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Council tables request to extend affordability covenants at senior complex; members seek longer-term terms or financing options
Summary
Owners of a senior housing property requested a one-year extension of affordability covenants; council members debated negotiating a longer term or seeking a city loan to preserve affordability. The council tabled the request to Sept. 2 and asked staff to explore options and get a formal offer from the owner.
The Huntington Beach City Council tabled a request from a senior apartment owner to extend affordability covenants for one year, citing unresolved questions about whether a longer extension or a financing arrangement should be pursued to protect residents. The property owner seeks to avoid short‑notice displacement of low‑income senior tenants when affordability covenants expire.
Nut graf: Staff said the owner asked for a one‑year extension to avoid…
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