Loading...
HomeMy WebLinkAbout2025-01-08 HC Regular Meeting Agenda Packet HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY REGULAR MEETING AGENDA Wednesday, January 8, 2025 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 December 11, 2024. 4.b HOME IMPROVEMENT PROGRAM ACTIVITY REPORT FOR NOVEMBER 2024 9 RECOMMENDATION: Receive and file the Home Improvement Program Activity Report for November 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. None. 7.INFORMATIONAL REPORTS & COMMENTS 7.a SUMMARY OF CITY COUNCIL AND HOUSING AUTHORITY ACTIONS 7.b FALKENBERG/GILLIAM & ASSOCIATES (FGA) MONTHLY REPORTS FOR NOVEMBER 2024 13 7.c HOUSING COMMISSIONERS 7.d CITY COUNCIL LIAISON 7.e CITY STAFF 7.f ATTENDANCE REPORT 8.ADJOURNMENT The next Regular Meeting will be held on February 12, 2025, at 3:30 p.m. Housing Commission Meeting January 8, 2025 2 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/ Damian Olivares Recording Secretary Housing Commission Meeting January 8, 2025 3 4 HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY REGULAR MEETING MINUTES December 11, 2024, 3:30 p.m. Present: Commissioner Jann Buller, Commissioner Olivia Docken, Member Andy Firestine, Commissioner Dominic Moore, Commissioner Melody Morrison, Vice Chair Franchon-Marie Siddiq, Chair Kathleen Bauer Staff Present: Housing Manager Jessica Gonzales, Senior Management Analyst Celina Cabrera, Senior Administrative Assistant Daniel Mora, Senior Contracts and Grants Analyst, Senior Project Manager Lucero Leyva, Recording Secretary Damian Olivare City Council Liaison: Kathleen Kelly 1. CALL TO ORDER A Regular Meeting of the Housing Commission was called to order by Chair Bauer on December 11, 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 3. NON-AGENDA PUBLIC COMMENTS None. 4. CONSENT CALENDAR Motion by: Commissioner Morrison Seconded by: Chair Bauer To approve the consent calendar as presented. Motion Carried 4.a APPROVAL OF MINUTES Motion by: Commissioner Morrison Seconded by: Chair Bauer Approve the Minutes of November 13, 2024. Motion Carried 4.b HOME IMPROVEMENT PROGRAM ACTIVITY REPORT FOR OCTOBER 2024 5 Housing Commission Meeting 12/11/2024 2 Motion by: Commissioner Morrison Seconded by: Chair Bauer Receive and file the Home Improvement Program Activity Report for October 2024. Motion Carried 5. CONSENT ITEMS HELD OVER None. 6. ACTION CALENDAR 6.a AWARD CONTRACT TO GARLAND/DBS, INC FOR THE SANTA ROSA ROOF REPLACEMENT PROJECT CHA00004 Lucero Leyva, Senior Project Manager presented staff report. Lucero Leyva, Senior Project Manager and Jessica Gonzales, Housing Manager answered commissioner inquiries. Motion by: Member Firestine Seconded by: Commissioner Morrison Recommend to the Palm Desert Housing Authority Board to: 1. Award the construction contract for the Santa Rosa Apartments Roof Replacement Project No. CHA00004 to Garland/DBS in an amount not to exceed of $591,229. 2. Authorize the Director of Finance to set aside a 10% contingency in the amount of $59,122.90 for unforeseen conditions. 3. Authorize the Executive Director or designee to review and approve written requests for the use of the contingency amount 4. Authorize the Chairman and/or the Executive Director to execute the Agreement and written requests for change orders up to the contingency amount, amendments, any documents necessary to effectuate the actions taken herewith 5. Authorize the Chairman and/or Executive Director to execute the Notice of Completion (NOC) and the City Clerk to file the NOC upon satisfactory completion of the Project. Motion Carried 6.b REJECT ALL PROPOSALS SUBMITTED FOR POOL, SPA, AND WATER FEATURE MAINTENANCE AND REPAIR AT HOUSING AUTHORITY PROPERTIES Celina Cabrera, Senior Management Analyst presented staff report and answered commissioner inquiries. 6 Housing Commission Meeting 12/11/2024 3 Motion by: Vice Chair Siddiq Seconded by: Commissioner Morrison Recommend to the Palm Desert Housing Authority Board to: 1. Reject all proposals submitted for Pool, Spa, and Water Feature Maintenance and Repair at Housing Authority Properties. 2. Authorize staff to resolicit and advertise for pool and water feature maintenance and repair services at the Palm Desert Housing Authority residential rental properties. Motion Carried 7. INFORMATIONAL REPORTS & COMMENTS 7.a SUMMARY OF CITY COUNCIL AND HOUSING AUTHORITY ACTIONS Items under Action Calendar will be going to City Council/ Housing Authority. 7.b FALKENBERG/GILLIAM & ASSOCIATES (FGA) MONTHLY REPORTS FOR OCTOBER 2024 Representative of Falkenberg/Gilliam & Associates, Cyndi Karp, provided the reports for October 2024 and answered commissioner inquiries. 7.c HOUSING COMMISSIONERS Housing Commissioners expressed their gratitude to the City of Palm Desert and staff. 7.d CITY COUNCIL LIAISON Council Member, Kathleen Kelly announced the conclusion of her tenure as City Council Member/ City Council Liaison. 