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1998-09-30 HC Special Meeting Agenda Packet
PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: October 20, 1998 TO: SHEILA R. GILLIGAN, DIRECTOR OF COMMUNITY AFFAIRS/CITY CLERK FROM: DIANA LEAL, SENIOR OFFICE ASSISTAN SUBJECT: HOUSING COMMISSION MINUTES Attached is a copy of the minutes for: + Housing Commission Meeting of September 30, 1998 approved at the Housing Comission Meeting held on October 14, 1998. Please submit to the Agency Board. , Thank you. cc: Carlos Ortega CITY COUNCIL ACTION: APPROVED DENIM RECEIVED OTKIM .YiEETINC DATEJ)fv. ( 2 g ..•TES: �A,�' -tt y 9 VLIV YI I)ES: d i , U (.)SENT: U c� . .s3STAIN: (ER IFIED BY: Y o E 0 ' r.1rtina1 on File' ith City Clerk's Offic2 Q w � ua c " F-- U O 03 3 POSTED AGENDA HOUSING COMMISSION SEPTEMBER 30, 1998 3:30 P.M. NORTH WING CONFERENCE ROOM DECLARATION OF POSTING I,Diana Leal, Senior Office Assistant of the Palm Desert Redevelopment Agency,do hereby declare that the foregoing agenda for the Housing Commission Special meeting of Wednesday, September 30, 1998 was posted on the bulletin board by the outside entry to the Council Chambers,73-510 Fred Waring Drive, Palm Desert,on September 23, 1998. Dated: Se mber 3 1 98 Gr ' 0 iana Leal, 'or Office Assistant Palm Desert Redevelopment Agency 0 PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: SEPTEMBER 23, 1998 TO: HOUSING COMMISSION MEMBERS FROM: DIANA LEAL, SENIOR OFFICE ASSISTANT: sig SUBJECT: NOTICE OF HOUSING COMMISSION MEETING A Special Meeting of the Housing Commission will be held on Wednesday, September 30, 1998 at 3:30 p.m. in the North Wing Conference Room. Enclosed is the agenda. Please call me at 776-6349 to let me know if you will be able to attend the meeting because a quorum is necessary in order to conduct business. Thank you for your cooperation in this matter. r PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: SEPTEMBER 23, 1998 TO: JIM FOLEY - RPM COMPANY FROM: DIANA LEAL, SENIOR OFFICE ASSISTANT 4111X... SUBJECT: NOTICE OF HOUSING COMMISSION MEETING You are invited to attend a Special Meeting of the Housing Commission will be held on Wednesday, September 30, 1998 at 3:30 p.m. in the North Wing Conference Room. Enclosed is the agenda. iE t POSTED AGENDA iniiiiiiinainenningiii!iMOBEF SPE CIAL MEETIN ,. • HOUSING COMMISSION September 30, 1998, 3:30 P.M. North Wing Conference Room XXY.Y.Y.XXX** XXXX**�CXXY.Y.XXX XXXXXY.XXXXXY.XXXXXXXXY.Y.XXXXXX X..XXX XXXXXXXX I. CALL TO ORDER II. ORAL COMMUNICATIONS A. Any person wishing to discuss any item not otherwise on the Agenda may address the Commission 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 Commission. B. This is the time and place for any person who wishes to comment on nonhearing Agenda items. It should be noted that at Commission 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 Commission. III. APPROVAL OF MEETING'S MINUTES - July 8, 1998 CANCELLATION OF MEETING - August 12, 1998 INFORMATIONAL MEETING - September 9, 1998 IV. NEW BUSINESS A. 40-Acre Site Development(Conceptual Plan) B. Housing Production Analysis (Jim Foley) C. Acquisition/Rehab/Resale Program Proposal -Update (Oral) D. Building Horizons' Proposal V. CONTINUED BUSINESS (ORAL REPORTS) A. Housing Authority Properties 1. One Quail Place Suggestions for name change(Continued from 7/8/98) 2. Waiting list review(cont.) B. Mobile Home Park Issues 1. Portola Palms Mobile home Park Sale of Lots -Update Lots#18, 98, and 124 C. Home Improvement Program(Bryce) - "Volunteer Day"November 11, 1998 2nd Annual "Make A Difference Day"Event D. Santa Rosa Apartments Rehabilitation Update (Charlene) 1. Pool cost estimates. VI. REPORTS A. Housing Projects Update VII. REQUEST FOR CLOSED SESSION MATTERS CONFERENCE WITH REAL PROPERTY NEGOTIATOR pursuant to Section 54956.8 1. Property: 44-845 Las Palmas Avenue Negotiating Parties: Dennis Purpura/Bill Donohoo Agency: Carlos Ortega/Teresa La Rocca Property owner: Palm Desert Redevelopment Agency Under Negotiation: Property Transaction PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: October 20, 1998 TO: SHEILA R. GILLIGAN, DIRECTOR OF COMMUNITY AFFAIRS/CITY CLERK FROM: DIANA LEAL, SENIOR OFFICE ASSISTANT I • SUBJECT: HOUSING COMMISSION MINUTES Attached is a copy of the minutes for: + Housing Commission Meeting of September 30, 1998 approved at the Housing Comission Meeting held on October 14, 1998. • Please submit to the Agency Board. Thank you. cc: Carlos Ortega I witiccrf,),1 Minutes ._=a753i••. t : Hoyt sIN Co MMISSI r CONVENE 3:34 p.m., Wednesday, September 30, 1998 ROLL CALL Members Present: Carrie McLeod, Roger Dash, Marion "Rusti" Olsen, Philip Sladick, Lawrence Saindon, Leo Sullivan Members Absent: Ben Kurtz (Excused), G.A. Holmes (Excused) Others Present: Carlos Ortega, Teresa La Rocca, Bryce White, Charlene Sumpter, Diana Leal Guest(s): Jim Foley and Stephanie Skibel of RPM Company ORAL COMMUNICATIONS Introduction of new Commission members: Marion "Rusti" Olsen, Philip Sladick, Lawrence Saindon, and Leo Sullivan. Carlos Ortega, Redevelopment Agency Executive Director provided an overview of what it means to be a Housing Commissioner. Note: Carrie McLeod requested an organizational chart from Sheila Gilligan, City Clerk/Community Affairs. Carrie wanted to have the chart provided to the new Housing Commission members so that they could see how the commission fits into the overall operation of the City. MINUTES It was moved by Roger Dash and seconded by Philip Sladick to approve the minutes of July 8, 1998. Motion was carried to approve the minutes. NEW BUSINESS A. 40-ACRE SITE DEVELOPMENT (CONCEPTUAL PLAN) The City of Palm Desert purchased a 40-acre vacant site on behalf of the Palm Desert Redevelopment Agency for the purpose of developing affordable housing. The site is generally located between Merle and Cheryl off of Cook, just south of Corporate way. It is largely surrounded by industrial, however, there is some residential across the 1 Special Meeting Minutes Sept . 30 , 1998 nO ! s N G r.OMMMS'S10)NT NEW BUSINESS street. A conceptual master plan for the site is required to develop a (CONTD) design which would combine single-family and multi-family residential and some self-help housing. Staff has been working with a civil engineer during due diligence prior to acquisition. Staff has been in contact with Community Dynamics regarding input on the for sales housing portion of the concept. In addition, Dan Horn and Associates who develop multi-family projects is interested in developing a multi-family component of the project. Approximately eight acres will be set aside for single-family self help. Two acres will be set aside for expansion of the City's corporation yard. It is necessary to begin planning the development of the 40 acres in order to meet the Agency's mandated production of 92 units by 2001 and 90 units by 2002 and 177 units by 2006 as provided for in the Western Center Stipulation. It is staffs desire to pull together a conceptual team to begin developing the concept and design. The team will include: City planning and Redevelopment Agency staff, architect, civil engineer, landscape engineer, and housing advisors. To get started aerial photos and soil analysis will be necessary. Proposals have been received for soils and aerial photo production. Sladden Engineering, Aero Tech Services and JMS Engineer are recommended by staff. Motion moved by L. Saindon and seconded by L. Sullivan to recommend the selection of Sladden Engineering and Aero Tech as service providers and to retain JMS Engineering for civil engineer services. Motion carried. 2 Special Meeting Minutes Sept . 30 , 1998 HOUSING CO MM1SSI NI • NEW BUSINESS B. HOUSING PRODUCTION ANALYSIS (JIM FOLEY) (CONTD) RPM Company has conducted an analysis regarding the existing rental structure and the required housing production for the Housing Authority properties as mandated in the Western Center Stipulation. In some cases, current rents being charged are too low and in other cases too high. In addition, in many cases residents aren't paying rents according to their income levels as reported. RPM's proposed formula will create uniformity to rents and put in place a stable rental structure. RPM proposes to implement a rental formula that will place the Agency in compliance with the Stipulation by the year 2002. As proposed, the formula will allow for rents to be based on 25% of the family income in compliance with the Original Stipulation. Of the 725 units, it is estimated that 43 tenants will receive increases between $50 - 100 and 8 tenants will receive increases of over $100 unless the recertification of income dictates otherwise. As a result, some tenant rents will be adjusted downward and others increased. For those tenants receiving increases, management will adjust the increases gradually as not to cause a financial hardship. Rent increases of$50 or less will be raised quarterly over a 6 month period. Rent increases of over $50 would be raised quarterly over a one year period. Rental adjustments will be made at the end of each lease term or renewed lease upon re-certification of tenant income. The stabilizing of the properties will take approximately 18 months to two years to complete. Motion moved by R. Dash and seconded by M.R. Olsen to forward to the council a recommendation of approval of implementation of this program to change the rental structure. In addition, to have the re-certification done in a 90 day period allowing for a 60 day notice of the rent increase for the tenant. Motion carried. 3 Special Meeting Minutes Sept. 30 , 1998 HOUSING CONIVE1SSI0NT CONTINUED ITEMS D. SANTA ROSA APARTMENTS REHABILITATION - (CONTD) UPDATE 1. Pool cost estimates. The Agency may consider leasing the property to a non-profit organization who has applied for a grant and is awaiting approval of funding. If the non-profit organization leases the property, they will prefer a children's play area versus a pool. A decision must be made as to whether the pool should be kept and refurbished, a new pool constructed, or remove the pool entirely. In addition, a decision must be made as to whether or not the parking should be reconfigured and a children's play area added instead of a pool. Motion moved by P. Sladick and seconded by Leo Sullivan to table the item until the Housing Commission meets on October 14, 1998. Motion carried. ***************************************************************************** Note: A tour of the Housing Projects administered by the Palm Desert Redevelopment Agency has been scheduled for Monday, October 12, 1998 at 1:00 p.m. Tour to begin at City Hall. ADJOURNMENT Motion was made by C. McLeod and seconded by L. Sullivan to adjourn the meeting. Meeting was adjourned at 5:15 p.m. Carlos L. Ortega Secretary TLR:dcl 4 Y i t. � . `.