7.D.
City Council Meeting - FINAL
- Meeting Date:
- 04/16/2024
- Co-Submitter:
- Jennifer Mikelson
- From:
- David McIntire, Community Investment Director
TITLE:
Consideration and Ratification of Letter of Support: Foundation for Senior Living's request for funding to Senator Sinema's Office.
STAFF RECOMMENDED ACTION:
Ratify the letter of support submitted to Senator Sinema's Office on behalf of the Foundation for Senior Living and the affordable housing projects they are planning to construct in downtown Flagstaff.
Executive Summary:
The Foundation for Senior Living is requesting funding from Senator Sinema's Office to supplement Low Income Housing Tax Credit Funding and contributions from the City of Flagstaff Bond Rental Incentive Program funding. As the City has approved bond funding, and considers the project beneficial to affordable housing goals, a letter was provided supporting their application. The letter is attached.
Financial Impact:
The letter of support has no financial impact on the City other than to support funds coming into the community to address the affordable housing crisis.
Policy Impact:
The Council has already shown support for the Foundation for Senior Living affordable housing projects through its own contributions, so the letter does not change or clarify any policy.
Previous Council Decision or Community Discussion:
Council approved Bond Rental Incentive Program funding for these two affordable housing projects on March 19, 2024, and previously approved specific modifications to the development standards for the site plan.
Options and Alternatives to Recommended Action:
Council may ratify the letter or provide feedback regarding the concerns they have with the letter.
Connection to PBB Priorities and Objectives:
| Support social services, community partners, and housing opportunities |
Connection to Regional Plan:
Policy LU.11.4. Encourage various housing types that appeal to a diverse range of
ages and income.
ages and income.
Connection to Carbon Neutrality Plan:
Not applicable
Connection to 10-Year Housing Plan:
Incentivize the creation of affordable units for various programs and mechanisms.
Protect people from housing discrimination and remove housing barriers
Ensure affordable housing is a part of every Flagstaff neighborhood and work to address disparate impact as part of any development or redevelopment.
Protect people from housing discrimination and remove housing barriers
Ensure affordable housing is a part of every Flagstaff neighborhood and work to address disparate impact as part of any development or redevelopment.