7.e CITY STAFF None. 7.f ATTENDANCE REPORT Report provided; no action taken on this item. 8. ADJOURNMENT The Housing Commission adjourned at 4:05 p.m. 9. PUBLIC NOTICES 7 Housing Commission Meeting 12/11/2024 4 _________________________ Damian Olivares Recording Secretary _________________________ Jessica Gonzales, Housing Manager Secretary _________________________ DATE APPROVED BY HOUSING COMMISSION 8 Page 1 of 1 HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: January 8, 2025 PREPARED BY: Daniel Mora, Senior Administrative Assistant SUBJECT: HOME IMPROVEMENT PROGRAM ACTIVITY REPORT FOR NOVEMBER 2024 RECOMMENDATION: Receive and file the Home Improvement Program Activity Report for November 2024. FINANCIAL IMPACT: There is no financial impact with this request. ATTACHMENTS: Home Improvement Activity Report for November 2024. 9 10 Home Improvement Program Activity Report Month of: November 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 11 12 Page 1 of 3 HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: January 8, 2025 PREPARED BY: Cyndi Karp – FGA Regional Supervisor SUBJECT: NOVEMBER 2024 – MONTHLY LEASE REPORT RECOMMENDATION: 1. Receive and File BACKGROUND/ANALYSIS: Palm Desert Housing Authority Properties Monthly Report include detailed financial and occupancy metrics. November 2024 is discussed here: 1. Monthly Occupancy Status: Summary of monthly occupancy. Includes new wait list applicants and recertification of current residents. Monthly Occupancy Status - November 2024 Multi-Family Senior Total Units 733 381 Occupied Units 707 372 Unoccupied Units 26 9 Pending Leases 17 7 Wait List Contacted 156 160 New Applications Qualified 222 45 Not Qualified 2 4 Recertification Packets 43 34 13 Housing Commission Palm Desert Housing Authority November 2024 Monthly Lease Report Page 2 of 3 2. Monthly Occupancy and Average Rent Summary: Average rent by Income Category. Monthly Occupancy and Average Rent Summary- November 2024 MULTI-FAMILY PROPERTIES Area Median Income Category November 2024 Number of Units November 2024 Average Monthly Rent November 2023 Number of Units November 2023 Average Monthly Rent Extremely Low 0-30% 195 $320 176 $319 Very Low 31-50% 217 $630 190 $590 Low 51-80% 201 $1,083 213 $1,000 Moderate 81-120% 94 $1,593 120 $1,345 Overall Average Rent 707 $907 699 $813 Monthly Occupancy and Average Rent Summary- November 2024 SENIOR PROPERTIES Area Median Income Category November 2024 Number of Units November 2024 Average Monthly Rent November 2023 Number of Units November 2023 Average Monthly Rent Extremely Low 0-30% 140 $319 120 $315 Very Low 31-50% 168 $596 165 $562 Low 51-80% 52 $982 68 $933 Moderate 81-120% 12 $1,592 14 $1,331 Overall Average Rent 372 $872 367 $785 3. Monthly Occupancy and Average Rent Statement: A breakdown of the Average Rent Summary report, and overall occupancy calculation. Overall Occupancy November 2024 November 2023 Multi- Family Properties 96% 97% Senior Properties 98% 97% 14 Housing Commission Palm Desert Housing Authority November 2024 Monthly Lease Report Page 3 of 3 4. Monthly Net Operating Income (NOI): Financial performance of the properties Net Operating Summary for November 2024 Multi-Family Senior Total Revenue $566,712 $213,460 Total Expenses $333,722 $172,734 Net Operating Income $232,990 $40,726 FYTD Net Operating Income* *Excludes Replacement and Capital Expenses and Corresponding Reimbursement, where applicable, since these are paid from reserve funds Multi-Family Senior Current Fiscal Year to Date 2025 NOI 7/1/2024 to 11/31/2024 $1,015,275 $210,532 Prior Year Full-Year NOI through 6/30/2024 $1,942,199 $467,542 ATTACHMENTS: 1. Monthly Occupancy Status Report 2. Average Rent Summary 3. Average Rent Statement 4. Monthly Net Operating Statement 15 16 MONTHLY OCCUPANCY STATUS REPORT NOVEMBER 2024 REPORT REPORTING MONTH: November-24 REPORT DATE: 12/20/24 "MULTI-FAMILY PROPERTIES"Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 California Villas a. Total Units in Complex 141 141 141 141 141 141 141 141 141 141 141 141 b. Unoccupied Units 6 2 1 3 5 2 0 3 7 5 3 4 c. Occupied Units 135 139 140 137 136 139 141 138 134 136 138 137 d. Pending Leases 3 2 1 2 5 1 0 2 7 5 3 2 e. Ending Occupied & Pre-leased 138 141 141 139 141 140 141 140 141 141 141 139 f. Down Units 1 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 130 10 20 40 30 15 30 25 40 20 30 20 h. Re-Cert Pkts Sent Out During Month 12 6 13 13 14 16 4 13 16 17 13 10 i. Number of Traffic Qualified 15 12 25 30 20 25 30 20 30 10 20 20 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 3 2 2 2 4 2 2 3 5 4 2 4 c. Occupied Units 61 62 62 62 60 62 62 61 59 60 62 60 d. Pending Leases 1 0 1 1 2 1 1 2 4 3 0 1 e. Ending Occupied & Pre-leased 62 62 63 63 62 63 63 63 63 63 62 61 f. Down Units 1 1 1 1 1 1 1 1 1 1 1 1 g. Number of Wait List Contactees 65 79 51 53 58 79 56 65 0 33 63 36 h. Re-Cert Pkts Sent Out During Month 3 4 5 5 2 5 4 3 53 3 2 5 i. Number of Traffic Qualified 11 22 24 17 22 31 28 20 18 23 25 11 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 5 2 2 3 2 3 