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Resolution 15371CITY OF ALAMEDA RESOLUTION NO. 15371 AUTHORIZING THE USE $1.67 MILLION OF THE BASE CITY ALLOCATION TO SUPPORT THE ROSEFIELD REDEVELOPMENT PROJECT, AS REQUIRED FOR APPLICATION TO ALAMEDA COUNTY RENTAL HOUSING DEVELOPMENT FUND WHEREAS, in November 2016, Alameda County voters passed a $580 million Countywide Housing Bond (Measure Al) which will fund countywide housing development programs; and WHEREAS, $425 million of the total Housing Bond is allocated to the Rental Housing Development Fund to assist in the creation and preservation of affordable rental housing for vulnerable populations and $225 million is allocated as "Base City Allocation" funding to Alameda County jurisdictions based on a geographical allocation formula, which for the City of Alameda's Base Allocation is approximately $10.4 million; and WHEREAS, at least $3.34 million of the Base City Allocation remains available to be committed to future affordable rental projects; and WHEREAS, the Housing Authority of the City of Alameda owns the Rosefield project and has determined that the project has reached the end of its useful life and must be redeveloped; and WHEREAS, the Housing Authority has provided affordable housing in the City of Alameda since 1939; and WHEREAS, the Housing Authority is a highly qualified nonprofit affordable housing developer that has constructed or caused to be constructed over 1000 units of affordable housing throughout Alameda; and WHEREAS, the Housing Authority has obtained City Site Plan approval to construct up to 80 new units at the Rosefield site; and WHEREAS, the Planning Board on September 11, 2017 found that the project is exempt from CEQA pursuant to California Public Resources Code Sections 21159.21, 21159.23 (exemption for affordable housing) and 21159.24 (exemption for infill affordable housing), and furthermore, the project does not trigger any of the exceptions in CEQA guidelines, Section 15300.2 in that the project will not have any significant effects due to unusual circumstances or any cumulatively significant impacts and will not adversely impact any designated historic resources; and WHEREAS, on December 20, 2017 the Housing Authority Board of Commissioners committed $5.7 million of funds to support this redevelopment project; and WHEREAS, the Housing Authority has requested a commitment of $1.67 million of the City Base Allocation to help support the construction of 78 new affordable housing units. NOW THEREFORE, BE IT RESOLVED that the City Council authorizes the commitment of $1.67 million of the Base City Allocation to the Rosefield redevelopment project .1, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 17th day of April, 2018, by the following vote to wit: AYES: Councilmembers Ezzy Ashcraft, Matarrese, Oddie, Vella and Mayor Spencer — 5. NOES: None. ABSENT: None, ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the seal of said City this 18th day of April, 2018. Lara. Weisiger, G* Clerk Cityof Alameda APPROVED AS TO FORM: Janet C./ kern, City Attorney City of Alameda