` •- .. July 6, 1998 Mr. Carlos Ortega, Executive Director Ms. Teresa La Rocca, Housing Program Coordinator wr'n Palm Desert Redevelopment Agency 73-510 Fred Waring Drive Palm Desert, CA 92260-2578 RE: Falk-Marguleas Property Dear Carlos and Terre, I appreciated the opportunity to discuss the future of the Marguleas-Falk property with you last week. As a result of our meeting, I understand that you're interested in creating a planned development featuring multiple products / land uses that meet a variety of community needs. Some of these uses may include single family detached housing affordable to very low, low and moderate income families (inclusive of a sweat equity component), multiple family housing affordable to very low and low income families, and daycare. We `'• understand that you envision the Marguleas-Falk site as a potential catalyst for the stabilization of the residential neighborhood to the immediate south thereof, and would like to work with you to make these dreams come true. In an effort to do so, we are asking the Agency to grant us an exclusive right to negotiate for the opportunity to develop and build out a master planned 40 acre site featuring a variety of uses. We propose to pull together at our cost a first class development team inclusive of an architect, landscape architect, civil _ engineer, geotechnical engineer, and environmental engineer to perform all necessary feasibility studies inclusive of soils and geological, phase 1 environmental assessments and an ALTA survey of the subject property. We will review appropriate elements of the City's general plan and zoning ordinance, consult with the City Planner regarding acceptable land uses and densities, review infrastructure requirements with the City Engineer, and identify appropriate and desired uses with you. Additionally, we will assess current market trends in order to confirm demand and absorption for the proposed uses. Upon completion of our research, we will prepare concept architectural and landscape plans inclusive of site plans, floor plans and elevations which we will then submit to redevelopment and planning staff for your review and approval. Thereafter, we will assist you in presenting these plans to the Housing Commission for their review and approval. Subject to Housing Commission approval we will prepare entitlement applications for the Planning Noe Commission. • Please note that at the time we present the concept plans, we will also deliver line itemized pro formas for the design, engineering, financing, buildout, sale and, rental of all affordable residential product on the site. In an effort to maximize economic benefit -to the region, a majority of our consultants will be based in the Coachella Valley. Carlos and Terre, it's been a real joy to work with you at Desert Rose, and we'd relish the opportunity to start from scratch on a new project at the Marguleas- Falk site. Community Dynamics is highly regarded as a developer of creatively designed, financed and well built affordable housing. You've seen what we can do, and we'd very much like to do it again in Palm Desert. Given the chance, I promise you that we'll work hard to create a beautiful community that will stand as a beacon of hope for those families who might otherwise be excluded from the marketplace, and as a model for the development of affordable housing throughout Southern California. Thank you for your consideration of this request. Sincerely, ore Bloch President page 2 of`2 1 y1 COMMUNITY DYNAMICS Community Dynamics is a Santa Monica, California based home builder focusing on urban redevelopment and the creation of high quality entry level housing. Since its incorporation in 1986, Dynamics has developed, built and marketed nearly 600 attractive, well built, affordable homes in association with community based non-profits and local redevelopment agencies. The company is currently developing nearly 200 homes in the City of Oxnard in a joint venture with the publicly held Catellus Companies. Dynamics has developed a reputation for particular expertise with the intricacies of affordable housing, having successfully structured financing for a variety of programs involving non profit foundations, local redevelopment agencies, the U.S. Department of Housing and Urban Development, Fannie Mae, FHA, the Federal Home Loan Bank of San Francisco, and the community lending departments of several major banking institutions. Projects developed by Dynamics on behalf of non-profit clients have been featured in national publications, the Federal Home Loan Bank of San Francisco's annual report, and selected for recognition by the California Redevelopment Association. We are committed to providing affordable housing for families who might otherwise be excluded from the conventional marketplace, contributing to the stability and vitality of the communities in which we build, delivering thoughtfully designed, well built homes for our buyers, and following through with responsive customer service once they move in. Our developments are profitable for us and beneficial to the communities in which they are built. We develop our own properties, and build on a fee basis for non profits as well. For additional information see our website at "www.com-dyn.com" or e-mail "Ibloch @com-dyn.com". DEVELOPMENTS COMPLETED AND UNDER CONSTRUCTION Since its incorporation in 1986, Dynamics has developed and marketed more than $60,000,000 in housing inclusive of the following projects: • Huntington Walk, a collection of 72 single family detached homes designed by award winning architects Corbin, Yamafuji and Partners. Sales volume on the two, three and four bedroom homes totaled more than $9,600,000. The City of Huntington Park provided 30 year fixed rate bond financing, and each of three phases sold out in less than two days. • Meadowgate, a $10,200,000 community of 115 garden condominiums for low and moderate income families in the city of Los Angeles. The five acre site features gate guarded community access, a pool, spa, children's playground and more than 1/2 acre of recreational open space. • Vinas La Campana, 126 gate guarded two, three and four bedroom townhomes and condominiums on five acres in the city of Bell Gardens. The $13,900,000 community offers a children's playground, basketball court and fitness center, and second and third trust deed deferred financing through the local redevelopment agency and the State of California. The United States Department of Housing and Urban Development featured Vinas La Campana in its recent publication entitled "New American Neighborhoods: Building Homeownership Zones to Revitalize Our Nation's Communities". • Sundance, 32 gate guarded two and three bedroom townhomes valued at $3,500,000 in the city of Compton. Like Vinas La Campana, Sundance offers second and third trust deed deferred financing through public agencies, making the housing affordable to low income families. • Desert Rose, 161 three and four bedroom paired homes in Palm Desert priced from $73,950. The $13,000,000 community was originally built by another company which experienced difficulty in developing financing and a marketing strategy for the homes. The local redevelopment agency asked Dynamics to take over the project in January, 1996, and after putting together the financing, restructuring the pricing and developing a new marketing strategy, Dynamics sold the project out at a rate of seven homes per month. In December, 1996, the California Redevelopment Association selected .`.• Desert Rose as its Project of the Month. • Givens Way, 37 three and four bedroom townhomes priced from $127,950 in the city of Compton. This $5,000,000 community, along with Sundance next door, has helped to reclaim an entire city block and restabilize the surrounding neighborhood. The gated community features a community center, picnic area, basketball court and state of the art children's playground. Like Sundance and Vinas La Campana, Givens Way offers second and third trust deed deferred financing through public and non profit agencies, making the homes affordable to low income families. • Central Park Estates, 50 single family detached homes in the city of Compton. Dynamics reclaimed a six acre industrial brownfield on behalf of a non-profit client, and is currently building out this $8,500,000 development. Once again, the community will offer homebuyers second and third trust deed deferred financing through public and non-profit agencies. .REASCO REAL ESTATE ANALYSIS SERVICES COMPANY POST OFFICE BOX 2809, PALM DESERT, CALIFORNIA 92261 TELEPHONE: (619) 340-1429; FAX: (619) 340-2041 Go_ 14, 1998 • • Ms Terre La Rocca . Housing Programs Coordinator CITY OF PALM DESERT 73-510 Fred Waring Drive Palm Desert,California 92260 • REFERENCE: City of Palm Desert Affordable Housing Program • SUBJECT: Summary Of Affordable Housing Units Remaining To Provide Pursuant To The Original And Amended Stipulations Dear Ms La Rocca, The Original Stipulation of June, 1990 amended by the Amended Stipulation of June 1997 stipulated that the Agency shall provide affordable housing units in the City of Palm Desert,in the amounts and during the times specified,to be made available tc and occupied by households with numbers of occupants and income levels (adjusted by family size) as specified in the HUD income level chart for Riverside County. The Agency is currently providing some of the required units. The following table describes the remaining numbersof units, and unit types within income levels, of the additional affordable units the Agency must provide by the dates specified in the Amended Stipulation (by January 1, 2001, by January 1,2002 and by January 1,2006): UNIT TYPE.6 STUDIOS 1-BR 2-BR 3-BR NUMBER OF OCCUPANTS.► 1 to 2 2 or more 2 to 4 or more 4 to 8 or more TOTALS A.Very low income (35% - 45% of median): 1. Units originally required: a.Percent of the total at most 17% 25%•+ 35% at least 32% at least 16% 100% filhIV b.Number of units 66 135 124 62 387 2. Units provided as of January, 1998: a.Percent of the total 19% 40% 30% 12% 100% b. Number of units 72 154 115 45 386 > 3. Units to provide by January 1, 2001 0 0 4 9 13 >4. Units to provide by January 1, 2002 0 0 5 8 13 > 5. Units to provide by January 1, 2006 0 0 64 53 117 > 6. Total very low income units 0 0 73 70 143 B.Low income: (55% •► 75% of median) 1. Units originally required: a.Percent of the total at most 17% 25%r 35% at least 32% at least 16% 100% b.Number of units 76 156 142 71 445 2. Units provided as of January, 1998: a.Percent of the total 4% 26% 39% 31% 100% b.Number of units 11 83 124 96 314 >3. Units to provide by January 1, 2001 33 37 9 0 79 >4. Units to provide by January 1, 2002 32 36 9 0 77 > 5. Units to provide by January 1, 2006 12 25 23 0 60 > 6. Total low income units 77 98 . 