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HC 3-27-2025 PresentationsMary Avenue VillasCity of Cupertino NOFA Application Housing Commission –March 27, 2025 Applicant: Charities Housing Development Corporation In partnership with: Cupertino Rotary Housing Corporation Housing Choices Coalition City of Cupertino West Valley Community Services CHARITIES HOUSING •Our Mission To develop, preserve, own and manage affordable homes for low-income individuals and their families. Through service enhanced property management and structured resident involvement, Charities Housing contributes to the highest standards of human dignity and participation in our community. •Serving Santa Clara County –local developers •Incorporated in December of 1993 •Resident services provided by Catholic Charities •Portfolio •In operation: 31 properties, 1,717 units •Under construction: 3 properties, 244 units •Entitled: 7 properties, 957 units •Pipeline/land holding: 8 properties, 650 units Charities Housing: Committed Community Partner The Veranda: Senior Housing •19 Units – Affordable Senior Housing •Cupertino, CA •Unit Type: Studios Location Overview Project Information Project Information •Two, 2-story residential, buildings •40 apartment homes: 39 resident apartments 100% affordable + one 2-bedroom staff apartment •3 Studios •22 One Bedrooms •14 Two Bedrooms •Income Limits: 30% - 50% AMI •19 (47.5%) units serving Intellectual and Developmental Disability population Local Funding Impact •$3,000,000 from the City’s BMR and PLHA funds will provide approx. 8% of project funding, making a very large impact on the Mary Avenue Villas budget. •Local source will provide a significant boost in scoring for state and tax credit applications. $3,000,000 will generate a higher tax credit tiebreaker score by 6-7 percentage points compared to currently recommended funding. •Funding through the City’s BMR and PLHA sources will better leverage the City’s prior investment in the site. •The time is now to make 8+ years of planning a reality for IDD housing. Project Development Status •3/15/22 - Council voted unanimously to proceed with the proposal of Council Work Program to: Circulate an RFQ/RFP for qualified housing developers in accordance with the State’s Surplus Land Act. RFP issued 8/18/22. •10/18/22 - RFP response submitted •7/20/23 - Draft ENA sent by City •4/15/24 –ENA signed between the Developer and the City with unanimous Council approval •Community Outreach Meetings July 2024 and January 2025 •Today – Preliminary Review by all departments complete. Entitlement package submitted to the City and under review. •https://www.mary-ave-villas.com Services •Resident Services from Catholic Charities •Referrals to financial resources •Referrals to mental health resources •Education classes surrounding health and nutrition •Community events for residents •Additional Support from Housing Choices •Case management and support for residents with intellectual and developmental disabilities •West Valley Community Services Eden Housing Phase 1 Mary Avenue Villas Population Teachers, School District Employees Incomes Served 101 total Units 0 Extremely low income 0 Very Low Income 34 Low Income 67 Moderate Income Target Area For residents county-wide Funding Resources Has greater access to other funding resources. Including 14 other cities Cost Recovery Analysis Cost CAN be offset by rental prices Readiness Less shovel-ready BMR Needs Needs Less Cupertino BMR Persons with Intellectual and Developmental Disabilities (IDD) 40 Total Units 20 Extremely Low Income 19 Very Low Income 0 Low Income 0 Moderate Income For Cupertino Residents Has less access to other funding resources Cost CANNOT be offset by rental prices More shovel-ready Needs More Cupertino BMR Mary Avenue VillasCity of Cupertino NOFA Application Housing Commission –March 27, 2025 Applicant: Charities Housing Development Corporation In partnership with: Cupertino Rotary Housing Corporation Housing Choices Coalition City of Cupertino West Valley Community Services CHARITIES HOUSING Our Mission To develop, preserve, own and manage affordable homes for low-income individuals and their families. Through service enhanced property management and structured resident involvement, Charities Housing contributes to the highest standards of human dignity and participation in our community. Serving Santa Clara County –local developers Incorporated in December of 1993 Resident services provided by Catholic Charities Portfolio In operation: 31 properties, 1,717 units Under construction: 3 properties, 244 units Entitled: 7 properties, 957 units Pipeline/land holding: 8 properties, 650 units Charities Housing: Committed Community Partner The Veranda: Senior Housing 19 Units –Affordable Senior Housing Cupertino, CA Unit Type: Studios Location Overview Project Information Project Information Two, 2-story residential, buildings 40 apartment homes: 39 resident apartments 100% affordable + one 2- bedroom staff apartment 3 Studios 22 One Bedrooms 14 Two Bedrooms Income Limits: 30% -50% AMI 19 (47.5%) units serving Intellectual and Developmental Disability population Local Funding Impact $3,000,000 from the City’s BMR and PLHA funds will provide approx. 8% of project funding, making a very large impact on the Mary Avenue Villas budget. Local source will provide a significant boost in scoring for state and tax credit applications. $3,000,000 will generate a higher tax credit tiebreaker score by 6-7 percentage points compared to currently recommended funding. Funding through the City’s BMR and PLHA sources will better leverage the City’s prior investment in the site. The time is now to make 8+ years of planning a reality for IDD housing. Project Development Status 3/15/22 -Council voted unanimously to proceed with the proposal of Council Work Program to: Circulate an RFQ/RFP for qualified housing developers in accordance with the State’s Surplus Land Act. RFP issued 8/18/22. 10/18/22 -RFP response submitted 7/20/23 -Draft ENA sent by City 4/15/24 –ENA signed between the Developer and the City with unanimous Council approval Community Outreach Meetings July 2024 and January 2025 Today –Preliminary Review by all departments complete. Entitlement package submitted to the City and under review. https://www.mary-ave-villas.com Services Resident Services from Catholic Charities Referrals to financial resources Referrals to mental health resources Education classes surrounding health and nutrition Community events for residents Additional Support from Housing Choices Case management and support for residents with intellectual and developmental disabilities West Valley Community Services Housing Choices O U R M I S S I O N O p e n d o o r s f o r p e o p l e w i t h d e v e l o p m e n t a l d i s a b i l i t i e s b y c r e a t i n g a n d s u p p o r t i n g q u a l i t y , a f f o r d a b l e h o u s i n g o p p o r t u n i t i e s , e n s u r i n g t h e y l i v e r e w a r d i n g l i v e s i n h o m e s o f t h e i r c h o o s i n g . San Antonio Place, Mountain ViewIamesi Vilage, San Jose Luna Vista, Mountain View Meridian, Sunnyvale Estancia, Santa Clara Jasmine Square, Morgan Hill Our Current Examples of IDD Inclusive Affordable Properties Our Services for Regional Center Clients (SARC) H O U S I N G C O O R D I N A T I O N R E S I D E N T C O O R D I N A T I O N H O U S I N G A D V O C A C Y The Need Nearly 70% of Cupertino IDD adults still live with aging parents Cupertino has 325 people w ith devel opmental disabilities, including 122 adults. 61% of Housing Choices’ IDD clients in Santa Clara County earn 30% or less of the AMI, meani ng they ar e categorized as Extremely Low I ncome Inclusi vity Not Displacement IDD Housi ng in Cupertino has been Years on Years ef fort Reach Hous ing Elem ent Commitments