HomeMy WebLinkAboutMINUTES - 10241995 - C70 Contra
TO: REDEVELOPMENT AGENCY
..� > Costa
FROM: Phil-' Batchelor County
Executive Director
r" `°""`�
DATE : October. 24, 1995
SUBJECT: North Richmond Revitalization Strategy
SPECIFIC REQUEST(S) OR RECOMMENDATIONS (S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
APPROVE and AUTHORIZE the Executive Director, or his designee, to
enter into a Memorandum of Understanding with the City of Richmond,
to implement the North Richmond Revitalization Strategy.
FISCAL IMPACT
No impact on the General Fund. Funding for the County projects is
provided for in the 1995-96 Redevelopment Agency budget for the North
Richmond Project Area.
BACKGROUND/REASONS FOR RECOMMENDATIONS
In December 1991, the North Richmond community appeared before the
Board. of Supervisors to request their help in revitalizing the area.
In January 1992, the Board requested that the Redevelopment Agency
prepare a short-, mid-, and long-term Redevelopment Strategy for the
North Richmond community. The North Richmond community approv d this
CONTINUED ON ATTACHMENT: _ NO _ YES SIGNATURE : /�✓'�i�
RECOMMENDATION OF EXECUTIVE DIRECTOR RECOMMEN T ON OF NCY COMMIT E
APPROVE OTHER
SIGNATURES)
ACTION OF AGENCY ON APPROVED AS RECOMMENDED OTHER
VOTE OF COMMISSIONERS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT ) TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE REDEVELOPMENT
AGENCY ON THE DATE SHOWN.
Contact: Beth Lee Gr
646-4076 ATTESTED
cc: CAC) .
Redevelopment Agency PHIL BATCHELOR
County Counsel AGENCY SECRETARY
Community Development
Via Redevelopment
City of Richmond BY _ I 0
CHDC DEPUTY
LISC
strat-egy in February 1992 . On March 3, 1992, the Board accepted
the North Richmond Redevelopment Strategy that consisted of four
program component areas : (1) administrative; (2) industrial and
employment related; (3) gommunity facilities; and (4) housing
rehabilitation and new construction. On June 21, 1994, the Board
endorsed a joint application with the City of Richmond for federal
Enterprise Community designation. The application provided for a
comprehensive and coordinated City/County effort to address
community issues in the greater Richmond area. On December 6,
1994, the Redevelopment Agency adopted its Implementation Plan for
the North Richmond Redevelopment Area. This plan set forth a
comprehensive strategy for agency activities, including housing, to
address the blighting conditions in North Richmond.
Housing rehabilitation and new construction has been a focal point
for both the County and City of Richmond to create a catalyst for
improvement in the greater North ' Richmond area. To maximize
efforts and financing opportunities, staff recognizes the need to
coordinate out activities. As a result, County and City staff have
created a North Richmond Revitalization Strategy for housing
activities . This strategy is embodies in a Memorandum of
Understanding between the County Redevelopment Agency and the City.
This strategy addresses four issues : (1) increasing homeownership;
(2. ) eliminating vacant and abandoned buildings; (3) deferred
maintenance and property management for rental properties; and
( 4 ) using housing development as a stimulus for economic
development . This strategy outlines an action plan and sets goals
for area improvements . Most County projects are included in the
1995-96 Redevelopment Agency budget year.
0
Oi:T-12-1995 09:12 P.02
MEMORANDUM OF UNDERSTANDING
This Memorandum of Understanding is entered Into this— day of
—, 1995, by and between the Local Initiative Support Corporation ("LISC"), the Contra
Costa County Redevelopment Agency ("County"), the Redevelopment Agency of the City of
Richmond ("City"), and the Community Housing Development Corporation of North Richmond
,("CHDC") to cooperatively pursue the revitalization of the North Richmond neighborhood.
1. RECITALS
A. The North Richmond neighborhood is located in C66sus tr60-2950.02 and includes
approximately 2.25 square miles,two-thirds of whic'Kiles withit.,f,«tho",.,u'hincorporated.".'
area of Contra Costa County with the remaining pne-third,,Iy'j-hg'*[thf -4� e ...
City oft
Richmond.
S. CHDC is a neighborhood-based housing develtiftft6tW.Ap whose_,orpo ration mission Is to
provide permanent affordable housing In North Rithillidn'd-and to Improve the total
'
economic and social well-being of the North Fjj?�6 md6dbkdmunity.
C. In the Spring of 1994,.LISC initiated a neiodihood stmt ia"�4 g16� nning process whose
purpose was to generate a plan which',W66Id,'b- '.eI0.'QHDC td,`#&tablish priorities and to
provide guidance as to the locatiOnjitYPO, 4M�;("��MRot tial feasibility of
. "', - .,fln21
appropriate development. At thatzsame tim"i# the'"'0 6�lht
0
_V`and the City began a series
of workshops and communIty,meetings.,which' re;ul�Iln the development of an
enterprise community plan.,
D. Both the Ll SC strategic plah and the`.M-.*. Co ity enterprise plan identified the need
and the IMportance..6f--revitalizing ih' -7N6ft#",'!Richmond community and all the parties to
this,':'0 mi'dirandum!6f dndbrstanding 4"Ife to cooperate to encourage this
reviftaI[±iktId6`;and reddghizdO'he need for a long-term commitment to the revitalization
effort.
