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HomeMy WebLinkAboutRDA RES 566RESOLUTION NO. 566 A RESOLUTION OF THE PALM DESERT REDEVELOPMENT AGENCY ADOPTING A FIVE-YEAR IMPLEMEN�'ATION PLAN FOR THE AGENCY'S REDEVELOPMENT PROJECT AREAS; AND ADOPTING THE AFFORDABLE HOUSING PRODUCTION PLAN, AND MAKING FINDINGS APPROVING THE AGGREGATION OF NEW OR SUBSTANTIALLY REHABILITATED DWELLING UNITS AMONG THE PROJECT AREAS WHEREAS, California Health and Safety Code Section 33490(a)(1)(A) requires all redevelopment agencies to adopt an Implementation Plan every five years, following a duly noticed public hearing; and WHEREAS, California Health and Safety Code Section 33490(a)(1)(A) requires the Implementation Plan to contain the specific goals and objectives of the agency for the project areas, the specific programs, inciuding potential projects, and estimated expenditures proposed to be made during the next five years, and an expianation of how the goals and objectives, programs, and expenditures will eliminate blight within the project areas and implement the requirements of California Health and Safety Code Sections 33334.2, 33334.4, 33334.6, and 33413; and WHEREAS, pursuant to California Health and Safety Code Section 33490, the Palm Desert Redevelopment Agency ("Agency") has prepared a Five-Year Implementation Pian, including a Ten Year Affordable Housing Compliance Plan, for Project Area No. 1(Original and Added Territory), Project Area No. 2, Project Area No. 3 and Project Area No. 4, contained herewith as Exhibit A; and WHEREAS, California Health and Safety Code Section 33413(b)(2)(A)(v) authorizes the Agency to aggregate new or substantially rehabilitated dwelling units in one or more project areas if the Agency finds, based on substantial evidence, after a public hearing, that the aggregation will not cause or exacerbate raciai, ethnic or economic segregation; and WHEREAS, the Agency held, on November 12, 2009, a noticed public hearing regarding the Implementation Plan and regarding the aggregation of new or substantially rehabilitated dwelling units in Project Area No. 1, As Amended, Project Area No. 2, Project Area No. 3, and Project Area No. 4; and RESOLUTION NO. 566 WHEREAS, substantial evidence has been presented to the Agency which demonstrates that: A. The 2009 population of the City of Palm Desert is 83.11 % White; 1.37% Black; 0.45% American Indian; 3.28% Asian; 0.11 % Pacific Islander; 8.41 % some other race alone; 3.26% two or more races; and 21.96% of the population is of Hispanic origin. The distribution of racial and ethnic groups is further detailed by Project Area in the attached Exhibit B, Table 1. The data provided in Exhibit B demonstrates that the racial makeup of each Project Area, with the exception of Project Area No. 2, is like that of the City itself. However, it cannot be assumed that raciai, ethnic or economic segregation has developed or will be exacerbated by the aggregation of Project Areas. The 2009 population of Project Area No. 2 is 90.41 % White; 1.36% Black; 0.17% American Indian; 2.82% Asian; 0.07% Pacific Islander; 3.23°/o some other race alone; 1.98% two or more races; and 8.62% of the population is of Hispanic origin. As Project Area No. 2(along with Project Area No. 3 which is the smallest geographically and has limited residentiai areas) has the smallest current population of any of the Project Areas and the majority of developable land for housing of the Project Areas, it can be inferred that as this Project Area is built out, it will take on the demographic characteristics of the City much like the other Project Areas which have already seen significant development. Between 2004 and 2009, the population of Whites in Project Area No. 2 decreased while the population of Blacks, Asians and persons of some other race or races increased, which is consistent with the changes in the overall City population between 2004 and 2009. B. The median family income and percentage of families living below the median income for the City of Palm Desert is documented for each Project Area and the City itself in the attached Exhibit B Tables 2 and 3. This exhibit details the income characteristics for both 2000 and 2009 populations. The percentage of families with incomes below the City's median income decreased from 2000 through 2009 for the City as well as for each Project Area other than Project Area No. 2. However, the increase for Project Area No.2 was only 0.4%. As Project Area No. 1(Original and Added Territory), Project Area No. 3 and Project Area No. 4 are consistent with the City in their median income levels and percentage of population living below the City median income it is clear that the aggregation of units has not and will not cause or exacerbate racial, ethnic or economic segregation. Project Area No. 2 has yet to benefit from substantial housing development and, in fact, has the greatest amount of developable land of any Project Area. An P6402/0001 /1182170v1 2 RESOLUTION NO. 566 estimated 2,401 units can be constructed in Project Area No. 2 from July of 2009 through the end of the term of the Redevelopment Plan for Project Area No. 2 in 2028. Many of these units will be reserved for very low, low and moderate income families. As most housing is to be developed in Project Area No. 2, the effect of such development will be to more evenly distribute the concentration of persons of all races, ethnicities and income levels. C. Each Project Area is of a different size and shape, and each has its own capacity for housing development. Presently, a majority of developable land for residential units is available in Project Area No. 2 where approximately 2,401 units can be constructed. Project Area No. 1(Original and Added Territory) is second with a potential 342 units. Project Area No. 3 follows with 554 potential units and Project Area No. 4 has the potential for an additional 148 units. The remaining units to be constructed in Project Area No. 1(Original and Added Territory), Project Area No. 3 and Project Area No. 4 will continue to mimic the racial, ethnic and in�ome characteristics of the City and Project Areas. Project Area No. 2, which has a vast amount of potential units, will experience the most significant change in its racial, ethnic and economic structu��. However, this change will not cause or exacerbate racial, ethnic, or economic segregation, but will in fact lead to a more diverse area mimicking that of Project Area No.1 (Original and Added Area), Project Area No. 3, Project Area No. 4 and the City itself. WHEREAS, the Agency seeks more flexibility to assist affordabie housing units in various areas in the City of Palm Desert; NOW, THEREFORE, the Palm Desert Redevelopment Agency does hereby find, determine and resolve as follows: Section 1. The Agency hereby adopts the Five-Year Implementation Plan, including a Ten Year Affordable Housing Compliance Plan, for Project Area No. 1 (Original and Added Territory), Project Area No. 2, Project Area No. 3 and Project Area No. 4, attached hereto as Exhibit A. Section 2. Based on information and testimony presented to the Agency, the Agency hereby finds, in accordance with California Health and Safety Code Section 33413(b)(2)(A)(v), the aggregation of new or substantially rehabilitated dwelling units in Project Area No. 1(Original and Added Territory), Project Area No. 2, Project Area No. 3 and Project Area No. 4 will not cause or exacerbate racial, ethnic or economic segregation. P6402/0001 /1182170v1 3 RESOLUTION NO. 566 Adopted at the regular meeting of the Palm Desert Redevelopment Agency on the 12th day of November 2009, by the following vote: AYES: BENSON, FERGUSON, FINERTY, KELLY, and SPIEGEL NOES: NONE ABSENT: NONE ABSTAIN: NONE . � � / ' � � ��1.:s�- •�; • , • - •�S(• , r ATTEST: RA HELLE D. K! ,qSSEN, CRETARY PALM DESERT REDEVE�OPMENT AGENCY P6402/0001/1182170v1 4 RESOLUTION NO. 566 EXHIBIT A � FIVE-YEAR IMPLEMENTATION PLAN PALM DESERT REDEVELOPMENT AGENCY � 2009-10 THROUGH 2O13-14 � ��� \ �� � Palm Desert Redevelopment Agency 73-510 Fred Waring Drive Palm Desert, CA 92260 (760) 346 -0611 Adopted November 12, 2009 Resolution No. 566 CITY OF PALM DESERT REDEVELOPMENT AGENCY BOARD Robert A. Spiegel, Chairperson Cindy Finerty, Vice Chairperson Jean M. Benson, Agency Member James Ferguson, Agency Member Richard Kelly, Agency Member REDEVELOPMENT AGENCY STAFF John M. Wohlmuth, Executive Director William Strausz of Richards Watson & Gershon, Agency Attorney Justin McCarthy, Assistant City Manager/Redevelopment Paul S. Gibson, Finance Director/Treasurer Janet M. Moore, Director of Housing Rachelle D. Klassen, City Clerk Martin Alvarez, Redevelopment Manager VeronicaTapia, RedevelopmentAccountant Catherine Walker, Senior Management Analyst � G7 TABLE OFCONTENTS L �� ,� INTRODUCTION ........................................................................................................ BACKGROUND......................................................................................................... 2010-2014 IMPLEMENTATION GOALS & OBJECTIVES ........................................ PROJECT AREA NO. 1 .................................................................................. PROJECT AREA NO. 1 MAP ......................................................................... PROJECT AREA NO. 1 ACCOMPLISHMENTS ............................................. PROJECT AREA NO. 1 PROPOSED REDEVELOPMENT PROGRAM ........ PROJECT AREA NO. 1 BUDGET .................................................................. PROJECT AREA NO. 2 ............................................................................................. PROJECT AREA NO. 2 MAP ......................................................................... PROJECT AREA NO. 2 ACCOMPLISHMENTS ............................................. PROJECT AREA NO. 2 PROPOSED REDEVELOPMENT PROGRAM ........ PROJECT AREA NO. 2 BUDGET .................................................................. PROJECT AREA NO. 3 ............................................................................................. PROJECT AREA NO. 3 MAP ......................................................................... PROJECT AREA NO. 3 ACCOMPLISHMENTS ............................................. PROJECT AREA NO. 3 PROPOSED REDEVELOPMENT PROGRAM ........ PROJECT AREA NO. 3 BUDGET .................................................................. PROJECTAREA NO. 4 ............................................................................................. PROJECT AREA NO. 4 MAP ......................................................................... PROJECT AREA NO. 4 ACCOMPLISHMENTS ............................................. PROJECT AREA NO. 4 PROPOSED REDEVELOPMENT PROGRAM ........ PROJECT AREA NO. 4 BUDGET .................................................................. ELIMINATION OF BLIGHT ........................................................................................ IMPLEMENTATION PLAN HOUSING REQUIREMENTS ......................................... ADMINISTRATION OF THE IMPLEMENTATION PLAN ........................................... � .............1 .............3 .............7 .............8 .............8 ...........10 ...........14 ...........19 ...........27 ...........21 ...........23 ...........26 ...........31 ...........34 ...........34 ...........36 ...........38 ...........41 ...........43 ...........43 ...........45 ...........48 ...........51 ...........53 ...........54 ...........55 � INTRODUCTION Redevelopment is an economic tool allowed under California State Law (specifically California Health & Safety Code Section 33000 et seq, also known as Community Redevelopment Law (the "Law" or "CRL")) which assists local governments in eliminating blight from a designated area, commonly referred to as a project area. Blight consists of both physical and economic conditions that contribute to a project area's deterioration. Redevelopment encourages new development, reconstruction and rehabilitation, creates jobs and generates tax revenues by helping develop partnerships between local governments and private entities. Redevelopment can help a community implement a revitalization effort for particular areas such as downtowns, neighborhoods or industrial areas. Furthermore, the CRL requires that no less than twenty percent (20%) of tax increment revenue derived from a redevelopment project area be used to increase, improve, and preserve the supply of housing for very low, low and moderate-income households. Because redevelopment plans are created and adopted on a local level, they respond to a community's unique needs and vision. Over 400 cities and counties in California have adopted redevelopment plans with the goal of revitalizing their communities. One of the major revenue sources that funds the Agency redevelopment and housing activities is tax increment revenue. Tax increment revenue is property tax revenue generated from the growth in a project area's total property value above the base year property value (determined when the project area is adopted) which is allocated to a redevelopment agency to fund redevelopment efforts. When development (or redevelopment) occurs on a property and/or a property is sold, it results in an increase in the property's assessed value and in turn an increase in property tax that is captured by a redevelopment agency as tax increment. Tax increment is also generated from properties that are not sold or where no new development occurs when their assessed value is increased by the annual application of the Proposition 13 annual inflationary increase (which is limited to two percent per year). Redevelopment agencies are entitled to collect tax increment revenue to repay any debt involved in a specific project or to reinvest the dollars in redevelopment activities within the project area. Of the total tax increment revenue received by an agency, 20 percent of tax increment revenue must be allocated to a housing fund specifically to finance increasing or improving housing affordable to low to moderate income persons or households. CRL Code Section 33490 requires that redevelopment agencies adopt a five-year Implementation Plan ("Implementation Plan or Plan") demonstrating how the goals and objectives, proposed programs and projects, and planned expenditures for their project areas will lead to the elimination of blight and implement low and moderate-income housing requirements. This Plan is intended to provide an overview of the Agency's goals and activities to address the alleviation of blight over the next five years. The Plan is not meant to detail a specific � course of action or to restrict Agency activities to those projects identified within the plan since market conditions, resources, and priorities change from time to time; rather, this Plan sets forth Agency "policy" for each project area. This Plan is a"planning documenY' and does not constitute approval of any specific project, program or expenditure; as such, the Agency may amend this Plan as needed. This Plan must be updated at least once within the five-year period with the purpose of evaluating the progress of the projects, programs, goals and objectives towards the elimination of blight. When adopting five-year plans, agencies must conduct a public hearing and hear testimony of interested parties. The purpose of the hearing is to review the redevelopment plan and the corresponding Plan for each redevelopment project area within the jurisdiction and evaluate the progress of the redevelopment projects and programs. l "1 � � Adoption of this Implementation Plan does not approve any of the projects detailed herein. Projects to be undertaken by the Agency are subject to discretionary approvals by the Agency Board. Pursuant to Section 33490(a)(1)(B), adoption of an implementation plan shall not constitute a"projecY' within the meaning of the California Environmental Quality Act (Public Resources Code Section 21000 et seq.), and inclusion of any project or program in the Implementation Plan shall not eliminate environmental analysis that would otherwise be required. 2 n BACKGROUND In December of 1994, the Agency adopted its first Five-Year Implementation Plan (FY 1994- 1999). The second Five-Year Implementation Plan was adopted in December of 1999 (FY 1999-2004). The third Five-Year Implementation Plan was adopted in November of 2004 (FY 2004-2009). All Five-Year Implementation Plans cover the four (4) adopted redevelopment project areas that encompass an estimated 11,771 acres in the City's incorporated territory. Additionally, pursuant to the requirements of the California Redevelopment Law ("Law"), the Agency has held a mid-term public hearing on the progress of each Five-Year Implementation Plan and has subsequently prepared a Progress Report for each plan. This document is the fourth Five-Year Implmentation Plan for the Palm Desert Redevelopment Agency ("Agency") of the City of Palm Desert ("City") for fiscal years 2009-10 thorugh 2013-14. This is the Agency's fourth implementation plan prepared since the enactment of Assembly Bill 1290 which amended the Law by adding Section 33490. The Implementation Plan is divided into two separate components: a non-housing or redevelopment component and a housing component, which is presented as the Affordable Housing Compliance Plan attached to this Implementation Plan as Appendix 1. Section 33490 requires that each redevelopment agency, which has adopted a redevelopment plan prior to December 31, 1993, adopt, after a public hearing, an implementation plan that contains the specific goals and objectives of the agency for its project area(s). The implementation plan must identify the specific programs/projects and expenditures proposed to be made during the five (5) year term of the implementation plan; provide an explanation of how the goals and objectives, programs, and expenditures will eliminate blight within the agency's project area(s)' and implement the housing requirements contained in the Law. Pursuant to Section 33490, the implementation plans, where required, were to be adopted no later than Decemeber 30,1994 with subsequent implementation plans adopted every five (5) years thereafter. The City Council of the City of Palm Desert took action in October of 1974 to establish the Palm Desert Redevelopment Agency. With this action the City embarked on a comprehensive effort to eliminate blighting and adverse conditions within the City. The focus of the City's revitalizations efforts has been channeled through the adoption and implementation of its Redvelopment Plans. The Agency is governed by a five-member board which consists of all the members of the City Council. The Mayor who is appointed by the City Council acts as the Chairperson for the Agency. The Agency's first redevelopment project area, Project Area No. 1, was adopted in July of 1975 and subsequently amended in 1982 to add territory. Since then, the Agency has adopted three (3) additional redevelopment project areas: Project area No. 2— established in 1987; Project Area No. 3— established in 1991; and Project Area No. 4— established in 1993. The Agency has accomplished numerous redevelopment, development, and infrastructure projects � that have revitalized many properties within all of its Project Area. The Agency has also made a substantial effort to improve and increase the City's supply of affordable housing. The four 3 io (4) adopted redevelopment project areas encompass an estimated 11,771 acres of the City's incorporated territory. Locations of the Agency's Project Areas are illustrated in Figure 1. The Redevelopment Plans have been amended from time to time to ensure compliance with the Law. The most recent amendments eliminated the time limit to incur debt and extended the life of the Project Areas and their term to collect tax increment by an additional year. Table 1 presents the time and financial limits of each Project Area's Redevelopment Plan. Section 33490 of the Law requires that the Implementation Plan include the following information: • specific goals and objectives of the Agency for the Project Areas; the specific programs, including potential projects, and estimated expenditures proposed to be made during the next five years; and • an explanation of how the goals and objectives, programs, and expenditures will eliminate blight within the Proejct Areas and will improve, increase, and preserve the supply of housing affordable to very low, low, and moderate income households. C The Law also requires that the Implementation Plan address the Agency's affordable housing production needs and achievements; these items are specifically addressed in the Affordable Housing Comliance Plan, which is found at the end of this Implementation Plan as Appendix 1. The Implementation Plan document conforms to the City of Palm Desert's General Plan and has been prepared according to guidelines established in the programs and goals outlined in the current Housing Element of the General Plan. .=1 11 Figure 1 � v ---- I. ��—J '� City olPalm Desert �� Redevelopment Agenry Project Areos �, �CiryLimits �aroleanreallo i-ong�naiiis72i O Pro�e[I lvea No i-AaOetl Temtory � 19R2� � Prqec�Afea No 2 (1987) � Pro�ect Nea No 3 � i59 i) � am�eC Mea rdo. a � t953) r. � � MiV� November, 2005 � 12 5 The Redevelopment Plans for each of the Project Areas sets forth time and financial limitations. Table 1 identifies the time and financial limits in each Project Area. It should be noted that the Agency does not have eminent domain authority. Redevelopment Plan Limitations Table 1 Plan Limits �.ofAdoption �� � � :tiveness of Plan"' Incremenl Dollar Limit Bonded Debt Limit �iect wreas o�ecc Rrea no. i rroJect nrea rvo. �-�, project Area Original Area Added Territory �i No. 2 July 16, 1975 November 25. �98� July 15. 1987 July i6, 2016 Navember 25. 2022 July 15, 2028 $758,000,000 $500,000,000' $200,000,OOOe $800,000.000° $1,534.916.881 (2009 atlJustetl for CPI) $� $��00�,��09 $28%.