Title
Adopt City Council Resolution Authorizing Affordable Housing Agreement and Declaration to Transfer Stewardship of Inclusionary Housing Unit located at 435-B N. Whipple Street to Housing Mendocino Coast
Summary
The City of Fort Bragg adopted an Inclusionary Housing ordinance in 2004. In 2006, Charles Dimock received approval by the Planning Commission for a Subdivision (DIV 3-06) and Design Review (DR 4-06) authorizing construction of three detached single family residences at 435 N. Whipple Street and division of the property into five condominium units. As part of the approval process, the project was required to comply with Land Use and Development Code Section 18.31.020(A)(1) which required that 20 percent of the total units (in this case one unit) be reserved for a low income household. The applicant entered into a recorded regulatory agreement with the City of Fort Bragg regarding the inclusionary housing unit (435 N Whipple Unit B). The homeowner has submitted written notice of their intent to sell the unit. The City has initiated and is incubating a community land trust and directed staff to transfer stewardship of this inclusionary unit to this newly formed 501c3 non-profit, Housing Mendocino Coast. Housing Mendocino Coast has identified a qualified household and the housing unit is currently in escrow.