REPORT TO THE CITY COUNCIL
May 21, 2015
FROM: JENNIFER K. CLARK, Director
Development and Resource Management Department
BY: JOSE TRUJILLO, Manager
Housing and Community Development Division
SUBJECT
Title
Actions pertaining to the HOME Investment Partnerships Program, Community Housing
Development Organization Agreement with Habitat for Humanity Fresno County, Inc.:
1. Adopt a finding of Categorical Exemption for the Lotus/Effie Project; and
2. Approve a $200,000 Agreement for the construction of affordable single-family houses to be located at 2541 S. Lotus Avenue and 325 N. Effie Street
Body
RECOMMENDATIONS
Staff recommends the City Council adopt a finding of Categorical Exemption pursuant to the California Environmental Quality Act (CEQA) Guidelines, Section 15332 (Exhibit "A" - CEQA Categorical Exemption form), for the Lotus/Effie Project, and approve a $200,000 HOME Investment Partnerships (HOME) Program, Community Housing Development Organization (CHDO) Agreement (Exhibit "B" - HOME CHDO Agreement) with Habitat for Humanity Fresno County, Inc. (Habitat), for the construction of affordable single-family houses to be located at 2541 S. Lotus (A.P.N. 479-174-13), in southwest Fresno, and 325 N. Effie Street (A.P.N. 459-162-08) in the Jefferson area (Exhibit "C" - Project Location Map).
EXECUTIVE SUMMARY
On June 20, 2014, Habitat was selected as the CHDO developer to receive $200,000 for its Lotus/Effie single-family housing project. The CHDO Agreement is structured so the $200,000 CHDO loan is proportionally conveyed to the two proposed homebuyers as a second mortgage. Upon completion of each house, the property will be conveyed through escrow to a low-income homebuyer. Also upon completion, the City will forgive $10,000 of each homebuyer's respective portion of the CHDO loan to make the homes more affordable. In addition to the CHDO second mortgage assistance, the homebuyers will receive "sw...
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