HomeMy WebLinkAboutMINUTES - 10221991 - IO.3 ;- I.O.-3
TO: BOARD OF SUPERVISORS
Y- F_ Contra
FROM: INTERNAL OPERATIONS COMMITTEE Costa
nl s
October 14, 1991 ��o. County
DATE: rrq-cou#� Pv,
SUBJECT: STATUS REPORT ON SHARED EQUITY/SHARED APPRECIATION AFFORDABLE
HOUSING PROGRAM
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION
Accept this status report from our Committee on the Shared
Equity/Shared Appreciation Affordable Housing Program for the
Oakley Redevelopment Project Area.
BACKGROUND:
We last reported to the Board of Supervisors on this subject
August 61. 1991, at which time the Board agreed that staff from
the Community Development Department should continue to review
the Oakley Redevelopment Proposal with the Oakley Municipal.
Advisory Council (.GMAC) and with the Housing Trust Fund Task
Force.
On October 14, 1991, Jim Kennedy reported to our Committee on the
status of these discussions. A copy of his report is attached to
this report. Discussions continue as OMAC debates their
willingness to support a project which may add to the supply of
affordable housing by locating some affordable housing in their
community.
In the meantime, Mr. Kennedy reported ' to us that the West
Pittsburg Municipal Advisory Council has indicated -an interest in
exploring such an affordable housing project. Mr. Kennedy will
be discussing such a possibility with West IPittsburg. We
CONTINUED ON ATTACHMENT:Y S YES SIGNATURE:
RECOMMENDATION OF COUNT D OR RECOMMENDATION OF BOARD COMMITTEE
APPROVE O
SIGNATURE(S): CHRODER SUNNE WEIGHT McPEAK
ACTION OF BOARD ON October 22, 1991 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT �— ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
CC: ATTESTED OCT 2 2 1991
Please see Page 2.
PHIL BATCHELOR,CLERK OF THE BOARD OF
SUPERVISORS AND COUNTY ADMINISTRATOR
M382 (10/88) BY Z DEPUTY
I.O.-3
anticipate another status report being made to our Committee on
December 9, 1991, following which we will make a further status
report to the Board of Supervisors.
cc: . County Administrator
Director, G.M. & E.D. Agency
Community Development Director
Jim Kennedy, Deputy Redevelopment Director
Contra Costa County
RECEIVED
OCT
0 :, 1991
CONTRA COSTA COUNTY REDEVELOPMENT AGENC�o��nt Office of
Y Admir;istrator
DATE: October 2, 1991
TO: Internal Operation ittee -
Supervisor t Schro er
Supervis Su ne McP ak
FROM: Jim Ken
Dep ty Direc r- edevelopment
SUBJECT: Eq ity S ng/Shared Appreciation Affordable Housing Program-Oakley
an evelopment Project Area.
At your August 6, 1991 meeting on the above topic, you requested staff to continue
a review of the Shared Equity/Shared Appreciation Affordable Housing proposal with
the Oakley Municipal Advisory Council. Staff has done this on two separate
occasions - August 19th and September 30th.
1. would characterize the Oakley Municipal Advisory Council as being interested, but
not yet willing to definitively commit to such an undertaking. Staff is scheduled to
continue its review of this proposal and other Redeveloprylent funding initiatives at
future OMAC meetings, the next one which is scheduled for October 21st.
The Committee also referred this proposal to the Housing Trust Fund-Task Force for
their review at its second meeting. That meeting is not scheduled until October 17th.
The item has been placed on the Housing Task Force's agenda.
JK/jb
. cc: Claude VanMarter
SRA 19/jb/iocoakle.mem