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HomeMy WebLinkAboutRes 2019-75 - PP 16-102 - Waiver of DIF - ARC VillageSTAFF REPORT CITY OF PALM DESERT COMMUNITY DEVELOPMENT DEPARTMENT MEETING DATE: September 12, 2019 PREPARED BY: Eric Ceja, Principal Planner REQUEST: Consideration of a Resolution reaffirming a waiver of Development Impact Fees (DIF) for the ARC Village affordable housing development located at 73-255 Country Club Drive. Recommendation Waive further reading and adopt City Council Resolution No. 2019- 75 waiving a maximum of $50,675.85 in DIF for the ARC Village affordable housing development. Strategic Plan Obiective The reaffirmation of a waiver of DIF for this project is supported by the following Strategic Plan Objectives: Land Use, Housing & Open Space Priority 2: Facilitate development of high -quality housing for people of all income levels. Priority 4: Utilize progressive land use policies and standards to support ongoing and future needs. Executive Summary The City Attorney has advised that the City Council should reaffirm its previous action to provide a waiver of certain development impact fees for the ARC Village affordable housing development. The developer of the project has expanded their efforts to obtain financing for the development to include a more varied source of state, local, and non- profit funding sources. The applicant has applied for multiple cycles of tax credit financing with the State and has recently been awarded vouchers from the Riverside County Housing Agency. As a means to clarify and reaffirm the City Council's support of the waiver of fees for the project, the City Attorney has asked that a new resolution be adopted. Consistent with Resolution 2017-16, the waiver of certain development impact fees are not to exceed $50,675.85. September 12, 2019 — Staff Report ARC Village DIF Waiver Page 2 of 3 Proiect Description Desert ARC has partnered with Allied Real Estate to develop 36 residential units for special needs housing at the Desert ARC Campus. In May 2016, the Planning Commission approved the 36-unit development for high -functioning special needs adults. From the onset, the applicant had made it clear that financing for the project was always contingent on the applicant's ability to obtain State Tax Credits through the State Tax Credit Allocation Committee. Applications for the tax credits are highly competitive, and the applicant failed to obtain the State tax credits on multiple application cycles. As such, the applicant has expanded their efforts to close the gap in financing the project and is pursuing new sources of funding. Since the previous City Council Resolution was specific in supporting a waiver of development impact fees when the applicant was pursuing State Tax Credits, the City Attorney has advised that the City Council reaffirm its support of the fee waiver and acknowledge that State Tax Credits are not the sole reason to support the relief. Waiver of fees does show favorably for project support and does make a difference when the applicant applies for funding sources. Backaround Analvsis Development Impact Fees are collected by the City to expand or improve existing public facilities and infrastructure. Some impact fees collected by the City are passed on to other agencies such as a school district, the Coachella Valley Association of Governments, or State agencies. Other fees are imposed by the City to cover plan checks and inspections, to expand the City's public art programs, or to expand park facilities (Quimby fees). For estimating purposes the City has estimated fees for the project to be $145,110.87. City imposed fees are estimated to be $50,675.85 of the total and includes fees for childcare mitigation, public art, drainage facilities, and others. To the best of staff's knowledge, the City has only waived development impact fees for one project — this one in 2017. At that time, the City Council supported the fee waiver based on the project merits as the project fulfills a great community need by providing affordable housing to special needs adults at a project site that is very difficult to develop. Affordable housing is increasingly hard to build, and the City should explore creative options to ensure this type of housing is provided in the City. Additionally, because the project site is landlocked, it is very difficult to put any development on the site. This particular proposal is a great fit for the site, as the housing type generates far less traffic than traditional multi- family housing, and employment recreation and support facilities are provided on -site. Staff is recommending approval of the fee waiver only for this project to help close the financing gap on the project and to show City support of the project. Showing City support of the project helps the applicant apply for other funding sources. Staff does not recommend opening fee waivers for other development types at this time. GAPlanning\Eric Ceja\Case Files\PP\PP 16-101 Desert ARC Village\Fees\CC Staff Report (2019).doc September 12, 2019 — Staff Report ARC Village DIF Waiver Page 3 of 3 Fiscal Analvsis There is no direct monetary contribution made by the City to the applicant. However, the City would forgo receiving $50,675.85 in development impact fees from the applicant. LEGAL REVIEW y6e Hargreaves City Attorney DEPT. REVIEW Ryan Stendell Director of Community Development FINANCIAL REVIEW NIA Janet Moore Director of Finance City Manager, Lauri Avlaian: ATTACHMENTS: 1. Draft City Council Resolution 2019- 75 ASSISTANT CITY MANAGER i Firestine 3tant City Manager G:\Planning\Eric Ceja\Case Files\PP\PP 16-101 Desert ARC Village\Fees\CC Staff Report (2019).doc CITY COUNCIL RESOLUTION NO.2019- 75 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM DESERT CALIFORNIA ADOPTING A WAIVER OF DEVELOPMENT IMPACT FEES FOR THE ARC VILLAGE AFFORDABLE HOUSING DEVELOPMENT LOCATED AT 73-255 COUNTRY CLUB DRIVE CASE NO: PP 16-102 WHEREAS, the Planning Commission of the City of Palm Desert, California, did on the 17th day of May, 2016, hold a duly noticed public hearing and approved the request by Allied Real Estate Partners, for a 36-unit residential project dedicated to housing high - functioning special needs adults; and WHEREAS, the applicant has applied for multiple cycles of funding with the State Tax Credit Allocation Committee for a 9% "Low -Income Housing Tax Credit" and received a perfect score by the Committee but did not receive the tax credit due to "tie -breakers" that favored other projects; and WHEREAS, the applicant has demonstrated a commitment to the project and has made progress in obtaining other sources of funding, including obtaining vouchers from the Riverside County Housing Authority, and that providing a waiver of development impact fees the City showing financial support of the project in an amount of $50,675.85; and WHEREAS, the project itself is unique in fulfilling a great need for affordable housing units for special needs adults at a project site that is difficult for another type of development; and WHEREAS, the circumstances and financial mechanisms to build the project are unique and a waiver of development impact fees is a means to ensure that the project is built and that new affordable housing units are developed; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AS FOLLOWS: 1. That the above recitations are true and correct and constitute the findings of the City Council in this case. 2. That the City Council does hereby approve the applicant's request for a waiver of development impact fees in the amount of $50,675.85 based on the circumstances of the project. CITY COUNCIL RESOLUTION NO.2019- PASSED, APPROVED, AND ADOPTED by the City Council of the City of Palm Desert, California, at its regular meeting held on this 12th day of September 2019, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: ATTEST: RACHELLE D. KLASSEN, CITY CLERK SUSAN MARIE, MAYOR 4