CC915 Merced, Inc.
73 S. R Street
Site Background
• This site is 1 of 10 sites currently being surplussed by the Housing Successor Agency • April 2021 – CC915 answered our Request for Proposals for Affordable Housing Development Partners
• The project involves using container homes to house approximately 20 unsheltered veterans with permanent supportive services assisted by the Veterans Administration and the Merced Rescue Mission
• In October 2021, the City Council authorized an Exclusive Negotiation Agreement with CC915 • In 2022, we were awarded a Homekey Grant of $4.2 Million as partners with CC915 for this project
• Disposition of this property involves a Public Hearing, 33433 report, approving the sale and Disposition Development agreement by Resolution
Project Details
• 4 Apartment Units and Future Accessory
Dwelling Unit
• One on-site Manager’s Unit (but with separate
office)
• Total of 22 beds/22 baths
• Would be affordable to individuals with an
income that does not exceed 30% of the Area
Median Income (AMI).
• Targeting unsheltered veterans
• Would remain affordable for at least 55 years.
Parking Requirement – reduced from 7 parking stalls to 6 parking stalls.
Lot Area –Density normally 1 unit per 6,000 s.f. Proposed is 1 unit per 5,103 s.f.
Maximum Units on R-1-6 Zone Lot – Normally maximum is 3 units per lot.
Proposed is maximum of 4 units on lot.
Duplex on R-1-6 Zone Lot - Normally requires at least 2 street frontages.
Proposed subject site has 1 street frontage.
Cost savings in infrastructure cost with reduced parking lot.
Savings in building duplexes instead of stand-alone units (consolidating construction on foundations, roofs, utility tap-ins).
Cost savings on 4 units and future Accessory Dwelling Unit on one lot instead of having to do a lot split and paying parcel map fees and separate utility connection fees.
Concessions
&
Waivers
Justifications
If a project provides low-income housing and meets the
requirements of the Density Bonus Law, the City is
required to provide one or more “concessions” or
“incentives” to a project that qualifies for a Density
Bonus.
If a project provides low-income housing and meets the
requirements of the Density Bonus Law, the City is
required to provide one or more “concessions” or
“incentives” to a project that qualifies for a Density
Bonus.
City Council
Requested Actions
Hold a Public Hearing & Consider a Resolution
1. 33433 Report
2. Approving the sale of 73 S. R Street
3. Disposition & Development Agreement
Adopt a motion
1. Environmental Review #22-26 (Categorical Exemption)
2. Regulatory Agreement – Containing Covenants
3. Density Bonus #22-02