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Item 8.2 - Habitat for Heroes OF CITY OF POWAY ~ ''s'; em, T1IE cO`) MEMORANDUM TO: Mayor and Members of the City Council FROM: Jim Cunningham, Councilmember DATE: April 1, 2014 SUBJECT: Habitat for Heroes With the loss of the Redevelopment Agency, and most of the funding to provide for State-mandated affordable housing units, cities throughout the State are looking for creative ways to build affordable housing without putting too much of a burden on their general fund. One such program is the CalVet / Habitat for Humanity program (Habitat for Heroes) that provides for funding and housing for our honorable Veterans. Many return home from service to our country only to find that they cannot afford to buy a home and raise their families in quality communities such as Poway. This program seeks a partnership with our City to provide affordable housing for our Veterans, with minimal funding from the City, while at the same time satisfying some of the State's mandated housing needs for our community. This unique, joint state and non-profit venture provides affordable home-ownership opportunities for military veterans. Low mortgages are made possible through generous monetary, material, labor and land donations, and also through a required 500-hour time commitment from the military member who will benefit from the new housing. Thus far, Habitat for Heroes has built homes in the California cities of San Juan Capistrano, Santa Clarita Valley, and Sylmar. Additional homes will be built in the near future in the cities of Cypress, Santa Ana and La Habra. I propose that the City Council request staff to pursue further discussions and negotiations with Habitat for Humanity and CalVet to evaluate the feasibility of developing affordable housing for veterans in our community. 1 of 1 April 1, 2014, Item #8.2