Meeting Time: March 13, 2025 at 9:00am PDT

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Agenda Item

ID 25-257 Actions pertaining to the Ventura Family Apartments affordable housing development project, located South of E. Cesar Chavez Blvd between S. Seventh Street and S. Eighth streets (District 5): 1. Adopt a finding of Categorical Exemption pursuant to Section 15332/ Class 32 of the California Environmental Quality Act (CEQA) Guidelines; and 2. ***RESOLUTION - Repealing Resolution Number 2024-125 and replacing it with language in support of a contribution of City and Housing Successor Agency land and a contribution of City funds in an amount not to exceed $5,000,000 toward the Ventura Family Apartments project located South of E. Cesar Chavez Blvd between S. Seventh and S. Eighth streets (Subject to Mayor's Veto); and 3. Approve an Affordable Housing Agreement with Corporation for Better Housing to develop the Ventura Family Apartments affordable rental housing development project located South of E. Cesar Chavez Blvd between S. Seventh and S. Eighth streets.