CITY OF FAIRFIELD
RESOLUTION NO. 2025-44
AUTHORIZING THE CITY OF FAIRFIELD TO SUPERSEDE RESOLUTION 2025-14 APPROVING THE
ALLOCATING OF LOCAL HOUSING TRUST FUNDS TO DANCO COMMUNITIES FOR THE ACQUISITION AND REDEVELOPMENT OF PERMANENT SUPPORTIVE HOUSING AT 3331 NORTH
TEXAS STREET, FAIRFIELD, CA
WHEREAS, Danco Communities, a California corporation, is a developer with experience developing affordable and permanent supportive housing; and
WHEREAS, through a Notice of Funding Availability (NOFA) process, Danco Communities has demonstrated the ability to acquire, rehabilitate, and operate Permanent Supportive Housing projects for at-risk of homeless and homeless individuals; and
WHEREAS, Danco Communities has finalized and assigned a Purchase and Sales agreement to Fairfield North Texas Street LP, a California limited partnership, for the 100-unit hotel located at 3331 N. Texas St. to purchase and rehabilitate the property for the specified population. The project will consist of up to 100 units to be used for permanent supportive housing; and
WHEREAS, the development of these affordable units will help the City meet its affordable housing development obligation under the Regional Housing Needs Assessment (RHNA); and
WHEREAS, the City has established and funded the Fairfield Housing Trust Fund per Ordinance 2021-24, City Resolution 2021-304, and Fairfield Housing Authority Resolution 2021-15, in the amount of $1,100,000; and
WHEREAS, Danco Homes LLC submitted a proposal for this project, which was ranked and reviewed by a panel that determined that the project met all of the criteria for the Local Housing Trust Fund allotment of $1,000,000; and
WHEREAS, the City previously approved R esolution 2025 -14 at a public hearing during a regularly scheduled meeting of the City Council on January 21, 2025 , for “Danco Homes LLC, a non-profit developer” and said Resolution is the same as this Resolution; and
WHEREAS, Danco Homes LLC wishes to substitute the legal entity “Danco Communities” for purposes of funding; and this subsequent Resolution is necessary to acknowledge the change in legal structure of the Danco Communities.
RES. NO. 2025-44
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. The city manager or his designee (authorized officer) is authorized to set aside and direct $1,000,000 from the Fairfield Housing Trust Fund during fiscal year 2024-2025 and up to $535,542 in ProHousing Incentive P rogram (PIP) funds to support the development of the Affordable Units. These funds will be memorialized through a letter of funding commitment to Fairfield North Texas Street LP, a California limited partnership.
Section 2. The authorized officer is authorized to execute and deliver, for and in the name of the City of Fairfield, the Development Loan Agreement in substantially such form, with such additions or changes as the authorized officer executing the same, may approve such approval to be conclusively evidenced by such authorized officer's execution and delivery thereof and to do all things necessary or proper to ·implement the Development Loan Agreement, including the execution and recordation of agreements and documents contemplated by the Developmen t Loan Agreement.
PASSED AND ADOPTED this 18th day of March 2025, by the following vote:
AYES: MEMBERS: MOY/BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS NOES: MEMBERS: _________________________________________________ ABSENT: MEMBERS: _________________________________________________ ABSTAIN: MEMBERS: _________________________________________________
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MAYOR
ATTEST:
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CITY CLERK