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Home My WebLink About1997-05-14 HC Regular Meeting Agenda Packet PALM DESERT REDEVELOPMENT AGENCY INTEROFFICE MEMORANDUM DATE: MAY 7, 1997 TO: HOUSING ADVISORY COMMITTEE MEMBERS FROM: MARIA HUNT SUBJECT: NOTICE OF COMMITTEE MEETING The next regularly scheduled meeting of the Housing Advisory Committee will be held on Wednesday, May 14, 1997 at 3:30 p.m. in the North Wing Conference Room. Enclosed is the agenda packet for your review. Please call me at 776-6306 and let me know whether or not you will be able to attend the meeting because we need a quorum in order to conduct business. If we do not have a quorum, the meeting will be cancelled. Thank you for your cooperation in this matter. POSTED AGENDA HOUSING ADVISORY COMMITTEE MAY 14, 1997 - 3:30 P.M. NORTH WING CONFERENCE ROOM * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * I. CALL TO ORDER II. ORAL COMMUNICATIONS A. Any person wishing to discuss any item not otherwise on the Agenda may address the Committee at this point by giving his/her name and address for the record. Remarks shall be limited to maximum of five minutes unless additional time is authorized by the Committee. B. This is the time and place for any person who wishes to comment on nonhearing Agenda items. It should be noted that at Committee discretion, these comments may be deferred until such time on the Agenda as the item is discussed. Remarks shall be limited to a maximum of five minutes unless additional time is authorized by the Committee. III. APPROVAL OF APRIL 9, 1997 MEETING'S MINUTES IV. CONTINUED BUSINESS A. Mobile Home Park Issues 1. Portola Palms Mobilehome Park Update B. Proposed Home Improvement Program C. Housing Authority Negotiations Update D. Santa Rosa Apartments Disposition Update 1. Review of Proposal for Scope of Work for Santa Rosa Apt. Rehab V. NEW BUSINESS - None. VI. REPORTS A. Desert Rose Update B. Housing Projects Update C. SB 71 (Kelley) CVAG Proposed Bill VII. ADJOURNMENT ....... ....... • ACi tib 4 Minutes • r 04211 RIO •'•� .-W �` �'�`�•' HOUSING ADVISORY COMMITTEE CONVENE 3:35 p.m., Wednesday, May 14, 1997 ROLL CALL Members Present: J. Richards, G. Holmes, W. Winfield Members Absent: C. Wick Others Present: T. La Rocca, L. Witte ORAL Ms. La Rocca provided the Committee with a flyer inviting them to an COMMUNICATIONS "Ice Cream Social" at Desert Rose, on Saturday, May 31 (6 to 8 P.M.). • MINUTES It was moved by G. Holmes, seconded by W. Winfield and carried to approve the April 9, 1997 meeting's minutes as submitted. CONTINUED A. MOBILE HOME PARK ISSUES BUSINESS J. Richards reported that the Acquisition Association meeting, on April 10, turned out well once past the 'vent session'. Ms. La Rocca reported that the Chairman of the Acquisition Association has been removed from office. The Acquisition Association is considering authorizing a Deed in lieu of foreclosure to the Agency to simplify the foreclosure process and is waiting to receive formal notification on the foreclosure proceedings. B. PROPOSED HOME IMPROVEMENT PROGRAM Ms. La Rocca informed the Committee that Council directed staff to elaborate on the Home Improvement Program Guidelines adding a timeline and processing procedures. She will schedule review of the report for the June 12, 1997 City Council Meeting. In response to G. Holmes' question in regard to requesting additional staff, Ms. La Rocca said she did emphasize the need for additional staff both at the last meeting and in the report. r.. 1 MINUTES ,`` MAY 14, 1997 HOUSING ADVISORY COMMITTEE CONTINUED C. HOUSING AUTHORITY NEGOTIATIONS BUSINESS (CONTD) Item C was deferred until later in the agenda. D. SANTA ROSA APARTMENTS Ms. La Rocca said that work has started on the removal of fixtures and equipment from vacant units in preparation for site visits by interested contractors in response to an RFP being prepared for release. Ms. La Rocca distributed copies of Robert Ritchey's Proposal and Contract which incorporates hiring the landscape architect, civil engineer and building architect for the rehabilitation of the Santa Rosa Apartments. Item is scheduled for Agency Board's review and approval at the May 22, 1997 meeting. It was moved by J. Richards, seconded by G. Holmes and unanimously carried to accept staff's recommendation on retaining Robert Ritchey for the rehabilitation of the Santa Rosa Apartments. Motion