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Public Comments <br />4 Mail 2:48 PM Fri Feb 11 <br />O mercurynews.com <br />ON <br />Aerms <br />ATTACHMENT 7 <br />%? L loot. <br />The city is contributing $7.6 million to acquire the site and pay for pre -development work, and the <br />council could later approve another $9.7 million to help build it. <br />Nick Cranmer, acquisitions project manager for Resources for Community Development, said the <br />city's funding lessens the financial risk for the nonprofit, and shows the political will to build <br />affordable housing. <br />"It's kind of an early indication from the city that they are on board with the project, that we have a <br />financially viable project, that they think is a great location near a lot of site amenities," such as the <br />Centerville train station, bus lines, shops and grocery stores, Cranmer said. <br />From 2015 through 2020, 823 affordable apartments for low-income and very -low income people <br />have been built or permitted in Fremont, about 1,000 units shy of the housing target the city is <br />assigned by the Association of Bay Area Governments to meet by 2023. <br />RELATED ARTICLES <br />How a tiny -home movement is <br />putting more than just a roof over <br />the homeless <br />Court rejects lawsuit to block East <br />Bay affordable housing project <br />Tenant protection bill is failing in <br />California Legislature, again <br />More Los Gatans using West Valley <br />Community Services <br />Dozens to be evicted in messy battle <br />Fremont has only seen 23 housing units for moderate - <br />income residents built or permitted during the same <br />time period, far short of ABAG's goal of 956 for the city, <br />according to city planning staff. <br />During that same time period, Fremont has had 5,384 <br />above -moderate homes — essentially market rate — <br />built or permitted, about 3,500 more than its required <br />target. <br />In the coming housing needs cycle, which will last from <br />2023 to 2031, Fremont is expected to increase its <br />housing by 12,897, which includes 5,736 homes for <br />people at low and very -low income levels. <br />over illegal East Bay RV park Though these latest three projects may only be "a drop in <br />the bucket" of what is needed regionally, Salwan sai <br />thinks the city's funding, and other moves such as lowering fees for affordable developments, � ` <br />put colds to bed, MDLIVE <br />before bedtime. . ® now. that's better <br />virtual care for kids, anytime.- r t <br />R <br />