Wednesday
October
22
2014
1:03 am
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

Court rules against Redwood City over $10 million in affordable housing funds
February 01, 2014, 05:00 AM Daily Journal Staff Report

Redwood City cannot keep more than $10 million set aside for affordable housing in the city because they had not yet been committed to special projects, according to a judge who also ordered the money paid to local taxing entities.

The city and the Legal Aid Society of San Mateo County had challenged the state over the housing funds and last year sought a court order to prevent California from reclaiming the money. The city’s now-defunct redevelopment agency had accumulated funds above and beyond the mandated 20 percent for low- and moderate-income-level housing. But when the state dismantled each of its redevelopment agencies, Redwood City was told to turn over all the tax increment revenue — including the money exceeding the 20 percent set aside — to the county controller.

The city planned to use the money to develop sites on Bradford and Heller streets which it absorbed as the redevelopment agency’s housing successor agency. The money was also to help with development of other affordable housing projects.

In its suit, Redwood City challenged the state Department of Finance’s label of the $10.2 million collected under the Legal Aid agreement as “uncommitted funds.”

The city argued it had an obligation to the community and the nonprofit to keep the housing fund for its intended purpose but Judge Allen Sumner ruled otherwise.

City officials said they are considering whether to appeal the decision which they called a legal setback in the city’s mission to provide affordable housing for residents.

“This is not just about Redwood City. This is about local agencies’ ability to create communities that people of all incomes can live in. I do not believe that the Legislature intended that we should not be able to honor our commitments under the Legal Aid Agreement,” Redwood City Mayor Jeff Gee said in a prepared statement.

 

 

Tags: housing, redwood, money, legal, funds, affordable,


Other stories from today:

 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
How will the World Series go?

Giants in four
Royals in four
Giants in five
Royals in five
Giants in six
Royals in six
Giants in seven
Royals in seven

 

 
 
 
 
 
 
US: One American released from North Korea
WASHINGTON — American detainee Jeffrey Fowle has been released from North Korea, nearly six months..
Homeland Security orders new screening for Ebola
WASHINGTON — Everyone coming to the United States from the three West African countries at the cen..
US existing home sales rise in September
WASHINGTON — U.S. homes sold in September at their fastest clip this year, a sign that the housing..
Big surf expected on Central Coast
LOS ANGELES — Forecasters say a large northwest swell will bring big surf to Central Coast beaches..
More >>  
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County legal notices