3 3 2 2 2 2 c. Occupied Units 43 46 46 46 46 45 45 45 46 46 46 46 d. Pending Leases 5 1 2 1 1 3 1 2 2 2 2 2 e. Ending Occupied & Pre-leased 48 47 48 47 47 48 46 47 48 48 48 48 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 20 30 25 30 35 40 30 35 30 35 40 30 h. Re-Cert Pkts Sent Out During Month 5 4 4 1 3 4 2 1 1 4 6 3 i. Number of Traffic Qualified 25 35 40 30 30 35 30 40 30 34 40 38 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 0 1 2 0 0 2 2 1 0 0 0 0 c. Occupied Units 24 23 22 24 24 22 22 23 24 24 24 24 d. Pending Leases 0 0 2 0 0 0 1 1 0 0 0 0 e. Ending Occupied & Pre-leased 24 23 24 24 24 22 23 24 24 24 24 24 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 0 54 26 0 0 56 49 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 1 1 2 1 3 1 1 2 1 4 1 1 i. Number of Traffic Qualified 5 11 8 11 16 23 111 23 15 16 11 6 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 16 16 17 16 9 13 13 14 10 8 15 15 c. Occupied Units 368 368 367 368 375 371 371 370 374 376 369 369 d. Pending Leases 11 9 6 9 2 3 8 9 10 7 9 12 e. Ending Occupied & Pre-leased 379 377 373 377 377 374 379 379 384 383 378 381 f. Down Units 9 8 0 0 8 7 0 0 0 0 0 0 g. Number of Wait List Contactees 69 81 180 210 198 82 85 195 135 239 80 70 h. Re-Cert Pkts Sent Out During Month 26 30 34 23 28 24 36 23 20 24 30 21 i. Number of Traffic Qualified 63 44 92 57 91 87 75 69 82 70 78 66 j. Number of Traffic Non-Qualified 1 5 2 4 9 3 5 14 5 7 7 2 11/01/24 Page 1 of 2 MOS Multi-Family 11.24 17 MONTHLY OCCUPANCY STATUS REPORT NOVEMBER 2024 REPORT "MULTI-FAMILY PROPERTIES"Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-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 0 0 1 1 1 1 0 0 0 1 c. Occupied Units 35 35 36 36 35 35 35 35 36 36 36 35 d. Pending Leases 0 1 0 0 0 0 1 1 0 0 0 0 e. Ending Occupied & Pre-leased 35 36 36 36 35 35 36 36 36 36 36 35 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 0 20 25 10 25 30 35 25 15 20 25 0 h. Re-Cert Pkts Sent Out During Month 2 2 2 2 1 4 2 2 3 3 2 3 i. Number of Traffic Qualified 15 10 15 15 15 20 25 20 15 25 25 38 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 2 2 2 2 1 0 0 1 0 0 0 0 c. Occupied Units 18 18 18 18 19 20 20 19 20 20 20 20 d. Pending Leases 1 1 2 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 19 19 20 18 19 20 20 19 20 20 20 20 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 20 20 25 20 25 25 20 10 10 0 15 0 h. Re-Cert Pkts Sent Out During Month 1 0 2 0 3 0 0 3 3 0 1 0 i. Number of Traffic Qualified 20 10 10 10 15 20 15 20 15 20 24 38 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 2 1 2 2 2 2 2 0 0 0 0 0 c. Occupied Units 14 15 14 14 14 14 14 16 16 16 16 16 d. Pending Leases 1 0 0 1 0 0 1 0 0 0 0 0 e. Ending Occupied & Pre-leased 15 15 14 15 14 14 15 16 16 16 16 16 f. Down Units 1 1 0 0 0 1 0 0 0 0 0 0 g. Number of Wait List Contactees 0 0 0 0 0 39 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 1 3 1 0 2 0 0 2 1 0 1 0 i. Number of Traffic Qualified 5 6 8 8 11 17 9 0 11 8 7 5 j. Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 SUMMARY MULTI-FAMILY PROPERTIES Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 a. Total Units in Complex 733 733 733 733 733 733 733 733 733 733 733 733 b. Unoccupied Units 35 27 28 28 24 25 23 26 24 19 22 26 c. Occupied Units 698 706 705 705 709 708 710 707 709 714 711 707 d. Pending Leases 22 14 14 14 10 8 13 17 23 17 14 17 e. Ending Occupied & Pre-leased 720 720 719 719 719 716 723 724 732 731 725 724 f. Down Units 12 10 1 1 9 9 1 1 1 1 1 1 g. Number of Wait List Contactees 304 294 352 363 371 366 305 355 230 347 253 156 h. Re-Cert Pkts Sent Out During Month 51 50 63 45 56 54 49 49 98 55 56 43 i. Number of Traffic Qualified 159 150 222 178 220 258 323 212 216 206 230 222 j. Number of Traffic Non-Qualified 1 5 2 4 9 3 5 14 5 7 7 2 11/01/24 Page 2 of 2 MOS Multi-Family 11.24 18 MONTHLY OCCUPANCY STATUS REPORT NOVEMBER 2024 REPORT REPORTING MONTH: November-24 REPORT DATE: 12/20/24 "SENIOR PROPERTIES"Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Candlewood a. Total Units in Complex 30 30 30 30 30 30 30 30 30 30 30 30 b. Unoccupied Units 2 3 4 4 3 3 1 0 0 0 0 0 c. Occupied Units 28 27 26 26 27 27 29 30 30 30 30 30 d. Pending Leases 0 0 0 0 1 0 1 0 0 0 0 0 e. Ending Occupied & Pre-leased 28 27 26 26 28 27 30 30 30 30 30 30 f. Down Units 2 2 0 0 1 2 0 0 0 0 0 0 g. Number of Wait List Contactees 0 0 0 0 0 0 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 2 3 0 3 2 4 3 1 1 2 0 4 i. Number of Traffic Qualified 0 0 0 0 0 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 Carlos Ortega a. Total Units in Complex 73 73 73 73 73 73 73 73 73 73 73 73 b. Unoccupied Units 0 1 2 2 2 1 1 1 1 1 0 0 c. Occupied Units 73 72 71 71 71 72 72 72 72 72 73 73 d. Pending Leases 0 0 0 1 1 1 1 1 1 1 0 0 e. Ending Occupied & Pre-leased 73 72 71 72 72 73 73 73 73 73 73 73 f. Down Units 0 1 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 30 28 40 16 16 20 20 30 30 20 7 0 h. Re-Cert Pkts Sent Out During Month 3 9 