Loan Agreement for the Use of American Rescue Plan Act (ARPA) funds for Palm Villas at Millennium
Summary
SCH Number
2024110160
Public Agency
Riverside County
Document Title
Loan Agreement for the Use of American Rescue Plan Act (ARPA) funds for Palm Villas at Millennium
Document Type
NOE - Notice of Exemption
Received
Posted
11/6/2024
Document Description
The Proposed Project will consist of new construction of a two phase, 241-unit affordable multifamily low-income housing project (Proposed Project). The Proposed Project is located on 10.49 acres of land located at the north side of Gerald Ford Drive between Cook Street and Dinah Shore Drive, in the City of Palm Desert, identified as Assessor's Parcel Number 694-120-028 and a portion of APN 694-120-029 (Property) which will be subdivided into two parcels, one for each phase. Phase I will consist of 120 affordable rental units within 5 three-story buildings including 15 one-bedrooms units, 75 two bedroom units, and 30 three-bedroom units. In addition, 1 three-bedroom unit will be set aside for an on-site resident manager. Phase II will consist of 119 affordable rental units within 5 three-story buildings, including 15 one-bedroom units, 75 two bed-room units, and 29 three-bedroom units. Under the County's ARPA program for Phase I of development, 49% of the rental units, or 59 units, will be restricted to households, whose incomes do not exceed 60% of the area median income. Of those units, 25% of the units, or 15 units, will be restricted to households who incomes do not exceed 30% of the area median income for the County of Riverside. The use and occupancy restrictions will be set forth in a Covenant Agreement to be recorded in the Official Records of the County of Riverside.
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
Phone
Email
Location
Cities
Palm Desert
Counties
Riverside
Regions
Southern California
Parcel #
694-120-028
Other Location Info
North side of Gerald Ford Drive between Cook Street and Dinah shore Drive
Notice of Exemption
Exempt Status
Statutory Exemption
Type, Section or Code
Section 15183
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 15000 et seq.), specifically pursuant to Section 15183 (Projects Consistent with a Community Plan, General Plan, or Zoning).
County Clerk
Riverside
Attachments
Notice of Exemption
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