E. `#.--,City ari`d"CHDC have generally agreed that the revitalization
strategy should''adW-
r.ds ,;thefollowing:
t-;` The need td:lncr�ase the level of home ownership in North Richmond from the
current rate bf 28% in the unincorporated area and 32% In the City of
Richmond'.
jo approximately 50%throughout the area.
The:i66bd to either reclaim or remove vacant and abandoned buildings which
!b as a from the North Richmond community.
3. The need to address the issues of deferred maintenance In rental units and
poor property management procedures among owners of rental properties In
the area.
'bCT-12-1995 09:13 P.03
4. The potential to use new housing development as a catalyst for the overall
economic development of North Richmond.
II. AGREEMENT
Now, therefore, be it resolved that LISC, the County, the City and CHDC hereby agree to
work cooperatively to pursue housing and other community and economic oppprtunities
within the North Richmond community.
A. Elements of the Revitalization S#rateov
LISC, the County and the City agree to coordinate theirlundingfdAQ the area o a t
r.:-".
achieve a greater measure of success in the development of nwJhousin jti , re y
leveraging available funds to increase the level of pe financing in the are :' pecificaily,
rrvaf
the following projects will be Jointly supported;
1, Anchor Developments - New Construction
• Parkway Estates an 87-unit mixed'466.ome singi6'it,d'..il.w''development on
Gertrude Street in the unincarpprafedarea of the Ciunty. The County has
j a,
committed to the protecC = :ISG his eTnmitted ;
and the City will commit$300,000.00 to the deva'Eopment.
• Senior Citizens Apar* is - a,02-unit lold ncome rental development at the
comer of Third and. l esley Sheets. Thatounty has committed
to the project; LISC has comrhjged "' ; and the City has committed
$150,000.00 tp the idevelop,Mz' t :_
2. Scaerodita.Devetoprnent=;-Infill New Construction and Acquisition/Rehabilitation.
LISC, the trty;_e City ai�d,CHDC agree that the elimination of vacant and
abandorte <properties,and tfii:,provislon of homeownership opportunitles for low-
income families'is;!an;�.jmportant part of the revitalization process. Therefore;
~: For the next'fiveixyears, the City will commit to providing funds to CHDC to
assist in the,acquisition and development of 10 new units of housing for low-
income first time homebuyers in the North Richmond area. These funds can be
used either for new construction or acquisition and rehabilitation of vacant and
ned properties.
%h^
The County will provide funds to assist in the acquisition and rehabilitation of
vacant properties using the FHA 203K program.
2
P.04
-CICT-12-1995 09:13
3. Existing Owner-Occupied Homes - Home Improvement Loans
• The City and the County will participate in joint marketing activities to
encourage homeowners to participate in their respective low-interest home loan
program. The City will establish a deferred loan program for the North
Richmond area similar to the program available In the unincorporated area. The
City and the County will establish a goal of 10 new loans per year.
4. Rental Properties - Rehabilitation Loans and Property Management ,':�"
The City and the County will participate In Johiit markiM vities to
encourage rental properly owners to particrpate In rental
rehabilitation program. The City and the County of 1"O."Tiew
W
loans per year.
• The City will establish a property managom Oh"Vand malntenance"training
program available to all property owners mit
'iA City but will especially target
the North Richmond community.
• USC will provide comprehensive-Jr4pincf! 0 t CHD rea of rental property
management, ...
S. Funding-Erovisions
• USC, which was the origiridl generator of funds'46r this coordinated approach, has
previously committed to';&Alst QH,.
16 in its development projects in North
Richm,o,*pd and heret$x�commits to,rrjaWhWavailable up to$2,000,000.00 In the next
two,y'o*ar's!Jor addi lop,,4,.developm64"" n"'d--s In the North Richmond area.
• The 6 I U8 Y"co committed d approximately for the
com on italtzatib.h.*6"'trategy enumerated above. The County agrees to
work an 46113C to solicit future funding to support the
revit. 1 als�';f f�-411e.area.
.4 go,
;,The City has previdusil;"committed approximately
',y com for the components of
Rhe revitalization strategy enumerated above. The City agrees to provide up to
,"...,$600,000.00 in Q013G, HOME and Redevelopment Housing Set-Aside funds for each
the next fiveyears.
The8��JoEihg is agreed to this day of_,1995 by the Local Initiative Support
Corporation, the Contra Costa County Redevelopment Agency, the Redevelopment Agency
of the City of Richmond, and the Community Housing Development Corporation of North
Richmond.
3
6CT-12-1995 0914 P.05
RICHMOND REDEVELOPMENT AGENCY
By:
Its:
CONTRA COSTA REDEVELOPMENT AGENCY
By:
Its:
LOCAL INITIATIVE SUPPORT CORPORATION
Its.
..F:i1IZ�x
t 1, p••4,t Sbyi.
y•�V A�i tA:�,.l t�qs
COMMUNITY HOUSING DEVELOPMENT CORPORA'ClN
OF NORTH RICHMOND
By-
Its:
Attest:
Approved as to form:
Agency Counsel
rRT aim
Y..a
4
TOTAL P.05