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HomeMy WebLinkAboutRDA RES 08-02RDA RESOLUTION NO 08-02 A RESOLUTION OF THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY APPROVING THE COMPREHENSIVE AFFORDABLE HOUSING STRATEGY FOR FISCAL YEARS 2008-2009 TO 2017-2018 WHEREAS, the Tustin Community Redevelopment Agency of the City of Tustin (the "Agency") has adopted Redevelopment Plans (the "Redevelopment Plan") for the MCAS Tustin Project Area, South Central Project Area and Town Center Project Area; WHEREAS, the Redevelopment Plans provide for the allocation of tax increment from their respective Project Areas; WHEREAS, Section 33334.2(a) of the California Community Redevelopment Law (Health and Safety Code Section 33000 et seq.) requires that not less than twenty percent (20%) of all tax increment so allocated be used for the purpose of increasing, improving and preserving the community's supply of low and moderate income housing available at affordable housing costs; WHEREAS, Section 33334.2(g)(1) of the Health and Safety Code provides that such funds may be used outside of a Project Area if a finding is made by resolution of the Agency and the City Council that such use will be of benefit to the Project Area; WHEREAS, the Project Areas comprise only a limited portion of the low to moderate income housing supply in the City of Tustin and the overall low to moderate income housing supply is dispersed throughout the City; WHEREAS, the City by Resolution No. 03-78 and the Redevelopment Agency by Resolution RDA No. 03-10, on June 2, 2003 adopted a finding that the use of tax increment housing set-aside funds allocated from the MCAS Tustin Project Area for the purpose of increasing, improving and preserving the community's supply of low and moderate income housing outside the Project Area and within the City of Tustin will be of benefit to the MCAS Tustin Project Area; WHEREAS, the City by Resolution No. 05-48 and the Redevelopment Agency by Resolution RDA No. 05-01, on March 21, 2005 adopted a finding that the use of tax increment housing set-aside funds allocated from the South Central Project Area for the purpose of increasing, improving and preserving the community's supply of low and moderate income housing outside the Project Area and within the City of Tustin will be of benefit to the South Central Project Area; WHEREAS, the City by Resolution No. 05-49 and the Redevelopment Agency by Resolution RDA No. 05-02, on March 21, 2005 adopted a finding that the use of tax increment housing set-aside funds allocated from the Town Center Project Area for the purpose of increasing, improving and preserving the community's supply of low and moderate income housing outside the Project Area and within the City of Tustin will be of benefit to the Town Center Project Area; RDA Resolution No. 08-01 Page 1 of 2 WHEREAS, the Tustin Community Redevelopment Agency has adopted a Comprehensive Affordable Housing Strategy to assist in providing for the housing needs of low to moderate income households throughout the City; and NOW, THEREFORE, THE TUSTIN COMMUNITY REDEVELOPMENT AGENCY DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS: Section 1: The Comprehensive Affordable Housing Strategy for fiscal years 2008- 2009 to 2017-2018 is hereby approved. Section 2: The Agency finds that the use of these funds continues to be of primary benefit to the MCAS Tustin, South Central and Town Center Redevelopment Project Areas, and constitutes redevelopment activity. PASSED, APPROVED AND ADOPTED this 17t" day of June, 2008. Doug Davert for JERRY AMANTE Chair ATTEST: PAMELA STOKER, Recording Secretary STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN) I, Pamela Stoker, City Clerk and ex-officio Clerk of the Tustin Community Redevelopment Agency of the City of Tustin, California, do hereby certify that the whole number of the members of the Redevelopment Agency of the City of Tustin is five; that the above and forgoing RDA Resolution No. 08-02 was duly passed and adopted at a regular meeting of the Tustin Community Redevelopment Agency, held on June 17, 2008, by the following vote: AGENCYMEMBER AYES: Davert, Bone, Kawashima, Palmer (4) AGENCYMEMBER NOES: None (0) AGENCYMEMBER ABSTAINED: None (0) AGENCYMEMBER ABSENT: Amante (1) PAMELA STOKER, Recording Secretary RDA Resolution No. 08-02 Page 2 of 2