was Vote to be added to staff report of May 22, 1997. C. HOUSING AUTHORITY NEGOTIATIONS UPDATE Staff reported that negotiations ae still in process. J. Richards requested that a Request For Proposal (RFP) be released if and when the Agency requires further assistance on preparation of analysis on Agency projects and suggested that this subject be scheduled for the next meeting. Ms. La Rocca clarified that RPM is not preparing the RFP but is preparing a Preliminary Proforma reflecting income, expenses, and including deferred maintenance for staff to review. It was moved by J. Richards, seconded by W. Winfield and unanimously carried to recommend that any projects brought before the Housing Advisory Committee, and subsequently to the Agency Board, be performed under a Request for Proposal. 2 MINUTES MAY 14, 1997 HOUSING ADVISORY COMMITTEE REPORTS A. DESERT ROSE UPDATE Ms. La Rocca, advised that 95 homes have been sold. She reminded the Committee that the subsidies reflected in the update report do not include land cost of approximately $19,000 per home. Average Desert Rose rate of sales is currently at 7 per month. J. Richards congratulated staff on a job well done, for hiring the right company to get the job done inspite of the bad housing market. W. Winfield inquired if there was a particular model that is not selling, to which Ms. La Rocca indicated model "B", and that incentives are being offered in the form of upgrades to move these units. In regard to the Child Care Center, J. Richards said he's interested in how many children there belong to City employees. Ms. La Rocca will research. The Child Care Center will be starting the after school program soon. G. Holmes inquired if the YMCA program is subsidized and if so, how much? The response was that $35,000 is subsidized by CDBG through the City and used to defray tuition fees to qualified families. The Committee commented that the Child Care Center is well managed. B. HOUSING PROJECTS UPDATE Committee was provided with copy of Housing Projects Update report. C. SB71 (KELLEY) CVAG PROPOSED BILL SB71 - proposed CVAG Housing Bill was distributed for the Committee's review and information. Discussion followed. D. NEXT MEETING - AGENDA ITEM Cal State San Bernardino interns' report on Palm Desert's Housing Data Research. 3 MINUTES MAY 14, 1997 HOUSING ADVISORY COMMITTEE ADJOURNMENT Motion was made by William Winfield and seconded by H. Holmes to adjourn the meeting. Meeting was adjourned at 4:35 p.m. bU6 ("1.4— Carlos L. Ortega Secretary TLR:Iw Now RECEIVED 04/97 APR 1 5 1997 PALM DESERT J /j',2ccet REDEVELOPMENT AGENCY 73510 glee/9a4ing e114 3a-/ni�eaesG Wa4 92260 geavv�eyeei Gn'&ehia o acilo9 e tnem4ere4-op oVrriaitiork 660a/a 0, tWyttola,pz4na, t/warn to,Ma gdu/co-rnw to-theiffai i4w/ conceAneci do neoufne/P45 laandetwvthei/ reeoli'ano-afloat f�iei loa,?o,we /iaw&with/the'e?edevelofirnentayencr gleatw extern t oat/a/ 4eciaclion�lais»7��'iclia4da, ao-1�wad/Inoat Iteatfrl u vliia eafie/uence/alullrnowledfe% Wilk Me,excel/Iiosv ofPone-lwsneow g lelteVe'eve one now/ Liao-a' ldteivfirt e�ralandiws oit4Atalicial dezimu 4gaa/tom/ all o/tea/on/thei4cguialiani,Woa burn fav(yarrvcoo/1 4am llala/pa►lmo-fcjuiailiari dlocriel RECEIVED MEMORANDA APR 1 5 1997 PALM DESERT April 11, 1997 REDEVELOPMENT AGENCY To Teresa La Rocca Housing Programs Coordinator City of Palm Desert From: Mary Culver AJ Director of Child Care Services Family YMCA of the Desert Regarding: The Jean Benson Child Care Center I would like to give you an update on the progress of the child care center, as of April 1997. The center is growing by leaps and bounds, every day we receive at least 2 -3 phone calls regarding the program. We now have all three pre-school classrooms in operation. The children and staff are settling into their classrooms and are enjoying the rooms and supplies. The center has 42 children enrolled in the program, with 37 receiving some type of subsidy. The number of children receiving subsidy from CDBG funds is 32 and YMCA subsidy is 5. The break down of parents using the center is as follows: Anza Residents 1 Bermuda Dunes Residents 3 Cathedral City Residents 3 Desert Rose Residents 4 Indio Residents 3 La Quinta Residents 5 Palm Desert Residents 20 Rancho Mirage Residents 3 Of the 42 enrolled 31 are from single parent families, which is 74%. As this center demonstrates with 88% of those enrolled