%96.9� 5 (2009 adjusted for None' iime Limit to Inwr Debt" I Eliminated Project Area project Area No. 4 I No. 3 July�7,1991 July�9,1993 July �7, 2032 July 19, 2034 $600,000,000-Gmss � $360,000,000' $200,000,000-Net6 $100,000,000 $135,000,0001° Eliminated Eliminated I Eliminated Eliminated Time Limit on Receiving Tax i Increment and Paying July 16, 2026 November 25, 2032 I July 15 2038 ' July 17,2042 July 19, 2044 � Indebtedness1z . . . . ,. _ _ . . _ . . _ __ ____ . __ ___ . . ' Pursuant to Assembty Bill 1290 all pre 1994 retlevelopment projects were required to adopt speafic time limrtat�on. On December 8, 1994 the Ciry Council adopted Ordinances 765, 766, 767, and 768 establishing such limifs for the Pmject Areas No 1 2, 3 8 4, respectively. ' Pursuant to Senate Bill 1045 (S�atutes of 2003, Chapter 260), which was enactetl into law in 2003, the City Council adopted Ortlinances 1082. 1083, 1084, and �085 on December 9, 2004 �o ex�end ihe Redevelopmenl Plan effecliveness antl Ihe lime period to collect tax increment of each Project Area No. 1, 2, 3 8 4, respectively, by one year. ' Per ihe Sixth Amendmenl ro ihe�Redevelopment Plan for the Atltletl Territory of Pmject Area No.i, which set a limit of $200 million to lhe Adtletl Territory's bonded intlebtetlness antl $500 million ro the Added Terrirory's total tax increment, the Added Territory's tax increment limit is excWsive of amoun�s paid to taxing agencies and exclusive of amounts paid tlirectly or indirec�ly by the Agency or any taxing entiry ro finance the acquisition of land, consWction of buildings, facilities, stmc[ures or impmvements for such taxing agencies. I' The rofal tax increment limit for Prqect Area No. 2 is $800 millioq adjusted annualty based upon t�e Consumer Price Index ("CPI"). This limi� is expressed in 1987 dollars and is adjusted in accordance with Ihe changes in Ihe region's CPI . Expressed in current dollars, Ihe limit is $1.546,449418. C ' Projecf Area No. 3 has a net tax incremen[ of limitation of $360 million. Net taz inaement is gross [ax increment less amoun[s Nat are passed �hmugh to [axing agencies antl amounls se4asitle into ihe Agency's Low and Moderete Inwme Housing FunC. ° The total gross amount of tax incremen[ revenue that may be allocated to the Agenty from ProjeIX Area No. 4 cannot not exceetl $fi00 million. Atltlitionally, the number of tax dollars, which may be dividetl antl allorated to the Agency, also may not exceed the amount of $200 million, net of the funtls requiretl to be set-aside into the Agency Low and Moderate Income Housin9 Fund and payments ro[he Project Area's taning agencies pursuant to cooperative agreements. Bo[h the $600 million gmss cap antl the $200 million net cap may not be changed excep[ by amentlment of the redevelopment plan for the Pmject Area. 'At the [ime o/ the Atloption of the Original Area of Project No. 1 chere was no requiremen� for Ihe Redevelopment Plan to have a Band Deb� Limit. This requirement hr oltler retlevelopmenl plans has not been changetl. 'B Per Ihe Sixih Amentlment to the Retlevelopment Plan for Project Area No.1 for the Atltletl Territory atlopletl on January 24, 1991, the Bontletl Debt Cap is exclusive of bonds issued to finance �he acquisi�ion of land. constmction of buildings, facilities. simcNres or improvements for taxing agencies. �s The Redevelopment Plan for l�e Project Area No. 2 sets a cap on total �ontletl intlebtetlness that may be oulstantling at any one time of $150 million. �The Plan also provitles for the annual atljusiment of ihe bondetl indebtetlness cap, expressetl in 198'! tlollars, in accordance with lhe changes in the ��,region s CPI. Expressed in curren� dollars. �he cap is set at $289,959,266. I10 The Retlevelopmen� Plan for the Projec[ Area No. 4 places a cap on total bontletl intlebtetlness, which may be outstantling at any one time at $135 �million. Such net limilalion is exclusive of (1) lhe amount of any bontleC intlebtetlness issuetl on behalf of or the proceeds of which are uutl tor Ihe benefil of the taxing agencies to alleviate fnancial burden, or detnment made by the Agency pursuant to Section 512 of ihe Redevelopment Plan: and (2) the amount of any bonded indebtedness payable from any monies deposited in ihe Agency's Low and Motlerete Income Housing Funtl. ° City Council adoptetl Ordinance No. 1035, 1036,1062, antl 1063 amentling Ihe Retlevelopment Plans tor Prolect Areas No. 1, 2, 3 8 4, respectively, to eliminate Ihe lime limit ro incur debt, pursuant ro Senate Bill 211(Statues of 2001 Chapter 741), which was enacted in�o law in 2001. 13 2010-2014 IMPLEMENTATION GOALS & OBJECTIVES The following goals and objectives generally correspond to those included in the Redevelopment Plans for all Project Areas. These goals formulate the overall strategy for this Implementation Plan and will serve as a guide for the Agency's activities during the next five years. �Remove Blight. To eliminate and prevent the spread of blight and deterioration, and to conserve, rehabilitate, and redevelop the Project Area in acwrdance with the Redevelopment «EqH Plan and Annual Work Programs. Encourage and Coordinate Stakeholder Participation and Investment. To encourage the �cooperation and participation of residents, businesspersons, public agencies, and community organizations in the revitalization of the Project Area. To encourage private sector investment couAsow,re in the development and redevelopment of the Project Area. To coordinate revitalization efforts in the Project Area with other public programs offered by the City and other public agencies. �.. Diversify and Expand Economic Base and Employment Opportunities. To promote the 91 economic well being of the Project Area by encouraging the diversification and development of WORK its economic base and employment opportunities. Promote Responsible Development For Our Community. To encourage the development Qof commercial and residential environments which positively relate to adjacent land uses, and upgrade and stabilize existing uses. To expand the resource of developable land by making underutilized land available for redevelopment. To provide for the revitalization and full PRESEqVE development of the City's core commercial area, to attain consistent image and character, and to enhance their economic viability. Improve Community Facilities, Infrastructure, and Traffic Circulation. To provide needed � improvements to the community's education, cultural and other community facilities to better � serve the Project Area. To provide needed improvements to the utility infrastructure and public facilities that service the Project Area. To improve traffic circulation through the reconstruction a�cEss and improvement of existing streets in the Project Area. To provide for necessary public parking to address parking deficiencies. �Initiate Green Projects and Progrems. To move energy conservation / efficiency objectives beyond discourse and demonstration projects to achieve significant quantifiable energy GREEN reduction. To invest municipal resources in measurable sustainable programs. QProvide and Improve Affordable Housing Opportunities. To improve housing and assist low and moderate-income persons and families to obtain homeownership. To promote the rehabilitation of existing housing stock where appropriate and promote development of quality, � ""E affordable housing. 14 �.i PROJECT AREA NO. 1 Figure 2— PROJECT AREA NO. 1 MAP 15 City of Palm Desert �� �, �._ QlyLimRs � �ProleclNeallo.l-Ongit�alfl9]5� � Redev¢lopment Agency 0 P�oieci nrea No i. nooed remtory I�4e2i nn��es Project Areos November.2005 Project Area No. 1(the "Original Area") was established by the City Council with approval of the adopting Ordinance on June 12, 1975. The Agency's Report to the City Council requesting the proposed Redevelopment Plan for the Original Area indicated that the area had been selected because of the existence of lots which were subject to being submerged by water; lots of inadequate size for proper usefulness and development; inadequate streets; a problem of traffic congestion; faulty interior arrangement of lots and buildings and exterior spacing; inadequate parking facilities; and mixed character of development and shifting of land uses. The Original Area encompasses approximately 420 parcels (580 acres) of retail and office/commercial development along the City's primary commercial core along EI Paseo and Highway 111. The Original Area is generally bounded by portions of Fred Waring and Alessandro Drives to the north, EI Paseo and adjoining commercial properties to the south, and the City limits to the east and west. On November 25, 1981, the Redevelopment Plan for Project Area No. 1 was amended to add approximately 10,814 parcels totaling 5,240 acres, thereby creating the "Added Territory". The Added Territory is made up of a broad range of land uses, including single and multifamily residential, country club, planned residential, and office/commercial development. The Agency's Report to the City Council requesting the proposed amendment indicated that the amendment was necessary to add territory because: (1) there existed commercial property and residential units subject to being submerged, inundated, damaged or destroyed by flood waters and accompanying debris; (2) there existed a lack of adequate flood control facilities designed to protect property, and to ensure access along roadways which cannot be remedied by private or governmental action without redevelopment; and (3) there existed an economic dislocation throughout Project Area No. 1(Original and Added Territory), resulting from the clear and present danger of flash flooding, and threats to the public health, safety and welfare throughout the area. The boundaries of Project Area No. 1(Original and Added Territory), are illustrated on the preceding page in Figure 2. Since its inception, Project Area No. 1(as amended) has experienced a diversity of development. The heart of the City's retail commercial development is located within its boundaries. Additionally, residential development within the Project Area has been significant. Specific projects include: One Quail Place, an affordable housing apartment project with 384- units; Palm Lake Village, a 220-unit apartment project; Hacienda De Monterey, a 180-unit congregate care facility; Big Horn, a 600-acre custom home residential development and 99- bed nursing facility; and Canyon Cove, a 231-unit single-family development. Additionally, a 73-acre Civic Center project, which provides for recreation, law enforcement, and governmental facilities, has been completed. Project Area No. 1(Original and Added Territory) contains approximately 11,235 parcels totaling over 5,820 acres. The primary objectives of the Redevelopment Plan for Project Area No. 1 include the elimination of conditions of blight; the improvement of traffic circulation; the elimination of drainage deficiencies; the rehabilitation or removal of substandard buildings; the stimulation of � private investment; and the provision of needed public improvements and public facilities. The Redevelopment Plan also provides for the expansion of recreation facilities, open space, and other public improvements. 16 PROJECT AREA NO. 1 ACCOMPLISHMENTS In the last five years, the Agency has completed many successful projects and programs in Project Area No. 1. Below are descriptions of just a few of these projects. A detailed listing of all the projects and programs completed between FY2004-05 through FY2008-09 in Project Area No. 1 is outlined in Table 2 on the following page. Porto/a Bridge C � � � r 3�':, '!� . . . � —� -�� .�(it�t The purpose of this project was to provide for City flood controi, improved traffic conditions, and improved access to the I-10 freeway. The project included the construction of a four lane bridge over the Whitewater Storm Channel, installation of landscaping to the adjacent areas, and construction a sound attenuation wall on the northern side of Portola to mitigate noise for adjacent residential communities. Palm Desert Visitor's Information Center On one of the five parcels which resulted from the Entrada del Paseo Site, the Agency assisted in funding the design and development of the Palm Desert Visitor's Information Center. The Visitor's Center is a 8,200 sqf facility that acts as the City's primary public information center. The center is utilized for resident services, community programming, and visitor information for Palm Desert. � Paseo Revitalization �.n � �-i ����•.e revitalization of the EI Paseo business .� .�:�' corritlor is a phasetl project, with the conceptual design complete. 10 The Agency assisted in funding improvements to the Catalina Community Room, which provides varied assistance and organizes events for residents of Agency-owned affordable housing properties. On one of the five parcels which resulted from the redevelopment of the Entrada del Paseo Site, the Agency assisted in funding the design and development of the Henderson Community Building. The Community Building houses the Chamber of Commerce and has additional space for various community-based activities. 17 Catalina Community Room Henderson Community Building Table 2 provides a detailed listing of the Agencys accomplishments in Project Area No. 1 between FY 2004-05 and FY 2008-09. Agency Accomplishments in Project Area No.1 2004-05 through 2008-09 Project Name Utility Undergrounding - Silver Spur Palm Desert Highlands UG Assessment District Project Description/Highlights The Palm Desert Silver Spur Undergrounding replaced all overhead wires with an underground electrical system which accommodates various utilities. The Agency contributed a portion of the project funding for the new public infrastructure. Facilitated conduit financing for residential component of utility undergrounding. The Agency acquired, renovated. and leased the building, previousl utilized for child care and ed caT t th Table 2 Completion '�, Total Date Expenditure January 2005 $3,367,602 January 2005 $0 Child Care Center Y u ioq o e November 2005 $949,194 Desert Sands Unified School District for the purpose of an eady childhood education center. On one of the five parcels which resulted from the Entrada del Paseo Site, the Agency assisted in funding the design Palm Desert Visitor's and development of the Palm Desert Visitor's Information Information Center Center. The Visitors Center is a 8.200 sq.ft facility that January 2006 $4,324,896 acts as the City's primary public information center. The center is utilized for resident services, community programming, and visitor information for Palm Desert. The Palm Desert Highlands Undergrounding replaced all Utility Undergrountling - overhead wires with an undergrountl electrical system Highlands which accommodates various utilities. The Agency June 2007 $3,534,958 contributed 50% of the project funding for the new public infrastructure. The Agency assisted in funding improvements to the Catalina Community Room Catalina Community Room, which provides varietl assistance and organizes events for residents of Agency- owned affordable housing properties. The Agency purchased easements to provide for public parking, improving access to emironmental and cultural Living Desert programming at the Living Desert Zoo and Gardens. The public parking also provides access to recreational hiking and biking trails. August 2007 January 2008 $1,424,217 $1,250,000 � 11 18 � � Agency Accomplishments in Project Area No.1 2004-05 through 2008-09 Project Name Bridge to Pines East del Paseo Site Eric Johnson Gardens Project Description/Highlights Table 2 (Cont.) Completion � Total Date I Expenditure The purpose of this project was to provide for City flood conVol, improved traffic conditions, and improved access to Ihe I-10 freeway. The project included the construction of a four lane bridge over the Whitewater Storm Channel, May 2008 $6,600,000 installation of landscaping to the adjacent areas, and � construction a sound attenuation wall on the northem side of Portola to mitigate noise for adjacent residential communities. A portion of the City of Palm Desert's central business district along HWY 111, from Palms to Pine, was revitalized. The project included major improvements to January2009 $2,157,820 the public infrastmcture affecting traffic circulation and parking tleficiencies. _ _ _ _�. __—._. . The project site is sfrategicalty located along the City's main arterial, HWY 111, and lies adjacent to the City's central business district, bounded by EI Paseo and Fred Waring. The ill-configured site was successfully redeveloped by dividing the parcel into five development �anuary 2009 pads, all of which were master planned to compliment and enhance the existing businesses along the Hwy 111 business corridor. The patls provided for a public information center, public open space, business development, and a communiry building. $4,999,075 On one of the fve parcels which resulted from the redevelopment of the Entrada del Paseo Site, the Agency I assisted in funding the design and development of the �anuary2009 � $3,679436 Eric Johnson Gardens. The gardens provide for public open space, community recreational areas, and preservation ot indigenous desert plant life. This is a proposed development, which is under review by both the City Council and Agency Board. The proposed Aquatic Center Feasibility & public pool/recreational facility is a phased project The In Progress Design Agency assistetl in funding the initial feasibiliry stutly and � concept design which were completed for the purpose of I facilitating a comprehensive project review. 12 $63,413 19 Agency Accomplishments in Project Area No.1 2004-05 through 2008-09 Table 2 (Cont.) Completion Total Project Name Project DescriptionlHighlights Date . Expenditure On one of the five parcels which resWted from the redevelopment of the Entrada del Paseo Site, the Agency arson Community assisted in funding the design and development of the In Progress $5,668,813 �g Hentlerson Community Building. The Community Building houses the Chamber of Commerce and has additional space for various community-based activities. Indian Springs Alleyway - Paseo Revitalization Paseo Courtesy Carts The Agency is participating in this project by funding the installation of infrastructure to facilitate the implementation of a sewer system in a low income residential development. The Alessandro Alleyway project has been scheduled to be accomplished in phases, with Phase I Acquisitions complete. The purpose of the project is to improve traffic circulation, provide accessible public parking, and reconfigure adjacent arterial access. The revitalization of the EI Paseo business corridor is a phased project, with the conceptual design complete. The Agency initiated an economic development progrem which provides free transit to the public within a shopping corridor. The program also provides information regarding public access to both commercial and retail centers throughout the City of Palm Desert as well as Agency projec[ activiry throughout the corridor. In Progress $629.476 In Progress $1,934,863 In Progress $258,336 Oo-Going $897,485 April 2005 Desert Spnngs Market Place - Balance Paid m PA2 June 2007 Larkspur Property April 2007 Pueblos East January 2008 Mc Cormick December 2008 Adobe Villas San Pascual � � - Portola Prooerties � The Agency acquired parcels of land to promote the following activities�. promote compatible development. improve surrounding wmmunity, revitalize tlilapidated property, rehabilitate the City's central business districtslcommercial corridodretail corridor, improve resident access to services, and mitigate blighted conditions throughout the City. . Portola/Haystack $4.876,412 $4.527,000 $737,553 $614,743 $'1.511208 $561.819 $849.014 $56,676,436 __ 20 13 PROJECT AREA N0.1PROPOSED REDEVELOPMENT PROGRAM Over the next five years, the Agency plans to implement the following redevelopment projects and programs. Table 3 describes the projects and programs proposed, what blighting conditions would be eliminated, approximate costs, timing and the Redevelopment Plan goal or goals that would be achieved' � l� ' Costs are subject to change, and completion of these projects may require future action by the Agency. zl 14 M N a � H � O Z tO N Q V d .O a O N � � � O a`a V � C M A r � N �1 L N � O 3 a` ° d y N � O � 2 � O 0 d N N 0 � v v a = : o � y: ;a a � �� w u 0 N N W � � y n " c a u�i u � "' _ v c a Q ii N O U C Q O 'o c 0 U c t rn m a N v s v c E m � o�a _ 'o ; _ xc�n n a o : v a m v = � �< � o �D Et oa °-' - °' A 3n `° N _ v Q � � a t � a s�m5» n y � o m _ 9 � A'3 c E > E m 3 m � _�'; �y: 4,�e �� d1 o � a E m > N a 3 � ma oa' O = i W N� V O d � - �,3 -ya - � a=�O x o u`° 9�' _ a y � �°1 �.. m � v`u _ m�� E r a = m m � v� E o� 10 a� u� y a� v o� . --v � u a °i- m - � � E > ' a � � � ` v t �'m � �t-� c 3 aotiU 3 � � 2 m 'm t � _ _ a v ° a � ` c o,`mn m n� v'" o�m uv E L' c c� a E o s n� m 2 c� LL T v n o a U E - c � 3n'" v�'=u E L m� tL y a c h U a�i � 3� n n E�� = m " � m - U£a h oa 1- nu c> � rn m � � �y fy: �� `o m 0 0 0 0 N E U � F � � a ��oa' �_Yo3 A m 3 n a? o E m'a C � � C = m o c m � v'A E Y m= a,� a y H a�cEa 'm o � 5 '° o0 0 > �o o d � o E' o o v c -�H�a� 3 3 a � � d 0 y 'c m c - ° E E ` o a n � a rn� m � � N o H E n u � a `o v 0 � m 1 N , � � 22 M- �� � ca 4` � U � u � a L : o � y: ;< � � �� d u � � `o Nm � O Z R Q U N � a � � N N � O a` � � � C M R � O rN. N V L N � O 3 a` ° a� d o o � a o� 0 0 � d N C O 'o a C N 0 � U � �' a c ,o L a m � v O � v r . m v n 0 5 `vw� �� 3'0.� � E"� o a c�- c y , v� a r, E�- m �°u E `e ' o N o ` °c E`m w t E v� u o$ � 3 a`v E� A o G d E A c° ry r� � A E D m �m= -U� A�� N N N 7 0�_ � V �'��-=a» o ��oa-� � v o ` n 9 - o'm � c'; u a o€'- 3 7+ - E j� N C A_ N`n �n . > _ �:� `¢a>.a`o o v� = o U�O m m � d a` E o, `m v m 5 c y N-� y o� �� oN m� � rn 3 N m E L �� T c= E v._ p � �D-=A3oavv � o a N U w m.> N v a - t a u a � m« 9¢« 5 m v'm F m �io �; a !'�r; �g fy: �� �� Da m � 0 `m E m m 0 � c °' d = N � > y n `0 E v a' c 0 m 0 n w lo `v E v v O eA c i m m > o > nw£ E 'm o V-�} o w `a a a a'p _ wm �. ''t � o U mw" •• �,c,cFa �c y Q =�` _'-° at t.q `m � i = a _ a��.� m rn c� 4 a� o v � a.� u c t a`m_ E c n a u E N c ° s"' n N A� u 3- c� . E o - H E o � ��� y..._ �� �°' � s,'"n E w w ag' m O C � -' E � �� '� o u - V `v � � ' m 'm ��v � a a� m o d a v m ��v �'m-�cc�" �m9 n`m_ n° `-° m a d v r � � O� � d J O'� j A y N�� a y U �' N�O y O `U-. y 3 E Q • N O W N`� N d� n S O c v� m��c � n m =�6 L.