BusHsgDev Highlights 2007 0614 - Laserfiche WebLink

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2. Update on Eden Housing Inc.'s Affordable Senior Housing Proposal at 2121 East 14th Street Assistant City Manager Hollister introduced Housing Manager Liao and Planner Barros who gave an update on Eden Housing Inc.'s (Eden) proposed development at 2121 E. 14th Street. Planner Barros reviewed the site lay-out and shared that in response to Board of Zoning Adjustment's concerns regarding parking and access to the upper corridors, a second elevator has been added to the building. Additionally, Eden will evaluate parking needs after the housing development has been operational for six months and will add parking, if needed. The additional parking will need to replace desirable landscaping. Housing Manager Liao reported that projected costs have increased from $16.5 million to $18 million due to design beautification, the addition of an elevator and a requirement to treat storm water on site. The City's subsidy should remain below $4 million. In order to fund the project, Eden will be applying for more HUD 202 grant funding and 4% tax credits. Time is built into the project for three HUD 202 grant cycles and if a grant is not awarded, Eden may apply for 9% tax credits. The City approval schedule for the project follows: June 21, 2007 Board of Zoning Adjustment July 9,2007 Council work session July 16, 2007 Council for funding approval 3. Proposed Revisions to the Commercial Fa.;ade Improvement Program Planner Ricard reported that funding for a facade improvement program is included in the FY 2007-08 budget - $200,000 in both the West San LeandroIMacArthur Boulevard Area and the Joint Project Area budgets, and $50,000 in the Plaza Project Area budget. The program includes two elements: 1) reinstatement of the Commercial Rehabilitation Program (CRP) which has not been funded since 2002, and 2) introduction of a new Awning Sign and Paint (ASAP) program. The CRP is a $50,000 matching grant to fund larger improvements, while the ASAP is a $10,000 matching grant to fund awning and paint projects. The goal of the programs is to encourage building fayade improvement projects which improve the appearance of the project area. 4. Overview of Pending Development Applications Interim Community Development Director Sims reporting on the following applications: . Mini-storage at 14340 Washington Avenue. Zoning approval of the proposed project which was approved over 18 months ago has expired. Mr. Landis, the owner, resubmitted applications and requested an extension. The request for an extension will be heard at the Planning Commission tonight. An extension will require City Council approval as well. The Committee agreed that the site needs to be cleaned up prior to consideration of an extension. 2