 3 APPROVED AS TO FORM: Sonia R. Carvalho City Attorney By: a Ryan O. dg Assistan ity torney AYES: Councilmembers NOES: Councilmembers ABSTAIN: Councilmembers War% �.�.-- �- -/gymMayor Bacerra, Penaloza, Pulido, Sarmiento, Solorio, Villegas (6) None (0) None (0) NOT PRESENT: Councilmembers Iglesias (1) CERTIFICATION OF ATTESTATION AND ORIGINALITY I, DAISY GOMEZ, Clerk of Council, do hereby attest to and certify the attached Resolution No. 2020-004 to be the original resolution adopted by the City Council of the City of Santa Ana on February 4, 2020. Dat /Cle"rk of Coun lC it ity of Santa Ana :( Resolution No. 2020-004 Page 3 of 3