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City of San Leandro <br />Meeting Date: July 19, 2021 <br />Resolution - Council <br />Agenda Section:File Number:21-456 ACTION ITEMS <br />Agenda Number: <br />TO:City Council <br />FROM:Fran Robustelli <br />City Manager <br />BY:Tom Liao <br />Community Development Director <br />FINANCE REVIEW:Susan Hsieh <br />Finance Director <br />TITLE:RESOLUTION of the City of San Leandro City Council to Approve the <br />Commitment and Allocation of City Affordable Housing Funding Sources to <br />Abode Communities for Acquisition and New Construction of a Proposed <br />72-Unit Affordable Housing Project at 15101 Washington Avenue in an Amount <br />Not to Exceed $7,000,000 ($5,015,000 from Alameda County Measure A-1 <br />Bond funding; $349,960 from California Housing and Community Development <br />Permanent Local Housing Allocation; and $1,635,040 from the City Low-Mod <br />Housing Asset Fund) <br />WHEREAS, in February 2021, the City released a competitive Request for Proposals <br />(RFP) for a qualified affordable housing developer with a viable affordable housing project that <br />would be eligible for the City’s affordable housing funds; and <br />WHEREAS, after careful review, the City selected Abode Communities as the RFP <br />awardee because it was best positioned to leverage the City’s local, county and state funds; and <br /> <br />WHEREAS, Abode Communities, a nonprofit housing developer, proposes to develop a <br />72-unit affordable rental housing project (“Project”) at 15101 Washington Avenue (the “Property”), <br />a 1.19 acre vacant site identified by the City’s Economic Development Division as a residential <br />opportunity site; and <br />WHEREAS, the Project will be 100% affordable, with units primarily designated for <br />very-low and extremely-low income households, with one manager’s unit; and <br />WHEREAS, the Project proposes 22 units designated as supportive housing and <br />targeted to homeless individuals and families who will be referred through Alameda County’s <br />Coordinated Entry System; and <br />WHEREAS, in order to make the Project financially feasible, Abode Communities will <br />Page 1 City of San Leandro Printed on 7/15/2021 <br />873