� v u " m' 3 m$ a a 2 N 3 m a '° u � �i � O��y o u o c 1- ? o V � C A � ~ � o � o E � " a �'S m - . N s�'vy" _ �3`�9;� . � a E y � _ � _ � �a � a� F'o ° a 3 a m�� m u�°u `o n A > a d A a �3 �o �;. a m 0 » 0 m 'c E O E V a' c ° ._ o `o v v � d Q U� 00 � � m `o_ a U . H v `_' � m 3 a T V V N ¢ t � n - v F � n E � a d m � 23 M ^ d y � C N 0 R U � � " c v o Q ��: �y; , a � �u �W � � a � � N � m � a � o � d � o aao � 'V C � O � 0 Z R � Cyf d O a` w N E 1�6 0I O a` a � � C M A � O y N V t d O 7 a` : � i � O O � a o� O 00 d N � x � aw o c d o a a O.dN� N •`-'E` v c o a � Q U c ,� ,a °' `o 0 va`m "-a v c w E E d'a E V � o E > i ��. om`°o n c 9 E U E n y E L Q � u°� � rn - a 'a v 'n a �a a' m d d U � C c �' - a 3 5 � 0 0 ' c m o n v w no� � L ¢ a � � � v5t'u E a r � v - v A c � a � '� N m n- A u � U o � m t ¢ q i � 3 o ➢ .`o_ E a �' � ° � o a � - _ � - o n v m v a¢ H w u �`y Q a' w G N m a u v t m o$� o a H� a u m a` u 3 w da = Q� W m 9" E U q y C m o t o aii nn � E u v � `o v� 3 = n� r v v U �y: �o �p �" �" `o m � 0 0 0 0 N O » � a � m E `w m v a `o > aat E m°1 u � a a a d � m � � _ � � � � _ � ' � y 3 v H�a av�oa _ `-° E A w - m a a `�' `m n `o o a_ � °' `m E 3 � u m>ro+ = g = e x 3 N = E V m � ' rn m � t `� o v `c_ 'o m n > � � a � - = a � E n 3 � � E 0 U C3�y: �o �a�a �� �� v w c � j 00 0 0 0 o � O N O W tli P O a N [V � � m m 'c `m `v m m >°' >`o> E o �, EU E'°' - � d a a � a d p �n u a ��E n '` E ° a y o 'o m � � E � c v � o a � _ � � a � 'o ` � a o � o a y . a N _ a 10 � - v ~ m n d c 3 � = m d � 3 " o wu `"`v 0 o n � E n� �d�o � m y a _ � � u u o v v c � 0 U 2 0 0 3 3 ' � 1 � Y�i 24 M ^ � � � � �; �: �; �"y; d a �y: �; � _ �w �'.r: �9 d � � �� �� �_ �� 9 W a 'u Q O 'v U � O Z R d Q V d O a` O �C C l`0 � O a` � L � C M A � y� N U L N � O 7 a` ° d y y O O � a o� � O S N U a � m d � .. ro N �- 1 C � �� C �+ :z d C a W � c v m d = � > 5 0 'm w = � N d u O � Q n v v m o � E '0 3 d � n^ = o o a - m a o E 3 u :'i �a � a LL O � �;_^'' m � i m - � m a ti ' O ; q y u � ° a `v � o'�°_Ec `.`v���-0 mo m E a � n m a 3 `' c E m v° n m m A � za V v O� a E � o ,. � �� ,v o a o � m j rn v � � `o > N� N {� O v n o d m A ea o � c ' c E 0 v � �a m � � o � � U a ; °'o �' � � v � m � v 'o 'w � v r v D C N o � U m ] 0 0 0 0 0 � w E < 0 �a � o O v m m i � 3 m o � d � o > � y E d V � IV U U a a i a a' o, x m o h E � c a�>. o m m _ o m:� y � c` o a E m v Ti .. ' y o'�i10 `u A " � � `m � _ a a � ` � E = o `'> A E t a o a n a n o 3 o U o„ E � - u - 09 i� ao Z'� `o - a n U � - `y o m v ¢ a v - '�° oo�& '` � t � o n � ° � o � ' � o .3^ � N N U C L�C ��-tCL m � v m a y v: E ,kr `u`c_L' o_c m E N � ' aE A m -a�`o.`-��� m m F U U 6 1-�6 U d d i L e U d m t F O E U o v U a � 25 PROJECT AREA NO. 1 Table 4 presents the Agency's five-year projected cash flow for non-housing redevelopment activities in Project Area No. 1 during the Planning Period. Tax increment revenue figures provided are the gross amounts of tax increment expected to be received by the Agency, prior to deducting housing set-aside and pass through amounts. Tax increment revenue projections were based upon conservative growth rates, reflective of the current market conditions. The cash flow also includes other projected revenues, including interest earnings and reimbursements. Available bond funds and expenditures have also been included in the cash flow analysis. Expenses include bond debt service payments, housing set-aside deposits, taxing agency pass through payments, administrative fees, bond fund banking obligations, and projected projecUprogram costs. Due to the State's effort to take redevelopment funds to balance the State Budget, the Agency may be required to make Educational Revenue Augmentation Fund ("ERAF") payments during the planning period. In 2008-2009 the State of California approved the budget contingent upon a$350 million shift of Tax Increment monies from Redevelopment Agencies to be applied to ERAF. This amounted to a$5,250,496 payment from the Agency to fund the ERAF shift. The California Redevelopment Association filed a lawsuit on behalf of all redevelopment agencies asserting that the take from redevelopment was unconstitutional based on the Law. On April 30, 2009 a superior court judgment in favor of redevelopment agencies was rendered, affirming that the take was unconstitutional and therefore illegal. The State appealed the decision but subsequently dropped its appeal. The State of California approved the FY2009-2010 budget relying on a$2.05 billion ERAF shift from redevelopment agencies over the next two years. The additional shift to ERAF (referred to as the Supplemental Educational Revenue Augmentation Fund or "SERAF") is estimated to result in a payment of $25,502,408 in 2009-2010, and $5,250,496 in 2010-2011 from the Agency. Within the budget, there is a provision by which the Agency has the option to suspend the 2009-2010 20% housing set-aside contribution in order to assist the SERAF shift in that year; however the loan will need to be repaid by June 30, 2015. The loan could potentially delay many of the housing programs and projects anticipated over the next five year period. .� ... While the California Redevelopment Association believes this shift of tax increment from redevelopment falls under the same circumstances as the previous attempt, the Agency potentially could lose up to $30 million to SERAF shifts over the next two years. These shifts of dollars from redevelopment will severelv impact the Agency's ability to complete many of the projects both committed and anticipated over the next five year period. The California Redevelopment Association has filed another lawsuit in an effort to thwart this and future takes from redevelopment. � � � 19 26 The cash flow analysis indicates that the Agency will have a negative cash flow during the planning period due to unfunded projects. Projects listed as unfunded will either need to be Y During the five-year period covered by this Plan, it is possible that the Agency will undertake some but not all of the listed projects. All costs and time frames listed for the programs and projects are estimates only and may differ from the actual costs and time frames. In the event that a program or a project is included in the list for one Project Area but is not included in the list of another Project Area (or other Project Areas), but the Agency later determines that the program or project would also benefit the latter, the Agency may use funds available from the latter Project Area (or Project Areas) to finance all or a portion of such program or project. Specific projects may also be modified or added depending on actual circumstances, including but not limited to changing needs of the Project Areas, actual costs of the projects and the availability of funding. zo z� PROJECT AREA NO. 2 Figure 3— PROJECT AREA NO. 2 MAP � � z� zs Palm Desert Redevelopment Agency � ,� Project Area No. 2 The City Council approved the Ordinance adopting Project Area No. 2 on July 15, 1987. Project Area No. 2 encompasses approximately 2,927 acres (6,195 parcels) of residential, hotel and resort, office, and undeveloped uses. Project Area No. 2 is generally bounded by the City limits and Interstate 10 to the north, a portion of the City limits to the east, Country Club Drive and Hovely Lane to the south, and Portola and Monterey Avenues to the west. The boundaries of Project Area No. 2 are illustrated on the preceding page in Figure 3. The Agency's Report to the City Council requesting the proposed Redevelopment Plan indicated that the area had been selected because of the existence of lots of inadequate size for proper usefulness and development; inadequate traffic circulation; numerous obsolete and dilapidated residential structures subject to mixed character and shifting of land uses; and above ground voltage transmission lines which are not only unsightly, but because of high winds in the area, a threat to public safety. The primary objectives of the Redevelopment Plan for Project Area No. 2 revitalization include the improvement of traffic circulation; the undergrounding of utilities; the elimination of drainage deficiencies; the elimination of irregularly shaped and inadequate sized parcels of land; and the rehabilitation or removal of substandard buildings. The Redevelopment Plan also provides for the expansion of recreation facilities, open space, and other public � improvements. �� 29 22 PROJECT AREA NO. 2 ACCOMPLISHMENTS In the last five years, the Agency has completed many successful projects and programs in the Project Area No. 2. Below are descriptions of just a few of these projects. A detailed listing of all the projects and programs completed between FY2004-05 and FY2008-09 in Project Area No. 2 is outlined in Table 5 on the following page. CSUSB Hea/th Science Building The Agency provided for Ihe implementation of mfrastructure and commencement of construction for an educational facility at the California State University San Bernardino Campus. � Freedom Park Construction The Agency provided funding assistance for the construction of Freedom Park, a regional park, which directly services two project areas by providing residents with access [o open space and recreational facilities. � 23 � Table 5 provides a detailed listing of the Agency's accomplishments in Project Area No. 2 between FY2004-05 and FY2008-09. F \ � Agency Accomplishments in Project Area No. 2 2004-05 through 2008-09 Project Name Project Description/Highlights Table 5 Completion Total Date Expenditure The Sinatra Portola Undergrounding replaced all overheatl Undergrounding- wires with an underground electrical system which �une 2005 a/Portola accommodates various utilities. The Agency contributed to � the project funding for the new public infrastructure. Landscape Improvemen[s Via Scena Traffic Signal Installation 29 Assessment Bond Issuance iN Park CFD Bond The Agency funded landscape improvements to the entry of the Desert Willow recreational facility in order to meet new landscape Standards as implemented by City ordinance. The Agency provided funding for the installation of a new traffic signal at the entry to a dilapidated commercial center undergoing redevelopment by a private owner. 7he implementation of the signal provided for easy access from adjacent arterials and provided for access to public parking The Agency facilitated conduit financing for private development of a 260 acre site known as Section 29. �� The Agency facilitated conduit financing for development of a 258 acre site known as Universitv Park. $218,923 June 2006 $170,449 January 2007 $53,782 Apri12007 $0 May 2007 I $0 The Agency provided for the implementation of 3 Health Science infrastructure and commencement of construction for an May 2007 3 educational facility at the Califomia State University San � Bernardino Campus. The Agency assisted with improvements to the existing WillowPump water pump stationslsystem at the Desert Willow public �une2007 ements recreation facility to improve energy eHiciency and water conservation. I The Agency provitled funtling assistance for the �m Park Construction ' construction of Freedom Park, a regional park, which �uty 2007 directly services two prqect areas by providing residents with access to open space and recreational facilities. 24 $4,500,000 $772,577 $2,592.812 31 Agency Accomplishments in Project Area No. 2 2004-05 through 2008-09 Project Name Project DescriptionlHighlights Table 5 (Cont.) Completion Total Date Expenditure The Agency acquired parcels of land m promote the following activities: promote compatible developmenC improve surrounding community, revitalize dilapidated property, rehabilitate the City's central business tlistricts/commercial corridor/retail corridor, improve resident access to services, and mitigate blighted conditions throughout the City. 36.5 Acres @ Portola Rd. and Gerald Ford Dr. October 2006 Desert Springs Marketplace June 2007 This is a proposed development, which is under review by both the City Council and Agency Board. The proposed Aquatic Center Feasibility & public pooUrecreational facility is a phasetl project The �n Progress Design Agency assisted in funding the initial feasibility study and concept design which were completed for the purpose of facilitating a comprehensive project review. This is a proposed development for a Fire Station in the northem region of the City of Palm Desert. The Fire North Sphere Fire Station Station would service the northem quadrant of the City providing emergency antl fire assistance to residents. The Agency provided funtling for the initial site plan and preliminary due tliligence. Monterey Ramp The Agency is assisting in funding improvements to Modifications arterial access from both inbound and outbound directions oflnterstate 10. The Agency is obligated by the Coachella Valley Water Desert Willow Well Site District to provitle for well-site development at the Desert Construction Willow public recreational facility. 7he well-sites will I accommodate the water usage of future developments in _ the surrounding area. IThe Agency is providing reimbursement for energy efficiency impmvements made at the Desert Arc Facility. Desert Arc is a local non-profit agency that provides vocational training, job placement and employment, Desert Arc Energy resitlential services, recreational and social opportunities, Easement and independent living support for those who are developmentally disabletl. The improvements will work to retluce wrrent energy usage and promote energy conservation in ortler ro reduce operating costs and continue to provide assistance to clients. Desert Willow Pad The Agency is providing periodic stabilization of open Stabilization space located both within and on the perimeter of the Desert Willow public recreation facility. Total Expenditure In Progress In Progress In Progress $9,502,512 $4,876,412 $2,247 � $29,464 ,� $1,819,422 $105,828 In Progress $46,071 In Progress $302,574 !� �ugh 2008-09: $24,993,073 '�II a� 32 25 PROJECT AREA N0.2PROPOSED REDEVELOPMENT PROGRAM Over the next five years, the Agency plans to implement the following redevelopment projects and programs. Table 6 describes the projects and programs proposed, what blighting conditions would be eliminated, approximate costs and timing, and the Redevelopment Plan goals that would be achievedZ. � � � Costs are subject to change, and completion of these projects may require future action by the Agency. 33 26 � d � N F N O Z � `1 Q V N O a` 0 N � � � O a` a a � C M � � O r N V L d � O � a` ° � M � O N � O C Ol O o a N o � c a �` d j � aL �o � U >a � a � �C m U ✓+ � O � N a d w � av u y c a aw a � N O � '_ 6 - U � C O Q U 0 a a c N o N U ` O1 a c .a ta rn m �� �s �" �'y: �o �� �'ya ��:�g �� a a 0 0 0 m m m IO O P lo 0 o m m fn w w N N `v w 0 E , a 0 N p m = m � � ._ °� d a' 'o m ` `o : E `m a ���'no- d9 0 0 `v a E v � v E v n E a a' m dqc _N v� L�' �=� `L`o_in wv VU�' =m o 'm D v v � o � v� v V � � N � o _ � _ a 1O v m a n-� `-' d y� _'> �� c E v e a S E n av � �_' v 'a m- v 2o aa��p `w o � _ a ; � = v = � 2 w m 'o C v'°�N � a� u o��'`° o - `^ t „ N v`»� _=„. E�oovP � a a`o .. w v - t Q_ o - v v o v _� v o- -� ar�> >� N ���a °' ni "c aci d m w maw _=E,�iOv, o E : U _ � N � � � o � Tm�10a S�ao£ nvo�4n V� E T N �'- N L � O A N pi O' E� N ��� W N N d S= T C a E°u .. m r 5 m£ tt � E a u� c r = a 'c o W m a � z = 8 = u i � o p W 'Q ul `v m o v E � � _ a N o � � � - a � � v i� E ❑� LL m � ,� v w = _ � � 010 a o _ " �'m o "' `o v ` s m o��� ��x a � a o °'a« n °i d C C � � � y v c � ° -h= a�vv N y C C OI H rn n' a' v m E 'o a E 0 � ' r 1 N � 34 u P L L �- a� F U N O Z � � Q U N O a` Q NC C L � � a a � � c r> R � O w N U L d � � � a ° � r °1 0 O , am O o a`$ ., �; m , d a �� u � O N m- �A �O W � N u = N > o > y o yY a E 'm a Q U 6 U � � a a' 01 ❑ �'y: �o �� a m 0 0 O � O Q I� W E v u ` E E U = � a t`� H�n O� O A O V 9 D�� O N� N E O d C? v��� j m N T� c E �° y v E't n E a o N �� a a �> C ��� N> O V L W`�`O' N �° o a t E m o, y o� y � a� a v` °'c n° a. aLn a o� t E m u�° � � m g a E t� o -� �'m t0 V u � o,mAac�'U>mo"' IE�u�'^n �y c5 vv� c aa v �lo� �'_ U W_ �_ C N N�5 ��� o v C N o m�✓� ' �- n� E d O ,�m�. T. . U�tU� �•- D�= `o� a�, n' o o v o N L a.� v O N N L d V y�� a a� p L n J T O y�' N� O � C'O p C d➢ N p� N n`^ t c°' � o�- E� E 01 i0 n� n c v. o ¢ ` m o,'H o' 2� V�'m o a N v m 3 y v A " d a a y U a�' m'> � v a y u�� u= m c o a > H m 59 ¢ 5 m5v� v m� m r vr au `.'° a W E z v U �u �� �; � �'y: �',�: � �'y: �o �� �� �� �� a 0 m m N 0 � � c 7 0 O � � I� a `o m � 0 0 O O O O Q N O � � N � O N N C C N IN O �U O a � C N N > m 0 0 n n n a la' a' V N Y � m y o � � c �- � O go � 9 N ry o a nc v n° � � � C � E 5 o v E� a d C a' Y i 0 IE a d o�o �c� �a _ C � A � p y N C O O N U� Q � C d N N N� T 9 9 0 � N � � O u 1O v � N U o v 5`o a.. o a o _ a� �� ; a N oi `o Y� � ii ei m � n a o�� o 0 N �� .O' C N � U � N T E'� � o p 2. a A �^ � 'c - E U� '� "a � C a�i U a �i A � N � N � � .L. 2' 9 p ] q O'O �� V N v 9 m a� o� m° y ��E o N H'� o Q N u "��3�=���oa am I d L p1 E R d C ID � y " la a'= m av d a ° v ° E `m N m � LL N 0 e 35 �- d C q 0 � � � y; y: �d �'y: � < �o �� �: �o d �� �� �� U L � tp � C fn U U m d t� N O ; O Q O < O 9 m ry C _ �✓+ � a 0 m � m v w '= N y � N > N ` O j 9 Q E � o � a o N a - O Z ��m � � m � ° � P Q ��'o a. ' N w c � O �� � c a o v�a � 'a � o L p H N d � � a � � U E m a n R v a C1 � v 'v p u�a a � Q � ry N r � C (�% Fy�O N � � N � �. N U t � .Q 7 d a o � z � t � +' u O d N � � O a a o� O O d N m v 0 0 `o � o y N `v>. c a = =°'� 0 0 � c " nRv `o - v � r u `o � n " « o °' o � O 6 v � y � W ` « � m E N O E 'n a' `o m m 0 ii = U � ' � � E w m m o>�� m �>.o m =-a - „ E � � � a - � u, " �, i y a - - t j � 'o � m "� m N C L � N Q � C O m �'� � H m N U C W d i� v L N �: �; �o �y W �� v C J O O vN a w � v E > ¢ E n a' o�_ �__ � Y'� n a m c` o � � � d � 6 d � � � U . N `o °' c `° � a r ` v '�'>.�m-�� �' a'° y v m c - . N � a o = m v' -- ��r„v - °o � '�' 'o a w a� v°� U a u o °'m c ma q o , __ d '0 - a �oc a�.�am - vY af0i-�a va �aw f0 61Oiu � r c � 0 o_"U o'° N ¢ C C N O v ry N N U� L y T � «�0 �U 0�➢�6E a c m a �� �y:. �� v C � O O O � a 0 v � v E > ¢ E a a' v N � °o a U m o v o � U n z' E o U � m o y m °1v o v : ' p V C d� N F C O GI � n " U E Z� C o 'o E U � � 'N � � �— w d�� �. o o C. A U � � � � ~v Ed w yY �' S o u �j�o ;a � �e v u � O N � � V d a x w �'y: ��� 4< �^ I �" 0 m 0 0 0 0 v � < b v � � �+ \ N O Z N � Q U N � C a ° � 6 � N a " E � a rn O aa � � C M R � O .�.. N U t N • � a a ° z t d o °�' O � : p, � a p O d N W m v Q � o > ° o v av E � u o' � `v a v m � =L v� � � E � m o o a � o u o `v v a E _ a' u m `v o m y w � o`" E � 0 0 go �o m ,� ° a ac °� a F c � las c � c v m v v � i� o nwv E'� o `-'dn � v ap sa1Ov H—�v o c y a v � � O � N ¢°� n'oa v � E � W c u rn °c m � d.y A E � m � oo¢ V d p E 3 00 �m ��o� �o� »�a �Ed E�= - '° �°'u � � oo vc'"o� a o o ' S '^ na � o r E n � � � m= E ° �o � U b �ya � a 0 m 0 0 0 rn w m E 0 E a a' w � A'x � n m u c � � v c a — E �' u �� �o �v a m o' v n r � 0 > 0 0 3J [u7 37 PROJECT AREA NO. 2 Table 7 presents the Agency's five-year projected cash flow for non-housing redevelopment activities in Project Area No. 2 during the Planning Period. Tax increment revenue figures provided are the gross amounts of tax increment received expected to be by the Agency, prior to deducting housing set-aside and pass through amounts. Tax increment revenue projections were based upon conservative growth rates, reflective of the current market conditions. The cash flow also includes other projected revenues, including interest earnings and reimbursements. Available bond funds and expenditures have also been included in the cash flow analysis. Expenses include bond debt service payments, housing set-aside deposits, taxing agency pass through payments, administrative fees, bond fund banking obligations, and projected projecUprogram costs. Due to the State's effort to take redevelopment funds to balance the State Budget, the Agency may be required to make Educational Revenue Augmentation Fund ("ERAF") payments during the planning period. In 2008-2009 the State of California approved the budget contingent upon a$350 million shift of Tax Increment monies from Redevelopment Agencies to be applied to ERAF. This amounted to a$5,250,496 payment from the Agency to fund the ERAF shift. The California Redevelopment Association filed a lawsuit on behalf of all redevelopment agencies asserting that the take from redevelopment was unconstitutional based on the Law. On April 30, 2009 a superior court judgment in favor of redevelopment agencies was rendered, affirming that the take was unconstitutional and therefore illegal. The State appealed the decision but subsequently dropped its appeal. The State of California approved the FY2009-2010 budget relying on a$2.05 billion ERAF shift from redevelopment agencies over the next two years. The additional shift to ERAF (referred to as the Supplemental Educational Revenue Augmentation Fund or "SERAF") is estimated to result in a payment of $25,502,408 in 2009-2010, and $5,250,496 in 2010-2011 from the Agency. Within the budget, there is a provision by which the Agency has the option to suspend the 2009-2010 20% housing set-aside contribution in order to assist the SERAF shift in that year; however the loan will need to be repaid by June 30, 2015. The loan could potentially delay many of the housing programs and projects anticipated over the next five year period. While the California Redevelopment Association believes this shift of tax increment from redevelopment falls under the same circumstances as the previous attempt, the Agency potentially could lose up to $30 million to SERAF shifts over the next two years. These shifts of dollars from redevelopment will severelv impact the Agency's ability to complete many of the projects both committed and anticipated over the next five year period. The California Redevelopment Association has filed another lawsuit in an effort to thwart this and future takes from redevelopment. I� 31 38 The cash flow analysis indicates that the Agency will have a negative cash flow during the planning period due to unfunded projects. Projects listed as unfunded will either need to be implemented with alternative funding sources or as a replacement of canceled projects. 