Planning and Building Department, Planning Division, Long Range Planning Division, Affordable Housing Unit, in accordance with Board of Supervisors Policy B-14, Traffic Impact Fee (TIF) Offset Program for Developments with Affordable Housing Units, recommending the Board: 1) Find that the El Dorado Senior Apartments Phases 1 & 2 project provides significant community benefit by providing housing that is affordable to very-low, low- and moderate-income households; 2) Make a conditional award of a Traffic Impact Fee Offset totaling approximately $1,103,806.00 (per current TIF Program Fee schedule, but subject to change with each TIF Program Fee schedule update) to offset 100% of 144 units affordable at various low-income levels, ranging from 20% to 70% of area median income; and 3) Authorize the Planning and Building Department Director, contingent upon approval by County Counsel and Risk Management, to execute all documents associated with the TIF Offset Program. (District 3) FUNDING: Federal and State Transportation Revenues.
What this record is
- Held by
- Affordable Housing Units 5 records across this site
- Amount
- $1.10M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- award
- Field
- Health & social
- Compared to
- $437K – $1.10M the middle half of 5 other Affordable Housing Units contracts; median $1.09M
health & social contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
Affordable Housing Units also holds
Planning and Building Department, Affordable Housing Unit, in accordance with Board of Supervisors Policy B-14, Traffic Impact Fee (TIF) Offset Progra… Planning and Building Department, Affordable Housing Unit, with concurrence from the Chief Administrative Office, in accordance with Board of Supervis… Planning and Building Department, Planning Division, Long Range Planning, Housing Unit, in accordance with Board of Supervisors Policy B-14, Traffic I… Planning and Building Department, Planning Division, Long Range Planning, Housing Unit, in accordance with Board of Supervisors Policy B-14, Traffic I…- Committee
- Board of Supervisors
- Requested by
- Planning and Building
- Introduced
- May 24, 2024
- On agenda
- June 25, 2024
- Passed
- June 25, 2024
Where it was heard
Board of SupervisorsWatch what El Dorado County buys
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