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Council approves affordable‑housing agreement for South Brea Townhomes and signals support for down‑payment assistance
Summary
City Council approved an affordable housing agreement with Brea 32 LLC for the 32‑unit South Brea Townhomes project (four units set aside). Staff requested direction on providing up to $400,000 in down‑payment assistance if a local housing trust grant is not awarded; the council voted 5‑0 to accept staff recommendations.
The City Council approved an affordable‑housing agreement with Brea 32 LLC for the South Brea Townhomes project and directed staff on financing options for down‑payment assistance to help low‑income buyers.
Senior Management Analyst Marie Dow summarized the project: the proposal would demolish an existing commercial structure at 685 South Brea Boulevard and construct 32 for‑sale townhome units, four of which are required to be affordable under the city's affordable‑housing ordinance. The project was submitted under SB 330 rules and was approved by the Planning Commission in July 2024. Condition of approval…
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