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01-14-19_AGENDA PACKET
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01-14-19_AGENDA PACKET
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />another, where we can help transform and positively influence a neighborhood. For example, <br />in Yorba Linda, we just completed our second phase in Savi Ranch, and fourth project in the <br />City. Our goal is to have subsequent projects and hope we can do that here. <br /> <br />8. There are many families that fall into the extremely low-income range and the Project doesn’t <br />include any two bedrooms that are available for this income group. <br /> <br />RESPONSE: Designing and financing a project requires striking a balance to meet housing <br />needs while ensuring the project is feasible and competitive for funding. Currently, there are <br />not two-bedroom units that are available for extremely low-income households. CORE has <br />asked for vouchers from the City which would likely be for homeless and/or Veterans and <br />would be for one-bedroom units. The project does provide 5 three-bedroom units for ELI, 9 <br />two-bedroom very low income (40% AMI) units, 20 units 2-bedroom and 11 three-bedroom <br />low income (50% AMI) units, and 5 two-bedroom and 2 three-bedroom low income (60% AMI) <br />units. The project would add 52 units that are two and three bedrooms for families that are <br />rent-restricted for households that are very low and low income earning below $45,000 <br />annually. <br />s <br />9. Latino Health Access Representative: We are excited to see that property owners are bringing <br />affordable housing to this neighborhood. Thank you to those involved in this project. What we <br />see is a need for housing that is affordable for extremely low-income households and bigger <br />units with more bedrooms for families. Can the project be 100% affordable, and not include any <br />market rate units? Our folks living here cannot afford market rate and we see a number of market <br />rate developments and highly encourage the project to be 100 percent affordable. <br /> <br />RESPONSE: We will discuss with the partners and look at the financing to determine if the <br />project is still feasible if it is 100% affordable. There are only 10 market rate units and the <br />revenue from those units is intended to provide funds to Church, Mercy House and Hope <br />through Housing Foundation to provide services to residents and the larger neighborhood. <br /> <br />10. As single mom with two kids, it’s sad to see when you are advocating, that you don’t qualify <br />because you make too much money, so I have to pay 80% of my income for market rate rent. <br />I’m thankful that you are here but I believe it’s because of the sunshine ordinance. I think that <br />you are here, because you have to be here, not because you are truly thinking about the <br />community. Sadly, we don’t have the income of other areas in OC. This is our reality. But we <br />want to stay here and if we can have an 100% affordable project it will make a difference. I would <br />like to see the project be 100% affordable. <br /> <br />RESPONSE: CORE and the Church have held a number of community meetings, at the <br />Church with the congregation, with neighborhood groups, the City, and even one-on-one <br />meetings with specific community groups like VELA, the Ebell Club, and the Kennedy <br />Commission, over the past year. We are happy to reach out to other groups – please let us <br />know if you know other organizations that should be at the table. CORE will look again at the <br />financing to determine if the project is still feasible if it is 100% affordable. <br /> <br />11. Doing a Google search, there is a review from Dec 23, 2017 about a property owned and <br />managed by CORE, where a resident got into the home because her husband was military <br />1-40
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