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2024-04-10 HC Regular Meeting Agenda Packet
HOUSING COMMISSION CITY OF PALM DESERT REGULAR MEETING AGENDA Wednesday, April 10, 2024 3:30 p.m. Administrative Conference Room, City Hall 73-510 Fred Waring Drive Palm Desert, CA 92260 Pursuant to Assembly Bill 2449, this meeting will be conducted as a hybrid meeting and there will be in-person access to this 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 cityclerk@palmdesert.gov. E-mails 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. • Pages 1.CALL TO ORDER 2.ROLL CALL 3.NONAGENDA PUBLIC COMMENTS 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. Speakers may utilize one of the three options listed on the first page of the agenda. Because the Brown Act does not allow the Housing 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 Agenda within the three-minute time limit. Individual items may be removed by the Housing Commission for a separate discussion. RECOMMENDATION: To approve the consent calendar as presented. 4.a APPROVAL OF MINUTES 5 RECOMMENDATION: Approve the Minutes of March 13, 2024. 5.CONSENT ITEMS HELD OVER 6.ACTION CALENDAR The public may comment on individual Action Items within the three-minute time limit. Speakers may utilize one of the three options listed on the first page of the agenda. 6.a APPROVAL OF PALM DESERT HOUSING AUTHORITY PROPOSED BUDGET FOR FY 2024-2025 9 RECOMMENDATION: Recommend the Palm Desert Housing Authority approve the proposed FY 2024-25 Palm Desert Housing Authority Budget and Capital Improvement Plan to be included for Board/Council consideration in the City of Palm Desert’s Comprehensive Annual Financial Plan for FY 2024-25. 7.INFORMATIONAL REPORTS & COMMENTS 7.a SUMMARY OF CITY COUNCIL AND HOUSING AUTHORITY ACTIONS 7.b FGA MONTHLY REPORTS 7.b.1 Monthly reports for February 2024 43 RECOMMENDATION: Receive Palm Desert Housing Authority property reports from Falkenberg/Gilliam & Associates for the month of February 2024. 7.b.2 Update on Renovations and Resident Activities 59 RECOMMENDATION: Receive written and verbal presentations from FGA. 7.c HOUSING COMMISSIONERS 7.d CITY COUNCIL LIAISON 7.e CITY STAFF 7.e.1 Home Improvement Program Activity Report for February 2024 71 RECOMMENDATION: Receive and file the Home Improvement Program Activity report for February 2024. Page 2 of 76 7.f ATTENDANCE REPORT 75 8.ADJOURNMENT The next Regular Meeting will be held on May 8, 2024. 9.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, Palm Desert Civic Center, 73-510 Fred Waring Drive, Palm Desert. Staff reports for all agenda items considered in open session, 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. 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 Senior Deputy Clerk Page 3 of 76 Page 4 of 75 Housing Commission Meeting City of Palm Desert Page 1 HOUSING COMMISSION CITY OF PALM DESERT, CALIFORNIA MINUTES 1. CALL TO ORDER A Regular Meeting of the Housing Commission was called to order by Chair Bauer on Wednesday, March 13, 2024, at 3:30 p.m., in the Administrative Conference Room, City Hall, located at 73-510 Fred Waring Drive, Palm Desert, California. 2. ROLL CALL Present: Commissioners Jann Buller, Dominic Moore, Melody Morrison*, Vice Chair Franchon-Marie Siddiq, and Chair Kathleen Bauer. *Commissioner Morrison participated from a remote location in accordance with the Brown Act. Absent: Commissioner Olivia Docken Liaison(s) Present: Councilmember Kathleen Kelly, City Council Liaison; Mayor Karina Quintanilla, City Council Liaison (Alt.) Staff Present: Jessica Gonzales, Housing Manager; Celina Cabrera, Management Analyst; Damian Olivares, Senior Administrative Assistant; and Monique Lomeli, Recording Secretary 3. NON-AGENDA PUBLIC COMMENT: None. 4. PRESENTATIONS: Council Member Kelly and Mayor Quintanilla presented former Commissioners Dennis Guinaw and Gregory Ballard with a certificates of appreciation for years of service on the Palm Desert Housing Commission. Wednesday March 13, 2024 3:30 p.m. Regular Meeting Page 5 of 75 Housing Commission Meeting Housing Commission Minutes March 13, 2024 City of Palm Desert Page 2 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES 5. CONSENT CALENDAR: MOTION BY VICE CHAIR SIDDIQ, SECOND BY COMMISSIONER BULLER, CARRIED 5-0, to approve the consent calendar. A. APPROVAL OF MINUTES MOTION BY VICE CHAIR SIDDIQ, SECOND BY COMMISSIONER BULLER, CARRIED 5-0, to approve the Regular Meeting minutes of January 10, 2024. CONSENT ITEMS HELD OVER: None. 6. ACTION CALENDAR A. REVIEW OF A REQUEST TO INCREASE THE NOT TO EXCEED AMOUNTS FOR HD SUPPLY FACILITIES MAINTENANCE, LTD., SERVICE FIRST, LLC., AND CURTIS ALLAN FLOORCOVERING FOR FISCAL YEAR 2023/24 Management Analyst Celina Cabrera presented a staff report and responded to Commissioner inquiries. Following discussion, MOTION BY VICE CHAIR SIDDIQ, SECOND BY COMMISSIONER MORRISON, CARRIED 4-1 (MOORE VOTING NO), to recommend the Palm Desert Housing Authority: 1. Authorize an increase of $60,000 to the not to exceed amount of HD Supply Facilities Maintenance in Fiscal Year 2023-24 for an aggregate amount of $310,000. 2. Authorize an increase of $15,000 to the not to exceed amount of Service First, LLC in Fiscal Year 2023-24 for an aggregate amount of $50,000. 3. Authorize an increase of $35,000 to the not to exceed amount of Curtis Allan Floorcovering, Inc. in Fiscal Year 2023-24 for an aggregate amount of $285,000. 4. Appropriate $110,000 from the Housing Authority’s Unobligated 871 Fund Balance to the FY 2023-24 operating budget in the appropriate account for each of the 15 Housing Authority Properties. 5. Authorize the Executive Director or his designee to take any necessary actions to facilitate execution of amended agreements with Curtis Allan and Service First and any documents necessary to effectuate the actions taken herewith. 7. INFORMATIONAL REPORTS & COMMENTS The following written reports were included with the agenda materials: A. FALKENBERG/GILLIAM & ASSOCIATES (FGA) MONTHLY REPORTS FOR DECEMBER 2023 1. Occupancy Status Report 2. Occupancy & Average Rent Summary Page 6 of 75 Housing Commission Meeting Housing Commission Minutes March 13, 2024 City of Palm Desert Page 3 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES 3. Report #1 – Occupancy & Average Rent Statement 4. Report #2 – Net Operating Income Statement 5. Palm Desert Housing Authority Project Report B. FGA MONTHLY REPORTS FOR JANUARY 2024 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 Project Report Cyndi Karp, Falkenberg/Gilliam & Associates (FGA), provided a verbal summary of the written reports for Items A and B, and responded to Commissioner inquiries. Charles Eldred, Falkenberg/Gilliam & Associates (FGA), provided information regarding the efforts to document work orders and responded to Commissioner inquiries. C. HOUSING COMMISSIONERS None. D. CITY COUNCIL LIAISON City Council Liaison Councilmember Kelly reported on the Crossings at Palm Desert groundbreaking event and responded to Commissioner inquiries. E. CITY STAFF Recording Secretary Lomeli advised the Commission of potential changes to the April meeting date. Housing Manager Gonzales provided information regarding a critical event at one of the Housing Authority properties and reported that the City will be implementing methods to increase collaboration between property managers, the City, and responding parties. F. HOME IMPROVEMENT ACTIVITY REPORT FOR JANUARY2024 Housing Manager Gonzales provided a verbal summary of the written report that was included in the agenda materials. G. ATTENDANCE REPORT The attendance report was provided with the agenda materials. The Commission took no action on this matter. 8. PRESENTATIONS A. RESIDENT UPDATE Cyndi Karp, Falkenberg/Gilliam & Associates (FGA), narrated a PowerPoint presentation detailing recent social events in the resident services rooms at Las Page 7 of 75 Housing Commission Meeting Housing Commission Minutes March 13, 2024 City of Palm Desert Page 4 ALL ACTIONS ARE DRAFT, PENDING APPROVAL OF THE MINUTES Serenas and Carlos Ortega Villas. 9. ADJOURNMENT The Housing Commission adjourned at 4:28 p.m. Respectfully submitted, Monique Lomeli, Senior Deputy Clerk Recording Secretary ATTEST: Jessica Gonzales, Housing Manager Secretary APPROVED BY THE HOUSING COMMISSION: __/__/2024 Page 8 of 75 Housing Commission Meeting Page 1 of 1 HOUSING COMMISSION CITY OF PALM DESERT STAFF REPORT MEETING DATE: April 10, 2024 PREPARED BY: Jessica Gonzales, Housing Manager REQUEST: APPROVAL OF THE PROPOSED FY 2024-25 PALM DESERT HOUSING AUTHORITY BUDGET AND CAPITAL IMPROVEMENT PLAN RECOMMENDATION: Recommend the Palm Desert Housing Authority approve the proposed FY 2024-25 Palm Desert Housing Authority Budget and Capital Improvement Plan to be included for Board/Council consideration in the City of Palm Desert’s Comprehensive Annual Financial Plan for FY 2024 - 25. FINANCIAL IMPACT: This will be presented to the Housing Authority Board for approval at a future meeting. ATTACHMENTS: 1. Memo to Housing Commission, dated April 10, 2024, PDHA Budget FY 2024-2025 2. PDHA FY 2024-2025 Operations Budget (HC) 3. PDHA FY 2024-2025 Replacement Budget 4. PDHA FY 2024-2025 Capital Budget and 5-year plan Page 9 of 75 Housing Commission Meeting Page 10 of 75 Housing Commission Meeting PALM DESERT HOUSING AUTHORITY MEMORANDUM TO: VERONICA CHAVEZ, DIRECTOR OF FINANCE FROM: JESSICA GONZALES, HOUSING MANAGER DATE: April 10, 2024 SUBJECT: PROPOSED FY 2024/2025 PALM DESERT HOUSING AUTHORITY BUDGET Attached you will find the proposed FY 2024/2025 Palm Desert Housing Authority (“Housing Authority”) budget for your review. This will be an Action Item on the April 10, 2024, Housing Commission Agenda. The Housing Authority is responsible for the administrative costs associated with operating the fifteen (15) Housing Authority properties as well as other housing program functions. Previously these costs were borne by the former Palm Desert Redevelopment Agency’s Low/Mod Housing Set-Aside Fund. To the extent that funds are available, a reimbursement for other housing programs and costs will be funded by the properties’ positive net income, until such time as an alternative funding source can be