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Report regarding a resolution approving a Purchase and Sale Agreement and Affordable Housing Agreement between the City of South San Francisco and Habitat for Humanity for the sale of the City-owned property at 109 Longford Drive (APN 010-071-050) for $750,000. (Deanna Talavera, Management Analyst)
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RECOMMENDATION
Recommendation
Staff recommends that the City Council approve the sale of 109 Longford Drive (APN 010-071-050), a City-owned property, to Habitat for Humanity for $750,000 and authorize the City Manager to execute the Purchase and Sale and Affordable Housing Agreements.
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BACKGROUND/DISCUSSION
The single-family home (3 bedrooms/1 bath) at 109 Longford Drive was purchased by the City in 1998 for $207,000 for the purpose of removing a blighted unit. The City rehabilitated the property in 2009 using a wide array of green building techniques, such as solar panels, tank-less water heaters, and recyclable insulation. Since then it has been used as a model "green" home to educate contractors, students, and homeowners. While this home has served as an educational tool for the City, the home's technology is no longer cutting-edge and is now obsolete as a model green home. The property has remained vacant.
The property was purchased with funds from the City's General Fund and rehabilitated using funds from the City's Housing Trust Fund. In 2014, the City Council adopted a Housing Investment Plan (HIP), which outlines what the City plans to do with the housing assets of the former South San Francisco Redevelopment Agency. The HIP specifies selling 109 Longford Drive at market rate. It is valued at roughly $965,000.
Disposition Process
As part of the disposition process, the City first had to declare the property as surplus and comply with requirements under the California Surplus Land Act. The disposal process under the Surplus Land Act requires the City to notify certain entities, including school districts and housing agencies (Preferred...
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