TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
|
Planning and Community Development |
Carol V. Helland |
425-556-2107 |
DEPARTMENT STAFF:
|
Planning and Community Development |
Jeff Churchill, AICP |
Planning Manager |
|
Planning and Community Development |
Ian Lefcourte, AICP |
Senior Planner |
TITLE:
title
Adoption of a Resolution Approving the Allocation of $572,700 to A Regional Coalition for Housing (ARCH) for the Development of Affordable Housing
a. Resolution No. 1555: A Resolution of the City Council of the City of Redmond, Washington, Authorizing the Duly-Appointed Administering Agency for A Regional Coalition For Housing (ARCH) to Execute All Documents Necessary to Enter Into Agreements for the Funding of Affordable Housing Projects, as Recommended by the ARCH Executive Board, Utilizing Funds from the City’s Housing Trust Fund
OVERVIEW STATEMENT:
recommendation
Staff recommends that the City Council adopt a resolution (Attachment A) to authorize the allocation of $572,700 from the Housing Trust Fund to A Regional Coalition for Housing (ARCH) to finance affordable housing projects in East King County communities per the December 2021 Housing Trust Fund (HTF) Recommendations (Attachment B).
ARCH was created in 1992 through an interlocal agreement of several city governments and King County to address housing needs in East King County; it currently has 16 member jurisdictions. The ARCH Executive Board reviews funding requests received from non-profit housing providers every fall for projects related to affordable housing. The ARCH Executive Board provides recommendations to member Councils for funding early the following year. These recommendations must be approved by member Councils. This process is conducted annually.
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☒ Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
☐ Receive Information ☐ Provide Direction ☒ Approve
REQUEST RATIONALE:
• Relevant Plans/Policies:
The Comprehensive Plan Housing Element provides a framework for housing goals, policies, and actions to address housing needs that advance the City’s vision. Policy HO-4 calls for cooperation with ARCH and others in the funding of affordable housing.
• Required:
Per the interlocal agreement between ARCH and the City, Council approval is needed to authorize the allocation of funds to ARCH for affordable housing.
• Council Request:
N/A
• Other Key Facts:
This is an annual process with ARCH and associated member jurisdictions.
OUTCOMES:
After careful deliberation, the ARCH Executive Board concurred with the recommendations of the ARCH Community Advisory Board and recommends funding $3,175,000 for four projects. The total request of Redmond is $572,700.
1. Horizon at Totem Lake
a. Funding Request of Redmond: $337,000
b. Affordable Units: 300
2. Hope Starts Here
a. Funding Request of Redmond: $28,100
b. Affordable Units: 25
3. LEO at Trailhead
a. Funding Request of Redmond: $56,000
b. Affordable Units: 5 (and 1 Manager Unit)
4. New Ground Kirkland
a. Funding Request of Redmond: $151,600
b. Affordable Units: 14
Detailed descriptions of the projects, funding requests, rationale, and recommended conditions of funding for projects by the ARCH Executive Board are included in Attachment B.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
• Timeline (previous or planned):
2021-2022
• Outreach Methods and Results:
ARCH staff met with member cities’ planning and human services staff to conduct a preliminary review of applications before forwarding applications to the Community Advisory Board (CAB). The CAB is recruited using public notices, website announcements, and email communications with the help of member cities. The CAB is appointed by the Executive Board.
• Feedback Summary:
2021 Award Recommendations are included in Attachment B.
BUDGET IMPACT:
Total Cost:
$572,700
Approved in current biennial budget: ☒ Yes ☐ No ☐ N/A
Budget Offer Number:
CIP Budget - Citywide Investments
Budget Priority:
Vibrant and Connected
Other budget impacts or additional costs: ☐ Yes ☒ No ☐ N/A
If yes, explain:
N/A
Funding source(s):
Capital Investment Program (CIP)
Functional Area: General Government - $572,700
Budget/Funding Constraints:
Funds dedicated to providing increased affordable housing choices for a diverse population through contributions to ARCH (A Regional Coalition for Housing).
☒ Additional budget details attached
COUNCIL REVIEW:
Previous Contact(s)
|
Date |
Meeting |
Requested Action |
|
3/1/2022 |
Committee of the Whole - Planning and Public Works |
Receive Information |
Proposed Upcoming Contact(s)
|
Date |
Meeting |
Requested Action |
|
N/A |
None proposed at this time |
N/A |
Time Constraints:
Timely approval of the ARCH Executive Board request for the Housing Trust Fund recommendations will allow for the timely allocation of funds for affordable housing in East King County.
ANTICIPATED RESULT IF NOT APPROVED:
If not approved, ARCH will not have Redmond funds to contribute to the regional efforts to advance affordable housing projects that meet urgent local priorities.
ATTACHMENTS:
Attachment A - Resolution - Draft
Attachment B - 2021 Award Recommendations Binder