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HomeMy WebLinkAbout2023-12-13 HC Regular Meeting Agenda Packet City of Palm Desert Page 1 HOUSING COMMISSION CITY OF PALM DESERT, CALIFORNIA AGENDA City Hall, North Wing Conference Room 73-510 Fred Waring Drive Palm Desert, CA 92260 Pursuant to Assembly Bill 2449, this meeting may be conducted as a hybrid meeting with virtual and in-person access to the meeting location. • To participate via Zoom, use the following link: https://palmdesert.zoom.us/j/82626679090 or call (213) 338-8477, Zoom Meeting ID: 826 2667 9090. • Written public comment may also be submitted to mlomeli@palmdesert.gov. Emails received by 12:30 p.m. prior to the meeting will be distributed to the Commission. Any correspondence received during or after the meeting will be distributed to the Commission as soon as practicable and retained for the official record. Emails will not be read aloud except as an ADA accommodation. 1. CALL TO ORDER 2. ROLL CALL 3. NON-AGENDA PUBLIC COMMENT: This time has been set aside for the public to address the Housing Commission on issues that are not on the agenda for up to three minutes. Because the Brown Act does not allow the Commission to act on items not listed on the agenda, members may briefly respond or refer the matter to staff for a report and recommendation at a future meeting. 4. CONSENT CALENDAR: All matters listed on the Consent Calendar are considered routine and may be approved by one motion. The public may comment on any items on the Consent Calendar within the three-minute time limit. Individual items may be removed by Taskforce Members for a separate discussion. A. APPROVAL OF MINUTES RECOMMENDATION: Approve the Housing Commission Regular Meeting minutes of October 11, 2023. Wednesday December 13, 2023 3:30 p.m. Regular Meeting Housing Commission Agenda December 13, 2023 City of Palm Desert Page 2 CONSENT ITEMS HELD OVER: Items removed from the Consent Calendar for separate discussion are considered at this time. 5. ACTION CALENDAR A. RECEIVE AND FILE APPROVAL OF A MODIFICATION TO AFFORDABLE HOUSING COMPLIANCE AND PROPERTY MANAGEMENT SERVICES CONTRACT NO. HA46390 RECOMMENDATION: Receive and file the Housing Authority Board’s approval of modifications to Contract No. HA46390 for affordable housing compliance and property management services for the Authority-owned properties with Falkenberg/Gilliam and Associates, Inc. B. RESOLUTION TO AUTHORIZE THE DESTRUCTION OF OBSOLETE HOUSING AUTHORITY RECORDS RECOMMENDATION: Recommend that the Palm Desert Housing Authority Board adopt a Resolution authorizing the destruction of obsolete Housing Authority records pursuant to the Housing Authority’s adopted Retention Program. 6. INFORMATIONAL REPORTS & COMMENTS A. RPM MONTHLY REPORTS FOR AUGUST 2023 1. Occupancy Status Report 2. Occupancy & Average Rent Summary 3. Report #1 – Occupancy & Average Rent Statement 4. Report #2 – Net Operating Income Statement B. RPM MONTHLY REPORTS FOR SEPTEMBER 2023 1. Occupancy Status Report 2. Occupancy & Average Rent Summary 3. Report #1 – Occupancy & Average Rent Statement 4. Report #2 – Net Operating Income Statement 6. Monthly Report C. RPM MONTHLY REPORT FOR OCTOBER 2023 D. RPM RENOVATION PROJECT REPORTS 1. Las Serenas - Unit 229 2. One Quail Place - Unit 2715 E. HOUSING COMMISSIONERS F. CITY COUNCIL LIAISON G. CITY STAFF H. HOME IMPROVEMENT PROGRAM ACTIVITY REPORTS FOR MONTHS OF SEPTEMBER THROUGH NOVEMBER 2023 I. ATTENDANCE REPORT 7. ADJOURNMENT: The next Regular Meeting is scheduled for January 10, 2024, at 3:30 p.m. Housing Commission Agenda December 13, 2023 City of Palm Desert Page 3 AFFIDAVIT OF POSTING I hereby certify under penalty of perjury under the laws of the State of California that the foregoing agenda for the Housing Commission was posted on the City Hall bulletin board and City website not less than 72 hours prior to the meeting. /s/ Monique Lomeli Recording Secretary PUBLIC NOTICES Agenda Related Materials: Pursuant to Government Code §54957.5(b)(2) the designated office for inspection of records in connection with this meeting is the Office of the City Clerk, City Hall, 73-510 Fred Waring Drive, Palm Desert. Staff reports for all agenda items and documents provided to a majority of the legislative bodies are available for public inspection at City Hall and on the City’s website at www.palmdesert.gov. Americans with Disabilities Act: It is the intention of the City of Palm Desert to comply with the Americans with Disabilities Act (ADA) in all respects. If, as an attendee or a participant at this meeting, or in meetings on a regular basis, you will need special assistance beyond what is normally provided, the City will attempt to accommodate you in every reasonable manner. Please contact the Office of the City Clerk, (760) 346-0611, at least 48 hours prior to the meeting to inform us of your needs and to determine if accommodation is feasible. Remote Location: Pursuant to traditional Brown Act teleconferencing requirements, the teleconference location must be listed on the agenda and be accessible to the public. Commissioner Morrison may participate remotely from the Carlos Ortega Villas Resident Services Building located at 77915 Avenue of the States, Palm Desert, CA 92211. [This page has intentionally been left blank.] City of Palm Desert Page 1 HOUSING COMMISSION CITY OF PALM DESERT, CALIFORNIA MINUTES Click HERE to review the meeting video. Click HERE to access the meeting agenda packet. 1. CALL TO ORDER A Regular Meeting of the Housing Commission was called to order by Vice-Chair Ballard on Wednesday, October 11, 2023, at 3:36 p.m., in the North Wing Conference Room, City Hall, located at 73-510 Fred Waring Drive, Palm Desert, California. 2. ROLL CALL Present: Commissioners Olivia Docken, Dominic Moore, Melody Morrison*, Vice Chair Franchon-Marie Siddiq**, and Chair Kathleen Bauer. *Commissioner Morrison remote participated in accordance with the Brown Act. **Vice Chair Siddiq arrived at 3:49 p.m. Absent: Commissioner Jann Buller Liaison(s) Present: Mayor Kathleen Kelly, City Council Liaison and Mayor Pro Tempore Karina Quintanilla, City Council Liaison (Alternate) Staff Present: Jessica Gonzales, Housing Manager; Celina Cabrera, Management Analyst; and Monique Lomeli, Recording Secretary 3. NON-AGENDA PUBLIC COMMENT: None. By consensus, the Commission agreed to receive Item 6A before the Consent Calendar. Wednesday November 8, 2023 3:30 p.m. Regular Meeting Housing Commission Minutes October 11, 2023 City of Palm Desert Page 2 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES 4. CONSENT CALENDAR: MOTION BY COMMISSIONER MORRISON, SECOND BY COMMISSIONER DOCKEN, CARRIED 5-0, to approve the consent calendar. A. APPROVAL OF MINUTES MOTION BY COMMISSIONER MORRISON, SECOND BY COMMISSIONER DOCKEN, CARRIED 5-0, to approve the Housing Commission Meeting minutes of July 12, 2023. CONSENT ITEMS HELD OVER: None. 5. ACTION CALENDAR A. AUTHORIZE THE USE OF QUILL, LLC., AND NATIONAL SERVICES COMPANY DBA WAXIE SANITARY SUPPLY FOR THE PURCHASE OF OFFICE, JANITORIAL, AND SANITARY SUPPLIES FOR THE PALM DESERT HOUSING AUTHORITY FOR FISCAL YEAR 2023/24 Management Analyst Cabrera presented the staff report and responded to Commission inquiries. Following discussion, MOTION BY COMMISSIONER MORRISON, SECOND BY CHAIR BAUER, CARRIED 5-0, to recommend the Palm Desert Housing Authority: 1. Authorize the use of, and establish an account with, Quill, LLC, for the purchase of office supplies for the management of the Housing Authority properties pursuant to Section 3.30.160 (E) of the Palm Desert Municipal Code in an amount not to exceed $53,700 for Fiscal Year 2023/24. 2. Authorize the use of, and establish an account with, National Services Company dba Waxie Sanitary Supply for the purchase of janitorial and sanitary supplies for the Housing Authority properties pursuant to Section 3.30.160 (E) of the Palm Desert Municipal Code in an amount not to exceed $32,340 for Fiscal Year 2023/24. A. AWARD OF A MAINTENANCE SERVICES AGREEMENT TO JOHN HARRISON CONTRACTING, INC. IN AN AMOUNT NOT TO EXCEED $218,500 ANNUALLY FOR HEATING, VENTILATION, AND AIR CONDITIONING MECHANICAL SYSTEMS SERVICES AT THE HOUSING AUTHORITY RESIDENTIAL RENTAL PROPERTIES Management Analyst Celina Cabrera presented the staff report and responded to Commission inquiries. Following discussion, MOTION BY COMMISSIONER BULLER, SECOND BY COMMISSIONER BAUER, CARRIED 4-0, to recommend the Palm Desert Housing Authority award a Maintenance Services Agreement to John Harrison Contracting, Inc., in an amount not to exceed $218,500 annually for heating, ventilation, and air conditioning mechanical systems services at the Housing Authority residential rental properties. Housing Commission Minutes October 11, 2023 City of Palm Desert Page 3 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES B. AUTHORIZE AN INCREASE TO THE NOT TO EXCEED AMOUNT FOR HD SUPPLY FACILITIES MAINTENANCE, LTD., IN THE AMOUNT OF $10,000 FOR FISCAL YEAR 2023/24 Management Analyst Cabrera presented the staff report and responded to Commission inquiries. Following discussion, MOTION BY COMMISSIONER DOCKEN, SECOND BY COMMISSIONER MORRISON, CARRIED 5-0 to Recommend the Palm Desert Housing Authority authorize an increase of $10,000 to the not to exceed amount of HD Supply Facilities Maintenance in Fiscal Year 2022/23 for an aggregate amount of $220,000. C. APPROVE CHANGE ORDER NO. 1 TO CONTRACT HA45140 WITH JACOBSSON ENGINEERING CONSTRUCTION, INC., FOR THE FURNISHING AND INSTALLATION OF 10 CARPORTS AT ONE QUAIL PLACE IN THE AMOUNT OF $601,000 (PROJECT CHA00003) Management Analyst Cabrera presented the staff report and responded to Commission inquiries. Following discussion, MOTION BY VICE CHAIR SIDDIQ, SECOND BY COMMISSIONER DOCKEN, CARRIED 5-0 to recommend the Palm Desert Housing Authority: 1. Approve Change Order No. 1 to Contract HA45140 with Jacobsson Engineering Construction, Inc., for the furnishing and installation of 10 carports at One Quail Place in the amount of $601,000. 2. Authorize additional 10% contingency in the amount of $60,100 for unforeseen conditions. 3. Appropriate $661,100 to Account Number No. 8714195-4331100 from the Housing Authority’s Committed Reserve Funds. 4. Authorize the Executive Director or his designee to take any necessary actions to facilitate the agreement, to execute the Change Order and any documents necessary to effectuate the actions taken herewith. D. AWARD OF CONTRACT FOR AFFORDABLE HOUSING COMPLIANCE AND PROPERTY MANAGEMENT SERVICES TO FALKENBERG/GILLIAM AND ASSOCIATES, INC., FOR A FIVE-YEAR TERM, WITH AN INITIAL ANNUAL COST FOR CALENDAR YEAR 2024 IN AN AMOUNT NOT TO EXCEED $655,032 Housing Manager Gonzales presented the staff report and responded to Commission inquiries. Following discussion, MOTION BY COMMISSIONER DOCKEN, SECOND BY VICE CHAIR SIDDIQ, CARRIED 5-0 to recommend the Palm Desert Housing Authority: 1. Approve the award of contract for Affordable Housing Compliance and Property Management Services for the Authority-owned properties to FalkenBerg/Gilliam and Associates, Inc., for a five (5) year term, with an initial cost for calendar year 2024 in an amount not to exceed $655,032 with prescribed allowable increases for subsequent years as noted in the contract. Housing Commission Minutes October 11, 2023 City of Palm Desert Page 4 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES 2. Authorize staff to finalize a contract (also referred to as the “Agreement”) with Falkenberg Gilliam & Associates, Inc., consistent with the terms of the RFP with non- substantive modifications concurred upon by the Executive Director and legal counsel. 3. Authorize an appropriation in the amount of $13,368 from the Housing Authority’s Unobligated Fund Balance to the appropriate professional service accounts. 4. Authorize the Chairperson to execute the Agreement and the Executive Director to execute any documents necessary to facilitate the contract award and implementation. 6. INFORMATIONAL REPORTS & COMMENTS A. RPM MONTHLY REPORTS FOR JUNE 2023 RPM representative Teresa Valkili presented the following reports for the months of April and responded to Commissioner inquiries: 1. Occupancy Status Report 2. Occupancy & Average Rent Summary 3. Report #1 – Occupancy & Average Rent Statement 4. Report #2 – Net Operating Income Statement 5. Palm Desert Housing Authority Monthly Project Report B. RPM MONTHLY REPORTS FOR JULY 2023 RPM representative Teresa Valkili presented the following reports for the months of April and responded to Commissioner inquiries: 1. Occupancy Status Report 2. Occupancy & Average Rent Summary 3. Report #1 – Occupancy & Average Rent Statement 4. Report #2 – Net Operating Income Statement 5. Palm Desert Housing Authority Monthly Project Report C. RPM MONTHLY PROJECT REPORT FOR AUGUST 2023 RPM representative Teresa Valkili provided a verbal summary of the August project report included in the agenda materials. This item was informational only and no action was taken. D. RPM RENOVATION AND STORM REPAIR UPDATE RPM representative Teresa Valkili narrated a PowerPoint presentation, included in agenda materials, detailing the repairs of damages caused by Hurricane Hilary. This item was informational only and no action was taken. E. HOUSING COMMISSIONER REPORTS Chair Bauer reported a positive experience with the Civic Academy and encouraged Commissioners to attend concerts in the park and Farmer’s Market. F. CITY COUNCIL LIAISON City Council Liaison Mayor Kelly welcomed new Commissioners Docken and Moore and reported that the City Council is collaborating with Southern California Association of Governments (SCAG) to explore grant funding for the infrastructure necessary for future housing projects to include a full range of price points. Housing Commission Minutes October 11, 2023 City of Palm Desert Page 5 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES G. CITY STAFF 1. Housing Manager Gonzalez announced the City’s 50th Anniversary celebration scheduled for November 18, 2023, and provided an update on the Home Improvement Program. 2. Social Services Coordinator Austin provided an update on the City’s Homelessness Program and responded to Commissioner inquiries. This item was informational only and no action was taken. 3. Project Manager Ennis presented a PowerPoint presentation regarding Neighbors and Las Serenas and responded to Commissioner inquiries. This item was informational only and no action was taken. H. ATTENDANCE REPORT The attendance report was provided with the agenda materials. The Commission took no action on this matter. 7. ADJOURNMENT The Housing Commission adjourned at 4:42 p.m. Respectfully submitted, Monique Lomeli, Senior Deputy Clerk Recording Secretary ATTEST: Jessica Gonzales, Housing Manager Secretary APPROVED BY THE HOUSING COMMISSION: __/__/2023 [This page has intentionally been left blank.] PALM DESERT HOUSING COMMISSION MEETING Wednesday, December 13, 2023 The attached staff report is being provided as a Receive and File Item. This item was presented to the Housing Authority Board on November 16, 2023. RECOMMENDATION: Receive and file the Housing Authority’s approval modifications to Contract No. HA46390 for Affordable Housing Compliance and Property Management Services for the Authority -owned Properties with Falkenberg/Gilliam and Associates, Inc. Page 1 of 2 PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: November 16, 2023 PREPARED BY: Jessica Gonzales, Housing Manager REQUEST: APPROVE A MODIFIED CONTRACT FOR AFFORDABLE HOUSING COMPLIANCE AND PROPERTY MANAGEMENT SERVICES WITH FALKENBERG/GILLIAM AND ASSOCIATES, INC. RECOMMENDATION: Approve modifications to contract for Affordable Housing Compliance and Property Management Services for the Authority-owned Properties with Falkenberg/Gilliam and Associates, Inc. BACKGROUND/ANALYSIS: On October 12, 2023, the Authority Board approved the award of contract for Affordable Housing Compliance and Property Management Services for the Authority Owned Properties to Falkenberg/Gilliam and Associates, Inc. (“FGA”). Staff and FGA have been working through the terms of the final version of the contract. FGA has requested modifications to the terms of the insurance requirements of the contract to bring them in line with industry standards, as well as to accommodate the ageing of the facilities and their current state. After further discussion with FGA and consultation with City Attorney, City Manager and the City/Authority Joint Powers Insurance Authority (“JPIA”), the Authority agreed to the following changes: Agreement Section Original Term Requested Modification Agreed Upon Modification 24 FGA indemnifies City/Authority City/Authority adds FGA as additional insured on City/Authority policy. FGA now indemnified by City/Authority except for losses arising out of FGA’s sole negligence, gross negligence, or willful misconduct, or for claims covered by insurance required by section 25 and with caveat that FGA must provide minimum weekly reporting on exterior condition and bi-annual report on unit interiors. 25 (a) General Liability (GL) Required at $2M/$4M plus $5M umbrella No GL Requirement No GL Requirement (coverage instead provided by City/Authority) with caveat that FGA must provide minimum weekly report on exterior condition and bi- annual report on unit interiors. 25 (c) Professional Liability (Errors and Omissions) $1M No change Increased PL Requirement to $2M per claim. 25G (new) N/A N/A Add Employment Practices Liability at $1M/$2M to cover discrimination, wrongful termination, harassment and/or other employment-related claims. Palm Desert Housing Authority Approve Modified Contract with Falkenberg/Gilliam & Associates, Inc. Page 2 of 2 Adding indemnification by City/Authority in favor of FGA acknowledges the concerns of aging of the properties, that internal staff has been and will continue to be addressing to ensure all deferred maintenance is managed. It is also agreed that the Authority will include FGA as additionally insured on its liability coverage except for losses arising out of FGA’s sole negligence, gross negligence, or willful misconduct, to the extent that weekly reporting on exterior conditions and bi-annual unit interiors are provided; to ensure maintenance efforts are on target. This will negate the need for the extra General Liability coverage requested from FGA and is consistent with other local housing authority requirements. In return, FGA has agreed to double their errors and omission coverage from $1M to $2M per claim and add employment practices liability insurance in the amount of $2M to ensure the City is adequately indemnified against claims arising from FGA controllable practices. This negotiation and evolution of coverages is being recommended to the Authority as a reasonable middle ground and acknowledgment of risk by both parties. Additionally, to enable a smooth transition of property management responsibilities from RPM Company (“RPM”), the current property manager, to FGA, an addendum has been agreed to with FGA. Staff recommends approval of the modifications to the insurance requirements as listed and agreed to by all parties, including the addendum. Legal Review: This report has been reviewed by the City Attorney’s office. Appointed Body Recommendation: The November 15, 2023, Housing Commission meeting was canceled due to lack of quorum, therefore this item will be considered as a receive and file at its next regular meeting on December 13, 2023. FINANCIAL IMPACT: The cost to add FGA as additionally insured under the Authority’s liability policy is estimated at $171,000 per year. Upon execution of the final version of the agreement, staff will analyze all changes and determine if an appropriation is necessary from the Housing Authority fund balance. If one is necessary, staff will request one at midyear. There is no direct financial impact to the General Fund from this action. ATTACHMENTS: 1.Draft Management Services Agreement 2.Addendum to Management Services Agreement All other terms of the agreement remain in full effect unless negotiated and approved by the Executive Director, pursuant to October 12, 2023 action. DRAFT for DISCUSSION Page 1 of 39 AGREEMENT FOR PROPERTY MANAGEMENT SERVICES THIS AGREEMENT FOR PROPERTY MANAGEMENT SERVICES (this “Agreement”) is made and entered into as of ________________, 2023, by and between the PALM DESERT HOUSING AUTHORITY, a public body, corporate and politic having a principal place of business at 73-510 Fred Waring Drive, Palm Desert, California, (the "Authority") and Falkenberg/Gilliam and Associates, Inc., a California Corporation, having a principal place of business at 1560 W. Colorado Boulevard, Pasadena, CA 92270 (the "Manager"). The Authority and the Manager may be referred to herein individually as a "Party" and collectively as the "Parties." RECITALS A.The Authority is a public body, corporate and politic, designated to be the operator of those certain real properties described on Exhibit A attached hereto and incorporated herein by this reference (the "Properties"). B.The Manager is engaged in the business of managing, maintaining, repairing, operating and leasing apartment buildings, and has represented to the Authority that the Manager is experienced and competent in said business. C. The Authority and the Manager desire to enter into this Agreement. NOW, THEREFORE, in consideration of the foregoing premises and of the mutual and dependant covenants contained in this Agreement, the Parties agree as follows: 1.Effective Date. The effective date of this Agreement (the "Effective Date") shall be January 1, 2024. 2.Appointment. The Authority hereby appoints the Manager and the Manager accepts appointment as the manager of the Properties on the terms and conditions set forth in this Agreement. The Parties acknowledge and agree that this Agreement is only a Management Agreement between the Parties, that the Parties are not joint venturers or partners, and that the Manager shall not be deemed to be an employee of the Authority. The Manager shall at all times be an independent contractor. The Manager agrees and covenants that it is not entitled to and will not take any tax position that is inconsistent with being a service provider to the Authority with respect to the Properties. By way of example only, the Manager hereby agrees and covenants that it will not claim any depreciation or amortization deduction, investment tax credit, or deduction for any payment of rent with respect to the Properties or any portion thereof. 