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File Number: 21-444 <br />Senate Bill 2 (SB 2), known as the Building Homes and Jobs Act (Act), which established a $75 <br />recording fee on real estate documents to increase the supply of affordable housing. The Act <br />PLHA program administered by the California Department of Housing and Community <br />Development (HCD). The PLHA provides a permanent source of funding to cities and counties to <br />help meet affordable housing needs by increasing the supply of affordable housing units. The City <br />submitted a PLHA funding application in 2020 to the State and was approved to receive an <br />estimated total of $2.1 million over a five year period from 2019 to 2023. <br />The third source of funding that has been identified and is recommended to be awarded to this <br />project is the City Low-Mod Housing Asset Fund. <br />Abode Background and Proposed Project Description for Washington Avenue <br />Apartments <br />Abode is a mission-based nonprofit that has served California for more than 50 years. It utilizes a <br />multi-disciplinary and collaborative approach and is well known as a service-enhanced affordable <br />and supportive housing provider. It also has demonstrated innovation in sustainable or LEED <br />design and development. Abode has built and operates 48 affordable housing communities in <br />California with over 3,000 units. <br />The proposed 72-unit affordable family housing project will be 100% affordable to primarily very <br />low- and extremely low-income renters. The 72 units will consist of 3 studios, 33 one-bedroom, <br />18 two-bedroom, and 18 three-bedroom. One of the units will be for an on-site manager. Abode <br />plans to set aside about 20 units for permanent supportive housing for homeless and at-risk <br />homeless families and households. Per the City’s 2015-2023 Regional Housing Needs Allocation <br />(RHNA) mandate, the City still has to build 518 very low- and low-income units. Therefore the 72 <br />units proposed by Abode will help meet the State-mandated affordable housing production goal. <br />Shared amenities in the development will include a resident’s center with programming provided <br />by Abode, landscaped courtyard, play area and laundry. There will be 73 automobile parking <br />spaces and 80 bicycle parking spaces. <br />The total development cost for the Washington Ave Apartments is $8 million dollars. See <br />Attachment A (Proposed Sources/Uses), summarizing the proposed project funding sources and <br />development costs. <br />Next Steps <br />If the City Council adopts the proposed Resolution, the City and Abode will immediately submit an <br />application to the Alameda County Housing and Community Development Department for the <br />City’s remaining share of approximately $5 million in County A-1 Bond monies funding for the <br />proposed Washington Avenue Apartments this summer. Upon approval by the Alameda County <br />Board of Supervisors, Abode will receive a contract from the County for the City’s remaining <br />approximately $5 million. <br />Abode intends to use the State Senate Bill (SB) 35 streamlined zoning approval process. <br />Adopted in 2017 by the State, SB 35 allows projects that meet certain criteria to undergo <br />Page 3 City of San Leandro Printed on 7/15/2021 <br />868