REPORT TO THE CITY IN ITS CAPACITY AS HOUSING SUCCESSOR TO THE
REDEVELOPMENT AGENCY OF THE CITY OF FRESNO
AND FRESNO REVITALIZATION CORPORATION
October 22, 2020
FROM: MARLENE MURPHEY, Executive Director
SUBJECT
Title
Actions pertaining to approximately 3.06 acres consisting of one parcel generally located at the southwest corner of Florence and Walnut and seven parcels located at the northwest corner of Florence and Plumas Avenue.
1. Adopt a finding of Categorical Exemption pursuant to Article 19, Section 15332 (Class 32-Infill) of the California Environmental Quality Act (CEQA)
2 Approve a Disposition and Development Agreement between the City of Fresno in its capacity as Housing Successor and Self-Help Enterprises for property located at the southwest corner of Florence and Walnut Avenues and the northwest corner of Plumas and Florence Avenues.
Body
RECOMMENDATION
It is recommended that the City of Fresno in its capacity as the Housing Successor to the Redevelopment Agency (FHS) adopt a finding of Categorical Exemption pursuant to Article 19, Section 15332 (Class 32 - infill) and approve a Disposition and Development Agreement with Self-Help Enterprises.
EXECUTIVE SUMMARY
The FHS is proposing to execute a Disposition and Development Agreement (DDA) with Self-Help Enterprises (SHE). The proposed agreement will provide for the construction of 16 single family homes with 8 homes marketed to first time home buyers at or below 80% of AMI and 8 homes marketed to first time home buyers at or below 60% of AMI. The DDA provides for the contribution of the FHS-owned vacant land, funding assistance and includes covenants for affordability. The proposed DDA complies with and helps FHS meet the requirements of SB 341 and advances community goals for affordable home ownership.
BACKGROUND
To provide affordable housing and eliminate blight the former Redevelopment Agency purchased properties with Housing Set Aside funds (HSA) including the subjec...
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