80A - AFFORDABLE HOUSING POLICIES

Home Browse Search

REQUEST FOR COUNCIL/ HOUSING AUTHORITY ACTION CITY COUNCIL MEETING DATE: MARCH 20, 2018 TITLE: ADOPT THE DRAFT AFFORDABLE HOUSING FUNDS POLICIES AND PROCEDURES {STRATEGIC PLAN NO. 4,5) CITY MANA R EXECUTIVE I ECTOR RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ❑ As Recommended ❑ As Amended ❑ Ordinance on 111 Reading ❑ Ordinance on 2ntl Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO FILE NUMBER Adopt the draft Affordable Housing Funds Policies and Procedures, subject to non -substantive changes approved by the City Manager and City Attorney. COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION At its regular meeting on October 25, 2017, the Community Redevelopment and Housing Commission (CRHC) recommended that the City Council adopt the draft Affordable Housing Funds Policies and Procedures by a vote of 6:0 (de Leon absent). DISCUSSION On June 20, 2017, the City Council directed staff to develop a policy to allocate affordable housing development funds and criteria for selection of projects. The draft Affordable Housing Funds Policies and Procedures have been developed to guide how affordable housing funds and land assets available to the City of Santa Ana are allocated, committed, loaned and monitored for multi -family affordable housing development in the City (Exhibit 1). The intent of these Policies and Procedures is to provide a transparent, open and fair process for developers, businesses, non-profit organizations, individuals and other entities interested in the allocation of affordable housing funds and land assets available to the City for affordable housing development. The Policies and Procedures apply to the following Programs currently administered by the Housing Division of the City of Santa Ana and any other funds for housing purposes that become available: 80A-1