OCEANSIDE — The city is a step closer to breaking ground on the Mission Cove affordable housing project on the 3200 block of Mission Avenue after Housing Commission and City Council OKs.
The Housing Commission OK’d the five-year City Housing Element to go the California Department of Housing and Development on Aug. 14.
Then City Council approved the Disposition and Development Agreement, or DDA, with National Community Renaissance and Community Housingworks to construct and manage the mixed-use affordable housing project Aug. 15.
There will be 288 affordable housing units and 12,000 square feet of commercial space built on the 14.47-acre site. Units will be available to working low-income families and individuals. About half of the units will be designated for low-income seniors, disabled individuals and veterans.
“The lack of affordable housing is a critical problem,” Russ Cunningham, city senior planner, said.
The project will cost $81.3 million not including the land. It will be funded through a variety of sources and grants that support low-income housing. No city general funds will be used for the project.
City Council’s OK of the DDA enables the city and its building partners to pursue available funds.
John Seymour, vice president of acquisitions with National Community Renaissance, said he is confidant funds will be secured.
National Community Renaissance has successfully built the La Mission Village mixed-use affordable housing project at 3220 Mission Avenue and renovated Cape Cod Senior Villas apartments at 1710 Maxson Street to provide affordable senior housing. The company also manages both affordable housing projects.
Community Housing works will build and manage units for low-income seniors and veterans on the Mission Cove site.
Most speakers supported the project and said there is a great need for it. Some speakers shared personal stories of how they have benefited from low-income housing after unexpected hardships.
“I beseech you to consider this project,” Michele Land, an Oceanside resident, said.
The project’s 288 low-income units will help the city meet its requirement to provide 2,727 low-income and very low-income units for residents by 2020. The number of low-income housing units the city must show the potential to provide is determined by SANDAG and takes into account area need, available land and city build out capacity.
The Mission Cove project is expected to be completed in 2014. It will be built in several phases.