9 7 6 11 12 11 5 4 3 3 i. Number of Traffic Qualified 3 1 2 3 2 1 2 1 2 0 4 6 j. Number of Traffic Non-Qualified 2 0 2 0 0 1 1 2 1 2 1 0 Catalina Gardens a. Total Units in Complex 72 72 72 72 72 72 72 72 72 72 72 72 b. Unoccupied Units 5 6 5 5 4 5 3 3 3 2 3 3 c. Occupied Units 67 66 67 67 68 67 69 69 69 70 69 69 d. Pending Leases 3 2 0 1 0 5 2 0 1 0 1 2 e. Ending Occupied & Pre-leased 70 68 67 68 68 72 71 69 70 70 70 71 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 200 95 72 86 96 105 110 80 78 80 90 130 h. Re-Cert Pkts Sent Out During Month 7 4 3 3 6 5 7 3 2 7 9 6 i. Number of Traffic Qualified 12 2 3 3 4 5 4 3 2 2 4 4 j. Number of Traffic Non-Qualified 2 6 4 4 2 2 3 2 3 1 3 4 La Rocca Villas a. Total Units in Complex 27 27 27 27 27 27 27 27 27 27 27 27 b. Unoccupied Units 2 2 0 0 0 0 0 0 0 0 0 0 c. Occupied Units 25 25 27 27 27 27 27 27 27 27 27 27 d. Pending Leases 1 2 0 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 26 27 27 27 27 27 27 27 27 27 27 27 f. Down Units 0 0 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 62 0 0 0 0 0 0 0 0 0 0 0 h. Re-Cert Pkts Sent Out During Month 1 1 1 4 3 1 3 1 1 0 3 2 i. Number of Traffic Qualified 0 4 6 7 2 1 1 0 1 3 3 2 j. Number of Traffic Non-Qualified 0 0 0 0 0 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 b. Unoccupied Units 6 4 4 0 1 0 2 2 4 3 4 5 c. Occupied Units 144 146 146 150 150 150 148 148 146 147 146 145 d. Pending Leases 3 2 0 0 0 0 1 1 2 3 1 4 e. Ending Occupied & Pre-leased 147 148 146 150 150 150 149 149 148 150 147 149 f. Down Units 2 2 0 0 0 0 0 0 0 0 0 0 g. Number of Wait List Contactees 84 98 68 35 0 0 60 24 15 23 30 30 h. Re-Cert Pkts Sent Out During Month 7 11 5 5 8 13 18 15 11 19 9 14 i. Number of Traffic Qualified 5 36 46 51 49 25 4 34 34 25 51 33 j. Number of Traffic Non-Qualified 0 0 0 0 0 0 0 0 0 0 0 0 11/01/2024 Page 1 of 2 MOS Senior 11.24 19 MONTHLY OCCUPANCY STATUS REPORT NOVEMBER 2024 REPORT "SENIOR PROPERTIES"Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Pueblos a. Total Units in Complex 15 15 15 15 15 15 15 15 15 15 15 15 b. Unoccupied Units 0 0 1 1 0 0 0 0 0 0 0 0 c. Occupied Units 15 15 14 14 15 15 15 15 15 15 15 15 d. Pending Leases 0 0 0 0 0 0 0 0 0 0 0 0 e. Ending Occupied & Pre-leased 15 15 14 14 15 15 15 15 15 15 15 15 f. Down Units 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 h. Re-Cert Pkts Sent Out During Month 0 0 0 0 0 4 1 1 1 1 3 3 i. Number of Traffic Qualified 0 0 0 0 0 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 Sage Crest Sr. a. Total Units in Complex 14 14 14 14 14 14 14 14 14 14 14 14 b. Unoccupied Units 0 0 1 1 0 1 1 1 1 1 1 1 c. Occupied Units 14 14 13 13 13 13 13 13 13 13 13 13 d. Pending Leases 0 0 0 0 0 1 1 1 0 0 1 1 e. Ending Occupied & Pre-leased 14 14 13 13 13 14 14 14 13 13 14 14 f. Down Units 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 h. Re-Cert Pkts Sent Out During Month 2 0 0 0 2 1 1 1 1 3 2 2 i. Number of Traffic Qualified 0 0 0 0 0 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 SUMMARY SENIOR PROPERTIES Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 a. Total Units in Complex 381 381 381 381 381 381 381 381 381 381 381 381 b. Unoccupied Units 15 16 17 13 10 10 8 7 9 7 8 9 c. Occupied Units 366 365 364 368 371 371 373 374 372 374 373 372 d. Pending Leases 7 6 0 2 2 7 6 3 4 4 3 7 e. Ending Occupied & Pre-leased 373 371 364 370 373 378 379 377 376 378 376 379 f. Down Units 4 5 0 0 1 2 0 0 0 0 0 0 g. Number of Wait List Contactees 376 221 180 137 112 125 190 134 123 123 127 160 h. Re-Cert Pkts Sent Out During Month 22 28 18 22 27 39 45 33 22 36 29 34 i. Number of Traffic Qualified 20 43 57 64 57 32 11 38 39 30 62 45 j. Number of Traffic Non-Qualified 4 6 6 4 2 3 4 4 4 3 4 4 11/01/2024 Page 2 of 2 MOS Senior 11.24 20 MONTHLY OCCUPANCY AND AVERAGE RENT SUMMARY NOVEMBER 2024 * ** AMI % Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent Ann. Income Mo. Rent 20%13,650 284 15,600 325 17,550 366 19,500 406 25%17,063 355 19,500 406 21,938 457 24,375 508 30%21,550 511 24,600 513 27,700 577 31,200 650 35%23,888 498 27,300 569 30,713 640 34,125 711 40%27,300 569 31,200 650 35,100 731 39,000 813 45%30,713 640 35,100 731 39,488 823 43,875 914 50%35,900 748 41,000 854 46,100 960 51,250 1,068 55%37,538 782 42,900 894 48,263 1,005 53,625 1,117 60%40,950 853 46,800 975 52,650 1,097 58,500 1,219 65%44,363 1,109 50,700 1,268 57,038 1,426 63,375 1,584 70%47,775 1,194 54,600 1,365 61,425 1,536 68,250 1,706 75%51,188 1,280 58,500 1,463 65,813 1,645 73,125 1,828 80%57,400 1,435 65,600 1,640 73,800 1,845 82,000 2,050 85%58,013 1,450 66,300 1,658 74,588 1,865 82,875 2,072 90%61,425 1,536 70,200 1,755 78,975 1,974 87,750 2,194 95%64,838 1,621 74,100 1,853 83,363 2,084 92,625 2,316 100%68,250 1,706 78,000 1,950 87,750 2,194 97,500 2,438 105%71,663 1,792 81,900 2,048 92,138 2,303 102,375 2,559 110%75,075 1,877 85,800 2,145 96,525 2,413 107,250 2,681 115%78,488 1,962 89,700 2,243 100,913 2,523 112,125 2,803 120%81,900 2,048 93,600 2,340 105,300 2,633 