1 During the five-year period covered by this Plan, it is possible that the Agency will undertake some but not all of the listed projects. All costs and time frames listed for the programs and projects are estimates only and may differ from the actual costs and time frames. In the event that a program or a project is included in the list for one Project Area but is not included in the list of another Project Area (or other Project Areas), but the Agency later determines that the program or project would also benefit the latter, the Agency may use funds available from the latter Project Area (or Project Areas) to finance all or a portion of such program or project. Specific projects may also be modified or added depending on actual circumstances, including but not limited to changing needs of the Project Areas, actual costs of the projects and the availability of funding. 32 39 1 � ;� 33 40 � PROJECT AREA NO. 3 Figure 4— PROJECT AREA NO. 3 MAP Kif 41 Paim Desert Redevelopment Agency �,. Project Area No. 3 The City Council approved the Ordinance adopting Project Area No. 3 on July 11, 1991. Project Area No. 3 encompasses approximately 764 acres (668 parcels) of residential, office, and industrial uses. Project Area No. 3 is generally bounded by Portola Avenue and Cook Street to the west, the City boundaries and Carlotta Drive to the east, Hovely Lane and Running Springs Drive to the north, and the Whitewater River Channel to the South. The Portola Country Club is not a part of Project Area No. 3. The boundaries of Project Area No. 3 are illustrated on the preceding page in Figure 4. The Agency's Report to the City Council requesting the proposed Redevelopment Plan indicated that the area had been selected because of the presence of buildings and structures suffering from age and physical obsolescence, deterioration, and dilapidation. Also cited were conditions of defective design and characteristics of physical construction; faulty interior arrangement and exterior spacing; inadequate provision of light, ventilation, sanitation, and open space and recreation; and inadequate public improvements and community facilities. The primary objectives of the Redevelopment Plan for Project Area No. 3 include the elimination of conditions of blight; the improvement of traffic circulation; the elimination of drainage deficiencies; the rehabilitation or removal of substandard buildings; the stimulation of private investment; and the provision of needed public improvements and public facilities. The Redevelopment Plan also provides for the expansion of recreation facilities and open space. � 0 35 42 PROJECT AREA NO. 3 ACCOMPLISHMENTS � In the last five years, the Agency has completed many successful projects and programs in the Project Area No. 3. Below are descriptions of just a few of these projects. A detailed listing of all the projects and programs completed between FY2004-05 and FY2008-09 in Project Area No. 3 is outlined in Table 8 on the following page. � - � �n "'� � r t �4 �. � �'�.w�: _. . . �... ., �..... ..� � , ..,.E .:.::..;� . . ... . .....uw 42nd Ave Sidewa/k Improvements The Agency provided funding for public infrastructure and sidewalk improvements directly benefiting the Hovley Gardens, Falcon Crest and La Rocca Villas affordable housing complexes. The improvements provide for enhanced resident accessibility to transit, community services, and schools. KI: 43 Table 8 provides a detailed listing of the Agency's accomplishments in Project Area No. 3 between FY2004-05 and FY2008-09. Agency Accomplishments in Project Area No. 3 2004-05 through 2008-09 Table 8 Completion Total Project Name Project Description/Highlights Date Expenditure 42nd Ave Sidewalk Improvemenis Public Facility Improvements Perimeter Landscaping Merle Sewer & Street Improvements Cook Street Widening The Agency provided funding for public infras�ructure and sidewalk improvemenis directly benefting the Hovley Gardens. Falcon Crest and La Rocca Villas affordable December 2004 housing complexes. The improvements provide for �. enhanced resident accessibility to transit, community �� services, and schools. ' The Agency provided for in(rastructure development including the mass grading of a public facility immediately �une 2005 adjacent to the Hovley Gardens, Falcon Crest and La Rocca Villas affordable housing complexes. The Agency assisted in funding the implementation of landscaping in public righis-of-way in accordance with the City's landscape ordinance. The Agency provided funding assistance for neighborhood improvements and the implementation of public sewers and intrastructure along Merle Street. The Agency participated in funding infrastmcture and traffic improvements which will enhance traffic circulation on a one of ihe City's major arterial roads. June 2005 June 2005 In Progress Expenditure 2004A5 through 2008-09: $177,405 $53,523 $16204 � $845,047 $290,828 � 37 44 PROJECT AREA N0.3PROPOSED REDEVELOPMENT PROGRAM Over the next five years, the Agency plans to implement the following redevelopment projects and programs. Table 9 describes the projects and programs proposed, what blighting conditions would be eliminated, approximate costs, and the Redevelopment Plan goals that would be achieved3. � � 3 Costs are subject to change, and wmpletion of these projects may require future action by the Agency. 45 38 � a a m � M O Z A d Q U N O a` w N E t`0 � O a` a � r C M � � O w N �1 t N O 7 a` ° U L � Y N � � C � Q � d N �� j �'.r: ��� �� �� �� a � o � m 0 � � a `m m a m m y o E y aU Q E v m E C o .o u v mv c � � o a � ti � � m �Y �o i 9 `c_ � W E i O E �' �° io5•�� �a �� �o y: �� �� ���o- v o � m � 0 0 0 0 0 0 a o � o w � a `c � a 0 m 0 o a N N N N a W N � � � Z C p �+ C E E A a E 0 0 °' a o E E ° � E � wa a a � � a d a' a a' d o? E o m o � o u o� � E a o w a� o v v q , � E o `o � t o� v m £ o v a o w � - v N o ` _ � � � o N� w� � E m o x U � C � j�- � `°m.'-'o u om ��'c' ' `-' u � E v w_ � m - o- � a v " 8in �ao '^`o `o+i v � ao V� ^' n a o � a v Eaviy� a°' 'O � v m= � � o`o o m n- a.`o, a " o u� c� 'w 'w 'c N E °' � n v � da y o 'i+_ � L E o p` a = $ m �''nO ` - o 'o n o -� .� _ t - g m �'ocav3 >5T 10`� � °' - g'� V o G �� v o m°' v � H v o „ o v�'�rv� a o E 2�3�^v_ av� ag'= avao 10 � y`v Ik w - v a- °' '� o i _� LL m �� F- O¢ F m m Y- H V a m _ � E - o � � m a Q a i � ` U o 0 m _ 3 N � v � O P E q W U a U ll O ' T 'M � 46 �— d� m U � M O Z A � Q V U N O a` O N � W � O a` a L � C M A � O r N V L i N � O 7 a` ° � V i N � �, p `'i a oo I 00' d N a i w ¢ v � O N � N N � a 'a �'y: �a 0; o � � 3%; �y: �z �°�L �" � i c a � a i m o Y o ] U m �] � _ � v o'¢ m v � o �a` o y m v s"o mm 0 9 y o o m � � u � m Q�a c � -�n 0 0 0 0 0 0 d o 0 0 O N h m O < O N N N IW C � J N p� N N � o > W v w a a v 0 `o °� m ;� o a n� n 10 N . N o E c c �v o a w � $ a c N �°'o � rrna o c A `m mo� Qoc c � � v t I$ m mo Y � N � o � n °� iE c o E �a _a � o' v A °a nc c� a HS 0 � T � o t c � = 'o o � m a` m `v a o c � � a° d 47 PROJECT AREA NO. 3 Table 10 presents the Agency's five-year projected cash flow for non-housing redevelopment activities in Project Area No. 3 during the Planning Period. Tax increment revenue figures provided are the gross amounts of tax increment expected to be received by the Agency, prior to deducting housing set-aside and pass through amounts. Tax increment revenue projections were based upon conservative growth rates, reflective of the current market conditions. The cash flow also includes other projected revenues, including interest earnings and reimbursements. Available bond funds and expenditures have also been included in the cash flow analysis. Expenses include bond debt service payments, housing set-aside deposits, taxing agency pass through payments, administrative fees, bond fund banking obligations, and projected projecUprogram costs. Due to the State's effort to take redevelopment funds to balance the State Budget, the Agency may be required to make Educational Revenue Augmentation Fund ("ERAF") payments during the planning period. In 2008-2009 the State of California approved the budget contingent upon a$350 million shift of Tax Increment monies from Redevelopment Agencies to be applied to ERAF. This amounted to a$5,250,496 payment from the Agency to fund the ERAF shift. The California Redevelopment Association filed a lawsuit on behalf of all redevelopment agencies asserting that the take from redevelopment was unconstitutional based on the Law. On April 30, 2009 a superior court judgment in favor of redevelopment agencies was rendered, affirming that the take was unconstitutional and therefore illegal. The State appealed the decision but subsequently dropped its appeal. The State of California approved the FY2009-2010 budget relying on a$2.05 billion ERAF shift from redevelopment agencies over the next two years. The additional shift to ERAF (referred to as the Supplemental Educational Revenue Augmentation Fund or "SERAF") is estimated to result in a payment of $25,502,408 in 2009-2010, and $5,250,496 in 2010-2011 from the Agency. Within the budget, there is a provision by which the Agency has the option to suspend the 2009-2010 20% housing set-aside contribution in order to assist the SERAF shift in that year; however the loan will need to be repaid by June 30, 2015. The loan could potentially delay many of the housing programs and projects anticipated over the next five year period. ..r While the California Redevelopment Association believes this shift of tax increment from redevelopment falls under the same circumstances as the previous attempt, the Agency potentially could lose up to $30 million to SERAF shifts over the next two years. These shifts of dollars from redevelopment will severelv impact the Agency's ability to complete many of the projects both committed and anticipated over the next five year period. The California Redevelopment Association has filed another lawsuit in an effort to thwart this and future takes from redevelopment. 8 The cash flow analysis indicates that Agency will have a positive cash flow during the Planning Period and there is sufficient revenue to support all proposed projects and programs. 41 48 During the five-year period covered by this Plan, it is possible that the Agency will undertake some but not all of the listed projects. All costs and time frames listed for the programs and projects are estimates only and may differ from the actual costs and time frames. In the event that a program or a project is included in the list for one Project Area but is not included in the list of another Project Area (or other Project Areas), but the Agency later determines that the program or project would also benefit the latter, the Agency may use funds available from the latter Project Area (or Project Areas) to finance all or a portion of such program or project. Specific projects may also be modified or added depending on actual circumstances, including but not limited to changing needs of the Project Areas, actual costs of the projects and the availability of funding. 1 42 49 PROJECT AREA NO. 4 Figure 5— PROJECT AREA NO. 4 MAP .. � � 43 so Palm Desert Redevelopment Agency Project Area No. 4 The City Council and the Riverside County Board of Supervisors approved the Ordinances adopting Project Area No. 4 in July of 1993. Project Area No. 4 encompasses 2,260 acres of predominantly low-density residential land use with small areas of commercial (10 acres) and public uses. At the time of adoption only 637 acres of this area was located within the City of Palm Desert. The remaining portion of the Project Area was located in an adjacent area of the unincorporated territory of the County of Riverside, which the City of Palm Desert later annexed. The boundaries of Project Area No. 4 are illustrated on the preceding page in Figure 5. Project Area No. 4 generally includes the territory bounded on the west by EI Dorado Drive running southward to the City of Indian Wells boundary line, then eastward to the boundary point between the then County territory and the City of Indian Wells. The western boundary follows this boundary line southward to Fred Waring Drive. Fred Waring Drive is the southern boundary with Washington Street being the eastern limit. Country Club Drive is the northern boundary running from Washington Street westward to EI Dorado Drive. Project Area No. 4 was characterized in the Agency's 1993 Report to the City Council as containing a variety of conditions, which adversely impacted the economic viability, as well as the health and safety of persons and properties located within Project Area No. 4. In some of the unincorporated portions of Project Area No. 4 development occurred in a seemingly unrestricted and unplanned manner. Streets were, and are still, unpaved and residential dwellings have been developed without regard to standard design and setback requirements. Further, Project Area No. 4 was characterized by blighting conditions such as the lack of and/or inadequate public infrastructure improvements, including a poorly designed circulation system; aging and deteriorating housing; and inadequate public, cultural, and recreational facilities. The primary objectives of the Redevelopment Plan for Project Area No. 4 include the improvement of the traffic circulation system and freeway access; the elimination of drainage deficiencies; the provision of needed community facilities; the rehabilitation or removal of substandard buildings; and the rehabilitation of the existing housing stock where needed. ' 51 CLf PROJECT AREA NO. 4 ACCOMPLISHMENTS In the last five years, the Agency has completed many successful projects and programs in the Project Area No. 4. Below are descriptions of just a few of these projects. A detailed listing of all the projects and programs completed between FY2004-OS and FY2008-09 in Project Area No. 4 is outlined in Table 11 on the following page. Fred Waring Widening / Sound Wall The project widened a major easUwest arterial to six lanes to facilitate ease of movement throughout the City, improve traffic flow, and access to City businesses and schools. As a result of the widening, a sound wall has been constructed along the arterial to mitigate noise along the adjacent residential areas. Freedom Park Provided assistance for the construction of a 40-acre public park centrally located, allowing for ease of use by both Palm Desert residents and adjacent schools. The park provides for local league and recreational play, and is accessible by all valley residents. UCR- Richard J. Heckmann /nternational Center for Entrepreneuria/ Management The Agency provided a loan to the University of California at Riverside for the purpose of constructing street and infrastructure improvements at its Palm Desert Campus. The Agency also provided the land to facilitate the construction of a graduate studies building for entrepreneurial management, which is part of the University of California at Riverside's � Graduate Studies Center. � 45 52 Table 11 provides a detailed listing of the Agency's accomplishments in Project Area No. 4 between FY2004-OS and FY2008-09. Agency Accomplishments in Project Area No. 4 2004-05through 2008-09 Project Name Project DescriptionlHighlights UCR- Richard J. Heckmann Intemafional Center for Enirepreneurial Management Warner Trail Storm Drain �, Property Acquisition-Casey's Palm Desert Country Club The Agency provided a loan to the University of California at Riverside for the purpose of constructing street and infrastrucNre improvements at its Palm Desert Campus. The Agency also provided the land to facilitate ihe consiruction of a graduate studies building for entrepreneurial management, which is part of the University of California at Riverside's Graduate Studies Cenfer. The Agency provided funds for the implementation of puhlic infrastructure to accommodate storm water mn-off and prevent flooding of commercial and residential areas. Table 11 Completion Total Date Expenditure November $2,000,000 2004 June 2005 $2,989,570 The Agency acquired the site currently known as Casey's Restaurant in order to assist in the rehabilitation of a September dilapidatedlblighted structure. The rehabilitation projecf p005 $�,040,114 will be phased and both fapade and strucWral improvements will be implemented. Provitled assistance to allow for additional units in order to �une 2006 I $0 accommodate private development. Provitled assisfance for the construction of a 40-acre public park cenirally located, allowing for ease of use by Park both Palm Desert residenis and adjacent schools. The Apri12008 park provides for bcal league and recreational play, and is accessible by all valley residents. $8,022,216 The project widened a major easUwest arterial to six lanes '� b facilitate ease o( movement throughou� the City, Waring improve traffm flow, and access to City businesses and �une 2009 $5.000,000 ning/Sound Wall schools. As a result ot the widening, a sound wall has been consiructed along fhe arterial to mitigate noise along the adjacent resitlential areas. ' �y 53 Agency Accomplishments in Project Area No. 4 2004-05 through 2008-09 Table 11 (cont.) Project Name Project DescriptionlHighlights Completion Total Date Expenditure In Progress $620,000 The Palm Desert Country Club Undergrounding is a proposed project and will be phasetl once feasibility is determined. If approved, a plan will be implemented to Utility Undergrounding-Palm replace all overhead wires and provide an underground Desert Couniry Club electrical system which accommodates various utilities. Agency funds have been expended on due diligence to determine project feasibiliry. This proposed project requires property owner approval in order to be implemented. 7otal Expenditure 2004-OS through 2008-09: $79,671,899 ' � 47 54 PROJECT AREA N0.4 PROPOSED REDEVELOPMENT PROGRAM Over the next five years, the Agency plans to implement the following redevelopment projects and programs. Table 12 describes the projects and programs proposed, what blighting conditions would be eliminated, approximate costs, and the Redevelopment Plan goals that would be achieved°. � �� " Costs are subject to change, and completion of these projects may require future action by the Agency 55 48 N N � A � 9 �__•; Bo �.�: 0� �; �.r: < �; �`.r: �a �.r: �o �3Q�u �a �� �� �� �� �� �� �� � � v a a 3 L O U � c w � N N� m 7 � 0 0 0 y a o � v o 'y w 'n N a c w w 0 0 o N Q m `v "' ry n E z m o °' � � � U °' � 0 � a � � � ' � °1 E E I� d= w E v i d�� o E o 0 0 �o a 9 v a E U E E E Q ' _ � _ " _ o _ a � a a n v � a' a' a' 0 d a a > c a y v v= g 3 � � a � `a v ° Q � E. y = `o c 2 c 3 E �? � a n=� - r � y - = m `o a � a � V °D'vc Uo �� mPd d � o - - m � o- c E o m w= E= E e o m.`vvaa �� �'0 vv °2�a¢ .n _N� E � � o q d� oa= rn ='o '-v .0 L m.�_ a `"o ` mUmo d --`, n`u . '�E mvOa O m-am � = oH� N.q N��`o � m o o a � m`�° o¢ 3� 3"`� `�' E m°' E v >.v 10aa _ d m i° ro =-Oya " � ° � `m y � _ " '- i u ' u ° a m o�m�°o `m - rn° w a�' vc c nu E rn� o� Q y a a v � a ati= Q.2 ^ <°u c m c� - � a c c c� � � a a o Z H U d r`.`° E r'a � o n H.` z � m° w d E q d m z � a ° Q � � v � 2 E n Q � _ m v� y � y o =' v i°i - E " � - a p e _ ci Im a m a d - O Z A � Q V N O a` � N A � O a`a � � C M A � N � �. N V t d O 7 a` : N `� N � O � am O O d N _�� a ° A o 0 Um� � 0 0 N � m � n ;`o v £ 'm °' d n 0 `o °' �'a °Qo 9 � t � E 0 � o v o � n � E '° � � m o v -°' a 3�a u c � ��� Q 'o � m u � `v t 0 m 0 0 a v 0 E a' i 10 n `o rn m �' D`o m � =o o� a - a e o � U`m y - c o 'a` c v � �?_ F o � 0 a v 0 a `o i � a t a o � m v `o �� � m 'V � 56 N ^ d O FU �y: �$ �u 0 u� � O Z R � Q U d O a` `o H � A OI O a`a v � c ri m � No y. N U L N � O 7 a` ° a $ do N O � a d� 0 0 � aN ¢` w a` 0 v �a 0 .� m G E i 0 m d � 57 PROJECT AREA NO. 4 Table 13 presents the Agency's five-year projected cash flow for non-housing redevelopment activities in Project Area No. 4 during the Planning Period. Tax increment revenue figures provided are the gross amounts of tax increment expected to be received by the Agency, prior to deducting housing set-aside and pass through amounts. Tax increment revenue projections were based upon conservative growth rates, reflective of the current market conditions. The cash flow also includes other projected revenues, including interest earnings and reimbursements. Available bond funds and expenditures have also been included in the cash flow analysis. Expenses include bond debt service payments, housing set-aside deposits, taxing agency pass through payments, administrative fees, bond fund banking obligations, and projected projecUprogram costs. Due to the State's effort to take redevelopment funds to balance the State Budget, the Agency may be required to make Educational Revenue Augmentation Fund ("ERAF") payments during the planning period. In 2008-2009 the State of California approved the budget contingent upon a$350 million shift of Tax Increment monies from Redevelopment Agencies to be applied to ERAF. This amounted to a$5,250,496 payment from the Agency to fund the ERAF shift. The California Redevelopment Association filed a lawsuit on behalf of all redevelopment agencies asserting that the take from redevelopment was unconstitutional based on the Law. On April 30, 2009 a superior court judgment in favor of redevelopment agencies was rendered, affirming that the take was unconstitutional and therefore illegal. The State appealed the decision but subsequently dropped its appeal. The State of California approved the FY2009-2010 budget relying on a$2.05 billion ERAF shift from redevelopment agencies over the next two years. The additional shift to ERAF (referred to as the Supplemental Educational Revenue Augmentation Fund or "SERAF") is estimated to result in a payment of $25,502,408 in 2009-2010, and $5,250,496 in 2010-2011 from the Agency. Within the budget, there is a provision by which the Agency has the option to suspend the 2009-2010 20% housing set-aside contribution in order to assist the SERAF shift in that year; however the loan will need to be repaid by June 30, 2015. The loan could potentially delay many of the housing programs and projects anticipated over the neut five year period. � �, While the California Redevelopment Association believes this shift of tax increment from redevelopment falls under the same circumsta�ces as the previous attempt, the Agency potentially could lose up to $30 million to SERAF shifts over the next two years. These shifts of dollars from redevelopment will severelv impact the Agency's ability to complete many of the projects both committed and anticipated over the next five year period. The California Redevelopment Association has filed another lawsuit in an effort to thwart this and future takes from redevelopment. � �.e 51 58 The cash flow analysis indicates that the Agency will have a positive cash flow during the planning period due to unfunded projects. Projects listed as unfunded will either need to be implemented with alternative funding sources or as a replacement of canceled projects. , During the five-year period covered by this Plan, it is possible that the Agency will undertake some but not all of the listed projects. All costs and time frames listed for the programs and projects are estimates only and may differ from the actual costs and time frames. In the event that a program or a project is included in the list for one Project Area but is not included in the list of another Project Area (or other Project Areas), but the Agency later determines that the program or project would also benefit the latter, the Agency may use funds available from the latter Project Area (or Project Areas) to finance all or a portion of such program or project. Specific projects may also be modified or added depending on actual circumstances, including but not limited to changing needs of the Project Areas, actual costs of the projects and the availability of funding. 