AgdaPkt 2018-03-26 Joint SA PFA - Laserfiche WebLink

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3 INTRODUCTION The City of Redwood City (“City”) is pleased to announce the development opportunity at 611 Heller Street (Site) in the Stambaugh-Heller neighborhood of Redwood City, bordering downtown. The Site is approximately 5,000 square feet or 0.11 acres, suitable for the development of a single family home and an accessory dwelling unit based upon current zoning regulations. The City is seeking proposals for the development of affordable ownership housing on the Site. Development teams experienced in high quality, affordable housing development are invited to submit their proposals for the project (“Project”). Project proposals must include the design, development, financing, construction, and proposed sales price of the affordable housing. The Project must conform to the current City General Plan, zoning and development standards available to view on the City’s website. The design must also be compatible with the surrounding historic Stambaugh-Heller neighborhood. The Project must include high quality design, materials, and construction and the sales price must be affordable to households of moderate income as defined in the San Mateo County schedule of Area Median Income for 2017. Applicants are encouraged to consult with the Redwood City Planning and Housing Division with questions relating to the development standards or Housing staff regarding the affordability requirements. The City reserves the right to use its Charter powers to effectuate the conveyance of the publicly-owned property identified in this Request for Proposal (RFP). A map showing the parcel configuration is attached in Appendix A of this RFP. The City anticipates that the RFP process will take several months, after which time staff will recommend to the City Council one entity for negotiation of the appropriate development agreement. The City’s Housing and Human Concerns Committee will also provide input prior to Council review. While the dates and schedule stated in this RFP represents the City’s preferred timetable, it shall not be considered binding upon the City. In addition, the submission of a proposal in response to this RFP shall not be binding upon the City nor construed as a contract with or commitment by the City. BACKGROUND The site at 611 Heller Street was acquired in December 2007 with former Redwood City Redevelopment Agency (RDA) Low-Moderate Housing Set Aside (LMH) funds for approximately $711,000. The former RDA acquired the site after the Redwood City Police Department and Code Enforcement found the existing property to be a long term, chronic nuisance hazard which endangered the life and safety of the public and the property owner defaulted on their loan and the bank foreclosed on the loan. The existing single family dwelling on the site had undergone extensive remodeling without permits, was in substandard condition and structurally unsafe. The City demolished the building, placed fencing around the site and initiated preliminary environmental reviews. In March 2008 the City completed the demolition of an existing single family residential unit on the site. The City completed a Phase I Environmental Site Assessment (ESA) in December 2007 and a Phase II ESA concurrently with a geotechnical exploration of the property in early 2009. Prior to the elimination of California redevelopment 6.1.A. - Page 10