Special Notice / Hearing: None__
Vote Required: Majority
To: Honorable Board of Supervisors (Sitting as the Board of Commissioners of the Housing Authority of the County of San Mateo)
From: Ken Cole, Executive Director, Housing Authority of the County of San Mateo
Subject: Authorization of a Master Affordable Housing and Property Disposition Agreement
RECOMMENDATION:
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Acting as the Governing Board of the Housing Authority of the County of San Mateo, adopt a resolution authorizing the Executive Director of the Housing Authority of the County of San Mateo, or the Executive Director's designee, to enter into a Master Affordable Housing and Property Disposition Agreement between the Housing Authority of the County of San Mateo and MidPen Housing Corporation to undertake pre-development and development activities for the Midway/Bayshore Redevelopment Project.
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BACKGROUND:
Midway Village is an aging, 150-unit affordable rental housing development located on approximately 12 acres in the Bayshore neighborhood of Daly City. It was built by the Housing Authority of the County of San Mateo ("HACSM") in the mid-1970s and has been continuously owned and operated by HACSM and recently its nonprofit affiliate, SAMCHAI. The City of Daly City (the "City") owns and operates David R. Rowe Park, also known as Bayshore Park (the "Park"), a neighborhood park located adjacent to Midway Village. Prior to May 11, 2017, the Bayshore Elementary School District (the "District") owned a one-half acre parcel containing the Bayshore Child Development Center (the "Childcare Center"), which parcel is located within the Midway Village site.
On March 29, 2016, the Board of Supervisors, sitting as the Board of Commissioners of HACSM ("Governing Board"), affirmed the concept of redeveloping the Midway Village site in order to provide new housing and associated amenities, and authorized HACSM to enter into a four-party Memorandum of Understanding ("MOU") with ...
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