receiving subsidy, the need for more subsidies programs, as well as an increase in funds available. PALM DESERT REDEVELOPMENT AGENCY INTEROFFICE MEMORANDUM DATE: May 3, 1997 TO: CARLOS ORTEGA, Executive Director RDA FROM: TERESA L. LA ROCCA, Housing Progra s Co dinator SUBJECT: DESERT ROSE UPDATE Sales: 91 units (Phase 1, 2 and 3) Average to date subsidies (exclusive of sales price reduction) Average mortgage subsidy $11,112 Average closing costs $ 2,318 Average interest buy down $ 3,093 $16,523 Escrows: 67 Closed 24 Open Escrows Ni"' ii. Income Breakdown: 4 Family of very low income (Closings) 54 Families of low income 33 Families of moderate income Phase I: 8 Units available Phase II: 18 Units available no. Phase III: 44 Units available » Average Sales Rate: 7 sales per month » Traffic: 95 Walk-ins (average per week) 38% Mature prospective buyers (average) 62% Family prospective buyers (average) '+ Summary of the Media Campaign: Designing summer campaign to include TV, radio and newspaper advertorials. Researching flyer destribution ordinances for surrounding cities. Page 1 of 2 SUBJECT: DESERT ROSE UPDATE April 3, 1997 `.. HH„i Buyer Profile The following is a breakdown of buyers at Desert Rose: 90 % Local (originated from one of the desert cities) 50 % Palm Desert residents 15 % Palm Springs residents 15 % Cathedral City residents 7 % Indio residents 4 % Rancho Mirage residents 6 % Bermuda Dunes residents 3 % La Quinta residents As you can see from the above list, the project is atracting predominantly Palm Desert residents who were our target group from the inception. 1111 Page 2 of 2 C PALM DESERT REDEVELOPMENT AGENCY INTEROFFICE MEMORANDUM DATE : May 1, 1997 TO : Carlos Ortega, Executive Director RDA FROM: Teresa La Rocca, Housing Programs Coordin for SUBJECT: AGENCY HOUSING PROGRAM - UPDAT PORTOLA PALMS MHP ACQUISITION ASSOCIATION: Have forwarded the Notice of Default along with the Deed of Trust to First American Title on April 28, 1997, with instructions to open an escrow and proceed with the processing of foreclosure on the ring note. The Acquisition Association is considering authorizing a Deed in lieu of foreclosure to the Agency which will simplify the foreclosure process. Official action will be taken by the Acquisition Association once they have received formal notification on the foreclosure proceedings. SPACE NO. 88 Staff continues to work with a potential tenant is interested in a lease and possible purchase of the space. ea- HOME IMPROVEMENT PROGRAM Staff is preparing a staff report for review and action by the Agency at their June 12, 1997 meeting. HOUSING AUTHORITY AUDIT Staff continues with review and analysis of bond and financial documents. Staff waiting for additional pertinent information requested from the Housing Authority in order to complete analysis. This matter continues under confidentiality due to potential legal issues. SANTA ROSA APARTMENTS Have contracted with Joseph Russell to begin removal of fixtures and equipment from vacant units in preparation for release of Request for Proposal (RFP) and walk- throughs by interested contractors. Staff is preparing staff report to go to the Agency Board meeting of June 12, for review and action on hiring an architectural firm to begin preparing the scope of work to be incorporated into the RFP. Two of the three remaining households have been relocated. The third will continue to live onsite to provide security until rehabilitation construction begins. SUBJECT: AGENCY HOUSING PROGRAM - UPDATE April 15, 1997 4 DESERT ROSE Please see attached update. SB71 Attached is a copy of the latest version of SB71 as proposed by Senator Kelley on behalf CVAG, along with Amendments 1 and 2, for your review and information. 