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� <br /> Attachment 8 � - <br /> .� <br /> �� <br /> , Santa Clara County ibusing Ac�on Coafiti'on ���� <br /> The Santa Clara County Housing Actlon Coalition is comprised of a broad range ol organizations and individuals who have, <br /> as a common goal, the vision ol affordable, well-constructed and appropriately located housing <br /> October 14, 2004 <br /> Honorable Mayor, City Council members and Planning Commissioners <br /> City of Redwood City - <br /> Post Off'ice Box 391 <br /> Redwood City, CA 94063-0391 <br /> To the Honorable Mayor, City Council members and Planning Commissioners: <br /> On behalf of the Santa Clara County Housing Action Coalition we aze writing to express our <br /> support for the Villa Montgomery development proposal at El Camino Rea1 between Vera <br /> Avenue and Lincoln Avenue by First Community Housing. <br /> By way of reference, the Housing Action Coalition includes more than 100 organizations and <br /> individuals. Its goal is the production of well-built, appropriately-located homes that are <br /> affordable to families and workers in Silicon Valley. Organizations participating in the HAC <br /> include the Silicon Valley Manufacturing Group, the Home Builders Association, Greenbelt <br /> Alliance, the Sierra Club, the League of Women Voters, numerous local governments, several <br /> chambers of commerce, Santa Clara County Association of Realtors, Tri-County Apartment <br /> Association, and the Affordable Housing Network. <br /> Villa Montgomery would provide 58 affordable rental homes for families making 20-50% of the <br /> area median income. These deep affordability levels make it possible to provide much-needed <br /> homes to valuable members of the community such as schoolteachers and child caze workers. <br /> Since First Community Housing is targeting such deep affordability levels, the project becomes <br /> expensive to develop and the subsidies required aze higher. The benefits to the community, in our <br /> view, justify the significant subsidies that will be necessary to fund the project. First <br /> Community's commitment in the Villa Montgomery project to provide a green building that is <br /> appropriately located neaz existing bus routes, a Caltrain Station, and Downtown for needy <br /> families makes it an exemplar of responsible development that will bene�t the entire community. <br /> Thank you for your consideration of our comments. We appreciate staff's support of the Villa <br /> Montgomery project by First Community Housing and look forward to the Council's approval. <br /> The Council's approval will be an example for other cities of the type of financial commitment <br /> that can and should be done by those who aze seriously committed to making housing "truly <br /> affordable." <br /> Sincerely, - � �� � '? � <br /> � <br /> , � I <br /> � `�' 3�� <br /> � � L r, u <br /> �- . .. . r, '' j"+� <br /> Lee Wieder , « <br /> HousingAction Coalition Co-Chair � � � ��� �,' � � �".�� ����� <br /> Access Partners <br /> cc: Geoff Morgan <br /> Maureen Riordan <br /> Housin� Action Coalition, c% SVMG, 224 Airport Parkway, Suite 620, San Jose, CA. 95110 <br />