identified. The proposed FY 2024/2025 Housing Authority budget includes the expected revenues and expenditures for the administration and operations of the Authority Properties. The overall projected net income for all fifteen properties is expected to be approximately $1,310,932. The increase in Net Operating Income (“NOI”) as compared to FY 2023/2024 Budget is primarily attributable to an increase in rental income of approximately $ 594,765. There has been an increase in expenses compared to FY 2023/2024 budget of approximately $979,853 based on inflation costs to contracted services, repair and maintenance supplies, and utility services. With this being the first budget proposed by Falkenberg/Gilliam & Associates (“FGA”), this budget will serve as the benchmark for their operations and management. Although FGA analyzed expenditures and revenues, it has been a short period since their onboarding to be immersed in the needs of the properties to assess and budget what is truly needed. Staff will be monitoring the budget closely to determine if there is a need to make any changes on a quarterly basis. The Housing Authority continues to complete many of the replacement expenditures as suggested in the 30-year Replacement Reserve Study. Replacement expenses include items that are not routine. This would include the replacement of items such as HVAC/boiler systems, kitchen and bath refurbishments, appliance replacements and the repair or replacements of major building components or community amenities (pool/spa heaters, painting, railings, trash enclosures, etc.). Page 11 of 75 Housing Commission Meeting FY 2024-2025 Proposed Housing Authority Budget April 10, 2024 Page 2 Typically, the replacement expense budget is developed from the identified long-term needs of the properties and is prioritized for emergent needs. Should it be determined that there is a need for replacements, reimbursement of expenditures will come from previous deposits made to the Replacement Reserve Fund from monies available from the net income referenced above. Sufficient funds have been deposited to cover proposed and immediate expenditures; however, a long-term resource has not been identified to adequately support these costs in the future. Upon review of the proposed FY 2024/2025 Housing Authority budget by the Housing Commission on April 10, 2024, as the Finance Director, you will be advised of the recommendation to include the FY 2024/2025 Palm Desert Housing Authority Operating, Capital, and Replacement Budgets in the City of Palm Desert’s Comprehensive Finance Plan for FY 2024/2025 and to be presented to the Housing Authority Board for approval at a future meeting. Enclosures (as noted) cc: Housing Commission (Agenda of April 10, 2024) Page 12 of 75 Housing Commission Meeting PALM DESERT HOUSING AUTHORITY PROPOSED FY 2024/2025 BUDGET Property Account Description 2022 Actuals 2023 Acutuals 2024 Adopted 2025 Requested All Combined Rent/Leases-Real Property 7,893,204$ 8,737,330$ 9,068,266$ 9,663,031$ All Combined Prof - Other 2,269,842$ 2,486,555$ 3,004,990$ 3,061,087$ All Combined Prof - Contracting 587,007$ 660,523$ 912,140$ 1,005,300$ All Combined Prof - Other Admin Expenses 568,140$ 610,583$ 628,898$ 655,032$ All Combined Advertising Promotional 1,630$ 5,321$ 12,360$ 34,527$ All Combined R/M- Buildings 1,207,302$ 1,457,530$ 1,428,385$ 1,944,960$ All Combined Replacement Expenditues -$ -$ -$ -$ All Combined Utilities - Electric 1,104,610$ 1,201,384$ 1,158,549$ 1,328,668$ All Combined Misc Expenses 215,343$ 234,349$ 26,924$ 322,524$ Total Controllable Expenese 5,953,874$ 6,656,245$ 7,172,246$ 8,352,098$ Net Income/Net (Deficit)1,939,330$ 2,081,085$ 1,896,020$ 1,310,933$ 1,608,632$ 1,785,918$ 6,107,244$ 3,549,151$ Capital Imp/Replacement exp/Emerg Repair* *These costs may be reimbursed from bond funds available or replacement reserve carryover budget from prior year. Budget is supported by 2010 30-year Reserve Study. Page 13 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 1,271,814 1,321,757 1,368,506 TOTAL RENTAL INCOME 1,203,628 1,222,312 1,272,033 OTHER RENTAL INCOME 9,315 15,378 12,578 TOTAL INCOME 1,212,943$ 1,237,690$ 1,284,611$ PAYROLL 300,997 335,214 305,148 OTHER ADMINISTRATIVE 104,263 118,943 113,909 ADVERTISING/PROMOTIONAL 900 - 3,626 CONTRACTED SERVICES 85,774 78,469 92,167 UTILITY SERVICES 169,152 171,088 191,093 REPAIRS/MAINTENANCE 160,209 178,121 181,738 CONTROLLABLE EXPENSES 821,295$ 881,836$ 887,680$ NET PROFIT AND LOSS 391,648$ 355,854$ 396,931$ CAPITAL EXPENSES - RESERVE EXPENSE - 49,196 REMAINING AFTER EXPENSES 391,648$ 355,854$ 347,735$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. California Villas Budget Comparison Page 14 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 207,288 230,080 220,881 TOTAL RENTAL INCOME 186,607 176,784 192,068 OTHER RENTAL INCOME 350 454 1,096 TOTAL INCOME 186,957$ 177,238$ 193,163$ PAYROLL 88,218 81,889 89,435 OTHER ADMINISTRATIVE 24,710 24,029 31,751 ADVERTISING/PROMOTIONAL 300 - 914 CONTRACTED SERVICES 44,192 43,655 46,334 UTILITY SERVICES 35,508 36,090 43,654 REPAIRS/MAINTENANCE 43,479 32,944 70,368 CONTROLLABLE EXPENSES 236,407$ 218,607$ 282,456$ NET PROFIT AND LOSS (49,450)$ (41,370)$ (89,293)$ CAPITAL EXPENSES - - RESERVE EXPENSE - 71,496 REMAINING AFTER EXPENSES (49,450)$ (41,370)$ (160,789)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Candlewood Budget Comparison Page 15 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actual* 2024-2025 Budget GROSS POTENTIAL 398,052 427,260 424,698 TOTAL RENTAL INCOME 377,347 347,450 387,596 OTHER RENTAL INCOME 1,695 1,642 2,899 TOTAL INCOME 379,042$ 349,091$ 390,494$ PAYROLL 197,774 199,279 200,502 OTHER ADMINISTRATIVE 56,318 67,129 66,440 ADVERTISING/PROMOTIONAL 1,800 349 2,004 CONTRACTED SERVICES 63,178 41,655 67,688 UTILITY SERVICES 70,249 69,541 79,805 REPAIRS/MAINTENANCE 84,262 95,226 125,480 CONTROLLABLE EXPENSES 473,581$ 473,179$ 541,920$ NET PROFIT AND LOSS (94,539)$ (124,088)$ (151,426)$ CAPITAL EXPENSES - RESERVE EXPENSE - 57,357 REMAINING AFTER EXPENSES (94,539)$ (124,088)$ (208,783)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Catalina Gardens Budget Comparison Page 16 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 581,628 623,082 629,886 TOTAL RENTAL INCOME 551,887 594,630 591,469 OTHER RENTAL INCOME 570 580 1,632 TOTAL INCOME 552,457$ 595,210$ 593,101$ PAYROLL 218,660 219,493 224,734 OTHER ADMINISTRATIVE 57,076 73,169 70,649 ADVERTISING/PROMOTIONAL 1,200 152 2,581 CONTRACTED SERVICES 55,506 32,178 64,377 UTILITY SERVICES 72,664 97,882 80,778 REPAIRS/MAINTENANCE 64,083 50,407 85,333 CONTROLLABLE EXPENSES 469,189$ 473,281$ 528,452$ NET PROFIT AND LOSS 83,268$ 121,930$ 64,650$ CAPITAL EXPENSES - RESERVE EXPENSE - 32,148 REMAINING AFTER EXPENSES 83,268$ 121,930$ 32,502$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Carlos Ortega Villas Budget Comparison Page 17 of 75 Housing Commission Meeting Budget Actual* 2023-2024 Actual* 2024-2025 Budget GROSS POTENTIAL 535,740 580,978 584,442 TOTAL RENTAL INCOME 466,528 451,150 497,896 OTHER RENTAL INCOME 5,900 7,050 5,138 TOTAL INCOME 472,428$ 458,200$ 503,034$ PAYROLL 149,669 156,647 151,733 OTHER ADMINISTRATIVE 49,774 50,530 54,221 ADVERTISING/PROMOTIONAL 360 - 1,799 CONTRACTED SERVICES 54,624 33,176 60,849 UTILITY SERVICES 64,880 60,698 71,955 REPAIRS/MAINTENANCE 69,892 77,420 90,527 CONTROLLABLE EXPENSES 389,199$ 378,470$ 431,084$ NET PROFIT AND LOSS 83,229$ 79,729$ 71,950$ CAPITAL EXPENSES - RESERVE EXPENSE - 33,748 REMAINING AFTER EXPENSES 83,229$ 79,729$ 38,202$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Desert Pointe Budget Comparison Page 18 of 75 Housing Commission Meeting 2023-2024 - Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 453,240 484,044 478,240 TOTAL RENTAL INCOME 420,335 391,075 431,188 OTHER RENTAL INCOME 7,020 5,577 9,114 TOTAL INCOME 427,355$ 396,652$ 440,301$ PAYROLL 143,562 146,706 147,766 OTHER ADMINISTRATIVE 41,128 44,464 47,061 ADVERTISING/PROMOTIONAL 480 - 1,380 CONTRACTED SERVICES 55,523 32,394 61,909 UTILITY SERVICES 62,335 59,254 76,474 REPAIRS/MAINTENANCE 70,053 101,299 116,705 CONTROLLABLE EXPENSES 373,081$ 384,117$ 451,295$ NET PROFIT AND LOSS 54,274$ 12,535$ (10,994)$ CAPITAL EXPENSES 43,478 - RESERVE EXPENSE - 38,397 REMAINING AFTER EXPENSES 10,796$ 12,535$ (49,391)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Laguna Palms Budget Comparison Page 19 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 201,492 202,976 205,658 TOTAL RENTAL INCOME 185,053 168,480 185,895 OTHER RENTAL INCOME 70 140 155 TOTAL INCOME 185,123$ 168,620$ 186,050$ PAYROLL 85,353 81,924 86,530 OTHER ADMINISTRATIVE 20,800 19,760 21,894 ADVERTISING/PROMOTIONAL 300 - 848 CONTRACTED SERVICES 46,642 27,687 49,907 UTILITY SERVICES 63,388 98,784 69,195 REPAIRS/MAINTENANCE 35,613 21,712 47,520 CONTROLLABLE EXPENSES 252,096$ 249,867$ 275,894$ NET PROFIT AND LOSS (66,973)$ (81,247)$ (89,844)$ CAPITAL EXPENSES - RESERVE EXPENSE - 18,624 REMAINING AFTER EXPENSES (66,973)$ (81,247)$ (108,468)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. La Rocca Villas Budget Comparison Page 20 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 1,120,680 1,181,372 1,191,033 TOTAL RENTAL INCOME 1,057,745 1,049,444 1,112,829 OTHER RENTAL INCOME 5,280 9,902 9,503 TOTAL INCOME 1,063,025$ 1,059,346$ 1,122,332$ PAYROLL 239,470 225,022 254,334 OTHER ADMINISTRATIVE 104,650 116,083 114,824 ADVERTISING/PROMOTIONAL 1,200 57 4,114 CONTRACTED SERVICES 85,426 67,175 94,995 UTILITY SERVICES 125,920 121,492 151,465 REPAIRS/MAINTENANCE 154,576 210,701 223,454 CONTROLLABLE EXPENSES 711,242$ 740,530$ 843,187$ NET PROFIT AND LOSS 351,783$ 318,816$ 279,145$ CAPITAL EXPENSES - RESERVE EXPENSE - 114,714 REMAINING AFTER EXPENSES 351,783$ 318,816$ 164,431$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Las Serenas Budget Comparison Page 21 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 210,300 214,368 220,087 TOTAL RENTAL INCOME 185,986 185,326 193,801 OTHER RENTAL INCOME 3,180 3,653 2,887 TOTAL INCOME 189,166$ 188,979$ 196,688$ PAYROLL 52,629 55,663 54,553 OTHER ADMINISTRATIVE 19,841 21,031 18,967 ADVERTISING/PROMOTIONAL 300 790 CONTRACTED SERVICES 41,890 24,515 45,441 UTILITY SERVICES 23,915 21,890 24,549 REPAIRS/MAINTENANCE 