4 HOUSING ANALYSIS The student interns have been working on identifying our existing multi-family housing stock in order to determine future need. Their analyses will include number of multi-family units, vintage, bedroom breakdown, rental rate, occupancy level, average income of tenants. Staff will review the first draft of the analyses by Monday, May 5. • Mir Page 2 of 2 • A P R — 2 4 — 9 T T H U 1 1 : 4 2 K E N N E T H E M A N U E L S it post-(r Fax Note 7671 gam.ogee 1111111,9 m 'I '►U r��►� -A t • Co.vo,. a.0 Co. Phoric Y Pnono Fax R in l �ra Fax N a Amendments to SB 71 (Kelley)As amended April 8, 1997 Amendment#1, On page 3, delete lines 3 to 39, delete pages 4 through 7, delete on page 8, lines 1-9. Amendment#2 SEC. 2. Section 33334.25 is added to the Health and Safety Code, to read: 33334.25. (a) There is hereby established the Coachella Valley Redevelopment Affordable Housing Pilot Project for the purpose of allowing the redevelopment agencies of the nine cities located in the Coachella Valley of Riverside County and the Redevelopment Agency of the County of Riverside, to make expenditures from their Low and Moderate Income Housing Funds for purposes located outside of their territorial jurisdiction, consistent with this section and the Community Redevelopment Law, in order to efficiently provide and improve low-income housing in blighted redevelopment project areas within the regional housing market of the Coachella Valley. (b) Notwithstanding Section 33334.17 as amended by Senate Bill 488 of the 1997-98 Session, the transfer of funds from a donor agency to a receiving community shall be described in a mutually acceptable, binding contract approved by the donor agency and the legislative body of the receiving community. The contract shall include but not be limited to the following provisions: (1) Moneys from the fund shall be used in the receiving community to pay for the direct costs of constructing, rehabilitating, or otherwise assisting housing units which are affordable to lower income households and very low income households, which may include the following: (A) Housing units that are presently available at affordable housing cost to very low income persons or families but are units that the agency finds, based upon substantial evidence, cannot reasonably be expected to remain affordable to very low income persons or families. (B) Housing for families moving from welfare to work which would be eligible for assistance from the Family Housing Demonstration Account established by Section 50882. APR - 24 - 97 T HU 1 1 : 43 KENNETH ENANUEL (C)Housing developments for farmworkers that are or would be eligible for assistance from the Farmworker Housing Grant Program established by Chapter 3.2 (commencing with Section 50517.5) of Division 31. (2) A donor agency's use of this section shall result in the development, rehabilitation or assistance of a greater number of housing units of the same type than if the moneys had been spent in the jurisdiction of the donor agency. (3) Before a donor agency may use the provisions of this section, the community in which the donor agency is located must have met, in the current or previous housing element cycle, at least 40 percent of its existing share of the region's affordable housing needs, as defined in Section 65584 of the Government Code, for very low and lower income households. (c) This section shall apply only to agencies, cities and the county located within the boundaries of the Coachella Valley Association of Governments. _mencmen1. .3. On page 8, line 10, change SEC. 4 to SEC. 3. • • SB 71 Senate Bill-AMENDED http://www.leginfo.ca.gov/pub/bill/.../sb_71_bill_970331_amended_sen.html BILL NUMBER: SB 71 AMENDED BILL TEXT AMENDED IN SENATE MARCH 31, 1997 INTRODUCED BY Senator Kelley DECEMBER 11, 1996 An act to add e t fe�ea1-seet}ene 3333r3Banei 33334 30 e5- Section 65584. 7 to the Government Code, and to add Section 33334.25 to the Health and Safety Code, relating to redevelopment. LEGISLATIVE COUNSEL'S DIGEST SB 71, as amended, Kelley. Redevelopment: Coachella Valley: low- and moderate-income housing. The existing Community Redevelopment Law authorizes the establishment of redevelopment agencies in communities to address the effects of blight, as defined, in those communities. This law generally prohibits a redevelopment agency from using money in its Low and Moderate Income Housing Fund outside the agency's jurisdiction except under limited conditions. This bill would establish 2 pilot projects to be administered by the Department of housing and Community Development, that would allow 10 specified jurisdictions in the Coachella Valley, to (1) transfer housing act aside funds to any one or more of the ether-eem critics therein ix er-elcr to efficiently provide low and moderate income housing where it is determined by the communities to be most appropriate consistent with the Community Redevelopment Law and (2) to enter into cooperative agreements by which the truer conditions prescribed by the department a pilot