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Council delays decision on exclusive negotiating agreement for 50-unit senior affordable housing to Dec. 10
Summary
Staff recommended an exclusive negotiating agreement (ENA) with CNC Development for a proposed 50-unit senior affordable housing project at the Park Overflow Site; because one councilmember asked for more detail, the item was continued to the Dec. 10 meeting to preserve eligibility for state Permanent Local Housing Allocation funds due in February.
City staff recommended the council authorize an exclusive negotiating agreement (ENA) with CNC Development to begin entitlement work for a proposed 50-unit affordable senior housing development on the Park Overflow Site at Peyton Drive and Eucalyptus Avenue.
Community Development Director Nick Ligori said the housing element identified the site for 50 units targeted to very low- and low-income seniors and recounted a competitive selection process that narrowed applicants to three finalists. Staff described a lengthy negotiation with a developer called Related and later engagement with CNC, and recommended entering an ENA with CNC; staff also said another finalist had reviewed the draft agreement and found it industry standard.
Council members raised questions about negotiation history, timelines and the need for additional vetting. Ligori said the city must submit an application for the next round of Permanent Local Housing Allocation funding in February and estimated the round's allocation at roughly $300,000. To allow more time for questions from a council member while preserving the funding timeline, the council voted to continue the item to the Dec. 10 meeting for final direction.
