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Page - 1 - <br /> <br /> Housing Commission <br />Agenda Report <br />January 18, 2024 <br />Item 4 <br /> <br />SUBJECT Review and Provide Recommendation to City Council for an Affordable <br />Housing Agreement with City Ventures for the Harmony Condominium <br />project, a residential development proposed at 2025 Santa Rita Road <br /> <br />RECOMMENDATION <br />Review the Affordable Housing Agreement for Harmony Condominium Project and <br />recommend approval by the City Council. <br /> <br />ATTACHMENTS <br />1. Draft Affordable Housing Agreement (AHA) <br />2. Inclusionary Zoning Ordinance -Pleasanton Municipal Code (PMC) Ch. 17.44 <br /> <br /> <br />BACKGROUND <br />City Ventures (the “Developer”) submitted an application for Design Review (P23-0332) and <br />Vesting Tentative Tract Map (P23-0605) approval pursuant to California law referred to as SB <br />3301 to demolish an existing motel and restaurant and construct a housing development <br />consisting of 42 three-story townhome style condominiums ranging in size from approximately <br />1,400 to 2,150 square feet and related site improvements. <br /> <br />Project Location <br />The 1.96-acre project site is currently occupied by the Tri Valley Inn & Suites Motel, which <br />includes 34 motel rooms, office space, parking spaces, and an in-ground pool. A restaurant, <br />Curry Cravings, is also located on the site with a frontage on Santa Rita Road. The project site is <br />surrounded by single-family housing to the north, east, and west with multi-family apartments <br />farther to the southwest and townhomes to the southeast. To the south, the project site is <br />bordered by Mission Plaza, a commercial business development. <br /> <br />The 1.96-acre site is part of a larger, 2.3-acre site that is identified in the Housing Element <br />Update as Area 16 – Tri-Valley Inn. The 2.3-acre site includes the Lockhart Lane right-of-way, <br />which is being offered for dedication to the City as part of the project approval process. <br /> <br /> <br /> <br />1 SB 330 is the Housing Crisis Act of 2019 (Skinner) amending California Government Code §§65589.5 et. seq.by <br />changing the Permit Streamlining Act and Housing Accountability Act.