117,000 2,925 * Including On-Site Management units, occupied units total 11 ** Including On-Site Management units, occupied units total 5 Riverside County Income Eligibility as of 7/1/2024. Monthly rent is exclusive of Utility Allowance. Extremely Low 0-30%Very Low 31-50%Low 51-80%Moderate 81%-120% Total 707 320 630 1,083 1,593 907 195 217 201 94 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 140 168 52 Senior Complexes Average Mo. RentNo. of Units 12 372 319 596 982 1,592 872 Page 1 Summary Rpt #1 11.24 21 22 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT NOVEMBER 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. EXTREMELY LOW: 20% OF MEDIAN a. Studio 3 216 3 216 b. 1 BR, 1 BA 10 247 2 216 1 209 12 236 25 238 c. 2 BR, 1 BA 2 232 4 248 4 217 10 232 d. 2 BR, 2 BA 1 232 6 241 7 240 e. Totals 20%10 5 3 1 22 4 0 0 45 2. EXTREMELY LOW: 21-25% OF MEDIAN a. Studio 8 283 8 283 b. 1 BR, 1 BA 21 322 8 296 5 300 34 305 68 309 c. 2 BR, 1 BA 4 332 5 337 1 297 10 331 d. 2 BR, 2 BA 1 309 12 324 13 323 e. Totals 21-25%21 16 5 1 50 5 1 0 99 3. EXTREMELY LOW: 26-30% OF MEDIAN a. Studio 1 381 2 361 3 367 b. 1 BR, 1 BA 12 425 1 364 1 373 8 402 22 411 c. 2 BR, 1 BA 1 391 5 452 4 413 2 405 1 391 13 423 d. 2 BR, 2 BA 4 430 9 415 13 419 e. Totals 26-30%12 2 4 4 22 4 2 1 51 Total extremely low =43 23 12 6 94 13 3 1 195 Percent of total 31.39%38.33%26.09%25.00%25.47%37.14%15.00%6.25%27.58% 4. VERY LOW: 31-35% OF MEDIAN a. Studio 2 422 1 414 3 419 b. 1 BR, 1 BA 8 480 2 448 2 466 13 471 25 472 c. 2 BR, 1 BA 2 496 1 505 2 514 1 474 1 486 7 498 d. 2 BR, 2 BA 3 493 6 508 9 503 e. Totals 31-35%8 4 5 3 20 2 1 1 44 5. VERY LOW: 36-40% OF MEDIAN a. Studio 2 492 2 492 b. 1 BR, 1 BA 14 567 1 527 1 536 6 558 22 561 c. 2 BR, 1 BA 1 575 7 600 2 574 4 569 14 586 d. 2 BR, 2 BA 9 594 9 594 e. Totals 36-40%14 3 2 0 22 2 4 0 47 6. VERY LOW: 41-45% OF MEDIAN a. Studio 3 552 3 552 b. 1 BR, 1 BA 15 641 1 606 2 626 14 636 32 637 c. 2 BR, 1 BA 2 663 3 699 5 672 3 668 1 652 14 674 d. 2 BR, 2 BA 3 672 13 688 16 685 e. Totals 41-45%15 4 4 3 30 5 3 1 65 7. VERY LOW: 46-50% OF MEDIAN a. Studio 2 639 1 680 3 653 b. 1 BR, 1 BA 8 733 1 683 8 714 17 721 c. 2 BR, 1 BA 1 732 2 740 10 819 6 741 3 728 2 740 24 771 d. 2 BR, 2 BA 1 826 16 802 17 803 e. Totals 46-50%8 3 4 1 34 6 3 2 61 Total very low =45 14 15 7 106 15 11 4 217 Percent of total 32.85%23.33%32.61%29.17%28.73%42.86%55.00%25.00%30.69% 8. LOWER: 51-55% OF MEDIAN a. Studio 4 702 4 702 b. 1 BR, 1 BA 6 798 1 772 8 795 15 794 c. 2 BR, 1 BA 1 841 12 861 3 866 1 841 17 860 d. 2 BR, 2 BA 1 841 10 866 11 864 e. Totals 51-55%6 4 2 1 30 3 0 1 47 9. LOWER: 56-60% OF MEDIAN a. Studio 2 857 2 857 b. 1 BR, 1 BA 13 886 2 866 11 876 26 880 c. 2 BR, 1 BA 3 929 9 956 2 943 1 951 5 943 20 947 d. 2 BR, 2 BA 3 940 12 951 15 949 e. Totals 56-60%13 2 5 3 32 2 1 5 63 NEIGHBORS Nov-24 12/20/2024 CALIFORNIA VILLAS DESERT POINTE LAGUNA PALMS ONE QUAIL PLACE PALM VILLAGE SANTA ROSA TAOS PALMS TOTALS 11/01/2024 Page 1 of 2 Rpt #1 Multi-Family 11.24 23 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT NOVEMBER 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. LOWER: 61-65% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 5 1,179 8 1,152 13 1,162 c. 2 BR, 1 BA 1 1,292 3 1,282 2 1,258 6 1,276 d. 2 BR, 2 BA 1 1,248 9 1,277 10 1,274 e. Totals 61-65%5 0 1 1 20 0 2 0 29 11. LOWER: 66-70% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 4 1,271 1 1,229 5 1,258 10 1,260 c. 2 BR, 1 BA 3 1,333 5 1,383 1 1,354 9 1,363 d. 2 BR, 2 BA 2 1,354 12 1,393 14 1,387 e. Totals 66-70%4 0 4 2 22 0 0 1 33 12. LOWER: 71-75% OF MEDIAN a. Studio 2 1,192 2 1,192 b. 1 BR, 1 BA 2 1,358 1 1,360 2 1,316 5 1,341 c. 2 BR, 1 BA 2 1,461 2 1,480 1 1,499 5 1,476 d. 2 BR, 2 BA 7 1,509 7 1,509 e. Totals 71-75%2 3 2 0 11 1 0 0 19 13. LOWER: 76-80% OF MEDIAN a. Studio 1 1,213 1 1,213 b. 1 BR, 1 BA 2 1,325 3 1,387 5 1,362 c. 2 BR, 1 BA 1 1,544 2 1,581 1 1,532 4 1,559 d. 2 BR, 2 BA 0 - e. Totals 76-80%2 1 1 0 5 0 1 0 10 Total lower =32 10 15 7 120 6 4 7 201 ·Percent of total 23.36%16.67%32.61%29.17%32.52%17.14%20.00%43.75%28.43% 14. MODERATE: 81-120% OF MEDIAN a. Studio 3 1,314 3 1,314 b. 1 BR, 1 BA 16 1,409 6 1,331 1 1,304 19 1,376 42 1,381 c. 2 BR, 1 BA 1 2,010 3 1,743 3 1,759 11 1,751 1 2,010 2 2,010 4 1,814 25 1,802 d. 2 BR, 2 BA 1 2,010 4 1,788 19 1,768 24 1,781 Total moderate =17 13 4 4 49 1 2 4 94 Percent of total 12.41%21.67%8.70%16.67%13.28%2.86%10.00%25.00%13.30% 15. Total units occupied:137 60 46 24 369 35 20 16 707 16. Occupancy rate =97%94%96%100%96%97%100%100%96% NOTE: For each project, to calculate average rent for a unit type at an income level, divide the total rental income of that unit 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% 11/01/2024 Page 2 of 2 Rpt #1 Multi-Family 11.24 24 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT NOVEMBER 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. EXTREMELY LOW: 20% OF MEDIAN a. Studio 5 186 5 186 b. 1 BR, 1 BA 2 211 2 315 3 206 3 263 4 214 14 237 c. 2 BR, 1 BA 1 366 6 214 