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CC 2018-06-26_12b Amendment_Habitat for Humanity Agreement_PP PresentationCONSIDERATION OF SECOND AMENDMENT TO AGREEMENT WITH HABITAT FOR HUMANITY TO CONTRIBUTE UP TO $110,800 OF THE CITY’S IN-LIEU AFFORDABLE HOUSING FUNDS TO COVER CITY TENTATIVE TRACT MAP APPLICATION FEES AND OTHER CITY PERMIT FEES FOR A VERY LOW INCOME HOUSING PROJECT TO SUBDIVIDE A 0.50-ACRE SITE INTO EIGHT (8) LOTS; LOCATION - 184 BRISCO ROAD; APPLICANT - HABITAT FOR HUMANITY FOR SAN LUIS OBISPO COUNTY 6/26/18 1 184 Brisco Road - Perspective Drawings 6/26/18 2 2 Background 2010 - Loan and Negotiation Agreement approved to acquire the property. 2013 - Affordable Housing Agreement approved. April 2018 - three (3) year time extension of the Agreement approved (new expiration date is May 14, 2021). June 5, 2018 – Land Use applications submitted (Tentative Tract Map and Planned Unit Development). June 18, 2018 – Architectural Review Committee recommended approval of project to Planning Commission. 6/26/18 3 3 Regional Housing Needs Allocation (RHNA) 6/26/18 4 4 Permit Fee Estimate 6/26/18 5 5 Recommendation It is recommended the City Council approve a Second Amendment to the Affordable Housing Agreement contributing up to $110,800 of the City’s In-Lieu Affordable Housing Funds to be used to pay City related fees for the 184 Brisco Road project. 6/26/18 6 6