46,582 26,388 60,463 CONTROLLABLE EXPENSES 185,157$ 149,486$ 204,763$ NET PROFIT AND LOSS 4,009$ 39,493$ (8,075)$ CAPITAL EXPENSES - RESERVE EXPENSE - 19,119 REMAINING AFTER EXPENSES 4,009$ 39,493$ (27,194)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Neighbors Budget Comparison Page 22 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actutals* 2024-2025 Budget GROSS POTENTIAL 3,654,408 3,934,112 3,979,707 TOTAL RENTAL INCOME 3,462,016 3,605,676 3,768,422 OTHER RENTAL INCOME 53,200 63,380 52,090 TOTAL INCOME 3,515,216$ 3,669,056$ 3,820,513$ PAYROLL 1,218,162 1,175,009 1,234,950 OTHER ADMINISTRATIVE 292,187 329,542 343,983 ADVERTISING/PROMOTIONAL 4,080 1,091 13,153 CONTRACTED SERVICES 189,108 212,715 204,610 UTILITY SERVICES 372,280 423,682 415,352 REPAIRS/MAINTENANCE 519,912 488,721 677,997 CONTROLLABLE EXPENSES 2,595,729$ 2,630,760$ 2,890,045$ NET PROFIT AND LOSS 919,487$ 1,038,295$ 930,467$ CAPITAL EXPENSES-RPM - RESERVE EXPENSE - 315,735 REMAINING AFTER EXPENSES 919,487$ 1,038,295$ 614,732$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. One Quail Place Apartments Budget Comparison Page 23 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 340,944 360,738 369,937 TOTAL RENTAL INCOME 310,608 322,312 342,891 OTHER RENTAL INCOME 7,800 7,954 2,032 TOTAL INCOME 318,408$ 330,266$ 344,923$ PAYROLL 79,773 80,456 80,874 OTHER ADMINISTRATIVE 28,628 29,170 32,159 ADVERTISING/PROMOTIONAL 300 - 1,064 CONTRACTED SERVICES 39,508 19,575 42,926 UTILITY SERVICES 31,640 63,956 54,997 REPAIRS/MAINTENANCE 38,253 45,391 64,548 CONTROLLABLE EXPENSES 218,102$ 238,547$ 276,567$ NET PROFIT AND LOSS 100,306$ 91,719$ 68,356$ CAPITAL EXPENSES - RESERVE EXPENSE - 34,948 REMAINING AFTER EXPENSES 100,306$ 91,719$ 33,408$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Palm Village Budget Comparison Page 24 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 91,632 92,078 102,858 TOTAL RENTAL INCOME 90,716 92,078 98,744 OTHER RENTAL INCOME 120 94 431 TOTAL INCOME 90,836$ 92,172$ 99,175$ PAYROLL 57,530 49,206 58,324 OTHER ADMINISTRATIVE 14,215 17,288 13,989 ADVERTISING/PROMOTIONAL 240 - 554 CONTRACTED SERVICES 34,462 10,875 36,906 UTILITY SERVICES 13,389 11,987 15,384 REPAIRS/MAINTENANCE 36,733 11,253 45,814 CONTROLLABLE EXPENSES 156,569$ 100,609$ 170,972$ NET PROFIT AND LOSS (65,733)$ (8,437)$ (71,797)$ CAPITAL EXPENSES - RESERVE EXPENSE - 17,224 REMAINING AFTER EXPENSES (65,733)$ (8,437)$ (89,021)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Pueblos Budget Comparison Page 25 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actuals* 2024-2025 Budget GROSS POTENTIAL 104,280 93,954 113,664 TOTAL RENTAL INCOME 103,237 93,954 109,117 OTHER RENTAL INCOME 70 - 68 TOTAL INCOME 103,307$ 93,954$ 109,185$ PAYROLL 32,874 35,570 33,328 OTHER ADMINISTRATIVE 12,188 15,488 12,395 ADVERTISING/PROMOTIONAL 300 - 435 CONTRACTED SERVICES 38,441 16,160 49,595 UTILITY SERVICES 12,932 12,120 14,433 REPAIRS/MAINTENANCE 28,733 7,774 36,506 CONTROLLABLE EXPENSES 125,468$ 87,112$ 146,692$ NET PROFIT AND LOSS (22,161)$ 6,842$ (37,506)$ CAPITAL EXPENSES - RESERVE EXPENSE - 20,099 REMAINING AFTER EXPENSES (22,161)$ 6,842$ (57,605)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Sagecrest Senior Budget Comparison Page 26 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actual* 2024-2025 Budget GROSS POTENTIAL 211,428 217,480 223,893 TOTAL RENTAL INCOME 188,594 151,568 193,051 OTHER RENTAL INCOME 3,540 48,969 3,009 TOTAL INCOME 192,134$ 200,537$ 196,060$ PAYROLL 98,472 65,322 99,831 OTHER ADMINISTRATIVE 16,833 16,884 16,483 ADVERTISING/PROMOTIONAL 300 - 680 CONTRACTED SERVICES 40,488 19,830 47,004 UTILITY SERVICES 20,117 16,267 20,803 REPAIRS/MAINTENANCE 43,253 33,251 68,032 CONTROLLABLE EXPENSES 219,463$ 151,555$ 252,832$ NET PROFIT AND LOSS (27,329)$ 48,982$ (56,772)$ CAPITAL EXPENSES - - RESERVE EXPENSE - 52,422 REMAINING AFTER EXPENSES (27,329)$ 48,982$ (109,194)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Santa Rosa Budget Comparison Page 27 of 75 Housing Commission Meeting 2023-2024 Budget 2023-2024 Actual* 2024-2025 Budget GROSS POTENTIAL 179,892 186,644 189,673 TOTAL RENTAL INCOME 176,584 141,494 180,190 OTHER RENTAL INCOME 3,285 5,102 3,209 TOTAL INCOME 179,869$ 146,596$ 183,399$ PAYROLL 41,847 44,319 39,046 OTHER ADMINISTRATIVE 13,787 16,931 18,831 ADVERTISING/PROMOTIONAL 300 - 584 CONTRACTED SERVICES 37,378 14,359 40,594 UTILITY SERVICES 20,160 14,112 18,730 REPAIRS/MAINTENANCE 32,752 43,023 50,475 CONTROLLABLE EXPENSES 146,224$ 132,744$ 168,260$ NET PROFIT AND LOSS 33,645$ 13,852$ 15,139$ CAPITAL EXPENSES - - RESERVE EXPENSE - 17,224 REMAINING AFTER EXPENSES 33,645$ 13,852$ (2,085)$ CAPITAL EXPENSES-HA**-$ -$ -$ **(Funding from other sources) Items below are Capital Improvements and therefore not considered part of the Cost of Operations. Taos Palms Budget Comparison Page 28 of 75 Housing Commission Meeting PHYSICAL OCCUPANCY 168000000000 97%96%95%97%95%93%98%95%97%96%99%96%96%96%95%1344% NUMBER OF UNITS 141 30 72 73 64 48 27 150 24 384 36 15 14 20 16 1,114 GROSS POTENTIAL 1000.101 1,368,506 220,881 424,698 629,886 584,442 478,240 205,658 1,191,033 220,087 3,979,707 369,937 102,858 113,664 223,893 189,673 10,303,163 ASSISTED POTENTIAL RENT 1000.102 -34,315 -23,403 0 -333 0 -27,837 -11,600 -46,336 0 -143,666 -13,408 0 0 0 0 -300,898 ADJUSTED GROSS POTENTIAL 1,334,191 197,478 424,698 629,553 584,442 450,403 194,058 1,144,697 220,087 3,836,041 356,530 102,858 113,664 223,893 189,673 10,002,265 VACANCY 1000.110 -54,740 -8,835 -23,358 -18,897 -31,560 -31,564 -4,113 -59,552 -6,603 -159,188 -7,399 -4,114 -4,547 -11,195 -9,484 -435,148 RENT ADJUSTMENTS 1000.115 2,493 -331 101 1,729 -42 -105 0 2,735 -36 7,140 0 0 0 0 0 13,684 EMPLOYEE UNIT(S)1000.120 -34,751 -19,647 -13,827 -19,647 -54,944 -13,098 -15,650 -19,647 -19,647 -39,294 -19,647 0 0 -19,647 0 -289,449 MODEL/OFFICE UNIT(S)1000.130 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DELINQUENT RENT 1000.140 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORFEITED RENT 1000.160 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CONCESSIONS 1000.170 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 W/0 RENT ADJUSTMENTS 1000.190 -9,475 0 -18 -1,602 0 -2,285 0 -1,740 0 -19,942 0 0 0 0 0 -35,061 ASSISTED-SECTION 8 1000.202 34,315 23,403 0 333 0 27,837 11,600 46,336 0 143,666 13,408 0 0 0 0 300,898 TOTAL RENTAL INCOME 1,272,033 192,068 387,596 591,469 497,896 431,188 185,895 1,112,829 193,801 3,768,422 342,891 98,744 109,117 193,051 180,190 9,557,189 OTHER RENTAL INCOME CREDIT REPORT FEES 1106 2,844 32 705 994 177 912 105 1,402 26 3,655 537 319 68 468 29 12,274 TERMINATION FEES 1107 1,106 290 252 945 33 300 0 1,032 0 11,978 0 0 0 0 0 15,937 LATE CHARGES 1108 5,953 0 354 221 1,217 3,828 50 569 825 12,225 1,242 25 0 733 1,017 28,258 MONTH TO MONTH FEES 1109 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NSF FEES 1110 50 50 50 50 50 50 0 150 0 100 0 0 0 0 0 550 LAUNDRY ROOM 1111 2,970 425 1,174 521 3,341 3,699 0 5,053 1,962 27,036 0 88 0 1,904 2,065 50,239 RESIDENTIAL SERVICES 1113 0 203 0 340 0 0 0 0 0 3,700 50 0 0 0 0 4,292 WASHER/DRYERS 1114 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 REFRIGERATORS 1114.001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COLLECTION RECOVERY 1115 0 0 75 0 0 0 0 0 0 0 203 0 0 0 0 278 COMMIS/VENDOR/REIMB 1116 142 0 108 0 0 0 0 0 0 330 0 0 0 0 0 580 W/O FEE ADJUSTMENTS 1117 -6,280 0 0 -1,668 0 0 0 0 -11 -9,406 0 0 0 -253 0 -17,618 PARKING/GARAGE 1118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISC. INCOME 1119 5,794 96 181 228 320 325 0 1,296 85 2,472 0 0 0 156 99 11,053 INSURANCE RECOVERY 1119.001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL OTHER INCOME 12,578 1,096 2,899 1,632 5,138 9,114 155 9,503 2,887 52,090 2,032 431 68 3,009 3,209 105,842 TOTAL INCOME 1,284,611 193,163 390,494 593,101 503,034 440,301 186,050 1,122,332 196,688 3,820,513 344,923 99,175 109,185 196,060 183,399 9,663,031 PAYROLL EXPENSE HOUSEKEEPING 2050 0 0 0 0 0 0 0 0 0 129,938 0 0 0 0 0 129,938 MAINT/LABOR 2051 53,508 18,728 42,806 53,508 34,780 34,949 10,702 44,845 11,557 278,460 17,963 16,052 8,026 20,530 8,343 654,758 MANAGER 2052 121,867 30,248 76,986 53,508 45,919 42,916 44,717 100,844 18,892 388,534 24,898 21,349 15,779 29,484 13,950 1,029,890 GROUNDSKEEPER 2054 42,588 14,906 23,423 53,508 27,682 27,682 6,388 35,979 8,518 85,176 14,906 4,259 0 21,294 5,597 371,905TotalPALM DESERT HOUSING AUTHORITY FISCAL YEAR 2024/2025 BUDGET SUMMARY LaRoccaLas SerenasNeighborsOne QuailPalm VillagePueblosCalif VillasCandlewoodCatalinaCarlos Ortega VillasDesert PointeLaguna PalmsSagecrest SrSanta RosaTaos PalmsApril 2, 2024 Page 29 of 75 Housing Commission Meeting TotalPALM DESERT HOUSING AUTHORITY FISCAL YEAR 2024/2025 BUDGET SUMMARY LaRoccaLas SerenasNeighborsOne QuailPalm VillagePueblosCalif VillasCandlewoodCatalinaCarlos Ortega VillasDesert PointeLaguna PalmsSagecrest SrSanta RosaTaos PalmsCOMMISSION 2056 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OVERHEAD COST 2057 87,185 25,553 57,286 64,210 43,352 42,219 24,723 72,667 15,587 352,843 23,107 16,664 9,522 28,523 11,156 874,596 TOTAL PAYROLL 305,148 89,435 200,502 224,734 151,733 147,766 86,530 254,334 54,553 1,234,950 80,874 58,324 33,328 99,831 39,046 3,061,087 ADMINISTRATIVE OFFICE SUPPLIES 2101 7,108 367 5,407 3,486 3,329 5,857 424 4,672 470 25,065 952 297 279 549 342 58,602 TRAVEL/MILEAGE 2102 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COMPUTER SUP/REP 2103 6,918 5,424 6,442 6,289 4,895 5,904 0 5,412 0 19,068 0 0 0 0 0 60,352 LEGAL FEES 2104 2,098 663 423 1,225 868 601 60 1,194 66 14,894 100 60 60 26 5,235 27,574 RENT/LEASE EXPENSE 2107 2,798 0 3,301 1,948 1,225 995 0 2,050 0 4,144 0 0 0 0 0 16,461 FURNITURE LEASING 2110 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREDIT REPORTS 2111 1,675 88 250 473 220 292 288 871 59 2,807 362 96 274 416 99 8,270 LOSS EXPENSE 2112 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 2117 109 23 56 455 399 299 21 935 19 2,391 29 12 11 15 193 4,967 OFFICE UNIFORM/EMPL APP 2118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BANK CHARGES 2119 360 360 360 360 360 360 360 360 360 360 360 360 360 360 360 5,400 HOTEL / RELOCATION EXP.2120 747 728 0 0 286 0 0 0 474 5,465 0 264 0 250 