HomeMy WebLinkAbout12-02-2014 PH1 TrigueiroChristian, Kevin
From:
Sent:
To:
Mejia, Anthony
Tuesday, December 02, 2014 10:55 PM
Christian, Kevin
COUNCIL MEETING:
ITEM NO.: �
Subject: FW: Comments on CC Agenda PH1 - Overrule of the Airport Land Use Commission
Determination of LUCE Inconsistency
LDEC 11 °`
�r
PH1 12/02/14 2014
On Dec 2, 2014, at 4:19 PM, Kenneth Trigueiro <KennethT @pshhc.org> wrote:
Dear Mr. Johnson,
As supporters, advocates and promoters of affordable housing in San Luis Obispo, we support the
Planning Commission's recommendation to override the Airport Land Use Commission's determination
of the LUCE Update project as inconsistent.
Among other beneficial aspects, the LUCE prevents sprawl and locates planned affordable housing in
areas that are close to services, schools and jobs, which are better located with respect to
transportation alternatives as well. The lower income earning community is very negatively
economically impacted when affordable housing is forced to sprawl into more outlying areas. The most
needed specialized financing that is accessed by developers of affordable housing like ourselves for
those most economically challenged in our community is very competitive and limited. The program,
which is designed to attract and leverage low cost investment equity, is incented to only go to
communities' project locations where affordable housing is proposed to be in close proximity to services
and related amenities, and is blocked from going to projects proposed in decentralized sprawling
locations.
Not overriding the ALUC could harm our ability to attract investment of low cost equity that we depend
on as our primary and scarce source of affordable housing development financing, which if not awarded,
would render future projects non - viable to pursue.
Regards,
Ken Trigueiro
Executive VP & CFO
Peoples' Self -Help Housing Corporation
3533 Empleo Street, San Luis Obispo, CA 93401
Providing affordable housing and programs leading to self- sufficiency
for low- income families, seniors, farmworkers and other special needs groups
living and working throughout the California's Central Coastal diversified communities.
<image001.png> Opening Doors... Building Neighborhoods... Improving Lives... For over 40 years...
Web: www.pshhc.org
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