Newport Beach to seek affordable housing
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Mathis Winkler
NEWPORT BEACH -- Bringing the city a step closer to adding more
affordable housing for seniors, City Council members agreed Tuesday to
solicit proposals from developers.
The city has about $2 million to subsidize an affordable housing
project. The money comes from the One Ford Road project, for which the
developer decided to hand the city money rather than build low-rent
apartments.
The city’s general plan requires developers to set aside a percentage
of their projects for affordable housing. While state law requires cities
to have programs in place that encourage construction of cheap
apartments, Newport Beach is not required to build any.
Councilman Tod Ridgeway, who chairs the city’s affordable housing task
force, said a lack of available land might be the real problem with
making such a project happen. He added that some potential sites are
located around Hoag Hospital and other parts of the city’s west side.
City officials and representatives of the Irvine Co. are discussing
another affordable housing project on Bayview Landing, at the corner of
East Coast Highway and Jamboree Road. The company still owes the city 172
affordable housing units in return for building more than 850 market-rate
homes throughout the city.
No agreement has been reached yet, and it would take about two years
to complete the complex after a decision is made.
The proposals are due June 1, and city officials expect it will be
several years before affordable apartments will become available to
seniors.
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