0 8,215 FURNITURE/EQUIP 2123 686 0 0 1,499 0 0 0 0 0 0 0 215 0 0 0 2,401 PROFESSIONAL LIABILITY 2124 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INSURANCE (NO LONGER IN USE)0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TRAINING/EDUCATION 2157 1,656 1,656 1,656 6,610 1,552 1,552 3,304 3,300 1,552 27,639 1,552 1,552 1,552 1,552 1,552 58,240 DUES LIC & MISC FEES 2158 6,844 4,802 6,209 5,380 3,454 2,976 1,562 7,831 1,855 16,358 7,636 2,312 1,626 1,555 1,642 72,041 MANAGEMENT FEE 2160 82,908 17,640 42,336 42,924 37,632 28,224 15,876 88,200 14,112 225,792 21,168 8,820 8,232 11,760 9,408 655,032 TOTAL ADMIN.113,909 31,751 66,440 70,649 54,221 47,061 21,894 114,824 18,967 343,983 32,159 13,989 12,395 16,483 18,831 977,556 ADVERT-PROMOTIONAL NEWSPAPER 2172 0 0 0 0 0 0 0 0 0 1,228 0 0 0 0 0 1,228 INTERNET 2174 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RESIDENT NEWSLETTER 2176 3,384 720 1,728 1,752 1,536 1,152 648 3,600 576 11,520 864 360 336 480 384 29,040 PROMOTIONAL 2178 242 194 276 829 263 228 200 514 214 405 200 194 99 200 200 4,259 BROCHURES 2180 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 REFERRALS 2182 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER ADVERTISING 2184 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL ADVERT-PROMOTIONAL 3,626 914 2,004 2,581 1,799 1,380 848 4,114 790 13,153 1,064 554 435 680 584 34,527 CONTRACT SERVICES COURTESY PATROL 2209 9,200 7,651 10,062 8,421 8,739 8,421 7,768 7,651 8,387 29,916 9,191 7,768 7,768 7,768 7,768 146,479 PEST CONTROL 2215 7,945 1,733 5,190 4,093 6,597 6,035 1,798 6,752 1,926 29,746 3,082 2,151 1,091 2,375 2,782 83,294 CLEANING SUBCONTRACTOR 2216 6,420 562 1,220 4,862 1,252 3,928 899 6,906 578 5,313 1,252 257 594 4,249 835 39,125 PROFESSIONAL SERVICES 2217 21,043 21,043 21,043 24,788 23,718 21,043 21,043 21,043 21,043 31,743 21,043 21,043 21,043 21,043 21,043 332,759 CABLE TELEVISION 2234 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TEMP LABOR 2244 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 GARDENING 2245 47,559 10,632 30,174 22,213 20,544 22,483 18,400 52,644 13,508 96,261 8,359 5,688 4,751 11,569 8,166 372,951 April 2, 2024 Page 30 of 75 Housing Commission Meeting TotalPALM DESERT HOUSING AUTHORITY FISCAL YEAR 2024/2025 BUDGET SUMMARY LaRoccaLas SerenasNeighborsOne QuailPalm VillagePueblosCalif VillasCandlewoodCatalinaCarlos Ortega VillasDesert PointeLaguna PalmsSagecrest SrSanta RosaTaos PalmsPARKING LOT SWEEP 2246 0 4,714 0 0 0 0 0 0 0 11,631 0 0 14,348 0 0 30,693 TOTAL CONTRACT SERVICES 92,167 46,334 67,688 64,377 60,849 61,909 49,907 94,995 45,441 204,610 42,926 36,906 49,595 47,004 40,594 1,005,300 UTILITY SERVICES TELEPHONE 2325 4,994 2,234 4,948 4,574 5,464 4,630 577 6,440 457 21,198 3,946 457 1,448 577 1,129 63,072 TRASH REMOVAL 2326 30,529 4,006 7,669 16,816 10,775 11,809 3,161 22,160 7,935 50,903 8,463 3,620 3,145 4,725 5,866 191,581 ELEC-HOUSE 2327.001 31,655 7,167 18,124 12,582 19,702 25,626 49,333 24,537 3,801 80,240 20,793 2,969 1,955 2,239 4,138 304,857 GAS - HOUSE 2327.002 43,441 15,970 11,263 11,723 7,967 1,318 1,322 25,028 919 86,364 2,133 400 0 1,111 621 209,580 ELEC-APT 2328.001 3,716 361 1,103 0 409 2,055 -141 1,396 46 8,658 463 37 0 1,433 0 19,537 GAS-APT 2328.002 0 108 322 0 0 0 17 392 21 0 0 0 0 618 0 1,477 SEWER 2329.001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WATER 2329.002 76,758 13,809 36,376 35,085 27,638 31,038 14,926 71,513 11,371 167,990 19,198 7,900 7,886 10,100 6,976 538,563 TOTAL UTILITY SERVICES 191,093 43,654 79,805 80,778 71,955 76,474 69,195 151,465 24,549 415,352 54,997 15,384 14,433 20,803 18,730 1,328,668 REPAIRS & MAINTENANCE ELECTRICAL 2401 10,866 3,538 10,401 7,873 4,373 7,359 2,054 7,496 1,926 46,224 4,051 1,156 1,990 3,852 1,091 114,252 PLUMBING 2402 23,546 4,494 12,182 6,591 12,888 18,986 4,454 20,544 5,136 64,200 4,312 6,742 1,541 5,136 1,733 192,487 ROOF REPAIRS 2403 9,000 3,343 6,000 6,600 6,000 3,000 4,400 4,677 3,300 15,766 3,300 3,300 3,300 3,300 0 75,286 CARPET & FLOORING 2404 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CARPET & FLOORING (ef)2404.001 46,440 6,600 13,200 5,606 17,820 26,431 5,338 35,640 10,769 135,564 6,600 3,960 10,560 10,421 7,920 342,869 GENERAL BLDG SUPL 2405 11,730 6,625 12,191 1,760 7,347 3,072 2,311 10,015 2,902 19,260 5,903 2,119 1,684 5,836 4,948 97,703 INTERIOR BLDG SUP 2406 26,508 3,852 19,260 13,113 11,795 20,461 2,889 28,159 7,704 141,240 15,705 5,105 4,387 16,047 4,494 320,719 LANDSCAPING 2407 9,712 4,077 4,861 5,429 3,870 4,862 1,284 10,166 2,247 24,182 2,119 3,223 1,091 1,921 9,871 88,915 TREE MAINTENANCE 2407.001 13,966 4,809 5,606 10,688 8,028 8,199 8,713 16,438 5,268 38,846 3,984 2,486 5,460 6,850 2,614 141,955 TOOLS & SMALL EQUIP 2410 621 0 514 321 1,262 1,320 264 1,320 264 6,864 1,291 86 0 330 0 14,456 FIELD UNIFORMS 2413 650 650 650 650 325 650 0 650 325 2,925 0 0 0 0 0 7,475 MILEAGE REIMB 2414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 APPLIANCES 2415 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HVAC 2416 1,433 7,140 17,136 476 0 238 6,426 35,700 5,712 91,392 8,568 3,570 3,332 4,760 3,808 189,691 MECHANICAL EQUIP 2423 5,701 1,578 7,109 10,628 642 1,091 5,778 10,171 1,605 29,774 2,568 1,118 1,774 963 835 81,336 EQUIPMENT RENTAL 2424 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 POOL MAINTENANCE 2441 18,822 20,330 11,583 11,631 11,631 11,631 0 25,975 11,631 31,398 0 11,631 0 0 11,631 177,894 PAINTING 2442 9,915 2,804 3,798 2,402 3,556 7,754 1,195 9,571 1,343 22,981 4,827 1,056 990 7,956 1,209 81,358 JANITORIAL SUPPLIES 2444 2,042 528 990 1,564 990 1,650 2,413 6,930 331 15,727 1,320 264 396 660 321 36,126 TURNOVER REIMBURSABLE 2460 -9,215 0 0 0 0 0 0 0 0 -8,346 0 0 0 0 0 -17,561 TOTAL REPAIRS & MAINT.181,738 70,368 125,480 85,333 90,527 116,705 47,520 223,454 60,463 677,997 64,548 45,814 36,506 68,032 50,475 1,944,960 CONTROLLABLE EXPENSES 887,680 282,456 541,920 528,452 431,084 451,295 275,894 843,187 204,763 2,890,045 276,567 170,972 146,692 252,832 168,260 8,352,099 TOTAL EXPENSES 887,680 282,456 541,920 528,452 431,084 451,295 275,894 843,187 204,763 2,890,045 276,567 170,972 146,692 252,832 168,260 8,352,099 NET OPERATING INCOME 396,931 -89,293 -151,426 64,650 71,950 -10,994 -89,844 279,145 -8,075 930,467 68,356 -71,797 -37,506 -56,772 15,139 1,310,932 April 2, 2024 Page 31 of 75 Housing Commission Meeting TotalPALM DESERT HOUSING AUTHORITY FISCAL YEAR 2024/2025 BUDGET SUMMARY LaRoccaLas SerenasNeighborsOne QuailPalm VillagePueblosCalif VillasCandlewoodCatalinaCarlos Ortega VillasDesert PointeLaguna PalmsSagecrest SrSanta RosaTaos PalmsCAPITAL REPLACEMENT RESV.EXP.4013 49,196 71,496 57,357 32,148 33,748 38,397 18,624 114,714 19,119 315,735 34,948 17,224 20,099 52,422 17,224 892,451 CAPITAL EXPENSE APPLIANCES 4012.001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COUNTERTOPS 4012.005 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DRAPERY & BLINDS 4012.010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FLOOR COVERING 4012.015 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HVAC 4012.020 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INTERIOR/EXTERIOR BUILDING 4012.025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LANDSCAPING 4012.030 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OFFICE/COMMUNITY EQUIPMENT 4012.035 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PAVING 4012.040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ROOF 4012.045 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CONCRETE/PLAYGROUND 4012.050 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EMERGENCY REPAIR 4012.060 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EMERGENCY / DISASTER EXP.4015.000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL CAPITAL EXPENSE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL CAPITAL 49,196 71,496 57,357 32,148 33,748 38,397 18,624 114,714 19,119 315,735 34,948 17,224 20,099 52,422 17,224 892,451 PROPERTY OPERATIONS 347,735 -160,789 -208,783 32,502 38,202 -49,391 -108,468 164,431 -27,194 614,732 33,408 -89,021 -57,605 -109,194 -2,085 418,481 NET PROPERTY INCOME 347,735 -160,789 -208,783 32,502 38,202 -49,391 -108,468 164,431 -27,194 614,732 33,408 -89,021 -57,605 -109,194 -2,085 418,481 PER UNIT PAYROLL 2,079 2,337 2,336 2,636 2,165 2,936 2,739 1,505 2,089 2,712 2,123 2,782 2,329 1,585 2,470 34,825 ADMINISTRATIVE 780 867 826 832 755 839 688 704 721 804 1,116 876 762 835 929 12,334 ADVERT-PROM.1 29 6 11 2 7 17 6 11 4 7 107 7 7 30 252 CONTRACT SERVICES 604 739 598 703 520 913 1,006 580 962 411 586 1,020 2,238 1,411 1,772 14,064 UTILITY SERVICES 1,308 1,407 1,056 1,015 1,048 1,553 2,538 974 945 1,014 1,503 1,007 961 983 1,148 18,461 REPAIRS & MAINT.1,199 2,096 1,431 1,234 1,075 2,432 1,155 1,208 1,495 1,359 1,450 2,181 1,795 3,691 2,369 26,171 0 0 TOTAL CONTROLLABLE 6,296 9,415 7,527 7,239 6,736 9,402 10,218 5,621 8,532 7,526 7,682 11,398 10,478 12,642 10,516 131,228 TOTAL PER UNIT EXPENSE 6,296 9,415 7,527 7,239 6,736 9,402 10,218 5,621 8,532 7,526 7,682 11,398 10,478 12,642 10,516 131,228 April 2, 2024 Page 32 of 75 Housing Commission Meeting Page 33 of 75 Housing Commission Meeting Page 34 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget 8718610 1.ADA Improvements - Path of Travel Redesign -$ -$ 50,000$ -$ -$ 50,000$ 2.HVAC -$ 555,000$ -$ -$ -$ 555,000$ 3.Plumbing Assessment - plumbing # 342700 35,000$ -$ -$ -$ -$ 35,000$ 4.ADA Improvements - Parking Stalls -$ 65,000$ -$ -$ -$ 65,000$ 5.Facade -$ -$ -$ 323,800$ -$ 323,800$ 6.Equipment and Furnishings -$ -$ 272,600$ -$ -$ 272,600$ 7.-$ -$ -$ -$ -$ -$ 8.-$ -$ -$ -$ -$ -$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 35,000$ 620,000$ 322,600$ 323,800$ -$ 1,301,400$ 8718620 1.Roofing 500,000$ -$ -$ -$ -$ 500,000$ 2.ADA Improvements (Parking Related)-$ 130,000$ -$ -$ -$ 130,000$ 3.Parking Lot Improvements -$ 165,000$ -$ -$ -$ 165,000$ 4.Redesign ADA Paths of Travel -$ 50,000$ -$ -$ -$ 50,000$ 5.Apartment Flooring Throughout Carpet 26300 sqft -$ -$ 212,359$ -$ -$ 212,359$ 6.Apartment Exterior HVAC Split System Replacement 72 EA -$ -$ -$ 395,026$ -$ 395,026$ 7.Water heater Replacement 72 EA -$ -$ -$ -$ 151,040$ 151,040$ 8.Exterior Walls Stucco Replace 32408 sqft -$ -$ -$ 235,331$ -$ 235,331$ 9.Exterior Walls and Painted Surface, Prep & Paint, 32408sf -$ -$ -$ 156,887$ -$ 156,887$ 10.Interior Wall Finishes any surface, Prep & Paint 54648 sqft -$ -$ -$ -$ 147,583$ 147,583$ 11.