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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 />Veteran, but when his work ended, they were told they couldn’t stay and that CORE couldn’t <br />help. They received documents stating that they were going to be evicted. <br /> <br />RESPONSE: Eviction is a very rare and difficult process that CORE does not like to see <br />happen to any of our residents. We encourage you to go any communities and speak with our <br />residents directly as many have lived there for years and have had positive experiences. <br />Recently, in San Bernardino, we have had some great success stories, as three families living <br />in public housing were able to purchase properties and become homeowners. For Mercy <br />House, as a homeless service provider, the last thing we want to do is to evict someone. In <br />more than 30 years of providing homes to residents, we have had only 10 evictions. Eviction <br />is really rare, and it is always a last resort. We are here to help families and individuals. <br /> <br />12. Looking at the Expected Rents slide, how many units will be restricted to homeless or <br />Veterans? If 30 units are one-bedroom units for extremely low-income Veterans or homeless, <br />then there are only 5 units available to the general population? <br /> <br />RESPONSE: CORE will need significant public subsidy to finance the project and has applied <br />for applied for funds and VASH Vouchers from the City that are specifically for Veterans and <br />their families; however, we are still waiting to hear what our project will receive. Should we <br />receive vouchers, those units would be set aside for that specific group. We will discuss with <br />the partners and look at the pro forma to determine if there is any flexibility within the financing <br />structure. It is a tricky balancing act to figure out how benefit the most people possible utilizing <br />the limited funding sources that are available for affordable housing. We are trying to ensure <br />that this community receives a well-designed project that is affordable for years to come. <br /> <br />13. To get land use approvals do the affordability levels, the number of units, and unit sizes have to <br />remain, or can they change? What could change between now and February when the AHSC <br />application is submitted? <br /> <br />RESPONSE: To apply for Affordable Housing Sustainable Communities (AHSC) program <br />funding we have to have project approvals from the City which are based upon the current <br />affordability levels, the number of units and unit sizes shown. Once we have the project <br />approval and submit for AHSC funding those numbers cannot change. If we do not have <br />project approvals, then we cannot apply for funding and the project will not move forward. <br /> <br />If we want to change the specifications of the project, then we need to find additional funding <br />sources. A lot of the affordable housing industry is driven by funding and right now there is a <br />focus on homeless and Veterans. We can look to see if there are other funding sources to <br />help subsidize addition EXTREMELY LOW-INCOME units, however it is unlikely as we have <br />explored the options that are available to us. Again, given the funding sources we structure a <br />project to ensure that it is competitive and so that can get financed. When we start making <br />modifications, the project becomes less feasible. We will take this back and look at the funding <br />available work with our financing team. <br /> <br />On the design side, when we start changing the unit sizes, there are other factors to consider <br />like parking. Larger units, with two and three bedrooms, will impact parking. The fact that this <br />1-41
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