3.Professional Management Standards and the Administrative Plan. (a) The Manager agrees to exert its best efforts, to furnish the services DRAFT for DISCUSSION Page 2 of 39 of its organization, and to exercise the highest degree of professional competence in managing the Properties and to provide the Authority with the economic return consistent with proper management under the guidelines provided by Authority for affordable housing. (b) The Manager shall manage, maintain, repair, operate and lease the Properties consistent with other multi-unit apartment complexes or similar type properties in the surrounding vicinity with comparable facilities and amenities. (c) Notwithstanding the authority granted to the Manager by this Agreement, the Manager agrees to abide by those standards and instructions that Authority may issue from time to time in connection with the Administrative Plan (the “Administrative Plan”). In the event of any inconsistency between this Agreement and the Administrative Plan, this Agreement shall control. The Administrative Plan adopted by Resolution No. HA-100, a copy of which shall be on file with the City Clerk, and any amendments thereto, include the statements of policies of the Authority for the purpose of property operations. (d) The Manager hereby covenants and agrees to use the Manager's best efforts to actively manage, maintain, repair, operate and lease the Properties at their maximum potential, considering the Authority’s guidelines for affordable housing and the Administrative Plan. Manager will provide copies of any procedural manuals created for the purpose of implementing said Administrative Plan. (e) The Manager shall be responsive to all tenant requests and concerns in a timely manner and shall make its best efforts to satisfy tenant requests and concerns at on-site offices. The Manager shall make its best efforts to notify Authority of tenant requests and concerns which are likely to be expressed by a tenant directly to the Authority. The Manager shall establish policies in order to address tenant requests and concerns and resolution in the event of a dispute in accordance with the Administrative Plan. (f) Each of the Properties having sixteen (16) or more units shall have a member of the Manager’s management s taff that shall live on-site. The Authority shall not be responsible for furnishings, equipment, postage, utilities, telephone, or such other ancillary costs of the on-site staff. The specific apartment shall be approved by the Authority prior to occupancy by staff. All other Properties having less than sixteen (16) units shall have a caretaker that lives on-site. All Properties will have an emergency contact available seven days a week, 24 hours a day. 4.Periodic Requirements The Manager shall perform the following: (a) Not less than once each week: DRAFT for DISCUSSION Page 3 of 39 (i)A member of the Manager’s management staff will walk each property in its entirety to identify any items of concern that may or may not be visible from frequently traveled thoroughfare and prepare a detailed report of findings to be provided to Authority monthly. (ii) Inspect all mechanical and physical systems located on the Properties and provide a report to Authority of said inspections monthly. (b) Not less than once during every calendar month: (i) Analyze the occupancy level of the Properties. (ii) Analyze the financial condition of the Properties including, without limitation, cash flow, income, expenses, and per unit average cost. (iii) Provide Authority with a report regarding the status of maintenance and repair projects including those in process, upcoming, completed, and those that have not been completed or which are recommended and have not yet been implemented, and which are to be carried over to the next fiscal year. (c) Not less than once annually on or before February 1st: (i) Prepare and deliver to Authority a comprehensive financial budget plan (Plan), described in Section 18, including reserve accounts where applicable, for the Properties for the upcoming fiscal year operations July 1 to June 30. (ii) Examine the general condition of the Properties, prepare a list of needed repairs and maintenance, and deliver that list to Authority along with the estimated costs for review. Once reviewed by Authority, incorporate estimations into the Plan. Said list will include all items identified by the Manager and be prioritized by the Manager in order of necessity. (i.e. Critical, Health and Safety, Necessary, Preventative, etc.) (d) The Manager will notify Authority of work, supplies, services, maintenance, or repairs (emergency or otherwise) that were not included in the current operating budget but that may be necessary prior to the next operating budget year: (i) In December of each year, the Manager will provide Authority a report of necessary budget adjustments to be made for work that was pre-approved by the Authority and estimates of anticipated work that is necessary. (ii) In the event there are items that have not been included in the Plan or in Section 4(d)(i), above, then as necessary, the Manager will provide a report of those items by priority to the Authority. Authority staff will determine whether said requests should be forwarded as a special item to the Palm Desert Housing Commission (the “Authority Board”). DRAFT for DISCUSSION Page 4 of 39 (e) On the basis of the information gathered pursuant to Sections (a)-(d) of this Section 4, the Manager shall recommend in writing amendments and updates to the Administrative Plan at least once annually. The proposed amended Administrative Plan, together with any recommendations of the Manager for achieving maximu m economic return of the Properties in light of the affordable housing requirements of the Properties, shall be submitted to the Authority. The Manager will continually review the Administrative Plan for the purpose of keeping the Authority advised of necessary or desirable changes. (f) Crime-Free Multi Housing Program. Throughout the term of this Agreement, the Manager covenants and agrees to participate in and fully complete the City’s Crime-Free Multi Housing Program for the Properties. Evidence of compliance with this requirement shall be forwarded annually to the Authority within said twelve (12) month period. 5.Determination of Performance Criteria. The Parties have developed various performance criteria categories which will be used to evaluate the performance of the Manager. Such performance criteria categories are described on Exhibit G attached hereto and incorporated herein by reference. 6.Term. The Parties agree that the term ("Term") of this Agreement shall be for 60 months, commencing January 1, 2024 and ending December 31, 2028, and may be extended in accordance with the provisions of Section 28 below. Following the initial term of the contract, the Authority may opt to extend the contract for two (2) additional terms of three (3) years each term and expiring December 31, 2034. Contract extensions may be exercised contingent upon satisfactory performance and at the sole discretion of the Housing Authority, and in accordance with the provisions of Section 28 below. Notwithstanding the foregoing, Manager shall have the right to enter the Properties during the Transition Period, pursuant to the terms of that certain Management Transition Addendum to Agreement for Property Management Services (the “Addendum”), attached hereto and incorporated herein by reference. 7.On-Site Management Office. The Authority shall provide adequate space on the Properties for a management office in accordance with Exhibit C attached hereto and incorporated herein by this reference. The Manager shall prepare and submit designs and budget for pre-approval to furnish and/or refurbish the management offices. The Authority shall pay all approved expenses related to such office, including, but not limited to, furnishings, equipment, postage, office supplies, electricity, telephone, answering service, and security monitoring services, if any. The Authority shall retain ownership of all of the foregoing purchases. 8.Information on the Properties. The Manager acknowledges that it has been furnished with any available building plans and specifications as well as environmental reports, if available, for each of the Properties. The Manager also acknowledges that it has received copies of any available manufacturer's preventive maintenance schedules, guarantees and warranties pertinent to the fixtures, mechanical equipment, and appliances used in the operation of the Properties. The Manager shall maintain files for DRAFT for DISCUSSION Page 5 of 39 each of the Properties with current plans and specifications, environmental reports, manufacturer's preventive maintenance schedules, guarantees and warranties pertinent to any new installations, repairs, fixtures, appliances as well as any equipment, used in the operation of the Properties. 9.Familiarity With Equipment. The Manager has become thoroughly familiar with the character, location, construction, layout, plan and operation of the Properties, and especially of the electrical, heating, plumbing, air conditioning and ventilation systems, and all other mechanical equipment, and the Manager shall maintain such familiarity. 10.Leasing. The Manager will act as the Authority's exclusive agent in leasing the dwelling units (each, a “Unit”, and collectively, the "Units") in the Properties. The following provisions will apply: (a) The Manager shall use all reasonable efforts to keep the Properties leased by procuring tenants for the Properties and negotiating and executing on behalf of the Authority all leases for the Units. The Manager is authorized to enter into and execute initial leases with tenants for a minimum term of six (6) months and a maximum term of 12 months without the further written approval of the Authority. The Authority shall provide the Manager with income and rent guidelines for each of the Properties annually or as frequently as Department of Housing and Community Development (“HCD”) issues adjustments to the Riverside County Median Income levels. Such guidelines shall include a provision for utility allowances, if applicable, as set by the Riverside County Housing Authority which are in effect at the time the rents are established. Any lease for a shorter or longer period shall require the prior written consent of the Authority. The Manager shall also submit to the Authority copies of all notices terminating any tenant leases and all notices to vacate served on any tenant prior to the expiration of the lease term or after the expiration of the lease term if tenancy has converted to month-to-month, together with an explanation for the applicable notice. The Manager shall provide Authority with the equipment detail of each Unit annually for the purpose of determining the proper utility allowances by March 1st of each year. (b) The Manager shall lease all the Units in accordance with the terms of this Agreement, in compliance with all applicable federal, state, and local laws, in accordance with the Administrative Plan and any further direction from the Authority. (c) The Manager will be responsible for screening and selection of existing and prospective tenants in accordance with affordable housing guidelines and applicable federal, State and local laws. The Manager will follow the tenant selection policy described in the Administrative Plan and will show the Properties to all prospective tenants who qualify under the Authority’s affordable guidelines based on the waiting list policy and Unit availability. (d) The Manager will prepare and verify eligibility certifications and recertifications in accordance with the guidelines established by the Authority. Rents will DRAFT for DISCUSSION Page 6 of 39 be adjusted pursuant to the Rent Setting Policy of the Authority adopted by Resolution HA-62, a copy of which shall be on file with the City Clerk, and any amendments thereto. (e) The Manager shall not decline to lease any Unit on the Properties to a prospective tenant, or otherwise discriminate, on the basis of race, color, national origin, ancestry, sex, gender, gender identity, gender expression, religion, physical or mental disability, genetic information, marital status, familial status, sexual orientation, or any other classification then protected by law. (f) Prior to executing any lease with a tenant, the Manager shall obtain the written consent of the prospective tenant to perform a complete background check, and shall perform same, including: (1) investigate the financial ability and history of the prospective tenant to pay rent, (2) perform necessary credit checks, (3) obtain references from employers and prior landlords, (4) verify the income of tenants as specified in the Administrative Plan, (5) verify all matters that are required to be checked by federal and/or state law, in accordance with the type of affordable funding involved, and (6) verify those matters that may and should be checked to ensure and promote the safety and welfare of all tenants of the Properties, the Manager’s staff and the public. A non -exclusive list of the required and permissive verifications, consent language and sampling of reputable online resources are set forth in Exhibit K, as may be modified by changes in applicable law. The Manager shall comply at all times with applicable federal, state and local law in all aspects of the tenant screening and application process. 11.Security Deposits. The Manager will collect, deposit, and disburse security deposits in accordance with the terms of each tenant's lease. The amount of each security deposit will be as specified in the Administrative Plan or applicable law. The collection and disbursement of security deposits will also be governed by the then applicable state and local laws. All tenant security deposits will be placed in one or more trust accounts separate from all other accounts and funds of the Manager and/or the Authority. The security account or accounts will be established at a bank as specified by the Authority whose deposits are insured by an agency of the United States government. The security deposit account or accounts will be carried in the Authority's name and designated on record as “PDHA Security Deposit Account” and in addition, the Director of Finance of the City of Palm Desert (the "Director of Finance"), his/her designees, and up to four designated representatives of the Manager shall be included as signatories to the security deposit account or accounts. The balance of the security deposit account or accounts shall not be used to pay general operating expenses without the written consent of the Authority. Notwithstanding the foregoing, security deposits received must be documented and accounted for at all times and the Manager must comply with any applicable state and local laws concerning interest payments on security deposits. The number and structure of security deposit accounts is set forth in Exhibit D attached hereto and incorporated herein by this reference. 12.Collection of Rents and Other Receipts. The Manager will collect when due all rents, charges and other amounts receivable on the Authority's account in connection with the management, maintenance, repair, operation, and leasing of the Properties. Such receipts (except for tenants’ security deposits, which will be handled as specified in DRAFT for DISCUSSION Page 7 of 39 Section 11 above) will be deposited in an account or accounts (the “General Operating Account”), separate from all other accounts and funds, of the Manager, at the bank as specified by the Authority whose deposits are insured by an agency of the United States Government. This account or accounts will be carried in the Authority's name and designated on record as “PDHA General Operating Account" and in addition, the Financial Operations Manager, the Director of Finance, his/her designees, and up to four designated representatives of the Manager shall be included as signatories to this account, or accounts. The number and structure of operating accounts is set forth in Exhibit D attached hereto and incorporated herein by this reference. 13.Enforcement of Leases. The Manager will ensure full compliance by each tenant with the terms of that tenant's lease. Involuntary termination of tenancies shall comply with all applicable laws and regulations. The Manager is designated as the Authority’s agent with the right to enter and take possession of the Units, in accordance with applicable law, and shall lawfully terminate any tenancy when, in the Manager's reasonable judgment, sufficient cause (including, but not limited to, nonpayment of rent) for such termination occurs under the terms of the tenant's lease. For this purpose, the Manager is authorized to consult with legal counsel qualified to bring unlawful detainer actions and to execute notices to vacate and judicial pleadings incident to such actions. The Manager shall keep the Authority informed of such actions and follow such direction as the Authority may provide for the conduct of any such action. Attorney’s fees and costs incurred in connection with unlawful detainer actions will be paid out of the General Operating Account as an expense of the Properties. Notwithstanding the foregoing, the Manager is at all times ultimately responsible for the enforcement of leases. Payment by the Authority of legal fees and costs incurred in connection with unlawful detainer actions does not create an attorney-client relationship between the Authority and the Manager’s unlawful detainer legal counsel. 14.Maintenance and Repair. The Manager will maintain the Properties in good, clean, safe and sanitary condition in accordance with the Administrative Plan and local codes and in a condition acceptable to the Authority at all times. This will include, but not be limited to, cleaning, painting, plumbing, grounds care, and such other maintenance and repair works as may be necessary, subject to any limitations imposed by the Authority in addition to those contained herein. The Manager will ensure all vendors maintain the required licensing, insurance, permits, and approvals for any work performed in accordance with this Agreement, as well as all local, state, and federal codes and regulations. The Manager will maintain an on-site property entry log for all vendors. Incident thereto, the following provisions will apply: (a) The Manager will complete preventative maintenance activities in the most cost effective and efficient manner as possible, while maintaining the quality of the Properties. (b) The Manager will contract in compliance with Section 21 hereof with qualified independent contractors for the maintenance and repair of roofs, air-conditioning DRAFT for DISCUSSION Page 8 of 39 and heating systems, and for extraordinary repairs beyond the capability of regular maintenance employees. (c) The Manager is aware of the requirements of California Labor Code Section 1720 et seq., 1770 et seq., and California Code of Regulations, Title 8, Section 16000 et seq. (“Prevailing Wage Laws”) which require the payment of prevailing wage rates and the performance of other requirements on “public works” and “maintenance” projects. The projects performed under this contract may be subject to compliance monitoring and enforcement by the Department of Industrial Relations. If the services are being performed as part of an applicable “public works” or “maintenance” project, as defined by the Prevailing Wage Laws, and if the total compensation is $1,000 or more, the Manager agrees to fully comply with such Prevailing Wage Laws, including but not limited to requirements related to public works contractor registration and maintenance and submittal of certified payroll records. The Authority shall provide the Manager with a copy of the prevailing rates of per diem wages in effect at the commencement of this Agreement. The Manager shall make copies of the prevailing rates of per diem wages for each craft, classification or type of worker needed to execute the services and shall post copies of the Manager’s principal place of business and at the project site. The Manager shall defend, indemnify, and hold the Authority, its elected official officers, employees, and agents free and harmless from any claim or liability arising of any failure or alleged failure to comply with the Prevailing Wage Laws. (d) The Manager will systematically receive and investigate all service requests from tenants, take such action thereon as may be warranted and will keep records of the same. Service requests will be addressed within four working days; provided, however, emergency requests will be received and serviced on a 24-hour basis. The Manager shall promptly investigate and respond to serious complaints as appropriate, and shall comply with all applicable federal and state laws in connection with same, including but not limited to the requirements of the Fair Employment and Housing Act and other applicable fair housing laws, and shall promptly report such complaints and the Manager’s response thereto to the Authority. The Manager shall advise tenants to report to law enforcement all complaints involving actual or threatened criminal activity. The Manager shall provide the Authority with a monthly summary of all serious complaints received by the Manager. This summary shall include a brief description of each complaint and the Manager’s response thereto. (e) The Manager is authorized to purchase while complying with the provisions of Section 21, on behalf of the Authority, all materials, equipment, tools, appliances, supplies and services necessary for proper maintenance and repair. The Authority shall retain ownership of all said materials, equipment, tools, appliances and supplies. (f) Notwithstanding any of the foregoing provisions, the prior written approval of the Authority will be required for any maintenance or repair project in which the overall cost is expected to exceed $15,000 for labor, materials, and/or otherwise in connection with the maintenance and repair of the Properties. This limitation does not apply to recurring expenses within the limits of the operating budget or to emergency DRAFT for DISCUSSION Page 9 of 39 repairs involving manifest danger to persons or property, or that are required to avoid suspension of any necessary service to the Properties. In the latter event, the Manager will inform the Authority in writing of the facts as promptly as possible. For purposes herein, “recurring expenses” shall include utilities, pest control, laundry services, pool services, courtesy patrol, regulatory permits, and vermin extermination. (g) The Manager shall enter into all service contracts (such as pool maintenance/repair, laundry, vermin extermination and landscape maintenance) in accordance with Section 21 and maintain all required permits and approvals on equipment, pools, facilities, etc. for each of the Properties. (h) The Manager shall not undertake any work of construction or any work which would modify or change the exterior of any building or grounds. 15.Utilities and Services. The Manager will make arrangements for water, electricity, gas, sewage and trash disposal, telephone and cable service for the Properties. The Manager will enter into such contracts as may be necessary to secure such utilities, acting as Manager for the Authority. 