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San Jose Civic Gallery City Hall agenda intelligence

Matter 26-707

Revisions to Affordability Restriction for the Paseo Senter Family Housing Project (Phases I and II) Following Parcel Subdivision and Legal Description Updates.

Housing City Council Agenda Ready Introduced 02 Jun 2026
1 Document on file 182 KB · 1 extracted · 1 AI summary
File
26-707
Type
Consent Agenda
Status
Agenda Ready
Requester
Unknown
Introduced
02 Jun 2026
Last synced
21 Jul 2026 · 00:11

The papers

1 document · 182 KB
01 182 KB

Memorandum

182 KB Extracted AI Summary
file c27caa65-85db-4168-ba78-2c2a023a6c86.pdf sha b26d835ddbbb source unavailable

Official source link unavailable. The file was imported, but the current source metadata does not include a public document URL.

Generated summary AI-assisted

The source text indicates this attachment appears to be a draft document.

The memorandum discusses proposed revisions to the affordability restrictions for the Paseo Senter Family Housing Project, following the subdivision of the original parcel into Phase I and Phase II. It recommends authorizing the Housing Director to negotiate and execute an amendment to the existing agreement to update legal descriptions, allocate affordability obligations, and reflect current ownership structures. The project is a 101-unit affordable housing development in San José, California, with a 55-year affordability restriction expiring in 2060. The memorandum outlines the need for these updates to ensure compliance with legal requirements and maintain enforceability of the affordability obligations.

Key points
  • The memorandum is addressed to the Mayor and City Council regarding the Paseo Senter Family Housing Project.
  • It recommends authorizing the Housing Director to amend the existing agreement related to affordability restrictions.
  • The project consists of 101 affordable housing units, with a 55-year affordability restriction.
  • The original parcel was subdivided into Phase I and Phase II, necessitating updates to legal descriptions and ownership structures.
  • The memorandum was coordinated with the City Attorney’s Office and the City Manager’s Budget Office.
  • It will be posted on the City Council Agenda website for the June 16, 2026 meeting.
Limitations
  • The document contains placeholders for certain fields, such as the date and council district, which are unfilled.
  • The text appears to be a draft as it includes references to approvals and recommendations without final confirmation.

Generated for convenience from extracted text using AI. Review the official source document before relying on this summary.

Extracted text preview · 8,982 chars
COUNCIL AGENDA: FILE: ITEM: TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: See Below Approved 6/16/26 26-707 2.19 FROM: Erik L. Soliván DATE: Date: May 26, 2026 6/3/26 COUNCIL DISTRICT: 7 SUBJECT: Revisions to Affordability Restriction for the Paseo Senter Family Housing Project (Phases I and II) Following Parcel Subdivision and Legal Description Updates RECOMMENDATION Adopt a resolution authorizing the Housing Director, or his designee, to negotiate and execute an amendment to the existing agreement regarding the implementation of Health and Safety Code Section 33413(b)(2) “Restrictions”, for the Paseo Senter Family Housing Project to: (a) (b) (c) (d) (e) Reflect the subdivision of the original Paseo Senter Family Housing Project parcel into Phase I and Phase II parcels; Correct and update the legal descriptions of the affected parcels; Allocate affordability and related regulatory obligations to the appropriate subdivided parcels consistent with their respective phases; Update ownership structure to reflect current or successor owners, including PSI Rehab, LP and PSII Rehab, LP, as applicable; and Execute and record all ancillary documents and take all actions necessary to...