project that would allow, under specified conditions, any of the redevelopment agencies in the Coachella Valley to transfer money from its Low- and Moderate-Income Housing Fund to any one or more of the other communities therein in exchange for affordable housing credits to meet project area production requirements or regional housing needs, or both, in order to revitalize and provide low- and moderate-income housing in blighted downtown communities . This bill also would make legislative findings relating to the need for the pilot projects. The California Constitution provides that a local or special statute is invalid in any case if a general statute can be made applicable. This bill would declare that, due to the unique circumstances rr within the Coachella Valley that the bill is intended to remedy, a 4jU' general statute within the meaning of specified provisions of the California Constitution cannot be made applicable and a special statute is necessary. o� This bill would state that these provisions arc to remain 4 �;ry I 1 in effect only until provide that on or after January 1, 2008, and as of that date arc repealed no redevelopment agency shall enter into a contract pursuant to these provisions unless a later enacted statute, enacted before 1 of 6 4/14/97 1:10 PM SB 71 Senate Bill-AMENDED http://www.leginfo.ca.gov/pub/billl.../sb_71_bill_970331_amended_sen.html that date deletes or extends that date. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. The Legislature finds and declares, as follows: (a) The 10 jurisdictiona communities in the Coachella Valley of California have a total population of that of a medium-sized city in this state. (b) Thc3c jurisdictions The 10 communities in the Coachella Valley are bounded by mountains and desert, forming a relatively compact and seamless development pattern and single housing market area . (c) Larger individual municipalities in this state are able to make rational allocation of housing resources by more effectively targeting low-and moderate-income housing in areas with affordable real estate, adequate infrastructure, and good linkages to jobs and services. (d) It is in the best interests of the people of California that the California Redevelopment Law provide greater flexibility to redevelopment agencies of small communities located in a larger finite region in using low-and moderate-income act aoidc funds outside of their jurisdictions in order that these funds be expended more atratcgicolly efficiently . SEC. 2. Section 65584. 7 is added to the Government Code, to read: 65584. 7. (a) A city or county located within the Coachella Valley, including the County of Riverside, whose redevelopment agency transfers housing funds to a provider agency pursuant to Section 33334.25 of the Health and Safety Code may receive credit for satisfying its share of the regional housing need determined pursuant to Section 65584. (b) For transfers of regional housing need pursuant to this section, the contract between the investor agency and provider agency, in accordance with subdivision (d) of Section 33334.25 of the Health and Safety Code, shall comply with the following provisions: (1) The transfer of credit shall apply to the housing element planning period in force, identified in Section 65588, at the time of the transfer and to future housing element periods to the extent that the city or county of an investor agency has exceeded its share of the regional housing need. (2) The city or county of an investor agency that transfers housing funds to a provider agency may receive credit for satisfying its share of the regional housing need determined by Section 65584, provided the units assisted are funded by, in whole or part, the transfer. (3) The city or county of an investor agency that transfers UJ housing funds to a provider agency may receive credit for satisfying its share of the regional housing need determined by Section 65584, )( for new units provided in the city or county of the provider agency �` during the housing element planning period. - ey) (4) The city or county of the provider agency may not count those ��,1' ww ‘ 2 of 6 4/14/97 1:10 PM SB 71 Senate Bill-AMENDED http//vww✓.leginfo.ca.gov/pub/bill/. /sb_71_bill_970331_amended_senhtml same transferred housing units toward its own share of the region's affordable housing need. S SEC. 3. Section 33334.25 is added to the