7 236 d. 2 BR, 2 BA 0 - e. Totals 20%2 3 8 3 10 0 0 26 2. EXTREMELY LOW: 21-25% OF MEDIAN a. Studio 16 256 16 256 b. 1 BR, 1 BA 5 287 8 394 3 293 5 354 19 284 3 296 1 291 44 314 c. 2 BR, 1 BA 2 307 4 301 6 303 d. 2 BR, 2 BA 0 - e. Totals 21-25%7 8 19 5 23 3 1 66 3. EXTREMELY LOW: 26-30% OF MEDIAN a. Studio 7 339 7 339 b. 1 BR, 1 BA 4 370 7 467 3 358 4 445 9 371 3 376 3 379 33 400 c. 2 BR, 1 BA 2 551 6 396 8 435 d. 2 BR, 2 BA 0 - e. Totals 26-30%4 9 10 4 15 3 3 48 Total extremely low =13 20 37 12 48 6 4 140 Percent of total 43.33%27.40%53.62%44.44%33.10%40.00%30.77%37.63% 4. VERY LOW: 31-35% OF MEDIAN a. Studio 3 390 3 390 b. 1 BR, 1 BA 4 438 5 555 5 446 5 510 9 447 4 445 3 460 35 471 c. 2 BR, 1 BA 1 620 8 477 9 492 d. 2 BR, 2 BA 0 - e. Totals 31-35%4 6 8 5 17 4 3 47 5. VERY LOW: 36-40% OF MEDIAN a. Studio 3 471 3 471 b. 1 BR, 1 BA 4 526 7 634 2 595 18 531 1 544 1 547 33 557 c. 2 BR, 1 BA 5 567 5 567 d. 2 BR, 2 BA 0 - e. Totals 36-40%4 7 3 2 23 1 1 41 6. VERY LOW: 41-45% OF MEDIAN a. Studio 5 536 5 536 b. 1 BR, 1 BA 2 611 6 720 6 611 2 664 9 608 3 618 1 606 29 637 c. 2 BR, 1 BA 2 797 9 663 11 687 d. 2 BR, 2 BA 0 - e. Totals 41-45%2 8 11 2 18 3 1 45 7. VERY LOW: 46-50% OF MEDIAN a. Studio 1 656 1 656 b. 1 BR, 1 BA 3 694 13 818 1 668 2 732 8 710 1 748 2 713 30 757 c. 2 BR, 1 BA 1 824 1 960 2 771 4 832 d. 2 BR, 2 BA 0 - e. Totals 46-50%4 14 2 2 10 1 2 35 Total very low =14 35 24 11 68 9 7 168 ·Percent of total 46.67%47.95%34.78%40.74%46.90%60.00%53.85%45.16% 8. LOWER: 51-55% OF MEDIAN a. Studio 2 678 2 678 b. 1 BR, 1 BA 1 785 4 873 1 757 1 821 5 766 12 807 c. 2 BR, 1 BA 4 837 4 837 d. 2 BR, 2 BA 0 - e. Totals 51-55%1 4 3 1 9 0 0 18 9. LOWER: 56-60% OF MEDIAN a. Studio 2 748 2 748 b. 1 BR, 1 BA 4 945 2 851 6 869 2 872 14 889 c. 2 BR, 1 BA 1 1,063 1 951 2 1,007 d. 2 BR, 2 BA 0 - e. Totals 56-60%0 5 4 0 7 0 2 18 Nov-24 12/20/2024 PUEBLOS TOTALS SAGE CREST SR.CANDLEWOOD LAS SERENASCARLOS ORTEGA LA ROCCA VILLASCATALINA 11/01/2024 Page 1 of 2 Rpt #1 Senior 11.24 25 REPORT #1 - MONTHLY OCCUPANCY AND AVERAGE RENT STATEMENT NOVEMBER 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. LOWER: 61-65% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 4 1,239 1 1,184 2 1,123 7 1,198 c. 2 BR, 1 BA 0 - d. 2 BR, 2 BA 0 - e. Totals 61-65%0 4 0 1 2 0 0 7 11. LOWER: 66-70% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 1 1,268 2 1,238 3 1,248 c. 2 BR, 1 BA 0 - d. 2 BR, 2 BA 0 - e. Totals 66-70%0 1 0 0 2 0 0 3 12. LOWER: 71-75% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 2 1,431 2 1,431 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. LOWER: 76-80% OF MEDIAN a. Studio 0 - b. 1 BR, 1 BA 1 1,398 2 1,399 3 1,398 c. 2 BR, 1 BA 1 1,532 1 1,532 d. 2 BR, 2 BA 0 - e. Totals 76-80%0 1 0 0 3 0 0 4 Total lower =1 17 7 2 23 0 2 52 Percent of total 3.33%23.29%10.14%7.41%15.86%0.00%15.38%13.98% 14. MODERATE: 81-120% OF MEDIAN a. Studio 1 1,517 1 1,517 b. 1 BR, 1 BA 1 1,289 2 1,482 3 1,363 6 1,390 c. 2 BR, 1 BA 1 2,010 3 1,740 4 1,808 d. 2 BR, 2 BA 1 2,010 1 2,010 Total moderate =2 1 1 2 6 0 0 12 Percent of total 6.67%1.37%1.45%7.41%4.14%0.00%0.00%3.23% 15. Total units occupied:30 73 69 27 145 15 13 372 16. Occupancy rate =100%100%96%100% 97%100%93%98% 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% 11/01/2024 Page 2 of 2 Rpt #1 Senior 11.24 26 NOVEMBER 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Nov-24 "MULTI-FAMILY PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:12/20/2024 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 EXTREMELY LOW: 20% Occupied units 10 5 3 1 22 4 - - 45 Total rental income 2,470 1,080 673 232 5,274 868 10,597 Per occupied unit 247 216 224 232 240 217 235 EXTREMELY LOW: 21% --> 25% Occupied units 21 16 5 1 50 5 1 - 99 Total rental income 6,757 4,630 1,500 309 15,570 1,687 297 30,750 Per occupied unit 322 289 300 309 311 337 297 311 EXTREMELY LOW: 26% --> 30% Occupied units 12 2 4 4 22 4 2 1 51 Total rental income 5,096 745 1,485 1,720 9,209 1,651 810 391 21,107 Per occupied unit 425 373 371 430 419 413 405 391 414 VERY LOW: 31% --> 35% Occupied units 8 4 5 3 20 2 1 1 44 Total rental income 3,842 1,740 2,338 1,480 9,682 1,028 474 486 21,070 Per occupied unit 480 435 468 493 484 514 474 486 479 VERY LOW: 36% --> 40% Occupied units 14 3 2 - 22 2 4 - 47 Total rental income 7,938 1,511 1,111 12,896 1,148 2,274 26,878 Per occupied unit 567 504 556 586 574 569 572 VERY LOW: 41% --> 45% Occupied units 15 4 4 3 30 5 3 1 65 Total rental income 9,615 2,262 2,578 2,015 19,951 3,361 2,005 652 42,439 Per occupied unit 641 566 645 672 665 672 668 652 653 VERY LOW: 46% --> 50% Occupied units 8 3 4 1 34 6 3 2 61 Total rental income 5,863 2,010 2,843 826 26,738 4,448 2,184 1,480 46,392 Per occupied unit 733 670 711 826 786 741 728 740 761 VERY LOW Up to 50% Occupied units 88 37 27 13 200 28 14 5 412 Total rental income 41,581 13,978 12,528 6,582 99,320 14,191 8,044 3,009 199,233 Per occupied unit 473 378 464 506 497 507 575 602 484 LOWER: 51% --> 55% Occupied units 6 4 2 1 30 3 - 1 47 Total