-$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 500,000$ 345,000$ 212,359$ 787,244$ 298,623$ 2,143,226$ 8718630 1.ADA Improvements - Parking Stalls -$ 20,000$ -$ -$ -$ 20,000$ 2.Parking Lot Improvements -$ 207,200$ -$ -$ -$ 207,200$ 3.ADA Improvements - Path of Travel -$ -$ 65,000$ -$ -$ 65,000$ 4.Pool Renovation -$ 60,000$ -$ -$ -$ 60,000$ 5.Electrical Assessment -$ 60,000$ -$ -$ -$ 60,000$ Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan Laguna Palms Catalina Gardens Desert Pointe 1 OF 7 Page 35 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 6.Distributions Panel 100A Replacement Electrical Replacement -$ 342,574$ -$ -$ -$ 342,574$ 7.Flooring Carpet Throughout Complex 29283 sqft -$ -$ 237,074$ -$ -$ 237,074$ 8.Exterior Walls Stucco Replace 26680 sqft -$ -$ -$ -$ 865,825$ 865,825$ 9.Exterior Lighting Replacement 150 fixtures -$ -$ -$ 110,337$ -$ 110,337$ 10.WAircconditions and Window and thru wall replacement -$ -$ -$ 237,574$ -$ 237,574$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total -$ 689,774$ 302,074$ 347,911$ 865,825$ 2,205,584$ 8718640 1.Façade -$ 350,000$ -$ -$ -$ 350,000$ 2.Special Construction/Demo 60,000$ -$ -$ -$ -$ 60,000$ 3.Site Payment -$ -$ 550,000$ -$ -$ 550,000$ 4.Site Development -$ -$ 111,300$ -$ -$ 111,300$ 5.ADA Improvements - Parking Stall -$ -$ 25,000$ -$ -$ 25,000$ 6.Fire Suppression System Retrofit -$ -$ -$ 550,000$ -$ 550,000$ 7.Apartment Flooring Throughout Carpet 62300 sqft -$ -$ -$ -$ 502,658$ 502,658$ 8.Interior Wall Finishes any surface, Prep & Paint 133500 sqft -$ -$ -$ 610,370$ -$ 610,370$ 9.Roofing Replacement 184000 sqft PVC -$ -$ 504,756$ -$ -$ 504,756$ 10.Split System Replacement 45EA -$ -$ -$ -$ 248,000$ 248,000$ 11.Plumbing Systems Throughout - Supply & Sanitary excludes fixtures -$ -$ -$ -$ 742,288$ 742,288$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 60,000$ 350,000$ 1,191,056$ 1,160,370$ 1,492,946$ 4,254,372$ 8718650 1.Fire Protection 185,000$ -$ -$ -$ -$ 185,000$ 2.ADA Parking Improvements (Stalls/Signage)-$ 25,000$ -$ -$ -$ 25,000$ 3.Roofing Replacement 15000 sqft Bituminous Modified - failing 250,000$ -$ -$ -$ -$ 250,000$ 4.Exterior Walls and Painted Surface, Prep & Paint, 17500sf -$ 87,134$ -$ -$ -$ 87,134$ 5.Window Replacement 72 EA -$ -$ 100,000$ -$ -$ 100,000$ 6.Main Panel Replacement, Distribution panel replacement -$ -$ -$ 60,000$ -$ 60,000$ 7.HVAC Split System Replacement condensing units 19EA -$ -$ -$ -$ 110,000$ 110,000$ 8.Vinyl Flooring Throughout - 2490 sf -$ -$ -$ 28,000$ -$ 28,000$ 9.Carpet Throughout - 6870 sf - bedrooms -$ -$ -$ 55,737$ -$ 55,737$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ Las Serenas Neighbors 2 OF 7 Page 36 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 435,000$ 112,134$ 100,000$ 143,737$ 110,000$ 900,871$ 8718660 1.Interior Improvements -$ 150,000$ -$ -$ -$ 150,000$ 2.Special Construction/Demo -$ -$ 150,000$ -$ -$ 150,000$ 3.Site Pavement -$ -$ -$ -$ -$ -$ 4.Site Development -$ 175,000$ -$ -$ -$ 175,000$ 5.ADA Improvements - Path of Travel -$ -$ 1,500,000$ -$ -$ 1,500,000$ 6.Roof Replacement Bldg 43, 42, 41, 40, 33,32,31,25,24,19,12,11,10,9,8,3,2 - 94,723 Sqft -$ 2,151,779$ -$ -$ -$ 2,151,779$ 7.Complex Flooring Replacement - Carpet Residential Replace 226943 sf -$ -$ 1,841,127$ -$ -$ 1,841,127$ 8.Electrical System -$ -$ -$ -$ -$ -$ 9.Suspended Ceilings, Acoustical Tile (ACT), Replace 34838 SF 200,000$ -$ -$ -$ -$ 200,000$ 10.Throughout APARTMENT Wall Finishes, any surface, Prep & Paint -$ -$ -$ 1,183,584$ -$ 1,183,584$ 11.HVAC Split System Replacement both condensing units and fan coil, DX Replace 384 EA -$ -$ -$ -$ 3,991,297$ 3,991,297$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 200,000$ 2,476,779$ 3,491,127$ 1,183,584$ 3,991,297$ 11,342,787$ 8718670 1.ADA Improvements - Parking Improvements -$ 30,000$ -$ -$ -$ 30,000$ 2.Special Construction/Demo Pool Pumps/ Filters/ Heater Broken 32,300$ -$ -$ -$ -$ 32,300$ 3.Casework Counter tops, Laminate Replace -$ 78,500$ -$ -$ -$ 78,500$ 4.Trash Compactor, Fridge, Garbage Disposal Replacement 11 Ea, 12 ea, 15 Ea -$ 53,961$ -$ -$ -$ 53,961$ 5.Exterior Walls and Painted Surface, Prep & Paint, 12500sf -$ 60,513$ -$ -$ 60,513$ 6.Roofing, Replacement 3900 sf -$ -$ 62,933$ -$ -$ 62,933$ 7.Apartment Kitchen Casework Replacement Countertops, Cabinetry -$ -$ -$ 79,070$ -$ 79,070$ 8.ADA Improvements Path of Travel -$ -$ -$ 100,000$ -$ 100,000$ 9.Professional Consultant Services (i.e., Architech, engineering, etc.)125,000$ -$ -$ -$ -$ 125,000$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 157,300$ 222,974$ 62,933$ 179,070$ -$ 622,277$ One Quail Place The Pueblos 3 OF 7 Page 37 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 8718680 1.Site Pavement -$ 250,000$ -$ -$ -$ 250,000$ 2.ADA Improvements - Pavement -$ 50,000$ -$ -$ -$ 50,000$ 3.Exterior Door Replacement 142EA -$ -$ -$ -$ 437,780$ 437,780$ 4.Building Exterior and Common Areas Exterior Walls, any painted surface, Prep & Paint 42,424 SF -$ -$ 206,513$ -$ -$ 206,513$ 5.Flooring Carpet, Replace, 54031 sqft -$ 438,356$ -$ -$ -$ 438,356$ 6.Apartments Throughout, wall finishes, any painted surface, Prep & Paint -$ -$ 328,771$ -$ -$ 328,771$ 7.Air conditioners Replacements, 140EA -$ 499,764$ -$ -$ -$ 499,764$ 8.Distributon Panels, 120/240, Residential 100Amp Repalce -$ -$ -$ 251,667$ 251,667$ 9.Electrical Systems, Wiring, Switches, Replace -$ -$ -$ -$ 3,763,729$ 3,763,729$ 10.ADA Improvements - Path of Travel -$ -$ 300,000$ -$ -$ 300,000$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total -$ 1,238,120$ 835,284$ 251,667$ 4,201,509$ 6,526,580$ 8718690 1.Special Construction/Demo - Pools and Fencing 48,000$ -$ -$ -$ -$ 48,000$ 2.ADA Improvements- Side walks 45,000$ -$ -$ -$ -$ 45,000$ 3.Main Electrical Panel Replacement -$ 124,100$ -$ -$ -$ 124,100$ 4.Plumbing System Supply & Sanitary, Medium Density, Replace, excludes fixtures -$ -$ 230,000$ -$ -$ 230,000$ 5.HVAC System Duct work, Replace -$ 75,049$ -$ -$ -$ 75,049$ 6.Electrical Throughout Building, Circuit breaker / Disconnect, Low Density wiring switches replacement -$ -$ 101,426$ -$ -$ 101,426$ 7.Kitchen Units, 1, 2, 3,6, 7,8,9,10,11,12,13,14,15,16 Casework Replacement -$ -$ -$ 163,599$ -$ 163,599$ 8.HVAC Roof top unit replacement -$ -$ -$ 124,941$ -$ 124,941$ 9.Professional Consultant Services (i.e., Architech, engineering, etc.)125,000$ -$ -$ -$ -$ 125,000$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 218,000$ 199,149$ 331,426$ 288,540$ -$ 1,037,115$ 8718691 1.ADA Improvements - Parking lot -$ 375,000$ -$ -$ -$ 375,000$ 2.Structural Repair of Retaining Wall 150,000$ -$ -$ -$ -$ 150,000$ 3.Building Exterior Walls, any painted surface, Prep & Paint -$ 181,375$ -$ -$ -$ 181,375$ 4.Apartment Throughout Interior Walls, any Painted Surface Prep and Paint -$ 172,148$ -$ -$ -$ 172,148$ 5.Apartment Throughout Flooring Carpet Residential Replace -$ -$ 93,462$ -$ -$ 93,462$ California Villas Taos Palms Carlos Ortega Villas 4 OF 7 Page 38 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 6.Common Area Finishes, any flat surface Prep & Paint -$ 153,022$ -$ -$ -$ 153,022$ 7.Solar Power Panels and Inverter Replacement -$ -$ -$ -$ 60,000$ 60,000$ 8.ADA Improvements - Path of Travel -$ -$ 25,000$ -$ -$ 25,000$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 150,000$ 881,545$ 118,462$ -$ 60,000$ 1,210,007$ 8718692 1.ADA Improvements - Designated parking Stall, -$ 110,900$ -$ -$ -$ 110,900$ 2.Plumbing - Units 123, 212, 224, 223, 222, 328, 327,317, 314, 323, 321, 327, 317 -$ 55,300$ -$ -$ -$ 55,300$ 3.HVAC - 36 EA Splits, 1 EA 3 Ton -$ -$ 537,100$ -$ -$ 537,100$ 4.Electrical System, Solar inverter Replacement Panel Replacement on Carports -$ -$ -$ 1,869,400$ -$ 1,869,400$ 5.Carpet 15,533 sqft -$ 120,000$ -$ -$ -$ 120,000$ 6.Exterior Wall, any type, waterproofing, Prep & Fog Coat, Prep Paint 29540 sqft -$ -$ -$ -$ 216,000$ 216,000$ 7.-$ -$ -$ -$ -$ -$ 8.-$ -$ -$ -$ -$ -$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total -$ 286,200$ 537,100$ 1,869,400$ 216,000$ 2,908,700$ 8718693 1.Interior 26,000$ -$ -$ -$ -$ 26,000$ 2.ADA Improvements - Sidewalk, Concrete Replacement 220,000$ 30,000$ -$ -$ -$ 250,000$ 3.Facade Exterior Walls, any painted surface, Prep & Paint (30,608 sqft)-$ -$ 1,365,700$ -$ -$ 1,365,700$ 4.Pool Mechanical Room 27,000$ 258,400$ -$ -$ -$ 285,400$ 5.HVAC Replacements -$ -$ -$ 651,300$ -$ 651,300$ 6.Electrical System, Wiring & Switches, Replace Throughout building -$ -$ -$ -$ 141,000$ 141,000$ 7.Fire Suppression Systems, Full System Install/Retrofit, Low Density -$ 133,987$ -$ -$ -$ 133,987$ 8.Electrical System, Wiring & Switches, Replace Throughout building -$ 111,656$ -$ -$ -$ 111,656$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ Candlewood Palm Village 5 OF 7 Page 39 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 273,000$ 534,043$ 1,365,700$ 651,300$ 141,000$ 2,965,043$ 8718694 1.Site Pavement -$ 50,000$ -$ -$ -$ 50,000$ 2.ADA Improvements -Site Pavement Improvements -$ 40,000$ -$ -$ -$ 40,000$ 3.Facade Exterior Walls, any painted surface, Prep & Paint (17818 sqft)-$ -$ 174,800$ -$ -$ 174,800$ 4.Patio Concrete Cracking -$ 16,137$ -$ -$ -$ 16,137$ 5.HVAC Club House Split Systems Replacements -$ -$ -$ 148,135$ -$ 148,135$ 6.Furnace Replacement -$ -$ -$ -$ 182,990$ 182,990$ 7.-$ -$ -$ -$ -$ -$ 8.-$ -$ -$ -$ -$ -$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total -$ 106,137$ 174,800$ 148,135$ 182,990$ 612,062$ 8718695 1.ADA Improvements to Elevator/Stair Threads 75,000$ -$ -$ -$ -$ 75,000$ 2.Install New Carpet/Flooring/Hardware -$ -$ 150,000$ -$ -$ 150,000$ 3.Exterior Façade Improvements -$ -$ -$ 110,000$ -$ 110,000$ 4.Elevator Shear/ Elevated Walkway settlement 48,400$ -$ -$ -$ 48,400$ 5.Exterior Walls Paint & prep 12100 sqft -$ -$ -$ 58,576$ 58,576$ 6.Roof Replacement 2900 SF -$ 46,796$ -$ -$ -$ 46,796$ 7.Professional Consultant Services (i.e., Architech, engineering, etc.)125,000$ -$ -$ -$ -$ 125,000$ 8.