52 59 ELIMINATION OF BLIGHT The Agency's proposed projects and programs detailed previously in this Plan are intended to eliminate blight in the Project Areas as defined by Section 33030 and 33031 of the CRL. The blighting conditions addressed by the proposed projects and programs include: inadequate public improvements and/or utilities, depreciated or stagnant property values, conditions preventing the viable use of a building or lot, impaired development due to irregular shaped lots, unsafe and unhealthy buildings, high vacancy and low lease rates, and crime. The following provides a more in depth discussion of how the proposed projects and programs eliminate the blighting conditions indentified in Tables 3, 6, 9, and 12. The Agency is proposing to undertake multiple projects and programs that will improve the aforementioned blighting conditions (within the Project Areas). These projects and programs include activities such as landscape, streetscape, traffic circulation, sidewalk, sewer system, pedestrian access, and public facilities infrastructure improvements. With the help of acquisition and construction projects, the Agency will create open space opportunities and assist in the development of parks and open spaces. Additionally, providing needed public improvements, public facilities and infrastructure will help correct problems and improve the health, safety, and welfare of community residents and workers due to improved pedestrian and vehicular traffic circulation and access. Transportation improvements can have a direct impact on property values. Another benefit of the installation of the identified public improvements is the potential for job creation within the community. Crime as a blighting condition that can be addressed and alleviated through investments in public recreational facilities. Studies have documented a direct correlation between providing recreational facilities and a decrease in criminal activity. The Agency is also proposing projects and programs that will eliminate unsafe and unhealthy buildings by providing needed rehabilitation to ensure public safety. Acquisition and consolidation of vacant or underutilized properties will help eliminate blight from properties that have conditions that hinder their viable use or are irregularly shaped. By successfully implementing the projects and programs detailed in this Plan the Agency will help eliminate blighting conditions in the Project Area and spur economic development. � 53 G�i IMPLEMENTATION PLAN HOUSING REQUIREMENTS . `_J Pursuant to Law Section 33490(a)(1)(A), the Implementation Plan should contain a list of programs and projects proposed over the next five years. This provision includes both the Agency's non-housing and housing project programs. The Agency's housing accomplishments over the past five years and the proposed projects and programs anticipated by the Agency within the Project Areas are located in the Affordable Housing Compliance Plan. 54 61 ADMINISTRATION OF THE IMPLEMENTATION PLAN As detailed in the introduction of this Plan, the Agency is required to produce an Implementation Plan every five years. After adoption of the first implementation plan, a new plan is to be adopted every five years either in conjunction with the housing element cycle or the implementation plan cycle. Implementation Plan Adoption Process Each Implementation Plan must be presented and adopted at a duly notice public hearing of the Agency. Notice of the public hearing must be conducted pursuant to this Section 33490 of the Law. The Notice must be published pursuant to Section 6063 of the Government Code, mailed at least three weeks in advance to all persons and agencies that have requested notice, and posted in at least four permanent places within the Project Area for a period of three weeks. Publication, mailing, and posting shall be completed not less than 10 days prior to the date set for hearing. The Agency may amend the implementation plan at any time after conducting a public hearing on the proposed amendment. Mid-Term Implementation Plan Review Process At least once within the five-year term of this Implementation Plan, the Agency must conduct a public hearing and hear testimony of all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation for each redevelopment project. This hearing must take place no earlier than two years and no later than three years after the adoption of the Implementation Plan and Affordable Housing Compliance Plan. � 55 62 RESOLUTION NO. 566 EXHIBIT A L� APPENDIX 1 AFFORDABLE HOUSING COMPLIANCE PLAN UPDATE PALM DESERT REDEVELOPMENTAGENCY FY2004-05 THROUGH FY2013-14 . j 2009 UPDATE V� � � �� � Palm Desert Redevelopment Agency 73-510 Fred Waring Drive Palm Desert, CA 92260 (760) 346 -0611 Adopted November 12, 2009 Resolution No. 566 63 �. City of Palm Desert REDEVELOPMENT AGENCY BOARD Robert A. Spiegel, Chairperson Cindy Finerty, Vice Chairperson Jean M. Benson, Agency Member James Ferguson, Agency Member Richard Kelly, Agency Member REDEVELOPMENT AGENCY STAFF John M. Wohlmuth, Executive Director William Strausz of Richards Watson & Gershon, Agency Attorney Justin McCarthy, Assistant City Manager/Redevelopment Paul S. Gibson, Finance Director/Treasurer Janet M. Moore, Director of Housing Martin Alvarez, Redevelopment Manager Rachelle D. Klassen, City Clerk VeronicaTapia, RedevelopmentAccountant Catherine Walker, Senior Management Analyst � � 64 TABLE OF CONTENTS L APPENDIX1 ..............................................................................................................................1 AFFORDABLE HOUSING COMPLIANCE PLAN UPDATE ......................................................1 PALM DESERT REDEVELOPMENT AGENCY ........................................................................1 FY2004-OS THROUGH FY2013-14 ............................................................................................1 2009 UPDATE ............................................................................................................................1 EXECUTIVE SUMMARY ............................................................................................................1 COMMUNITY REDEVELOPMENT LAW AND AFFORDABLE HOUSING COMPLIANCE...1 HousingFunds .......................................................................... Housing Production Required Under the CRL ........................ Terms of Affordability for Assisted Housing .......................... Replacement Housing Requirements ...................................... HOUSING STIPULATION ........................................................... OVERALL EFFORTS TO MEET HOUSING NEEDS .................. INTRODUCTION ............................................................................ Background............................................................................... LEGAL REQUIREMENTS .............................................................. HOUSING PROGRAM GOALS 8 OBJECTIVES .......................... HOUSING ACCOMPLISHMENTS ................................................. HOUSING COMPLIANCE PLAN CATEGORIES .......................... HOUSING COMPLIANCE PLAN CATEGORIES .......................... 2010-2014 HOUSING GOALS & OBJECTIVES ............................ HOUSING PROJECTS AND PROGRAMS .................................... HOUSING PRODUCTION .............................................................. Inclusionary Housing Production Requirements ................... Time Requirements for Affordability Restrictions .................. Inclusionary Unit Need Estimation .......................................... Aggregation of Affordable Units Among All Project Areas ... Status of Agency's Inclusionary Housing Production........... Inventory of Inclusionary Units ................................................ REPLACEMENT HOUSING ........................................................... HOUSINGFUND ............................................................................ EXPENDITURES BY HOUSEHOLD TYPES ................................. PRIOR FIVE-YEAR HOUSING FUND EXPENDITURES ............... ADMINISTRATION OF THE IMPLEMENTATION PLAN ............... EXHIBITA ...................................................................................... m ...........2 ...........2 ...........3 ...........4 ...........4 ...........4 ...........6 ...........6 .........10 .........11 .........13 .........16 .........77 .........18 .........19 .........24 .........25 .........26 .........26 .........29 .........29 .........29 .........32 .........34 .........36 .........39 .........41 .........42 65 EXECUTIVE SUMMARY This document is the Housing Compliance Plan ("Compliance Plan") for the Palm Desert Redevelopment Agency ("Agency"). It serves as a blueprint for current and future Agency activities in the Agency's efforts to meet its low and moderate income housing responsibilities. The Compliance Plan has been prepared in conjunction with the Agency's 2009 Five Year Implementation Plan to meet the req�irements of California Community Redevelopment Law (the "CRL") Section 33490. This Compliance Plan amends the Affordable Housing Compliance Objectives adopted on November 18, 2004 and presents an updated affordable housing plan through the duration of the Compliance Period defined below. This Compliance Plan covers the Agency's four redevelopment project areas; Project Area No. 1(Original and Added Territory), Project Area No. 2, Project Area No. 3 and Project Area No. 4(the "Project Areas"). The Compliance Plan incorporates an update of the Agency's affordable programs and housing production activities since 2004, and presents an affordable housing production plan for housing projects over the remainder of the ten-year compliance period beginning in fiscal year ("FY") 2004-05 and extending through FY2013-14 ("Compliance Period"). It also presents a reconciliation of the Agency's replacement housing obligations and provides a forecast of the number of housing units that are or will be needed to be reserved and affordable to very low, low and moderate income persons or families over the second five year period (FY2009-10 through 2013-14) of the required ten year period, the next ten year period (FY2014-15 through 2018-19) and until the termination of the Redevelopment Plans. This Compliance Plan document conforms to the City of Palm Desert's ("City") General Plan and has been prepared according to guidelines established in the programs and goals outlined in the current Housing Element of the General Plan of the City. This Compliance Plan is focused on meeting or exceeding the inclusionary housing unit production requirements of the CRL. This document is not required by the CRL to address satisfaction of the Agency's Stipulation regarding affordable housing or the City's Regional Housing Needs Allocation ("RHNA") new construction figures. COMMUNITY REDEVELOPMENT LAW AND AFFORDABLE HOUSING COMPLIANCE Article 16.5 of the CRL requires all redevelopment agencies to prepare and adopt affordable housing compliance plans on a ten year cycle, with updates corresponding with adoption of their five year implementation plans. The housing compliance plan must identify how a redevelopment agency will achieve the affordable housing production requirements for each of its redevelopment project areas. The compliance plan must be consistent with the jurisdiction's housing element and must also be reviewed and, if necessary, amended at least every five years in conjunction with the cyclical preparation of the housing element or the agency's five year implementation plan. '� � Housing Funds The CRL provides redevelopment agencies with a finance mechanism (tax increment housing set-aside revenues) to fund required affordable housing units. It also defines the type of projects, programs and activities that may be funded with tax increment housing set-aside revenues. The CRL requires the mandatory set aside of a least 20% of the tax increment revenue ("set-aside revenue") received by an agency from its redevelopment project areas into a special fund for housing ("Housing Fund"). Housing Funds are required by the CRL to be utilized to increase, preserve, and improve the community's supply of affordable housing. Housing assisted with set-aside revenue must be made available to qualified or targeted income groups at affordable housing costs pursuant to CRL.' The Agency pursuant to findings made at the time of the adoption of the Project Areas has the authority to expend Housing Fund dollars either inside or outside the Project Areas and aggregate its housing production activities among all four Project Areas. The Agency with the adoption of its 1999 and 2004 Housing Compliance Plan has taken action to aggregate its new and substantially rehabilitated units among all Project Areas to more effectively meet housing program objectives.2 The Agency will consider similar action at the Public Hearing scheduled to consider the adoption of the 2009 Implementation and Housing Compliance Plan. It is anticipated that based upon the evidence provided, the Agency will find that the aggregation of its affordable housing obligations between its Project Areas, will not cause or exacerbate racial, ethnic, or economic � segregation. Housing Production Required Under the CRL The Agency is obligated under Section 33413(b)(1) of the CRL to ensure that over the life of all redevelopment plans 30% of all redevelopment agency developed or substantially rehabilitated units are made available at affordable housing costs to, and occupied by persons and families of low or moderate income ("targeted income groups"), at least 50% of which must be available at affordable housing cost to, and occupied by, very low income households.' Additionally, ' The CRL defines and limits income categories as follows: Very Low Income - persons or households whose gross income does not exceed 50% of the area's median income; Low Income - persons or households whose gross income are greater than 50% but do not exceed 80% of the area's median income�, Moderate-Income — persons or households whose gross income are greater than 80% but do not exceed 120°/a of the area's median income. 2 Section 33413(b)(2)(A)(ii) of the CRL provides that the Agency's obligations under Section 33413 may be met by providing affordable housing outside the project areas on a two-for-one basis. During the adoption process for each of the Project Areas, the Agency adopted appropriate resolutions that allow the Agency to expend its twenty percent (20%) housing set-aside money outside of each respective Project Area. Section 33413 (b)(2)(A)(v) of the CRL provides that redevelopment agencies may "aggregate new or substantially rehabilitated dwelling units in one or more project areas if the agency finds, based upon substantial evidence, after a public hearing, that the � aggregation will not cause or exacerbate racial, ethnic, or economic segregation." ' Section 50052.5 of Health and Safety Code defines affordable housing cost, as adjusted for family size, as:-Very Low — Not more than 30°/o of 50% of the County median household income. -Low — Not more than 30% of 70% (or 60% for rental projects) of the County median household income.-Moderate — Not more than 35% of 110% (or 67 Section 33413(b)(2) provides that 15% of all redevelopment agency developed or substantially rehabilitated units are made available at affordable housing costs to, and occupied by persons and families of low or moderate income, at least 40% of which must be available at affordable housing cost to, and occupied by, very low income households. The Agency's inclusionary housing unit need was initially established by a detailed review of housing units built or substantially rehabilitated in the Project Areas from adoption through June of 1994. Additionally projections of units to be built or substantially rehabilitated from July of 1994 through June of 2004 were developed and provided in the first Compliance Plan adopted by the Agency in December of 1994. Since 1994, the 1999 and 2004 Compliance Plans have reassessed and updated both the number of units constructed or substantially rehabilitated as well as those anticipated to be developed over the various five, ten year and remaining life of each of the Project Areas to establish and update the Agency's inclusionary housing production unit need. This Compliance Plan has updated the inclusionary unit need assessment for the Project Areas, establishing that as of the end of the prior five year period (June of 2009) a total of 8,826 units had been constructed within the Project Areas, since adoption, creating an affordable housing unit obligation of 1,390 units. The Agency has made an exemplary effort to meet its housing obligations under the CRL. To date the Agency has provided, by reserving existing units or developing or assisting new units, a total of 1,707 affordable units of which 1,580 have been credited to meet the Agency's inclusionary housing need. The Agency has planned future projects and programs that should result in development or reservation of 200 affordable units over the next five years. The Agency's efforts to produce affordable housing since the inception of its housing program in conjunction with its planned housing projects and programs for the �ext five year period is expected to result in a surplus of 272 affordable units at the end of this ten year period. The CRL allows the Agency to carry these units over to the next five year and ten year periods. Terms of Affordability for Assisted Housing In addition to providing the affordable units to targeted income groups, affordable units developed or assisted with the Agency's Housing Funds must carry covenants to ensure affordability and availability. Pursuant to the CRL, units created after 2001 must carry 45-year affordability covenants for ownership units and 55-years for rental units. Units may be constructed inside or outside the Project Areas, but units provided outside a project area count on a 2-for-1 basis (for the purpose of ineeting the Agency's inclusionary housing unit need). The Agency may also purchase 55-year affordability covenants on existing multifamily rental units. Additionally, the Agency may aggregate housing units between all four Project Areas to satisfy affordable housing requirements. 