Health and Safety de, to read: /` 33334.25. (a) There is hereby established the Coachella Valley Redevelopment Affordable Housing Credit Pilot Project, / to be for the purpose of allowing the 10 redevelopment agencies of the 10 communities located in the Coachella '\ Valley, including the Redevelopment Agency of the County of Riverside, to use their Low- and Moderate-Income Housing Funds Ioutside of their territorial jurisdiction, consistent with this section, in order to efficiently provide and improve low- and / moderate-income housing in blighted redevelopment project areas in the regional housing market of the Coachella Valley. (b) (1) Notwithstanding subdivision (c) of Section 33334.3 or i Section 33670, an investor agency may transfer money from its Low- and Moderate-Income Housing Fund established pursuant to Section 33334.2 or 33334. 6 to a provider agency in exchange for affordable I/ housing credits. (2) An investor agency that transfers housing funds to a provider agency may receive credit for satisfying project area production I requirements, pursuant to paragraph (1) or (2) of subdivision (b) of Section 33413, provided the units funded by, in whole or part, the 1 transfer are used by the provider agency for new construction, r substantial rehabilitation, or the acquisition of long-term � affordability covenants in accordance with the current provisions of �/+ ?� subdivision (b) of Section 33413. The provider agency and its community shall obtain and maintain enforcement authority over long-term affordability covenants in accordance with paragraph (2) of I • subdivision (f) of Section 33334.3. (3) An investor agency that transfers housing funds to a provider agency may receive credit for satisfying project area production requirements, pursuant to paragraph (1) or (2) of subdivision (b) of Section 33413, for units that were previously constructed, substantially rehabilitated, or for which affordability covenants were acquired, in the community of the provider agency, provided the units have long-term affordability covenants in accordance with subdivision (c) of Section 33413, the provider agency or a state or federal agency has enforcement authority over the covenants, and the \\\,-....-- provider agency does not use the units to satisfy its housing production 'requirements. (c) An investor agency may transfer its housing funds to a provider agency, provided the funds are used by the provider agency in accordance with the provisions of subdivision (e) of Section 33334.2 and Section 33334.3. (d) Each of the following conditions shall be met and described in a mutually acceptable, binding contract between the investor agency, the legislative body of the investor community, the provider agency and the legislative body of the provider community before an agency identified in subdivision (a) of this section may transfer money from its Low- and Moderate-Income Housing Fund to another agency located in the Coachella Valley: (1) The contract shall specify the terms and conditions under which the affordable housing credits will be transferred, the allocation of credits, in accordance with subdivision (b) and the responsibilities of each agency. In no circumstance shall a single III 3 of 6 4/14/97 1:10 PM SB 71 Senate Bill-AMENDED http://www.leginfo.ca.gov/pub/billl.../sb_71_bill_970331_amended_sen.html housing unit count as more than one credit. (2) The investor agency may purchase affordable housing credits 01 only if the community of the investor agency has, in the current or f'" A 140 �'� NW previous housing element cycle, met 40 percent or more of its share P of the region 's affordable housing needs for very low and low-income households, as defined in Section 65584 of the Government Code. 7"` (3) The provider agency shall use transferred francs within three �f years of the date it first receives moneys from the investor agency pursuant to this section. At the end of three years, all unencumbered low- and moderate-income housing funds transferred from the investor agency to the provider agency shall be transferred back to the agency from which the moneys were generated. „y� (4) An investor agency shall separately account for all moneys 11.r�,(/ transferred and expenditures made pursuant to this section and shall comply with all annual reporting requirements under the provisions of this part. An investor agency that transfers housing funds shall 6 report the transfer as a use of its Low- and Moderate-Income Housing {�i Fund, during the year in which the transfer occurs. Affordable housing credits shall be included in the investor agency's annual report prepared and submitted in accordance with Section 33080.1 and 33080. 