pages: CityCouncil/2008-08-05.pdf, 20
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CityCouncil | 2008-08-05 | 20 | provide affordable housing homeownership opportunities, which would be accomplished by including ten units at the Grand Marina development; 2) allowing the Island High site to be developed into affordable housing for teachers and AUSD employees, which is a worthwhile project that needs to be included in the North of Lincoln Street plan; there needs to be a discussion about the most effective way to provide affordable housing, which might include condominium conversions; that he would like the Island High project to be separate and follow its own processi that he would like to move the Warmington project forward. louncilmember/Commissioner Matarrese moved approval of adopting an Affordable Housing Agreement which includes the ten units on site as inclusionary as was defined in the site plan. Vice Mayor/Commissioner Tam inquired whether the motion is that all affordable and moderate units remain on the [Grand Marina] site, to which Councilmember/Commissioner Matarrese responded in the affirmative. Vice Mayor/Commissioner Tam seconded the motion. Under discussion, Vice Mayor/Commissioner Tam stated one neighborhood's requirements should not be shifted to another neighborhood; other developers would begin to make the same request if the City started allowing affordable unit to be built off site; State MHP funds are available for rental units; inquired whether the Warmington project could subsidize five rental units on the Grand Marina site without using MHP funds. The Development Services Director responded that she could not unequivocally state that the funds could not be used; stated the parameters to qualify for MHP funds are that there be an on-site manager and that the project meets certain conditions competitively, the projects have to rank against other projects across the State; nobody has seen success with small projects; other requirements with MHP funds and tax credits are amenities, such as community centers and computers. Vice Mayor/Commissioner Tam inquired whether the Developer could turn units into rentals to meet the low-income requirement even without access to MHP funds. The Development Services Director stated the inclusionary ordinance allows it (construction of rental units] ; that she does not know whether or not the developer would manage five units. Special Joint Meeting Alameda City Council and Community Improvement Commission 7 August 5, 2008 | CityCouncil/2008-08-05.pdf |