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Huntington Beach council approves TEFRA for Pelican Harbor, trims proposed 99‑year affordability term to 60 years
Summary
After public testimony urging protection of seniors and extended debate over municipal subsidies and developer financing, the council approved a TEFRA resolution enabling tax‑exempt bonds for Pelican Harbor and substituted the developer’s proposed 99‑year affordability extension back to 60 years in a 4–3 vote.
Huntington Beach city leaders on Oct. 31 approved a Tax Equity and Fiscal Responsibility Act (TEFRA) resolution allowing tax‑exempt financing for the Pelican Harbor senior affordable housing project and voted to limit an affordability covenant to 60 years rather than the 99‑year term the applicant requested.
The special meeting drew more than a dozen public speakers during a continued public hearing, many urging the council to preserve housing for low‑income seniors and people with disabilities. Mayor Burns closed public testimony before a lengthy council discussion that centered on how tax credits, tax‑exempt bonds and Section 8 vouchers finance the project and on the fiscal precedent set by long affordability terms.
Advocates said Pelican Harbor provides housing for unhoused seniors and described the development as largely filled with Huntington Beach residents. "My hope is that each of you will look at the good that this project provides, the housing…
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