AgdaPkt 2016-06-27 Closed and Joint SA PFA

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REPORT To the Honorable Mayor and City Council From the City Manager June 27, 2016 SUBJECT Amendment No. 2 to the Agreement with Habitat for Humanity Greater San Francisco for Funds to Acquire 612 Jefferson to Develop New Affordable Housing RECOMMENDATION By motion, approve and authorize the City Manager to execute Amendment No. 2 to the agreement between the City of Redwood City and Habitat for Humanity Greater San Francisco for the pre-development expenses for construction of new affordable housing by extending the term of the agreement to June 30, 2017 BACKGROUND In FY 2014-2015 the City approved the award of $114,895 in Community Development Block Grant (“CDBG”) funds to Habitat for Humanity Greater San Francisco (“Habitat”) for the acquisition of a vacant site at 612 Jefferson for the development of 20 units of affordable ownership housing for low income households. Habitat completed the site acquisition in February 2015 and initiated site design. In FY 2015-2016 Habitat requested additional funds through the City’s annual CDBG fund allocation process and the City approved and awarded additional funds in the amount of $276,493 for pre- development expenses. These funds were provided through an amendment to the original agreement (Amendment No. 1 dated October 22, 2015). ANALYSIS Habitat initiated pre-development activities funded through agreement amendment No. 1 including project architectural design and engineering and submitted a development application to the City in November 2015. The application is currently under review by the City and Habitat has expended approximately $48,000 of the $276,493 for pre- development expenses. They have requested additional time to expend funds for pre- development activities, primarily for pending permits and fees. Following is Habitat’s updated project timeline, which retains the original project completion date: 6.1.O. - Page 1