Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors
From: Raymond Hodges, Director, Department of Housing
Subject: Agreements with MidPen Housing related to the Development and Operation of an Affordable Housing Project in Redwood City for Extremely Low-Income and Very Low-Income Households and Special Needs Households including those experiencing homelessness.
RECOMMENDATION:
title
Adopt a resolution:
A) Authorizing and directing the Director of the Department of Housing ("DOH"), or designee, to execute the new Exclusive Negotiating Agreement with MidPen Housing Corporation, or an affiliate entity, to afford the parties sufficient time to negotiate the terms of both a Development Agreement and an Agreement to provide long-term site control of property located at 1580-1590 Maple Street in the City of Redwood City (the "Property") to MidPen Housing, or an affiliate entity, for the purpose of developing and operating an affordable housing development on the Property for extremely low-income and very-low income households and special needs households including those experiencing homelessness; and
B) Authorizing and directing the Director of DOH, or designee, in conjunction with MidPen Housing, to submit, or cause to be submitted, to the City of Redwood City all necessary entitlement application documents required for development of the Property as affordable housing to proceed in accordance with State law; and
C) Authorizing and directing the Director of DOH, or designee, in consultation with the County Attorney, to negotiate and enter into a Development Agreement with MidPen Housing, or an affiliate entity, regarding design, development, construction, ownership, and management of the Property as affordable housing, including the provision of supportive services at the Property; and
D) Authorizing and directing the Director of DOH, or designee, in consultation with the County Attorney, to negotiat...
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