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CHC 04-18-96 ~'! MINUTES: OF THE REGULAR MEETING 'OF THE AFFORDABLE HOUSING COMMITTEE APRIL 18, 1996 CALL TO ORDER Kathy Robinson called thc meeting to order at 3:35 Members Present: Kathy Robinson, Steve Smith, Dick Schuster, Sylvia Machamcr Members Absent: Jill Collins Staff Present: Vera Gil, Yvonne Kelley Others Present: Judy Chen, Jim Jackson Approval of Minutes: Regular meeting of March 14 and Special meeting of March 26. Dick Schuster made motion to approve both sets of minutes, Sylvia Machamer seconded. VOTE: 3-0 Written Communications: None Oral Communications: None 1. Request for minor modification (Judy Chen)- Vera Gil stated that this item is Judy Chcn's request for a minor modification for her proposal to build a BMR project with low income units. She would like a few exceptions from what is specified in the Housing Mitigation Manual. After a lengthy discussion regarding what Ms. Chen is proposing and subsequent Committee comments, Ms. Chen re-thought her original request and proposed to: · Build three market rate units, and three "for sale" BMR units in the pool with all the City restrictions. These units would be moderate instead of median. Vera Gil and other members of the committee expressed their concem regarding the lbe waivers along with the increase in rents passed on the the lower income clients. The Committee was in agreement that Ms. Chert is already receiving significant waivers related to fees, but to further subsidize her project and make it not as reasonable for low income residents may not be appropriate. Ms. Chert suggested that she would be willing to rent one of the rental units at market rate, thus reducing the other two units to the base rent. Dick Schuster expressed his concerns that the committee is making yet another exception to thc housing mitigation manual and does not feel comfortable doing so. Ms. Chen also agreed to look at offering one of the "for sale" units as median and the other two at moderate. Vera Gil will put these options in writing for Ms. Chert to read over and agree to. Dick Schuster felt that the manual should reflect the changes so that this does not set another precedent. Vera stated that when the committee revises the manual they can incorporate language regarding developers volunteering BMR units. Steve Smith made a motion to approve 3 market rate'"for sale" units and three affordable units ( I median income, BMR priced, 2 moderate BMR priced) 4 rental units (1 market rate, 3 Iow income rates); receive fee waivers for six affordable units. After receiving this information in writing, Ms. Chen will review and agree upon these terms. At the same time, the Committee agrees to amend the manual to reflect voltmtary participation in the program. Sylvia Machamer seconded. VOTE: 3-1 2. Discussion with Leslee Coleman, Santa Clara Valley Manufacturing Group regarding Housing Symposium: Vera Gil introduced Leslee Coleman from the Manufacturing Group. Leslee Coleman explained that the Manufacturing Group had an idea regarding hosting a symposium for "debugging" myths of affordable housing. Ms. Coleman stated that she would like for the affordable housing committee to be the liason for the City of Cupertino. The day will consist ora symposium during the early part of the day and a tour in the afternoon, with a dinner being sponsored by corporate companies for elected officials. Steve Smith volunteered to serve on the elected officials committee. Vera Gil's name will be put on the general symposium mailing list for information. Adjournment: SUBMITTED BY: Admia. Secretary APPROVED BY: Kathy Ro~nson, Chairperson ATTEST: c/windows/housing/arb32696