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File Number: 18-392 <br />For affordable housing development, the City of San Leandro will not meet this goal since the nonprofit <br />Eden Housing development at Parrot Street and San Leandro Blvd with 62 multi-family affordable rental <br />housing units has not yet secured all the financing that it needs to proceed with construction. <br />For housing Moderate- and Above Moderate-Income households, as of the beginning of August 2018, <br />the pipeline for housing unit entitlements shows that the City is making notable progress to meet this <br />goal. Below are highlights of the Moderate and Above Moderate-Income housing development proposals <br />in the pipeline for Fall/Winter 2018 or early 2019. <br />·915 Antonio Street-New development of 687 rental housing units ; <br />·1388 Bancroft Avenue-New development of 45 rental housing units ; <br />·311 MacArthur Blvd-New development of 20 townhome/condominiums; <br />·1188 East 14th Street-New development of 197 rental housing units plus groundfloor retail <br />(including a specialty grocery store hopefully); <br />·268 Parrott Street-New development of 26 townhome/condominiums; <br />·Throughout the City, there are 9 Accessory Dwelling Units that are currently in the entitlement <br />process. <br />The City’s Housing Division activities continue to be curtailed by the elimination in 2012 of <br />Redevelopment Agency tax-increment financing dedicated to affordable housing development and <br />preservation. The City’s ability to achieve several of its Housing Element goals and objectives cannot be <br />accomplished without enhanced and additional affordable housing funding sources locally, regionally, <br />State-wide and federally.. <br />For example, the First Time Homebuyer (FTHB) Loan Program and the Owner-Occupied Housing <br />Rehabilitation Loan Programs have been eliminated or severely reduced since 2012. The elimination of <br />the FTHB Loan program mainly impacts moderate income households. The Housing Rehabilitation <br />Loan Program now relies primarily on federal CDBG Program funds, which have been declining for <br />decades. Another funding source for the City’s Housing programs include the local Affordable Housing <br />Trust Fund that consists mainly of repayments of older FTHB and Rehabilitation Loans in addition to <br />some in-lieu payments for ownership housing developments subject to the City’s Inclusionary Zoning <br />Ordinance. Deposits of funds from the latter program are dependent on a more active housing market <br />and a need to amend the Inclusionary Zoning Ordinance to consider a housing in lieu fee for rental <br />housing which currently does not exist. The City anticipates a more active housing construction market <br />based on the new housing projects in the entitlement pipeline described above. Regarding the option <br />for a rental housing in lieu fee, the City is projecting to amend the IZ Ordinance by early 2019. <br />Some of the City’s key goals and accomplishments in 2017 include: <br />GOAL 53: AFFORDABLE HOUSING DEVELOPMENT <br />·The nonprofit BRIDGE Housing Corporation's Marea Alta, a 115-unit affordable housing <br />development, completed construction and lease-up of its housing units. There were more than <br />10,000 applications accepted during the lease-up period. <br />·La Vereda (aka Marea Alta Phase 2 or San Leandro Senior housing) started construction of 85 <br />units of affordable rental senior housing. <br />·Nonprofit developer Eden Housing was awarded a total of $5 million in early 2018: $1 million in <br />City Housing Successor Agency revenues plus $4 million from the City of San Leandro’s <br />allocation of the A-1 Alameda County Housing Bond approved by voters in 2016. This 100% <br />affordable rental development will include 62 housing units and will be located on the corner of <br />Parrott Street and San Leandro Blvd. <br />Page 3 City of San Leandro Printed on 8/28/2018 <br />159