HomeMy WebLinkAbout8/4/2026 Item 5d, Tway and Estrada - Staff Agenda CorrespondenceCity of San Luis Obispo, Council Memorandum
City of San Luis Obispo
Council Agenda Correspondence
DATE: August 4, 2026
TO: Mayor and Council
FROM: Timmi Tway, Community Development Director
Prepared By: Ethan Estrada, Assistant Planner
VIA: Whitney McDonald, City Manager
SUBJECT: ITEM #5d – PROHOUSING INCENTIVE PROGRAM FUNDING
DISTRIBUTION
Staff received a request from HASLO to update the name of their project from “Monterey
Crossing Senior Project” to “Balay Ko on Monterey” in Exhibit A of the Draft Resolution
(Attachment A) for this item. The project name was recently changed to Balay Ko on
Monterey following a generous private donation made to the project. Updating the Draft
Resolution as shown below will ensure consistency moving forward as future reports will
be using this name.
Staff recommend that Exhibit A of the Draft Resolution be amended to read as follows:
Exhibit A
Staff Recommended AHF Disbursement
No. Applicant Project
Funding
Recommended
1 Smartshare Housing
Solutions
Waterman Village Project - Development of
affordable housing community serving low to
very-low incomes.
$150,000
2
Housing Authority of
the City of San Luis
Obispo (HASLO)
Balay Ko on Monterey (formerly known as
Monterey Crossing Senior Housing Project) -
Development of 55 affordable units serving low-
income seniors.
$150,000
3
Transitions Mental
Health Association
(TMHA)
Supportive Housing Project - Development of a 3-
bedroom ADU in an existing residential property
with permanent supportive housing.
$50,000
TOTAL $350,000