-$ -$ -$ -$ -$ -$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 248,400$ 46,796$ 150,000$ 168,576$ -$ 613,772$ LaRocca Villas Sagecrest 6 OF 7 Page 40 of 75 Housing Commission Meeting 2024-2025 2025-2026 2026-2027 2027-2028 2028-2029 2024-2029 Est Budget Year 1 Est Budget Year 2 Est Budget Year 3 Est Budget Year 4 Est Budget Year 5 Total Est 5 Yr Budget Palm Desert Housing Authority FY 2024-2025 CIP Budget and 5 year plan 8718696 1.ADA Improvements - Parking Stalls -$ 30,000$ -$ -$ -$ 30,000$ 2.Roof Replacement 6000sqft Roof Sheathing, 17000 sf roofing 130,000$ -$ -$ -$ -$ 130,000$ 3.Exterior Walls Paint & prep 24700 sqft 125,000$ -$ -$ -$ -$ 125,000$ 4.Plumbing System, Supply & Sanitary, Medium Density (excludes fixtures),-$ -$ 438,000$ -$ -$ 438,000$ 5.Electrical System, Wiring & Switches, Replace Throughout building -$ 99,000$ -$ -$ -$ 99,000$ 6.ADA Improvements - Path of Travel -$ 55,000$ -$ -$ -$ 55,000$ 7.Professional Consultant Services (i.e., Architech, engineering, etc.)125,000$ -$ -$ -$ -$ 125,000$ 8.-$ -$ -$ -$ -$ -$ 9.-$ -$ -$ -$ -$ -$ 10.-$ -$ -$ -$ -$ -$ 11.-$ -$ -$ -$ -$ -$ 12.-$ -$ -$ -$ -$ -$ 13.-$ -$ -$ -$ -$ -$ 14.-$ -$ -$ -$ -$ -$ 15.-$ -$ -$ -$ -$ -$ Total 380,000$ 184,000$ 438,000$ -$ -$ 1,002,000$ 2,656,700$ 8,292,651$ 9,632,921$ 7,503,334$ 11,560,190$ 39,645,796$ Santa Rosa Note: The PD Housing Authority CIP FY 24/25 Budget is based on property assesment conducted Fall 2023 with a 5 year projection. 7 OF 7 Page 41 of 75 Housing Commission Meeting Page 42 of 75 Housing Commission Meeting Page 1 of 1 HOUSING COMMISSION CITY OF PALM DESERT STAFF REPORT MEETING DATE: April 10, 2024 PREPARED BY: Damian Olivares, Senior Administrative Assistant REQUEST: HOUSING AUTHORITY MONTHLY REPORTS FOR FEBRUARY 2024 RECOMMENDATION: Receive Palm Desert Housing Authority property reports from Falkenberg/Gilliam & Associates for the month of February 2024. ATTACHMENTS: 1. Occupancy Status Report 2. Occupancy and Average Rent Summary 3. Occupancy and Average Rent Statement 4. Net Operating Income Statement Page 43 of 75 Housing Commission Meeting Page 44 of 75 Housing Commission Meeting MONTHLY OCCUPANCY STATUS REPORT FEBRUARY 2024 REPORT REPORTING MONTH: Feb-24 REPORT DATE: 3/25/24 "MULTI-FAMILY PROPERTIES"Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 California Villas a. Total Units in Complex 141 141 141 141 141 141 141 141 141 141 141 141 b. Unoccupied Units 1 3 4 5 4 3 1 3 4 6 2 1 c. Occupied Units 140 138 137 136 137 138 140 138 137 135 139 140 d. Pending Leases 3 3 4 5 3 3 3 6 5 3 2 1 e. Ending Occupied & Pre-leased 143 141 141 141 140 141 143 144 142 140 141 141 f. Down Units 0 0 1 1 1 1 1 1 1 1 0 0 g. Number of Wait List Contactees 40 40 30 25 200 130 100 120 130 130 10 20 h. Re-Cert Pkts Sent Out During Month 9 5 8 12 5 13 13 13 13 12 6 13 i. Number of Traffic Qualified 18 20 15 25 10 15 25 30 10 15 12 25 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 2 3 4 4 5 3 3 3 3 3 2 2 c. Occupied Units 62 61 60 60 59 61 61 61 61 61 62 61 d. Pending Leases 2 1 1 3 2 1 1 1 0 1 0 1 e. Ending Occupied & Pre-leased 64 62 61 63 61 62 62 62 61 62 62 62 f. Down Units 1 1 1 1 1 1 1 1 1 1 1 1 g. Number of Wait List Contactees 15 68 46 64 72 70 46 42 62 65 79 51 h. Re-Cert Pkts Sent Out During Month 6 2 4 6 2 9 2 7 4 3 4 5 i. Number of Traffic Qualified 30 15 21 17 9 44 9 8 6 11 22 24 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 2 2 2 2 2 3 3 5 5 5 2 2 c. Occupied Units 46 46 46 46 46 45 45 43 43 43 46 46 d. Pending Leases 0 1 1 2 2 2 1 3 4 5 1 2 e. Ending Occupied & Pre-leased 46 47 47 48 48 47 46 46 47 47 47 48 f. Down Units 1 1 1 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 25 20 25 20 30 40 35 40 45 20 30 25 h. Re-Cert Pkts Sent Out During Month 1 4 3 5 1 2 5 5 2 5 4 4 i. Number of Traffic Qualified 12 10 30 35 40 35 30 25 30 25 35 40 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 1 0 1 1 0 0 0 0 0 0 1 2 c. Occupied Units 23 24 23 23 24 24 24 24 24 24 23 22 d. Pending Leases 1 0 0 0 0 0 0 0 0 0 0 2 e. Ending Occupied & Pre-leased 24 24 23 23 24 24 24 24 24 23 23 24 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 10 0 33 22 0 0 0 0 0 0 54 26 h. Re-Cert Pkts Sent Out During Month 2 3 2 2 2 1 1 0 3 1 1 2 i. Number of Traffic Qualified 27 9 16 14 6 10 6 7 8 5 11 8 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 6 5 9 10 11 10 17 17 17 16 16 17 c. Occupied Units 378 379 375 374 373 374 367 367 367 368 368 367 d. Pending Leases 6 5 7 5 12 13 12 9 9 11 9 6 e. Ending Occupied & Pre-leased 384 384 382 379 385 387 379 376 376 375 377 373 f. Down Units 1 1 3 3 3 2 7 8 9 9 8 0 g. Number of Wait List Contactees 133 110 149 101 238 128 157 119 125 69 81 180 h. Re-Cert Pkts Sent Out During Month 25 22 31 28 26 20 23 32 21 26 30 34 i. Number of Traffic Qualified 93 46 46 23 126 32 47 50 78 63 44 92 j. Number of Traffic Non-Qualified 3 3 4 8 6 14 8 15 2 1 5 2 2/01/24 Page 1 of 4 MOS Multi-Family 1.24 Page 45 of 75 Housing Commission Meeting MONTHLY OCCUPANCY STATUS REPORT FEBRUARY 2024 REPORT "MULTI-FAMILY PROPERTIES"Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Palm Village a. Total Units in Complex 36 36 36 36 36 36 36 36 36 36 36 36 b. Unoccupied Units 1 1 1 1 1 2 1 0 1 1 1 0 c. Occupied Units 35 35 35 35 35 34 35 36 35 35 35 36 d. Pending Leases 0 0 0 1 0 2 1 0 0 0 1 0 e. Ending Occupied & Pre-leased 35 35 35 36 35 36 36 36 35 36 36 36 f. Down Units 1 1 1 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 25 20 20 25 20 20 25 10 0 0 20 25 h. Re-Cert Pkts Sent Out During Month 3 2 4 2 2 3 4 2 3 2 2 2 i. Number of Traffic Qualified 7 5 10 25 20 25 20 15 10 15 10 15 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 1 1 1 2 3 2 1 2 2 2 2 2 c. Occupied Units 19 19 19 18 17 18 19 18 18 18 18 18 d. Pending Leases 1 1 2 2 3 2 1 1 1 1 1 2 e. Ending Occupied & Pre-leased 20 20 21 20 20 20 20 19 19 19 19 20 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 25 25 15 25 20 20 25 30 20 20 20 25 h. Re-Cert Pkts Sent Out During Month 0 2 0 0 2 3 0 2 1 1 0 2 i. Number of Traffic Qualified 5 5 10 8 5 25 20 25 20 20 10 10 j. Number of Traffic Non-Qualified 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 b. Unoccupied Units 0 0 1 2 1 1 1 1 2 2 1 2 c. Occupied Units 16 16 15 14 15 15 15 15 14 14 15 14 d. Pending Leases 0 0 0 0 0 1 0 0 1 1 0 0 e. Ending Occupied & Pre-leased 16 16 15 14 15 16 15 15 15 15 15 14 f. Down Units 0 0 0 0 0 0 0 1 1 1 1 0 g. Number of Wait List Contactees 0 0 0 48 0 0 0 39 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 2 0 2 0 1 1 1 0 1 1 3 1 i. Number of Traffic Qualified 4 5 14 11 6 6 4 9 4 5 6 8 j. Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY MULTI-FAMILY PROPERTIES Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 a. Total Units in Complex 733 733 733 733 733 733 733 733 733 733 733 733 b. Unoccupied Units 14 15 23 27 27 24 27 31 34 35 27 28 c. Occupied Units 719 718 710 706 706 709 706 702 699 698 706 704 d. Pending Leases 13 11 15 18 22 24 19 20 20 22 14 14 e. Ending Occupied & Pre-leased 732 729 725 724 728 733 725 722 719 717 720 718 f. Down Units 4 4 7 5 5 4 9 11 12 12 10 1 g. Number of Wait List Contactees 273 283 318 330 580 408 388 400 382 304 294 352 h. Re-Cert Pkts Sent Out During Month 48 40 54 55 41 52 49 61 48 51 50 63 i. Number of Traffic Qualified 196 115 162 158 222 192 161 169 166 159 150 222 j. Number of Traffic Non-Qualified 3 3 4 8 6 14 8 15 2 1 5 2 2/01/24 Page 2 of 4 MOS Multi-Family 1.24 Page 46 of 75 Housing Commission Meeting MONTHLY OCCUPANCY STATUS REPORT FEBRUARY 2024 REPORT REPORTING MONTH: Feb-24 REPORT DATE: 3/25/24 "SENIOR PROPERTIES"Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Candlewood a. Total Units in Complex 30 30 30 30 30 30 30 30 30 30 30 30 30 b. Unoccupied Units 2 2 2 2 2 2 2 2 2 2 2 3 4 c. Occupied Units 28 28 28 28 28 28 28 28 28 28 28 27 26 d. Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 28 28 28 28 28 28 28 28 28 28 27 27 26 f. Down Units 2 2 2 2 2 2 2 2 2 2 2 2 0 g. Number of Wait List Contactees 5 19 16 0 0 0 0 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 3 1 5 3 1 4 3 3 6 2 2 3 0 i. Number of Traffic Qualified 10 8 4 0 0 2 0 0 2 0 0 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. Unoccupied Units 3 3 3 2 1 0 1 1 1 0 0 1 2 c. Occupied Units 70 70 70 71 72 73 72 72 72 73 73 72 71 d. Pending Leases 0 3 2 2 1 0 0 1 1 0 0 0 0 e. Ending Occupied & Pre-leased 70 73 72 73 73 73 72 73 73 73 73 72 71 f. Down Units 2 2 1 0 0 0 0 0 0 0 0 1 0 g. Number of Wait List Contactees 14 42 72 91 88 49 44 54 33 30 30 28 40 h. Re-Cert Pkts Sent Out During Month 5 7 7 7 10 2 6 3 3 3 3 9 9 i. Number of Traffic Qualified 6 2 1 7 3 0 3 4 5 3 3 1 2 j. Number of Traffic Non-Qualified 1 0 0 0 2 1 1 2 1 2 2 0 2 Catalina Gardens a. Total Units in Complex 72 72 72 72 72 72 72 72 72 72 72 72 72 b. Unoccupied Units 2 3 3 3 3 3 4 4 4 5 5 6 5 c. Occupied Units 70 69 69 69 69 69 68 68 68 67 67 66 67 d. Pending Leases 1 0 1 1 0 1 1 2 2 3 3 2 0 e. Ending Occupied & Pre-leased 71 69 70 70 69 70 69 70 70 70 70 68 67 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 76 68 71 20 10 12 26 27 61 34 200 95 72 h. Re-Cert Pkts Sent Out During Month 6 12 10 1 7 5 10 10 5 7 7 4 3 i. Number of Traffic Qualified 21 17 8 4 3 3 5 3 3 1 12 2 3 j. Number of Traffic Non-Qualified 1 2 0 0 0 1 1 2 0 2 2 6 4 La Rocca Villas a. Total Units in Complex 27 27 27 27 27 27 27 27 27 27 27 27 27 b. Unoccupied Units 0 0 0 1 0 0 0 1 1 2 2 2 0 c. Occupied Units 27 27 27 26 27 27 27 26 26 25 25 25 27 d. Pending Leases 0 0 0 0 0 0 0 0 0 1 1 2 0 e. Ending Occupied & Pre-leased 27 27 27 26 27 27 27 26 26 26 25 27 27 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 38 0 0 0 0 68 47 62 0 0 h. Re-Cert Pkts Sent Out During Month 2 4 2 1 3 1 2 0 3 2 1 1 1 i. Number of Traffic Qualified 10 3 11 13 18 13 22 18 7 8 0 4 6 j. Number of Traffic Non-Qualified 0 0 0 0 0 3 0 0 0 0 0 0 0 Las Serenas a. Total Units in Complex 150 150 150 150 150 150 150 150 150 150 150 150 150 b. Unoccupied Units 7 7 6 5 7 6 8 7 5 5 6 4 4 c. Occupied Units 143 143 144 145 143 144 142 143 145 145 144 146 146 d. Pending Leases 4 2 2 2 1 2 4 6 4 2 3 2 0 e. Ending Occupied & Pre-leased 147 145 146 147 144 146 146 149 149 147 146 148 146 f. Down Units 4 4 4 4 3 3 3 2 0 2 2 2 0 g. Number of Wait List Contactees 15 33 31 63 54 149 191 108 89 93 84 98 68 h. Re-Cert Pkts Sent Out During Month 3 4 8 14 18 14 10 10 10 11 7 11 5 i. Number of Traffic Qualified 35 37 34 32 41 38 37 34 42 36 5 36 46 j. Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 2/01/2024 Page 3 of 4 MOS Senior 1.24 Page 47 of 75 Housing Commission Meeting MONTHLY OCCUPANCY STATUS REPORT FEBRUARY 2024 REPORT "SENIOR PROPERTIES"Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Pueblos a. Total Units in Complex 15 15 15 15 15 15 15 15 15 15 15 15 15 b. Unoccupied Units 1 1 1 0 0 0 0 0 0 0 0 0 1 c. Occupied Units 14 14 14 15 15 15 15 15 15 15 15 15 14 d. Pending Leases 1 1 1 0 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 15 15 15 15 15 15 15 15 15 15 15 15 14 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 9 17 9 0 0 0 0 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 1 3 3 1 1 3 1 1 3 3 0 0 0 i. Number of Traffic Qualified 5 4 2 0 0 2 0 0 0 0 0 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. Unoccupied Units 0 0 0 0 0 0 0 0 0 0 0 0 1 c. Occupied Units 14 14 14 14 14 14 14 14 14 14 14 14 13 d. Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 14 14 14 14 14 14 14 14 14 14 14 14 13 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 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 2 1 1 2 1 2 2 2 2 2 2 0 0 i. Number of Traffic Qualified 3 3 1 0 0 2 0 0 0 0 0 0 0 j. Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY SENIOR PROPERTIES Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 a. Total Units in Complex 381 381 381 381 381 381 381 381 381 381 381 381 381 b. Unoccupied Units 15 16 15 13 13 11 15 15 13 14 15 16 17 c. Occupied Units 366 365 366 368 368 370 366 366 368 367 366 365 364 d. Pending Leases 6 6 6 5 2 3 5 9 7 6 7 6 0 e. Ending Occupied & Pre-leased 372 371 372 373 370 373 371 375 375 373 370 371 364 f. Down Units 8 8 7 6 5 5 5 4 2 4 4 5 0 g. Number of Wait List Contactees 119 179 209 212 152 210 261 189 251 204 376 221 180 h. Re-Cert Pkts Sent Out During Month 22 32 36 29 41 31 34 29 32 30 22 28 18 i. Number of Traffic Qualified 90 74 61 56 65 60 67 59 59 48 20 43 57 j. Number of Traffic Non-Qualified 2 2 0 0 2 5 2 4 1 4 4 6 6 2/01/2024 Page 4 of 4 MOS Senior 1.24 Page 48 of 75 Housing Commission Meeting MONTHLY OCCUPANCY AND AVERAGE RENT SUMMARY FEBRUARY 2024 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 705 318 589 1,015 1,393 829 183 194 209 119 Average Mo. RentNo. of Units Multi-Family Complexes HOUSEHOLD SIZE 1 2 3 4 Extremely Low 0-30% Very Low 31-50% Low 51-80% Moderate 81%-120% Total 120 168 64 Senior Complexes Average Mo. RentNo. of Units 12 364 315 564 913 1,417 803 2/01/2024 Page 1 of 1 Summary Rpt #1 1.24Page 49 of 75 Housing Commission Meeting Page 50 of 75 Housing Commission Meeting REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT FEBRUARY 2024 REPORT REPORTING MONTH: REPORT DATE:REPORTED BY:CYNDI KARP "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 1 208 1 208 b. 1 BR, 1 BA 5 242 2 211 1 209 12 227 20 228 c. 2 BR, 1 BA 2 243 2 246 3 245 7 245 d. 2 BR, 2 BA 1 220 7 224 8 224 e. Totals 20%5 3 3 1 21 3 0 0 36 2. VERY LOW : 21-25% OF MEDIAN a. Studio 6 276 6 276 b. 1 BR, 1 BA 20 318 7 293 5 301 33 301 65 305 c. 2 BR, 1 BA 6 333 4 333 2 309 12 329 d. 2 BR, 2 BA 2 317 11 331 13 329 e. Totals 21-25%20 13 5 2 50 4 2 0 96 3. VERY LOW : 26-30% OF MEDIAN a. Studio 1 340 1 340 b. 1 BR, 1 BA 12 393 1 364 2 380 11 386 26 388 c. 2 BR, 1 BA 1 391 4 416 2 379 1 406 1 411 9 403 d. 2 BR, 2 BA 5 407 10 416 15 413 e. Totals 26-30%12 1 4 5 25 2 1 1 51 4. VERY LOW : 31-35% OF MEDIAN a. Studio 3 410 3 410 b. 1 BR, 1 BA 11 472 2 445 12 465 25 466 c. 2 BR, 1 BA 1 488 4 502 3 501 1 474 1 488 10 496 d. 2 BR, 2 BA 3 487 10 502 13 498 e. Totals 31-35%11 5 1 3 26 3 1 1 51 5. VERY LOW : 36-40% OF MEDIAN a. Studio 3 477 3 477 b. 1 BR, 1 BA 11 549 1 527 1 522 8 532 21 540 c. 2 BR, 1 BA 3 570 8 586 1 565 1 563 2 570 15 578 d. 2 BR, 2 BA 12 588 12 588 e. Totals 36-40%11 4 4 0 28 1 1 2 51 6. VERY LOW : 41-45% OF MEDIAN a. Studio 4 547 4 547 b. 1 BR, 1 BA 12 616 4 599 9 615 25 613 c. 2 BR, 1 BA 1 663 2 672 4 683 3 650 2 652 12 666 d. 2 BR, 2 BA 1 663 10 667 11 667 e. Totals 41-45%12 4 5 1 21 4 3 2 52 7. VERY LOW : 46-50% OF MEDIAN a. Studio 2 598 2 598 b. 1 BR, 1 BA 8 697 2 678 8 685 18 689 c. 2 BR, 1 BA 1 732 2 740 4 757 4 764 3 733 1 740 15 749 d. 2 BR, 2 BA 5 755 5 755 e. Totals 46-50%8 3 4 0 17 4 3 1 40 Total very low =79 33 26 12 188 21 11 7 377 ·Percent of total 56.43%53.23%56.52%54.55%51.23%58.33%61.11%50.00%53.48% 8. LOW ER: 51-55% OF MEDIAN a. Studio 2 674 1 690 3 679 b. 1 BR, 1 BA 9 780 1 732 5 754 15 768 c. 2 BR, 1 BA 3 816 12 843 4 825 1 811 20 834 d. 2 BR, 2 BA 3 833 11 842 14 840 e. Totals 51-55%9 3 4 3 28 4 1 0 52 9. LOW ER: 56-60% OF MEDIAN a. Studio 2 740 2 740 b. 1 BR, 1 BA 10 854 1 842 13 835 24 843 c. 2 BR, 1 BA 1 929 5 924 1 903 1 917 3 908 11 918 d. 2 BR, 2 BA 10 940 10 940 e. Totals 56-60%10 3 1 0 28 1 1 3 47 NEIGHBORS Feb-24 3/25/2024 CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 2/01/2024 Page 1 of 2 Rpt #1 Multi-Family 1.24Page 51 of 75 Housing Commission Meeting REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT FEBRUARY 2024 REPORT "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. LOW ER: 61-65% OF MEDIAN a. Studio 1 785 1 785 b. 1 BR, 1 BA 6 1,070 14 1,000 20 1,021 c. 2 BR, 1 BA 7 1,069 3 1,048 2 975 1 980 13 1,043 d. 2 BR, 2 BA 2 1,114 19 1,092 21 1,094 e. Totals 61-65%6 1 0 2 40 3 2 1 55 11. LOW ER: 66-70% OF MEDIAN a. Studio 1 1,018 1 1,018 b. 1 BR, 1 BA 2 1,250 1 1,133 1 1,229 4 1,171 8 1,193 c. 2 BR, 1 BA 2 1,323 3 1,298 2 1,286 1 1,342 1 1,291 9 1,305 d. 2 BR, 2 BA 1 1,354 8 1,346 9 1,347 e. Totals 66-70%2 2 3 1 15 2 1 1 27 12. LOW ER: 71-75% OF MEDIAN a. Studio 2 1,095 2 1,095 b. 1 BR, 1 BA 4 1,282 1 1,295 4 1,190 9 1,243 c. 2 BR, 1 BA 2 1,426 1 1,400 2 1,385 5 1,404 d. 2 BR, 2 BA 4 1,440 4 1,440 e. Totals 71-75%4 3 2 0 9 2 0 0 20 13. LOW ER: 76-80% OF MEDIAN a. Studio 1 1,213 1 1,213 b. 1 BR, 1 BA 2 1,240 1 1,148 3 1,209 c. 2 BR, 1 BA 1 1,434 1 1,424 2 1,429 d. 2 BR, 2 BA 2 1,434 2 1,434 e. Totals 76-80%2 1 0 0 4 0 0 1 8 Total lower =33 13 10 6 124 12 5 6 209 ·Percent of total 23.57%20.97%21.74%27.27%33.79%33.33%27.78%42.86%29.65% 14. MODERATE: 81-120% OF MEDIAN a. Studio 5 1,057 2 1,247 7 1,111 b. 1 BR, 1 BA 27 1,250 7 1,263 2 1,351 18 1,185 54 1,234 c. 2 BR, 1 BA 1 1,751 3 1,592 6 1,516 15 1,549 3 1,751 2 1,751 1 1,424 31 1,582 d. 2 BR, 2 BA 1 1,751 4 1,554 22 1,560 27 1,566 Total moderate =28 16 10 4 55 3 2 1 119 Percent of total 20.00%25.81%21.74%18.18%14.99%8.33%11.11%7.14%16.88% 15. Total units occupied:140 62 46 22 367 36 18 14 705 16. Occupancy rate =99%97%96%92%96%100%90%88%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% 2/01/2024 Page 2 of 2 Rpt #1 Multi-Family 1.24Page 52 of 75 Housing Commission Meeting REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT FEBRUARY 2024 REPORT REPORTING MONTH: REPORT DATE:REPORTED BY:CYNDI KARP "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 4 188 4 188 b. 1 BR, 1 BA 2 214 1 206 5 260 4 213 12 232 c. 2 BR, 1 BA 1 354 5 214 6 237 d. 2 BR, 2 BA 0 - e. Totals 20%2 1 5 5 9 0 0 22 2. VERY LOW : 21-25% OF MEDIAN a. Studio 13 257 13 257 b. 1 BR, 1 BA 4 274 10 364 2 285 5 339 15 291 1 288 1 295 38 314 c. 2 BR, 1 BA 1 307 5 311 6 310 d. 2 BR, 2 BA 0 - e. Totals 21-25%5 10 15 5 20 1 1 57 3. VERY LOW : 26-30% OF MEDIAN a. Studio 7 328 7 328 b. 1 BR, 1 BA 2 365 6 445 2 365 3 419 10 364 2 361 2 406 27 391 c. 2 BR, 1 BA 1 408 1 496 5 395 7 411 d. 2 BR, 2 BA 0 - e. Totals 26-30%3 7 9 3 15 2 2 41 4. VERY LOW : 31-35% OF MEDIAN a. Studio 4 390 4 390 b. 1 BR, 1 BA 4 430 6 517 6 442 5 497 13 438 4 443 3 443 41 457 c. 2 BR, 1 BA 2 597 7 479 9 505 d. 2 BR, 2 BA 0 - e. Totals 31-35%4 8 10 5 20 4 3 54 5. VERY LOW : 36-40% OF MEDIAN a. Studio 5 455 5 455 b. 1 BR, 1 BA 3 516 8 591 2 571 13 523 1 524 2 521 29 544 c. 2 BR, 1 BA 1 573 6 564 7 565 d. 2 BR, 2 BA 0 - e. Totals 36-40%4 8 5 2 19 1 2 41 6. VERY LOW : 41-45% OF MEDIAN a. Studio 3 528 3 528 b. 1 BR, 1 BA 2 586 5 687 4 600 2 664 13 595 2 596 28 616 c. 2 BR, 1 BA 1 797 9 650 10 664 d. 2 BR, 2 BA 0 - e. Totals 41-45%2 6 7 2 22 2 0 41 7. VERY LOW : 46-50% OF MEDIAN a. Studio 2 585 2 585 b. 1 BR, 1 BA 4 664 8 755 2 666 1 732 6 669 2 669 3 667 26 697 c. 2 BR, 1 BA 2 850 2 732 4 791 d. 2 BR, 2 BA 0 - e. Totals 46-50%4 10 4 1 8 2 3 32 Total very low =24 50 55 23 113 12 11 288 ·Percent of total 92.31%70.42%82.09%85.19%77.40%85.71%84.62%79.12% 8. LOW ER: 51-55% OF MEDIAN a. Studio 4 650 4 650 b. 1 BR, 1 BA 1 757 4 801 2 745 4 754 2 747 13 766 c. 2 BR, 1 BA 6 823 6 823 d. 2 BR, 2 BA 0 - e. Totals 51-55%1 4 6 0 10 2 0 23 9. LOW ER: 56-60% OF MEDIAN a. Studio 1 735 1 735 b. 1 BR, 1 BA 5 917 3 815 2 847 5 833 2 842 17 857 c. 2 BR, 1 BA 1 1,063 1 1,063 d. 2 BR, 2 BA 0 - e. Totals 56-60%0 6 4 2 5 0 2 19 Feb-24 3/25/2024 PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 2/01/2024 Page 1 of 2 Rpt #1 Senior 1.24Page 53 of 75 Housing Commission Meeting REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT FEBRUARY 2024 REPORT "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. LOW ER: 61-65% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 3 947 6 961 9 956 c. 2 BR, 1 BA 0 - d. 2 BR, 2 BA 0 - e. Totals 61-65%0 3 0 0 6 0 0 9 11. LOW ER: 66-70% OF MEDIAN a. Studio 3 1,162 3 1,162 b. 1 BR, 1 BA 5 1,250 1 1,133 6 1,231 c. 2 BR, 1 BA 0 - d. 2 BR, 2 BA 0 - e. Totals 66-70%0 5 1 0 3 0 0 9 12. LOW ER: 71-75% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 2 1,202 2 1,202 c. 2 BR, 1 BA 0 - d. 2 BR, 2 BA 0 - e. Totals 71-75%0 2 0 0 0 0 0 2 13. LOW ER: 76-80% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 1 1,292 1 1,292 c. 2 BR, 1 BA 1 1,419 1 1,419 d. 2 BR, 2 BA 0 - e. Totals 76-80%0 0 0 0 2 0 0 2 Total lower =1 20 11 2 26 2 2 64 Percent of total 3.85%28.17%16.42%7.41%17.81%14.29%15.38%17.58% 14. MODERATE: 81-120% OF MEDIAN a. Studio 1 1,281 1 1,281 b. 1 BR, 1 BA 2 1,376 4 1,174 6 1,241 c. 2 BR, 1 BA 1 1,751 3 1,592 4 1,632 d. 2 BR, 2 BA 1 1,751 1 1,751 Total moderate =1 1 1 2 7 0 0 12 Percent of total 3.85%1.41%1.49%7.41%4.79%0.00%0.00%3.30% 15. Total units occupied:26 71 67 27 146 14 13 364 16. Occupancy rate =87%97%93%100% 97%93%93%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 97% 2/01/2024 Page 2 of 2 Rpt #1 Senior 1.24Page 54 of 75 Housing Commission Meeting FEBRUARY 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Feb-24 "MULTI-FAMILY PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:3/25/2024 