68 � 30% of 110% for rental projects) of the County median household income. Affordability amounts under the Stipulation for Very Low Income are 25°/o of 50%. Replacement Housing Requirements The CRL requires that whenever housing occupied by low and moderate income persons or households are destroyed or removed from the low and moderate income housing market as part of a redevelopment agency project that is subject to a written agreement with the agency or where financial assistance has been provided by the agency; the redevelopment agency is responsible for providing replacement units. Replacement units must provide at least the same number of bedrooms destroyed, and 100% of the replacement units must be affordable to the same income categories as those removed. Replacement units may be provided at full credit anywhere within the community. The Agency has funded and developed a number of projects over the years that have resulted in the need for replacement housing units. The Agency has followed CRL by assessing the need and providing and implementing a"Replacement Housing Plan" to provide the required units in a timely fashion. This Compliance Plan details the Agency's activities to meet its housing replacement needs. HOUSING STIPU�ATION On May 15, 1991, the Superior Court of the State of California for Riverside County entered a Final Judgment in certain legal actions between the Western Center on Law and Poverty, Inc, the California Rural Legal Assistance, Jonathan Lehrer-Graiwer and the City and Redevelopment Agency of Palm Desert (the "Parties"). The Judgment incorporated terms of a Stipulation for Entry of Judgment in Case No. Indio 51143, entitled City of Palm Springs v. All Persons Interested on May 15, 1991 and the subsequent 1997 and 2002 Stipulation Amendments to the 1991 Stipulation for Entry of Judgment (the "Stipulation"). The Stipulation and subsequent amendments impose certain ongoing obligations on the Agency with respect to affordable housing within the City. It also provides that the Court continue to have jurisdiction over the matters covered in the Stipulation for the purposes of enforcement of the Stipulation. The Stipulation requires that the Agency develop, rehabilitate or acquire or cause to be developed, rehabilitated, or acquired, within the City, affordable housing units in specific amounts during specified periods. The Agency needed to produce 1,205 affordable units by 2006 per the Stipulation. The Agency has produced the required 1,205 units. The Agency will continue its efforts to meet the requirements of the Stipulation. OVERALL EFFORTS TO MEET HOUSING NEEDS The City and the Agency have worked successfully together in meeting the various housing requirements provided for under the CRL, the Stipulation and the City's current Housing � Element. Since the adoption of the first Housing Plan in 1993 (the "1993 Housing Plan"), the Agency with the assistance of the City's Housing Authority has actively pursued projects, programs, and activities that meet the Agency's needs and housing goals. The projects, programs and activities identified in this Compliance Plan have been designed to significantly m increase the number of affordable housing units within the Community and to improve and upgrade the Community's housing stock and improve the overall quality of life of residents of Palm Desert. , � Z�7 INTRODUCTION This document amends the Agency's ten year 2004 Housing Compliance Plan ("Compliance Plan") for the Palm Desert Redevelopment Agency adopted in November of 2004. In compliance with Section 33490 of the CRL this document serves as the Housing Component for the Agency's Five-Year (2009-10 through 2013-14) Implementation Plan. The Compliance Plan incorporates an update of the Agency's affordable programs and housing production activities since 2004, and presents an affordable housing production plan for housing projects over the remainder of the ten-year compliance period. It also presents a reconciliation of the Agency's replacement housing obligations and provides a forecast of the number of housing units that are or will be needed to be reserved and affordable to low and moderate income persons or families over the second five year period (2009-10 through 2013-14) of the required ten year period covered by this Compliance Plan (fiscal years 2004-05 through 2013-14). It also projects future affordable housing needs for the next ten year period (2014-15 through 2023-24) and until the termination of the Redevelopment Plans. This Compliance Plan collectively covers all of the Agency's Redevelopment Project Areas: • Project Area No. 1(Original and Added Territory) • Project Area No. 2 • Project Area No. 3 • Project Area No. 4 This Compliance Plan specifically reviews the need for affordable housing within the community as it relates to the Agency's obligations under the CRL. It also acknowledges that the Agency has additional obligations for affordable housing agreed to under the Stipulation. This Compliance Plan was adopted along with the Implementation Plan by the Agency following a duly noticed public hearing held November 12, 2009. Background The City Council of the City of Palm Desert ("City") took action in October of 1974 to establish the Palm Desert Redevelopment Agency by adopting Ordinance No. 53. With this action the City embarked on a comprehensive effort to eliminate blighting and adverse conditions within the City. The focus of the City's revitalization efforts has been channeled through the adoption and implementation of its Redevelopment Plans. The Agency's first redevelopment project area, Project Area No. 1, was adopted in July of 1975 and subsequently amended in 1982 to add territory. Since then, the Agency has adopted F three (3) additional redevelopment project areas; Project Area No. 2— established in 1987; � Project Area No. 3— established in 1991; and Project Area No. 4— established in 1993.The Agency has accomplished numerous redevelopment, development and infrastructure projects 71 that have revitalized many properties within all of its Project Areas. The Agency has also made a substantial effort to improve and increase the City's supply of affordable housing. The Agency has four (4) adopted redevelopment project areas encompassing an estimated 11,771 acres of the City's incorporated territory. The Agency is governed by a five-member board which consists of all the members of the City Council. The Mayor who is appointed by the City Council acts as the Chairperson for the Agency. The Redevelopment Plans have been amended from time to time to ensure compliance with the CRL. Most recent amendments eliminated the time limit to incur debt and extended the life of the Project Areas and their term to collect tax increment by an additional year. It should be noted that the Agency does not have eminent domain authority. The following table summarizes the financial and time limitation of each of the Project Areas' Redevelopment Plans. 1 � 72 Redevelopment Plan Limitations of Atloption � tiveness of Plan' s � Increment Dollar Limit Bonded Debt Limit Original Area July i6. 1975 July 16. 2�i6 $758,000,000 None' Added Territory November25.�98� November25.2022 $500,000,000' $200,000.00Oa Table 1 roject Areas Project Area Project Area project Area No. 4�I No.2 '�� No.3 ��� Juty 15. 1987 July 17. 1991 July 19. 1993 July 15. 2028 July 1Z 2032 July 19. 2034 $800,000,000° $600,000,000-Gmss - $1,534,916,881 $360,000,000' (2009atljusletlfor $200,000,000-Nets CPI) $i 50,000.000s $287,796,915 I $100,000,000 $135,000,00010 (2009 adjusted forl CPI) iime Limit to Incur DebP' Eliminated Eliminatetl I Eliminated Eliminated Eliminated Time Limit on Receiving Tax Increment and Paying July 1Q 2026 November 25, 2032 ��� July 15, 2038 July 172042 July 19, 2044 Indebtedness' °' ' .___—_... . . .. . _ .__._— -- . ___._. _ _ ._— _ _ _ .. _. ____ ___._— _. Pursuant to Assembly Bill 1290 all pre 1994 redevelopment prolects were reqwretl to atlopl specifc time limitation. On December 8, 1994 the City Council atlopted Ordinances 765. 766, 767, and 768 establishing such limits for the Prol�� �eas No. 1, 2, 3& 4, respectively. ' Pursuanito Senate 8ill 1045 (Statutes of 2003, Chapter 260), which was enactetl into law in 2003.the City Council atloptetl Ortlinances 1082, 1083, 1084, antl 1085 on December 9. 2�04 to extentl ihe ReGevelopmenl Plan effectiveness and Ihe time penotl to collect tax increment of each PrqeIX Area No. 1, 2. 3 8 4, respedivety, by one year. ° Per the Sixih Amentlment to the Retlevelopment Plan for the Atltletl Territory of Pmjecl Area No.i, which set a limit o( $200 million to ihe Atltletl Territory's bontletl intlebtetlness anG $500 million ro the Atltletl Territory's total tax incremenL ihe AGGetl Terrilory's tax incremen[ limit is exclusive of amoun[s paitl to taxing agencies and exGusive of amounts paitl directly or intlirectly by lhe Agency or any taxing entiry ro fnance the acquisition of land, ;onstmction of buildinqs, facilities, SlmcWreS or impmvements for such taxing agencies. � ' The total tax increment limi� for Projec� Area Na 2 is $800 million, adjustetl annually basetl upon the Consumer Price Index ("CPI"). This limit is sxpressed in 198] dollars and is adlusted in accordance with the changes in the region's CPI . Expressed in current dollars, the limit is $t.5a6,449,ai8. ' Project Area No. 3 has a net tax increment of limitation of $3fi0 million. Net tax increment is gross tax increment less amounis [hat are passetl [hrough to taxing agencies antl amounts sehaside in[o the Agency's Low anG Moderate Income Housing Funtl. ' The total gross amount of tax increment revenue that may be allocatetl lo Ihe Agency from Prolect Area No. 4 cannot not exceetl $600 million. Additionally, lhe number of tex dollars, which may be divided and allocatetl ro ihe Agency, also may not enceetl the amount of $200 million, net of the funds requiretl to be sebasitle into the A9ency Low and Motlerate Income Housing FunG anC paymenls fo the Project Area's taxing agencies pursuant to coo0eralive agreemenls. Both the $600 million gmss cap and ihe $200 million net cap may not be changed except by amendment of the redevelopment � At ihe time of the Adoption of ihe Original Area of Pmject No. 1 there was no �equirement for the Redevelopment Plan ro have a Bontl Debt LimiL This requirement for older redevelopment plans has not been chanqed. � Per the Sixth Amentlment ro the Redevelopment Plan for Prol� Area No.1 for ihe Atldetl Territory atlopted on January 24, 1991, ihe BondeG Debt Cap is exclusive of bonds issued to finance the acquisition of land, construction of builtlings, facilities, stmcWres or improvemenis for [axing agencies. ' The Redevelopment Plan for the Pmject Area No. 2 sets a cap on total bontletl intlebtetlness ihat may be outstanding at any one time of $150 million. The Plan also proviGes for ihe annual adjustment o( ihe bondetl intlebtetlness cap, expressetl in 198] tlollars, in accortlance with the changes in the region's CPI. Expressetl in current tlollars, the cap Is set at $289,959266. 10 The Redevelopment Plan for the Prolect Area No. 4 places a cap on rotal bondetl intle�tetlness. which may be outstanding at any one time at $135 million Such ne� limitation is exclusive of (1) the amount of any bondetl indebtedness issued on behalf of or the proceetls of which are usetl for the beneft of the taxing aqencies to alleviate financial burden, or detriment made by the Agency pursuant to Section 512 of the Redevelopment Plart, and (2) Ihe amount of any bonded indebtedness payable fmm any monies deposi[ed in ihe Agency's Low antl Moderate Income Housing Wnd. il atloptetl Ortlinance No. �035. 1036,1062, antl 1063 amending ihe Redevelopment Plans for Project Areas No. 1. 2, 3& 4, respectivery, lo lime limit ro incur debt, pursuant to Senate Bill 211(Statues of 2001 Chapter 741), which was enactetl into law in 2001. e 73 The following map illustrates the location and boundaries of the Project Areas with the City. 0 -���� �� `i _i � '�.' . � ��~ i - �� � I 3 0. City ofPalm Desert �' Redev¢lopm¢nt Agenry Project Areos i:= cny��mn, O�rofetlaeallo i-oriywl119]s� OhqPCINeallo I-AWe0TFm10n110P21 � PIO�d NPd NJ. 3 f I98]1 � Profatl Mea W. 3 (199q O NCf¢[I PI¢dlb. d (199]) N � I � mi�s Novembec 2005 � 74 I I L_'— � LEGAL REQUIREMENTS The required housing portion of this Implementation Plan (Housing Compliance Plan) serves as a blueprint for current and future Agency activities to meet its affordable housing production and other responsibilities. This Compliance Plan presents a summary of the Agency's inclusionary and replacement housing programs as mandated by Sections 33413(a) and (b)(4) and 33490(a)(2) and (3) of the CRL. Specifically, it presents a reconciliation of the Agency's replacement housing obligations. It provides a forecast of the number of housing units that are or will be reserved and affordable to very low, low and moderate income persons or families over the second five years of the ten year planning period (fiscal years 2009-10 through 2013- 14), the next ten year period and until the termination of the Redevelopment Plans. The Compliance Plan also addresses the requirement that at least 20% of all tax increment revenues allocated from the Project Areas are reserved and deposited into a special fund for increasing, improving and preserving the community supply of affordable housing dedicated to persons or families of low or moderate income.° Such housing must additionally be made affordable to these targeted income groups at affordable housing costs as defined by the California Health and Safety Law.S The Compliance Plan must disclose the current balance and projected annual deposits of set-aside and other revenue into the Housing Fund for the Plan's five year period. It must enumerate the Agency's Housing Program and show annual estimates of Housing Fund expenditures. It must provide descriptions of how the Agency's Housing Program shown in the Compliance Plan will expend Housing Funds to meet the CRL's targeting requirements by household types (very low income, low income, moderate income and persons regardless of age) proportionate to community need. The Compliance Plan must show the amounts of Housing Funds used over the last five years to assist extremely low, very low, and low income units. It must identify the number, location, and level of affordability of newly constructed units with other locally controlled government assistance (no redevelopment agency assistance) that are required to be affordable to, and occupied by, low, very low, or extremely low income persons for 55 years (rental) or 45 years (for-sale). Finally it must provide the number, location, level of affordability, and amount of Housing Funds used to assist units available to all persons regardless of age over the last five years. ° The CRL defines and limits income categories as follows: Very Low Income - persons or households whose gross income does not exceed 50% of the area's median income; Low Income - persons or households whose gross income are greater than 50% but do not exceed 80% of the area's median income; Moderate-Income — persons or households whose gross income are greater than 80% but do not exceed 120% of the area's median income. s Section 50052.5 of the California Health and Safety Code defines affordable housing cost as:-Very Low — Not � more than 30% of 50% of the County median household income. -Low — Not more than 30% of 70% (or 60% for rental projects) of the County median household income.-Moderate — Not more than 35% of 110% (or 30% of 110% for rental projects) of the County median household income. Affordability amounts under the Stipulation for Very Low Income are 25% of 50%. 75 10 HOUSING PROGRAM GOALS & OBJECTIVES The Agency's Goals for the term of this Compliance Period are: • To increase, improve and preserve the Community's supply of low and moderate income housing citywide. • To comply with the replacement and inclusionary housing requirements mandated by the Law. • To leverage the Agency's Housing Funds with other resources in order to promote affordable housing. • To ensure that the dollars spent for general administrative activities are not disproportionate to the amounts actually spent to produce, increase, and preserve housing. • To give priority to housing proposals that will eliminate or prevent the spread of blight Citywide and decrease excess demands on public services such as police, code enforcement and building and safety within the Project Areas. • To utilize the Palm Desert Housing Authority's ("Housing Authority") resources and powers as tools to implement and assist with the development of affordable low and moderate income housing. • To utilize the Housing Authority's efforts to provide affordable low and moderate income housing and to stabilize problem multifamily projects and distressed areas. • To provide direction in the development of housing programs and projects that over time will enable the City and Agency to meet their combined housing obligations. Objectives of the Compliance Plan • Provide an assessment of the Agency's compliance with all aspects of the CRL's various affordable housing requirements and replacement housing requirements, including current and future need for inclusionary units and the use of housing set- aside funds. • Account for the number of affordable dwelling units, either constructed or substantially rehabilitated, in the Project Areas since adoption; � � 11 76 • Forecast the estimated number of dwelling units to be privately developed or substantially rehabilitated between fiscal years 2009-10 to 2013-14, 2014-15 to 2024-25 and over the duration of the Redevelopment Plans; • Forecast the estimated number of dwelling units to be developed or substantially rehabilitated by the Agency between fiscal years 2009-10 to 2013-14, 2014-15 to 2024-25 and over the duration of the Redevelopment Plans; • Account for any low or moderate income housing units destroyed through the Agency's implementation of the Redevelopment Plans; • Verify the number and type of replacement units provided by the Agency in response to any units destroyed through Agency action; • Provide estimates of the amount of Housing Fund revenues available to fund affordable housing production; • Establishment of a timeline for implementing this Compliance Plan to ensure that the requirements of CRL Section 33413 are met during the five year period between fiscal years 2009-10 through 2013-14;and • To confirm the consistency of Agency affordable housing goals, objectives, and programs pursuant to the City of Palm Desert's current Housing Element. 1 12 �� HOUSING ACCOMPLISHMENTS The Public Value & Benefit of Redevelopment During the last five years, the Agency has developed many numerous housing projects and implemented many successful housing programs within the Project Areas and the City. Below are descriptions of just a few of these programs. A detailed listing of all the housing projects and programs completed in the Project Areas is provided in Table 1 on the following page. Falcon Crest/La Rocca Villas F ,�T� i ���.���� � i. �y3� a> i The project is a blended affordable development of 93 for-sale single family homes and 27 senior rental units, developed with the intention of encouraging social, economic, and household composition diversity. The Agency assisted in the development and helped subsidize rents and sales of the units which are all affordable. The Agency acquired the existing 14 unit property in order to increase the availability of affordable units in the City. 13 California Villas Acquisition / Renovation The Agency acquired Ihe property in 2003 and renovated an existing multi-family complex that II exhibited substandard conditions. The complex ,� has 141 units which are available to very low, low and moderate income households. 78 Sagecrest Senior Apartments � t � ._ �..-... r��F'�� V;! ,�1�� . �•5y.' iW ��r. hY� i�� � . 1 ! M. � l�"+.r . p A—.,. . .Ra /" y� Sares Regis-Enclave (64 units) As part of a density bonus, the Agency entered into agreements with a private developer in 2004 to include affordable housing throughout the development. ..... � +'"'. i°" I _:. ,,..r/� .� �> �F � -, { �.� ,� �`1 s x :� '�� �� �� � _ _ 4 i ti � � � - Y. ' � 1 �! �. ,�; _ ; ��" "�"-��i��:,. Palm Village Acquisiiion/Construction Agency funds were used to construct a new 36 unit multi-family affordable housing complex, available to very low and low-income households 14 t _i ��7 �' Laguna Pa/ms Acquisition / Renovation The Agency acquired the property in 2003 and renovated an existing multi-family complex that exhibited substandard conditions. The complex has 48 units which are available to very low, low and moderete income households. '..�^'� .,..,,.. - — " � � 34: �, _ { �� � I , �� �` . x ;_�.�,�s�y .�=� _ �. Habitat for Humanity The Agency donated property to Habi[at for Humanity to provide housing to very low and low-income households in exchange for an affordable restriction placed on the property. 79 Table 1 provides a detailed listing of the Agency's housing accomplishments between FY2004- 05 through FY2008-09. Agency Housing Accomplishments Table 2 2004-OSthrough 2008-09 Project Name Project Description/Highlights Agency funds were usetl to upgratle �he in�erior hallways ert Pomte Improvemenls �o eliminate healih and safery electrical concems and to enhance a wall faFatle in ortler to tlecrease Ihe damage from tenanl ingress antl egress. The Agency replacetl t�e tleteriorated carport mof system o Quail Place Carpons at a 384 unit affortlable housing complex owned by Ihe Agency. The units are available to very low, low antl motlerate-income households. itllewootl The Agency acquired Ihis ezis�ing 30 unit pmperty in ortler to eliminate their "at risk" affordable housing units staNs. The Agenry arquired a blighted pmperty atljacenl to Propetly Couniry Village ApaM1ments for expansion of the availabiliry of affortlable housing. Agency funtls were used to impmve si9nage w�ich will � Quail Place Signage enhance sa(ety vehicle si�e iden(ification as well as provitle bener access to the site. lecresl 1 The Agency arquired �his exis�ing 15 uni� property in ortler �o increase the availabiliry of affordable units in the Ciry. The project was a blended aHordable tlevelopment of 93 for-sale single (amily hames antl 27 senior rental units ;on CresVLa Rocca w�ich was developed with lhe inteNion of encouraging is social, economic. antl householtl composition diversiry. The Agency assisted in ihe development antl helpetl subsidize ren�s and sales otlhe aftortlable units. nebuyer Subsitlies- The Agency pmvitletl frs4lime homebuyer assis�ance to :on Cres� restridetl income households tor a 93 units for sale development. iitat for Humaniry The Agenq donated property �o Habita� for Numaniry to provide housing to very low and low-income householtls. The Agency acquired Ihe pmpetly in 2003 and renovated una Palms an existing mNli-family complex that exhibitetl uisi�ion/Renovation substantlard conditions. The wmplex has 48 units which are available to very low. low antl moderote income householtls. Completion Date ��. March 2005 June 2006 July 2006 November 2006 June 2007 Febmary 2008 April 2ao8 Apn12008 May 2008 June 2008 $156.636 $503,255 53253,759 $1.890.998 $41.366 � $1,909.878 $31.960,8]6 53,228,001 $254.067 $10,328.950 � 15 f il] Agency Housing Accomplishments 2004-OS through 2008-09 Project Name Palm Village AcquisitianlCansiruction Sagecresl Sr California Villas Acqu isilion/Renovatio n Country Village Acquisition/Renovation � Taos Palms Renovation Compliance Programs Developer Ag2emen[s for ANordable Housing �, '��, Project DescriptioNHighlights Agency funtls were usetl b constmct a new 36 unit multi- famity affortlable housing complex, available �o very low and low-income households. In addition lo Agenq funds, $600,000 of HOME funds were used to assist with ihis project. The Agency acquired �he ezis�ing 14 unit pmperly in order to increase ihe availabiliry oi aHordable unils in ihe City. The Agency acquired the property in 2003 antl renovaletl an existing mW�i-family mmplez ihat exhibiled substantlartl contli�ions. The complen has 141 unils which are available to very low, low and modera�e income househalds. The Agency acquired �he property in order to maintain Ihe propertys viabiliry antl to increase the affordable housing in t�e City. The