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HomeMy WebLinkAboutMINUTES - 10181988 - 1.49 1-049 TO: Redevelopment Agency FROM: Phil Batchelor, Contra Executive Director Costa DATE: October 12, 1988 County SUBJECT: HUD 202 Senior Housing Development, West Pittsburg SPECIFIC REQUEST(S) OR RECOMMENDATIONS AND BACKGROUND AND JUSTIFICATION RECOMMENDATIONS Acknowledge receipt of report and direct the Redevelopment Director to continue working with sponsors of non-profit senior citizen projects in West Pittsburg and other Redevelopment Project Areas. FISCAL IMPACT None. REASONS FOR RECOMMENDATIONS/BACKGROUND Redevelopment Agency staff recently cooperated with a developer and a non-profit organization, Volunteers of America, Inc. to submit an application for funding of a 41-unit Senior Housing Development under HUD' s 202 Program. The project was sited along Willow Pass Road in the West Pittsburg Redevelopment Project Area. While not producing tax increment revenues to' the Agency, the project would have provided housing for the . benefit of low and moderate income persons, as well as, the long-term positive impact of increased sales tax revenue for the County and the secondary impacts associated with physical improvements in the project area. Staff was notified this past week that the application was not successful and the project will not be funded. Another HUD 202 project application, located in the E1 Sobrante area, was favorably received and will be funded. It is possible that the two projects competed against each other since only one project tends to be funded in a county. Staff will follow-up with this application to investigate the potential for another application in the West Pittsburg Project Area during the next funding cycle. CONTINUED. ON ATTACHMENT: YES SIGNATURE: L. s21 RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMEND N OF AE CY Comm, EE APPROVE OTHER SIGNATURE(S) : ACTION OF AGENCY ON October 18,1988,PPROVED AS RECOMMENDED X OTHER VOTE OF COMMISSIONERS X UNANIMOUS (ABSENT ) I HEREBY CERTIFY THAT THIS IS A AYES: NOES: TRUE AND CORRECT COPY OF AN ACTION ABSENT: ABSTAIN: TAKEN AND ENTERED ON THE MINUTES OF THE REDEVELOPMENT AGENCY ON THE DATE SHOWN. cc: County Administrator ATTESTED October 18, 1988 Community Development Department PHIL BATCHELOR, Redevelopment Director AGENCY SECRETARY JK:krc ra29: 10-18-88.ral BY ,DEPUTY