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Agda Pkt 2025.11.24 Joint SA PFA
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Agda Pkt 2025.11.24 Joint SA PFA
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Last modified
11/25/2025 12:31:30 PM
Creation date
11/25/2025 12:28:05 PM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
11/24/2025
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Page 8 of 12 <br />Exhibit A <br />Location of Affordable Units by Floor Level <br /> <br /> <br /> <br />Parcel F – Parcel F is complete and operational. The following text references language from the original <br />Affordable Housing Plan dated 9/25/2020. As noted, Applicant is not proposing any changes to Parcel F and is <br />instead referencing the original figures and tables from the original entitlements. See tables below for <br />additional unit detail. <br /> <br />Parcel F will include 38 affordable units and one manager’s unit. The project would be jointly owned by Greystar <br />and HIP Housing and managed by HIP Housing Affordable Ventures, an affiliate of HIP Housing. The amenities <br />proposed for the affordable building include standard amenities such as a landscaped roof deck, but also a <br />community space for supportive service programs as well as job training and other services, all of which would <br />otherwise not exist in the market rate development. <br /> <br />Replacement Units from 1306 Main Street <br />The project proposes to purchase the City-owned building at 1306 Main Street which contains 22 BMR units at <br />the very low-income level and locate these units in Parcel F. The project will cover the relocation expenses for the <br />three existing tenants and one onsite manager residing at 1306 Main Street. The replacement units will be <br />BUILDING A <br />Sr/Jr 1 1 BR 2BR 3 BR Total <br />Level Total BMR Total BMR Total BMR Total BMR Total BMR BMR % <br />1 10 2 4 1 6 0 0 0 20 3 15% <br />2 22 2 8 1 1 1 0 0 31 4 13% <br />3 25 4 12 1 7 2 1 0 45 7 16% <br />4 25 4 13 3 8 1 1 0 47 8 17% <br />5 25 2 13 2 8 1 1 1 47 6 13% <br />6 13 2 12 1 7 1 1 0 33 4 12% <br />7 13 3 12 1 3 0 1 0 29 4 14% <br />133 19 74 10 40 6 5 1 252 36 <br />Req'd 19 10 6 1 <br />BUILDING D <br />Sr/Jr 1 1 BR 2BR 3 BR Total <br />Level Total BMR Total BMR Total BMR Total BMR Total BMR BMR % <br />1 2 2 1 1 0 0 13 0 16 3 19% <br />2 13 3 8 1 4 1 0 0 25 5 20% <br />3 24 2 15 4 6 1 1 1 46 8 17% <br />4 24 4 15 2 6 1 1 1 46 8 17% <br />5 24 4 15 3 6 1 1 1 46 9 20% <br />6 18 3 12 2 5 1 1 0 36 6 17% <br />7 17 4 12 1 4 1 1 0 34 6 18% <br />122 22 78 14 31 6 18 3 249 45 <br />Req'd 22 14 6 3 <br />8.B. - Page 42 of 120 <br />205
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