41 0 216 C.Total very low and low income units combined: > 1. Units to provide by January 1, 2001 33 37 13 9 92 > 2. Units to provide by January 1, 2002 32 36 14 8 90 > 3. Units to provide by January 1, 2006 12 25 87 53 177 >4. Total very low and low income units 77 98 114 70 1[ 359 SltaR:rely, eonard R.W Apo Real Estate Analysis Services Company (REASCO) •LTR TL2'/42 14-Jul-98 06:17 PM . RECEIVED L, Miff M P A apartment manageOment seNrvices S E P 14 1998 PALM DESERT REDEVELOPMENT AGENCY September 14, 1998 Teresa La Rocca Palm Desert Redevelopment Agency 73-510 Fred Waring Drive Palm Desert, CA 92260 Re: Proposed Affordable Program Dear Teresa, Enclosed are proposed affordable levels and rents for the Palm Desert Affordable Housing Program. After extensive review and analysis, the proposed recommendations seem to be the best method of achieving program compliance. The thirty five and forty five percent affordable levels have the current stipulated number of units, but at the �,r incorrect levels and unit types. Units need to be moved between unit types and levels to satisfy the stipulation. However, we are short units at the fifty five to seventy five percent affordable levels, as described in Reasco's affordable analysis one half of the shortage is to be provided by the year 2001 and the balance by 2002. This will help us in achieving compliance to the stipulation between the Western Center and Palm Desert Housing Authority. Remember the recommended levels and rents are based on fixed rents less utility allowances and 25% of the median income, at the appropriate level, and not thirty percent of median income. This could have been a problem, if the Western Center had challenged the method of rent calculation performed by the County of Riverside. Should you have any questions,plet§e do not hesitate to contact me at(909)483-0348. Sincerely, Jimmy Foley VP RPM Company L LIVE THE DIFFERENCE REGIONAL OFFICE 9320 baseline,suite b•professional building 1 rancho cucamonga, ca 91730 909 483 0348• fax 909 483 2685 w e \ % / / § J § n w c e # Co ( / \ \ \ \ \ / } G \ \ \ > Cr / \ } — a ^ k > @ - 0-, c o 0.) C- \ \ Co ° £ 7 \ \ \ / $ E \ $ E 3 K / / \ \ / 2 / % \ C / / Cr c < s o\FF \ \ '� 0 _CD 0 $ CD e CT �® < \ / & \ / / % CO CO C2- * \ EC ƒ a/ 0 \ / e \ \ \ \ / > / » ƒ $ 0/ / Co \ CD \ 3 $ $ y y y / f N CD Cu = \ § \ § 2 2 / ' CI) \ \ / / w o c t \ C / ) & 2 @ _ > / / \_ 3 $ » E n c a E 0) Cr) c o a CO 7 a k e 0_ w w w Co e O = § - \ ] ƒ 11 \ \ ƒ N.) \ CD CO N) - -Cri CT) CO - C a w c e # & a e e e e ƒ J $ 7 y J \ / ` 0 \ $ \ V o V Co a 0 / CD / ) A A A / 3 B < 0 / \ Co co c CD \ \ / V V V VN) 2 CD E q \ e N� / A A A A n 2 E @ o \ \ \ \ Ni v 2 co Affordable Program Analysis LAS SERENAS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 101 J vacant 102 J 1 11,954.00 45% 45% 273 274 1 103 J 1 7,967.00 35% 35% 216 197 <-19> 104 J 1 12,288.00 45% 55% 307 355 48 105 A 1 5,516.00 35% 35% 217 197 <-20> 106 A 1 12,044.00 45% 45% 266 274 8 107 J 1 *7920 35% SECT.8 430 108 J 1 10,914.00 35% 45% 273 274 1 109 A 2 15,428.00 45% 55% 351 355 4 110 A 2 15,146.00 45% 55% 379 355 <-24> 111 J 1 10,800.00 35% 65% 430 430mkt 112 J 1 21,000.00 65% 75% 475 475mkt 113 A 1 30,144.00 M NQ 525 114 A 1 28,800.00 M NQ 525 115 J 1 *8640 35% SECT.8 460 116 J 1 9,740.00 35% 35% 218 197 <-21> 117 A 1 18,216.00 65% 75% 525 507 <-18> 118 A 1 19,620.00 65% 75% 525 507 <-18> 119 J 1 7,400.00 35% 35% 217 197 <-20> 120 J 1 12,607.00 45% 45% 289 274 <-15> 121 A 1 15,312.00 55% 75% 525 507 <-18> 122 A 1 7,285.00 35% 35% 217 197 <-20> 123 J 1 7,645.00 35% 35% 217 197 <-20> 124 J 1 *7500 35% SECT.8 431 125 J 1 10,661.00 35% 45% 241 264 23 126 J 1 7,892.00 35% 35% 217 197 <-20> 127 J 1 11,608.00 45% 45% 264 274 10 128 J 1 15,830.00 55% 75% 475 475mkt 129 A 1 empl. 130 A 1 18,000.00 65% 75% 525 507 <-18> 131 J 1 10,675.00 35% 45% 267 274 7 132 J 1 7,988.00 35% 35% 217 197 <-20> 133 J 1 14,134.00 45% 55% 332 355 23 134 J 1 *6000 35% SECT.8 430 135 J 1 13,215.00 45% 55% 304 355 51 136 J 1 12,305.00 45% 45% 282 274 <-8> 137 A 1 13,547.00 45% 55% 339 355 16 138 A 1 8,734.00 35% 35% 216 197 <-19> 139 J 1 21,000.00 65% 75% 475 475mkt 140 J 1 8,960.00 35% 35% 217 197 <-20> Affordable Program Analysis LAS SERENAS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 141 A 2 8,784.00 35% 35% 217 197 <-20> 142 A 1 35,100.00 M NQ 525 143 J 1 *7920 35% SECT.8 431 144 J 1 26,400.00 M NQ 475 145 J 1 12,200.00 45% 45% 279 274 <-5> 146 J 1 9,356.00 35% 35% 217 197 <-20> 147 J 1 14,618.00 45% 55% 339 355 16 148 J 1 10,892.00 35% 45% 246 274 28 149 A 1 16,701.00 55% 65% 391 441 50 150 A 2 10,880.00 35% 45% 272 274 2 151 J 1 7,525.00 35% 35% 217 197 <-20> 152 J 1 13,215.00 45% 55% 304 355 51 153 A 1 24,720.00 M NO 525 154 A 2 15,873.00 45% 55% 362 355 <-7> 155 J 1 10,652.00 35% 45% 266 274 8 156 J 1 7,810.00 35% 35% 216 197 <-19> 157 A 1 19,128.00 65% 75% 525 507 <-18> 158 A 1 15,600.00 45% 55% 355 355 0 159 J 1 8,048.00 35% 35% 217 197 <-20> 160 J 1 8,949.00 35% 35% 216 197 <-19> 161 J 1 7,928.00 35% 35% 216 197 <-19> 162 J 1 11,820.00 45% 45% 269 274 5 163 J 1 10,952.00 35% 45% 248 274 31 164 J 1 *7920 35% SECT.8 430 165 J 1 10,736.00 35% 45% 242 274 32 166 J 1 *7920 35% SECT.8 459 167 J 1 9,117.00 35% 35% 217 197 <-20> 168 J 1 Incomplete 169 A 1 24,600.00 M NQ 525 170 A 2 17,240.00 55% 65% 396 441 45 171 J 1 12,249.00 45% 45% 280 274 <-6> 172 J 1 *7920 35% SECT.8 430 173 J 1 10,100.00 35% 35% 227 197 <-30> 174 J 1 22,800.00 75% 75% 475 475mkt 175 J 1 11,208.00 35% 45% 254 274 20 176 J 1 7,929.00 35% 35% 216 197 <-19> 177 A 2 19,800.00 55% 75% 495 507 12 178 A 1 30,000.00 M NQ 179 J 1 12,676.00 45% 45% 291 274 <-17> 180 J 1 *7920 35% SECT.8 Affordable Program Analysis LAS SERENAS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 181 A 1 18,216.00 65% 75% 525 507 <-18> 182 A 1 14,400.00 45% 55% 325 355 30 183 J 1 9,896.00 35% 35% 221 197 <-24> 184 J 1 model 185 A 1 16,800.00 55% 75% 525 507 <-18> 186 A 1 19,000.00 65% 75% 525 507 <-18> 187 J 1 10,340.00 35% 45% 258 274 16 188 J 1 11,713.00 45% 45% 293 274 <-19> 189 A 1 9,207.00 35% 35% 217 197 <-20> 190 A 1 7,285.00 35% 35% 217 197 <-20> 191 J 1 25,600.00 M NQ 475 192 J 1 8,084.00 35% 35% 217 197 <-20> 193 J 1 14,500.00 45% 75% 475 475mkt 194 J 1 *7920 35% SECT.8 459 195 J 1 20,844.00 65% 75% 475 475mkt 196 J 1 8,719.00 35% 35% 218 197 <-21> 197 A 1 15,800.00 55% 75% 525 507 <-18> 198 A 1 8,101.00 35% 35% 217 197 <-20> 199 J 1 7,520.00 35% 35% 216 197 <-19> 200 J 1 9,536.00 35% 35% 217 197 <-20> 201 J 1 7,843.00 35% 35% 217 197 <-20> 202 J 1 15,537.00 55% 55% 362 355 <-7> 203 A 1 31,000.00 M NQ 525 204 A 1 19,328.00 65% 65% 448 441 <-7> 205 J 1 13,986.00 45% 55% 324 355 31 206 J 1 7,604.00 35% 35% 217 197 <-20> 207 J 1 15,210.00 45% 55% 345 355 10 208 A 1 5,780.00 35% 35% 217 197 <-20> 209 J 1 5,780.00 35% 35% 217 197 <-20> 210 J 1 10,375.00 35% 45% 233 274 41 211 A 1 31,200.00 M NQ 525 212 A 1 15,360.00 55% 75% 525 507 <-18> 213 J 2 16,822.00 55% 65% 395 441 46 214 J 1 14,982.00 55% 55% 375 355 <-20> 215 J 1 7,357.00 35% 35% 217 197 <-20> 216 J 1 9,636.00 35% 35% 217 197 <-20> 217 J 1 7,525.00 35% 35% 216 197 <-19> 218 J 1 11,597.00 45% 45% 264 274 10 219 A 1 empl. 220 A 2 13,133.00 45% 45% 293 274 <-19> 1 Affordable Program Analysis LAS SERENAS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 221 J 1 7,925.00 35% 35% 217 197 <-20> 222 J 1 8,233.00 35% 35% 217 197 <-20> 223 J 1 16,502.00 55% 75% 475 475mkt 224 J 1 9,644.00 35% 35% 217 197 <-20> 225 J 1 9,420.00 35% 35% 217 197 <-20> 226 J 1 8,588.00 35% 35% 217 197 <-20> 227 A 1 14,888.00 55% 55% 337 355 18 228 A 1 7,872.00 35% 35% 217 197 <-20> 229 J 1 19,302.00 65% 65% 457 441 <-16> 230 J 1 8,037.00 35% 35% 216 197 <-19> 231 A 1 7,309.00 35% 35% 216 197 <-19> 232 A 1 31,200.00 M NQ 525 233 J 1 9,470.00 35% 35% 217 197 <-20> 234 J 1 8,360.00 35% 35% 217 197 <-20> 235 A 2 7,736.00 35% 35% 217 197 <-20> 236 A 1 19,872.00 65% 75% 525 507 <-18> 237 J 1 7,757.00 35% 35% 217 197 <-20> 238 J 1 8,924.00 35% 35% 223 197 <-26> 239 J 1 10,568.00 35% 35% 238 197 <-20> 240 J 1 6,524.00 35% 35% 217 197 <-20> 241 J 1 8,136.00 35% 35% 217 197 <-20> 242 J 1 VACANT 243 A 1 14,360.00 45% 55% 359 355 <-4> 244 A 1 35,000.00 245 J 1 11,902.00 45% 45% 272 274 2 246 J 1 *7920 35% SECT.8 430 247 J 1 8,048.00 35% 35% 217 197 <-20> 248 J 1 9,088.00 35% 35% 217 197 <-20> 249 J 1 10,319.00 35% 45% 232 274 42 250 J 1 11,492.00 45% 45% 261 274 13 Monthly net gross to gross potential $705 Annual loss $8,460 Affordable Program Analysis DESERT POINTE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURREN NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 1 C 2 EMPLOYEE 2 J 1 9,500 35% 55% 395 387 <-8> 3 J 2 7,117 35% 35% 189 240 51 4 J 1 12,899 35% 45% 296 295 <-1> 5 J 1 7,285 35% 35% 190 223 33 6 J 1 9,722 35% 35% 202 223 21 7 J 1 8,000 35% 35% 189 223 34 8 J 2 7,225 35% 35% 189 240 51 9 J 1 13,876 45% 65% 395 395mkt 10 J 1 7,357 35% 35% 189 223 34 11 J 2 7,208 35% 35% 189 240 51 12 J 15,678 45% 55% 395 395mkt 13 J 1 38,040 NQ 14 J 2 7,034 35% 35% 189 240 51 15 J 1 62,400 NQ 16 J 1 10,857 35% 45% 319 295 <-24> 17 J 2 15,700 55% 55% 395 398 3 18 J 2 8,670 35% 45% 319 317 <-2> 19 J 1 7,013 35% 55% 395 341 <-54> 20 J 1 7,117 35% 35% 190 223 33 21 J 1 7,357 35% 35% 189 223 34 22 J 1 8,708 35% 35% 192 223 33 23 J 2 37,872 NQ 395 24 J 1 9,104 35% 35% 202 223 21 25 J 1 10,580 35% 35% 239 223 <-16> 26 J 1 7,117 35% 35% 189 223 34 27 J 2 6,904 35% 35% 190 240 50 28 J 1 5,200 35% 35% 189 223 34 29 J 1 9,104 35% 55% 395 387 <-8> 30 J 1 5,315 35% 35% 190 223 33 31 J 1 25,973 NQ 32 J 1 9,200 35% 55% 395 341 <-54> 33 J 1 Incomplete 395 34 J 1 7,357 35% 35% 190 223 33 35 J Incomplete 395 36 J 1 7,680 35% 45% 319 295 <-24> 37 A 2 7,805 35% 35% 216 229 13 38 A 2 13,200 45% 75% 495 495mkt 39 A 3 10,232 35% 35% 221 262 41 40 A 2 11,045 35% 35% 250 229 <-21> Affordable Program Analysis DESERT POINTE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURR NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 41 A 2 12,549 35% 45% 279 306 27 42 A 2 42,000 NQ 43 A 2 5,268 35% 35% 216 229 13 44 A 1 7,349 35% 35% 216 229 13 45 A 2 7,447 35% 35% 216 229 13 46 A 1 7,860 35% 35% 217 229 12 47 A 3 9,146 35% 45% 293 351 58 48 A 1 13,760 45% 75% 495 495mkt 49 A 50 A 2 8,422 35% 35% 216 229 13 51 A 1 7,680 35% 45% 295 306 11 52 A 2 16,800 55% 75% 495 495mkt 53 B 4 10,520 35% 35% 243 282 39 54 B 3 17,778 45% 45% 398 378 <-20> 55 B 3 18,000 45% 45% 358 378 20 56 B 4 15,026 35% 45% 330 378 48 57 A 2 11,094 35% 35% 256 229 <-27> 58 A 3 14,400 35% 65% 495 495 0 59 A 3 19,686 55% 65% 495 495 0 60 A 3 14,526 35% 45% 317 351 34 61 A 2 20,765 65% 65% 295 472 177 62 A 2 15,815 45% 45% 234 306 72 63 A 3 9,500 35% 65% 495 495mkt 0 64 A 4 19,056 45% 45% 216 351 135 Monthly net gain $1,085 to gross potential Annual gain $13,020 1 Affordable Program Analysis CATALINA GARDENS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW DIFF TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT FROM RENT INCOME LEVEL LEVEL Al J 1 7,285 35% 35% 190 192 2 A2 J 1 13,137 45% 45% 190 264 74 A3 J 2 11,504 35% 45% 262 286 24 A4 J 1 12,872 45% 45% 190 264 74 B1 J 1 7,935 35% 35% 190 192 2 B2 J 1 7,619 35% 35% 190 192 2 B3 J 1 7,944 35% 65% 350 350mkt 0 B4 J 1 10,585 35% 45% 239 264 25 Cl A 2 12,467 35% 45% 277 274 <-37> C2 A 1 9,600 35% 75% 475 475mkt 0 C3 A 1 20,910 65% 75% 475 475mkt 0 C4 A 1 14,564 45% 45% 216 274 58 D1 A 1 8,132 35% 35% 216 197 <-19> D2 A 1 7,980 35% 45% 298 274 <-24> D3 A 2 26,400 75% 75% 475 475mkt 0 D4 A 1 15,786 55% 55% 360 355 <-5> El A 1 9,231 35% 35% 216 197 <-19> E2 A 2 12,815 35% 45% 285 274 <-11> E3 A 2 7,704 35% 35% 216 197 <-19> E4 A 1 10,164 35% 35% 475 475mkt 0 Fl A 1 8,984 35% 35% 216 197 <-19> F2 A 1 12,815 45% 45% 285 274 <-11> F3 A 1 19,968 65% 75% 475 475mkt F4 A Incomplete G1 J 1 7,357 35% 35% 189 192 3 G2 J 1 7,005 35% 35% 190 192 2 G3 J 1 7,357 35% 35% 190 192 2 G4 J 1 4,352 35% 35% 189 192 3 H1 J 1 7,360 35% 35% 190 192 2 H2 J 1 8,644 35% 75% 395 395mkt 0 H3 J 1 7,088 35% 35% 189 192 3 H4 J 1 9,318 35% 65% 350 350mkt 0 11 J 1 8,348 35% 35% 190 192 2 12 J 1 6,524 45% 35% 190 192 2 13 J 1 9,416 35% 35% 209 192 <-17> J 1 J 1 6,108 35% 45% 288 264 <-24> J2 J Incomplete J3 J 1 8,640 35% 35% 190 192 2 K1 J 1 7,525 35% 35% 216 192 <-24> K2 J 2 15,154 45% 45% 258 286 28 K3 J vacant IL Affordable Program Analysis CATALINA GARDENS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW DIFF TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT FROM RENT INCOME LEVEL LEVEL K4 J 1 8,916 35% 35% 190 192 2 L1 J 1 7,357 35% 35% 190 192 2 L2 J 1 7,285 35% 35% 190 192 2 L3 J 1 8,045 35% 35% 190 192 2 M1 J 1 5,640 35% 35% 190 192 2 M2 J 1 14,736 55% 65% 350 350mkt 0 M3 J 1 7,357 35% 35% 190 192 2 M4 J 1 7,500 35% 35% 190 192 2 M5 J 1 7,680 35% 35% 190 192 2 N1 J 1 9,368 35% 35% 208 192 <-16> N2 J Incomplete N3 J 1 6,948 35% 35% 190 192 2 N4 J 1 7,525 35% 35% 190 192 2 N5 J 1 7,950 35% 65% 350 395mkt 01 A 2 11,092 35% 45% 242 274 32 02 A 2 13,621 45% 45% 306 274 <-32> 03 A 1 13,368 45% 45% 220 274 54 04 A 2 13,055 45% 45% 291 274 -17 P1 J 1 7,568 35% 35% 190 192 2 P2 J 1 10,441 35% 35% 194 192 <-2> P3 J 1 7,752 35% 65% 350 350 0 P4 J 1 7,522 35% 35% 190 192 2 Q1 J Incomplete 395 395 0 Q2 J 1 8,000 35% 35% 190 192 2 Q3 J 1 7,064 35% 35% 190 192 2 Q4 J 1 7,511 35% 35% 189 192 3 R1 J 1 7,525 35% 35% 190 192 2 R2 J 1 N/A 35% 35% 190 192 2 R3 J 1 9,910 35% 35% 222 192 <-30> R4 J 1 6,620 35% 35% 190 192 2 Monthly net gain $26 to gross potential Annual gain $312 Affordable Program Analysis PUEBLOS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURREN NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 101 A 1 7,285 35% 35% 216 197 <-19> 102 A 1 7,285 35% 35% 216 197 <-19> 103 A 1 7,227 35% 35% 216 197 <-19> 104 A 1 4,940 35% 35% 216 197 <-19> 105 A 1 6,560 35% 35% 216 197 <-19> 106 A 1 6,517 35% 35% 216 197 <-19> 107 A 1 6,326 35% 35% 217 197 <-19> 108 A 1 7,000 35% 35% 216 197 <-19> 109 A 1 11,594 35% 35% 216 197 <-19> 110 A 1 9,956 35% 35% 216 197 <-19> 111 A 1 6,925 35% 35% 216 197 <-19> 112 A 1 7,208 35% 35% 216 197 <-19> 113* A 1 11,132 35% 35% 264 274 10 114 A 1 9,596 35% 35% 217 197 <-19> 115 A 1 6,200 35% 35% 216 197 <-19> Monthly net loss to gross potentail <-$256> Annual loss <-$3072> Affordable Program Analysis NEIGHBORS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURREN NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 1 C 3 15,800 45% 45% 395 380 <-51> 2 C 5 Employee 3 C 4 23,484 55% 65% 525 525mkt 0 4 C 3 Down 5 C 3 Down 6 C 3 Down 7 C 3 Down 8 C 3 9,623 35% 35% 243 248 5 9 C 3 11,958 35% 35% 253 248 <-5> 10 C 5 11,074 35% 35% 244 274 30 11 C 2 8,480 35% 35% 244 248 4 12 C 5 M 525 13 C 4 15,990 35% 55% 399 441 42 14 C 4 10,854 35% 35% 248 248 5 15 C 6 12,300 35% 35% 262 274 12 16 C 5 13,559 35% 45% 329 379 50 17 C 5 15,476 35% 45% 341 379 38 18 C 4 23,089 55% 55% 386 441 55 19 C 2 12,837 35% 35% 275 248 <-27> 20 C 4 12,100 35% 45% 302 344 42 21 C 3 11,208 35% 35% 243 248 5 22 C Employee 23 C 2 15,120 45% 45% 332 344 12 24 C 3 10,800 35% 35% 248 248 0 Monthly net gain to the gross potential $217 Annual gain $2,604 Affordable Program Analysis TAOS PALMS APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCCUP. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 1 B 2 10,320 35% 45% 279 344 65 2 B 3 36,100 M 525 NQ 3 B 2 11,280 35% 35% 247 248 1 4 B 3 8,680 35% 45% 299 344 45 5 B 2 10,512 35% 35% 247 248 1 6 B 2 10,554 35% 35% 247 248 1 7 B 3 12,780 35% 45% 274 344 70 8 B 4 16,000 35% 65% 525 525mkt 9 B 2 5,421 35% 35% 248 248 10 B 2 9,880 35% 35% 247 248 1 11 B 3 7,525 35% 35% 247 248 1 12 B 2 16,526 45% 45% 367 344 <-23> 13 B DOWN UNIT 14 B 2 11,384 35% 35% 247 248 1 15 B 3 13,305 35% 45% 287 344 57 16 B 2 11,413 35% 35% 248 248 0 Monthly net gain to gross potential $220 Annual gain $2,640 Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 202 C 3 21,600 55% 75% 625 675mkt 0 203 C 2 12,432 35% 35% 253 282 29 204 C 1 16,800 55% 75% 625 675mkt 0 207 B 1 21,600 75% 75% 600 600mkt 0 301 C 4 14,726 35% 35% 254 282 28 302 C 4 13,800 35% 45% 410 378 <-32> 303 C 1 12,891 45% 45% 254 378 124 305 A 1 17,796 55% 55% 217 387 170 306 A 1 24,000 75% 75% 530 530mkt 0 307 A 1 8,045 35% 35% 217 229 12 401 B 1 11,692 35% 35% 243 282 39 405 A 1 20,449 65% 65% 324 472 148 406 A 1 17,290 55% 55% 359 387 28 501 C 2 24,128 65% 75% 650 650mkt 0 503 B 3 12,073 35% 35% 244 282 38 504 B 4 31,200 75% 75% 575 575mkt 0 508 C 1 24,000 75% 75% 625 625mkt 0 602 B 2 24,000 65% 75% 575 575mkt 0 603 B 3 18,643 45% 55% 485 475 <-10> 604 B 2 6,079 35% 45% 329 378 49 607 A 1 20,181 65% 65% 445 472 27 608 A 1 13,295 45% 45% 257 306 49 702 A 1 13,510 45% 45% 278 306 28 705 A 1 24,000 75% 75% 540 539 -1 707 A 1 11,026 35% 35% 216 229 13 801 A 1 8,069 35% 35% 216 229 13 803 C 3 13,268 35% 35% 250 229 13 804 C 2 15,755 45% 45% 329 378 49 805 C 2 6,720 35% 45% 329 378 49 807 A 1 8,856 35% 35% 216 229 13 808 A 1 7,391 35% 35% 216 229 13 903 A 1 11,446 45% 45% 216 306 90 905 B 2 25,200 75% 75% 600 600mkt 0 906 B 2 12,513 35% 35% 243 282 39 907 A 1 13,870 45% 45% 287 306 19 910 B 2 16,045 45% 45% 300 378 78 911 B 3 16,044 45% 45% 319 378 59 912 B 2 10,223 35% 35% 243 282 39 914 A 1 24,000 75% 75% 515 515mkt 0 916 B 1 19,200 65% 65% 575 572 <-3> Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 1001 C 1 17,753 55% 75% 650 650mkt 0 1003 A 1 12,813 45% 45% 258 306 48 1004 A 1 14,169 45% 45% 304 306 2 1005 A 1 18,000 65% 75% 555 539 <-16> 1006 A 2 27,810 75% 75% 515 515mkt 0 1103 B 3 13,175 35% 35% 243 282 39 1105 A 1 12,330 45% 55% 365 387 22 1106 A 1 18,200 65% 75% 515 515mkt 0 1107 B 1 18,000 65% 65% 575 572 <-3> 1109 A 1 10,518 35% 35% 216 229 13 1110 A 1 10,892 35% 45% 293 306 <-3> 1112 A 1 10,892 35% 45% 293 306 13 1114 B 2 22,800 65% 65% 575 572 <-3> 1115 A 3 16,800 45% 65% 540 524 <-16> 1116 A 1 14,169 45% 55% 365 387 22 1203 A 1 19,360 65% 65% 424 472 48 1204 A 1 22,792 75% 490 490mkt 0 1207 C 2 15,364 45% 45% 262 378 116 1208 C 2 22,500 65% 75% 625 625mkt 0 1301 B 4 5,304 35% 35% 243 282 39 1304 A 1 14,379 45% 45% 216 306 90 1306 A 1 24,000 75% 75% 540 539 <-1> 1307 B 4 19,200 45% 45% 398 378 <-20> 1401 B 4 18,209 45% 45% 373 378 5 1402 B 4 13,200 35% 65% 575 572 <-3> 1406 A 1 11,362 35% 35% 216 229 13 1407 A 1 24,000 75% 75% 540 539 <-1> 1408 A 1 20,400 65% 75% 515 515mkt 0 1501 A 1 19,440 65% 75% 540 539 <-1> 1502 A 2 9,266 35% 55% 365 387 22 1504 A 2 25,200 75% 75% 515 515mkt 0 1507 A 2 18,444 55% 75% 555 539 <-16> 1508 A 1 10,111 45% 45% 216 229 13 1601 A 1 12,555 55% 55% 365 387 22 1602 A 1 20,000 65% 75% 530 530mkt 0 1603 A 1 13,848 45% 45% 286 306 20 1605 A 1 20,980 35% 35% 474 472 <-2> 1607 A 1 8,697 35% 35% 217 229 12 1702 C 2 22,500 65% 75% 625 625mkt 0 Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 1705 B 2 24,050 65% 65% 489 572 83 1706 B 2 18,600 55% 65% 575 572 <-3> 1708 C 2 15,838 45% 55% 482 475 <-7> 1801 A 1 14,640 45% 75% 540 539 <-1> 1803 A 1 20,400 65% 75% 540 539 <-1> 1804 A 1 12,492 45% 45% 262 306 44 1807 C 2 26,400 75% 75% 650 650mkt 0 1808 C 1 22,500 75% 75% 625 625mkt 0 1903 B 3 13,532 35% 45% 331 378 47 1904 B 1 14,560 45% 45% 306 378 72 1907 C 4 10,825 35% 35% 243 282 39 1914 B 4 21,960 55% 65% 545 545mkt 0 1915 A 2 19,200 55% 75% 515 515mkt 0 1916 A 1 20,087 65% 65% 452 472 20 2101 A 1 11,714 45% 45% 226 306 80 2103 C 6 15,950 35% 35% 329 335 6 2107 A 2 18,000 55% 75% 515 515mkt 0 2108 A 1 21,216 65% 75% 515 515mkt 0 2109 A 1 24,000 75% 75% 540 539 <-1> 2110 A 1 18,540 65% 75% 515 515mkt 0 2111 A 1 15,300 55% 55% 365 387 22 2115 A 2 19,440 55% 75% 540 539 <-1> 2202 A 1 20,400 65% 75% 515 515mkt 0 2206 C 3 13,224 35% 45% 329 378 49 2207 A 1 14,733 55% 55% 308 387 79 2301 C 2 11,237 35% 35% 244 282 38 2302 C 3 9,724 35% 35% 243 282 39 2305 B 2 12,864 35% 35% 244 282 38 2306 B 1 21,120 65% 65% 575 572 <-3> 2307 B 1 20,304 65% 65% 575 572 <-3> 2308 B 3 22,855 55% 55% 501 475 <-26> 2401 C 2 8,249 35% 35% 244 282 40 2404 C 3 30,000 75% 75% 625 652mkt 0 2405 A 2 14,568 45% 45% 292 306 14 2407 C 2 16,825 55% 55% 319 475 156 2408 C 1 22,500 75% 75% 625 625mkt 0 2412 A 1 14,652 55% 55% 316 387 71 2413 C 5 14,383 35% 35% 256 308 52 2415 A 4 32,600 75% 75% 540 540mkt 0 2503 C 2 23,400 65% 75% 625 625mkt 0 Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 2505 B 4 12,493 35% 35% 243 282 39 2701 C 5 22,698 55% 55% 473 517 14 2703 A 1 24,000 75% 75% 540 539 <-1> 2704 A 1 10,329 35% 45% 293 306 13 2705 B 2 13,758 45% 45% 274 378 104 2708 A 1 23,632 75% 75% 515 515mkt 0 2709 A 1 12,068 45% 45% 242 306 64 2710 A 1 13,961 45% 45% 299 306 7 2711 B 3 24,000 65% 65% 496 572 76 2713 A 1 16,512 55% 65% 515 472 <-43> 2715 C 2 4,680 35% 35% 243 282 39 2901 A 3 10,894 35% 45% 365 378 13 2905 C 4 18,607 45% 45% 371 378 7 2907 A 3 21,926 45% 65% 498 515mkt 17 3001 C 1 13,279 45% 45% 264 378 114 3003 C 5 22,232 45% 55% 462 547 55 3004 C 1 14,400 45% 75% 625 625mkt 0 3009 B 3 11,079 35% 45% 410 282 <-32> 3010 B 2 26,400 75% 75% 575 575mkt 0 3012 B 2 25,000 75% 75% 457 575mkt 118 3016 C 3 23,400 65% 75% 625 625mkt 0 3101 B 1 10,644 35% 35% 244 282 38 3103 C 6 14,404 35% 35% 255 308 53 3104 C 3 16,067 45% 45% 320 378 58 3106 B 3 13,983 35% 45% 410 378 <-32> 3107 C 2 12,492 35% 35% 244 282 40 3109 B 2 21,744 65% 75% 600 600mkt 0 3115 B 2 21,786 65% 65% 487 572 85 3202 C 2 7,786 35% 35% 244 282 38 3203 C 2 26,400 75% 75% 650 650mkt 0 3204 C 3 7,280 35% 35% 244 282 38 3207 C 4 20,552 45% 55% 432 475 43 3208 C 2 22,500 65% 75% 625 625mkt 0 3303 A 1 19,765 65% 75% 540 539 <-1> 3304 A 1 22,800 75% 75% 515 515mkt 0 3307 A 1 16,898 55% 55% 362 387 25 3311 C 1 11,652 45% 45% 243 378 135 3313 A 1 9,760 35% 35% 216 229 13 3403 C 2 23,400 65% 75% 650 650mkt 0 Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 3405 C 6 16,913 35% 35% 329 335 6 3407 B 3 11,440 35% 45% 328 378 50 3408 B 3 23,024 65% 65% 506 572 66 3502 A 1 16,465 55% 55% 365 387 22 3504 A 1 17,119 55% 55% 338 387 49 3505 C 5 13,689 35% 35% 260 308 48 3507 C 4 18,945 45% 45% 368 378 10 3701 A 1 7,757 35% 35% 216 229 13 3703 A 1 14,113 35% 45% 365 378 13 3711 A 1 9,761 35% 35% 217 229 12 3716 C 3 17,872 45% 45% 389 378 <-11> 3901 A 1 12,192 45% 55% 437 378 <-50> 3902 A 1 22,356 75% 75% 515 515mkt 0 3903 A 1 9,776 35% 35% 217 229 12 3904 A 1 11,282 35% 35% 232 229 <-4> 3905 C 5 21,773 45% 45% 455 413 <-42> 3907 C 4 6,640 35% 35% 269 282 13 4001 C 4 15,806 35% 45% 329 378 49 4002 C 2 16,640 35% 35% 243 282 39 4006 A 1 9,235 35% 35% 217 229 12 4007 C 4 8,775 35% 35% 244 282 38 4009 C 3 20,500 55% 65% 537 572 35 4012 C 1 24,000 75% 75% 625 625mkt 0 4013 C 2 14,973 45% 45% 315 378 63 4015 A 1 14,088 45% 45% 277 306 29 4103 C 1 17,373 55% 55% 376 387 11 4104 C 4 13,715 35% 35% 249 282 33 4105 C 1 23,400 75% 75% 650 650mkt 0 4106 C 2 6,600 35% 45% 410 378 <-32> 4108 C 2 26,400 75% 75% 625 625mkt 0 4202 C 3 13,932 35% 35% 244 282 38 4203 B 4 12,870 35% 35% 252 282 30 4204 B 2 10,204 35% 35% 244 282 38 4205 B 2 21,600 65% 75% 600 600mkt 0 4206 B 5 14,430 35% 45% 410 378 <-32> 4207 C 1 19,800 65% 75% 595 595mkt 0 Affordable Program Analysis ONE QUAIL PLACE APT# UNIT TOTAL ADJUSTED QUALIF. RECOM. CURRENT NEW NET RENT TYPE OCC. GROSS AFFORD. AFFORD. RENT RENT CHANGE INCOME LEVEL LEVEL 4208 C 4 7,360 35% 35% 243 282 39 4301 C 5 7,321 35% 35% 244 308 64 4305 A 1 15,504 55% 55% 338 387 49 4306 A 1 8,809 35% 35% 217 229 12 Monthly gain to the gross potential $4,410 Annually gain $52,920 0 0 CD 0 0 0 0 0 0 0 0 ti o c) in LU CC) (0 CC) >' N N co co C Eft Eft E4 Eft Eft 0 U a) E5 a) o 0 0 0 0 Lri U Lri Lri LI) (/) N- (NI N.- N W .� -_0 N CT) Lf) N CO Z = O (0 ON N O6 O CO J = a) 69 Eft Eft Efl Eft W a) S 0 Q = o LL C) 0 o O o _ o 0 0 0 0 O� p .0 M CC) CO CO O c) C O) c) 00 co I� r a) c r- — N N CO 1 CO 0 Eft Eft E9 Eft Eft H U W t!) -° 0 W ca cn Q > ^L' L.. W _O J cf) O O O O O 7 O O O O O < L N coCO O N a J O N- C3) Cf. 