Blogging Bayport Alameda

February 26, 2014

Great exchange

Filed under: Alameda, Alameda Point, School — Lauren Do @ 6:06 am

The terms of the deal between the School District, the City of Alameda, and the Housing Authority has always been a bit on the fuzzy and hazy side.   We all know that the School District is getting some amount of money if certain property is turned over and blah blah blah, but the press release by the City that was put out yesterday was probably the most clear enumeration to date of what actually is going to happen AND how the Housing Authority got into the mix as well:

The Agreement Details
The agreement, which includes both sales and exchanges of land, will be implemented in three steps:
Step 1
Ø The City grants $750,000 to AUSD to pay for renovations to the Encinal Swim Center.
Ø AUSD rescinds the deed to the six-acre Tidelands parcel, which results in the City holding the title.

Step 2
Ø The City conveys a 20-acre parcel of Alameda Point property to the Housing Authority.
Ø AUSD releases the City from an obligation to convey a 12-acre parcel at Alameda Point that was part of an earlier agreement.

Step 3
Ø The Housing Authority obtains title to the former Island High School site in exchange for fair market value of approximately $1.2 million, of which $1.15 million is to be used for the Encinal Swim Center renovation; the remainder goes to defraying legal and consultant fees related to the transaction.
Ø AUSD releases restrictions on the $4.6 million Housing Asset Fund so that the Housing Authority can access it to build affordable housing throughout the City.
Ø The Housing Authority gives AUSD the 20-acre Alameda Point parcel that it received from the City, which AUSD could use for school purposes. The City retains responsibility for general maintenance of the parcel for a maximum of 10 years.

So it looks like if the Housing Authority will be the agency that will receive title to the Island High site more likely than not the dreams of this become some sort of urban farm or community garden has pretty much been lost.  Paired with AUSD’s Housing Asset Fund it would give the Housing Authority a nice chunk of money to develop some housing there.  I would imagine that there must be some contingencies in the money that gives priority to AUSD teachers to get first dibs at any below market rate housing that might be built at the site.

And of course rather than the future school site at Alameda Point being located in the general zone that the City had earmarked for a campus user or some sort of industrial/commercial usage, the 20 acres that will now go to the School District will be further north closer to the “Big Whites” which has been largely set aside for single family housing.

Advertisements

12 Comments

  1. To be honest I don’t like affordable housing…most of the time it goes to the wrong people. We have some neighbors who qualified when only one of them was working…they tore out all the floors and cabinets and put in new ones, now they have a new car and a summer house, Our friends got one because they qualified when he was a resident. He got a job shortly at a hospital shortly after and they bought a 4,000 sq ft house and rent out the affordable housing which they never lived in. Down the street from us they have 2 nice Mercedes in the driveway. We pay for affordable housing, but wouldn’t it be better to pay for education and daycare so these people can afford a market rate house. I worked 40 hours a week and put my self through college. Why should I have to pay so someone else can have affordable housing? Where I grew up people as they had more income bought new houses and their old houses became affordable housing. Prop 13 changed that in CA. people tend to stay in their houses forever so they don’t have to pay more property taxes. Affordable housing someone always pays except the people who get them or people who know how to work the system. My friend who rents out his affordable housing, has had it for 10 years and in another 10 years he can sell it at market rate.

    Comment by Joe — February 26, 2014 @ 8:27 am

  2. You’re not allowed to rent out the below market rate housing and I believe the length of term it remains below market rate is like 50 + years, at least that’s how the Bayport BMR units are structured.

    Comment by Lauren Do — February 26, 2014 @ 8:47 am

  3. Joe, Lauren is right. If the situation is truly as you say, then your neighbors are doing something illegal.
    The district really should work with the housing authority to set aside a few units for AUSD teachers; those at the bottom of the pay scale, especially if they have dependents, would likely qualify.