16.Employees. (a) All personnel of the Manager involved with the management, maintenance, repair, operation or leasing of the Properties will be employees of the Manager and will be hired, paid, directed, supervised, and discharged by the Manager. The Manager will provide sufficient resources (staff and/or services) in order to fulfill its obligations to the Authority under the terms of this Agreement. All costs associated with hiring and discharging of such employees will be borne by the Manager. The Manager warrants that it has established employment policies in accordance with employment laws and said policies include a drug free workplace or similar substance abuse policy, a zero- tolerance violence in the workplace policy and all other policies mandated by state and Federal law. The Manager warrants that all of its employees meet all qualifications, licensing and code requirements, applicable to completing assigned tasks. The Manager warrants that training will be provided to employees as may be required by local, state or federal law and will be conducted by an individual or entities qualified to provide such training. It is understood that, subject to sub-Sections (b) and (c), below, all direct costs associated with employees working "on-site" and specifically identified on Exhibit F will be borne by the Authority to include their direct salary (but not bonuses), Social Security taxes, employment taxes, medical insurance, Pension Plan, Worker's Compensation, uniforms, Housing allowance and other benefits (if applicable). The Authority shall have the right to interview and approve the hiring of any prospective site managers or regional (non-site specific) staff included in Exhibit “F”. Only the cost of those positions set forth on Exhibit F shall be paid by the Authority. Positions may be added, deleted or modified from Exhibit F based on property need with approval of the Manager and the Executive Director of the Authority. Notwithstanding the foregoing, all personnel of the Manager are exclusively the employees of the Manager, and not of the Authority. DRAFT for DISCUSSION Page 10 of 39 (b) The Manager shall have full and exclusive responsibility and liability for payment of all federal, state and local payroll taxes and for contributions for unemployment insurance, Social Security (FICA) and other benefits imposed or assessed under any provision of law or by regulation, and which are measured by salaries, wages, or other remuneration paid or payable by the Manager to its employees engaged in any work in connection with this Agreement or indicated herein, for the payment of which the Authority will reimburse the Manager, subject to the written approval of the Finance Director. The Manager shall have full and exclusive responsibility and liability for the withholding and payment of any income taxes required to be withheld from the wages or salaries of said employees under any provision of law or regulation. The Manager agrees to save and hold the Authority harmless from all claims for penalties, interest, or costs which may be assessed under any law or any rules or regulations thereunder with respect to its failure or inability to perform the aforesaid responsibilities. (c) Upon ten days demand from the Authority, the Manager shall cause any employee of the Manager to be removed from the Properties, at the Manager's sole cost and expense. (d) The Manager shall be solely responsible for the methods and means of managing its personnel to achieve the desired results. Authority’s authority over and involvement in the Manager’s employment matters shall be limited consistent with the Manager’s status as sole employer of its employees. 17.Disbursements from General Operating Account. (a) From the funds collected and deposited by the Manager in the General Operating Account pursuant to Section 12 above, the Manager will make or request the following disbursements promptly when payable: (i) The Manager shall request from the Director of Finance of the Authority reimbursement to the Manager for the actual compensation payable to employees specified in “Exhibit F”, together with the actual cost of the medical insurance, dental insurance, life insurance, Workers Compensation insurance, and taxes and assessments payable to local, state and federal governments actually paid by Manager in connection with the employment of such employees, as determined by the Manager and approved by the Director of Finance of the Authority, or his/her designees. The Manager shall be required to provide the Director of Finance of the Authority, or his/her designee, with financial statements or other documentation, as may be reasonably requested by the Director of Finance of the Authority, or his/her designee, substantiating the requested reimbursement. (ii) Notwithstanding the provisions of sub-Section (a)(i), above, the Manager shall make disbursements of all sums otherwise due and payable by the Authority as expenses of the Properties authorized to be incurred by the Manager under the terms of this Agreement, including compensation payable to the Manager, pursuant to Section 27 below, for its services hereunder. DRAFT for DISCUSSION Page 11 of 39 (iii) All checks between $2,500 and $4,999 shall require at least two signatures. All checks over $5,000 shall require at least two signatures, one of which must be the signature of an authorized representative of the Authority. a.Check requests for second signature must be accompanied by adequate documentation to ensure that vendor limits are not exceeded. (iv) All wire transfers will be initiated by the Director of Finance of the Authority or his/her designee. (b) Except for the disbursements mentioned in Section 12 above, funds will be disbursed or transferred from the General Operating Account only as the Authority may from time to time direct in writing. The Manager reimbursement checks in excess of $500 shall require signatures of both the authorized signatory of the Manager and the Finance Director of the Authority or his/her designee. (c) In the event the balance in the General Operating Account is at any time insufficient to pay disbursements due and payable under Section 17(a) above, the Manager will inform the Authority prior to disbursing funds of that fact and the Authority’s Director of Finance will then remit to the Manager sufficient funds to cover the delinquency. In no event will the Manager be required to use its own funds to pay such disbursements that are directly related to the operation of the Properties. (d) The Authority will pay for or reimburse to the Manager only those expenses that are expressly authorized by this Agreement to be borne by the Authority. Any expenses incurred by the Manager as a result of any legal judgment or administrative ruling against the Manager or its officers, employees or agents, or any monetary settlement in lieu of same to resolve any dispute, or the costs incurred by the Manager in connection therewith, including attorneys' fees for advice to or defense of the Manager, shall be the sole responsibility of the Manager. In the event any Authority monies have been disbursed for this purpose, the Manager shall immediately reimburse the Authority. The Authority may, in its sole discretion, elect to pay or reimburse the Manager for all or a portion of such expenses and/or costs if the Authority deems that to be in the best interests of the Authority or the community which it serves or to promote the public health, safety and/or welfare, and only upon written agreement between the Authority and the Manager, signed by each of the Parties. 18. Budgets. The Manager will prepare and submit annual operating budgets for the Properties in forms satisfactory to the Director of Finance, which budgets shall include but not be limited to the following: Current Year Final Budget Adopted; Current Year Expected Actual; Upcoming Year Budget Request; Detailed Descriptions for an y marginal deviations from Current Year; Detailed Descriptions for any Capital Expenditures for each Property; including Reserve Accounts where applicable. and Exhibit F described above. Except as permitted under Section 14(e) above, annual disbursements for operating expenses will not exceed the amount authorized by the approved budget without the prior written consent of the Authority. The Manager shall prepare a recommended operating budget for each fiscal year during the term of this Agreement, and shall submit to the Authority by March 1st of each year for the following DRAFT for DISCUSSION Page 12 of 39 fiscal year (July 1 to June 30). Additionally, the Manager shall prepare and submit to the Authority a budget for each fiscal year thereafter covering the period from July 1 through the next following June 30. Each year of the term the Authority will promptly inform the Manager of any changes incorporated in the approved budget, and the Manager will keep the Authority informed of any material anticipated deviation from the receipts or disbursements stated in the approved budget. The Manager may, upon the written request and after receipt of written approval of the Authority, make disbursements exceeding the budgeted allowances within the budgeted categories for the Properties. 19.Records and Reports. In addition to any requirements specified in the Administrative Plan or other provisions of this Agreement, the Manager will have the following responsibilities with respect to accounts and reports: (a) The Manager will establish and maintain, on a modified accrual basis, a comprehensive system of records, books and accounts in a manner satisfactory to the Authority. All records, books and accounts will be subject to examination at reasonable hours by any authorized representative of the Authority. The Manager shall maintain the books and records in good condition and order and shall preserve the books and records for such time-period as the Authority would be legally required to preserve and maintain the books and records. (b) The Manager will be subject to a quarterly review and an annual audit conducted by a firm of the Authority's choice. The Manager agrees to make available all applicable records to the Authority's auditors for annual review. The report will be prepared in accordance with generally accepted auditing standards. The audit report submitted by the audit firm will also be subject to a single audit at the Authority's discretion. The preparer’s services will be an expense of the Authority. (c)The Manager will furnish information as may be requested by the Authority from time to time with respect to the financial, physical or operational condition of the Properties, including, without limitation: (i) calculation and billing rent and other tenant charges; (ii) maintaining accounts receivable and delinquency records; (iii) maintaining rent rolls; (iv) processing and paying operating and capital invoices; (v) recording activity and comparing such activity to budgeted amounts; (vi) reconciling all expenditures; (vii) remitting excess funds to the Authority and requesting needed funds from the Authority; (viii) processing payroll for personnel employed in the discharge of this Agreement and in compliance with taxing authorities and other reporting requirements associated with payroll; and (ix) reports detailed in Exhibit I. (d) By the 20th day of each month, the Manager will furnish the Authority with an itemized list of all delinquent accounts, including general operating accounts, as of the tenth day of the same month. (e)The Manager shall submit to the Authority’s Finance Director those reports set forth in Exhibit H on the periodic basis set forth in Exhibit H. Reports designated as “monthly” on Exhibit H shall be submitted by the 20th day of each month; reports designated as “quarterly” shall be submitted by the 20th day of every third month, DRAFT for DISCUSSION Page 13 of 39 and reports designated as “annual” shall be submitted at the end of the fiscal year or the end of the calendar year as set forth on Exhibit H. In explanation but not limitation of the foregoing, the monthly reports to be submitted include: a statement of receipts and disbursements during the previous month; a schedule of accounts receivable and payable; reconciled bank statements for all accounts maintained by the Manager on behalf of the Authority reflecting disbursements and deposit amounts as of the end of the previous month; a copy of general ledger account transactions and monthly aggregate utility consumption by utility; and such other matters relative to the management, operation, and maintenance of the Properties including actual income and expense balances compared to budgeted or expected results as required by the Finance Director of Authority. Additional reports may be requested throughout the year as the Authority deems necessary. (f) On the 20th day of each month, the Manager will submit to the Authority the reports listed on Exhibit I attached hereto and incorporated herein by reference, to assist the Authority in determining compliance with that certain Stipulation for Entry of Judgment in case number Indio 51124 as consolidated with case numbers Indio 51143 and 51159 which has been provided to the Manager. (g) Confidentiality. All books, records, operating statements, leases, and other material or information relevant to the operation or financial nature of the Properties shall be maintained in the strictest confidence and shall not be available to any employee or salesperson of any affiliate of Manager, nor to any other party without the prior written consent of the Authority or under compulsion of law (e.g., subpoena). 20.Fidelity Bond. The Manager will place the Properties on a master fidelity bond, which provides blanket coverage equal to two months gross rent potential. The bond will provide coverage for all principals and agents of the Manager and all persons who participate directly or indirectly in the management of the Properties and their assets, accounts and records. The premiums for such a bond will be paid and borne by the Manager. Specifically, coverage for the Manager, including all applicable persons in the Manager's employ, will be paid by the Manager, and coverage for the Authority’s personnel, if applicable, will be paid by the Authority. Said fidelity bond shall be issued by a company which is reasonably acceptable to the Authority, and the Manager shall deliver to the Authority a copy of said fidelity bond upon execution by the Authority of this Agreement. 21.Bids, Discounts, Rebates or Commissions. The Authority and the Manager agree to adhere to the City of Palm Desert’s purchasing policy procedures set for the in Ordinance No. 1392 of the City of Palm Desert, and any amendments thereto, when obtaining contract materials, supplies and services for the Properties and to secure and credit to the Properties all discounts, rebates and commissions obtainable with respect to purchases, service contracts and all other transactions on behalf of the Properties. The Manager agrees that no goods and services shall be purchased from individuals, related companies and companies having a financial or pecuniary interest (a "conflict-of-interest") with the Manager. All vendor accounts shall be opened in the Authority's name, upon prior written approval of the Authority. DRAFT for DISCUSSION Page 14 of 39 The Manager will develop detailed scopes of work, materials, supplies, equipment and contractual services for any work or repair the cost of which may exceed $15,000 for a single Unit or project. The Manager shall comply with the procedures set forth in Ordinance No. 1392 of the City of Palm Desert, and any amendments thereto, in connection with the purchase of any materials, supplies, equipment and contractual services to be paid for by the Authority under this Agreement. Copies of all required bids and documentation of all other written or verbal cost comparisons made by the Manager shall be made part of the records of the Properties and shall be retained for three years from the date the work was completed or as required by the City of Palm Desert’s Retention Policy. This documentation shall be subject to inspection by the Authority, or its designee and the Manager agrees to submit such documentation upon request. Further, the Manager shall annually submit a report to the Authority describing the outcome of all bidding procedures, which report shall include the names of all bidders and the amount of their bids and shall indicate to which bidder the contract was awarded. The Manager agrees to make available to the Authority, when requested, all records of the Manager, which relate to the provision of goods or services to the Authority whenever funds from the Properties have been used to pay for such goods and/or services (other than management services). 22. Resident Services Program. The Manager will be responsible for carrying out any resident retention or social services program described in the Administrative Plan and any other program or service that may become available that are in the best interest of the residents or community to promote public health, public safety or tenant welfare. 23. Resident - Management Relations. The Manager will establish quarterly meetings with tenants at Properties containing 150 or more units to encourage and promote communication and tenants’ initiatives. 24. Defense, Indemnity and Hold Harmless Agreement. Except for losses arising out of Manager’s sole negligence, gross negligence, or willful misconduct, or covered by insurance required by section 25, the Manager and Authority agree that the Manager , and their respective officials, officers, employees, and agents including the Manager (collectively “Indemnitees”) should, to the extent permitted by law, be fully protected against any loss, injury, damage, complaint, claim, lawsuit, cost, expens e, attorneys fees, litigation costs, defense costs, court costs or any other cost arising out of or in any way related to the Manager’s performance of this Agreement. Accordingly, the provisions of this defense, indemnity and hold harmless provision are intended by the Parties to be interpreted and construed to provide the fullest protection possible under the law to the Indemnitees. The Manager shall be named as an additional insured under Authority’s comprehensive liability policy covering the Properties. All obligations under this provision shall be paid by the Authority as they are incurred by the Manager. The Authority shall defend the Manager, and bear the expense thereof, with lawyers approved by the Manager, such approval which shall not be unreasonably withheld. DRAFT for DISCUSSION Page 15 of 39 25. Professional Services Insurance Requirements. (a) The Manager shall not commence work under this Agreement until it has provided evidence satisfactory to the Authority that it has secured all insurance required under this Section. In addition, the Manager shall not allow any subcontractor to commence work on any subcontract until it has provided evidence satisfactory to the Authority that the subcontractor has secured all insurance required under this section. (b) Automobile Liability Insurance. The Manager shall maintain automobile liability insurance at least as broad as Insurance Services Office form CA 00 01 covering bodily injury and property damage for all activities of the Manager arising out of or in connection with Work to be performed under this Agreement, including $1,000,000 combined single limit for each accident including coverage for any owned, hired, non - owned or rented vehicles. (c) Professional Liability (Errors & Omissions). The Manager shall maintain professional liability insurance that covers the Services to be performed in connection with this Agreement, in the minimum amount of $2,000,000 per claim and policy shall not exclude discrimination, fair housing, American with Disabilities act, and sexual molestation violations. Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and the Manager agrees to maintain continuous coverage through a period no less than three years after completion of the services required by this Agreement. Covered professional services shall specifically include all work to be performed under the Agreement and delete any exclusions that may potentially affect the work to be performed (for example, any exclusions relating to lead, asbestos, pollution, testing, underground storage tanks, laboratory analysis, soil work, etc.). If coverage is written on a claims-made basis, the retroactive date shall precede the effective date of the initial Agreement and continuous coverage will be maintained or an extended reporting period will be exercised for a period of at least three (3) years from termination or expiration of this Agreement. (d) Workers’ Compensation/Employers' Liability Insurance. The Manager shall procure and maintain Workers' Compensation insurance complying with California workers’ compensation laws, including statutory limits for workers’ compensation and an Employer’s liability limit of $1,000,000 per accident or disease. Unless otherwise agreed, this policy shall be endorsed to waive any right of subrogation as respects the Authority, the Successor Agency to the Palm Desert Redevelopment Agency, the City of Palm Desert, and their respective officials, officers, employees, volunteers, and agents. (e) Fidelity Coverage. Consultant shall provide evidence of fidelity coverage on a blanket fidelity bond or other acceptable form. Limits shall be no less than $1,000,000 per occurrence. DRAFT for DISCUSSION Page 16 of 39 (f) Cyber Liability Insurance. Consultant shall procure and maintain Cyber Liability insurance with limits of $1,000,000 per occurrence/loss, which shall include the following coverage: i. Liability arising from the theft, dissemination and/or use of confidential or personally identifiable information; including credit monitoring and regulatory fines arising from such theft, dissemination, or use of the confidential information. ii. Network security liability arising from the unauthorized use of, access to, or tampering with computer systems. iii. Liability arising from the failure of technology products (software) required under the contract for consultant to properly perform the services intended. iv. Electronic Media Liability arising from personal injury, plagiarism or misappropriation of ideas, domain name infringement or improper deep -linking or framing, and infringement or violation of intellectual property rights. v. Liability arising from the failure to render professional services. (g) Employment Practices Liability. The Manager shall maintain employment practices liability insurance in the minimum amount of $1,000,0 00 per occurrence/$2,000,000 general aggregate. (h) Evidence of Insurance. The Manager shall provide evidence of the insurance required herein, satisfactory to the Authority, consisting of certificate(s) of insurance evidencing all of the coverages required by this Agreement, and an additional insured endorsement to the Manager's Commercial General Liability, and to the Manager’s umbrella liability policies, using ISO form CG 20 10. In addition, the Manager agrees to provide complete copies of all policies of insurance to the Authority annually or upon request. The Certificate(s) shall reflect that the insurer will provide 30 -days notice of any cancellation or modification of coverage to the Additional Insureds, per the terms of the policy. The Manager agrees to require its insurer to modify the certificates to delete any exculpatory wording stating that failure of the insurer to mail written notice of cancellation imposes no obligation, and to delete the word "endeavor" with regard t o any notice provisions. All insurance coverage and limits provided pursuant to this Agreement shall apply to the full extent of the policies involved, available or applicable. Nothing contained in this Agreement or any other agreement relating to the Au thority or its operations shall limit the application of such insurance coverage. The endorsements are