HomeMy WebLinkAboutR07-Economic Development Agency
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ECONOMIC DEVELOPMENT AGENCY
DEVELOPMENT DEPARTMENT
OF THE CITY OF SAN BERNARDINO
REOUEST FOR COMMISSION/COUNCIL ACTION
FROM: BARBARA J. LINDSETH
Acting Director
SUBJECT:
INFILL HOUSING DEVELOPMENT
PROGRAM
DATE: December 13, 1994
SvnoDsis oeprovious Commission/Council/Committee Action(s):
On October 17, 1994, the Commwrity Development Commission approved an Infill Housing Development Program for
$300,000 on a citywide basis. FlD1hermore the Commission directed Agency staff to solicit Requests for Qualifications
(RFQ) from developers to participate therein.
Recommended Motion(s):
(Communitv DeveloDment Commission)
MOTION:
That the Community Development Commission approve, as the Agency infill housing developers, two
(2) respondents to the Requests for Qualifications (RFQ), Young Homes of California and Red Sun
Construction Company, and authorize the Acting Director to negotiate and execute an Owner
Participation Agreement (OP A) with both developers.
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BARBARA J, LINDSETH
Acting Director
Administrator
Contact Person(s): Barbara J. Lindseth/Robert J. Lemlev
Phone: 5081
Project Area(s): Central Citv Proiect Central Citv North. Uptown
Ward(s): Two (2)
Supporting Data Attached: Staff Reoort
FUNDING REQUIREMENTS: Amount:$ 300000
LowlMod
Source:
Budget Authority:
FY 1994-95 Bud2et
Commission/Council Notes:
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BJL:RJL:paw:infildev.cdc
COMMISSION MEETING AGENDA
MEETING DATE: 12/19/94
Agenda Item Number: '7
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DEVELOPMENT DEPARTMENT
OF THE ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
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IN FILL HOUSING DEVELOPMENT PROGRAM
On October 17, 1994, the Community Development Commission adopted the Agency's Infill Housing
Development Program and authorized staff to seek Requests for Qualifications from developers.
There were two (2) respondents to the Request for Qualifications (RFQ) for the Infill Housing
Development Program, Young Homes of California and Red Sun Construction Company.
Young Homes of California has built in excess of thirty (30) infill houses within the past three (3) years
within the City of San Bernardino. Young Homes participated with the Agency earlier this year in the
development ofa thirty-six (36) home subdivision at Randall and Meridian Street.
Red Sun Construction Company has built twelve (12) infill houses within the last two (2) years in the
City of San Bernardino. All of the homes constructed are of high quality within San Bernardino
communities.
It is the desire of the Agency to see the Infill Housing Development Program succeed and facilitate
housing opportunities for qualified first-time home buyers. Program funds will be utilized on a first
come, first serve basis in conjunction with each developer. Participating developers will be provided
financial assistance necessary to acquire vacant properties located throughout targeted areas. This
process will allow ongoing construction of high quality single-family houses. Further, in addition to the
land acquisition financial assistance, a portion of the repayment to the Agency loan may, however, be
revolved to be utilized as down payment assistance to qualified first-time home buyers.
Home buyer participation in the Infill Housing Program will be limited to low and moderate income
households (120% median income) with each of the homes being sold at "affordable" costs established
by Redevelopment law.
Based upon the foregoing, staff recommends adoption ofform motion.
JL~OJ.CA. CYJj~-rt
BARBARA J. LINDSETH, Acting Director
Development Department
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BJL:RJL:paw:infildev.cdc
COMMISSION MEETING AGENDA
MEETINGIM.TE: 12119/!)4
Agenda Item Number: -2