eaisfing fifi units have been tleconsimcted antl lhe Agency has relocatetl lhe affectetl �enan�s in anticipation of a pmposed project consis�ing of appmxima�ely ]2 affordable residential units. �i The Agency is funding lhe retlesign for in�erior I renovations of deteriora�ed apahmen� units whic� are I available to very low, low, an� moderate income Ihouseholtls. IThe Agency has crea�ed programs to provitle assislance � to homebuyers, renters and resitlen(s that neetl home � improvemenis or access to affortlable housing. Arquisilion, Rehabilita�ion, antl Resale HomelmprovemenlProgram � Rental Assistance Resale Program i First Time Homebuyer Program i Agreemen�s behveen the Agency and private tlevelopers require implementation of aHortlable housing thmughout their developments. Sares Regis-Enclave (64 units) I Falling Waters (49 units) Vineyards (52 units + optlon for 51 atlClHonal units) Bernartl (4 unlls) Emeraltl 6rook (21 units) �, L & T Invesiments (4 units) Completion Date November 2008 Febmary 2009 June 2009 In Progress In Progress In Pmgress On-Going Agreement Daletl BI10/2004 Agreement Dated 4I16I2007 Agreement Datetl 3I27I2008 Agreement Dated 10/22/2007 Pentling Total Gross Eapenditure 2004-05 through 2008-09: Nofe: Gross Expentlitures in Table 2 tlo nof re(lec! loan receivables. Table 2 (Cont.) 3ross diture $8.342.909 $2,160,639 $16,592?19 $5,140 783 $20,082 822.3� 4 $126.296 $161,062 Unknown Unknown Unknown Unknown Unknown Unknown 588,079,230 81 16 HOUSING COMPLIANCE PLAN CATEGORIES The housing component of a redevelopment agency's implementation plan establishes ten- year objectives to achieve compliance with the housing requirements of CRL. The housing component (unlike the non-housing portion of an implementation plan) must address both a five and ten year period, setting forth an agency's affordable housing projects and programs over these periods. Because of the examination of past efforts, future need and future expenditures and programs the document is commonly referred as the housing compliance plan or compliance plan. A compliance plan must address specific requirements that are set out in Section 33490 of the CRL which generally fall into three categories which will be addressed in the Compliance Plan. They are: 1. Housing Production — A redevelopment agency is required to ensure that a specific percentage of housing units are made available and affordable to low and moderate income households within a project area over the life of the redevelopment plan governing the project area. These required affordable units are typically referred to as "Inclusionary Units" and are based on the number of housing units constructed or substantially rehabilitated within a redevelopment project area over a five and ten-year period and the over the remaining effectiveness (term) of a redevelopment plan. 2. Replacement Housing — Another legal obligation of a redevelopment agency is to ensure that any housing units occupied by low or moderate income persons destroyed or removed as a result of an agency action are replaced within four years with a like number of units with the same total number of bedrooms for the specific income (or lower) groups being displaced. Potential projects must be identified as well as the replacement units or plans that will result in the replacement of the destroyed units. 3. Housing Fund & Expenditures by Household Types — A redevelopment agency is required to specify the amount of housing set-aside funds an agency must set aside and spend over a five and ten-year period on housing affordable to very low income households, low income households, and housing for residents regardless of age. � 17 m 2010-2014 HOUSING GOALS & OBJECTIVES The following goals and objectives generally correspond to those included in the Redevelopment Plan for each of the Project Areas. These goals in conjunction with the Housing Goals and Objectives provided on the prior pages of this Compliance Plan formulate the overall strategy for this Compliance Plan and will serve as a guide for the Agency's activities during the next five years. �Remove Blight. To eliminate and prevent the spread of blight and deterioration, and to conserve, rehabilitate, and redevelop the Project Area in accordance with the CLEAN Redevelopment Plan and Annual Work Programs. Encourage and Coordinate Stakeholder Participation and Investment. To encourage �the cooperation and participation of residents, businesspersons, public agencies, and community organizations in the revitalization of the Project Area. To encourage private sector investment in the development and redevelopment of the Project Area. To co��aeoaa.e coordinate revitalization efforts in the Project Area with other public programs offered by the City and other public agencies. �.. Diversify and Expand Economic Base and Employment Opportunities. To promote ,� the economic well being of the Project Area by encouraging the diversification and woaK development of its economic base and employment opportunities. Promote Responsible Development For Our Community. To encourage the Qdevelopment of commercial and residential environments which positively relate to adjacent land uses, and upgrade and stabilize existing uses. To provide for the revitalization and full development of the City's core commercial area, to attain consistent image and character, VFESERVE and to enhance their economic viability. To expand the resource of developable land by making underutilized land available for redevelopment. Improve Community Facilities, Infrastructure, and Traffic Circulation. To provide � needed improvements to the community's education, cultural and other community facilities � to better serve the Project Area. To provide needed improvements to the utility infrastructure and public facilities that service the Project Area. To improve traffic circulation "«Es� through the reconstruction and improvement of existing streets in the Project Area. To provide for necessary public parking to address parking deficiencies. �Initiate Green Projects and Programs. To move energy conservation / efficiency objectives beyond discourse and demonstrates projects that achieve significant quantifiable GREEN energy reduction. To invest municipal resources in measurable sustainable programs. Q Provide and Improve Affordable Housing Opportunities. F assist low and moderate-income persons and families to N promote the rehabilitation of existing housing stock wher L L1°E development of quality, affordable housing. G[ ] To improve housing and obtain homeownership. To e appropriate and promote 83 HOUSING PROJECTS AND PROGRAMS FY 2009-10 through FY 2013-14 The Agency will continue implementation of affordable housing projects throughout the Project Areas and Citywide over the balance of the Compliance Period. The Agency's housing production activities over the last five years have resulted in a substantial number of affordable housing units being created, reserved or produced. The Agency's future housing activities will follow this Plan's goals and objectives by continuing to concentrate efforts producing additional affordable units to meet the Agency's inclusionary requirements. Future affordable housing implementation activities will fall into the following categories: 1. Multi-Family Housing Rehabilitation — The Agency will provide for both internal and external renovations and upgrades to deteriorated apartments. Improvements will be performed on units that are available to very low, low, and moderate income households. 2. Property Acquisitio� — The Agency will acquire property for the purpose of creating both single and multi-family affordable housing projects. The Agency will focus on acquiring dilapidated multi-family apartments complexes that can be rehabilitated for the purpose of affordable housing. 3. New Construction of Affordable Housing — The Agency may construct or may help finance housing projects yielding affordable housing units with restrictive covenants by providing developer subsidies. 4. Affordable Housing Subsidies — The Agency will provide subsidies to assist first time homebuyers purchasing affordable housing, assist property owners rehabilitating deteriorated affordable housing. Table 3 contains a specific list of programs and projects proposed by the Agency to meet affordable housing requirements during the remaining Compliance Period. Table 3 presents the anticipated expenditures, funding source, blight elimination, estimated timeframe, redevelopment goal achieved by each of the projects and programs listed. Each project and program will assist in increasing the availability of affordable units in the City. u 19 84 M N A a o R � � c a d � Ot Q� o � >a � �� rc a � N 3 a n K w 9 9 0 C H c � rn oa �a„ V y rn o °a a C 9 d m L a - m — �a m � E c 3 0 _ _ � y � o E � � m=a A o ` � CI �'�v o � `u a 'm 3 a y ¢ `o_ o .� O_ wz C ;a � o � u '�=°o O � v i � � o � 1 M a °i'0 � a� � N .y L o 7 � d 'm 7 i � Zt t � �' y � N O � O E Qaaf a a O O � � o d N r �� �� �� �� �� �� �� `m c m o U U N� U n] a O N a 0 N N E N N � N a � O = N �sraa m 'mo.�a� `'m _ n� mm< °' c b � ry T V O I N _�o°'o q a "E°'cEc a ° � � `o `o a? m � o I¢ ¢ a � U � S a E � N Q C� m N 5o a 5 n ¢ 't a � E do, o, _ o ma�,N`o o ,m � o - 'o � ° w � m a N - � m °a � L° u �� w d � �E9�,�m a� � m o,oEg °t v 'o E 'a � � `m - _ � : a` o o`m ; o m ny`oSEc ' � a � 3 �r-E a n� m r v d m o o'� a c q - c 8 � �o "'o N � V U'ie N` d r v= n n m a E IIF v N > yqj N N J o E v o t g d E a n � U v 'v y o i a o > � v � N nvu� 3ii c n v e y v E m � o v = � "`v nam � E a � o �ap cx a °'cd m��� 0 a w 'w d `m ��d�_ > o o � � � °� �,mn> � m m o � a n m u � �� �� �� �° ca t Um U O O � � N N T � T � s;, �a E c � C c � C =a h =a y m�O ��O at � ct A � _ � a' � a' N � N � o r `o t a n - a o a o o a o a m� m� o t o r � � J a an o� As° AS° rn� rn� 3 � 3 � _Q _Q v v w v �V nL �`o �`o !-' v m ti `o r `o `o � a N � � � S �a �\� 8$ M ^ � O q �V �O O F U � �a y � . w °= 0= `�i; �o �� 0� 0� dQ o , _ � � a � �� �� �� �� �� �� U U U O V�i � N � � � W � � � O a` a c A � a�i a O � � M a� mo � N 'y L 3 � O � = O � � � O N 0 am O O a`N ,a � 9 a o m U m � 3 J Z IO O � O P V P < uv v i � � � � � c m N � - m � _ � m � � t'o 'o c° c° � `o � t m v m m m d � � ' a - ' A a a a w '� � � � aa a a ¢ 0 `o=�m o°' m `a m ' C o 3 w A E Q' m c maaa ,� `vo m a a _ og �g e �o � d E a 9 m`° ` n nAmaa� a`o 9n m `- o`- '�0 0� o o y a _�E 3�� �.'^ a � o yo_,_ ao ' � m � n y o m m � 2� m.a 'o = ➢ v y o o c y � c � a _ � � d�i' LL° � m o o-p d e � `- -� �'t o v nn -n a _a _ oS noo� a -t � ta�" _" 3- 3` '"�„`° �3v 6 =� _ � m A' E L A� �3 �t _`uo'�0� m T u 8 m v E c_ o o v� n � a - �`- v� E E v a e� ` m a o d ¢ 5 E v� n n r c c° r t r m v o `o i � v _ Q 9 a � a - v �' ' E � `�F � m a h 3 U o o a � 3 'n � a o`. m � � �u 0� �� U N� O O a m 0 0 m v a S o E a a T�- m E m u nS � � a m a " E E � E 2 _ -U c:`°c o0 � � m u c vt_•t'_ ya. ��N m � w _v o, m - ao yE'^ a � � "9� o a � o t v^ t _ad ='t.=mm 3m� avv-= o n d w o ` u n a 3 a m d A a m o ''� o 0 � � .¢��-o�rnrnz >. d p n� y v y w n _ v 4=v �tmo ¢ °n `o _ � v y ¢ m m 0 I, 1i N , � ` m M ^ d C m o Q j � U � C 9 d j �'s �a o � �Q m � �� N A � O a` � C R � d V O� a`� � O C N 'N L � a o � = o � ~ y O O O o � d N Q� �� �� �" �" �" �U U U C � t0 ` O O O � 0 N 9 � � � C N X W G � E E � o 0 d a a` d n a, � m rn rn V O O O `0 a �c'o a v v v r � - - m n=nao� o 0 � J='��� v v a � - as'o a _ V c N`o v a a o � = i i o a °' � ¢ a oNao U -a v o v m m _ 'o m ' `o o � '� i _ y o E a y v a m V 2. D 0 m N C � E � v c o y-� `T' o m o L `" _ n10 v°� om d @ n a ¢ � n°a Ino `� v m ; A v � a 3 'c o r g' '3 �o �" v u� E a`a `v � °' c u "`o a o m°' av= �y ah v n - v `v w ? r v' E .r o t r n m E v �a = � > �� a Z o v VJ U E C d T �p . � o - a` n E a ,, � N O P E N 0 Ia 0 O 0 v a Q ° `o m m Y'�m o c dF D � m v o a � � a m o' $o= ��o ; v o ' � c °' o+ Q a a ��n F y � v m ¢ �J �" U E m 0 la` "o O a 0 m � ¢ c o E � v C U v`o E°�i g n �' � t '� ="t •-' �`o v o - v '� 3 v � � n m Q d 2 c °1 vwQ Hn � � a O �� �� �" �" U U O N � � � I0 w w E E m m 0 0 a` a` a a 0 0 O O W IU t o m v m m E i � ¢ ¢ 0 o a o � v v � _ `m Q 3 y b - � ° °a n � a i � N y a a w£ Emyai 9 � 00 �c m m .a o a � ° 3 a « o - q m`v � � �^ „a � d c° a v a ; � v m - � _ �;o'w o.t�v ��t E La i - A w w rnEn v y� o 0 0 a'ua acam rdm �'��3 mo 0 V A _ „� V 'q Q � O � N� m'E IQE m A � '° iE o ly o a � a` N N 87 �— v� � U N E � � O a` v c R � N O O a`� �o � N 'y L 7 � O � = O V r � O N O 6 01 O O d N �a �� m � nt Q" Q" � u i a v � �� �� d u c � m O D U N P ,p m o d � N N '� n a "' �� c _ a c x Q y! a c � E d o ` � — o a n = a a` 'u a m c o ° Q U O O C a °i 'v v - - c m� L o 0 U y _ d ay a - � y a L Q � � W Q Q m N � d � a y W � ] � C ? � O j N � N � N t O N v � � t y O � �.O F O O d � � a E o o'� o o- $�vv Z3a_ `uv�� c1On m a E " � t � o°= n a m = -�a a vv� �a o�E� E� r� E t o a o`v'°-' � '`o � w pv�v ¢a o�a a2' m � " E = a .» m - o� �re� �Q�r E m y o E d a m � 2 m v u � � ?' Q o O °' c E a - � t o E � a` x° �II , M 'N � � HOUSING PRODUCTION The Agency's inclusionary housing unit need was initially established by a detailed review of housing units built or substantially rehabilitated in the Project Areas from adoption through June of 1994. Additionally, projections of units to be built or substantially rehabilitated from July of 1994 through June of 2004 were developed and utilized in the first Compliance Plan adopted by the Agency in December of 1994. Since 1994, the 1999 and 2004 Compliance Plans have reassessed and updated both the number of units constructed as well as those anticipated to be developed or substantially rehabilitated over the various five, ten year and remaining life of each of the Project Areas to establish and update the Agency's inclusionary housing production unit need. To update the number of housing units that need to be affordable to low or moderate income households, the Agency determined the total number of units constructed or substantially rehabilitated over the last five years within each of the Project Areas. Estimates of units to be newly constructed or substantially rehabilitated in future years were calculated and the required affordable units were determined by applying the formulas pursuant to the CRL. The following inclusionary housing analysis takes into account all residential construction or substantial rehabilitation that occurred within the Project Areas since their adoptions to � determine affordable housing production needs. Housing production figures are calculated for existing residential construction and substantial rehabilitation, and include projections for the number of additional dwelling units to be constructed or substantially rehabilitated during the Compliance Period, the next ten years, and over the life of the Project Areas. The following narrative defines "new construction" and "substantially rehabilitated" as required by CRL, as well as describes the methodology used for collecting data on both existing and projected housing units for completion of the Compliance Plan. New Construction - The Agency and City Planning staff provided the original construction statistics used in prior Housing Compliance Plans. Because the Law does not provide a clear definition of new construction, the Agency staff, consultant, and legal counsel have agreed upon a"definition" for new construction. The definition: "new construction occurs when building permits are issued for and construction occurs resulting in the development of a new dwelling uniY'. Counts of new dwelling units developed from 2005 through 2009 were based upon Certificates of Occupancy and Final Inspection records of the City's Building and Safety Department. Future Proiections of New Units - Projections of future new units have been based on General Plan land use densities and available vacant land. The Community Development Director and Planning staff have reviewed the General Plan densities of residentially zoned vacant land within the Project Areas to determine the potential numbers of new and substantially rehabilitated units that can be expected to be developed over the remaining effectiveness of the Redevelopment Plans. Projections of substantially rehabilitated units have been included for the remaining Compliance Period based on the Agency's proposed projects detailed in 89 24 Table 11. No projections of substantially rehabilitated or Agency developed units have been included past the Compliance Period. Projections of future Agency developed and substantially rehabilitated units will be reevaluated at the midterm review and updated the preparation of future implementation plans. Apencv Develoqed Units - Historically, the Agency has directly developed or rehabilitated dwelling units triggering the thirty percent (30%) affordable housing requirement of Section 33413(b)(I) of CRL. During the remaining term of the Project Areas, where appropriate, the Agency may directly develop or rehabilitate dwelling units to meet its inclusionary housing unit need. Additionally, the Agency will continue to cooperate with and provide assistance and incentives to private developers, nonprofits, and the Housing Authority in order to meet affordable housing production goals. Privatelv Developed Units developers will trigger the 33413(2)(A)(i) of the CRL. Substantial Rehabilitation rehabilitation" as: - Dwelling units constructed within the Project Areas by private fifteen percent (15%) affordable housing requirement of Section The CRL, as amended by AB 1290, defines "substantial rehabilitation, the value of which constitutes 25 percent of the after rehabilitation value of the dwelling, inclusive of the land value" (Section 33413(b) (2) (A) (IV)). As defined by CRL "substantially rehabilitated dwelling units" means: "On or after January 1, 2002, substantially rehabilitated dwelling uniYs means all units substantially rehabilitated, with agency assistance. Prior to January 1, 2002 substantially rehabilitated dwelling units shall mean multifamily rental units with three or more units or substantially rehabilitated with agency assistance, single-family dwelling units with one or two units" (Section 33413(b) (2) (A) (iii)). Inclusionary Housing Production Requirements As previously described, Section 33413(b) of the CRL requires that not less than 30% of any Agency-developed units ("30% Units") or 15% of privately developed units ("15% Units") produced during the next five and ten year periods as well as the period remaining on the life of the Redevelopment Plans, be affordable to low or moderate income households. CRL also requires that of the 30% Units, at least 50% of these and at least 40% of the 15% Units be specifically reserved for, and affordable to, very low income households. The affordable housing production requirements for this Compliance Plan should be met during the ten year period which ends on June 30, 2014. Table 3 summarizes the production requirements over various time periods as required by the ,� � CRL. The number of affordable units required is based on statutory thresholds. Pursuant to the CRL, the Agency is responsible for ensuring that the appropriate number of affordable ° units is created during the Compliance Period. Exhibit A provides a glossary of terms related to affordable housing covenants, affordability limits, and inclusionary unit satisfaction. 90 25 Time Requirements for Affordability Restrictions � Effective as of January 1, 2002, all units assisted by the Housing Fund including replacement housing units and inclusionary housing units must be affordable for 55 years for rental units or 45 years for owner-occupied units. Units assisted, rehabilitated or constructed prior to January 1, 2002 may have shorter time limits as provided by the CRL at the time of their production. Inclusionary Unit Need Estimation Tables 4 through 8 presented below provide documentation of the number of housing units produced or projected to be produced over the Compliance Periods as well as over the life of the Project Areas. The Tables also provide an assessment of the number of inclusionary units required to meet the standards of the CRL over the Compliance Periods as well as over the life of the Project Areas. Table 4 provides a summary of collective housing unit calculation for all of the Project Areas. Tables 5 through 8 provide separate details for each of the four Project Areas. Inclusionary Housing Obligation Table 4 Housing Unifs Constructed or Subsfantially Rehabilitated Number Inclusiona Units Required (Inclusive of both Agencyantl Privab Devalopatl Unitc) of Units Total Unils VL Unita L(M Units Summary of All Prqect Areas Adoption Thraugh 1994 5,121 778 314 464 __1994Throuqh2003-04 '___ 3,019 _________485 ________207_ _________284 _______________________________________"""' ' Adop�ion Through 2004 8.140 1,263 515 748 2004-05 Through 2008-09 6H6 126 56 70 2009-70 Through 2073_14 285 179 55 64 ""' """""""""""""""..."" __ _______." 2004-OS Through 2013-14 971 245 111 134 2014-15 Through 2018-19' 1,250 188 75 113 2019-20 Throu h End of Plan 1,424 214 85 128 All Pro'ect Areas Atlo tion throu h Entl of Plan 71,785 7,909 786 1,123 i .�.._,._. _..__�.....__..........._ .__...._.._ _..�_..�,.._., �.,...,.. ,._ , �o . ....... ........�„�.......,.i......w .....�.. _... onai_ ,.s ��.., n,.,...,....,.....i....... ...,.