pages: CityCouncil/2017-10-17.pdf, 11
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CityCouncil | 2017-10-17 | 11 | Vice Mayor Vella inquired how staff will ensure people have the utilities and infrastructure they need while the affordable housing is being built and whether the work can be done in phases. The Base Reuse Director responded the project will undergo a rigorous improvement plan process that will need to be approved by all the utility plan providers. Councilmember Oddie inquired what areas of funding are still outstanding. The Base Reuse Director responded low income housing tax credits are still outstanding but there are various types of funding sources. Councilmember Ezzy Ashcraft inquired what happens if Alameda Point Partners does not come through with the senior housing funds. The Base Reuse Director responded staff would review other State funding sources. Vice Mayor Vella inquired if Alameda Point Partners does not close, is there an impact to future development projects at Alameda Point. The Base Reuse Director responded there is less risk for market rate development due to the requirement for affordable housing. Vice Mayor Vella inquired if Alameda Point Partners does not close, will the City still be able to collect money from the developer on future projects; expressed concern over the City covering the cost and letting the developer off the hook for paying for the inclusionary housing. The Base Reuse Director responded the funding is negotiable. Vice Mayor Vella expressed concerns that the City will be paying off the affordable housing costs. The Base Reuse Director responded that Alameda Point Partners obligations will stay the same; any future transactions are the discretion of the Council to require any future developer to meet the obligation or pay their fair share on the affordable housing. Councilmember Ezzy Ashcraft moved introduction of the ordinances authorizing the City Manager to execute a ground lease agreement between Eden Housing, Inc., and the City of Alameda for a 70-unit family affordable housing project on Block 8, within Site A at Alameda Point, and authorizing the City Manager to execute a ground lease agreement between Eden Housing, Inc., and the City of Alameda for a 60-unit senior affordable housing project on Block 8 within Site A at Alameda Point. Councilmember Matarrese seconded the motion, which carried by unanimous voice Regular Meeting Alameda City Council October 17, 2017 7 | CityCouncil/2017-10-17.pdf |