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C) cn A co 00) p (D o 0 0 0 0 CT (D o 0 0 0 0 D (00 O N -, Cl o 0 0 0 o N O o 0 0 0 o fD Di 0) N CO Ni W o W D N W a C a N a (D -, N Q) -. �- 0 0 0 0 0 Co C) W C) A 0 0 0 --• A CO C CO C a0) aQ) N NJ N.) A — CD — (D Co CO (0 -J C) a o 0 0 o cn a cv n n A A CO p)' co -. N --• N a n A Cl 7 O W co -, A Co CD V V V V CD O o 0 V Co r o • (D r- o = r o 0 (Da (Da .. �! C) cn A co (CD 0) a rn 01 A CO CD C) °1 C) cn A co 0 0) cn cn (-Ti cn cn CT O Cn U1 cn Cn cn cn cn Cn cn cn 0 0) 0 0 0 0 o li' N o 0 0 0 o y o 0 0 0 0 0) 0 RECEIVED SEP 1 5 iggR DEVELOPER SALES NETWORK PAREDEVELOPMENT DESERT September 09, 1998 Ms. Teresa La Rocca PALM DESERT REDEVELOPMENT AGENCY 73-510 Fred Waring Drive Palm Desert, CA 92260 RE: Proposal for Sales of H.I.P. Homes Dear Terre: Thank you again for giving DEVELOPER SALE NETWORK the opportunity to do this proposal for the sale of your homes through the H.I.P. program. As you are aware, we are very familiar with selling and procuring financing for the low and very low-income buyer, and we would be • delighted to continue working with the City of Palm Desert in this capacity. As your broker at Desert Rose, we have become intimately familiar with the concerns and needs of the low and very low-income buyer. As well, we have become experts in the finance and subsidy programs designed to help this buyer achieve the dream of home ownership. It is our intention to use this knowledge to your benefit and the benefit of your buyers, by helping cultivate homebuyers and by keeping the process simple. Buying a home can be a very stressful transaction for everyone involved, our experience gives us the ability to make it as pleasant and simple as possible. In addition to experience with the loan programs available to your buyers, we also have computer software programs designed specifically for the type of programs that will be offered through the H.I.P. program. The software that we used for the Desert Rose development can be retrofitted to accommodate any loan program available. It is our intention to use this program to provide an easy to understand breakdown to the buyers, as well as to provide a printed record of each transaction for the City's files. In light of the success at Desert Rose, it seems only appropriate that the sales agent that was so instrumental in that success should represent you in the H.I.P. program as well. As you know, Margaret Berliner played a very important role in keeping the sales at Desert Rose not only consistent, but very well organized. Her exceptional ability to counsel this buyer and prepare them for home ownership will be an important part of achieving the goals of the program. We 3 Upper Newport Plaza Newport Beach CA 92660 714/851-1374 DEVELOPER SALES NETWORK Proposal for H.I.P. Program September 9, 1998 • Page 2 are excited about having her on the team and we are certain that her knowledge and experience will contribute greatly to the success of the program. It is our intention to promote the H.I.P. homes in the same advertisements that we use to attract buyers for the resales at Desert Rose. The size and frequency of these ads will vary depending on the amount of response and the number of homes available. Although we are certain that we will realize a significant number of sales through referrals from our existing buyers, it is anticipated that there will be a time when the advertising campaign will need to be more extensive. The cost of any additional advertising will be the responsibility of the Palm Desert Redevelopment Agency. As your broker, we will coordinate all advertising activities and monitor the results. We will closely watch the amount of interest being generated and try to minimize the amount of time that any home remains unsold. The advertising campaign will also consist of a more "grass roots" approach to reaching the buyer. As conventional modes of advertising are often ineffective with this buyer, we will implement some more direct programs, such as the "Refer-a-friend" program and distribution of flyers to targeted locations such as grocery stores, Laundromats, etc. In addition, we will periodically hold homebuyer seminars in an effort to educate people on the benefits of homeownership and hopefully to create some additional buyers. • As compensation for our services as the broker and coordinator of sales for the H.I.P. program, it is requested that a commission of six percent (6%) be paid on the gross sales price of any transaction. This compensation should be paid through escrow upon the recorded closing of any sale. We are very excited about working together with you to help provide the opportunity of homeownership to families who otherwise might not have ever been able to afford it. Our past experience with this type of buyer, the Palm Desert Redevelopment Agency and specifically, with you, makes us very eager to ensure that this program is a great success. Thank you again for the opportunity. Sincerely, Vincent arbato An fillgribato Principal Divisi, Manager Developer Sales Network Developer Sales Network O • I • *WTI! ti• 1 gait Ye4ffi tAelVeele41,1aelae tf e c�� 73-510 FRED WARING DRIVE, PALM DESERT, CALIFORNIA 92260-2578 TELEPHONE (760)346-0611 FAX(760)341-6372 September 9, 1998 Mr. Joe Sitko Building Horizons 42-600 Cook Street Suite 120 Palm Desert, Ca. 92211 Fax: (760) 340-6388 RE: 1998-1999 Proposal Dear Mr. Sitko: Niue, As a follow-up to your conversation with Carlos Ortega of Friday, September 4, 1998 regarding the Agency's contribution for the construction of a single family home during the 1998-99 school year in conjunction with Building Horizons' proposal, staff is prepared to recommend to the Agency that affordability covenants be purchased from Building Horizons for an amount not to exceed $20,000 in the form of a silent second trust deed to buyer. In addition staff will recommend a mortgage buy down in the form of a silent second for a qualified buyer of lower income not to exceed$25,000. This would provide for a total silent second trust deed to be recorded against the property in favor of the Palm Desert Redevelopment Agency in an amount not to exceed $45,000 to a qualified buyer of lower income. In reviewing your budget proposal your breakdown is as follows: Actual construction expenses $63,650 Administrative and Overhead Costs $35,850 Closing Costs (normally paid by buyer and $7,500 seller) Total $107,000 Land cost not reflected: $20,000 Total $127,000 v Recycled Paper Staff proposes the following budget outline: BUDGET Description Cost Land $20,000 (absorbed by RDA in exchange for purchase of affordability covenants) Design Expense -0- Building Permit and Utilities $6,500 Building Materials $45,000 (reduced by donations received) Construction labor $9,500 (reduced by donations received) Administration $14,000 Insurance coverage $2,650 ($650 increase from 1997-98) Operation Expenses $5,000 ($5,000 decrease 1997-98 proposed) Closing costs $4,350 (new line item not included in 1997-98 normally paid by buyer and seller) Total Costs $107,000 Selling Price $107,000 As you were advised by Mr. Ortega,the Agency renegotiated its Stipulation for Entry of Judgment with the Western Center on Law and Poverty. Attached for your review is an excerpt from said Stipulation which discusses the criteria under which the Agency may become involved in for sale housing intended to be sold to lower income households. Please note page 6, item (i) which clearly states that the "total cost of development of any housing unit ... shall not exceed the median cost of development of many constructed housing units of similar type, with the same number of bedrooms and a similar size in Riverside County during the previous year." It further goes on to explain under subsection (ii) that the amount of Agency subsidy for each for sale unit shall not exceed the present value of the median cost of the Agency subsidy over 30 years for rental unit of the same bedroom type and affordability level as developed or acquired by the Agency under the Stipulation. The purpose of this language in the Stipulation is as Mr. Ortega stated, to assure the Western Center that the Agency is not oversubsidizing for sale housing of similar size and affordability level. Sincerely, RESA L. LA ROCCA Housing Programs Coordinator TLR:dcl `4411w Attachment cc: Carlos Ortega AP 1 c. Any self-help project shall utilize 2 experienced, reliable developers, with a track record of 3 successfully developing at least 20 units of self-help 4 housing within the last five years. In choosing a 5 developer, the Agency shall give a preference to non- 6 profit developers which have successfully developed 7 50 or more units of self-help new construction housing 8 units within the last five years. 'Preference' means 9 the selection of a non-profit over a profit motivated 10 developer where the non-profit development proposal does 11 not exceed the cost of a for-profit development proposal 12 equalized for the proposed quality of construction and 13 given developers of like experience. 14 d. The development or acquisition of any 15 project involving for-sale housing shall meet the 16 following costs and subsidy criteria. For-sale housing 17 shall not include self-help housing as defined in 18 subparagraph b above, but shall include housing 19 developed or acquired by the Agency which is intended to 20 be sold to lower income households. 21 (i) The total cost of development of any 22 I housing unit, including but not limited to acquisition, 23 construction, financing and rehabilitation costs, except 24 housing which has been acquired or developed prior to 25 the date of the Stipulation Amending Stipulation for 2 Entry of Judgment adding this Paragraph 36, shall not 2 exceed the median cost of development of newly 2 constructed housing units of similar type (e.g. , RICHARDS, WATSON& P6402-00106 us(1) — 6 — STIPULATION AMENDING STIPULATION FOR GERSHON ENTRY OF JUDGMENT;EXHIBIT'A';[PROPOSED]ORDER ATTORNEYS AT LAW 0321479 1 condominiums versus free-standing units) , with the same 2 number of bedrooms and of similar size in Riverside 3 County during the previous year. 4 (ii) The amount of Agency subsidy for • 5 each for-sale unit shall not exceed the present 6 value of the median cost of the Agency subsidies 7 over 30 years for rental units of the same bedroom 8 count and affordability level, as developed or 9 acquired by the Agency under this Stipulation. " 10 ` 11 \\ — 4. Subparagraph b of Paragraph 1 of the Stipulation is 12 hereby amended to read as follows: 13 14 "b. In addition to the housing units described in 15 paragraph 1.a, above, an additional 100 housing units 16 occupied by and available at affordable housing cost to 17 very low income households and an additional 60 housing 18 units occupied by and available at affordable housing 19 cost to lower income households shall be developed. 20 Development of these units shall be commenced within 120 21 days after the average occupancy rate on either the very 22 low and low income ownership units or the very low and 23 low income rental units developed or acquired pursuant 24 to paragraph 1.a (i) and (ii) is 90 percent or more 25 during any calendar month, and development shall proceed 26 with reasonable diligence to completion. The Agency 27 shall maintain the average monthly occupancy rate of the 28 units developed under paragraph 1.a (i) and (ii) . " RICHARDS, WATSON& 970605 P6402-00106 us(1) — 7 — STIPULATION AMENDING STIPULATION FOR GERSHON ENTRY OF JUDGMENT;EXHIBIT'A";[PROPOSED)ORDER ATTORNEYS AT LAW 0321479 SopGIRts, RECEIVED SEP - 3 1998 lisiDING llORI1US REDEVELOPMENDEST AGENCY BUILDING HORIZONS A School-to-Career Program Sponsored By The Boys and Girls Club of Coachella Valley September 1998 Since its beginning as an experimental program in September 1994, Building Horizons has proven to be a beneficial program to all those involved. The program continues to accomplish its primary goal of providing students with an opportunity to learn residential construction skills to better prepare them for the local building industry job market. Just as important, the program strengthens students' work ethic, integrity, reliability and increases their self-esteem and confidence; it provides them with job opportunities and placement; and it encourages their pursuit of studies and careers in the related fields of architecture, engineering and construction management. Partners in the program benefit as well. The schools are given another school-to-career --opportunity for their students;the cities acquire new affordable housing;and the building industry ha.4 new source of entry-level skilled employees. Building Horizons follows the academic year, beginning in September with approximately six- weeks of classroom instruction and then moving the class to the project site to begin learning during the actual construction of the home. The class is conducted each school day during 5th, 6th and 7`h periods and students receive 15 credit hours each semester for their participation. The program has received numerous recognitions including the Program Excellence Award from the Boys and Girls Club of America, the prestigious William Bone Educational Award from the Building Industry Association, Desert Chapter, and the Community Action Award from Riverside County. Our project sites have had personal visits from state and national dignitaries. Building Horizons completed its first project with the City of Palm Desert during the 1997-98 year. We propose to continue our successful partnership with a project for the 1998-99 school year, following the format of the Affordable Housing Agreement between Building Horizons and the City of Palm Desert Redevelopment Agency dated February 2, 1998. 