4, the compliance plan pursuant to subdivision (b) of Section 33413, and its share of the region 's affordable housing needs, as defined in Section 65584 of the Government Code, in accordance with the provisions of this section and as specified in the contract between the investor agency and the provider agency. The provider agency shall report the receipt of transferred funds, but shall forfeit the ability to receive credit against any of its housing obligations for low- and moderate-income housing units counting as 7 transferred affordable housing credits. n (5) An investor agency shall receive credit for the use of its transferred funds for meeting project area production requirements in 4/.;1154 accordance with paragraphs (1) and (2) of subdivision (b) upon one `� or more of the following events: n ) yv� � (A) Execution by both parties of a contract providing affordable \,,, housing credits for existing low- and moderate-income units. (x) 115 (B) Issuance of a certificate of occupancy. �, X (C) Completion of rehabilitation improvements. (D) Recordation of affordability covenants. Affordable housing credits may be credited towards the housing obligations under Section �y 33413 so long as the units satisfy the affordability covenant d \ requirements of that section. (6) The provider community and the investor community shall, at „y� least 45 days before the date proposed for the approval of the contract, hold a public hearing, after providing notice pursuant to Section 6062 of the Government Code, to solicit public comments on the draft contract, including its terms, conditions, and determinations. (7) An investor agency may only transfer its funds to a providing i"/ agency within the Coachella Valley, defined as the boundaries of the Coachella Valley Association of Governments. (or? J (8) No moneys shall be transferred from an investor agency that has, pursuant to Section 33413, replacement housing requirements that mast be met, unless sufficient moneys are identified to meet those needs. (e) The expenditure of low- and moderate-income housing funds and 441, other tax increment funds allocated to an agency pursuant to Section 4 of 6 4/14/97 1:10 PM SB 71 Senate Bill-AMENDED http://www.leginfo.ca.gov/pub/bill/.../sb_71_bill_970331_amended_sen.html 33670 outside of the territorial jurisdiction of an agency, as authorized by this section, shall, upon the adoption of the IIIagreement, be deemed to be of benefit to the redevelopment plan and a part of the redevelopment plan of the project area, as if the redevelopment plan had been amended to include the contract and those expenditures. However, in adopting the agreement pursuant to this section, neither the investor agency nor the provider is required to comply with Article 12 (commencing with Section 33450) . (f) As used in this section: (1) "Investor agency" means an agency which proposes to spend moneys from its Low- and Moderate-Income Housing Fund outside its jurisdiction in exchange for receiving affordable housing credits. (2) "Provider agency" means an agency which proposes to accept money from an investor agency's Low- and Moderate-Income Housing Fund and to transfer affordable housing credits. (3) "Low- and moderate-income housing units" means dwelling units occupied by or available for occupancy by persons and families for low- or moderate-income, as defined in Section 50093, lower income households, as defined in Section 50079.5, and very low income households, as defined in Section 50105, at an affordable housing cost in accordance with the provisions of Section 50052.5. (g) On or after January 1, 2008, no agency shall enter into a contract pursuant to this section unless a later enacted statute, which is enacted before January 1, 2008, deletes or extends that date. Affordable housing credits transferred in accordance with this section shall continue to qualify toward satisfying an investor agency's affordable housing requirements as specified in the contract between the investor agency and the provider agency. eadministered by thc Department of Housing and Community Dcvclopmcnt for thc purpose of allowing the following communities located in the Coachella Valley to transfer set aside funds, within the meaning set forth in Section 33331.2, to any one or more of the other communities therein in order to efficiently provide low and moderate housing where it is determined by the communities to be most appropriate consistent with this article: (1) Cathedral City. 2) Coachella. (3) Desert Hot Springs. (1) Indian Wells. 