to be signed by a person authorized by that insurer to bind coverage on its behalf and are to be provided on standard ISO forms noted above. All endorsements are to be received and approved by the Risk Manager prior to the commencement of work. (h) No Limitation on other Insurance. Requirements of specific coverage features or limits contained in this Section 25 are not intended as a limitation on coverage, limits or other requirements, or a waiver of any coverage normally provided by any insurance. Specific reference to a given coverage feature is for purposes of clarification only and is not intended by any Party to be all inclusive, or to the exclusion o f other coverage, or a waiver of any type. DRAFT for DISCUSSION Page 17 of 39 (i) Subrogation. All general or auto liability insurance coverage provided pursuant to this Agreement, or any other agreements pertaining to the performance of this Agreement, shall not prohibit the Manager, its empl oyees, or agents, from waiving the right of subrogation prior to a loss. The Manager hereby waives all rights of subrogation against the Authority, the Successor Agency to the Palm Desert Redevelopment Agency, and the City of Palm Desert. (j) Authority's Right to Purchase Replacement Insurance. In the event any policy of insurance required under this Agreement does not comply with these requirements or is canceled and not replaced, the Authority has the right but not the duty to obtain the insurance it deems necessary and any premium paid by the Authority will be promptly reimbursed by the Manager. (k) Proof of Insurance. The Manager shall provide proof that policies of insurance required herein expiring during the term of this Agreement have been renewed or replaced with other policies providing at least the same coverage. Such proof will be furnished not more than 72 hours after the expiration of the coverage(s). Any actual or alleged failure on the part of the Authority or any other of the Additional Insureds under these requirements to request or obtain proof of insurance required under this Agreement in no way waives any right or remedy of the Authority or any other of the Additional Insureds, in this or any other regard. (l) Subcontractor Proof of Insurance. (i) Subcontractors Performing Recurring Work or Work in Excess of $2500. The Manager shall require all subcontractors or other parties which provide (i) recurring services to the Properties, or (ii) services in excess of $2,500 in a six month Period (a "Major Subcontractor") to the Properties to provide the same minimum insurance coverage required of the Manager and Workers Compensation insurance to conform with the requirements of this section. The Manager agrees to monitor and review all such coverage and assumes all responsibility for ensuring that such coverage is provided in conformity with the requirements of this section. The Manager agrees that upon request, all agreements with Major Subcontractor, or others with whom the Manager contracts with on behalf of the Authority, will be submitted to the Authority for review. For purposes of this Section a contractor or party hired for the work shall be deemed to be performing "recurring work" in the event that contractor or party hired performs in excess of a single segregated or discrete project in any six-month period. The Manager agrees to obtain certificates evidencing such coverage and to make reasonable efforts to ensure that such coverage is provided as required herein. Failure of the Authority to request copies of such agreements will not impose any liability on or constitute waiver by the Authority of its rights hereunder. The Manager agrees to require that no contract used by any Major Subcontractor, or contracts the Manager enters into on behalf of the Authority, will reserve the right to charge back to the Authority the cost of insurance required by this Agreement. (ii) Subcontractors Performing Nonrecurring Work or Work Less Than or Equal to $2500. The Manager shall require all subcontractors or other parties DRAFT for DISCUSSION Page 18 of 39 which provide (i) nonrecurring services to the Properties, and (ii) services in an amount not to exceed $2,500 in a six-month Period (a "Nonrecurring Subcontractor") to provide Commercial General Liability insurance in the amounts set forth below and Workers Compensation insurance to conform with the requirements of this section. For purposes of Section 25, a contractor or party hired for the work shall be deemed to be providing "nonrecurring work," so long as that contractor or party hired for the work does not perform more than a single segregated or discrete project in a six-month period. In the event a Nonrecurring Subcontractor performs more than a single discrete project in a six-month period or work exceeding $2,500 in value, that Nonrecurring Subcontractor shall lose its status as a “Nonrecurring Subcontractor” and shall be automatically deemed a “Major Subcontractor”. The liability limits for Nonrecurring Subcontractors shall provide no less than $500,000 per occurrence for all coverages and $500,000 in the general aggregate. The Manager agrees to verify such coverage and make reasonable efforts to ensure that such coverage is provided as required herein. The Manager agrees to require that no contract used by any Nonrecurring Subcontractor, or contracts the Manager enters into on behalf of the Authority, will reserve the right to charge back to the Authority the cost of insurance required by this Agreement. The Manager agrees that upo n request, all agreements with Nonrecurring Subcontractors, or others with whom the Manager contracts on behalf of the Authority, will be submitted to the Authority for review. Failure of the Authority to request copies of such agreements will not impose any liability on the Authority nor constitute a waiver of the rights of the Authority hereunder. 26. Compliance With Governmental Orders. The Manager will take such action as may be necessary to comply promptly with any and all governmental orders or other requirements affecting the Properties, whether imposed by federal, state, county or municipal authority. Notwithstanding the foregoing, the Manager shall take no such action so long as the Authority is contesting, or has affirmed its intention to contest, any such order or requirement. The Manager will notify the Authority in writing of all notices of such orders or other requirements as soon as possible from the time of their receipt. 27. Manager's Compensation. The Manager will be compensated for its services under this Agreement by monthly management fees. Such fees will be payable on the first day of each month, in arrears, for the services provided in the prior month for the term of this Agreement. For the purpose of this Section, the ter m ‘occupied units’ shall include those Units which are currently leased, on notice to vacate, or temporarily vacant due to a move out. The Management Fee (“Fee”) shall be calculated monthly according to the following schedule: (a) In the case of occupied units, each such monthly fee shall be in the amount of $49.00 per Unit per month commencing on January 1, 2024, and an increase of 3% commencing on January 1, 2026, and biannually every January 1st thereafter for the remainder of the Term of this Agreement including contract extensions, if any); except as follows: (i) For Units where a Notice of Termination of Tenancy (“Notice”) was provided by the tenant as required (30 calendar day notice) and a Unit remains vacant for 30 calendar days or more, the Ma nager will not be entitled to the monthly fee, DRAFT for DISCUSSION Page 19 of 39 except in those circumstances where the vacancy is the result of the Authority’s leasing process for affordable Units. (ii) For Units where no Notice was given, the tenant chose to ‘quit’ or the tenant skipped, and a Unit remains vacant for 45 calendar days or more, the Manager will not be entitled to the monthly fee. (a) In the case of unoccupied Units (except those Units described in Section 27(c-e) below), each such monthly fee shall be as follows: (i) $49.00 per Unit per month for the first four months for Units that have been determined, in the Authority’s sole and absolute discretion, to be ‘unrentable’ or ‘down’ due to physical condition or damage. Unless otherwise determined by the Authority, the Manager is expected to repair said Units within the four months. If the Manager fails to repair units within the given time, no fee will be paid until the unit is available for occupancy. (ii) No Fee will be paid for Units that are unrentable or down due to action or inaction by the Manager. (b) In the case of Units that are newly constructed or newly renovated which will be added to Exhibit A, the Fee shall be $10 per Unit per month commencing at such time as the construction/renovation has reached 90% completion as determined by the contractor’s billing until Certificate of Occupancy, in the case of new Units, or Certificate of Completion, in the case of renovated Units, is issued. (c) In the case of Units which were ‘down’, as described in Section 27(b)(i) and direction has been given to the Manager by the Authority not to repair said Units, commencing with the fifth month, the Fee shall be reduced to $20 per Unit per month until the Manager is no longer responsible for said Units. (d) Except as otherwise expressly provided in this Agreement, all employees not identified in Exhibit F and other overhead expenses of the Manager (including but not limited to costs of office supplies and equipment, postage, transportation, travel expenses for managerial pe rsonnel and telephone services) will be borne by the Manager. All services for management, accounting, and reporting, with exception of the Authority's requested annual audit, shall be borne by the Manager. In addition to the Management Fee, the site e mployees for the Properties shall be paid based on the Employee Salaries listed on Exhibit F attached hereto and incorporated herein by this reference. 28. Termination. (a) Authority Termination for Convenience. Authority may terminate this Agreement for convenience (a “Termination for Convenience”) by giving not less than 180 days written notice of termination. The notice of termination shall specify that the DRAFT for DISCUSSION Page 20 of 39 termination is for the convenience of the Authority. Upon a Termination for Convenience, the Authority shall continue to pay the Manager for all work performed up to the date of the Termination for Convenience. The Manager shall be compensated only for those services that have been satisfactorily rendered to the Authority until the date of the Termination for Convenience, and the Manager shall be entitled to no further compensation. Authority shall not be liable for any post-termination costs, lost profits, or other alleged damages resulting from a Termination for Convenience. (b) Termination For Cause: Either Party may terminate this Agreement with cause (a “Termination for Cause”) by giving written notice to the other Party not less than 90 days prior to the date of Termination for Cause. Any such written notice for cause shall specify the default or cause for termination. If the default or cause for termination specified has not been cured within 21 days of receipt of the notice, this Agreement shall terminate on the date of termination set forth in the notice. Upon termination, the Manager shall be compensated only for those services that have been satisfactorily rendered to the Authority until the date of the Termination for Cause, and the Manager shall be entitled to no further compensation. (c) Termination at End of Term/Extension: At least ninety (90) days prior to the automatic termination of this Agreement (the “Negotiation Period”), and unless either Party has given timely notice under this Section prior thereto, the Parties shall initiate negotiations for a new agreement for Property Management Services and use best efforts and engage in good faith negotiations to finalize such agreement and obtain final approval thereof prior to the automatic termination of this Agreement. In the event such good faith efforts are not completed before the expiration of the Term, or in the event either Party gives notice to the other during the Negotiation Period of its decision not to enter into a further term, this Agreement may be extended for not more than ninety (90) days after the giving of such notice or December 31, 2028, whichever is later, upon the written authorization of the Executive Director of the Authority. Good faith negotiations may include an extension of this Agreement up to an additional forty-eight (48) months provided that any such extension shall require the authorization of the Authority Board and shall be in writing, as an Amendment to this Agreement, signed by both Parties. Nothing herein shall prevent the Housing Authority Board from electing to issue a Request for Proposal for Property Management Services in lieu of negotiating with Manager. (d) Bankruptcy. In the event that a petition in bankruptcy is filed by either of the Parties, or in the event that either Party makes an assignment for the benefit of creditors to take advantage of any insolvency act, this Agreement shall automatically terminate. (e) Sale of Properties. This Agreement shall automatically terminate, upon the sale of the Properties, or as to any Property, on the sale of such Property, except that, this provision shall not apply in the event of a sale, transfer, or re-conveyance by and between the former Palm Desert Redevelopment Agency, the Authority, the Successor Agency to the Palm Desert Redevelopment Agency, the City of Palm Desert, and/or any related or successor agency or entity. DRAFT for DISCUSSION Page 21 of 39 (f) Addition of Properties. In the event the Authority adds a property to its operations portfolio, the Manager and Authority’s designee may agree in wr iting to amend Exhibit A for the inclusion of said property. Such amendment shall be subject to the terms and conditions herein from the effective date of the amendment. (g) Exchange of Documents. Upon termination of this Agreement, the Manager will submit to the Authority any financial statements requested by the Authority and, after the Parties have accounted to each other with respect to all matters outstanding as of the date of termination, the Authority will furnish the Manager security in form and principal amount satisfactory to the Manager against any obligations or liabilities which the Manager may properly have incurred on behalf of the Authority hereunder. All of the cash trust accounts, investments, equipment and records for the Properties will be turned over to the Authority within 30 days of the date this Agreement is terminated. The Parties hereby covenant and agree that the Authority shall own the books and records for the Properties and that the Manager shall hold the books and records for the Properties for the benefit of the Authority for an agreed upon period at the time of termination. 29.Manager's Indemnification. Subject to the Manager's indemnification obligations hereunder as set forth in Section 24, the Parties understand and agree: (a) That the Authority has assumed and will maintain its responsibility and obligation through the Term of this Agreement for the finances and the financial marketability of the Properties; and (b) That the Manager shall have no obligation, responsibility or liability to fund authorized costs, expenses, or accounts other than those funds generated by the Properties themselves or provided to the Properties or to the Manager by the Authority. In accordance with the foregoing, the Authority agrees that the Manager shall have the right at all times to withdraw payment of its compensation, as provided for under Section 27 of this Agreement, from the General Operating account or accounts, immediately when such compensation is due and without regard to other property obligations or expenses conditioned on the Manager having satisfactorily discharged all duties and responsibilities under this Agreement. Moreover, the Authority hereby indemnifies the Manager and agrees to hold it harmless with respect to costs, expenses, accounts, liabilities and obligations of the Properties during the Term of this Agreement and further agrees to guarantee to the Manager the payment of its compensation under Section 27 of this Agreement during the Term of this Agreement to the extent that the Operating and Maintenance Account for the Properties are insufficiently funded for this purpose. Failure of the Authority at any time to abide by and to fulfill the foregoing shall be a breach of this Agreement entitling the Manager to obtain from the Authority, upon demand, full payment of all compensation owed to the Manager through the date of such breach. 30.Prohibition Against Assignment and Subcontracting Management Services. The Manager shall not assign this Agreement or subcontract any management or other services, without the express prior written consent of the Authority. DRAFT for DISCUSSION Page 22 of 39 31.Notices. Except as otherwise provided by law, any and all notices or other communications required or permitted by this Agreement or by law to be served on or given to either Party to this Agreement by the other Party shall be given in writing. All such notices or other communications shall be deemed duly served and given when personally delivered to the Party to whom they are so directed, or in lieu of personal service when deposited in the United States mail, first-class postage prepaid, addressed to the respective Party as set forth below: To the Authority: Palm Desert Housing Authority 73-510 Fred Waring Drive Palm Desert, CA 92260 Attention: Housing Manager To the Manager: ________________________ ________________________ ________________________ Either Party may change its address for the purpose of this Section 31 by giving written notice of the change to the other Party in the manner provided in this Section. 32.General Provisions. (a) Binding on Successors and Assigns. At all times, this Agreement will inure to the benefit of and constitute a binding obligation upon the Parties and their respective successors and assigns. (b) Entire Agreement and Allowable Changes. This Agreement (including the Addendum) constitutes the entire Agreement between the Authority and the Manager with respect to the management and operation of the Properties, and all prior agreements between the Authority and the Manager regarding the subject matter of this Agreement (including the Addendum) are hereby superseded and replaced. Changes hereto must be made by supplemental written agreement signed by the Parties. Exhibits hereto may be amended as necessary by the written agreement of the Parties. (c) Attorneys' Fees. If any litigation is commenced between the Parties concerning the Properties, this Agreement, or the rights and duties of either Party with respect to this Agreement, the Party prevailing in the litigation shall be entitled, in addition to any other relief that may be granted in the litigation, to reasonable attorneys' fees and costs. DRAFT for DISCUSSION Page 23 of 39 (d) Ambiguities. Each Party and their counsel have participated fully in the drafting of this Agreement. Any rule of construction to the effect that ambiguities are to be resolved against the drafting Party shall not apply in interpreting this Agreement. (e) Severability of Agreement. If a court or an arbitrator of competent jurisdiction holds any provision of this Agreement to be illegal, unenforceable or invalid in whole or in part for any reason, the validity and enforceability of the remaining provisions, or portions of them will not be affected. (f) Approval by Authority. Whenever a provision of this Agreement requires the delivery of documents or reports, notifications, determinations, reimbursements or requests for funding, review, authorization or approval of the Authority, such approval may be given by the Executive Director of the Authority or his/her designee, unless Authority Board action is specified in this Agreement. (g) Word Usage. Unless the context clearly requires otherwise, (a) the plural and singular shall each be deemed to include the other; (b) the masculine, feminine, and neuter genders shall each be deemed to include the others; (c) "shall," "will," or "agrees" are mandatory, and "may" is permissive; (d) "or" is not exclusive; and (e) "includes" and "including" are not limiting. DRAFT for DISCUSSION Page 24 of 39 IN WITNESS THEREOF, the Parties have executed this Agreement on the date first above written. AUTHORITY: PALM DESERT HOUSING AUTHORITY, a public body, corporate and politic By: _____________________________ Chairman ATTEST: ______________________________, Secretary APPROVED AS TO FORM: __________________________________ Special Counsel MANAGER: By: _________________________ Title: By: __________________________ Title: DRAFT for DISCUSSION Page 25 of 39 EXHIBIT A (PROPERTIES) PALM DESERT HOUSING AUTHORITY AFFORDABLE HOUSING UNITS DRAFT for DISCUSSION Page 26 of 39 EXHIBIT B [intentionally omitted] EXHIBIT C MANAGEMENT OFFICES Location of Management Offices One Quail Place (located in management office) Las Serenas (located in management office) Catalina Gardens (located in management office) Desert Pointe (located in management office) California Villas (located in management office) Laguna Palms (located in management office) Carlos Ortega Villas (located in management office) Locations Managed One Quail Place Las Serenas and La Rocca Villas Catalina Gardens, The Pueblos, Candlewood Apartments, and Sagecrest Senior Desert Pointe, Taos Palms and Neighbors Apartments California Villas Carlos Ortega Villas Laguna Palms and Palm Village Apartments EXHIBIT D DEPOSIT ACCOUNTS The following security deposit accounts shall be maintained by the Manager for the benefit of the Authority: TO BE PROVIDED BY THE CITY’S FINANCE DEPARTEMNT. The following operating deposit accounts shall be maintained by the Manager for the benefit of the Authority: TO BE PROVIDED BY THE CITY’S FINANCE DEPARTEMNT. EXHIBIT E NON-COLLUSIVE AFFIDAVIT FORM AFFIDAVIT State of California ) )ss. County of Riverside ) ___________________________, being first duly sworn, deposes and says: That he is ___________________________, the party making the foregoing proposal or bid, that such proposal or bid is genuine and not collusive or sham; that said bidder has not colluded, conspired, connived or agreed, directly or indirectly, sought by agreement or collusion, or communication or conference, with any person, to fix the bid price or affiant, or of any other bidder or to fix any overhead profit or cost element of said bid price, or that of any other bidder or to secure any advantage against the _________________________________________ or any person interested in the proposed contract, and that all statements in said proposal or bid are true. Signature of Person Making Affidavit: ____________________________________ Subscribed and sworn to me this _______ day of __________________, 20___ My commission expires __________________, 20___ Notary Public Signature:_______________________ Official Seal: EXHIBIT F PROPERTY STAFFING & SALARY RANGES To be provided annually with the property budgets. EXHIBIT G PERFORMANCE CRITERIA 1. PROPERTY PORTFOLIO NET OPERATING INCOME COMPARISON a. Current Budget Year: July - June b. Budgeted vs. Actual = Variance c. Vacancy Rate Analysis 2. RESPONSE TO RESIDENT COMPLAINTS a. Response to service requests/turn around time b. Response to resident complaints and concerns - monthly meetings c. Response to resident complaints and concerns at site office 3. COMPLIANCE WITH AGREEMENT a. Define any notable gross disparities from the Agreement on the following: i. Report preparation and submittal promptness ii. Responsiveness to Authority requests iii. Method of accounting 4. CAPITAL IMPROVEMENTS SCHEDULE a. Deferred Capital Improvement Schedule b. Capital Improvement Program c. Maintenance and general appearance of properties 5. OPERATIONS a. Operational procedures to be audited: i. Compliance with Stipulation ii. Compliance with all laws including those related to property management, Fair Housing, and housing authorities iii. Recertification iv. Internal controls v. Contract controls 6. ACCOUNTING AUDIT a. Review of Annual Audit Findings b. Quarterly Audits 7. AFFORDABLE HOUSING PROGRAM a. Housing Authority goals b. Management Company goals c. Program implementation d. Compliance with local, state, and Federal regulations e. Tenant Household Income Analysis 8. RESIDENT RELATIONS a. Review summary responses of any resident surveys b. Establishment of Tenant Exit Survey 9. GENERAL a. General overview of previous operational year EXHIBIT H LIST OF FINANCIAL REPORTS REQUIRED Monthly Reports 1. Payroll register and invoices (may be submitted after every payroll or monthly). 