PREPARED BY: ELIZABETH LOPEZ DATE OF MEETING: 3/30/26
SUBJECT:
TITLE
CONSIDER APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDED AND RESTATED DISPOSITION AND DEVELOPMENT AGREEMENT WITH NOVIN DEVELOPMENT CORPORATION FOR THE SALE AND DEVELOPMENT OF THE PROPERTY LOCATED AT 1820 RUMRILL BLVD TO PROVIDE AFFORDABLE HOUSING
CEQA: This proposed action is not a project as defined by CEQA.
Label
RECOMMENDATION
Recommendation
Adopt Resolution
BODY
COUNCIL PRIORITY WORKPLAN
Major Policy Goal: Expand Housing Options is a top Council Priority under the FY 2025-27 City Council Priority Workplan, effective April 7, 2025.
BACKGROUND
The parcel identified as APN 411-041-009 located at 1820 Rumrill Blvd (the "Property") is currently owned by the City of San Pablo (the "City") as the Housing Successor Agency. In 2022, the City Council approved and authorized a Disposition and Development Agreement (DDA) providing for the purchase and development of the Property. The Property is a designated housing asset of the Housing Successor Agency.
On April 5, 2023, the City Manager executed a first amendment to the DDA to approve minor, non-monetary amendments to the DDA. The Developer applied for tax credits for the development of the Site, but was unsuccessful. The first amendment authorized a 12-month extension of the timing for close of escrow.
On April 5, 2024, the City Manager executed a second amendment to the DDA to approve minor, non-monetary amendments to the DDA. The Developer applied for tax credits again for the development of the Site, but was unsuccessful due to the substantial competition for this funding source. The second amendment authorized a further 12-month extension of the timing for close of escrow.
On June 27, 2024, the Developer was awarded Permanent Local Housing Allocation (PLHA) funds for the Project from Contra Costa County (the "County") in the amount of $1.6 million.
On April 5, 2025, the City Manager executed a third amendment to approve m...
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