HomeMy WebLinkAbout3.22.22 FW_ CDBG-DR Multifamily Housing UpdateFrom:Hatcher, Casey
To:BOS
Cc:Daneluk, Paula; Boston, Shelby
Subject:FW: CDBG-DR Multifamily Housing Update
Date:Tuesday, March 22, 2022 8:53:20 AM
Good afternoon Board Members –
Butte County was awarded just over $61 million after the Camp Fire to finance multifamily housing.
The County is allowed to utilize its allocation to finance developments in incorporated jurisdictions
within the County. Ten projects applied for funding and the County recommended eight projects to
the California Department of Housing and Community Development (HCD) for funding
commitments. The other two projects will be funded by the City of Chico’s allocation.
Two of the projects in Oroville received a Notice to Proceed last week. The projects will close on
financing this week and hopefully break ground next month. There is specific information below
about the two projects in Oroville. The remaining six projects, for which the County recommended
funding commitments, are working on identifying other funding to round out their financial need.
Project Name: Table Mountain Apartments, Phase I
Developer Name: Mono Apartments LLC
Project Address: 122 Mono Ave. Oroville, CA 95965
Project Description:
The proposed 95-unit affordable housing project would consist of four (4) three-story residential
buildings to be built in two phases of 47-units and 48-units, respectively, on two parcels totaling
approximately 5.54 acres. Phase I would be comprised of two three-story residential buildings with a
unit mix that includes 12 one bedroom units with 709 square feet, 22 two-bedroom units with 929
square feet, and 12 three-bedroom units with 1,082 square feet; one additional two-bedroom unit
would be designated for on-site management. Phase II would be comprised of two three-story
residential buildings with a unit mix that includes 12 one bedroom units with 709 square feet, 23
two-bedroom units with 929 square feet, and 12 three-bedroom units with 1,082 square feet; one
additional two-bedroom unit would be designated for on-site management. The total estimated
Phase 1 project cost would be approximately $19,626,669, including $2,500,000 funded by CDBG-
DR.
Project Name: Olive Ranch Senior Apartments
Developer Name: Olive Ranch Senior Apartments LLC
Project Address: 135 Tuscany Drive, Oroville, CA 95965
Project Description: The proposed project would construct 51-affordable housing units for seniors
aged 55 and older on a 3.542-acre parcel. The complex would be comprised of a three-story
residential building with a unit mix that includes 42 one-bedroom units with 709 square feet and 8
two-bedroom units with 929 square feet; one additional two bedroom unit would be designated for
on-site management. The project would include necessary grading and site preparation,
construction of the buildings, parking areas, landscaping and necessary infrastructure including, but
not limited to, curbing, gutters, sidewalks, storm drains, street lighting and signage. The total
estimated project cost would be approximately $19,447,492, including $1,600,000 funded by CDBG-
DR.
Please let me know if you have any questions.
Thanks.
Casey
Casey Hatcher
Deputy Chief Administrative Officer
Butte County Administration
25 County Center Drive, Suite 200, Oroville, CA 95965
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From: Hatcher, Casey
Sent: Tuesday, December 14, 2021 1:54 PM
To: BOS <BOS@buttecounty.net>
Cc: Daneluk, Paula <PDaneluk@buttecounty.net>; Boston, Shelby <sboston@buttecounty.net>
Subject: CDBG-DR Multifamily Housing Update
Good afternoon Board Members –
Butte County was awarded just over $61 million after the Camp Fire to finance multifamily housing.
The County is allowed to utilize its allocation to finance developments in incorporated jurisdictions
within the County.
The County’s RFP for projects closed October 5, 2021. The County received 10 project proposals. Six
of the proposals are for development in Chico, three in Oroville, and one in Gridley. The County’s
administrative consultant reviewed all the proposals and worked with County staff to determine if
these projects should be recommended to HCD for funding. Two of the projects also applied to the
City of Chico for CDBG-DR funds and will be fully funded by the City’s allocation. The County has
recommended the remaining projects to HCD for a conditional commitment of funding.
The projects target large families, seniors, and residents with special needs. If all projects are funded
and developed, they will add nearly 500 housing units in Butte County.
The next step in the process if for HCD to review the proposed development and provide a
conditional commitment. This allows the developments to move forward with environmental
assessments. We anticipate this step taking 45 days.
The County has $3 million left in its allocation and is working to issue an RFP for a second round of
funding. We anticipate publishing this early next year.
Please let me know if you have any questions about the CDBG-DR multifamily housing efforts.
Thank you.
Casey
Casey Hatcher
Deputy Chief Administrative Officer
Butte County Administration
25 County Center Drive, Suite 200, Oroville, CA 95965
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