CHC 01-12-96 MINUTES OF THE REGULAR MEETING
OF THE AFFORDABLE HOUSING COMMITTEE
JANUARY 12, 1996
CALL TO ORDER
Mario Pineda called the meeting to order at 3:30 p.m.
Members Present: Mario Pinedo, Kathy Robinson, Steve Smith
Members Absent: Dick Schuster
Staff Present:
Vera Gil, Yvonne Kelley, Bob Cowan
Others Present: Mary Ellen Cheil, Gertrude Welch
Approval of Minutes:
The approval of minutes will be postponed until the next meeting
Written Communications:
None
Oral Communications:
None
New Business:
Proposal from Judy Chen: Vera Gil introduced Judy Chen and gave a brief explanation of what
Ms. Chen had initially requested. Ms. Chen explained her position in regards to building these
units. She had concerns about:
· Maximum resale and rental prices for the units
This is dependent upon whether units are moderate, low or very Iow.
· Who locates the buyers and places renters in the units?
Cupertino Community Services screens the buyers and renters.
· Time period for sale of homes
The City cannot guarantee the sale of homes, but past experience shows that the
demand for these homes is great and that these homes can be pre-sold.
· What fee waivers can we expect?
The City has the ability to waive park dedication and construction tax.
· Can the City assist in finding a lender?
The City cannot guarantee a lender, but will make referrals.
Vera Gil explained that she will provide Ms. Chen with a written response to all her concerns.
The Committee was in agreement that Ms. Chen's proposal is welcome and needed in the
Community if she can make is economically feasible. Ms. Robinson asked if there are any deed
restrictions on the "for sale" units. Ms. Gil stated that yes, the restriction is 30 years tbr the tbr
sale units and 20 years on the rentals.
Committee Member Reports:
Kathy Robinson reminded the committee that the February 8 meeting will be an evening meeting
held at the Quinlan Center. She has spoken with Charlie Chew, Santa Clara HCD and Ron
Morgan and they have agreed to serve on the panel. The meeting is scheduled from 7:00 - 9:00.
Vera and Kathy will get together and prepare an agenda.
Adjournment: 4:15
SUBMITTED BY:
APPROVED BY:
Yvonne Kelley,
Admin. Secretary
Mario Pinedo, Vice Chair
ATTEST:
Kimberly Smith, City Clerk
c/windows/housing/afb 11196