2. Management Fee Report that includes Vacancies/Current Rental Activity submitted with invoice. 3. Disbursement/Expense Journals for each check run. 4. General Ledgers for all Properties. 5. Check Registers for all Properties. 6. Monthly Bank Reconciliations with Outstanding Check Registers. 7. Balance Sheets and/or Trial Balances for all Properties. 8. Rent Rolls for all Properties. 9. Delinquent A/R for all Properties. 10. Prepaid Listing for all Properties. 11. Income Statements with Monthly Budget Variance as well as Annual Variance. 12. Monthly Adjusting Journals. 13. Cash Receipts Journals. Quarterly Reports 1. Security Deposit List for all Properties (If not included in the monthly rent roll) 2. Status Report on Items over 90 days (Requests to the Board for write offs, etc.) Annual Reports Required At Fiscal Year End: 1. Schedule of Accounts Payable 2. Schedule of Accounts Receivable 3. Inventory of all Agency and Authority personal property and readily removable fixtures attached to the Properties. 4. Preliminary sets of Monthly closing reports, when requested. 5. Once audited, Final Set of all June Closing Reports 6. Schedule of Security Deposits Matching the Cash Held 7. The Report described in Section 21 At Calendar Year End: 1. Copies of the transmittals for Federal Reporting Requirements for W -2's and 1099's Analytical Reports: 1. Upon request of the Authority, reports analyzing various information required in the above Financial Reports (May include summaries of all properties and/or multi-year information). EXHIBIT I Leasing Reports: 1. Monthly Occupancy and Average Rent Statement 2. Monthly Net Operating Income Statement 3. Replacement Lists maintained continuously due at least once annually on June 30. 4. Resident Demographics Report 5. Service Request and Serious Complaints 6. Other reports as requested or as necessary to perform the requirements of the Agreement. EXHIBIT J On-going services requiring written cost estimates will adhere to the City of Palm Desert’s purchasing policy procedures set for the in Ordinance No. 1392 of the City of Palm Desert, and any amendments thereto as required in Section 21 of the Managemen t Agreement as well as for services listed below: 1. Landscape Contracts a. Monthly Services b. Annual Services including tree trimming, overseeding, and perennial flowers 2. Pest Control 3. Pool Services 4. Replacement Carpet and Vinyl 5. Laundry Services 7. Air Conditioning/Heating Unit Servicing, Cleaning, and Replacement Services 8. Carpet Cleaning 9. Flooring and Housekeeping Cleaning Services 10. Environmental Testing and Cleaning Services 11. Moving Company Services 12. Golf Cart Repair and Maintenance Services 13. Courtesy Patrol Services 14. Towing Services 15. Solar Maintenance Services 16. Elevator Maintenance Services EXHIBIT K NON-EXCLUSIVE LIST OF REQUIRED AND PERMISSIVE BACKGROUND CHECK INFORMATION BY TYPE OF FUNDING Source of Information Information Federal Funds Involved Federal Funds Not Involved Investigation Disclosure & Consent Investigation Disclosure & Consent Law Enforcement Agencies Illegal Drug Use Required Housing Authority must require & applicant must consent May obtain Must notify applicant, if basis for denial Drug use that Interferes with Health & Safety of Others Required Housing Authority must require & applicant must consent May obtain Must notify applicant, if basis for denial Sex Offenses Required Housing Authority must require & applicant must consent May obtain Must notify applicant, if basis for denial “Serious” crimes  Murder, mayhem, rape, burglary  Hate crimes  Offenses such as firearms, explosives  Felonies involving drugs, alcohol  Domestic Violence Required Housing Authority must require & applicant must consent May obtain Must notify applicant, if basis for denial Juvenile Records Prohibited N/A Prohibited N/A Arrests Not Resulting in Conviction Prohibited N/A Prohibited N/A State / Federal Government Social Security Numbers Required Housing Authority must require & applicant must consent May obtain Application must indicate disclosure is voluntary Citizenship / Residency Required Housing Authority must require & applicant must consent Prohibited N/A. But if Housing Authority has unsolicited evidence that applicant is undocumented, it must reject the application. Income / Family composition & tax info, to verify eligibility Required Housing Authority must require & applicant must consent Required Housing Authority must require & applicant must consent. Credit Agencies Investigative Consumer Report Credit History Character Reputation Personal Characteristics Mode of Living May Obtain Housing Authority must notify applicant May Obtain Housing Authority must notify applicant Convictions Civil Actions Tax Liens Outstanding Judgements May Obtain but only if credit agency has verified information with 30 days of disclosure Housing Authority must notify applicant May Obtain but only if credit agency has verified information with 30 days of disclosure Housing Authority must notify applicant Bankruptcies more than 10 years prior Civil judgement more than 7 years old Prohibited N/A Prohibited N/A Public Records Obtained from Other Sources; Interviews with Neighbors, Friends & Associates Relevant background information Creditworthiness Credit Standing Credit Capacity Civil Actions Convictions Tax Liens Outstanding Judgements Character May Obtain Must notify applicant, if basis for denial. Consent recommended. May Obtain Must notify applicant, if basis for denial. Consent recommended.  General Reputation  Personal Characteristics  Mode of Living In addition to credit reporting agencies, background check information may be obtained from Westlaw, Lexis, DataQuick, Merlin, Choice Point, and similar reputable resources. SAMPLE CONSENT BY APPLICANT “I understand that the Housing Authority or its agent will perform a background check as a part of determining eligibility, including but not limited to obtaining information concerning my employment, credit history, benefits, income, assets, and criminal history, and by my signature below, I hereby aut horize the Housing Authority or its agent to do so.”“I certify that the statements on this application are true and complete to the best of my knowledge and belief and I understand that they will be verified. I understand that any false statements made on this application or failure to make any required disclosures may cause me to be disqualified from initial or continuing eligibility for housing assistance and may result in eviction. I further understand that I am under a continuing obligation to inform the Housing Authority or its agent of any changes to any of the information provided in this Application, and that failure to promptly inform the Housing Authority or its agent of any changes may cause me to be disqualified from initial or continuing eligi bility for housing assistance and may result in eviction.” MANAGEMENT TRANSITION ADDENDUM TO AGREEMENT FOR PROPERTY MANAGEMENT SERVICES THIS ADDENDUM TO AGREEMENT FOR PROPERTY MANAGEMENT SERVICES (this “Addendum”), dated as of __________, 2023, is attached to and made part of the foregoing Agreement for Property Management Services (the “Agreement”) entered into as of even date herewith by and between the PALM DESERT HOUSING AUTHORITY, a public body, corporate and politic (the “Authority” or “PDHA”), and Falkenberg/Gilliam and Associates, Inc., a California corporation (the “Manager” or “FGA”), and supplements the Agreement as follows: 1. To enable a smooth transition of property management responsibilities from RPM Company (“RPM”), the current property manager, to FGA, the Parties hereby enter into this Addendum to allow FGA to complete the following tasks prior to the Effective Date of the Agreement (i.e., January 1, 2024), during the period beginning November 16, 2023, and ending December 31, 2023 (collectively, the “Transition Period”): a. Personnel Evaluation: Meet and evaluate all the current office and maintenance staff for the Properties; gather all necessary information regarding existing issues at the Properties requiring the attention of FGA; conduct background checks of RPM staff who will be seeking employment with FGA at the Properties, in accordance with state and federal law; and, at the discretion of FGA and with the approval of PDHA pursuant to Section 16(a) of the Agreement, hire any RPM employees currently working at the Properties to serve as FGA employees. Cross Training: Conduct thorough training of all current RPM employees who will be hired as FGA employees on all applicable FGA policies and procedures, including without limitation on b. The use of software tools and work order tablets. c. Assistant Regional Supervisor: Allow the FGA Regional Supervisor, along with the FGA Assistant Regional Supervisor, who shall oversee FGA operations at the Properties, to walk all Properties, and meet with all PDHA staff members working onsite at the Properties. d. Meetings: Participate in weekly property management meetings with PDHA and RPM, and monthly City of Palm Desert Housing Commission meetings. e. Deep Knowledge: Familiarize the FGA Regional Supervisor and FGA Assistant Regional Supervisor on all current and upcoming projects and maintenance items for each Property, and all resident -related issues (including, without limitation, legal suits brought by tenants or former tenants) that are in process. f. Staff Onboarding: Onboard all staff members through FGA human resource programs, including, without limitation, with respect to payroll, benefits, health and dental insurance programs. g. PDHA Systems: Set up PDHA management and operations systems, including without limitation with respect to accounting, finance, occupancy, resident relations, maintenance, computer systems, and tablet training for all maintenance staff. 2. As compensation for FGA’s work during the Transition Period, the Authority shall, in total, pay FGA a one-time sum of Fifty-Three Thousand Four Hundred Ten and No/100 Dollars ($53,410.00) on or before January 20, 2024. 3. If FGA or any of its agents, employees, consultants, contractors or subcontractors enter the Properties during the Transition Period, then such entry shall be subject to all of FGA’s obligations regarding indemnity and insurance under the Agreement. Anything herein to the contrary notwithstanding, neither FGA nor any of its approved contractors shall be permitted to access the Properties, or any part thereof, during the Transition Period unless and until FGA has provided to PDHA the necessary insurance certificate(s) evidencing that FGA has procured and is maintaining the insurance policies and coverages required to be maintained by FGA pursuant to the terms of this Addendum. [Signature Page to Follow] THIS ADDENDUM was entered the ____ day of _____________2023. Authority: PALM DESERT HOUSING AUTHORITY, a public body, corporate and politic By: _____________________________, Chairman ATTEST: _______________________________, City Clerk APPROVED AS TO FORM: _______________________________ Special Counsel Manager: FALKENBERG/GILLIAM AND ASSOCIATES, INC., a California corporation By: _________________________________ Title: By: _________________________________ Title: PALM DESERT HOUSING COMMISSION MEETING Wednesday, December 13, 2023 The attached staff report is being provided for review and recommendation to the Housing Authority Board meeting of December 14, 2023. RECOMMENDATION: Recommend that the Housing Authority Board adopt a resolution authorizing the destruction of obsolete records from the Housing Division pursuant to the Housing Authority’s adopted Retention Program. Page 1 of 1 PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: December 14, 2023 PREPARED BY: Celina Cabrera, Management Analyst REQUEST: RESOLUTION TO AUTHORIZE THE DESTRUCTION OF OBOSOLETE RECORDS OF THE HOUSING AUTHORITY RECOMMENDATION: Adopt a resolution authorizing the destruction of obsolete records of the Housing Authority pursuant to the Housing Authority’s adopted Retention Program. BACKGROUND/ANALYSIS: The Authority adopted on July 13, 2023, by Resolution No. HA -117, the City of Palm Desert’s (“City”) records retention program, which was adopted by the City on December 15, 2022, by Resolution No. 2022-98 (the “Retention Program”). The Retention Program established retention periods for all records and provides for the systematic destruction of obsolete records. The Retention Program permits the destruction of Authority records with the written consent of the Authority Attorney and approval by the Authority Board. In accordance with the Retention Program, attached is Exhibit “A” the Records Destruction Certificate, which lists the records submitted for destruction. The Certificate will be reviewed and signed by the Authority Attorney as well as the Secretary prior to the destruction of all records. Legal Review: This report has been reviewed by the Authority’s Attorney and City Attorney’s office. Appointed Body Recommendation: The Housing Commission will review this recommendation at its regular meeting on December 13, 2023. Upon request, a verbal report will be provided at the Authority’s regular meeting on December 14, 2023 FINANCIAL IMPACT: Destroying obsolete records reduces the costs associated with offsite document storage and records management. ATTACHMENTS: 1.Housing Authority Resolution 2.Exhibit “A”- Records Destruction Certificate RESOLUTION NO. HA - ____ A RESOLUTION OF THE PALM DESERT HOUSING AUTHORITY SETTING FORTH ITS FINDINGS AND AUTHORIZING THE DESTRUCTION OF RECORDS OF THE PALM DESERT HOUSING AUTHORITY FROM 1988-2021 (AS IDENTIFIED ON EXHIBIT “A”), AS INDICATED ON THE RECORDS RETENTION SCHEDULE (ADOPTED BY THE PALM DESERT HOUSING AUTHORITY ON JULY 13, 2023) WHEREAS, the Palm Desert Housing Authority in the City of Palm Desert, California has records that have met or exceeded the applicable retention period for the official files, records, exhibits, and other documents of said office pursuant to the Retention Schedule set forth on City Council Resolution 2022-98 (as adopted by the Palm Desert Housing Authority pursuant to Resolution No. HA 117); and WHEREAS, said files are not the subject of any claim, litigation, investigation, or audit and are no longer required by the Palm Desert Housing Authority. NOW, THEREFORE, BE IT RESOLVED by the Housing Authority Board as follows: Section 1. That the above recitations are true and correct and constitute the findings of the Housing Authority Board in this matter. Section 2. That it does hereby approve the destruction of all documents and records from files as set forth in Exhibit “A,” attached hereto, which have met or exceeded their retention period. Section 3. That the documents mentioned on Exhibit “A” from the Palm Desert Housing Authority Records from 1988 to 2021 have exceeded their retention period and are no longer required. These paper records will be destroyed and are not electronically captured. ADOPTED ON _________, 2023. ____________________________ KATHLEEN KELLY CHAIRMAN ATTEST: ________________________________ ANTHONY J. MEJIA SECRETARY RESOLUTION NO. HA 2023- 2 I, Anthony J. Mejia, Secretary of the Palm Desert Housing Authority, hereby certify that Resolution No. HA-___ is a full, true, and correct copy, and was duly adopted at a regular meeting of the Authority Board on ______, 2023, by the following vote: AYES: NOES: ABSENT: ABSTAIN: RECUSED: IN WITNESS WHEROF, I have hereunto set my hand and affixed the official seal of the Palm Desert Housing Authority, in the City of Palm Desert, California, on __________________, 2023. ________________________________ ANTHONY J. MEJIA SECRETARY EXHIBIT A PALM DESERT HOUSING AUTHORITY AUTHORITY TO DESTROY OBSOLETE RECORDS Dept. Retention No. Description of Record Years Cover ed Retention Period Shred or Discard City Clerk CC-015 Unsuccessful Proposals for Property Management RFP issued in 1997 1997 2 Years Shred City Clerk CC-015 Unsuccessful Proposals for Property Management RFP issued in 2016 2016 2 Years Shred City Wide CW-025 Routine Correspondence with RPM 1998- 2012 2 Years Shred City Wide CW-025 Country Village Tax Bill Correspondence with Riverside County 2001- 2002 2 Years Shred City Wide CW-025 Working / Admin File for R13771 1999 2 Years Shred City Wide CW-025 Hovely Gardens Working File for DDA 2001 2 Years Shred City Wide CW-025 Admin File re: Flag Display at Property 2002 2 Years Shred City Wide CW-025 Memo re: Property Vandalism 2004 2 Years Shred City Wide CW-025 Working File for Housing Project Status Update Report 2005- 2009 2 Years Shred City Wide CW-025 Working File RDA Annual Report (Housing Element) 2005 2 Years Shred Public Works PW-005 Laguna Palms Admin file re: Utility Underground (R24710) Completed 8/30/06 2005- 2006 Completion + 10 Years Shred City Wide CW-025 Palm Village Admin File: PDRA vs Taylor 2008 2 Years Shred City Wide CW-025 Catalina / Pueblos Community Room Admin File Claim: Diversified Commercial Settlement vs PDRA 2008 2 Years Shred City Wide CW-025 Country Village Correspondence re: termination of cable service 2008 2 Years Shred City Wide CW-025 Admin File re: Capital Replacement Study 2009 2 Years Shred City Wide CW-025 Admin File re: Senior Property Age Restrictions 2012 2 Years Shred City Wide CW-025 Admin File re: Smoking Policy 2014 2 Years Shred City Wide CW-025 Admin File for Rental Rate Policy HA-62 2014 2 Years Shred City Wide CW-028 Drafts and Correspondence re: Fair Housing Plan 2017 No Longer Needed Shred City Wide CW-047 Country Village Estates Property Appraisal 1994 5 Years Shred City Wide CW-047 Updated Property Appraisal for Country Club Estates 2001 5 Years Shred City Wide CW-049 Property Brochures 2007- 2008 2 Years Shred City Wide CW-049 January - December Newsletters of the Properties 2011- 2012 2 Years Shred City Wide CW-053 Property Management (RPM) Policy Manual 1998 10 Years Shred City Wide CW-053 Riverside County Housing Authority Subsidy Analysis 1995 10 Years Shred City Wide CW-054 Property Management (RPM) Payroll Procedures 2004 10 Years Shred City Wide CW-025 Working fie for Housing Project Status Update Report 2005- 2009 10 Years Shred City Wide CW-053 Property Management (RPM) Procedure Manual 2008 10 Years Shred City Wide CW-053 Country Village Relocation Plan 2008 10 Years Shred City Wide CW-057 Survey Re: RPM Performance 2006- 2008 2 Years Shred Finance FN-015 Vendor Invoices and Backup 1998- 2018 5 Years Shred Finance FN-016 Accounts Receivable 2010- 2014 5 Years Shred Finance FN-017 Bank Receipts, Bank Statements, Trustee Statements, NSF 2001- 2014 5 Years Shred Finance FN-021 Cash Receipts, Daily Cash Summaries, Cashier Reports, Treasurer Receipt 2005- 2012 5 Years Shred Finance FN-022 Warrant Register 2010- 2013 10 Years Shred Finance FN-023 Checks / Warrants (Cashed/Deposited) for AP and AR 2008- 2013 5 Years Shred I consent to the destruction of these obsolete records according to accepted policies and procedures. Secretary Date City Attorney Date Approved by Authority Board: Original: City Clerk’s Office Copy: Housing Division Housing HS-022 Canceled Prospective Tenant Applications 1998- 2020 3 years after application withdrawn or cancelled or applicant determined ineligible and expiration of appeal period and conclusion of appeal, if filed Shred Housing HS-027 Rates- Rent Setting 1998- 2019 4 Years Shred Housing HS-029 Service Requests (by Tenant) 1998- 2021 2 Years Shred Housing HS-030 Tenant/ Participant Files - Clients 1988- 2018 5 years after termination of lease or subsidy, whichever is later and expiration of appeal period and conclusion of appeal, if filed Shred Housing HS-032 Prospective Tenant Wait List 2007- 2010 2 Years Shred [This page has intentionally been left blank.] MONTHLY OCCUPANCY STATUS REPORT REPORTING MONTH: Aug-23 REPORT DATE: 9/1/2023 TERESA VAKILI "MULTI-FAMILY PROPERTIES"Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 California Villas a.Total Units in Complex 141 141 141 141 141 141 141 141 141 141 141 141 141 b.Vacant Units 8 7 5 2 3 4 2 1 3 4 5 4 3 c.Occupied Units 133 134 136 139 138 137 139 140 138 137 136 137 138 d.Pending Leases 5 5 6 5 6 5 2 3 3 4 5 3 3 e.Ending Occupied & Pre-leased 138 139 142 144 144 142 141 143 141 141 141 140 141 f.Down Units 1 1 0 0 0 0 0 0 0 1 1 1 1 g.Number of Wait List Contactees 52 30 40 50 40 50 40 40 40 30 25 200 130 h.Re-Cert Pkts Sent Out During Month 8 10 11 6 12 9 3 9 5 8 12 5 13 i.Number of Traffic Qualified 10 12 15 10 15 25 20 18 20 15 25 10 15 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Desert Pointe a.Total Units in Complex 64 64 64 64 64 64 64 64 64 64 64 64 64 b.Vacant Units 1 2 2 1 1 1 2 2 3 4 4 5 3 c.Occupied Units 63 62 62 63 63 63 62 62 61 60 60 59 61 d.Pending Leases 0 0 1 0 0 0 0 2 1 1 3 2 1 e.Ending Occupied & Pre-leased 63 62 63 63 63 63 62 64 62 61 63 61 62 f.Down Units 1 1 1 1 1 1 1 1 1 1 1 1 1 g.Number of Wait List Contactees 0 15 10 0 0 0 16 15 68 46 64 72 70 h.Re-Cert Pkts Sent Out During Month 4 2 7 3 3 6 4 6 2 4 6 2 9 i.Number of Traffic Qualified 16 10 9 7 13 9 15 30 15 21 17 9 44 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Laguna Palms a.Total Units in Complex 48 48 48 48 48 48 48 48 48 48 48 48 48 b.Vacant Units 3 6 5 6 5 1 1 2 2 2 2 2 3 c.Occupied Units 45 42 43 42 43 47 47 46 46 46 46 46 45 d.Pending Leases 1 3 5 6 4 1 1 0 1 1 2 2 2 e.Ending Occupied & Pre-leased 46 45 48 48 47 48 48 46 47 47 48 48 47 f.Down Units 1 1 0 1 1 0 0 1 1 1 0 0 0 g.Number of Wait List Contactees 55 60 55 50 45 50 35 25 20 25 20 30 40 h.Re-Cert Pkts Sent Out During Month 8 3 3 3 4 3 2 1 4 3 5 1 2 i.Number of Traffic Qualified 7 5 8 10 7 9 8 12 10 30 35 40 35 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Neighbors a.Total Units in Complex 24 24 24 24 24 24 24 24 24 24 24 24 24 b.Vacant Units 0 0 0 0 0 0 0 1 0 1 1 0 0 c.Occupied Units 24 24 24 24 24 24 24 23 24 23 23 24 24 d.Pending Leases 0 0 0 0 0 0 0 1 0 0 0 0 0 e.Ending Occupied & Pre-leased 24 24 24 24 24 24 24 24 24 23 23 24 24 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 0 0 0 0 0 0 7 10 0 33 22 0 0 h.Re-Cert Pkts Sent Out During Month 4 1 0 4 3 0 1 2 3 2 2 2 1 i.Number of Traffic Qualified 9 5 7 5 7 4 8 27 9 16 14 6 10 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 One Quail Place a.Total Units in Complex 384 384 384 384 384 384 384 384 384 384 384 384 384 b.Vacant Units 9 11 10 14 13 9 7 6 5 9 10 11 10 c.Occupied Units 375 373 374 370 371 375 377 378 379 375 374 373 374 d.Pending Leases 9 8 4 4 6 4 6 6 5 7 5 12 13 e.Ending Occupied & Pre-leased 384 381 378 374 377 379 383 384 384 382 379 385 387 f.Down Units 1 3 3 5 5 6 2 1 1 3 3 3 2 g.Number of Wait List Contactees 196 150 110 128 123 211 98 133 110 149 101 238 128 h.Re-Cert Pkts Sent Out During Month 24 23 11 29 37 29 32 25 22 31 28 26 20 i.Number of Traffic Qualified 63 46 34 12 19 93 38 93 46 46 23 126 32 j.Number of Traffic Non-Qualified 5 2 4 1 2 1 1 3 3 4 8 6 14 09/01/2023 Page 1 of 4 MOS Multi-Family 8.23 MONTHLY OCCUPANCY STATUS REPORT "MULTI-FAMILY PROPERTIES"Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Palm Village a.Total Units in Complex 36 36 36 36 36 36 36 36 36 36 36 36 36 b.Vacant Units 2 2 2 0 0 2 2 1 1 1 1 1 2 c.Occupied Units 34 34 34 36 36 34 34 35 35 35 35 35 34 d.Pending Leases 2 0 0 0 0 1 1 0 0 0 1 0 2 e.Ending Occupied & Pre-leased 36 34 34 36 36 35 35 35 35 35 36 35 36 f.Down Units 0 0 0 0 0 1 1 1 1 1 0 0 0 g.Number of Wait List Contactees 55 60 55 50 45 50 15 25 20 20 25 20 20 h.Re-Cert Pkts Sent Out During Month 4 2 2 4 3 2 3 3 2 4 2 2 3 i.Number of Traffic Qualified 4 4 6 4 3 4 4 7 5 10 25 20 25 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Santa Rosa a.Total Units in Complex 20 20 20 20 20 20 20 20 20 20 20 20 20 b.Vacant Units 5 3 3 2 4 2 1 1 1 1 2 3 2 c.Occupied Units 15 17 17 18 16 18 19 19 19 19 18 17 18 d.Pending Leases 1 1 1 0 2 1 0 1 1 2 2 3 2 e.Ending Occupied & Pre-leased 16 18 18 18 18 19 19 20 20 21 20 20 20 f.Down Units 4 2 2 2 1 1 1 0 0 0 0 0 0 g.Number of Wait List Contactees 55 60 15 50 45 50 10 25 25 15 25 20 20 h.Re-Cert Pkts Sent Out During Month 2 1 1 1 1 1 1 0 2 0 0 2 3 i.Number of Traffic Qualified 2 0 5 3 2 3 3 5 5 10 8 5 25 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Taos Palms a.Total Units in Complex 16 16 16 16 16 16 16 16 16 16 16 16 16 b.Vacant Units 0 1 0 0 0 0 0 0 0 1 2 1 1 c.Occupied Units 16 15 16 16 16 16 16 16 16 15 14 15 15 d.Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 1 e.Ending Occupied & Pre-leased 16 15 16 16 16 16 16 16 16 15 14 15 16 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 0 10 0 0 0 0 0 0 0 0 48 0 0 h.Re-Cert Pkts Sent Out During Month 2 1 1 1 1 2 1 2 0 2 0 1 1 i.Number of Traffic Qualified 6 3 3 5 3 4 3 4 5 14 11 6 6 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY MULTI-FAMILY PROPERTIES Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 a.Total Units in Complex 733 733 733 733 733 733 733 733 733 733 733 733 733 b.Vacant Units 28 32 27 25 26 19 15 14 15 23 27 27 24 c.Occupied Units 705 701 706 708 707 714 718 719 718 710 706 706 709 d.Pending Leases 18 17 17 15 18 12 10 13 11 15 18 22 24 e.Ending Occupied & Pre-leased 723 718 723 723 725 726 728 732 729 725 724 728 733 f.Down Units 8 8 6 9 8 9 5 4 4 7 5 5 4 g.Number of Wait List Contactees 413 385 285 328 298 411 221 273 283 318 330 580 408 h.Re-Cert Pkts Sent Out During Month 56 43 36 51 64 52 47 48 40 54 55 41 52 i.Number of Traffic Qualified 117 85 87 56 69 151 99 196 115 162 158 222 192 j.Number of Traffic Non-Qualified 5 2 4 1 2 1 1 3 3 4 8 6 14 09/01/2023 Page 2 of 4 MOS Multi-Family 8.23 MONTHLY OCCUPANCY STATUS REPORT REPORTING MONTH: Aug-23 REPORT DATE: 9/1/2023 TERESA VAKILI "SENIOR PROPERTIES"Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Candlewood a.Total Units in Complex 30 30 30 30 30 30 30 30 30 30 30 30 30 b.Vacant Units 0 0 0 0 1 1 2 2 2 2 2 2 2 c.Occupied Units 30 30 30 30 29 29 28 28 28 28 28 28 28 d.Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 30 30 30 30 29 29 28 28 28 28 28 28 28 f.Down Units 0 0 0 0 0 1 2 2 2 2 2 2 2 g.Number of Wait List Contactees 0 0 0 0 10 10 5 19 16 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 3 3 2 4 4 4 3 1 5 3 1 4 3 i.Number of Traffic Qualified 12 8 13 8 4 11 10 8 4 0 0 2 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Carlos Ortega a.Total Units in Complex 73 73 73 73 73 73 73 73 73 73 73 73 73 b.Vacant Units 0 0 1 1 2 1 3 3 3 2 1 0 1 c.Occupied Units 73 73 72 72 71 72 70 70 70 71 72 73 72 d.Pending Leases 1 2 2 0 1 1 0 3 2 2 1 0 0 e.Ending Occupied & Pre-leased 74 75 74 72 72 73 70 73 72 73 73 73 72 f.Down Units 0 0 0 0 0 1 2 2 1 0 0 0 0 g.Number of Wait List Contactees 117 81 89 76 95 50 14 42 72 91 88 49 44 h.Re-Cert Pkts Sent Out During Month 5 3 3 2 3 12 5 7 7 7 10 2 6 i.Number of Traffic Qualified 4 7 2 3 1 2 6 2 1 7 3 0 3 j.Number of Traffic Non-Qualified 0 1 2 0 1 2 1 0 0 0 2 1 1 Catalina Gardens a.Total Units in Complex 72 72 72 72 72 72 72 72 72 72 72 72 72 b.Vacant Units 2 2 2 2 2 3 2 3 3 3 3 3 4 c.Occupied Units 70 70 70 70 70 69 70 69 69 69 69 69 68 d.Pending Leases 2 0 1 1 0 1 1 0 1 1 0 1 1 e.Ending Occupied & Pre-leased 72 70 71 71 70 70 71 69 70 70 69 70 69 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 81 88 101 96 83 89 76 68 71 20 10 12 26 h.Re-Cert Pkts Sent Out During Month 9 4 4 3 6 2 6 12 10 1 7 5 10 i.Number of Traffic Qualified 6 21 13 27 14 37 21 17 8 4 3 3 5 j.Number of Traffic Non-Qualified 0 1 1 1 1 1 1 2 0 0 0 1 1 La Rocca Villas a.Total Units in Complex 27 27 27 27 27 27 27 27 27 27 27 27 27 b.Vacant Units 0 0 0 0 0 0 0 0 0 1 0 0 0 c.Occupied Units 27 27 27 27 27 27 27 27 27 26 27 27 27 d.Pending Leases 1 0 0 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 28 27 27 27 27 27 27 27 27 26 27 27 27 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 15 0 0 0 0 0 0 0 10 38 0 0 0 h.Re-Cert Pkts Sent Out During Month 2 0 4 2 1 1 2 4 2 1 3 1 2 i.Number of Traffic Qualified 20 41 7 4 10 4 10 3 11 13 18 13 22 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 3 0 Las Serenas a.Total Units in Complex 150 150 150 150 150 150 150 150 150 150 150 150 150 b.Vacant Units 3 6 4 4 4 8 7 7 6 5 7 6 8 c.Occupied Units 147 144 146 146 146 142 143 143 144 145 143 144 142 d.Pending Leases 0 2 1 2 3 4 4 2 2 2 1 2 4 e.Ending Occupied & Pre-leased 147 146 147 148 149 146 147 145 146 147 144 146 146 f.Down Units 3 4 4 3 3 4 4 4 4 4 3 3 3 g.Number of Wait List Contactees 15 149 130 61 33 54 15 33 31 63 54 149 191 h.Re-Cert Pkts Sent Out During Month 12 18 10 9 8 10 3 4 8 14 18 14 10 i.Number of Traffic Qualified 22 48 27 25 30 41 35 37 34 32 41 38 37 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 09/01/2023 Page 3 of 4 MOS Senior 8.23 MONTHLY OCCUPANCY STATUS REPORT "SENIOR PROPERTIES"Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Pueblos a.Total Units in Complex 15 15 15 15 15 15 15 15 15 15 15 15 15 b.Vacant Units 0 0 0 0 0 1 1 1 1 0 0 0 0 c.Occupied Units 15 15 15 15 15 14 14 14 14 15 15 15 15 d.Pending Leases 0 0 0 0 0 0 1 1 1 0 0 0 0 e.Ending Occupied & Pre-leased 15 15 15 15 15 14 15 15 15 15 15 15 15 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 8 0 0 10 15 18 9 17 9 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 0 0 0 0 0 1 1 3 3 1 1 3 1 i.Number of Traffic Qualified 2 3 2 3 4 11 5 4 2 0 0 2 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Sage Crest Sr. a.Total Units in Complex 14 14 14 14 14 14 14 14 14 14 14 14 14 b.Vacant Units 2 1 2 0 0 0 0 0 0 0 0 0 0 c.Occupied Units 12 13 12 14 14 14 14 14 14 14 14 14 14 d.Pending Leases 2 0 1 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 14 13 13 14 14 14 14 14 14 14 14 14 14 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 10 5 16 12 5 4 0 0 0 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 1 0 0 0 2 2 2 1 1 2 1 2 2 i.Number of Traffic Qualified 2 3 2 6 5 1 3 3 1 0 0 2 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY SENIOR PROPERTIES Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 a.Total Units in Complex 381 381 381 381 381 381 381 381 381 381 381 381 381 b.Vacant Units 7 9 9 7 9 14 15 16 15 13 13 11 15 c.Occupied Units 374 372 372 374 372 367 366 365 366 368 368 370 366 d.Pending Leases 6 4 5 3 4 6 6 6 6 5 2 3 5 e.Ending Occupied & Pre-leased 380 376 377 377 376 373 372 371 372 373 370 373 371 f.Down Units 3 4 4 3 3 6 8 8 7 6 5 5 5 g.Number of Wait List Contactees 246 323 336 255 241 225 119 179 209 212 152 210 261 h.Re-Cert Pkts Sent Out During Month 32 28 23 20 24 32 22 32 36 29 41 31 34 i.Number of Traffic Qualified 68 131 66 76 68 107 90 74 61 56 65 60 67 j.Number of Traffic Non-Qualified 0 2 3 1 2 3 2 2 0 0 2 5 2 09/01/2023 Page 4 of 4 MOS Senior 8.23 MONTHLY OCCUPANCY AND AVERAGE RENT SUMMARY SHEET AUGUST 2023 AMI %Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent 20%13,230 276 15,120 315 17,010 354 18,900 394 25%16,538 345 18,900 394 21,263 443 23,625 492 30%19,600 408 22,400 467 25,200 525 30,000 625 35%23,153 482 26,460 551 29,768 620 33,075 689 40%26,460 551 30,240 630 34,020 709 37,800 788 45%29,768 620 34,020 709 38,273 797 42,525 886 50%32,650 680 37,300 777 41,950 874 46,600 971 55%36,383 758 41,580 866 46,778 975 51,975 1,083 60%39,690 827 45,360 945 51,030 1,063 56,700 1,181 65%42,998 1,075 49,140 1,229 55,283 1,382 61,425 1,536 70%46,305 1,158 52,920 1,323 59,535 1,488 66,150 1,654 75%49,613 1,240 56,700 1,418 63,788 1,595 70,875 1,772 80%52,200 1,305 59,650 1,491 67,100 1,678 74,550 1,864 85%56,228 1,406 64,260 1,607 72,293 1,807 80,325 2,008 90%59,535 1,488 68,040 1,701 76,545 1,914 85,050 2,126 95%62,843 1,571 71,820 1,796 80,798 2,020 89,775 2,244 100%66,150 1,654 75,600 1,890 85,050 2,126 94,500 2,363 105%69,458 1,736 79,380 1,985 89,303 2,233 99,225 2,481 110%72,765 1,819 83,160 2,079 93,555 2,339 103,950 2,599 115%76,073 1,902 86,940 2,174 97,808 2,445 108,675 2,717 120%79,400 1,985 90,700 2,268 102,050 2,551 113,400 2,835 Riverside County Income Eligibility as of 8/1/2023. Monthly rent is exclusive of Utility Allowance. Extremely Low 0-30%Very Low 31-50%Low 51-80%Moderate 81%-120%Total 709 319 595 990 1,310 803 171 194 213 131 Average Mo. RentNo. of UnitsMulti-Family Complexes HOUSEHOLD SIZE 1 2 3 4 Extremely Low 0-30%Very Low 31-50%Low 51-80%Moderate 81%-120% Total 128 158 66 Senior Complexes Average Mo. RentNo. of Units 14 366 322 559 934 1,319 784 09/01/2023 Page 1 of 1 Summary Rpt #1 8.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT REPORTING MONTH: REPORT DATE:REPORTED BY:TERESA VAKILI "MULTI-FAMILY"141 UNITS 64 UNITS 48 UNITS 24 UNITS 384 UNITS 36 UNITS 20 UNITS 16 UNITS 733 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR 1. VERY LOW: 20% OF MEDIAN a.Studio 1 211 1 211 b.1 BR, 1 BA 5 243 4 221 12 228 21 230 c.2 BR, 1 BA 1 243 3 253 5 258 1 238 10 253 d.2 BR, 2 BA 1 243 3 248 4 247 e.Totals 20%5 5 1 1 18 5 1 0 36 2. VERY LOW: 21-25% OF MEDIAN a.Studio 6 275 6 275 b.1 BR, 1 BA 14 314 4 295 5 303 33 300 56 304 c.2 BR, 1 BA 2 325 7 335 3 326 1 320 13 330 d.2 BR, 2 BA 3 325 10 335 13 333 e.Totals 21-25%14 10 7 3 50 3 1 0 88 3. VERY LOW: 26-30% OF MEDIAN a.Studio 1 341 1 341 b.1 BR, 1 BA 12 393 3 372 2 380 11 387 28 387 c.2 BR, 1 BA 3 421 1 406 1 411 5 416 d.2 BR, 2 BA 4 411 9 421 13 418 e.Totals 26-30%12 4 2 4 23 0 1 1 47 4. VERY LOW: 31-35% OF MEDIAN a.Studio 3 406 3 406 b.1 BR, 1 BA 7 462 1 441 11 452 19 455 c.2 BR, 1 BA 2 488 2 498 1 534 1 488 6 499 d.2 BR, 2 BA 4 488 13 498 17 496 e.Totals 31-35%7 4 2 4 26 1 0 1 45 5. VERY LOW: 36-40% OF MEDIAN a.Studio 2 466 2 466 b.1 BR, 1 BA 9 537 1 522 6 521 16 530 c.2 BR, 1 BA 3 570 7 580 3 565 3 570 16 573 d.2 BR, 2 BA 1 570 11 580 12 579 e.Totals 36-40%9 2 4 1 24 3 0 3 46 6. VERY LOW: 41-45% OF MEDIAN a.Studio 2 530 2 530 b.1 BR, 1 BA 11 610 4 594 10 594 25 601 c.2 BR, 1 BA 4 663 2 673 3 647 2 652 11 658 d.2 BR, 2 BA 10 662 10 662 e.Totals 41-45%11 2 4 0 24 2 3 2 48 7. VERY LOW: 46-50% OF MEDIAN a.Studio 5 598 1 598 6 598 b.1 BR, 1 BA 10 685 2 672 8 670 20 678 c.2 BR, 1 BA 1 732 2 740 9 742 5 745 3 735 20 741 d.2 BR, 2 BA 1 740 8 740 9 740 e.Totals 46-50%10 6 5 1 25 5 3 0 55 Total very low =68 33 25 14 190 19 9 7 365 ·Percent of total 49.28%54.10%55.56%58.33%50.80%55.88%50.00%46.67%51.48% 8. LOWER: 51-55% OF MEDIAN a.Studio 0 - b.1 BR, 1 BA 8 753 2 732 5 747 15 748 c.2 BR, 1 BA 4 816 11 826 4 824 2 811 21 822 d.2 BR, 2 BA 4 816 8 826 12 823 e.Totals 51-55%8 2 4 4 24 4 2 0 48 9. LOWER: 56-60% OF MEDIAN a.Studio 1 721 1 721 b.1 BR, 1 BA 13 826 1 805 10 820 24 823 c.2 BR, 1 BA 3 898 3 908 1 900 2 905 2 898 11 902 d.2 BR, 2 BA 7 908 7 908 e.Totals 56-60%13 2 3 0 20 1 2 2 43 NEIGHBORS Aug-23 9/1/2023 CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 09/01/2023 Page 1 of 4 Rpt #1 Multi-Family 8.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT "MULTI-FAMILY"141 UNITS 64 UNITS 48 UNITS 24 UNITS 384 UNITS 36 UNITS 20 UNITS 16 UNITS 733 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR NEIGHBORS CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 10. LOWER: 61-65% OF MEDIAN a.Studio 1 785 1 785 2 785 b.1 BR, 1 BA 9 956 1 886 12 890 22 917 c.2 BR, 1 BA 1 933 7 990 3 975 2 975 1 980 14 980 d.2 BR, 2 BA 1 980 19 990 20 990 e.Totals 61-65%9 1 3 1 38 3 2 1 58 11. LOWER: 66-70% OF MEDIAN a.Studio 1 1,018 1 1,018 b.1 BR, 1 BA 5 1,154 2 1,133 6 1,148 13 1,148 c.2 BR, 1 BA 3 1,298 2 1,286 1 1,286 1 1,291 7 1,292 d.2 BR, 2 BA 7 1,280 7 1,280 e.Totals 66-70%5 3 0 0 16 2 1 1 28 12. LOWER: 71-75% OF MEDIAN a.Studio 2 1,018 2 1,018 b.1 BR, 1 BA 4 1,154 3 1,148 7 1,151 c.2 BR, 1 BA 1 1,390 2 1,400 2 1,385 1 1,385 6 1,391 d.2 BR, 2 BA 6 1,400 6 1,400 e.Totals 71-75%4 2 1 0 11 2 1 0 21 13. LOWER: 76-80% OF MEDIAN a.Studio 1 1,018 1 1,018 b.1 BR, 1 BA 4 1,154 1 1,148 5 1,153 c.2 BR, 1 BA 4 1,434 1 1,470 1 1,424 6 1,438 d.2 BR, 2 BA 3 1,434 3 1,434 e.Totals 76-80%4 1 0 0 8 1 0 1 15 Total lower =43 11 11 5 117 13 8 5 213 ·Percent of total 31.16%18.03%24.44%20.83%31.28%38.24%44.44%33.33%30.04% 14. MODERATE: 81-120% OF MEDIAN a.Studio 6 1,033 1 1,018 7 1,031 b.1 BR, 1 BA 26 1,163 7 1,181 1 1,141 27 1,152 61 1,160 c.2 BR, 1 BA 1 1,751 3 1,528 7 1,473 14 1,445 2 1,630 1 1,751 3 1,424 31 1,489 d.2 BR, 2 BA 1 1,751 5 1,489 26 1,473 32 1,484 Total moderate =27 17 9 5 67 2 1 3 131 Percent of total 19.57%27.87%20.00%20.83%17.91%5.88%5.56%20.00%18.48% 15. Total units occupied:138 61 45 24 374 34 18 15 709 16. Occupancy rate =98%95%94%100%97%94%90%94%97% NOTE: For each project, to calculate average rent for a unit type at an income level, divide the total rental income of that unit type at that income level by the number of occupied units of that unit type at that income level.Occ Rate excluding properties under const/renov 97% 09/01/2023 Page 2 of 4 Rpt #1 Multi-Family 8.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT REPORTING MONTH: REPORT DATE:REPORTED BY:TERESA VAKILI "SENIOR PROPERTIES"30 UNITS 73 UNITS 72 UNITS 27 UNITS 150 UNITS 15 UNITS 14 UNITS 381 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR 1. VERY LOW: 20% OF MEDIAN a.Studio 1 291 4 198 3 224 8 219 b.1 BR, 1 BA 2 222 1 328 1 222 5 260 4 238 13 250 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 20%2 2 5 5 7 0 0 21 2. VERY LOW: 21-25% OF MEDIAN a.Studio 10 364 14 262 17 293 41 300 b.1 BR, 1 BA 3 272 2 290 5 337 7 320 2 297 1 295 20 311 c.2 BR, 1 BA 1 322 1 322 d.2 BR, 2 BA 0 - e.Totals 21-25%4 10 16 5 24 2 1 62 3. VERY LOW: 26-30% OF MEDIAN a.Studio 7 441 5 328 15 369 27 380 b.1 BR, 1 BA 2 372 1 496 3 372 3 414 5 406 1 374 2 372 17 397 c.2 BR, 1 BA 1 408 1 408 d.2 BR, 2 BA 0 - e.Totals 26-30%3 8 8 3 20 1 2 45 4.VERY LOW: 31-35% OF MEDIAN a.Studio 5 510 5 389 9 435 19 443 b.1 BR, 1 BA 6 431 2 573 7 441 3 483 6 483 5 443 4 441 33 459 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 31-35%6 7 12 3 15 5 4 52 5. VERY LOW: 36-40% OF MEDIAN a.Studio 8 579 6 453 9 516 23 521 b.1 BR, 1 BA 2 514 1 655 2 514 2 556 4 565 1 516 12 550 c.2 BR, 1 BA 1 567 1 567 d.2 BR, 2 BA 0 - e.Totals 36-40%3 9 8 2 13 1 0 36 6. VERY LOW: 41-45% OF MEDIAN a.Studio 6 655 3 517 10 588 19 598 b.1 BR, 1 BA 3 586 1 586 8 648 3 588 1 586 16 617 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 41-45%3 6 4 0 18 3 1 35 7.VERY LOW: 46-50% OF MEDIAN a.Studio 9 733 3 585 5 666 17 687 b.1 BR, 1 BA 4 664 2 825 2 664 1 706 5 735 1 666 3 664 18 704 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 46-50%4 11 5 1 10 1 3 35 Total very low =25 53 58 19 107 13 11 286 ·Percent of total 89.29%73.61%85.29%70.37%75.35%86.67%78.57%78.14% 8. LOWER: 51-55% OF MEDIAN a.Studio 2 801 3 644 3 734 8 717 b.1 BR, 1 BA 1 732 1 901 2 732 1 774 4 811 2 734 11 780 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 51-55%1 3 5 1 7 2 0 19 9. LOWER: 56-60% OF MEDIAN a.Studio 2 874 3 807 5 834 b.1 BR, 1 BA 1 805 3 805 3 847 1 893 1 805 9 829 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 56-60%1 2 3 3 4 0 1 14 Aug-23 9/1/2023 PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 09/01/2023 Page 3 of 4 Rpt #1 Senior 8.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT "SENIOR PROPERTIES"30 UNITS 73 UNITS 72 UNITS 27 UNITS 150 UNITS 15 UNITS 14 UNITS 381 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 10. LOWER: 61-65% OF MEDIAN a.Studio 5 947 6 880 11 910 b.1 BR, 1 BA 1 975 1 878 2 927 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 61-65%0 5 0 0 7 0 1 13 11. LOWER: 66-70% OF MEDIAN a.Studio 3 1,202 3 1,135 6 1,169 b.1 BR, 1 BA 1 1,133 1 1,133 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 66-70%0 3 1 0 3 0 0 7 12. LOWER: 71-75% OF MEDIAN a.Studio 4 1,202 4 1,202 b.1 BR, 1 BA 2 1,175 1 1,385 1 1,133 4 1,217 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 71-75%0 4 0 2 1 0 1 8 13. LOWER: 76-80% OF MEDIAN a.Studio 1 1,202 3 1,135 4 1,152 b.1 BR, 1 BA 1 1,419 1 1,419 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 76-80%0 1 0 0 4 0 0 5 Total lower =2 18 9 6 26 2 3 66 Percent of total 7.14%25.00%13.24%22.22%18.31%13.33%21.43%18.03% 14. MODERATE: 81-120% OF MEDIAN a.Studio 1 1,281 7 1,135 8 1,153 b.1 BR, 1 BA 2 1,287 2 1,585 4 1,436 c.2 BR, 1 BA 1 1,751 1 1,751 d.2 BR, 2 BA 1 1,751 1 1,751 Total moderate =1 1 1 2 9 0 0 14 Percent of total 3.57%1.39%1.47%7.41%6.34%0.00%0.00%3.83% 15. Total units occupied:28 72 68 27 142 15 14 366 16. Occupancy rate =93%99%94%100%95%100%100%96%NOTE: For each project, to calculate average rent for a unit type at an income level, divide the total rental income of that unit typeat that income level by the number of occupied units of that unit type at that income level.Occ Rate excluding properties under const/renov 97% 09/01/2023 Page 4 of 4 Rpt #1 Senior 8.23 REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Aug-23 "MULTI-FAMILY PROPERTIES"REPORTED BY: Teresa Vakili REPORT DATE: 9/1/2023 CALIFORNIA DESERT LAGUNA ONE QUAIL PALM SANTA TAOS MONTHLY INCOME LEVEL AVAILABLE VILLAS POINTE PALMS PLACE VILLAGE ROSA PALMS TOTALS OF OCCUPANT UNITS 141 64 48 24 384 36 20 16 733 REVENUE VERY LOW Up to 50% Occupied units 68 33 25 14 190 19 9 7 365 Total rental income 31,954 12,755 12,174 6,124 88,321 9,568 5,110 3,913 169,919 Per occupied unit 470 387 487 437 465 504 568 559 466 LOWER: 51% --> 80% Occupied units 43 11 11 5 117 13 8 5 213 Total rental income 40,368 10,113 9,952 4,244 118,701 13,933 8,053 5,491 210,855 Per occupied unit 939 919 905 849 1,015 1,072 1,007 1,098 990 MODERATE: 81% --> 120% Occupied units 27 17 9 5 67 2 1 3 131 Total rental income 31,989 20,800 12,470 7,445 89,632 3,260 1,751 4,272 171,619 Per occupied unit 1,185 1,224 1,386 1,489 1,338 1,630 1,751 1,424 1,310 Summary Income: Rental 104,311 43,668 34,596 17,813 296,654 26,761 14,914 13,676 552,393 Other Income: Laundry 344 682 311 396 2,747 1,053 24 269 5,826 Other (1,280) (5,141) (4,412) (2,820) 4,405 689 (3,479) (2,738) (14,777) Total Operating Income 103,375 39,209 30,495 15,389 303,806 28,503 11,459 11,207 543,443 Occupied Units 138 61 45 24 374 34 18 15 709 Income per occupied unit 749 643 678 641 812 838 637 747 766 EXPENSES Operating Expenses: Payroll 23,912 12,692 11,860 4,508 81,954 6,521 3,431 3,489 148,366 Per occupied unit 173 208 264 188 219 192 191 233 209 Administrative 9,695 4,443 6,197 1,214 27,931 1,778 2,091 906 54,256 Per occupied unit 70 73 138 51 75 52 116 60 77 Advertising/Promotion - - - - 91 - - - 91 Per occupied unit - - - - 0 - - - 0 Contract Services 5,778 3,342 3,106 2,124 17,569 1,476 1,691 1,401 36,488 Per occupied unit 42 55 69 89 47 43 94 93 51 Utility Services 13,637 6,117 3,543 2,145 42,766 2,447 1,867 1,447 73,968 Per occupied unit 99 100 79 89 114 72 104 96 104 Maintenance 12,637 2,924 4,783 1,841 33,130 1,485 6,257 5,602 68,659 Per occupied unit 92 48 106 77 89 44 348 373 97 Replacement expense 4,467 2,495 12,815 - 24,070 2,367 920 - 47,135 Per occupied unit 32 41 285 - 64 70 51 - 66 Capital expense - - - - - - - - - Per occupied unit - - - - - - - - - Total Operating Expenses 70,127 32,013 42,303 11,833 227,511 16,074 16,257 12,844 428,963 Per occupied unit 508 525 940 493 608 473 903 856 605 Summary Revenue and Expenses Total Operating Income 103,375 39,209 30,495 15,389 303,806 28,503 11,459 11,207 543,443 Total Operating Expenses 70,127 32,013 42,303 11,833 227,511 16,074 16,257 12,844 428,963 Monthly Net Operating Income 33,247 7,196 (11,808) 3,555 76,295 12,428 (4,797) (1,637) 114,480 Per occupied unit 241 118 (262) 148 204 366 (267) (109) 161 FYTD Net Operating Income* 104,356 34,082 8,035 11,094 303,318 33,563 4,488 131 499,067 Previous Fiscal Year NOI (6/30/2023)*381,408 110,067 (6,481) 39,668 1,202,230 76,372 (1,254) 23,691 1,825,701 NEIGHBORS * For comparison purposes, Net Operating Income YTD excludes all capital expenditures and corresponding reimbursement, as those are typically paid from replacement reserve funds and/or bond funds at this time (not PDHA revenue). 