REPORT TO THE CITY COUNCIL
FROM: JENNIFER CLARK, Director
Planning and Development Department
PHILIP SKEI, Assistant Director
Planning and Development Department
BY: JENNIFER DAVIS, Senior Management Analyst
Housing Finance Division
SUBJECT
Title
Actions pertaining to the Parkview Apartments affordable rental housing project located along the Parkway Drive Corridor, Fresno, CA (Council District 3):
1. ***RESOLUTION - Adopt a Resolution in support of a contribution of City funds in the amount of $6,000,000 and a contribution of three City-owned parcels along the Parkway Drive Corridor to Cesar Chavez Foundation for the development of the Parkview Apartments affordable rental housing project, and authorizing the City Manager, or designee, to execute all necessary documents on behalf of the City (Subject to Mayor's Veto)
Body
RECOMMENDATION
Staff recommends City Council adopt a Categorical Exemption pursuant to Section 15301 (Class 1) and Section 15332 (Class 32) of the California Environmental Quality Act (CEQA) Guidelines and a Resolution in support of a $6,000,000 contribution of City funds and the contribution of three City-owned parcels along the Parkway Drive Corridor to Cesar Chavez Foundation for the development of the Parkview Apartments affordable rental housing project, and authorizing the City Manager, or designee, to execute all necessary documents on behalf of the City.
EXECUTIVE SUMMARY
The Cesar Chavez Foundation (Developer) is proposing to develop the Parkview Apartments, a 144-unit affordable rental housing project on three City-owned sites located along the Parkway Drive Corridor. The project will consist of both the rehabilitation of existing units and new construction, offering permanent affordable housing options.
Adopting the Resolution will provide a conditional commitment of $6,000,000 in City funds and a contribution of three City-owned parcels to the Developer to support the development of the Parkview Apart...
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