rental income 4,786 2,808 1,613 841 25,350 2,597 - 841 38,836 Per occupied unit 798 702 807 841 845 866 841 826 LOWER: 56% --> 60% Occupied units 13 2 5 3 32 2 1 5 63 Total rental income 11,516 1,714 4,519 2,821 29,657 1,886 951 4,713 57,777 Per occupied unit 886 857 904 940 927 943 951 943 917 LOWER: 61% --> 65% Occupied units 5 - 1 1 20 - 2 - 29 Total rental income 5,897 - 1,292 1,248 24,551 - 2,516 35,504 Per occupied unit 1,179 1,292 1,248 1,228 1,258 1,224 LOWER: 66% --> 70% Occupied units 4 - 4 2 22 - - 1 33 Total rental income 5,084 - 5,228 2,708 29,918 - - 1,354 44,292 Per occupied unit 1,271 1,307 1,354 1,360 1,354 1,342 LOWER: 71% --> 75% Occupied units 2 3 2 - 11 1 - - 19 Total rental income 2,715 3,744 2,922 16,152 1,499 - 27,032 Per occupied unit 1,358 1,248 1,461 1,468 1,499 1,423 LOWER: 76% --> 80% Occupied units 2 1 1 - 5 - 1 - 10 Total rental income 2,650 1,213 1,544 7,322 1,532 14,261 Per occupied unit 1,325 1,213 1,544 1,464 1,532 1,426 LOWER: 51% --> 80% Occupied units 32 10 15 7 120 6 4 7 201 Total rental income 32,648 9,479 17,118 7,618 132,950 5,982 4,999 6,908 217,702 Per occupied unit 1,020 948 1,141 1,088 1,108 997 1,250 987 1,083 MODERATE: 81% --> 120% Occupied units 17 13 4 4 49 1 2 4 94 Total rental income 24,561 19,164 6,580 7,150 78,999 2,010 4,020 7,254 149,738 Per occupied unit 1,445 1,474 1,645 1,788 1,612 2,010 2,010 1,814 1,593 Summary Income: Rent Roll Expected Income 98,790 42,621 36,226 21,350 311,269 22,183 17,063 17,171 566,673 Delinquent Income (1,061) (3,082) (1,217) (2,010) 8,247 (1,302) (2,010) (3,237) (5,672) Actual Rent Received 97,729 39,539 35,009 19,340 319,516 20,881 15,053 13,934 561,001 Other Income: Laundry 139 - - - 2,607 - - - 2,746 Other (Credit Report/Late Fees)655 130 415 75 1,190 225 175 100 2,965 Total Operating Income 98,523 39,669 35,424 19,415 323,313 21,106 15,228 14,034 566,712 Occupied Units 137 60 46 24 369 35 20 16 707 Income per occupied unit 719 661 770 809 876 603 761 877 802 EXPENSES Operating Expenses: Payroll 22,236 9,462 9,231 3,208 72,035 5,827 2,343 2,868 127,211 NEIGHBORS 11/01/2024 Page 1 of 2 Rpt #2 Multi-Family 11.24 27 NOVEMBER 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Nov-24 "MULTI-FAMILY PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:12/20/2024 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 Per occupied unit 162 158 201 134 195 166 117 179 180 Administrative 7,733 2,726 2,242 1,648 20,768 2,472 1,220 1,137 39,945 Per occupied unit 56 45 49 69 56 71 61 71 56 Advertising/Promotion - 86 - - - - - - 86 Per occupied unit - 1 - - - - - - 0 Contract Services 11,887 4,368 4,671 2,119 3,745 2,052 1,397 952 31,189 Per occupied unit 87 73 102 88 10 59 70 59 44 Utility Services 10,365 3,772 4,790 1,121 33,108 3,115 1,561 841 58,673 Per occupied unit 76 63 104 47 90 89 78 53 83 Maintenance 7,144 1,828 (10,697) 1,319 42,151 (132) 1,288 739 43,640 Per occupied unit 52 30 (233) 55 114 (4) 64 46 62 Replacement expense 4,908 - 11,520 - 16,550 - - - 32,979 Per occupied unit 36 - 250 - 45 - - - 47 Capital expense - - - - - - - - - Per occupied unit - - - - - - - - - Total Operating Expenses 64,274 22,241 21,756 9,415 188,357 13,334 7,809 6,536 333,722 Per occupied unit 469 371 473 392 510 381 390 408 472 Summary Revenue and Expenses Total Operating Income 98,523 39,669 35,424 19,415 323,313 21,106 15,228 14,034 566,712 Total Operating Expenses 64,274 22,241 21,756 9,415 188,357 13,334 7,809 6,536 333,722 Monthly Net Operating Income 34,249 17,428 13,668 10,000 134,956 7,772 7,419 7,498 232,990 Per occupied unit 250 290 297 417 366 222 371 469 330 FYTD Net Operating Income* 161,817 43,000 28,416 38,707 655,563 27,680 31,410 28,682 1,015,275 Previous Fiscal Year NOI (6/30/2024)*297,200 112,539 62,592 30,825 1,275,759 97,026 45,323 20,935 1,942,199 * 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). 11/01/2024 Page 2 of 2 Rpt #2 Multi-Family 11.24 28 NOVEMBER 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Nov-24 "SENIOR PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:12/20/2024 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 EXTREMELY LOW: 20% Occupied units 2 3 8 3 10 - - 26 Total rental income 422 996 1,546 789 2,140 5,893 Per occupied unit 211 332 193 263 214 227 EXTREMELY LOW: 21% --> 25% Occupied units 7 8 19 5 23 3 1 66 Total rental income 2,051 3,152 4,977 1,769 6,605 888 291 19,733 Per occupied unit 293 394 262 354 287 296 291 299 EXTREMELY LOW: 26% --> 30% Occupied units 4 9 10 4 15 3 3 48 Total rental income 1,478 4,371 3,450 1,780 5,717 1,129 1,138 19,063 Per occupied unit 370 486 345 445 381 376 379 397 VERY LOW: 31% --> 35% Occupied units 4 6 8 5 17 4 3 47 Total rental income 1,752 3,393 3,398 2,548 7,838 1,780 1,380 22,089 Per occupied unit 438 566 425 510 461 445 460 470 VERY LOW: 36% --> 40% Occupied units 4 7 3 2 23 1 1 41 Total rental income 2,104 4,437 1,413 1,190 12,389 544 547 22,624 Per occupied unit 172 634 471 595 539 544 547 552 VERY LOW: 41% --> 45% Occupied units 2 8 11 