09/01/2023 Page 1 of 2 Rpt #2 Multi-Family 8.23 REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Aug-23 "SENIOR PROPERTIES"REPORTED BY: Teresa Vakili REPORT DATE: 9/1/2023 CANDLEWOOD CARLOS CATALINA LA ROCCA LAS PUEBLOS SAGECREST MONTHLY INCOME LEVEL AVAILABLE ORTEGA GARDENS VILLAS SERENAS SR.TOTALS OF OCCUPANT UNITS 30 73 72 27 150 15 14 381 REVENUE VERY LOW: Up to 50% Occupied units 25 53 58 19 107 13 11 286 Total rental income 11,329 29,002 22,016 7,494 48,196 6,129 5,381 129,547 Per occupied unit 453 547 380 394 450 471 489 453 LOWER: 51% --> 80% Occupied units 2 18 9 6 26 2 3 66 Total rental income 1,537 18,602 6,944 5,665 24,629 1,468 2,816 61,661 Per occupied unit 769 1,033 772 944 947 734 939 934 MODERATE: 81% --> 120% Occupied units 1 1 1 2 9 - - 14 Total rental income 1,751 1,751 1,281 2,574 11,115 18,472 Per occupied unit 1,751 1,751 1,281 1,287 1,235 1,319 Summary Income: Rental 14,617 49,355 30,241 15,733 83,940 7,597 8,197 209,680 Other Income: Laundry - - - - 858 13 - 871 Other 38 (722) (1,741) (1,616) 2,235 4 - (1,803) Total operating income 14,655 48,633 28,500 14,117 87,033 7,614 8,197 208,748 Occupied Units 28 72 68 27 142 15 14 366 Income per occupied unit 523 675 419 523 613 508 586 570 EXPENSES Operating Expenses: Payroll 6,491 12,141 15,068 5,623 13,454 3,907 2,846 59,531 Per occupied unit 232 169 222 208 95 260 203 163 Administrative 1,648 4,354 5,570 1,351 7,874 771 722 22,292 Per occupied unit 59 60 82 50 55 51 52 61 Advertising/promotion - - - - - - - - Per occupied unit - - - - - - - - Contract services 1,833 2,680 3,936 2,180 6,110 1,175 1,078 18,992 Per occupied unit 65 37 58 81 43 78 77 52 Utility services 2,970 4,509 7,579 1,544 11,054 1,169 1,056 29,880 Per occupied unit 106 63 111 57 78 78 75 82 Maintenance 2,622 3,451 6,956 680 16,141 739 175 30,764 Per occupied unit 94 48 102 25 114 49 13 84 Replacement expense - 1,053 1,390 - 19,126 - - 21,570 Per occupied unit - 15 20 - 135 - - 59 Capital expense - - - - - - - - Per occupied unit - - - - - - - - Total Operating Expenses 15,565 28,188 40,499 11,379 73,760 7,762 5,877 183,029 Per occupied unit 556 391 596 421 519 517 420 500 Summary Revenue and Expenses Total Operating Income 14,655 48,633 28,500 14,117 87,033 7,614 8,197 208,748 Total Operating Expenses 15,565 28,188 40,499 11,379 73,760 7,762 5,877 183,029 Monthly Net Operating Income (910) 20,445 (12,000) 2,738 13,273 (148) 2,320 25,719 Per occupied unit (33) 284 (176) 101 93 (10) 166 70 FYTD Net Operating Income* 5,218 54,637 (1,128) 11,662 88,572 3,046 5,859 167,866 Previous Fiscal Year NOI (6/30/2023)* (34,743) 100,758 (74,162) (31,472) 316,792 (20,170) (1,619) 255,384 * For comparison purposes, Net Operating Income YTD excludes all capital expenditures and corresponding reimbursement, as those are typically paid from replacement reserve funds and/or bond funds at this time (not PDHA revenue) 09/01/2023 Page 2 of 2 Rpt #2 Senior 8.23 MONTHLY OCCUPANCY STATUS REPORT REPORTING MONTH: Sep-23 REPORT DATE: 10/2/2023 TERESA VAKILI "MULTI-FAMILY PROPERTIES"Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 California Villas a.Total Units in Complex 141 141 141 141 141 141 141 141 141 141 141 141 141 b.Vacant Units 7 5 2 3 4 2 1 3 4 5 4 3 1 c.Occupied Units 134 136 139 138 137 139 140 138 137 136 137 138 140 d.Pending Leases 5 6 5 6 5 2 3 3 4 5 3 3 3 e.Ending Occupied & Pre-leased 139 142 144 144 142 141 143 141 141 141 140 141 143 f.Down Units 1 0 0 0 0 0 0 0 1 1 1 1 1 g.Number of Wait List Contactees 30 40 50 40 50 40 40 40 30 25 200 130 100 h.Re-Cert Pkts Sent Out During Month 10 11 6 12 9 3 9 5 8 12 5 13 13 i.Number of Traffic Qualified 12 15 10 15 25 20 18 20 15 25 10 15 25 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Desert Pointe a.Total Units in Complex 64 64 64 64 64 64 64 64 64 64 64 64 64 b.Vacant Units 2 2 1 1 1 2 2 3 4 4 5 3 3 c.Occupied Units 62 62 63 63 63 62 62 61 60 60 59 61 61 d.Pending Leases 0 1 0 0 0 0 2 1 1 3 2 1 1 e.Ending Occupied & Pre-leased 62 63 63 63 63 62 64 62 61 63 61 62 62 f.Down Units 1 1 1 1 1 1 1 1 1 1 1 1 1 g.Number of Wait List Contactees 15 10 0 0 0 16 15 68 46 64 72 70 46 h.Re-Cert Pkts Sent Out During Month 2 7 3 3 6 4 6 2 4 6 2 9 2 i.Number of Traffic Qualified 10 9 7 13 9 15 30 15 21 17 9 44 9 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Laguna Palms a.Total Units in Complex 48 48 48 48 48 48 48 48 48 48 48 48 48 b.Vacant Units 6 5 6 5 1 1 2 2 2 2 2 3 3 c.Occupied Units 42 43 42 43 47 47 46 46 46 46 46 45 45 d.Pending Leases 3 5 6 4 1 1 0 1 1 2 2 2 1 e.Ending Occupied & Pre-leased 45 48 48 47 48 48 46 47 47 48 48 47 46 f.Down Units 1 0 1 1 0 0 1 1 1 0 0 0 0 g.Number of Wait List Contactees 60 55 50 45 50 35 25 20 25 20 30 40 35 h.Re-Cert Pkts Sent Out During Month 3 3 3 4 3 2 1 4 3 5 1 2 5 i.Number of Traffic Qualified 5 8 10 7 9 8 12 10 30 35 40 35 30 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Neighbors a.Total Units in Complex 24 24 24 24 24 24 24 24 24 24 24 24 24 b.Vacant Units 0 0 0 0 0 0 1 0 1 1 0 0 0 c.Occupied Units 24 24 24 24 24 24 23 24 23 23 24 24 24 d.Pending Leases 0 0 0 0 0 0 1 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 24 24 24 24 24 24 24 24 23 23 24 24 24 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 0 0 0 0 0 7 10 0 33 22 0 0 0 h.Re-Cert Pkts Sent Out During Month 1 0 4 3 0 1 2 3 2 2 2 1 1 i.Number of Traffic Qualified 5 7 5 7 4 8 27 9 16 14 6 10 6 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 One Quail Place a.Total Units in Complex 384 384 384 384 384 384 384 384 384 384 384 384 384 b.Vacant Units 11 10 14 13 9 7 6 5 9 10 11 10 17 c.Occupied Units 373 374 370 371 375 377 378 379 375 374 373 374 367 d.Pending Leases 8 4 4 6 4 6 6 5 7 5 12 13 12 e.Ending Occupied & Pre-leased 381 378 374 377 379 383 384 384 382 379 385 387 379 f.Down Units 3 3 5 5 6 2 1 1 3 3 3 2 7 g.Number of Wait List Contactees 150 110 128 123 211 98 133 110 149 101 238 128 157 h.Re-Cert Pkts Sent Out During Month 23 11 29 37 29 32 25 22 31 28 26 20 23 i.Number of Traffic Qualified 46 34 12 19 93 38 93 46 46 23 126 32 47 j.Number of Traffic Non-Qualified 2 4 1 2 1 1 3 3 4 8 6 14 8 10/02/2023 Page 1 of 4 MOS Multi-Family 9.23 MONTHLY OCCUPANCY STATUS REPORT "MULTI-FAMILY PROPERTIES"Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Palm Village a.Total Units in Complex 36 36 36 36 36 36 36 36 36 36 36 36 36 b.Vacant Units 2 2 0 0 2 2 1 1 1 1 1 2 1 c.Occupied Units 34 34 36 36 34 34 35 35 35 35 35 34 35 d.Pending Leases 0 0 0 0 1 1 0 0 0 1 0 2 1 e.Ending Occupied & Pre-leased 34 34 36 36 35 35 35 35 35 36 35 36 36 f.Down Units 0 0 0 0 1 1 1 1 1 0 0 0 0 g.Number of Wait List Contactees 60 55 50 45 50 15 25 20 20 25 20 20 25 h.Re-Cert Pkts Sent Out During Month 2 2 4 3 2 3 3 2 4 2 2 3 4 i.Number of Traffic Qualified 4 6 4 3 4 4 7 5 10 25 20 25 20 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Santa Rosa a.Total Units in Complex 20 20 20 20 20 20 20 20 20 20 20 20 20 b.Vacant Units 3 3 2 4 2 1 1 1 1 2 3 2 1 c.Occupied Units 17 17 18 16 18 19 19 19 19 18 17 18 19 d.Pending Leases 1 1 0 2 1 0 1 1 2 2 3 2 1 e.Ending Occupied & Pre-leased 18 18 18 18 19 19 20 20 21 20 20 20 20 f.Down Units 2 2 2 1 1 1 0 0 0 0 0 0 0 g.Number of Wait List Contactees 60 15 50 45 50 10 25 25 15 25 20 20 25 h.Re-Cert Pkts Sent Out During Month 1 1 1 1 1 1 0 2 0 0 2 3 0 i.Number of Traffic Qualified 0 5 3 2 3 3 5 5 10 8 5 25 20 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Taos Palms a.Total Units in Complex 16 16 16 16 16 16 16 16 16 16 16 16 16 b.Vacant Units 1 0 0 0 0 0 0 0 1 2 1 1 1 c.Occupied Units 15 16 16 16 16 16 16 16 15 14 15 15 15 d.Pending Leases 0 0 0 0 0 0 0 0 0 0 0 1 0 e.Ending Occupied & Pre-leased 15 16 16 16 16 16 16 16 15 14 15 16 15 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 10 0 0 0 0 0 0 0 0 48 0 0 0 h.Re-Cert Pkts Sent Out During Month 1 1 1 1 2 1 2 0 2 0 1 1 1 i.Number of Traffic Qualified 3 3 5 3 4 3 4 5 14 11 6 6 4 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY MULTI-FAMILY PROPERTIES Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 a.Total Units in Complex 733 733 733 733 733 733 733 733 733 733 733 733 733 b.Vacant Units 32 27 25 26 19 15 14 15 23 27 27 24 27 c.Occupied Units 701 706 708 707 714 718 719 718 710 706 706 709 706 d.Pending Leases 17 17 15 18 12 10 13 11 15 18 22 24 19 e.Ending Occupied & Pre-leased 718 723 723 725 726 728 732 729 725 724 728 733 725 f.Down Units 8 6 9 8 9 5 4 4 7 5 5 4 9 g.Number of Wait List Contactees 385 285 328 298 411 221 273 283 318 330 580 408 388 h.Re-Cert Pkts Sent Out During Month 43 36 51 64 52 47 48 40 54 55 41 52 49 i.Number of Traffic Qualified 85 87 56 69 151 99 196 115 162 158 222 192 161 j.Number of Traffic Non-Qualified 2 4 1 2 1 1 3 3 4 8 6 14 8 10/02/2023 Page 2 of 4 MOS Multi-Family 9.23 MONTHLY OCCUPANCY STATUS REPORT REPORTING MONTH: Sep-23 REPORT DATE: 10/2/2023 TERESA VAKILI "SENIOR PROPERTIES"Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Candlewood a.Total Units in Complex 30 30 30 30 30 30 30 30 30 30 30 30 30 b.Vacant Units 0 0 0 1 1 2 2 2 2 2 2 2 2 c.Occupied Units 30 30 30 29 29 28 28 28 28 28 28 28 28 d.Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 30 30 30 29 29 28 28 28 28 28 28 28 28 f.Down Units 0 0 0 0 1 2 2 2 2 2 2 2 2 g.Number of Wait List Contactees 0 0 0 10 10 5 19 16 0 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 3 2 4 4 4 3 1 5 3 1 4 3 3 i.Number of Traffic Qualified 8 13 8 4 11 10 8 4 0 0 2 0 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Carlos Ortega a.Total Units in Complex 73 73 73 73 73 73 73 73 73 73 73 73 73 b.Vacant Units 0 1 1 2 1 3 3 3 2 1 0 1 1 c.Occupied Units 73 72 72 71 72 70 70 70 71 72 73 72 72 d.Pending Leases 2 2 0 1 1 0 3 2 2 1 0 0 1 e.Ending Occupied & Pre-leased 75 74 72 72 73 70 73 72 73 73 73 72 73 f.Down Units 0 0 0 0 1 2 2 1 0 0 0 0 0 g.Number of Wait List Contactees 81 89 76 95 50 14 42 72 91 88 49 44 54 h.Re-Cert Pkts Sent Out During Month 3 3 2 3 12 5 7 7 7 10 2 6 3 i.Number of Traffic Qualified 7 2 3 1 2 6 2 1 7 3 0 3 4 j.Number of Traffic Non-Qualified 1 2 0 1 2 1 0 0 0 2 1 1 2 Catalina Gardens a.Total Units in Complex 72 72 72 72 72 72 72 72 72 72 72 72 72 b.Vacant Units 2 2 2 2 3 2 3 3 3 3 3 4 4 c.Occupied Units 70 70 70 70 69 70 69 69 69 69 69 68 68 d.Pending Leases 0 1 1 0 1 1 0 1 1 0 1 1 2 e.Ending Occupied & Pre-leased 70 71 71 70 70 71 69 70 70 69 70 69 70 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 88 101 96 83 89 76 68 71 20 10 12 26 27 h.Re-Cert Pkts Sent Out During Month 4 4 3 6 2 6 12 10 1 7 5 10 10 i.Number of Traffic Qualified 21 13 27 14 37 21 17 8 4 3 3 5 3 j.Number of Traffic Non-Qualified 1 1 1 1 1 1 2 0 0 0 1 1 2 La Rocca Villas a.Total Units in Complex 27 27 27 27 27 27 27 27 27 27 27 27 27 b.Vacant Units 0 0 0 0 0 0 0 0 1 0 0 0 1 c.Occupied Units 27 27 27 27 27 27 27 27 26 27 27 27 26 d.Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 27 27 27 27 27 27 27 27 26 27 27 27 26 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 0 0 0 0 0 0 0 10 38 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 0 4 2 1 1 2 4 2 1 3 1 2 0 i.Number of Traffic Qualified 41 7 4 10 4 10 3 11 13 18 13 22 18 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 3 0 0 Las Serenas a.Total Units in Complex 150 150 150 150 150 150 150 150 150 150 150 150 150 b.Vacant Units 6 4 4 4 8 7 7 6 5 7 6 8 7 c.Occupied Units 144 146 146 146 142 143 143 144 145 143 144 142 143 d.Pending Leases 2 1 2 3 4 4 2 2 2 1 2 4 6 e.Ending Occupied & Pre-leased 146 147 148 149 146 147 145 146 147 144 146 146 149 f.Down Units 4 4 3 3 4 4 4 4 4 3 3 3 2 g.Number of Wait List Contactees 149 130 61 33 54 15 33 31 63 54 149 191 108 h.Re-Cert Pkts Sent Out During Month 18 10 9 8 10 3 4 8 14 18 14 10 10 i.Number of Traffic Qualified 48 27 25 30 41 35 37 34 32 41 38 37 34 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 10/02/2023 Page 3 of 4 MOS Senior 9.23 MONTHLY OCCUPANCY STATUS REPORT "SENIOR PROPERTIES"Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Pueblos a.Total Units in Complex 15 15 15 15 15 15 15 15 15 15 15 15 15 b.Vacant Units 0 0 0 0 1 1 1 1 0 0 0 0 0 c.Occupied Units 15 15 15 15 14 14 14 14 15 15 15 15 15 d.Pending Leases 0 0 0 0 0 1 1 1 0 0 0 0 0 e.Ending Occupied & Pre-leased 15 15 15 15 14 15 15 15 15 15 15 15 15 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 0 0 10 15 18 9 17 9 0 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 0 0 0 0 1 1 3 3 1 1 3 1 1 i.Number of Traffic Qualified 3 2 3 4 11 5 4 2 0 0 2 0 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 Sage Crest Sr. a.Total Units in Complex 14 14 14 14 14 14 14 14 14 14 14 14 14 b.Vacant Units 1 2 0 0 0 0 0 0 0 0 0 0 0 c.Occupied Units 13 12 14 14 14 14 14 14 14 14 14 14 14 d.Pending Leases 0 1 0 0 0 0 0 0 0 0 0 0 0 e.Ending Occupied & Pre-leased 13 13 14 14 14 14 14 14 14 14 14 14 14 f.Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g.Number of Wait List Contactees 5 16 12 5 4 0 0 0 0 0 0 0 0 h.Re-Cert Pkts Sent Out During Month 0 0 0 2 2 2 1 1 2 1 2 2 2 i.Number of Traffic Qualified 3 2 6 5 1 3 3 1 0 0 2 0 0 j.Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY SENIOR PROPERTIES Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 a.Total Units in Complex 381 381 381 381 381 381 381 381 381 381 381 381 381 b.Vacant Units 9 9 7 9 14 15 16 15 13 13 11 15 15 c.Occupied Units 372 372 374 372 367 366 365 366 368 368 370 366 366 d.Pending Leases 4 5 3 4 6 6 6 6 5 2 3 5 9 e.Ending Occupied & Pre-leased 376 377 377 376 373 372 371 372 373 370 373 371 375 f.Down Units 4 4 3 3 6 8 8 7 6 5 5 5 4 g.Number of Wait List Contactees 323 336 255 241 225 119 179 209 212 152 210 261 189 h.Re-Cert Pkts Sent Out During Month 28 23 20 24 32 22 32 36 29 41 31 34 29 i.Number of Traffic Qualified 131 66 76 68 107 90 74 61 56 65 60 67 59 j.Number of Traffic Non-Qualified 2 3 1 2 3 2 2 0 0 2 5 2 4 10/02/2023 Page 4 of 4 MOS Senior 9.23 MONTHLY OCCUPANCY AND AVERAGE RENT SUMMARY SHEET SEPTEMBER 2023 AMI %Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent 20%13,230 276 15,120 315 17,010 354 18,900 394 25%16,538 345 18,900 394 21,263 443 23,625 492 30%19,600 408 22,400 467 25,200 525 30,000 625 35%23,153 482 26,460 551 29,768 620 33,075 689 40%26,460 551 30,240 630 34,020 709 37,800 788 45%29,768 620 34,020 709 38,273 797 42,525 886 50%32,650 680 37,300 777 41,950 874 46,600 971 55%36,383 758 41,580 866 46,778 975 51,975 1,083 60%39,690 827 45,360 945 51,030 1,063 56,700 1,181 65%42,998 1,075 49,140 1,229 55,283 1,382 61,425 1,536 70%46,305 1,158 52,920 1,323 59,535 1,488 66,150 1,654 75%49,613 1,240 56,700 1,418 63,788 1,595 70,875 1,772 80%52,200 1,305 59,650 1,491 67,100 1,678 74,550 1,864 85%56,228 1,406 64,260 1,607 72,293 1,807 80,325 2,008 90%59,535 1,488 68,040 1,701 76,545 1,914 85,050 2,126 95%62,843 1,571 71,820 1,796 80,798 2,020 89,775 2,244 100%66,150 1,654 75,600 1,890 85,050 2,126 94,500 2,363 105%69,458 1,736 79,380 1,985 89,303 2,233 99,225 2,481 110%72,765 1,819 83,160 2,079 93,555 2,339 103,950 2,599 115%76,073 1,902 86,940 2,174 97,808 2,445 108,675 2,717 120%79,400 1,985 90,700 2,268 102,050 2,551 113,400 2,835 Riverside County Income Eligibility as of 8/1/2023. Monthly rent is exclusive of Utility Allowance. Extremely Low 0-30%Very Low 31-50%Low 51-80%Moderate 81%-120%Total 706 320 595 993 1,311 805 172 192 213 129 Average Mo. RentNo. of UnitsMulti-Family Complexes HOUSEHOLD SIZE 1 2 3 4 Extremely Low 0-30%Very Low 31-50%Low 51-80%Moderate 81%-120% Total 126 157 68 Senior Complexes Average Mo. RentNo. of Units 15 366 321 558 925 1,307 778 10/02/2023 Page 1 of 1 Summary Rpt #1 9.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT REPORTING MONTH: REPORT DATE:REPORTED BY:TERESA VAKILI "MULTI-FAMILY"141 UNITS 64 UNITS 48 UNITS 24 UNITS 384 UNITS 36 UNITS 20 UNITS 16 UNITS 733 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR 1. VERY LOW: 20% OF MEDIAN a.Studio 1 211 1 211 b.1 BR, 1 BA 5 243 4 219 11 228 20 230 c.2 BR, 1 BA 1 243 3 253 5 252 1 238 10 250 d.2 BR, 2 BA 1 243 4 246 5 245 e.Totals 20%5 5 1 1 18 5 1 0 36 2. VERY LOW: 21-25% OF MEDIAN a.Studio 6 275 6 275 b.1 BR, 1 BA 15 315 4 295 5 303 32 301 56 304 c.2 BR, 1 BA 1 325 7 335 3 326 1 320 12 331 d.2 BR, 2 BA 3 325 10 335 13 333 e.Totals 21-25%15 10 6 3 49 3 1 0 87 3. VERY LOW: 26-30% OF MEDIAN a.Studio 1 341 1 341 b.1 BR, 1 BA 12 393 3 372 2 380 11 387 28 387 c.2 BR, 1 BA 1 391 3 421 2 379 1 406 1 411 8 404 d.2 BR, 2 BA 4 411 8 421 12 418 e.Totals 26-30%12 4 3 4 22 2 1 1 49 4. VERY LOW: 31-35% OF MEDIAN a.Studio 3 406 3 406 b.1 BR, 1 BA 7 464 1 441 11 452 19 456 c.2 BR, 1 BA 2 488 3 498 1 534 1 488 7 499 d.2 BR, 2 BA 4 488 11 498 15 495 e.Totals 31-35%7 4 2 4 25 1 0 1 44 5. VERY LOW: 36-40% OF MEDIAN a.Studio 2 466 2 466 b.1 BR, 1 BA 11 543 1 522 7 525 19 535 c.2 BR, 1 BA 3 570 7 580 3 565 3 570 16 573 d.2 BR, 2 BA 1 570 10 581 11 580 e.Totals 36-40%11 2 4 1 24 3 0 3 48 6. VERY LOW: 41-45% OF MEDIAN a.Studio 2 530 2 530 b.1 BR, 1 BA 11 610 4 594 10 606 25 606 c.2 BR, 1 BA 3 664 2 673 3 647 2 652 10 658 d.2 BR, 2 BA 12 659 12 659 e.Totals 41-45%11 2 4 0 25 2 3 2 49 7. VERY LOW: 46-50% OF MEDIAN a.Studio 4 598 4 598 b.1 BR, 1 BA 13 688 2 672 7 679 22 684 c.2 BR, 1 BA 1 732 2 740 8 752 4 748 3 735 18 746 d.2 BR, 2 BA 1 740 6 750 7 749 e.Totals 46-50%13 5 4 1 21 4 3 0 51 Total very low =74 32 24 14 184 20 9 7 364 ·Percent of total 52.86%52.46%53.33%58.33%50.14%57.14%47.37%46.67%51.56% 8. LOWER: 51-55% OF MEDIAN a.Studio 1 690 1 690 b.1 BR, 1 BA 7 759 2 732 7 747 16 750 c.2 BR, 1 BA 4 816 10 826 4 828 2 811 20 823 d.2 BR, 2 BA 4 816 8 826 12 823 e.Totals 51-55%7 2 5 4 25 4 2 0 49 9. LOWER: 56-60% OF MEDIAN a.Studio 2 740 2 740 b.1 BR, 1 BA 13 830 10 820 23 825 c.2 BR, 1 BA 2 898 3 908 1 900 2 905 2 898 10 903 d.2 BR, 2 BA 8 908 8 908 e.Totals 56-60%13 2 2 0 21 1 2 2 43 NEIGHBORS Sep-23 10/2/2023 CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 10/02/2023 Page 1 of 4 Rpt #1 Multi-Family 9.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT "MULTI-FAMILY"141 UNITS 64 UNITS 48 UNITS 24 UNITS 384 UNITS 36 UNITS 20 UNITS 16 UNITS 733 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR NEIGHBORS CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 10. LOWER: 61-65% OF MEDIAN a.Studio 1 785 1 785 2 785 b.1 BR, 1 BA 8 995 1 886 13 910 22 940 c.2 BR, 1 BA 1 933 6 990 3 975 2 975 1 980 13 979 d.2 BR, 2 BA 1 980 20 1,018 21 1,016 e.Totals 61-65%8 1 3 1 39 3 2 1 58 11. LOWER: 66-70% OF MEDIAN a.Studio 1 1,018 1 1,018 b.1 BR, 1 BA 3 1,154 2 1,133 6 1,148 11 1,147 c.2 BR, 1 BA 1 1,291 3 1,298 2 1,286 2 1,314 1 1,291 9 1,297 d.2 BR, 2 BA 7 1,280 7 1,280 e.Totals 66-70%3 3 1 0 16 2 2 1 28 12. LOWER: 71-75% OF MEDIAN a.Studio 2 1,018 2 1,018 b.1 BR, 1 BA 4 1,154 3 1,148 7 1,151 c.2 BR, 1 BA 1 1,390 2 1,400 2 1,385 1 1,385 6 1,391 d.2 BR, 2 BA 5 1,400 5 1,400 e.Totals 71-75%4 2 1 0 10 2 1 0 20 13. LOWER: 76-80% OF MEDIAN a.Studio 1 1,018 1 1,018 b.1 BR, 1 BA 4 1,154 1 1,148 5 1,153 c.2 BR, 1 BA 4 1,434 1 1,470 1 1,424 6 1,438 d.2 BR, 2 BA 3 1,434 3 1,434 e.Totals 76-80%4 1 0 0 8 1 0 1 15 Total lower =39 11 12 5 119 13 9 5 213 ·Percent of total 27.86%18.03%26.67%20.83%32.43%37.14%47.37%33.33%30.17% 14. MODERATE: 81-120% OF MEDIAN a.Studio 7 1,068 7 1,068 b.1 BR, 1 BA 26 1,163 7 1,181 2 1,223 26 1,150 61 1,162 c.2 BR, 1 BA 1 1,751 3 1,528 7 1,473 14 1,439 2 1,630 1 1,751 3 1,424 31 1,487 d.2 BR, 2 BA 1 1,751 5 1,489 24 1,481 30 1,492 Total moderate =27 18 9 5 64 2 1 3 129 Percent of total 19.29%29.51%20.00%20.83%17.44%5.71%5.26%20.00%18.27% 15. Total units occupied:140 61 45 24 367 35 19 15 706 16. Occupancy rate =99%95%94%100%96%97%95%94%96% NOTE: For each project, to calculate average rent for a unit type at an income level, divide the total rental income of that unit type at that income level by the number of occupied units of that unit type at that income level.Occ Rate excluding properties under const/renov 98% 10/02/2023 Page 2 of 4 Rpt #1 Multi-Family 9.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT REPORTING MONTH: REPORT DATE:REPORTED BY:TERESA VAKILI "SENIOR PROPERTIES"30 UNITS 73 UNITS 72 UNITS 27 UNITS 150 UNITS 15 UNITS 14 UNITS 381 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR 1. VERY LOW: 20% OF MEDIAN a.Studio 1 291 4 198 3 224 8 219 b.1 BR, 1 BA 2 222 1 328 1 222 5 260 4 238 13 250 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 20%2 2 5 5 7 0 0 21 2. VERY LOW: 21-25% OF MEDIAN a.Studio 10 364 13 261 17 293 40 300 b.1 BR, 1 BA 3 272 2 290 5 337 7 320 2 293 1 295 20 310 c.2 BR, 1 BA 1 322 1 322 d.2 BR, 2 BA 0 - e.Totals 21-25%4 10 15 5 24 2 1 61 3. VERY LOW: 26-30% OF MEDIAN a.Studio 6 441 6 328 15 369 27 376 b.1 BR, 1 BA 2 372 1 496 3 372 3 414 4 406 1 374 2 372 16 396 c.2 BR, 1 BA 1 408 1 408 d.2 BR, 2 BA 0 - e.Totals 26-30%3 7 9 3 19 1 2 44 4.VERY LOW: 31-35% OF MEDIAN a.Studio 5 510 5 389 10 436 20 443 b.1 BR, 1 BA 5 429 2 573 7 441 3 483 7 483 5 443 3 441 32 461 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 31-35%5 7 12 3 17 5 3 52 5. VERY LOW: 36-40% OF MEDIAN a.Studio 9 585 5 453 7 516 21 530 b.1 BR, 1 BA 3 514 1 655 2 514 2 556 4 565 1 516 2 521 15 544 c.2 BR, 1 BA 1 567 1 567 d.2 BR, 2 BA 0 - e.Totals 36-40%4 10 7 2 11 1 2 37 6. VERY LOW: 41-45% OF MEDIAN a.Studio 6 664 3 517 10 588 19 601 b.1 BR, 1 BA 3 586 1 586 8 648 3 588 1 586 16 617 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 41-45%3 6 4 0 18 3 1 35 7. VERY LOW: 46-50% OF MEDIAN a.Studio 6 733 3 585 6 666 15 677 b.1 BR, 1 BA 4 664 2 825 2 664 1 706 5 735 1 666 3 664 18 704 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 46-50%4 8 5 1 11 1 3 33 Total very low =25 50 57 19 107 13 12 283 ·Percent of total 89.29%69.44%83.82%73.08%74.83%86.67%85.71%77.32% 8. LOWER: 51-55% OF MEDIAN a.Studio 4 801 4 644 3 734 11 726 b.1 BR, 1 BA 1 732 1 901 2 732 1 774 4 811 2 734 11 780 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 51-55%1 5 6 1 7 2 0 22 9. LOWER: 56-60% OF MEDIAN a.Studio 2 874 3 807 5 834 b.1 BR, 1 BA 1 805 3 805 3 847 1 893 1 842 9 833 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 56-60%1 2 3 3 4 0 1 14 Sep-23 10/2/2023 PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 10/02/2023 Page 3 of 4 Rpt #1 Senior 9.23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT "SENIOR PROPERTIES"30 UNITS 73 UNITS 72 UNITS 27 UNITS 150 UNITS 15 UNITS 14 UNITS 381 UNITS OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR OCC AR PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 10. LOWER: 61-65% OF MEDIAN a.Studio 6 947 6 880 12 914 b.1 BR, 1 BA 1 975 1 878 2 927 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 61-65%0 6 0 0 7 0 1 14 11. LOWER: 66-70% OF MEDIAN a.Studio 3 1,202 2 1,135 5 1,175 b.1 BR, 1 BA 1 1,133 1 1,133 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 66-70%0 3 1 0 2 0 0 6 12. LOWER: 71-75% OF MEDIAN a.Studio 4 1,202 1 1,135 5 1,189 b.1 BR, 1 BA 1 1,175 2 1,417 3 1,336 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 71-75%0 4 0 1 3 0 0 8 13. LOWER: 76-80% OF MEDIAN a.Studio 1 1,202 2 1,135 3 1,157 b.1 BR, 1 BA 1 1,419 1 1,419 c.2 BR, 1 BA 0 - d.2 BR, 2 BA 0 - e.Totals 76-80%0 1 0 0 3 0 0 4 Total lower =2 21 10 5 26 2 2 68 Percent of total 7.14%29.17%14.71%19.23%18.18%13.33%14.29%18.58% 14. MODERATE: 81-120% OF MEDIAN a.Studio 1 1,281 8 1,135 9 1,151 b.1 BR, 1 BA 2 1,287 2 1,585 4 1,436 c.2 BR, 1 BA 1 1,751 1 1,751 d.2 BR, 2 BA 1 1,751 1 1,751 Total moderate =1 1 1 2 10 0 0 15 Percent of total 3.57%1.39%1.47%7.69%6.99%0.00%0.00%4.10% 15. Total units occupied:28 72 68 26 143 15 14 366 16. Occupancy rate =93%99%94%96%95%100%100%96%NOTE: For each project, to calculate average rent for a unit type at an income level, divide the total rental income of that unit typeat that income level by the number of occupied units of that unit type at that income level.Occ Rate excluding properties under const/renov 97% 10/02/2023 Page 4 of 4 Rpt #1 Senior 9.23 REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Sep-23 "MULTI-FAMILY PROPERTIES"REPORTED BY: Teresa Vakili REPORT DATE: 10/2/2023 CALIFORNIA DESERT LAGUNA ONE QUAIL PALM SANTA TAOS MONTHLY INCOME LEVEL AVAILABLE VILLAS POINTE PALMS PLACE VILLAGE ROSA PALMS TOTALS OF OCCUPANT UNITS 141 64 48 24 384 36 20 16 733 REVENUE VERY LOW Up to 50% Occupied units 74 32 24 14 184 20 9 7 364 Total rental income 35,531 12,149 11,642 6,124 85,184 9,563 5,110 3,913 169,216 Per occupied unit 480 380 485 437 463 478 568 559 465 LOWER: 51% --> 80% Occupied units 39 11 12 5 119 13 9 5 213 Total rental income 36,757 10,067 11,035 4,244 120,587 13,949 9,395 5,491 211,525 Per occupied unit 942 915 920 849 1,013 1,073 1,044 1,098 993 MODERATE: 81% --> 120% Occupied units 27 18 9 5 64 2 1 3 129 Total rental income 31,989 22,078 12,757 7,445 85,590 3,260 1,751 4,272 169,142 Per occupied unit 1,185 1,227 1,417 1,489 1,337 1,630 1,751 1,424 1,311 Summary Income: Rental 104,277 44,294 35,434 17,813 291,361 26,772 16,256 13,676 549,883 Other Income: Laundry 266 - - - 2,475 - - - 2,741 Other (619) (4,485) 4,644 (3,256) 14,356 (1,658) (2,768) 929 7,143 Total Operating Income 103,924 39,809 40,078 14,557 308,192 25,114 13,488 14,605 559,768 Occupied Units 140 61 45 24 367 35 19 15 706 Income per occupied unit 742 653 891 607 840 718 710 974 793 EXPENSES Operating Expenses: Payroll 35,902 18,856 17,835 6,506 130,069 9,916 7,635 5,154 231,872 Per occupied unit 256 309 396 271 354 283 402 344 328 Administrative 8,090 3,520 3,146 1,270 28,965 3,097 1,114 1,067 50,268 Per occupied unit 58 58 70 53 79 88 59 71 71 Advertising/Promotion - - - - 91 - - - 91 Per occupied unit - - - - 0 - - - 0 Contract Services 6,678 3,279 3,551 4,467 29,546 2,261 2,886 2,036 54,705 Per occupied unit 48 54 79 186 81 65 152 136 77 Utility Services 29,065 10,598 4,713 2,202 67,736 2,619 1,959 1,455 120,347 Per occupied unit 208 174 105 92 185 75 103 97 170 Maintenance 11,581 3,183 7,276 2,735 60,618 8,008 6,513 3,684 103,598 Per occupied unit 83 52 162 114 165 229 343 246 147 Replacement expense 2,935 613 5,765 1,621 42,763 2,784 620 1,800 58,901 Per occupied unit 21 10 128 68 117 80 33 120 83 Capital expense - - - - - - - - - Per occupied unit - - - - - - - - - Total Operating Expenses 94,250 40,049 42,286 18,801 359,789 28,686 20,727 15,196 619,783 Per occupied unit 673 657 940 783 980 820 1,091 1,013 878 Summary Revenue and Expenses Total Operating Income 103,924 39,809 40,078 14,557 308,192 25,114 13,488 14,605 559,768 Total Operating Expenses 94,250 40,049 42,286 18,801 359,789 28,686 20,727 15,196 619,783 Monthly Net Operating Income 9,674 (240) (2,208) (4,244) (51,597) (3,572) (7,239) (591) (60,015) Per occupied unit 69 (4) (49) (177) (141) (102) (381) (39) (85) FYTD Net Operating Income* 116,964 34,456 11,592 8,471 294,484 32,776 (2,131) 1,341 497,953 Previous Fiscal Year NOI (6/30/2023)*381,408 110,067 (6,481) 39,668 1,202,230 76,372 (1,254) 23,691 1,825,701 NEIGHBORS * For comparison purposes, Net Operating Income YTD excludes all capital expenditures and corresponding reimbursement, as those are typically paid from replacement reserve funds and/or bond funds at this time (not PDHA revenue). 