HomeMy Public PortalAbout2006-046RESOLUTION N0.2006.046
A RESOLUTION OF THE LYN HEO SE OF LOW ANDEMODERATE INCOIVIE OOD,
CALIFORNIA AUTHORIZING
HOUSING FUNDS FOR A PROPERTY LOCATED OUTSIDE OF PROJECT
AREA A AND ALAMEDA PROJECT AREA.
WHEREAS, Section 33334.2(g) of the California Health and Safety Code declares that
the Redevelopment Agency may use Low and Moderate Income Housing Funds "inside
or outside of the Project Area(s). The Agency may only use these funds outside the
Project Area(sl upon a resolution of the Agency and legislative body that the use (of these
funds) will be of benefit to the project area"; and
WHEREAS, the use of the low and moderate income housing funds for the Redwood
Estates Project will be of benefit to the project area by creating housing restricted to low
and moderate income households; and
WHEREAS Section 33334.2(a) of the California Health and Safety Code declares that
Low and Moderate Income Funds shall be used by the Redevelopment Agency for the
purpose of increasing, improving, and preserving the community's supply of low and
moderate housing available at affordable housing costs to persons and families of low
and moderate income; and
WHEREAS, The Redevelopment Project Area A does not have extensive property zoned
as residential within Project Area A as Project Area A lines the major thoroughfares of the
City of Lynwood including Atlantic Blvd., Alameda Blvd., Long Beach Blvd, Imperial
Highway, and Martin Luther King Blvd.; and
WHEREAS, There is no property within the Alameda Project Area which is zoned or
slated for residential development as it is primarily an active industrial and commercial
area; and
WHEREAS, Section 4.6 of the Third Five Year Redevelopment and Housing
Implementation Plan for Project Area A and Alameda (hereinafter "Five Year
Implementation Plan") approved in 2004 states that the Agency intends to "provide
assistance for the construction of public improvements necessary for the development of
new single family housing within and outside the project area. Such housing
development shall consist of property owners and local developers converting vacant
property into affordable and decent housing which will be of benefit to the Project Area."
WHEREAS, Section 4.6 of the Five Year Implementation Plan states that the "Agency
will assist with the construction of infill housing both within and outside the Project Area
which will be of benefit to the Project Area"; and
WHEREAS, Section 5.3(1) of the Five Year Implementation Plan requires that "Agency
housing should benefit the Project Area and other City neighborhoods outside the Project
Area"; and
WHEREAS, Goal 2 of the Five Year Implementation Plan states that the Agency
endeavors to "improve the housing quality of the existing housing stock through housing
rehabilitation assistance and enforcement procedures"; and
WHEREAS, the Redwood Estates Project located between 3123 and 3173 Redwood
Avenue, identified within the Five Year Implementation Plan, consists of homes which will
be restricted for sale to low and moderate income households for a term of no less than
45 years; and
WHEREAS, the Redwood Estates Project is located one block south of Project Area A
and one block east of the Alameda Project Area;
NOW, THEREFORE, BE IT RESOLVED as follows:
Section 1
The Lynwood Redevelopment Agency hereby finds and declares that the expenditure of
the Low and Moderate Income Housing funds for housing projects, rehabilitation loans or
grants outside of the Project Areas, and in particular, the specific Redwood Estates
Project, will be of benefit to the Project Area A and to the Alameda Project area as the
Redwood Estates Project is in close proximity to both the Alameda Project Area and
Project Area A.
Section 2
The expenditure of Low and Moderate Income Housing funds outside of Project Area A
and Alameda Project area on Redwood Estates will provide low and moderate income
residents within Project Area A and Alameda Project Area reasonable and affordable
housing and provide a benefit to the project area.
Section 3
This resolution shall go into effect upon passage.
PASSED, APPROVED and ADOPTED this 5th day of September 2006.
IA VASQUEZ, CHAIRMAN
ATTEST:
~,
ANDREA L. HOOPER
SECRETARY
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~1~ EN I~~~ UE ARTINE
EXEG,~TIVE DIRECTOR
APPROVE S TO RM:
~1VALD N. WILSON
AGENCY COUNSEL
STATE OF CALIFORNIA )
SS.
COUNTY OF LOS ANGELES )
I, the undersigned, Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the foregoing Resolution was passed and adopted by the Agency at its
regular meeting held on the 5th day of SEPTEMBER , 2006.
AYES: COUNCILMEMBERS, BYRD, JOHNSON, PEDROZA, SANTILLAN, AND VASQUEZ
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
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Andrea L. Hooper, Secretary
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
SS.
I, the undersigned,. Secretary of the Lynwood Redevelopment Agency, do hereby
certify that the above foregoing is a full, true and correct copy of Resolution No.
2006.046 on file in my office and that said Resolution was adopted on the date
and by the vote therein stated.
Dated this 5th day of SEPTEMBER, 2006.
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Andrea L. Hooper, Secretary
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