Loan Agreement for the Use of American Rescue Plan Act (ARPA) Funds for Oak View Ranch Senior Apartments

Summary

SCH Number
2024110159
Public Agency
Riverside County
Document Title
Loan Agreement for the Use of American Rescue Plan Act (ARPA) Funds for Oak View Ranch Senior Apartments
Document Type
NOE - Notice of Exemption
Received
Posted
11/6/2024
Document Description
Oak View Ranch Senior Apartments is phase II of a two-phase project providing multi-generational housing. Phase I is under construction and they are building 119 units of affordable housing for families. Phase II, involves constructing eighty-one (81) affordable senior low-income rental housing project for seniors experiencing homelessness or at risk of homelessness' consisting of eighty(80) units and 1 manager unit. The Proposed Project will consist of one building comprised of 72 one-bedroom units, 8 two-bedroom units, and 1 three-bedroom unit. The Proposed Project will be situated on approximately 1.47 acres of a 6.22-acre site owned by the City of Murrieta Housing authority and lease to the Owner. In connection with the County's ARPA Loan, the County will be restricting forty (40) housing units for low-income seniors (ARPA Restricted) units. Among the ARPA Restricted units, nineteen (19) units will be reserved for senior households with incomes not exceeding 60% of the area median income of the County of Riverside, eight (8) units for senior households with incomes not exceeding 40% AMI, and thirteen (13) units for senior households with incomes not exceeding 30% AMI. The use and occupancy of the ARPA-assisted units will be restricted until the later to occur of (j) July 1, 2079 or (ii) 55 years from the recordation of the Notice of Completion for which new construction is completed for the Proposed Project.

Contact Information

Name
Juan Garcia
Agency Name
County of Riverside Housing and Workforce Solutions
Job Title
Deputy Director of Economic Development/HWS
Contact Types
Lead/Public Agency

Location

Cities
Murrieta
Counties
Riverside
Regions
Southern California
Parcel #
906-080-073
Other Location Info
24960 Adams Avenue

Notice of Exemption

Exempt Status
Categorical Exemption
Type, Section or Code
Section 15332
Reasons for Exemption
Find that the Loan Agreement for the Use of American Rescue Plan Act (ARPA) Funds does not constitute a project under California Environmental Quality Act (CEQA) and the Sate CEQA Guidelines (14. Cal. Code Regs 1500 et seq. ), specifically pursuant to Section 15332 (Class 32- In-Fill Development Projects), in that the project will not cause a significant effect on the environment and requires a developer to comply with CEQA and obtain all land use entitlements from the local jurisdiction as the lead agency, and does not commit the lead agency to any definite course of action or foreclose alternatives or mitigation measures that would ordinarily be part of CEQA.
County Clerk
Riverside

Attachments

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