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 79 33 26 12 188 21 11 7 377 Total rental income 36,506 12,891 12,307 5,014 84,857 10,678 6,207 4,083 172,543 Per occupied unit 462 391 473 418 451 508 564 583 458 LOW ER: 51% --> 55% Occupied units 9 3 4 3 28 4 1 - 52 Total rental income 7,017 2,079 3,138 2,498 23,146 3,298 811 41,987 Per occupied unit 780 693 785 833 827 825 811 807 LOW ER: 56% --> 60% Occupied units 10 3 1 - 28 1 1 3 47 Total rental income 8,536 2,322 929 24,877 903 917 2,725 41,209 Per occupied unit 854 774 929 888 903 917 908 877 LOW ER: 61% --> 65% Occupied units 6 1 - 2 40 3 2 1 55 Total rental income 6,422 785 - 2,228 42,239 3,145 1,950 980 57,749 Per occupied unit 1,070 785 1,114 1,056 1,048 975 980 1,050 LOW ER: 66% --> 70% Occupied units 2 2 3 1 15 2 1 1 27 Total rental income 2,500 2,151 3,874 1,354 19,347 2,572 1,342 1,291 34,431 Per occupied unit 1,250 1,076 1,291 1,354 1,290 1,286 1,342 1,291 1,275 LOW ER: 71% --> 75% Occupied units 4 3 2 - 9 2 - - 20 Total rental income 5,129 3,485 2,851 11,920 2,770 26,155 Per occupied unit 1,282 1,162 1,426 1,324 1,385 1,308 LOW ER: 76% --> 80% Occupied units 2 1 - - 4 - - 1 8 Total rental income 2,479 1,213 5,450 1,424 10,566 Per occupied unit 1,240 1,213 1,363 1,424 1,321 LOWER: 51% --> 80% Occupied units 33 13 10 6 124 12 5 6 209 Total rental income 32,083 12,035 10,792 6,080 126,979 12,688 5,020 6,420 212,097 Per occupied unit 972 926 1,079 1,013 1,024 1,057 1,004 1,070 1,015 MODERATE: 81% --> 120% Occupied units 28 16 10 4 55 3 2 1 119 Total rental income 35,497 20,656 14,292 6,216 78,894 5,253 3,502 1,424 165,734 Per occupied unit 1,268 1,291 1,429 1,554 1,434 1,751 1,751 1,424 1,393 Summary Income: Rental 104,086 45,582 37,391 17,310 290,730 28,619 14,729 11,927 550,374 Other Income: Laundry 542 - 307 238 3,071 430 114 102 4,804 Other 840 829 375 150 2,270 225 105 150 4,944 Total Operating Income 105,468 46,411 38,073 17,698 296,071 29,274 14,948 12,179 560,123 Occupied Units 140 62 46 22 367 36 18 14 705 Income per occupied unit 753 749 828 804 807 813 830 870 795 EXPENSES Operating Expenses: Payroll 17,566 6,927 6,819 2,673 65,078 4,237 1,928 2,149 107,378 Per occupied unit 125 112 148 122 177 118 107 154 152 Administrative 9,167 3,712 2,934 1,557 22,744 1,715 798 3,304 45,931 Per occupied unit 65 60 64 71 62 48 44 236 65 Advertising/Promotion - - - - 91 - - - 91 Per occupied unit - - - - 0 - - - 0 Contract Services 4,626 2,045 3,344 1,409 14,726 1,807 1,974 796 30,727 Per occupied unit 33 33 73 64 40 50 110 57 44 Utility Services 19,517 6,354 5,119 2,157 31,016 2,238 2,390 2,631 71,423 Per occupied unit 139 102 111 98 85 62 133 188 101 Maintenance 23,957 8,819 5,475 10,630 41,123 768 (330) 6,342 96,784 Per occupied unit 171 142 119 483 112 21 (18) 453 137 Replacement expense 1,892 695 5,353 3,193 2,181 - - 1,875 15,189 Per occupied unit 14 11 116 145 6 - - 134 22 Capital expense - - - - - - - - - Per occupied unit - - - - - - - - - Total Operating Expenses 76,725 28,552 29,044 21,619 176,960 10,765 6,761 17,098 367,524 Per occupied unit 548 461 631 983 482 299 376 1,221 521 Summary Revenue and Expenses Total Operating Income 105,468 46,411 38,073 17,698 296,071 29,274 14,948 12,179 560,123 Total Operating Expenses 76,725 28,552 29,044 21,619 176,960 10,765 6,761 17,098 367,524 Monthly Net Operating Income 28,743 17,860 9,029 (3,921) 119,111 18,510 8,187 (4,920) 192,598 Per occupied unit 205 288 196 (178) 325 514 455 (351) 273 FYTD Net Operating Income* 233,803 62,197 26,345 13,624 729,190 72,304 31,867 482 1,169,812 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 2/01/2024 Page 1 of 2 Rpt #2 Multi-Family 1.24Page 55 of 75 Housing Commission Meeting FEBRUARY 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Feb-24 "MULTI-FAMILY PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:3/25/2024 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 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). 2/01/2024 Page 2 of 2 Rpt #2 Multi-Family 1.24Page 56 of 75 Housing Commission Meeting FEBRUARY 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Feb-24 "SENIOR PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:3/25/2024 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 24 50 55 23 113 12 11 288 Total rental income 10,642 28,154 20,865 9,940 51,741 5,834 5,480 132,656 Per occupied unit 443 563 379 432 458 486 498 461 LOW ER: 51% --> 55% Occupied units 1 4 6 - 10 2 - 23 Total rental income 757 3,204 4,087 7,952 1,494 17,494 Per occupied unit 757 801 681 795 747 761 LOW ER: 56% --> 60% Occupied units - 6 4 2 5 - 2 19 Total rental income - 5,646 3,181 1,694 4,163 1,684 16,368 Per occupied unit 941 795 847 833 842 861 LOW ER: 61% --> 65% Occupied units - 3 - - 6 - - 9 Total rental income 2,841 5,766 8,607 Per occupied unit 947 961 956 LOW ER: 66% --> 70% Occupied units - 5 1 - 3 - - 9 Total rental income 6,252 1,133 3,487 10,872 Per occupied unit 1,250 1,133 1,162 1,208 LOW ER: 71% --> 75% Occupied units - 2 - - - - - 2 Total rental income 2,404 - - 2,404 Per occupied unit 1,202 1,202 LOW ER: 76% --> 80% Occupied units - - - - 2 - - 2 Total rental income 2,711 2,711 Per occupied unit 1,356 1,356 LOWER: 51% --> 80% Occupied units 1 20 11 2 26 2 2 64 Total rental income 757 20,347 8,401 1,694 24,079 1,494 1,684 58,456 Per occupied unit 757 1,017 764 847 926 747 842 913 MODERATE: 81% --> 120% Occupied units 1 1 1 2 7 - - 12 Total rental income 1,751 1,751 1,281 2,751 9,472 17,006 Per occupied unit 1,751 1,751 1,281 1,376 1,353 1,417 Summary Income: Rental 13,150 50,252 30,547 14,385 85,292 7,328 7,164 208,118 Other Income: Laundry - 43 46 - 992 - - 1,081 Other (25) 95 25 (9) 117 5 - 207 Total operating income 14,191 50,414 28,520 12,638 89,740 7,773 7,536 209,407 Occupied Units 26 71 67 27 146 14 13 364 Income per occupied unit 546 710 426 468 615 555 580 575 EXPENSES Operating Expenses: Payroll 4,240 15,039 10,139 4,937 13,368 2,355 1,876 51,955 Per occupied unit 163 212 151 183 92 168 144 143 Administrative 1,470 4,297 5,412 2,528 10,295 (789) 686 23,899 Per occupied unit 57 61 81 94 71 (56) 53 66 Advertising/promotion - 160 - - 141 - - 301 Per occupied unit - 2 - - 1 - - 1 Contract services 1,073 4,137 2,908 1,674 5,959 3,149 1,284 20,183 Per occupied unit 41 58 43 62 41 225 99 55 Utility services 5,726 10,851 11,693 2,822 17,972 1,785 1,824 52,673 Per occupied unit 220 153 175 105 123 128 140 145 Maintenance 1,358 1,242 12,335 1,030 20,030 888 1,550 38,432 Per occupied unit 52 17 184 38 137 63 119 106 Replacement expense 388 - 10,453 530 27,490 6,997 343 46,201 Per occupied unit 15 - 156 20 188 500 26 127 Capital expense - - - - - - - - 2/01/2024 Page 1 of 2 Rpt #2 Senior 1.24Page 57 of 75 Housing Commission Meeting FEBRUARY 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Feb-24 "SENIOR PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:3/25/2024 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 Per occupied unit - - - - - - - - Total Operating Expenses 14,255 35,726 52,940 13,521 95,256 14,385 7,562 233,644 Per occupied unit 548 503 790 501 652 1,027 582 642 Summary Revenue and Expenses Total Operating Income 14,191 50,414 28,520 12,638 89,740 7,773 7,536 210,812 Total Operating Expenses 14,255 35,726 52,940 13,521 95,256 14,385 7,562 233,644 Monthly Net Operating Income (64) 14,688 (24,420) (883) (5,516) (6,612) (26) (22,832) Per occupied unit (2) 207 (364) (33) (38) (472) (2) (63) FYTD Net Operating Income* (25,078) 85,505 (86,734) (47,956) 208,476 (5,119) 3,500 132,595 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) 2/01/2024 Page 2 of 2 Rpt #2 Senior 1.24Page 58 of 75 Housing Commission Meeting Page 1 of 1 HOUSING COMMISSION CITY OF PALM DESERT STAFF REPORT MEETING DATE: April 10, 2024 PREPARED BY: Damian Olivares, Senior Administrative Assistant REQUEST: PRESENTATIONS RECOMMENDATION: Receive written and verbal presentations from FGA ATTACHMENTS: 1. Las Serenas Renovation to Unit 125 2. Laguna Palms Cabinet Renovation to Unit 219 3. Resident Update Page 59 of 75 Housing Commission Meeting Page 60 of 75 Housing Commission Meeting Las Serenas Renovation Unit 125 HOUSING COMMISSION APRIL 10, 2024 Page 61 of 75 Housing Commission Meeting Before After Page 62 of 75 Housing Commission Meeting Before After Page 63 of 75 Housing Commission Meeting Before After Page 64 of 75 Housing Commission Meeting Before After ACOUSTIC CEILING BATHROOM Page 65 of 75 Housing Commission Meeting Before After Page 66 of 75 Housing Commission Meeting Resident Updates Catalina Gardens hosted their first Resident Appreciation and Resident Services Room Opening on Friday, March 22, 2024. Notices were sent out to all of the residents at Catalina Gardens, Candlewood, Pueblos and Sage Crest. Coffee and Danishes were served to all of the residents. Everyone had a great time! Page 67 of 75 Housing Commission Meeting Page 68 of 75 Housing Commission Meeting Catalina Gardens – Resident Appreciation & Community Room Opening Page 69 of 75 Housing Commission Meeting Page 70 of 75 Housing Commission Meeting Page 1 of 1 HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: April 10, 2024 PREPARED BY: Damian Olivares, Senior Administrative Assistant REQUEST: HOME IMPROVEMENT PROGRAM ACTIVITY REPORT FOR FEBRUARY 2024 RECOMMENDATION: Receive and file the Home Improvement Program Activity report for February 2024 . ATTACHMENTS: 1. Home Improvement Program Activity Report Page 71 of 75 Housing Commission Meeting Page 72 of 75 Housing Commission Meeting Month of:February 2024 Inquiries (call, email, walkin)0 Applications Provided 0 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 Home Improvement Program Activity Report Palm Desert Housing Authority Page 73 of 75 Housing Commission Meeting Page 74 of 75 Housing Commission Meeting HOUSING COMMISSION Year 2024 2024 2024 2023 2023 2023 2023 2023 2023 2023 2023 2023 Month Mar Feb Jan Dec Nov Oct Sept Aug Jul Jun May Apr Day 13 14 10 13 - 11 - -13 14 -26 Bauer, Kathleen P - P P - P - - P P -P 0 0 Buller, Jan P - P P - E - - P P -P 0 1 Docken, Olivia A - P P - P 0 0 Moore, Dominic P - P P - P 0 0 Morrison, Melody P - P P - P - - P P -P 0 0 Siddiq, Franchon-Marie P - P P - 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 Page 75 of 75 Housing Commission Meeting