REPORT TO THE CITY COUNCIL
FROM: JENNIFER K. CLARK, Director
Planning and Development Department
THROUGH: PHIL SKEI, Assistant Director
Planning and Development Department
BY: CORRINA NUNEZ, Project Manager
Housing and Community Development Division
SUBJECT
Title
Actions pertaining to the development of Avalon Commons Phase I, a 60-unit affordable multifamily housing project to be located at 7521 N. Chestnut Avenue in northeast Fresno (District 6).
1. Approve a $2,654,771 HOME Investment Partnerships Program Agreement with Fresno Avalon Commons Phase I, LP for 11 HOME-assisted units within the project; and
2. Authorize the City Manager to execute a Permanent Local Housing Allocation Agreement with Fresno Avalon Commons Phase I, LP in the amount of $345,229, approved as to form by the City Attorney's Office; and
3. Authorize the City Manager to sign all implementing documents required by the United States Department of Housing and Urban Development and the California Department of Housing and Community Development.
Body
RECOMMENDATION
Staff recommends the City Council Approve a $2,654,771 HOME Investment Partnerships (HOME) Program Agreement (Exhibit "A" - HOME Agreement) with Fresno Avalon Commons Phase I, LP for the development of Avalon Commons Phase I, a 60-unit affordable multifamily housing project of which 11 units will be HOME-assisted; and Authorize the City Manager to approve and execute a Permanent Local Housing Allocation (PLHA) Agreement with Fresno Avalon Commons Phase I, LP in the amount of $345,229, approved as to form by the City Attorney's Office; and Authorize the City Manager to sign all implementing documents required by the United States Department of Housing and Urban Development (HUD) and the California Department of Housing and Community Development (HCD).
EXECUTIVE SUMMARY
On August 10, 2022, the Planning and Development Department selected the Housing Authority of the City of Fresno's Avalo...
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