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File #: 17-801HA    Version: 1 Name: Harris Village (formerly Comstock Place) Modification - 2863 West Steele Lane
Type: HA- Report Status: Agenda Ready
File created: 5/25/2017 In control: Housing Authority
On agenda: 6/12/2017 Final action:
Title: REPORT - HARRIS VILLAGE (FORMERLY COMSTOCK PLACE) MODIFICATION - 2863 WEST STEELE LANE BACKGROUND: The Housing Authority adopted Resolution No. 1611 on June 13, 2016, approving a commitment of loan funds in the amount of $180,000 to Habitat for Humanity of Sonoma County (“Habitat”) for Harris Village (formerly Comstock Place). At that time, the project included three new ownership houses for low-income households (up to 80% of Area Median Income); and Habitat planned to sell the existing house on the property at market rate to help finance the development. Habitat has since modified the project to rehabilitate the existing home for a low-income Habitat family, rather than sell it on the market. In addition to these project changes, the City Council conditionally committed Affordable Housing Incentive Fund Pilot Program funds for Harris Village on May 23, 2017. Some of the terms of the Council’s funding commitment differ from the terms of the Housing Authority’s funding commitment....
Sponsors: Housing and Community Services
Indexes: Exempt Project
Attachments: 1. Staff Report, 2. Attachment 1, 3. Attachment 2, 4. Resolution