City Hall, Council

Chamber

City of Santa Rosa

100 Santa Rosa Avenue

Santa Rosa, CA

HOUSING AUTHORITY

REGULAR MEETING AGENDA AND

SUMMARY REPORT

AUGUST 26, 2024

1:30 P.M.

HOUSING AUTHORITY MEMBERS WILL BE PARTICIPATING IN THIS

MEETING IN THE COUNCIL CHAMBER AT 100 SANTA ROSA AVENUE.

ALL PUBLIC COMMENTS WILL BE PROVIDED IN PERSON OR VIA EMAIL

IN ADVANCE OF THE MEETING.

MEMBERS OF THE PUBLIC CAN PARTICIPATE IN THE MEETING BY

ATTENDING IN-PERSON FROM THE COUNCIL CHAMBER AT 100 SANTA

ROSA AVENUE (IT IS RECOMMENDED THAT SOCIAL DISTANCING BE

OBSERVED).

THE PUBLIC CAN ALSO VIEW OR LISTEN TO THE MEETING LIVE AT:

1. HTTPS://SANTA-ROSA.LEGISTAR.COM/CALENDAR. CLICK ON THE

"IN PROGRESS" LINK TO VIEW;

2. VIA ZOOM WEBINAR BY VISITING

HTTPS://SRCITY-ORG.ZOOM.US/J/86061786192

OR BY DIALING 877-853-5257 AND ENTERING WEBINAR ID:

860-6178-6192

3. COMCAST CHANNEL 28, AT&T U-VERSE CHANNEL 99; AND

4. VIA YOUTUBE AT HTTPS://WWW.YOUTUBE.COM/CITYOFSANTAROSA

Comments from the public will be allowed on all agenda items at the

time each item is called.

Email Public Comment: To submit and emailed public comment to the

Housing Authority Board, please send to: apaul@srcity.org by 5:00p.m,

on or before August 23, 2024. Identify in the subject line of your email

the Agenda Item Number on which you wish to comment. Email public

comments will be provided to all Housing Authority members prior to

the meeting.

IN THE EVENT A BOARD MEMBER PARTICIPATES REMOTELY BASED

ON JUST CAUSE OR

EMERGENCY CIRCUMSTANCES PURSUANT TO AB 2449, THE CITY

WILL ALSO ALLOW

FOR PUBLIC COMMENT THROUGH THE ZOOM LINK OR DIAL-IN

NUMBER ABOVE.

1. CALL TO ORDER

2. REMOTE PARTICIPATION UNDER AB 2449 (IF NEEDED)

To consider and take action on any request from a Board Member to

participate in a meeting remotely due to Just Cause or Emergency

Circumstances pursuant to AB 2449 (Government Code Section 54953(f)).

3. ROLL CALL

4. ELECTION OF OFFICERS

4.1

MOTION - ELECTION OF OFFICERS

RECOMMENDATION: It is recommended by the Housing and

Community Services Department that the Housing Authority elect a

Chair and Vice-Chair to serve with a term of office commencing on

August 26, 2024.

Staff Report

Attachments:

5. STATEMENTS OF ABSTENTION

6. STUDY SESSION

7. PUBLIC COMMENTS (ON NON-AGENDA ITEMS)

Comments from the public will be allowed on all agenda items at the time

each item is called. This is the time when any person may address the

Housing Authority on matters not listed on this agenda, but which are within

the subject matter jurisdiction of the Housing Authority. Each speaker will be

allowed three minutes.

8. APPROVAL OF MINUTES

8.1

Draft Minutes - June 17, 2024.

Draft Minutes - June 17, 2024

9. PROCLAMATIONS/PRESENTATIONS

Attachments:

9.1

PROCLAMATION - PROCLAMATION OF APPRECIATION FOR

THOMAS LAPENNA

Proclamation

Attachments:

10. CHAIRMAN/ COMMISSIONER REPORTS

11. COMMITTEE REPORTS

12. EXECUTIVE DIRECTOR REPORTS/ COMMUNICATION ITEMS:

12.1

PENDING DEVELOPMENT PIPELINE UPDATE Provided for

information.

Memorandum

Attachment 1

Attachments:

13. CONSENT ITEMS

14. REPORT ITEMS

14.1

REPORT - BURBANK HOUSING DEVELOPMENT CORPORATION

AND BURBANK HOUSING NEIGHBORHOOD REVITALIZATION

CORPORATION’S REQUEST FOR A CONDITIONAL

CONSOLIDATION, EXTENSION AND MODIFICATION OF LOANS

FOR 2862 AND 2866 APPLE VALLEY LANE, 2870 AND 2874 APPLE

VALLEY LANE, PAPAGO COURT, PAULIN CREEK, AND OLIVE

GROVE APARTMENTS

BACKGROUND: The Housing Authority has provided loans to Burbank

Housing Development Corporation and Burbank Housing Revitalization

Corporation (Burbank Housing) for five affordable housing properties in

the total principal amount of $13,868,472 representing a total of 228

units affordable to extremely low-, very low- and low-income

households. The properties, identified as 2862 and 2866 Apple Valley

Lane, 2870 and 2874 Apple Valley Lane, Papago Court, Paulin Creek

and Olive Grove Apartments, are being consolidated into a “scattered

site” application known as Apple Valley Scattered Sites to pursue tax

exempt bonds and tax credits to access funds for rehabilitation of the

project sites. The proposed consolidation includes a request to extend

the terms of the loans to June 30, 2082, as well as extend the term of

the Regulatory Agreements, securing long term affordability for 228

units for an additional 21 to 34 years through the extension of each

regulatory agreement.

RECOMMENDATION: It is recommended by the Housing and

Community Services Department that the Housing Authority, by five

resolutions, conditionally approve a consolidation, extension and

modification to the loans for 2862 and 2866 Apple Valley Lane, 2870

and 2874 Apple Valley Lane, Papago Court, Paulin Creek and Olive

Grove Apartments to: 1) consolidate the existing loans that are secured

on the five project sites; 2) forgive the accrued interest on the five

project sites at the time of loan modification; 3) extend the loan term(s)

for 57 years at the Applicable Federal Rate, with a floor of 3%; 4)

extend the term of the Regulatory Agreements recorded against each

project site to June 30, 2082; 5) assign the loans to Apple Valley Olive

Grove, L.P.; and 6) authorize the Executive Director to enter into any

and all agreements necessary to carry out the direction of the Housing

Authority.

Staff Report

Attachments:

Attachment 1 - Burbank Housing Request, 6.27.24

Attachment 2 - Modified Burbank Housing Request, 8.14.20

Attachment 3 - Papago Paulin Feasibility 08.13.24.pdf

Resolution - 1 2862 and 2866 Apple Valley Lane

Resolution - 2 2870 and 2874 Apple Valley Lane

Resolution - 3 Papago Court

Resolution - 4 Paulin Creek

Resolution - 5 Olive Grove

Presentation

15. ADJOURNMENT

The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or

employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats,

to enable persons with disabilities to participate in public meetings and programs are available by contacting the Housing

Authority Recording Secretary at (707) 543-3300 one week prior to the meeting/program.

This information can also be accessed via the internet at: http://www.srcity.org

____________________________________________________________

NOTE: Any writings or documents provided to a majority of the Housing Authority regarding any item on this agenda will be

made available for public inspection in the Department of Housing and Community Services located 90 Santa Rosa Avenue

during normal business hours.