Legislation Details

File #: 27-186    Version: 1 Subject: Approval of an Affordable Housing Property Disposition Agreement with Actors Fund Housing Development Corp.
Type: Resolution Status: Consent Agenda
In control: City Council Meeting Agenda
On agenda: 9/28/2026 Final action:
Title: CC - CONSENT ITEM: (1) Approval of an Affordable Housing Property Disposition Agreement Between the City and Actors Fund Housing Development Corporation for the Construction of a Mixed-Use Affordable Housing Project at 10401 Virginia Avenue (APNs 4209-027-905, 4209-029-900, 4209-029-923, 4209-029-924 & 4209-029-925) and (2) Adoption a Resolution Approving Actors Fund Housing Development Corporation’s Application for Housing Development and Finance Committee Funding.
Attachments: 1. 2026-09-28_ATT 1_City Resolution Approving AFHDC Application for State Funding
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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CC - CONSENT ITEM: (1) Approval of an Affordable Housing Property Disposition Agreement Between the City and Actors Fund Housing Development Corporation for the Construction of a Mixed-Use Affordable Housing Project at 10401 Virginia Avenue (APNs 4209-027-905, 4209-029-900, 4209-029-923, 4209-029-924 & 4209-029-925) and (2) Adoption a Resolution Approving Actors Fund Housing Development Corporation’s Application for Housing Development and Finance Committee Funding.

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Meeting Date: September 28, 2026

Contact Person/Dept.: Diane Glauber, Housing & Human Services Director
Emily Stadnicki, Planning & Development Director
Christina Burrows, Assistant City Attorney

Phone Number: (310) 253-6000

Fiscal Impact: Yes [X] No [] General Fund: Yes [] No [X]

Attachments: Yes [X] No []

Public Notification: (E-Mail) Meetings and Agendas - City Council (09/24/2026)

Department Approval: Heather Baker, City Attorney (09/20/2026), Adam Troy, Assistant City Manager (09/24/2026)
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RECOMMENDATION

Staff recommends the City Council (1) approve an Affordable Housing Property Disposition Agreement with Actors Fund Housing Development Corporation for the Construction of a Mixed-Use Affordable Housing Project at 10401 Virginia Avenue (APNs 4209-027-905, 4209-029-900, 4209-029-923, 4209-029-924 & 4209-029-925); and (2) adopt a resolution approving Actors Fund Housing Development Corporation’s Application for Housing Development and Finance Committee Funding


BACKGROUND

The City-owned property at 10401 Virginia Avenue (the “Property”) has historically been used as a parking lot to satisfy a redevelopment-era contractual obligation to provide parking for adjacent businesses. In 2023 the City opened the Wellness Village interim housing site on a portion of the Property, with the remaining portion of the Property continuing to be used as a parking lot for adjacent b...

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