Empower individuals & families ● Build community resilience ● Promote housing opportunities ● Enhance quality of life
HOUSING &
HOMELESS SERVICES
Item 7.2
Successor Agency Funding
HOUSING &
HOMELESS
SERVICES
Housing Successor Agency
• Administered by Housing Authority in its
capacity as Successor Agency
• Recycled loan funds
• Must be used for affordable housing production
• Approximately $7M Excess Surplus balance
Annual surplus must be committed by end of FY
$3 million previously committed on 3/4/25
Low and Moderate Income Housing Asset Fund
HOUSING &
HOMELESS
SERVICES
Notice of Funding Availability (NOFA)
• Released November 2024, due 12/20/2024
• $4.0M Successor Agency funds + potential $1M LHTF funds • Threshold Criteria
• Competitive Scoring
• Location
• Readiness
• Developer Experience
• Cost-Effectiveness, Affordability, Overall Quality
HOUSING &
HOMELESS
SERVICES
NOFA Submittals
Park Hill UMC
545 East Naples
Wakeland Housing &
Development Corp.
E St Apts
201 Third Ave
Community HousingWorks
Terraces on Third
647 Third Ave
SBCS & Kevin M.
O’Neill Construction
HOUSING &
HOMELESS
SERVICES
Community HousingWorks
Communities
Homes
Units in Pipeline
Year Established
HOUSING &
HOMELESS
SERVICES
Community HousingWorks
of portfolio located
in San Diego County
66%
HOUSING &
HOMELESS
SERVICES
Development Team
STEPHEN SWIECICKI
VP of Forward Planning
ROBERTOGARCIA
Project Manager
KEVIN LEICHNER
Senior VP of Housing &
Real Estate Development
Community HousingWorks Architect/GC/PM
HOUSING &
HOMELESS
SERVICES
Development Team
HOUSING &
HOMELESS
SERVICES
Community HousingWorks
Kimball Highland Apartments | National City
Keeler Court | San Diego
La Costa Paloma | Carlsbad
HOUSING &
HOMELESS
SERVICES
201 Third Avenue
HOUSING &
HOMELESS
SERVICES
Planning Commission
Approval
June 13, 2018
Market-rate proposal
23 Units
201 Third Avenue – Site History
Substantial Conformance & Density
Bonus
December 6, 2022
Mixed-income proposal
53 units
2018 2019 2020 2021 2022 2023 2024 2025
Ministerial Approval
100% Affordable
79 units
HOUSING &
HOMELESS
SERVICES
Streamlined Land Use Approvals
Multiple paths to permits
• Existing entitlements
• Substantial conformance or plan change
• AB 2162 (by right approvals for supportive
housing; parking minimums waived)
• SB 35 (by right approvals)
• AB 2097 (waives parking req's)
HOUSING &
HOMELESS
SERVICES
E Street Apts
• 79 units, 5 stories
• Primarily studios (75 units)
• 20 units reserved for people
with Intellectual and
Developmental Disabilities
(IDD)
HOUSING &
HOMELESS
SERVICES
Unit Affordability
Bedroom Type(s) Number of Units Monthly Rent Plus
Utilities
Income Category
(AMI)
Studio 10 $795 30%
Studio 8 $1,326 50%
Studio 57 $1,591 60%
2 Bedrooms 1 $1,023 30%
2 Bedrooms 1 $1,705 50%
2 Bedrooms 1 $2,046 60%
Total: 78 Average AMI: 54.6%
HOUSING &
HOMELESS
SERVICES
Building Plan
HOUSING &
HOMELESS
SERVICES
Parking and Mobility
• Onsite, underground parking not feasible
• Frequent bus service, transfer options to E
Street Station
• Bike parking onsite
• Parking lot at Center and Garrett
• CV Community Shuttle
• IDD households unlikely to drive or own cars
• Marketing outreach targeted to car-lite
households who work and shop on Third Ave
or Bayfront
HOUSING &
HOMELESS
SERVICES
Parking and Mobility
Attract car-lite households who live, shop, and work locally
HOUSING &
HOMELESS
SERVICES
San Diego Regional Center
• 53 years of experience
• 41,000+ clients
• Main Lead Service Provider for San
Diego region
• Forms Planning Team in collaboration
with client, family members, friends,
service coordinator, etc.
HOUSING &
HOMELESS
SERVICES
Services and Special Needs
Major impairment in 3+ areas:
• Self-care
• Communication
• Learning
• Mobility
• Self Direction
• Capacity for Independent Living
• Economic Self Sufficiency Individualized plans may include:
• Social recreational services
• Transportation
• Nutrition, hygiene, and life skills
• Support and advocacy
HOUSING &
HOMELESS
SERVICES
Project Timeline
Milestone Date
Consideration of Successor Agency
Award
March 18, 2025
HCD MHP Application April 15, 2025
City Loan Closing (if approved) June 2025
County Funding Application September 2025
CDLAC/TCAC Joint Application January 2026
CDLAC/TCAC Award May 2026
Construction Start September 2026
Construction Completion February 2028
HOUSING &
HOMELESS
SERVICES
Summary
Location: Close to amenities, appropriate for project type, would enhance Third Ave corridor
Readiness: Moving forward quickly
Developer Experience & Overall Proposal Quality:
Highly experienced developer, thorough proposal
HOUSING &
HOMELESS
SERVICES
Recommendation and Next Steps
Housing Successor Agency approve
$4 million Successor Agency loan
for E St Apartments
If approved:
• Loan closing by June 30, 2025
• Loan to be repaid over 55 years from
operational income