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230815_Item 21_Greenvalley_Support_Ltr_(8-4-23)

Fairfield City Council
August 4, 2023

Document
230815_Item 21_Greenvalley_Support_Ltr_(8-4-23)
Meeting
August 4, 2023
Body
Fairfield City Council
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1
Original file
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Text extracted from the city's file for reading and search. Open the original on eservices.fairfield.ca.gov. That file is the official record.

1510 J Street, Suite 210 | Sacramento, CA 95814 | 916.444.2221 | www,cahcc.com

August 4, 2023

The Honorable Catherine Moy
Mayor
City of Fairfield
1000 Webster St
Fairfield, CA 94533

Dear Mayor Moy and Fairfield City Council Members:

On behalf of the California Hispanic Chambers of Commerce (CHCC), we are wri�ng to express our support for the Spanos Corpora�on’s proposed mul�family project in Fairfield. The CHCC and its network of over 125 regional Hispanic and Diverse chambers and associa�ons represent the interests of California's 815,000 Hispanic-owned businesses. Through advocacy, educa�on, and empowerment programs, the CHCC brings California's small business issues and needs to the forefront of California and na�onal poli�cal agendas.

The Fairfield regional economy faces challenges similar to other communi�es in California, the geographic brain-drain of young professionals as they depart the region and opt for housing in the Bay Area. The Green Valley 3 mul�family project provides the type of housing and ameni�es that atract young people and nearby military service members, who enhance the regional high-skills workforce, providing an atrac�ve base for prospec�ve high-value employers. The CHCC is suppor�ve of California achieving its housing goals and par�cularly mul�family development, where people living in dense housing use fewer resources and contribute less to climate change than people in single-family homes with landscaping and large spaces to heat and cool.

The housing shortage is not an unintended policy failure. California has a housing shortage because of decades of vo�ng and organizing against housing. Adding supply at all levels helps protect exis�ng non- wealthy residents from being priced out of their homes. The CHCC is commited to advoca�ng for smart policies which benefit Hispanic-owned businesses and their families by providing housing op�ons to allow mul�-genera�on proximity to family-owned businesses, high-wage jobs, and ul�mately, business succession planning that leads to mul�-genera�onal wealth transfer.

The Spanos Corpora�on is a longstanding supporter of the Hispanic business community at both the state level and in local communi�es. The company develops projects that endure and enhances the communi�es where they build. We urge you to support the development of Green Valley 3.

Sincerely,

Julian Canete Bob Gu�errez
President & CEO Chairman of the Board

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