2 18 3 1 45 Total rental income 1,222 5,914 6,346 1,328 11,434 1,853 606 28,703 Per occupied unit 611 739 577 664 635 618 606 638 VERY LOW: 46% --> 50% Occupied units 4 14 2 2 10 1 2 35 Total rental income 2,905 11,600 1,324 1,464 7,218 748 1,425 26,684 Per occupied unit 726 829 662 732 722 748 713 762 VERY LOW: Up to 50% Occupied units 27 55 61 23 116 15 11 308 Total rental income 11,934 33,863 22,454 10,868 53,341 6,942 5,387 144,789 Per occupied unit 442 616 368 473 460 463 490 470 LOWER: 51% --> 55% Occupied units 1 4 3 1 9 - - 18 Total rental income 785 3,492 2,113 821 7,129 - 14,340 Per occupied unit 785 873 704 821 792 797 LOWER: 56% --> 60% Occupied units - 5 4 - 7 - 2 18 Total rental income 4,843 3,198 - 6,165 1,744 15,950 Per occupied unit 969 800 881 872 886 LOWER: 61% --> 65% Occupied units - 4 - 1 2 - - 7 Total rental income - 4,955 1,184 2,246 8,385 Per occupied unit 1,239 1,184 1,123 1,198 LOWER: 66% --> 70% Occupied units - 1 - - 2 - - 3 Total rental income 1,268 2,476 3,744 Per occupied unit 1,268 1,238 1,248 LOWER: 71% --> 75% Occupied units - 2 - - - - - 2 Total rental income 2,861 - - 2,861 Per occupied unit 1,431 1,431 LOWER: 76% --> 80% Occupied units - 1 - - 3 - - 4 Total rental income 1,398 4,329 5,727 Per occupied unit 1,398 1,443 1,432 LOWER: 51% --> 80% Occupied units 1 17 7 2 23 - 2 52 Total rental income 785 18,817 5,311 2,005 22,345 - 1,744 51,007 Per occupied unit 785 1,107 759 1,003 972 872 981 MODERATE: 81% --> 120% Occupied units 2 1 1 2 6 - - 12 Total rental income 3,299 2,010 1,517 2,964 9,309 19,099 Per occupied unit 1,650 2,010 1,517 1,482 1,552 1,592 11/01/2024 Page 1 of 2 Rpt #2 Senior 11.24 29 NOVEMBER 2024 REPORT REPORT #2 - MONTHLY NET OPERATING INCOME STATEMENT: REPORTING MONTH:Nov-24 "SENIOR PROPERTIES"REPORTED BY: CYNDI KARP REPORT DATE:12/20/2024 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 Summary Income: Rent Roll Expected Income 16,018 54,690 29,282 15,837 84,995 6,942 7,131 214,895 Delinquent Income (982) (1,912) (1,983) (452) 3,317 - - (2,012) Actual Rent Received 15,036 52,778 27,299 15,385 88,312 6,942 7,131 212,883 Other Income: Laundry - - 118 - 388 - - 506 Other (Credit Report/Late Fees)- - 45 25 1 - - 71 Total operating income 15,036 52,778 27,462 15,410 88,701 6,942 7,131 213,460 Occupied Units 30 73 69 27 145 15 13 372 Income per occupied unit 501 723 398 571 612 463 549 574 EXPENSES Operating Expenses: Payroll 5,108 17,083 11,909 6,299 17,643 2,927 2,288 63,257 Per occupied unit 170 234 173 233 122 195 176 170 Administrative 1,945 3,974 3,138 2,128 7,182 1,419 923 20,708 Per occupied unit 65 54 45 79 50 95 71 56 Advertising/promotion - 21 - - 28 - - 49 Per occupied unit - 0 - - 0 - - 0 Contract services 2,633 6,692 3,460 1,994 4,192 759 935 20,664 Per occupied unit 88 92 50 74 29 51 72 56 Utility services 2,337 7,458 5,751 4,343 9,562 760 841 31,053 Per occupied unit 78 102 83 161 66 51 65 83 Maintenance 656 2,229 3,996 (1,412) 8,176 861 56 14,562 Per occupied unit 22 31 58 (52) 56 57 4 39 Replacement expense 3,824 - 4,202 - 14,415 - - 22,441 Per occupied unit 127 - 61 - 99 - - 60 Capital expense - - - - - - - - Per occupied unit - - - - - - - - Total Operating Expenses 16,502 37,458 32,457 13,351 61,199 6,725 5,042 172,734 Per occupied unit 550 513 470 494 422 448 388 464 Summary Revenue and Expenses Total Operating Income 15,036 52,778 27,462 15,410 88,701 6,942 7,131 213,460 Total Operating Expenses 16,502 37,458 32,457 13,351 61,199 6,725 5,042 172,734 Monthly Net Operating Income (1,466) 151,515 (4,995) 2,059 27,502 217 2,089 40,726 Per occupied unit (49) 2,076 (72) 76 190 14 161 109 FYTD Net Operating Income* 3,231 81,854 (24,283) (5,847) 165,167 (7,344) (2,245) 210,532 Previous Fiscal Year NOI (6/30/2024)* (30,763) 156,040 (102,677) (47,400) 490,379 (1,760) 3,722 467,542 * 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) 11/01/2024 Page 2 of 2 Rpt #2 Senior 11.24 30 Page 1 of 1 HOUSING COMMISSION PALM DESERT HOUSING AUTHORITY STAFF REPORT MEETING DATE: January 8, 2025 PREPARED BY: Cyndi Karp – FGA Regional Supervisor SUBJECT: RESIDENT ACTIVITIES FOR NOVEMBER AND DECEMBER 2024 RECOMMENDATION: 1. Receive and File BACKGROUND/ANALYSIS: November and December Resident Activities held at these PDHA Properties: Desert Pointe, Catalina Gardens and One Quail Place. FINANCIAL IMPACT: Funding used for the resident activities comes out of the Resident Activities budget for each respective property ATTACHMENTS: 1. 1. Presentation of Resident Activities for November and December 2024 31 32 Desert Pointe/Neighbors/Taos Palms: Resident Thanksgiving Party 33 Catalina Gardens/Candlewood/Pueblos/SageCrest Sr. – Resident Thanksgiving Breakfast 34 One Quail Place – Christmas Toy Giveaway with Officer Stacey Austin 35 Winners of Coloring Contest Ryder Rodriguez Rayvn – Laguna Palms Not Pictured Anessa – Palm Village Ryder – Cal Villas Ximena – Santa Rosa 36 Winner of Essay Writing Contest 37 Winner of Essay Writing Contest Robbie – One Quail Place 38