City Council

5.6 Affordable Housing: Extend the Term of an Existing City of Chula Vista Loan and Restrictive\nCovenants in Connection with the Seniors on Broadway Development\nReport Number: 25-0008\nLocation: 845 Broadway\nDepartment: Housing and Homeless Services\nG.C. § 84308 Regulations Apply: Yes\nEnvironmental Notice: The activity is not a “Project” as defined under Section 15378 of the\nCalifornia Environmental Quality Act (“CEQA”) State Guidelines. Therefore, pursuant to State\nGuidelines Section 15060(c)(3) no environmental review is required.\nRECOMMENDED ACTION:\nAdopt a resolution approving the extension of an existing loan and restrictive covenants for the\nSeniors on Broadway affordable housing development, beginning a new 55-year term, in\nconnection with a planned rehabilitation of the project.