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Council approves site‑control letter for 150‑unit Legacy Ridge senior affordable housing
Summary
As part of the consent calendar, Council accepted staff’s site‑control letter of intent enabling developer Jim Jernigan to pursue funding (tax credits, vouchers) to build 150 senior affordable units under the Surplus Land Act; staff will return with an Affordable Housing Agreement in roughly a year.
On April 21 the council advanced site control for Legacy Ridge, a proposed 150‑unit affordable senior project on city‑owned surplus land. Staff said the letter of intent allows the selected developer—Jim Jernigan’s Rancho Balago Development and Kingdom Development nonprofit—to pursue state tax credits, county vouchers and other funding sources needed to package the project.
City Manager Brian Mohan explained the site‑control item is a step in the Surplus Land Act process and that, if funding is secured, staff will bring an affordable‑housing agreement back to council likely within about a year. The project aims to preserve affordability covenants and eventually dedicate the land to the developer under an agreement to be approved later.
The item was presented as a staff report and then approved as part of the consent calendar with a unanimous vote. Council members asked staff for examples of the developer’s prior work (Cottonwood phase one and two and Lynwood Rose were cited) to confirm the developer’s track record.
What happens next: staff will return with a formal Affordable Housing Agreement and additional details (unit mix, financing commitments and regulatory covenants) as the developer packages funding, anticipated within roughly 12 months.