5) Indio. (6) La Quinta. (7) County of Riverside. (8)- Palm Desert. (9) Ilalm Springs. (10) Rancho Mirage. (b) This section shall remain in effect only until January 1, 2008, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2008, deletes or extends that date. EEC. 3. Section 33334.30 is added to the II alth and Safety Code, to read: 33331.30. (a) There is hereby established the Coachella Valley Redevelopment Housing Credit Transfer Pilot Project, to be administered by the Department of Housing and Community Development for the purpose of allowing one or more of the following communities located in the Coachella Valley to enter into cooperative agreements by which the participating jurisdictions may agree to transfer housing credits under conditions prescribed by the department: 5416 4/14/97 1:10 PM SB 71 Senate Bill-AMENDED http://www.leginfo.ca.gov/pub/bill/.../sb_71_bill_970331_amended_sen.html (1) Cathedral City. (2) Coachella. (3) Dcacrt IIot Cpringa. (4) Indian Wrlla. (5) Indio. (G) La Quinta. (7) County of Rivcraidc. (8) Palm Dcacrt. (9) Qlm Springa. (10) Rancho Mirage. (b) Thia acction Shall remain in effect only until January 1, 2008, and as of that date is repealed, unlcaa a later cnactcd atatutc, that is cnactcd bcforc January 1, 2000, dcictca or cxtcnda that date. SEC. 4. The Legislature finds and declares that, because of the unique circumstances applicable only to the Coachella Valley communities, a statute of general applicability cannot be enacted within the meaning of subdivision (b) of Section 16 of Article IV of the California Constitution. Therefore, this special statute is necessary. 6 of 6 4/14/97 1:10 PM SB 71 Senate Bill-History http://www.leginfo.ca.gov/pub/bill/...b_0051-0100/sb_71_bill_history.html COMPLETE BILL HISTORY BILL NUMBER : S.B. No. 71 AUTHOR : Kelley TOPIC : Redevelopment: Coachella Valley: low- and moderate-income housing. TYPE OF BILL : Active Non-Urgency Non-Appropriations Majority Vote Required Non-State-Mandated Local Program Non-Fiscal Non-Tax Levy BILL HISTORY 1997 Apr. 8 Set for hearing April 21. Apr. 8 From committee with author's amendments. Read second time. Amended. Re-referred to committee. Apr. 7 Set, first hearing. Testimony taken. Further hearing to be set. Apr. 3 From committee with author's amendments. Read second time. Amended. Re-referred to committee. Mar. 31 From committee with author's amendments. Read second time. Amended. Re-referred to committee. Feb. 14 Set for hearing April 7. Jan. 7 To Com. on H. & L.U. Jan. 6 Read first time. 1996 Dec. 12 From print. May be acted upon on or after January 11. Dec. 11 Introduced. To Com. on RLS. for assignment. To print. L 1 of 1 4/14/97 1:05 PM SB 71 Senate Bill-Status http://www.leginfo.ca.gov/pub/bill/sen/sb_0051-0100/sb_71_bill_status.html CURRENT BILL STATUS tior MEASURE : S.B. No. 71 AUTHOR(S) Kelley. TOPIC Redevelopment: Coachella Valley: low- and moderate-income housing. HOUSE LOCATION SEN +LAST AMENDED DATE 04/08/97 TYPE OF BILL : Active Non-Urgency Non-Appropriations Majority Vote Required Non-State-Mandated Local Program Non-Fiscal Non-Tax Levy LAST HIST. ACT. DATE: 04/08/97 LAST HIST. ACTION Set for hearing April 21. COMM. LOCATION SEN HOUSING AND LAND USE HEARING DATE 04/21/97 31 DAYS IN PRINT 01/11/97 TITLE An act to add Section 65584.7 to the Government Code, and to add Section 33334.25 to the Health and Safety Code, relating to redevelopment. 4111, Ti ion 4/14/97 1:04 PM POSTED AGENDA HOUSING ADVISORY COMMITTEE MAY 14, 1997 DECLARATION OF POSTING I, Maria Hunt, Secretary to the Executive Director of the Palm Desert Redevelopment Agency, do hereby declare that the foregoing agenda for Housing Advisory Committee meeting of Wednesday, May 14, 1997 was posted on the bulletin board by the outside entry to the Council Chambers, 73-510 Fred Waring Drive, Palm Desert, on May 7, 1997. Dated: May 7, 1997 MARIA HUNT, Secretary to Executive Director Palm Desert Redevelopment Agency