42-600 Cook St. Ste.120 - Palm Desert, CA 92211 - PH: 760.340.4748 - FAX: 760.340.6388 - BuildNKids@aol.com BUILDING HORIZONS A Partnership In Affordable Housing and Student Development Sponsored by The Boys and Girls Club of Coachella Valley September 2, 1998 BUDGET Project Cost Description One House Building Lot (donated) 0.00 Design Expense 0.00 Building Permit and Utilities 6,500.00 Building Materials 45,000.00 Construction Labor 9,500.00 Administration 23,850.00 Insurance Coverage 2,650.00 Operating Expenses 10,000.00 Accounting 2,000.00 Closing Costs .7,500.00 Total Estimated Cost $107,000 Selling Price $107,000* *Redevelopment Agency zero-interest loan $75,000 Building Horizons Proposal `` Budget Detail Project Cost Description One House Building Lot (donated) 0.00 Design Expense 0.00 Building Permit and Utilities 6,500.00 Approximately$2,800 per house for Building Permit Fees Approximately$3,700 per house for Utilities. Building Materials 45,000.00 Cost of$45,000 if no materials are donated. Typically, we have been given donations of materials of$16,000 per house. Construction Labor 9,500.00 This constitutes the hiring of sub-contractors when we cannot get the labor donated. Administration 23,850.00 Pro-rated staff-salary. Insurance Coverage 2,650.00 $2,3000 per house for $1 million liability insurance. $350 per house for course of construction insurance. Operating Expenses 10,000.00 Overhead costs and office space rental. Accounting Services 2,000.00 Closing Costs 7,500.00 Real Estate Commission and Escrow Fees .. v • iyAri ,tAfezie, . 4 ,-, 73-510 FRED WARING DRIVE, PALM DESERT, CALIFORNIA 92260-2578 TELEPHONE(760)346-0611 FAX (760) 341-6372 July 17, 1998 Ms. Stephanie Skibel RPM Company 4425 E. Airport Dr. Ontario, CA. 91761-7815 FAX: (909) 390-2829 RE: a k47/ Dear Stephanie: The Housing Commission at its last meeting suggested that we have a contest for the renaming of One Quail via the next newsletter and that anyone interested in participating drop the name into a suggestion box he placed at the One Quail office. Perhaps a small award can be offered ($50 or a $50 deduction in rent for the winner of the contest). The winning name would be selected by the City Council at a future meeting and the winner recognized. In addition,the Commission reviewed the waiting list submitted and expressed concerns regarding the length of time these individuals have been on the waiting list i.e. 1994, 1995, and 1996. They have requested that the list be updated and submitted for their review. It is my further understanding, as a result of discussions with Steve,that the$25 credit check fee is not being collected until a unit is actually ready for the tenant(s). If this is the case, then the concerns previously expressed by the Commission relative to the collection of the credit fee and the length of time on the waiting list have been resolved. Sincerely, • TERESA L. LA ROCCA Housing Programs Coordinator TLR:dcl o Recycled Paper PALM DESERT REDEVELOPMENT AGENCY Coo MEMORANDUM DATE: AUGUST 11, 1998 TO: HOUSING COMMISSION MEMBERS FROM: TERESA LA ROCCA, HOUSING MANA ) SUBJECT: SUGGESTED NAMES - ONE QUAIL ((PLACE The following are names suggested by the tenants of One Quail Place for the renaming of the property. 1. Golden Ponds 2. Landsdale Palms 3. Palm Creek Apartments 4. Desert Streams 5. Running Springs Apartments 6. Las Brisas Palmeras 7. Sand Pebble Apartments 8. Cape Cod Place 9. Desert Mirage Apartments 10. Palm Desert Springs Apartments 11. Desert Springs Apartments 12. Desert Oasis Apartments 13. Town Center Way Apartments 14. Desert Enchantment 15. Sparrow Apartments 16. Mi Hogar 17. Mesquite Village Apartments 18. Desert Falls 19. King's Court 20. Palm Desert Streams 21. Jacaranda Terrace Apartments 22. One Quail Place! 23. Desert Gardens 24. Desert Oasis 25. Palm Desert Gardens 26. Why Change it! any 27. Water Walk Oasis PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM TO: Housing Commission Members FROM: Bryce Lynn White, Rehabilitation Construction Specialist DATE: September 23, 1998 SUBJECT: Home Improvement Program Update To date, there are Completed: 9 grants 2 matching fund grants 2 loan There were an additional 23 properties improved on "Make a Difference Day" 5-9-98 Work in progress: 3 grants 1 loan 1 County EDA loan Processing: 3 grants 2 loans 1 County EDA loan Preparations are in process for a"Volunteer Day"to be held on November 11, 1998. This event will utilize approximately 400-500 insurance agents/volunteers(ICPA)coordinated by Production Group International(PGI). The City of Palm Desert and Habitat for Humanity are co-sponsoring this event. We expect to improve 10 homes on this day. orl RECEIVES 1 •LcI SEP 1 4 1998 PALM DESERT Production Group International REDEVELOPMENT AGENCY 77 Geary Street,Suite 303 San Francisco,CA 94108-5723 tel 415.433.7722 fax 415.433.7620 September 7, 1998 Mr. Bryce Lynn White City of Palm Dessert 73-510 Fred Waring Drive Palm Desert, CA 92260-2578 Re: Volunteers for Neighborhood Cleanup Projects Wednesday, November 11, 1998 Dear Bryce: This letter is to confirm that PGI will be working with the City of Palm Dessert and ILHabitat for Humanity in the coordination of approximately 400 - 500 volunteers associated with ICPA (Insurance Conference Planners Association) on Wednesday, November 11, 1998 from approximately 1:15 PM to 4:30 PM. This event will be part of the program for ICPA's 1998 Annual Meeting at the Westin Mission Hills from November 9 -13th. PGI will be responsible, on behalf of ICPA, to provide the following elements: • 500 volunteers (9 - 11 work units of approximately 45 people each) • Color coded T-shirts to identify each work unit • Work gloves for each volunteer • Transportation to and from the work sites • Coordination of refreshment stations provide by La Quinta • PGI management staff to assist with coordination on the project sites • Event pre-planning • On-site logistics The City of Palm Dessert and Habitat for Humanity are responsible to provide the following components as outlined: • City of Palm Dessert - Projects to include general clean up, yard work, fence and house painting in the Sheryl Lane area to accommodate approximately 400- 500 people Responsibilities continued: • Habitat for Humanity- Tentatively two projects in Cathedral City which would require approximately 40- 45 volunteers • City of Palm Dessert, in conjunction with Habitat for Humanity, to provide all the tools, materials and supplies required for the work projects • Habitat for Humanity to provide the work unit instructors for each group, approximately 9 to 11 instructors. The instructors are responsible to do preparation work on site prior to the arrival of the volunteers and to direct a pre-assigned volunteer work unit when they arrive on site and provide direction during the entire project • City of Palm Dessert to work, in conjunction with Habitat for Humanity, to obtain a large number of instructional, supervisory staff on site to insure all volunteers are provided with clear instructions for specific jobs PGI is looking forward to producing a well organized and productive volunteer event in conjunction with the City of Palm Dessert and Habitat for Humanity. We understand we are dealing with a large number of people in a limited time frame and we appreciate your willingness to work with us based on these parameters. We will work closely with you to insure all aspects are clearly defined and do everything on our part to make sure the event is productive and operates smoothly. Thank you again for all your support and assistance on this project. Sincerely, an Haley Special Projects Coordinator .4,14 fi G ty4t to gad Yeoese t 4e wp � �o 3;• 73-510 FRED WAKING DRIVE, PALM DESERT, CALIFORNIA 92260-2578 TELEPHONE(760) 346-0611 FAX (760)341-6372 September 4, 1998 Mr. Kurt Silver, Assistant Controller Marriott Desert Springs 74-855 Country Club Drive Palm Desert Ca. 92260 RE: Second Annual "Make a Difference Day" Event Dear Kurt: It was a pleasure hearing from you yesterday. I also look forward to another successful "Make a Difference Day" event with the Marriott Desert Springs team. Per our discussion, we will begin coordinating our efforts in December and will be contacting you mid - late December to begin setting up initial meetings in early January for an event to be planned for May, 1999. I believe that Now an early start will help ease any tensions that we may have suffered during the first event and give us an opportunity to review what we learned from the first event to streamline and coordinate the activities. I feel that for our first major event, 1998 was extremely successful and I think that the "proof was in the pudding" which we could all see at the end of the day that we truly did make a difference to the neighborhood. I am excited that the Marriott Desert Springs is considering joining us once again in making a difference in the City of Palm Desert. Although I know that you must still take this recommendation to your in-house committee. I am hopeful that their reaction will be positive. Again, thank you for staying in touch. You will hear from us before the end of the year. Sincerely,/ Cr v eiz#Th TERESA L. LA ROCCA Of Housing Manager TLR:dcl cc: Carlos Ortega Charlene Sumpter Bryce Lynn White P Paper PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: September 23, 1998 TO: Carlos Ortega, Executive Director FROM: Teresa La Rocca, Housing Manager SUBJECT: Housing Projects Update ♦ Building Horizons Received a proposal from Building Horizons for the construction of a single-family home during the 1998-1999 school year as attached. Sent Building Horizons a counter-proposal to which they have agreed as attached. Staff has identified a vacant lot along Virginia Avenue in Palm Desert that will accommodate and be satisfactory to Building Horizons for the construction of the proposed home. Agency will open escrow and will transfer property to Building Horizons after approval by the Agency to complete the acquisition. ♦ Portola Palms Mobile Home Park Four escrows have been opened on behalf of current tenants at Portola Palms for the acquisition of their spaces. Public hearing notices have been advertised and sale of lots will be reviewed by the Agency at their September 24, and October 8th meeting. There are currently 2 additional tenants who are in the process of obtaining financing for the acquisition of their spaces. Ingrid Baddour and Associates have been working on marketing the 22 vacant lots, have placed a listing in the MSL listing sheet, and met with HOA. • Silver Spur Mobile Home Park- Proposed Ordinance The proposed ordinance was scheduled for review by the City Council at their meeting of September 10, 1998. As a result of comment from Mr. Prawdzik, an attorney who represents several homeowner associations throughout the valley, the ordinance was pulled from the agenda and referred back to the City Attorney for incorporation of Mr. Prawdzik's suggestions. 