    Comment by Kristen — February 26, 2014 @ 9:57 am

  4. # 1 I totally agree with you
    Right across the street one of the multi unit building , had tenant driving late model SUV import , interestingly enough Mercedes as well , another unit had the Alameda PD on speed dial , no one needed to give the unit address the APD knew exactly where to go …..
    In the mean time there are folks out there which could sincerely use affordable housing .
    Many Home owner do not have the minimum Income AUSD has for their staff , kind ironic but true.
    This also remind Me of that landlord who has financially and most likely still sponsor kids activities for at least the last 27 years I know him , support the Schools , the AFD and APD not being a drinker I unfortunately cannot reciprocate ,
    This Man was called a bad Business man in front of the entire community by no one else but:
    A CONVICTED FELON SEATING AS COUNCIL MEMBER FOR DEFRAUDING MILLIONS OUT OF INSURANCES CO , YOUR MONEY
    Why did he resort to name calling because that Man had rental unit and was raising rent to stay afloat , while the renter enjoyed a cheap rent for years while working multiples jobs ………and yes public on assistance too.
    Indeed some know how to manipulate the system , there are no cross check between any of State and Banking agency , should there be the School district would not be Bankrupt.

    Comment by mijoka — February 26, 2014 @ 11:37 am

  5. Sorry Lauren, but the system doesn’t work. My friend has done it and I am sure there are a lot more like him he probably rents out the place more that the monthly mortgage payment. I actually think the below market rate at Bayport is 20 years. If you sell before then a certain % is taken off what you sell it for. Bayport has been here for years but have you seen a BMR unit up for sale? Who enforces the rules? So the rules are broken, and there is no one who enforces them… Who in the right mid would sign a 50 year contract. I think the contract here was 20 years. I looked at them but I made too much money and we didn’t have any kids. The affordable housing system is broke. A single mother with 2 kids may qualify for one but she moves in with her boyfriend you makes more money then a lot of us. Why should I have to pay for someone else’s house when I have to pay for my own? Get rid of prop 13 and there would have been plenty of money to fix the swim center…but new families and first time homeowners get screwed again.

    Comment by Joe — February 26, 2014 @ 3:08 pm

  6. #5 Joe you seem upset by Prop 13. I’m curious. I purchased my home in 1979. On the Main Island so no extra assessments. What do you think I pay each year in Property Taxes? I paid 130,000 for my house?

    Comment by frank — February 26, 2014 @ 3:16 pm

  7. Joe: I wrote about the resale restrictions here, it’s actually 59 years the units are under the auspices of the Housing Authority so if what you say has really happened, I would suggest sending a note to the Housing Authority to investigate.

    Comment by Lauren Do — February 26, 2014 @ 3:37 pm

  8. My guess is $2,650 before the alphabet soup of measures on a 2013-14 tax base of approximately $265,000.

    Comment by Doug — February 26, 2014 @ 4:43 pm

  9. #8 I meant total with the Soup. But for the base that is right.

    Comment by frank — February 26, 2014 @ 5:01 pm

  10. Actually my house is assessed at 1.2 million. Frank we pay like $14,000 a year in property taxes.

    Comment by Joe — February 26, 2014 @ 9:26 pm

  11. I have heard this situation a number of times and am constantly amazed. There is a person complaining about the evils of “low income housing” and how it is destroying Alameda and then they go on to gleefully tell about the number of people that they know personally that doing the very thing that they are complaining about. My thought is always “wow you need more honest friends” or why are you complaining about could be criminals when you know real criminals and you are doing nothing about it.

    I don’t live in a million dollar house, I worry about being priced out of the town that I love after decades of living here and being part of my community and yet, there are people talking about how their friends are ripping off the city while they sit in a big house and shudder about the horror of low income housing. not real sure what to make of that.

    Comment by librarycat — February 27, 2014 @ 7:22 am

  12. I don’t have anything about low income hosing, but Why do I have to pay for it.

    Comment by Joe — February 27, 2014 @ 8:28 pm


RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Blog at WordPress.com.