Item 8 - Affordable Housing ProjectSeptember 1, 2020 , Item #8M EMQRAN DLJ M City of Poway DATE: TO: FROM: SUBJECT: Summary: September 1, 2020 Members of the City Council John Mullin, Councilmember Affordable Housing Project There is no question that there is an enormous need for affordable housing throughout the County. Poway is certainly no exception. We can and should take pride in the role the City has played producing our existing affordable housing projects -and even more so with regard to the affordable projects under construction -Villa de Vida and the affordable component in the Meridian project (Poway Commons). I am proposing that we don't stop there. We should do what we can to help produce affordable housing both because it helps satisfy our Regional Housing Needs Assessment (RHNA) allocations and because it is the right thing to do. Our Housing Authority currently owns three prospective sites for affordable housing: Monte Vista, Twin Peaks and Big Stone Lodge. In the past, we have expressed a desire to focus on providing affordable housing for veterans. Additionally, after having watched the overwhelming response to Villa de Vida by the developmentally disabled community, it is abundantly clear that this is also an underserved segment of the affordable housing demand. Recommended Action: I am seeking Council concurrence to direct staff to prepare a Request for Proposals from the producers of affordable housing to suggest a project with the following guidelines: • The proposal may be for any of the three housing sites; and • The proposal should include a mix of market and income segments with approximately half of the units designed for developmentally disabled adults and the remaining targeted for veterans. I am aware of how complex the regulations are for these projects and how difficult they can be to finance and construct. Consequently, I am suggesting that we not include specifications beyond these and then evaluate the proposals to see how close we can get to meeting these objectives. Attachments: None. Reviewed/Approved By ~r( ~ ~ Wen~Kaserman Assistant City Manager 1 of 1 Reviewed By: Alan Fenstermacher City Attorney Approved By: c~ City Manager