'vow Page 1 of 3 • Home Improvement Program Completed: 9 grants 2 matching fund grants 2 loans Work in progress: 3 grants 1 loan 1 County EDA loan Processing: 3 grants 2 loans 1 County EDA loan • Housing Authority Rental Units As of Sept. 21, 1998: One Quail Place - 88.54% occupied. Neighbors - 83.33% occupied �.. Catalina Gardens - 97.22% occupied Desert Point - 100% occupied Taos Palms - 93.75% occupied Las Serenas - 98% occupied Pueblos - 100% occupied • Santa Rosa Apts. Working with Edison on undergrounding power lines. Pool rehabilitation or removal to be discussed at September 30, 1998 Housing Commission meeting. Buildings #1 and#2 painted, textured and installation of cabinets is in process. Building#3 work is 50% complete. Building #4 work has begun. Landscape and tree removal has begun for the overall project. Roof asbestos has been removed and roof installation to begin on Monday, September 28, 1998. 'vow Page 2 of 3 • Desert Rose Staff is currently working on two resales at Desert Rose. One is a result of foreclosure and the other as a result of a marriage. Perspective buyers have been identified for both units and staff is working with DSN Realty to qualify the buyers. • Habitat For Humanity The Affordable Housing Agreement is scheduled to be reviewed and acted upon by the Agency at the September 24, 1998 meeting. A family has been identified and qualified to purchase the home. The family consists of mother, father and 7 year old triplet boys. • 42-662 and 42-740 Rebecca Road Escrow will close on Friday, September 25, 1998 at which time staff will begin to coordinate the rehabilitation of each of the properties. TLR/dcl Nailer Page 3 of 3 SANTA ROSA APARTMENTS REHABILITATION OF EXISTING SWIMMING POOL: Proposals Received: Bob Kennedy $ 9,000.00 AB Development $ 8,000.00 San Juan Pools $11,750.00 Jasso Sparkling Pools $10,510.00 Handicap Lift per commercial & Building Codes $ 840.00 Conversion of pool depth to play pool $ 4,000.00 New fencing around swimming pool $ 3,000.00 $ 7,840.00 New construction and relocate swimming pool $20,000.00 Palm Tree Removal $ 4,000.00 Removal of existing swimming pool $ 3,000.00 $27,000.00 Nivip Annual Maintenance Cost $ 3,600.00 Gas $ 5,000.00 Water $ 1,000.00 Electricity $ 1,000.00 $10,600.00 New Pool $30,840.00 • Rehabilitation of existing pool $19,590.00 Annual maintenance would apply to both $10,600.00 September 23, 1998 1111 TO: Terre La Rocca-Housing Programs Coordinator From: Charlene Sumpter-Rehabilitation Specialist RE: UPDATE ON SANTA ROSA APARTMENTS AND PROPERTY ACQUISITION UPDATE FOR SANTA ROSA • Documentation for saving the swimming Pool at the Santa Rosa Apartments has been completed and presented to you for your review on June 23, 1998. • Building number one is textured and painted. • Building number one-Cabinets are being installed. • Contractor is currently in the process of cutting casings, and moldings for building number one and has begun to install them. • Building Number Two passed inspection on using BW vent pipes. • Building Number Two is drywalled and textured. S • Building Number Two is Being Painted on September 24, 1998. • The Architect has not prepared a preliminary drawing for the Laundry Room. I have drawn the Laundry Room to Scale and Discussed it with Pat Colon who stated we can use my drawing and details to submit to the building dept. For approval so that we can begin the rebuilding of the Laundry Room. • Completion of scratch and brown coat have occurred on building number one,two, and three. • Contractor has reframed the window openings on building number 3. • Contractor has installed windows for building number three. • Contractor is near completion of the rough electrical and plumbing on building number 3. • Asbestos Company has completed the removal of the asbestos from the roof. • Roofing Contractor is currently scheduled to begin the roof installation on September 28, 1998. • The rough electrical and plumbing have begun on building number four. • Landscape tree removal has begun. • • Completion for the Santa Rosa Apartments is still scheduled for late October or early November of 1998. Property Acquisition: The two properties on Rebecca Road are currently in escrow and are scheduled to close by September 25, 1998. The Vacant Lot on Virginia is in Escrow now, all the papers have been signed by Carlos and can close when you are ready to. The property on Catalina Way will go into Escrow as soon as the existing owners are authorized to sell The property. I am preparing a brochure for Property Acquisition and Rehabilitation and one for Affordable Housing so that we can have them to describe the programs at a glance. The brochures should be completed soon. Working with HUD: We are currently working with HUD and requesting that our focus areas number one and two become listed as revitalization Areas. The purpose of this will be to qualify for deep discounts of up to 30%off the market value, However a study of the area has to occur and certain criteria has to be met and presented to HUD for their review and approval. This report will be completed and submitted to HUD before August 31, 1998. Revitalization Package has already been sent out-Awaiting HUD'S response Officer Next Door Program: The officer Next Door is a program that HUD offers to Polices and Firefighters this program will become available and offered to the City of Palm Deserts Police and Fire Department once we are successful in getting our zip code of 92260 approved as a Revitalization Area. INFORMATIONAL ITEMS • HOUSING COMMISSION Meets on second Wednesda • of month from 3:300. n to S`00 p.ni tnN 'CR. !I Jan. 14, 1998 Feb. 11, 1998 Mar. 11, 1998 Apr. 8, 1998 May 13, 1998 • Jun. 10, 1998 Jul. 8, 1998 Aug. 12, 1998 Sep. 9, 1998 Oct. 14, 1998 Nov. 18, 1998 Dec. 9, 1998 • • HOUSING COMMISSION MEMBERS G.A. Holmes Marion"Rusti" Olsen(Las Serenas) 43-871 Via Granada 73-315 Country Club Dr. #105 Palm Desert, CA. 92260 Palm Desert, CA. 92260 862-9002(W), 345-0590 (H) 340-6048 (H) Carrie Wick Philip Sladick(One Quail) 392 Tava Lane 72-600 Fred Waring Dr., #2111 Palm Desert, CA. 92211 Palm Desert, CA. 92260 341-7017(W), 341-1934(H) 341-5214 776-2321 Pager Lawrence Saindon(Alternate) Roger Dash 77-651 Marlowe Ct. 38641 Wisteria Palm Desert, CA. 922 1 1-6207 Palm Desert, CA. 92211 772-6858 345-2077 Leo Sullivan(Alternate) Bernard"Ben"Kurtz 1 Hermosillo Ln. #2 Maximo Way Palm Desert, CA. 92260 • Palm Desert, CA. 92260 340-5381 341-1253 EX-OFFICIO MEMBERS Carlos Ortega, Secretary Teresa La Rocca, Housing Programs Coordinator Charlene Sumpter, Rehabilitation Specialist Bryce White, Rehabilitation Construction Specialist OTHERS David Yrigoyen Maria Hunt Diana Leal Updated September 11, 1998 ORDINANCE NO. 569 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ESTABLISHING REGULATIONS RELATIVE TO COMMITTEE/COMMISSION MEMBER ATTENDANCE . WHEREAS, the regular attendance of all members of the City ' s committees and commissions is imperative to the effective operation of the City' s boards ; and WHEREAS , the City Council , upon request , has already established regulations for attendance for certain committees and commissions . BE IT HEREBY ORDAINED that in an effort to attain consistency and efficiency on all of the City' s boards , members are hereby required to maintain good attendance of all meetings and that in the event of irregular attendance , three unexcused absences in any year ( September I through August 31 ) shall constitute an automatic resignation of the member absent . BE IT FURTHER ORDAINED that an " excused absence" is one which is reported to and accepted by the chairperson of the board the member serves on in advance of the meeting date and time . PASSED , APPROVED , and ADOPTED by the City Council of the City of Palm Desert , California , at its regular meeting held on the 23rd day of March , 1989 , by the following vote , to wit : AYES : Kelly , Snyder 8 Wilson NOES : None ABSENT: Benson and Crites ABSTAIN: None % RO W1 LSON , OR ATTEST: _ SHEILA R . G• LL ITY CLERK CITY OF PALM DESERT CALIFORNIA AGENDA PACKET �' SECTION ORDINANCE NO. 784 %IE.:" �12�/c15� AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING ORDINANCE NO. 569 RELATIVE TO ABSENCES FROM COMMITTEE AND COMMISSION MEETINGS. WHEREAS, the City Council adopted Ordinance No. 569 on March 23, 1989, and established criteria for attendance of City Committee and Commission members; and WHEREAS, since the adoption of Ordinance No. 569, certain circumstances have changed which necessitate a clarification and amendment of said ordinance. BE IT HEREBY ORDAINED that in an effort to continue to attain consistency and efficiency on all of the City's boards, members are hereby required to maintain good attendance of all meetings. In the event of irregular attendance, the following shall apply: 1. Three unexcused absences in any one year (September 1 through August 31) shall constitute an automatic resignation of members holding office on boards which meet monthly. 2. Five unexcused absences in any one year (September 1 through August 31) shall constitute an automatic resignation of members holding office on boards which meet twice monthly. BE IT FURTHER ORDAINED that an "excused absence" may be granted by the Chairman of the Committee or Commission if the member is ill, serving on jury duty, serving in the military, or has suffered a death in the family. PASSED,APPROVED, and ADOPTED by the City Council of the City of Palm Desert, California, at it regular meeting held on the day , 19_, by the following vote, to wit: AYES: NOES: ABSENT: ABSTAIN: BUFORD A. CRITES, MAYOR ATTEST: SHEILA R. GILLIGAN, CITY CLERK r`T-r-v nr n A T 11 g nr,cr.n-r ( T TrnP P\T.A I • A. ORDINANCE NO.7- AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, AMENDING ORDINANCE NO. 569 RELATIVE TO ABSENCES FROM COMMITTEE/COMMISSION MEETINGS. Rec: Waive further reading and pass to second reading. Action: NOTE: STAFF REPORT AND ORDINANCE WILL BE DISTRIBUTED PRIOR TO THE MEETING. PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: AUGUST 27, 1998 TO: EXECUTIVE DIRECTOR, HONORABLE CHAIRMAN AND MEMBERS OF REDEVELOPMENT AGENCY BOARD FROM: TERESA LA ROCCA, HOUSING MANAGER SUBJECT: ACQUISITION, REHABILITATION, AND RESALE PROGRAM RECOMMENDATION: That the Agency Board, by minute motion, authorize the Executive Director or his designee to negotiate the acquisition of Housing Urban Development (HUD) Repos, bank foreclosures and for sale properties as part of the Acquisition, Rehabilitation, Resale component of the Home Improvement Program (HIP) not to exceed a cumulative financial commitment of$250,000 from program funds. In the case of HUD properties, authorize submittal of bids through HUD's Internet Program at the discretion and approval of the Executive Director. BACKGROUND: star On December 11, 1997, the HIP Program was approved. Component seven of the Home Improvement Program is the Acquisition Rehabilitation Resale Program as follows: COMPONENT NO. 7-ACQUISITION/REHABILITATION/RESALE COMPONENT (ARRC) ($500,000.00 PROGRAM BUDGET) 1. For very low and low income household whose income is 30-80% of the County of Riverside Median Income 2. First Time Buyer Program 3. Anticipated cost per home $75,000.00 - $85,000.00 4. Anticipated rehabilitation cost $10,000.00 per home 5. Second trust deed will be made available as required from 20%Housing Set-aside Funds PROPERTY ACOUISITION PROCEDURES 1. Staff, working through local realtors, will identify homes that are for sale both inside and outside the Focus Areas. (It is Staff's intent to purchase selected properties at the lowest possible purchase price to provide affordable housing to lower income families.) 