10/02/2023 Page 1 of 2 Rpt #2 Multi-Family 9.23 REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Sep-23 "SENIOR PROPERTIES"REPORTED BY: Teresa Vakili REPORT DATE: 10/2/2023 CANDLEWOOD CARLOS CATALINA LA ROCCA LAS PUEBLOS SAGECREST MONTHLY INCOME LEVEL AVAILABLE ORTEGA GARDENS VILLAS SERENAS SR.TOTALS OF OCCUPANT UNITS 30 73 72 27 150 15 14 381 REVENUE VERY LOW: Up to 50% Occupied units 25 50 57 19 107 13 12 283 Total rental income 11,402 27,049 21,616 7,494 48,352 6,121 5,981 128,015 Per occupied unit 456 541 379 394 452 471 498 452 LOWER: 51% --> 80% Occupied units 2 21 10 5 26 2 2 68 Total rental income 1,537 21,151 7,588 4,490 24,943 1,468 1,720 62,897 Per occupied unit 769 1,007 759 898 959 734 860 925 MODERATE: 81% --> 120% Occupied units 1 1 1 2 10 - - 15 Total rental income 1,751 1,751 1,281 2,574 12,250 19,607 Per occupied unit 1,751 1,751 1,281 1,287 1,225 1,307 Summary Income: Rental 14,690 49,951 30,485 14,558 85,545 7,589 7,701 210,519 Other Income: Laundry - - 14 - - 14 - 28 Other (1,746) (1,068) (1,930) (41) 1,046 (51) - (3,790) Total operating income 12,944 48,883 28,569 14,517 86,591 7,552 7,701 206,756 Occupied Units 28 72 68 26 143 15 14 366 Income per occupied unit 462 679 420 558 606 503 550 565 EXPENSES Operating Expenses: Payroll 9,363 24,532 21,543 8,409 20,076 5,613 4,020 93,556 Per occupied unit 334 341 317 323 140 374 287 256 Administrative 1,771 7,041 4,677 1,338 8,636 764 707 24,934 Per occupied unit 63 98 69 51 60 51 51 68 Advertising/promotion - - 123 - - - - 123 Per occupied unit - - 2 - - - - 0 Contract services 3,111 3,508 4,656 2,815 6,610 1,810 4,315 26,826 Per occupied unit 111 49 68 108 46 121 308 73 Utility services 3,961 20,384 7,144 3,158 19,578 1,252 1,230 56,708 Per occupied unit 141 283 105 121 137 83 88 155 Maintenance 4,434 3,913 12,272 848 22,110 939 111 44,627 Per occupied unit 158 54 180 33 155 63 8 122 Replacement expense 2,367 3,800 10,344 244 6,225 4,124 2,050 29,155 Per occupied unit 85 53 152 9 44 275 146 80 Capital expense - - - - - - - - Per occupied unit - - - - - - - - Total Operating Expenses 25,008 63,178 60,759 16,813 83,236 14,501 12,432 275,928 Per occupied unit 893 877 894 647 582 967 888 754 Summary Revenue and Expenses Total Operating Income 12,944 48,883 28,569 14,517 86,591 7,552 7,701 206,756 Total Operating Expenses 25,008 63,178 60,759 16,813 83,236 14,501 12,432 275,928 Monthly Net Operating Income (12,064) (14,295) (32,190) (2,296) 3,355 (6,950) (4,731) (69,172) Per occupied unit (431) (199) (473) (88) 23 (463) (338) (189) FYTD Net Operating Income* (4,479) 44,142 (22,973) 9,610 98,152 220 3,177 127,849 Previous Fiscal Year NOI (6/30/2023)* (34,743) 100,758 (74,162) (31,472) 316,792 (20,170) (1,619) 255,384 * For comparison purposes, Net Operating Income YTD excludes all capital expenditures and corresponding reimbursement, as those are typically paid from replacement reserve funds and/or bond funds at this time (not PDHA revenue) 10/02/2023 Page 2 of 2 Rpt #2 Senior 9.23 Palm Desert Housing Authority Project Report September 2023 1 California Villas - 141 Units 77-107 California Drive •Completed three (3) make ready units which include painting, cleaning and maintenance •Repaired and refinished tub and enclosure in occupied unit #C-1 •Irrigation repair by Buildings A, F, H and I •Cleaned and detailed pool, exterior light fixtures, dumpsters and enclosures •Cleaned debris and leaves around sidewalks, parking lots and carports 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 12 0 / 0 3 / 0 0 4 Candlewood - 30 Units 74-000 Shadow Mountain Drive •Replaced leaking water supply line to water heater in unit #14 •Pool pump repair, replaced leaking seal plate with gasket •Irrigation repair by units #3, #10 and pool area •Checked all fire extinguishers •Cleaned debris and leaves around parking lots and carports •Cleaned and detailed top railings, elevator, pools, laundry room, dumpsters and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 25 0 / 0 0 / 0 0 0 Carlos Ortega Villas – 73 Units 77-915 Avenue of the States •Detailed clubhouse, office, pool and laundry rooms •Cleaned debris and leaves around sidewalks, parking lots and carports 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 27 0 / 0 0 / 0 0 0 Palm Desert Housing Authority Project Report September 2023 2 Catalina Gardens - 72 Units 73-600 Catalina Way •Repaired and refinished kitchen countertop, vanity, tub and enclosure in unit #N-1 •Refinished vanity, tub and enclosure in unit #I-3 •Replaced carpet with vinyl in unit #B-3, reasonable accommodation •Irrigation repair by unit #P-4, Buildings A, C, N, K and S •Inspected all fire extinguishers throughout the property •Detailed office, clubhouse, pool, restrooms, mailboxes and laundry room •Cleaned debris and leaves around walkways, carports, dumpster and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 33 0 / 0 0 / 0 0 0 Desert Pointe - 64 Units 43-805 Monterey Avenue •Completed two (2) make ready units which include painting, cleaning and maintenance •Steam cleaned carpet in the leasing office •Cleaned up river rocks along the Monterey street after the storm •Demo playground and installed grass and plants •Detailed laundry rooms •Cleaned and detailed workshop, mailbox area, pool area and furniture •Cleaned debris and leaves around walkways, dumpster area, parking lots and carports 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 13 0 / 1 0 / 1 0 0 Laguna Palms - 48 Units 73-875 Santa Rosa Way •Replaced old and damaged vinyl in occupied units #36 and #40 •Replaced carpet in the bedroom and living room of unit #11, make ready unit •Steam cleaned carpet in the leasing office •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed laundry, pool area, dumpsters and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 18 0 / 3 0 / 0 0 0 Palm Desert Housing Authority Project Report September 2023 3 La Rocca Villas - 27 Units 72-135 Golden Eagle Lane •Detailed clubhouse, restrooms and laundry room •Cleaned walkways, benches, lamp posts, exterior light fixtures and carports throughout the property •Cleaned debris and leaves around walkways, dumpster areas, parking lots and carports 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 9 0 / 0 0 / 0 0 0 Las Serenas - 150 Units 73-315 Country Club Drive •Completed three (3) make ready units which include painting, cleaning and maintenance •Repaired and refinished tub and enclosure in the bathroom of unit #233 •Cleaned air ducts in unit #178, reasonable accommodation •Irrigation repair by unit #235 •Cleaned office, clubhouse, pool furniture, laundry and restrooms •Cleaned debris and leaves in carports and throughout the property •Cleaned and detailed lamp posts, exterior light fixtures, dumpsters and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 79 0 / 0 0 / 0 0 0 Neighbors - 24 Units 73-535 Santa Rosa Way •Replaced damaged vinyl in the guest bedroom of unit #5 due to the storm •Replaced A/C in unit #12 •Replaced cracked concretes in the entrance of the parking lot •Cleaned and detailed pool, stairs, exterior light fixtures, dumpsters and enclosures •De-webbed, cleaned debris and leaves throughout the property 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 4 0 / 1 0 / 0 0 0 Palm Desert Housing Authority Project Report September 2023 4 One Quail Place - 384 Units 72-600 Fred Waring Dr. •Completed five (5) make ready units which include painting, cleaning, and maintenance •Replaced cracked shower tub in the bathroom of unit #2705 •Repaired a leak coming from the kitchen ceiling hot water copper line in unit #1903 and patched drywall after the leak repair was done •Installed new walk-in shower in the bathroom of unit #3905, old shower stall was cracked •Installed vinyl throughout units #2111 and #3905 due to reasonable accommodation •Steam cleaned carpet in the leasing office •Replaced circulation pump basket for pool #2 and pool #3 •Replaced autofill valve for spa #2 and skimmer b asket for spa #3 •Replaced landscape light post near the parking lot in Building 21 •Removal of two dead trees with stump •Irrigation repair near unit #1505, Buildings 4, 8, 24, 30 and pool #2 •Detailed laundry rooms •De-webbed, cleaned debris and leaves throughout the property •Cleaned and detailed boiler area, pools, sidewalks, parking areas, dumpsters and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 139 1 / 2 7 / 3 2 0 Palm Village - 36 Units 73-650 Santa Rosa Way •Completed one (1) make ready unit which includes painting, cleaning, and maintenance •Refinished tub and enclosure in the bathroom of units #213 and #312 •Replaced landscape light post located eastside of parking lot, damaged from the storm •Installed 35 tons of Wash sand for playground area •Detailed laundry •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed stairs, dumpster areas and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 16 0 / 0 2 / 0 3 0 Palm Desert Housing Authority Project Report September 2023 5 Pueblos - 15 Units 73-695 Santa Rosa Way •Detailed laundry room •Refilled eroded areas in the back patios of unit #107 through unit #111 •Checked all fire extinguishers •Cleaned and detailed pool, pool furniture, dumpster area and enclosures •De-webbed and cleaned debris and leaves throughout property 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 19 0 / 0 0 / 0 0 0 Sage Crest Senior - 14 Units 73-811 Santa Rosa Way •Elevator annual testing •Checked all fire extinguishers •Power washed dumpster area and enclosures •De-webbed and cleaned debris and leaves throughout the property 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 11 0 / 0 0 / 0 0 0 Santa Rosa – 20 Units 73-625 Santa Rosa Way •Completed two (2) make ready units which include painting, cleaning and maintenance •Detailed laundry room •Repaired leaking shower drain from the upstairs bathroom of unit #8 and replaced drywall ceiling in downstairs unit #6 that was damaged from the leak •Cleaned stairs and light fixtures throughout property •De-webbed, cleaned debris and leaves around parking lots, dumpster area and enclosures 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 9 0 / 0 1 / 1 0 0 Palm Desert Housing Authority Project Report September 2023 6 Taos Palms - 16 Units 44-830 Las Palmas •Completed one (1) make ready unit which includes painting, cleaning and maintenance •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed walkways, pool, dumpster areas and enclosures •De-webbed, cleaned debris and leaves throughout the property 08/31/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 1 0 / 1 0 / 0 0 0 ALL PDHA PROPERTIES: •Annual tree trimming completed for all properties •Scalped and over seeded turf areas 08/31/23 TOTALS # of Service Request(s) TOTALS #Carpet/Vinyl Replacement Service Request(s) TOTALS #Carpet/Vinyl Replacement Move Out(s) TOTALS #Appliance(s) Replacement Service Request(s) TOTALS #Appliance(s) Replacement Move Out(s) 415 1 / 8 13 / 5 5 4 Palm Desert Housing Authority Project Report October 2023 1 California Villas - 141 Units 77-107 California Drive •Completed three (3) make ready units which include painting, cleaning and maintenance •Replaced leaking toilet in the bathroom of unit #F-19, extracted water and steam cleaned carpet that was water damaged •Mold remediation in unit #G-19, tested air quality and result was clear •Repaired and refinished tub and enclosure in units #I-1 and #J-1 •Repaired and refinished kitchen counter, vanity, tub and enclosure in unit #E-11 •Repaired and refinished counter tops in the pool bathrooms •Installed new water heater in unit #F-16 •Irrigation repair by Buildings A, H, units #I-8 and #F-13 •Cleaned and detailed pool, exterior light fixtures, dumpsters and enclosures •Cleaned debris and leaves around sidewalks, parking lots and carports 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 25 0 / 0 0 / 2 0 1 Candlewood - 30 Units 74-000 Shadow Mountain Drive •Installed grab bar in the bathroom of unit #10, reasonable accommodation •Installed new water heater in unit #22 •Termite treatment in units #2 and #4 •Irrigation repair by units #4 and #C •Checked all fire extinguishers •Cleaned debris and leaves around parking lots and carports •Cleaned and detailed top railings, elevator, pools, laundry room, dumpsters and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 12 0 / 0 0 / 0 0 0 Carlos Ortega Villas – 73 Units 77-915 Avenue of the States •Completed one (1) make ready unit which includes painting, cleaning and maintenance •Replaced cracked kitchen counter top in unit #906 •Replaced carpet in unit #806 •Detailed clubhouse, office, pool and laundry rooms •Cleaned debris and leaves around sidewalks, parking lots and carports 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 16 0 / 0 1 / 0 0 0 Palm Desert Housing Authority Project Report October 2023 3 La Rocca Villas - 27 Units 72-135 Golden Eagle Lane •Detailed clubhouse, restrooms and laundry room •Bio-hazard clean out inside unit #42203, unattended death •Irrigation repair next to unit #42161 •Cleaned walkways, benches, lamp posts, exterior light fixtures and carports throughout the property •Cleaned debris and leaves around walkways, dumpster areas, parking lots and carports 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 14 0 / 0 0 / 0 0 0 Las Serenas - 150 Units 73-315 Country Club Drive •Completed three (3) make ready units which include painting, cleaning and maintenance •Cleaned air ducts in unit #237, previous tenant was a heavy smoker •Converted tub into walk-in shower in the bathroom of unit #237 •Replaced a section of leaking ABS pipe in the bathroom of unit #208 •Installed new water heater in units #153 and #220 •Irrigation repair by units #162, #214, Buildings B, C, D and H •Replaced pool filter for pool #3 •Cleaned office, clubhouse, pool furniture, laundry and restrooms •Cleaned debris and leaves in carports and throughout the property •Cleaned and detailed lamp posts, exterior light fixtures, dumpsters and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 36 0 / 0 4 / 4 2 2 Neighbors - 24 Units 73-535 Santa Rosa Way •Cleaned and detailed pool, stairs, exterior light fixtures, dumpsters and enclosures •De-webbed, cleaned debris and leaves throughout the property 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 1 0 / 0 0 / 0 0 0 Palm Desert Housing Authority Project Report October 2023 4 One Quail Place - 384 Units 72-600 Fred Waring Dr. •Completed two (2) make ready units which include painting, cleaning, and maintenance •Replaced broken sliding glass door and window in unit #803 •Repaired and refinished tub and enclosure in the bathroom of unit #3404 •Installed wheelchair ramp for unit #907, reasonable accommodation •Replaced heater for pool #1, leaking internally and could not be repaired •Replaced underwater light fixture for spa #1, spa #3 and pool #3 •Replaced burnt out underwater light fixture bulb and gasket for pool #1, pool #2 and pool #3 •Replaced filter for pool #2 and spa #1 •Replaced four (4) tires for two (2) golf carts •Repaired leaking water service main line located on the corner of the maintenance building and Building 20 •Repaired leaking fountain pump located in the front of the property, replaced pump seal place and gasket •Irrigation repair near Building 2 •Detailed laundry rooms •De-webbed, cleaned debris and leaves throughout the property •Cleaned and detailed boiler area, pools, sidewalks, parking areas, dumpsters and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 108 0 / 1 3 / 1 1 0 Palm Village - 36 Units 73-650 Santa Rosa Way •Refinished tub and enclosure in the bathroom of unit #323 •Repaired tile grout around the kitchen sink of unit #312 •Extracted water, replaced pad and steamed clean carpet inside the bedroom closet of unit #211 •Irrigation repair by unit #315 •Detailed laundry •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed stairs, dumpster areas and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 13 0 / 0 0 / 0 0 2 Palm Desert Housing Authority Project Report October 2023 5 Pueblos - 15 Units 73-695 Santa Rosa Way •Detailed laundry room •Installed new water heater in units #104 and #107 •Checked all fire extinguishers •Cleaned and detailed pool, pool furniture, dumpster area and enclosures •De-webbed and cleaned debris and leaves throughout property 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 29 0 / 0 0 / 0 0 0 Sage Crest Senior - 14 Units 73-811 Santa Rosa Way •Performed five (5) year fire sprinkler inspection •Checked all fire extinguishers •Power washed dumpster area and enclosures •De-webbed and cleaned debris and leaves throughout the property 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 15 0 / 0 0 / 0 0 0 Santa Rosa – 20 Units 73-625 Santa Rosa Way •Detailed laundry room •Repaired and refinished tub and enclosure in the bathroom of unit #20 •Irrigation repair by units #6 and #18 •Cleaned stairs and light fixtures throughout property •De-webbed, cleaned debris and leaves around parking lots, dumpster area and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 9 0 / 0 0 / 0 0 0 Palm Desert Housing Authority Project Report October 2023 6 Taos Palms - 16 Units 44-830 Las Palmas •Replaced ceiling drywall in unit #9 due to water damage from the leak •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed walkways, pool, dumpster areas and enclosures •De-webbed, cleaned debris and leaves throughout the property 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 3 0 / 0 0 / 0 0 0 ALL PDHA PROPERTIES: •Unit inspection for all PDHA properties 09/30/23 TOTALS # of Service Request(s) TOTALS #Carpet/Vinyl Replacement Service Request(s) TOTALS #Carpet/Vinyl Replacement Move Out(s) TOTALS #Appliance(s) Replacement Service Request(s) TOTALS #Appliance(s) Replacement Move Out(s) 361 0 / 4 10 / 9 3 6 Palm Desert Housing Authority Project Report October 2023 2 Catalina Gardens - 72 Units 73-600 Catalina Way •Completed one (1) make ready unit which includes painting, cleaning and maintenance •Refinished tub and enclosure in unit #A-3 •Replaced vinyl in the kitchen and bathroom of unit #D-1 •Replaced leaking tub spout in the bathroom of unit #D-2, extracted water from carpet and pad and replaced water damaged drywall caused from the leak •Installed new water heater in unit #G-3 •Performed 5 year inspection for the fire sprinklers •Inspected all fire extinguishers throughout the property •Detailed office, clubhouse, pool, restrooms, mailboxes and laundry room •Cleaned debris and leaves around walkways, carports, dumpster and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 63 0 / 2 2 / 2 0 1 Desert Pointe - 64 Units 43-805 Monterey Avenue •Repaired and refinished tub and enclosure in the bathroom of units #1 and #42 •Irrigation repair along Monterey Avenue •Detailed laundry rooms •Cleaned and detailed workshop, mailbox area, pool area and furniture •Cleaned debris and leaves around walkways, dumpster area, parking lots and carports 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 7 0 / 0 0 / 0 0 0 Laguna Palms - 48 Units 73-875 Santa Rosa Way •Completed one (1) make ready unit which includes painting, cleaning and maintenance •Irrigation repair by units #6, #29, pool area and the leasing office •Refinished tub and enclosure in the bathroom of units #17, #36 and #42 •Cleaned and checked all light fixtures throughout the property •Cleaned and detailed laundry, pool area, dumpsters and enclosures 09/30/23 # of Service Request(s) #Carpet/Vinyl Replacement Service Request(s) #Carpet/Vinyl Replacement Move Out(s) #Appliance(s) Replacement Service Request(s) #Appliance(s) Replacement Move Out(s) 10 0 / 1 0 / 0 0 0 LAS SERENAS RENOVATION UNIT 229 Housing Commission December 13, 2023 Before After Before After Before After Before After Before After ONE QUAIL PLACE RENOVATION UNIT 2715 Housing Commission December 13, 2023 Before After Before After Before After Before After Before After Before After Before After Month of:September 2023 Inquiries (call, email, walkin)5 Applications Provided 2 Applications Received 0 Eligible 0 Ineligible (does not meet program criteria)0 Referral to Energy Savings Assistance Program 0 Referral to Brush with Kindness 0 Month of:October 2023 Inquiries (call, email, walkin)4 Applications Provided 4 Applications Received 0 Eligible 0 Ineligible (does not meet program criteria)0 Referral to Energy Savings Assistance Program 0 Referral to Brush with Kindness 0 Month of:November 2023 Inquiries (call, email, walkin)3 Applications Provided 1 Applications Received 2 Eligible 0 Ineligible (does not meet program criteria)2 Referral to Energy Savings Assistance Program 0 Referral to Brush with Kindness 2 Home Improvement Program Activity Report HOUSING COMMISSION Year 2023 2023 2023 2023 2023 2023 2023 2023 2023 2023 2022 2022 Month Oct Sept Aug Jul Jun May Apr Mar Feb Jan Dec Nov Day 11 --13 14 -26 8 8 11 14 9 Bauer, Kathleen P - - P P -P P P -P E 0 1 Buller, Jan P - - P P -P P P -P P 0 0 Docken, Olivia P Moore, Dominic P Morrison, Melody P - - P P -P P P -P P 0 0 Siddiq, Franchon-Marie P - - P -0 0 P Present P Remote A Absent E Excused -No Meeting Resigned/Not Yet Appointed Palm Desert Municipal Code 2.34.010 Monthly: Three unexcused absences from regular meeting in any twelve-month period shall constitute an automatic resignation of members holding office on boards that meet monthly. Please contact the Recording Secretary to discuss any attendance concerns. Total Absences Unexcused Excused