Board committee to review stub 710 legislation on Tuesday – Pasadena Now

The former 710 Extension corridor is dotted with properties like this carriage house at the back of 711 S. Pasadena Avenue. [Image shot in 2018. Reproduced courtesy the Law Office of Christopher Sutton]

The Pasadena City Council Legislative Policy Committee will discuss priorities and procedures for Senate Bill 959, a bill that will address the issue of surplus homes in the 710 stubs property formerly owned by Caltrans, on Tuesday.

“All current Caltrans tenants should have the opportunity to purchase the homes they have rented for decades and my legislative efforts in the SR 710 corridor reflect that value,” Portantino said in a statement after the bill passed. law. “With SB 959, Pasadena can rightfully regain control and ownership of many properties.”

Pasadena Mayor Victor Gordo said the bill is “meaningful and crucial” legislation for the city and for the property’s current tenants.

“This is a critical step as we begin to rebuild this very important part of Pasadena and invest the proceeds in our ongoing efforts to create more affordable housing opportunities,” Gordo said.

In June, the California Transportation Commission voted to approve the abandonment of stub 710 in Pasadena, returning approximately 50 acres of property to the city and offering Pasadena a one-time payment of $5 million. The vote marked a historic moment in the city’s long-sought goal to redesign and rebuild what was once an integral and vibrant part of Pasadena.

Once SB 959 is enacted, the City of Pasadena will have the ability to purchase unoccupied properties in stub 710 at their acquisition price and sell them at fair market value, generating funds that the city could reinvest in affordable housing. The bill will also allow current tenants of single-family homes the option of purchasing the property first.

At Tuesday’s special meeting of the Legislative Policy Committee, the Housing Department is due to present a report on the current status of homes on stub 710, many of which are vacant single-family residences.

The presentation will also include options the City is considering to rehabilitate unoccupied properties and convert them into livable yet affordable units, preserve some of the property’s historic homes, generate property taxes, and otherwise generate affordable housing funds. which we sorely need.

A preliminary report from the housing department showed the city could either rehabilitate the homes into affordable homeownership units, as permanent rental units run by the city or a nonprofit, or sell the homes “as is” at market value to generate funds for more housing programs.

In discussing the implications of SB 959, the Legislative Policy Committee intends to make clear recommendations for City Council to consider when considering the most viable steps needed to redeem the stub 710 properties and maximize their supporting value. the city’s affordable housing program.

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