2. Make offers through local brokers. 3. Enter purchase escrow. 4. Staff will accomplish due diligence and define renovation cost via the preparation of a Scope of Work analysis to include costs of rehabilitation. • ACQUISITION, REHABILITATION,AND RESALE PROGRAM Page 2 PROPERTY ACQUISITION PR CF,Di1RFS(Cont.) 5. Staff will prepare a work write up for each individual home. 6. Identify and contract with local general contractor for rehabilitation and commence work. 7. Staff will monitor and inspect project throughout the rehabilitation phase. 8. Staff will identify and work with conventional lending institutions to qualify and finance prospective buyers and establish a waiting list of qualified very low and low income families. 9. Enter sales escrow and work with a local broker for the sale of properties. 10 . The Agency will provide, as necessary, a silent second trust deed mortgage to reduce the mortgage amount and make a grant to cover the closing cost. Staff has determined that HUD and bank foreclosures can be acquired at approximately 30% below market value. Based on this, it is necessary to have the ability to act fast and open escrow or Bid via the Internet as appropriate as it is extremely competitive when such discounts are available. At the discretion and upon approval of the Executive Director,as such properties become available, staff requests permission to purchase properties that would allow for an after rehabilitation resale price which would make the home available to a family of lower income. This will allow the flexibility of purchasing at the maximum discount, and resale to households of lower income at a minimum cost to the Agency. All purchases will be submitted for review and ratification. 'tow The ability to purchase such properties will enable the Agency to obtain additional savings, as most of the properties that are HUD or bank owned properties can be purchase directly. REVIEWED AND CONCUR: eresa L. La Rocca Executive Director Housing Manager TLR:CS:mh Finance Director 41 111 COMPANY apartment management services RECEIVED JUL 2 4 1998 July 20, 1998 F^F�/PAL!-M DESERT REDEVELOPMENT AGENCY City of Palm Desert Attn: Teresa La Rocca 73-510 Fred Waring Drive Palm Desert, Ca. 92660 Re: One Quail Place Resident Advisory Meeting Minutes Dear Teresa, Enclosed for your review are the July 1998 One Quail Place Resident Advisory Meeting Minutes. Our second meeting went very well, and we have planned a dinner for the next meeting in August. Should you have any questions, please do not hesitate to give me a call. Sincerely, Stephanie Skibel Regional Property Supervisor 41. LIVE THE DIFFERENCE SOUTHERN CALIFORNIA DIVISION 4425 east airport drive, suite 100 •ontario, california 91761 909-390-2809•fax 909-390-2829 One Quail Place July 14, 1998 `•• Resident Advisory Meeting Minutes A. Reviewed Minutes from June 15, 1998 * Approved the minutes * No corrections will need to be made • B. Topics carried over from last meeting * Landscaping * Monday is the designated mowing day, with a start time of 8:00am. Every other day, work will not commence until 9:00am. * Handed out the Blower Schedule * Courtesy Patrol - Hi Tek Security company was in attendance to discuss any concerns. They are establishing a toll free phone number, and will provide new stickers with toll free number for existing residents and to include in new resident package. * Pet Policy- Leash law for all dogs, and no new dogs will be accepted. A memo will be sent out to all residents regarding indoor cats. All cats must be indoor, or in one month they will be picked up by animal control. *sr C. New Issues Rules and Regulations * Copies of the Rules and Regulations will be inserted in next newsletter to refresh everyone's memory. Solicitors * Rpm will post new"No Soliciting" signs. -Ice Cream Vendor - Religious Groups Amenities * Possibly changing the locks to the pools, laundry facilities, and weight room to one lock; eliminating outside trespassers. Stored Vehicles and Working on Cars * This will always be an ongoing problem, but we are working on reducing incidents. Pool Rules * Add"No Ice Chests at Pool" to the rules. Pool Gates * Gates have been propped open with ashtrays; we will look into securing ashtrays to be immovable. Landscaping * There is not enough water, dead vines need to be removed from building. Immediate trimming of the palm trees is necessary. The shrubs need to fill in more; hand pruning Bees * Biotech is now calling a company to remove the honey and hives. Parking Permits * Courtesy Patrol suggests all cars have permits to monitor parking. We are currently looking into. D. Next Month Meeting Potluck-One Quail will provide main dish and beverages, residents will bring a dish. Please RSVP with the dish that you will be bringing. Topics Carried Over to the Next Meeting: * Courtesy Patrol toll free number * Update on courtesy patrol time clocks. Wish List: Suggestion by resident to completely gate community, to become a controlled access community. See you at the next meeting on Thursday August 13th at 5:OOpm 1 t 1 i 11 t Don't forget to RSVP for the potluck. AGENDA ADDENDUM HOUSING COMMISSION September 9, 1998, 3:30 P.M. North Wing Conference Room ****************************************************************************** IV. NEW BUSINESS D. BUILDING HORIZONS' PROPOSAL • 9/4)/,62 (ffy (1.1(4/ ✓l f,� POSTED: September 4, 1998, 10:25 a.m. /, 1 V/JC�� • '�/ CALIFORNIA 92260-2578 PALM DESERT, k ? yf✓�;r 73-510 FRED WAKING DRIVE, PA FAX(760)341-6372 TELEPHONE(760)346-0611 September 23, 1998 Dear Housing Commission Member: interest in participating as a member of the Housing Commission. I hope that you will would like to thank you for your ill find your experience as a member of this commission both interesting and challenging. you in the future, I am attempt to tantalize your palette for what is in store for y ande information In an ingtoyou some background forwarding to you printed material which will give t A 's duties, responsibilities and obligations to affordable on the Redevelopmen genc Y housing as follows: Exhibit 1. Affordable Housing Opportunities Information Guide Exhibit 2. Housing Commission Bylaws Exhibit 3. A Summary of Projected Housing Funds - Tax Increment Revenue. Exhibit 4. Affordable Housing Requirements Excerpt Exhibit 5. A Citizen's Guide to Redevelopment produced by the California Redevelopment Association. Exhibit 6. City of Palm Desert's February 1998 Edition of the Bright Side Newsletter which describes the Make a Difference Home Improvement Program. Exhibit 7. Income Limits used by the Agency to determine eligibility for participation in affordable housing programs. fiale / e Page 1 of 2 ria• F i?J W Lf i.�/�//Lily"/C%�!' /L✓ `Ki�A"fr! i. 0 I. POSTED AGENDA Niraw HOUSING COMMISSION SEPTEMBER 9, 1998 3:30 P.M. NORTH WING CONFERENCE ROOM DECLARATION OF POSTING I,Diana Leal, Senior Office Assistant of the Palm Desert Redevelopment Agency, do hereby declare that the foregoing agenda for the Housing Commission meeting of Wednesday, September 9, 1998 was posted on the bulletin board by the outside entry to the Council Chambers, 73-510 Fred Waring Drive, Palm Desert, on September 2, 1998. Dated: September 2, 1998 eal, n. r Office Assistant No.- Palm Desert Redevelopment Agency 4iw PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: SEPTEMBER 2, 1998 TO: HOUSING COMMISSION MEMBERS FROM: DIANA LEAL, SENIOR OFFICE ASSISTAN SUBJECT: NOTICE OF HOUSING COMMISSION MEETING A meeting of the Housing Commission will be held on Wednesday, September 9, 1998 at 3:30 p.m. in the North Wing Conference Room. Enclosed is the agenda and a list of suggested names for One Quail Place for your review. A complete agenda packet was previously mailed to you for the meeting of August 12, 1998 which was canceled. If you would like a complete packet, please call me and I will be happy to prepare one for you. Also, extra agenda packets will be available at the meeting. Please call me at 776-6349 to let me know if you will be able to attend the meeting because a Iry quorum is necessary in order to conduct business. Thank you for your cooperation in this matter. PALM DESERT REDEVELOPMENT AGENCY Vrew MEMORANDUM DATE: SEPTEMBER 2, 1998 TO: WILLIAM WINFIELD FROM: DIANA LEAL, SENIOR OFFICE ASSISTANT • 1 SUBJECT: NOTICE OF HOUSING COMMISSION MEETING A meeting of the Housing Commission will be held on Wednesday, September 9, 1998 at 3:30 p.m. in the North Wing Conference Room. Enclosed is the agenda and a list of suggested names for One Quail Place for your review. A complete agenda packet was previously mailed to you for the meeting of August 12, 1998 which was canceled. If you would like a complete packet,please call me and I will be happy to prepare one for you. Also, extra agenda packets will be available at the meeting. Please call me at 776-6349 to let me know if you will be able to attend the meeting because a quorum is necessary in order to conduct business. It is my understanding that you are interested in resigning from the commission. If so,please submit a letter of resignation. It is imperative that we have a formal letter on file. Your letter can be faxed to (760) 341-6372. Thank you for your cooperation in this matter. POSTED AGENDA HOUSING COMMISSION September 9, 1998, 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 Commission 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 Commission. B. This is the time and place for any person who wishes to comment on nonhearing Agenda items. It should be noted that at Commission 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 Commission. III. APPROVAL OF MEETING'S MINUTES - July 8, 1998 CANCELLATION OF MEETING - August 12, 1998 IV. NEW BUSINESS A. 40-Acre Site Development (Conceptual Plan) B. Housing Production Analysis C. Acquisition/Rehab/Resale Program Proposal - Update (Oral) V. CONTINUED BUSINESS (ORAL REPORTS) A. Housing Authority Properties 1. One Quail Place - Suggestions for name change (Continued from 7/8/98) 2. Waiting list review (cont.) B. Mobile Home Park Issues 1. Portola Palms Mobile home Park Sale of Lots - Update C. Home Improvement Program (Bryce) D. Santa Rosa Apartments Rehabilitation Update (Charlene) 1. Pool cost estimates VI. REPORTS A. Housing Projects Update S VII. REQUEST FOR CLOSED SESSION MATTERS CONFERENCE WITH REAL PROPERTY NEGOTIATOR pursuant to Section 549.56.8 1. Property: 44-845 Las Palmas Avenue Negotiating Parties: Dennis PurpuraBill Donohoo Agency: Carlos Ortega/Teresa La Rocca Property owner: Palm Desert Redevelopment Agency Under Negotiation: Property Transaction two PALM DESERT REDEVELOPMENT AGENCY MEMORANDUM DATE: AUGUST 11, 1998 TO: HOUSING COMMISSION MEMBERS FROM: TERESA LA ROCCA, HOUSING MANA R SUBJECT: SUGGESTED NAMES - ONE QUAIL PLACE The following are names suggested by the tenants of One Quail Place for the renaming of the property. 1. Golden Ponds 2. Landsdale Palms 3. Palm Creek Apartments 4. Desert Streams 5. Running Springs Apartments 6. Las Brisas Palmeras 7. Sand Pebble Apartments 8. Cape Cod Place 9. Desert Mirage Apartments 10. Palm Desert Springs Apartments 11. Desert Springs Apartments 12. Desert Oasis Apartments 13. Town Center Way Apartments 14. Desert Enchantment 15. Sparrow Apartments 16. Mi Hogar 17. Mesquite Village Apartments 18. Desert Falls 19. King's Court 20. Palm Desert Streams 21. Jacaranda Terrace Apartments 22. One Quail Place! 23. Desert Gardens 24. Desert Oasis 25. Palm Desert Gardens 26. Why Change it! Siaw 27. Water Walk Oasis