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Title:
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REPORT - REPORT - REQUEST TO REALIGN PROJECT BASED VOUCHER ALLOCATION FOR 3575 MENDOCINO AVENUE ACROSS TWO PROJECT PHASES
BACKGROUND: On January 25, 2021, BRJE Phase I Housing Partners, L.P. was awarded an allocation of 30 Project Based Vouchers (PBVs) for Phase I of 3575 Mendocino Avenue, an affordable senior development within a master plan for the 13.3 acre site where the Journey’s End Mobile Home Park stood before it was destroyed in the October 2017 Tubbs fire. At the time of the proposal selection, all 30 PBVs were needed to make Phase I of the project feasible. Since that time, the project has received additional funds and created design efficiencies to reduce construction costs, resulting in a request to move 13 PBVs from Phase I to Phase II of the project. The net allocation of 30 PBVs for the entire project remains the same, with 17 vouchers allocated to Phase I and 13 vouchers allocated to Phase II.
RECOMMENDATION: It is recommended by the Housing and Community Services De...
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