201 S. Anaheim Blvd.
Suite 201
Anaheim, CA 92805
Tel: (714) 765-4300
Fax: (714) 765-4630
www.anaheim.net
CITY COUNCIL AGENDA REPORT
City of Anaheim
HOUSING & COMMUNITY DEVELOPMENT
DEPARTMENT
DATE: SEPTEMBER 27, 2022
FROM: HOUSING & COMMUNITY DEVELOPMENT DEPARTMENT
SUBJECT: COOPERATION AGREEMENT TO TRANSFER PERMANENT
LOCAL HOUSING ALLOCATION FUNDS TO ASSIST WITH THE
ACQUISITION OF THE ANAHEIM LODGE MOTEL LOCATED
AT 837 S. BEACH BOULEVARD
ATTACHMENT (Y/N): YES ITEM # 13
RECOMMENDATION:
That the City Council, by Motion, approve a Cooperation Agreement for the transfer of Permanent Local Housing Allocation funds to assist with the acquisition of the Anaheim Lodge Motel by and between the City of Anaheim and the Anaheim Housing Authority, substantially in the form attached hereto; and authorize the Director of Housing and Community Development, or her designee, to execute and to administer the Agreement on behalf of the City.
DISCUSSION:
In 2018, the City of Anaheim (the City) adopted the Beach Boulevard Specific Plan to incentivize and facilitate the revitalization of Beach Boulevard. Development and revitalization efforts are currently underway including the 39 Commons mixed-use development project located at the northeast corner of Beach Boulevard and Lincoln Avenue and the future mixed-use development planned on the Housing Authority-owned site located at the southeast corner of Beach Boulevard and Lincoln Avenue.
The Anaheim Lodge (Motel) is an existing 45-unit motel located at 837 S. Beach Boulevard in Council District 1. Shivam Hotel, LLC (Seller) has agreed to sell the Motel to the Anaheim Housing Authority (Authority) for $7,600,000.
Funding to acquire the Motel will be sourced in whole or in part, from Permanent Local Housing Allocation and/or Low Moderate Income Housing Asset funds in the amount of $7,600,000. The Cooperation Agreement by and between the City and the Authority will Cooperation Agreement (Transfer of PLHA funds) for the Anaheim Lodge Motel September 27, 2022
authorize the transfer of available Permanent Local Housing Allocation funds to the Authority to assist with the purchase of the Motel.
After completion of the Motel purchase, staff will issue a Request for Proposals (RFP) to solicit Developer proposals for the purposes of creating a mixed-use development inclusive of varying affordable housing opportunities in alignment with the Beach Boulevard Specific Plan. After the RFP process is complete, staff will present the selected proposal to the Authority’s Governing Board for review and approval.
IMPACT ON BUDGET:
There are sufficient funds in the Housing & Community Development Department’s FY 2022/23 budget to acquire the property out of the Low and Moderate Income Housing Asset Fund with funding provided by the Permanent Local Housing Allocation grant. The grant award received from the State’s Permanent Local Allocation Fund is restricted for affordable housing and provides funding for the acquisition of property.
Respectfully submitted,
Grace Ruiz-Stepter
Housing & Community Development Director
Attachments:
1. Cooperation Agreement
2. Vicinity Map