�� ' Units projec�etl during nec� planning periotl. � 91 � �V II 27 92 � This number inclutles 12 substantially rehabilita�ed unils. � Includes the Sagecresl project. ° Units projec�ed during ihe ne�R planning period. ' Units projectea Ouring �he next planning period. ' Inclutles the Vineyartls project. Inclusiona Housin Obli ation Table 7 Project Area No. 3 Number Inclusiana Units Required Housing Units Constructed or SubsGntially RehabiliWted af Units Total Units VL Unils LIM Units Date ofAdopfion Through 630-94 Agency Developetl: Adoption through 630-94 (30 % Requirement) 0 0 0 0 Privately Developed: Adoption through 630-94 (15 % Requirement) 80 12 5 7 SUBTOTAL Da[e ofAdopfion through 630-94 80 12 5 7 Agency Developed 1994-2004 (30 % Requirement) 2 1 1 0 Privately Devel�ed 19942004 �5 % Reguirement) 541 81 32 49 SUBTOTAL 1994-2004 543 82 J3 49 TOTAL Adop[ion through 2004 623 94 38 56 Agency Developed 2004-05lhrough 2008-09 (30 % Requirement) 120 36 18 78 Privately Developed 2004-OS through 2008-09 (15 % Re_ uirement 109 16 7 9 SUBTOTAL 2004-05 through 2008-09 229 51 25 27 Agency Developed 2009-10 through 20'13-14 (30 % Requirement)' 45.0 13.5 6.8 7.0 Privately Developed 2009-10 through 2013-14 (15 % Requirement) 10 2 1 1 SUBTOTAL Estimated 2009-f0 fhrou h 2013-14 55 15 27 36 TOTAL 2004-05 throu h 2013-14 284 67 45 63 2014-i5through 2018-19' 10 2 1 1 Through End of Plan (2032) 3 0.5 0.2 0.3 Project Area No. 3 Adoption [hrough End of Plan 920 163 84 120 ' Number o( inclusionary units required is calculated based on 15 % of ihe Drivately tlevelopetl units antl 3� % of the Agency tlevelopetl units. ' Units projeaetl during ihe next plannin9 periotl. ' InUutles ihe Self Help Housing Metle Streel antl Canterra Phase 11 pmjects. Inclusiona Housin Obli ation Table 6 Project Area No. 4 Number Inclusiona Units Re uired Housing Unifs Constructed or SubsWntially Rehabilitated of Units Total Unib VL Units LIM Units Date oi Adoption 7hrough 6-30-9d Agency Developed' Adoptian through 630-94 (30 % Requiremenl) 0 0 0 0 Privately Developed: Adaption lhmugh 630-94 (15 % Requiremenl) 218 33 13 20 SUBTOiAL Date ofAdoPtion through 6-J0.94 Ti8 J3 13 20 Agency Developed 1994-2004 (30% Requirement) 141 42 21 21 Privately Developed 1994-2004 (15 % Requirement) 937 141 56 85 SUBiOTAL 1994-2004 1 07H 18J 77 106 TOTAL Adoption throu h 2004 1,296 216 9U 126 Agency Developed 2004-05 through 2008-09 (30 % Requirement) 0 0 0 0 Privately Developed 2004-05 thmugh 2008-09�15 % Requiremenl� 61 9 4 5 SUBTOTAL I00405 through 2008-09'� � 61 9 4 5 Agency Developed 2009-10 through 2013-14 (30% Requirement)' 72 21.6 11 11 Privately Developed 2009-10lhrough 2013-14 (15% Requirement) 10 _ 2 1 1 SUBTOTAL Estimate 2009•10 throu h 2019•14 8Y 24 tY 12 TOTAL 2004-05 Thru 2013-74 143 33 16 17 2014-15through 2078-19° 60 9 4 5 Through End of Plan (2034) 6 1 0 1 Project Area No. 4 Adoption Through End ot Plan 7,505 259 110 150 � Number of inclusionary units required is calculated based on 15°h of ihe privately developed unils antl 30 % of fhe Agency tleveloped units. ` This number includes 12 substantially rehabilitaletl units. � Inclutles fhe Counlry Village pmjec�. ° Units pmjec�ed tluring �he next planning period. m 93 Aggregation of Affordable Units Among All Project Areas Section 33413 (b)(2)(A)(v) of the CRL provides that redevelopment agencies may "aggregate new or substantially rehabilitated dwelling units in one or more project areas if the agency finds, based upon substantial evidence, after a public hearing, that the aggregation will not cause or exacerbate racial, ethnic, or economic segregation." Status of Agency's Inclusionary Housing Production Table 9 presents reconciliation of the Agency's affordable housing production requirement for the prior and the remaining Compliance Period, as well as over the next ten years, and the entire duration of each of the Project Areas. The information provided in Table 9 is based upon the housing production numbers presented in Tables 4 through 8 and the Agency's inventory of affordable housing projects completed to date (detailed in Tables 10 and 11). As shown in Table 9 and based upon projections, the Agency anticipates a surplus of 210 low and moderate income units and a surplus of 62 very low income units at the end of this ten year period of the Compliance Plan. Details of production of affordable housing units for the first five year period and the current and second five year period of this Compliance Plan is shown in Table 11. � Inventory of Inclusionary Units I� As previously described, Section 33413(b) of the CRL requires that not less than 30% of any �� Agency-developed units or 15% of privately developed units must be made affordable to low 94 29 'This inclusionary housing unit deficit was created in ihe Pre 1994 period. The Agency's housing production in the first ten year compliance period (1995-2004) was sufficent to meet ihis need. �Duretion of Redevelopment Plans are as follows: Original Project 1: 2016. Atlded Territory: 2022, Project No. 2�. 2028, Project No. 3 2032, Project No. 4: 2034. and moderate income households. Table 10 below details the Agency's production or reservation of affordable housing units through June 2004. C. Project Type 1994 PGA PC-A PC-A PC-A PC-A NC SR-A RC-A RC RC 7994-June 2004 SR-A PC-A MH-OU NC NC NC NC SR-A SR-A NC MA-A NC NC NC RC NC Project Name One Quail Place Pueblos Neighbors Catalina Gardens Las Serenas' CV Self Help Housing Desert Pointe San Tropez Shadow Hills Estates Shadow Hills Estates Santa Rosa Apartments Taos Paims Portola Palms Mobile Home Pk Desert Rase SF Homes Building Horizons SF Homes Habitat for Humanity Rebecca Road Califomia Villas Laguna Palms Hovely Gardens Candlewood Villas on the Green Camerra Phase 1 Pacific Assisted Living 74-047 San Marino Circle River Run One Total Total Numberof Full o Affordable Units NumberofVL NumberoFLow Moderate 50% Units in Credited Units Units Units Credi Project Total Credited Tolal Cretlited Total Credited 384 15 24 72 123 11 64 103 6 10 812 20 16 39 161 2 3 2 141 48 130 26 15 31 2 1 2 384 133 133 191 191 60 60 15 13 13 1 1 1 1 24 14 14 3 3 7 7 72 49 49 8 8 15 15 61.5 71 35.5 21 10.5 31 15.5 11 0 0 11 11 0 0 64 26 26 14 14 24 24 51.5 0 0 103 51.5 0 0 6 0 0 0 0 6 6 10 0 0 0 0 10 1� 699 306 270.5 352 290 154 138.5 Total Credited Total Credited Total Credited zo zo zo 0 0 0 0 16 12 12 3 3 1 1 39 29 29 6 6 4 4 161 24 24 105 105 32 32 2 0 0 2 2 0 0 3 3 3 0 0 0 0 2 0 0 2 2 0 0 141 97 97 26 26 18 18 48 27 27 5 5 16 16 130 62 62 67 67 1 1 26 23 23 0 0 3 3 15 0 0 8 8 7 7 31 31 31 0 0 0 0 2 0 0 2 2 0 0 1 0 0 0 0 1 1 2 0 0 2 2 0 0 Full Full Full Full 50% Full Full 50 % Full Full Full Full Full Full Full Full Full Full Full Full Full Full Full Full Full AHordable units created from existing units ihrough the purchase of units with afforaability covenants. "A" indicates units are ownetl by Units created by new consimction Resirictetl covenants imposetl as a contlition of Development Home ownership assis�ance Units created thmugh lhe rehabili�alion of exis�ing uni�s with the imposilion of affordabiliry covenants Maintain affordability of income-restric�ed uni�s Las Seranas contains 24 units thal will be counted as replacement houfsng units for the Country Villages antl have not been inclutletl. � The Agency anticipates development of affordable housing projects in the Project Areas over the Compliance Period that may result in sufficient units to meet the housing production requirements, thereby achieving these housing production requirements. Table 11 below KI�] 9s deiails the Agency's affordable housing units created during the first five year period of the Compliance Plan as well as units projected to be built, rehabilitated or reserved during the final five year period of this 10 Year Plan. Legislative changes to the CRL in 2006 require the Agency to publish on the City's website a list of all inclusionary units created by the Agency. A complete list of inclusionary housing units covenanted to the Agency may be found on the Agency's website at http://www.citvofpalmdesert.orq/Index.aspx?paqe=504. Inclusionary Housing Projects Table 11 Total Total Number ot Wil or Pmjed Pmject Affortlable Number of VL Number of Low Area Type Pmject Name Uni�s in Units �ni[s Units Moderate 50% FY of Completion Pmject Cretlitetl Units Cretlit 2004-2009 Total Credited Total Cretlitetl Total Cretlitetl Palm Village Apartments 1 NC - SR-A Substantial Rehab 12 units antl 36 36 18 18 18 18 0 0 Full 2006 addition of 24 units 3 NC-A La Rocw Villas 2� 27 13 13 14 14 0 0 Full 2008 1 MA-A Sagecrest Senior 14 14 3 3 10 10 1 1 Full 2009 3 NGOU FalconCrest 93 93 0 0 13 �3 8� 80 Full 2008 2 RC The Vineyards 52 52 0 0 0 0 52 52 Full 2009 NIA RC T�e Endave (Sares Regis) 28 14 0 0 0 0 28 1A 50% 200� 1 MA-A Cantllewood 4 4 0 0 4 4 D 0 Full 2007 � NGOU HabitatforHumaniry 1 1 1 1 0 0 0 0 Full 2006 4 NGOU HabitatforHumanity 1 1 1 7 0 0 0 0 Full 2007 SUBTOTAL 256 242 36 3fi 59 59 161 14� 2010-2015 Total Cretlited Total Cretliletl Total Creditetl Pro'ect Pmed Total Numberof Fullor I 1 � Total Units Number of VL Number of Low Motlerete 50% Estimatetl FV of Area T e ProectName inPmect Units Units Units YP � Cretlited Units Cretli� Completion Total Cretlitetl Total Cretli�etl Total Credited 3 NG Self Help Housing Merle Street 14 14 14 14 0 0 0 0 Full 2011 N/A RC EmeraltlBrook 21 10b � 0 0 0 21 ID.5 50% 2012 3 RC Canterra Phase II 31 31 0 0 31 31 0 0 Full 2012 2 PC The Vineyartls 51 51 0 0 0 0 51 51 Full 2014 1 PC-A Sagecres� 17 17 7 7 g 9 1 1 Full 2014 NIA NC HabitalforHumaniry 2 2 2 2 p 0 0 0 Full 2014 NlA NC Cooperative 2 2 0 0 2 2 0 � Full 2014 4 NC-A Carlos Ortega Villas 72 72 30 30 30 30 12 12 Full 2013 SUBTOTAL 200 53 53 72 ]2 85 74.5 Notes: PCIPC-A: ARortlable units createtl (mm existing units �hmug� ihe pumhase of units with aHordaEility ruvenants. "A" intlicates units are mvned by Agency NC'. Units createtl by new wnsVudion RC�. Restritled covenanis imposetl as a mntlition IN tlevelapment OU'. Home mvnersM1ip assistance SR�. Units created Ihrough ihe rehabilitation of existing units wiN ihe imposition of afforCability covenants MA' Malntain attortla0ili�y of inmme-restrictetl units Source. PalmCese�ReEavelopnenfAgenry 96 � 31 REPLACEMENT HOUSING The CRL requires that whenever housing occupied by low and moderate income persons or households are destroyed as part of a redevelopment agency action; the agency is responsible for ensuring that an equivalent number of replacement units are constructed or substantially rehabilitated. These units must provide at least the same number of bedrooms destroyed, and 100°/o of the replacement units must be affordable to the same (or lower) income categories (i.e. very low, low, and moderate) as those removed. Redevelopment agencies receive full credit for replacement units created within the community whether inside or outside of a project area6. The Palm Desert Redevelopment Agency has actively pursued redevelopment and the provision of affordable housing. To that end the Agency has during the last five years removed low and moderate income units in the context of providing additional affordable housing. Specifically, 66 units, consisting of 56 very low, low, and moderate income housing units, from the Country Village apartments were removed and deconstructed. Pursuant to the CRL, the Agency is required to replace these units within four years of their removal. These 56 units include 56 bedrooms that must be replaced. The Agency had several options available to provide the required replacement, including acquisition, rehabilitation, new construction, and the allocation of "banked" dwelling units from prior development activity. The Agency in compliance with the CRL adopted a Replacement Housing Plan for the Country Village Senior Apartments Project which outlined the measures that the Agency would take to ensure that the replacement housing is completed within the four year time period. Table 12 illustrates how the Agency anticipates satisfying replacement housing needs generated by the removal of Country Village apartment units. The Agency anticipates creating 90 replacement units with a total of 117 replacement bedrooms through the eight projects detailed in Table 12. The Agency's actions as detailed in Table 12 confirm that it will meet the anticipated replacement housing obligation. Additionally, housing produced as part of replacement activities will create a surplus of one very low and 13 moderate income units (14 units total) created by the replacement units. There will also be a surplus of 61 bedrooms generated by the replacement units. Creation of the replacement units have been completed with the exception of Bernard and Emerald Brook projects, which have been approved and will begin canstruction soon. The Agency does not currently anticipate demolishing or removing any other low or moderate income housing units during the remaining Compliance Period. However, should a project arise that requires the removal of such units the Agency will follow CRL procedure by adopting a replacement housing plan that ensures replacement of the units within the time period � prescribed by the CRL. 6 Prior to January 1, 2002, 75% of all replacement units must be of the same income category or a lower income category as those persons or households displaced. 9� 32 Project Country Village Bernard Sares Regis (16 units) Sares Regis (2B units) L and T Investments Carel, Lee and Sandra (2B unit) Emerald Brook/W NRA (1 B units) Emerald Brook/W NRA (2B units) Total Replacement Units Source: Palm Desert Redevelooment Aoencv Total --' -""'- Units Income 24 4 19 17 4 1 12 9 90 Table 1 al No. Very Low Low Moderat� of Income Income Income rooms Units Units Units 56 10 20 26 24 4 19 34 4 2 12 18 117 2 2 19 17 4 1 12 9 11 20 59 � � 33 � HOUSING FUND Five Year Work Plan Budget The Agency's primary source of funding for housing projects and programs is the annual deposit of 20% of its tax increment revenue into a special housing set-aside fund (the Housing Fund). The CRL requires that these funds be used to increase, improve, and preserve the community's supply of affordable housing available, to persons and families of very low, low, and moderate incomes. Other sources of Housing Fund revenues include interest earnings, bond proceeds, land sale proceeds, grants, and loan repayments. Table 13 presents the Agency's Housing Fund, five-year projected cash flow for housing activities during the remaining Compliance Period. Housing set-aside tax increment revenue is deposited from all four Project Areas into the Housing Fund. Tax increment revenue shown in Table 13 is the 20% housing set-aside revenue generated from the total tax increment received by the Agency. Tax increment revenue projections were based off conservative growth rates, reflective of the current market conditions. Other sources of Housing Fund revenues include interest earnings, land sale proceeds, grants, and loan repayments. Available bond funds and expenditures have also been included in the cash flow analysis. The Agency has previously issued tax allocation bonds secured by its housing set-aside revenues. This action was taken to ensure that sufficient capital was available to the Agency to advance � its housing projects and programs. Expenses shown in the Housing Fund's cash flow shown on Table 13 include bond debt service payments, administrative fees, and projected projecUprogram costs. The cash flow analysis indicates that Agency will have a positive cash flow during the Compliance Period and there is sufficient revenue to support all proposed projects and programs. Due to the State's effort to take redevelopment funds to balance the State Budget, the Agency may be required to make Educational Revenue Augmentation Fund ("ERAF") payments during the planning period. In 2008-2009 the State of California approved the budget contingent upon a$350 million shift of Tax Increment monies from Redevelopment Agencies to be applied to ERAF. This amounted to a$5,250,496 payment from the Agency to fund the ERAF shift. The California Redevelopment Association filed a lawsuit on behalf of all redevelopment agencies asserting that the take from redevelopment was unconstitutional based on the Law. On April 30, 2009 a superior court judgment in favor of redevelopment agencies was rendered, affirming that the take was unconstitutional and therefore illegal. The State appealed the decision but subsequently dropped its appeal. The State of California approved the FY2009-2010 budget relying on a$2.05 billion ERAF shift from redevelopment agencies over the next two years. The additional shift to ERAF (referred to as the Supplemental Educational Revenue Augmentation Fund or "SERAF") is estimated to ` result in a payment of $25,502,408 in 2009-2010, and $5,250,496 in 2010-2011 from the � Agency. Within the budget, there is a provision by which the Agency has the option to suspend the 2009-2010 20% housing set-aside contribution in order to assist the SERAF shift in that year; however the loan will need to be repaid by June 30, 2015. The loan could 99 34 potentially delay many of the housing programs and projects anticipated over the next five year period. While the California Redevelopment Association believes this shift of tax increment from redevelopment falls under the same circumstances as the previous attempt, the Agency potentially could lose up to $30 million to SERAF shifts over the next two years. These shifts of dollars from redevelopment will severely impact the Agency's ability to complete many of the projects both committed and anticipated over the next five year period. The California Redevelopment Association has filed another lawsuit in an effort to thwart this and future takes from redevelopment. During the five-year period covered by this Plan, it is possible that the Agency will undertake some but not all of the listed projects. All costs and time frames listed for the programs and projects are estimates only and may differ from the actual costs and time frames. In the event that a program or a project is included in the list for one Project Area but is not included in the list of another Project Area (or other Project Areas), but the Agency later determines that the program or project would also benefit the latter, the Agency may use funds available from the latter Project Area (or Project Areas) to finance all or a portion of such program or project. Specific projects may also be modified or added depending on actual circumstances, including but not limited to changing needs of the Project Areas, actual costs of the projects and the availability of funding. � 35 100 EXPENDITURES BY HOUSEHOLD TYPES Effective January 2002 and as amended in 2006, expenditures of housing set-aside revenues are subject to certain requirements imposed by the CRL. At a minimum, the Agency's Housing Fund revenues are to be expended in proportion to the community's need for low and moderate income housing.' Additionally, expenditures for senior housing is limited. The community's proportionate need is based on statistics from Southern California Association of Governments or "SCAG", used by local government to meet state requirements for affordable housing by category, and the US Department of Housing and Urban DevelopmenYs ("HUD") Comprehensive Housing Affordability Strategy ("CHAS") allocation numbers. Based on the Community's proportionate housing needs, the Agency's Housing Fund dollars must be expended over the Compliance Period (as shown in Table 15) in a manner consistent with a minimum of 41°/o of the funds spent to assist very low income persons or households and at a minimum of 28°/o spent on low income persons or households. The remaining 31% may be allocated either to the combined very low, low or moderate income groups, but not to exceed this percentage spent on moderate income persons or households. The limitations or targeting requirements also address the amounts of Housing Fund dollars spent during the Compliance Period to assist all persons regardless of age in at least the same proportion as the number of low-income households with a member under the age of 65 bears to the total number of low income with in the Community. RSG has calculated the percentage of low income households and low income senior households based upon information taken from HUD's CHAS for the City of Palm Desert (see Table 14 below). Based upon the current CRL regulations, the Agency is limited to expending a maximum of 46°/o of its Housing Funds during this Compliance Period on housing limited to Senior/Elderly Households. Number of Low Income Households' Households % of Total Elderly/Senior 2,670 46% Family Other 3,182 54% ' As computed fmm ihe US departmenl of Housing antl Urban DevelopmenYs Comprehensive Housing Affordability Strategy ("CHAS") Table 15 represents the minimum and maximum Housing Fund expenditure thresholds for low and moderate income groups and the maximum Housing Fund expenditure thresholds for ' Required proportions of funds to be expended are based upon the City's Regional Housing Need as provided by Southem Califomia Association of Governments. The number of units required for very low, low and moderate income households provide the basis for the targeting calculation as required by Section 33334.4 of the Redevelopment Law. 101 36 households 65 years of age, over the term of the Compliance Period. The chart specifically details the Agency's Housing Fund expenditures during each of the five year periods that comprise the Compliance Period. This Compliance Plan represents the Agency's overall plan to meet its housing obligations for the next five year period. The Projects and Programs detail constitute the Agency's approach and plan to meeting the requirements of the CRL. The Agency anticipates meeting its Housing Fund targeting requirements by the end of the Compliance Period by implementing the projects and programs listed in Table 3. Housing Fund expenditures detailed in Table 13 have been allocated to projects and programs in accordance with targeting requirements. 1 1 37 10z e 103 PRIOR FIVE-YEAR HOUSING FUND EXPENDITURES Units Assisted by Housing Set Aside Fund CRL requires that the Compliance Plan provide a recap of the number of the projects assisted by the Housing Fund to create extremely low, very low, and low units over the past implementation plan period (2004-OS through 2008-09). CRL also requires a recap of the number, location, level of affordability and the amount of Housing Funds expended on multi- family units. Table 16 summarizes these statistics: Housing Fund Expenditures: 2004-05 through 2008-09 Table 16 Total Very b Spent on $ Spent on b Spent on Affordable low Inc. Very Low Inc Law Ina Low Inu Motl Inc. Motlerote Unifs Total Praject Units Units UnHs Units Units IncomaUnits Assisted Ex endilures PalmVillage �8 $4,171455 18 54.171A55 0 50 36 58.342.909 La Rocca Villas Senior 13 1,773.774 14 1 910.218 0 - 27 3.683.992 SagecrestSenior 3 462,994 10 L543.314 1 154,331 14 2,i60.fi39 FalconCresf 0 - 13 1639.661 80 14�90,224 93 11,�29.885 HabitattorHumanity 2 254,Ofi7 0 - 0 - 2 254.067 Catlos Ortega Villas/Country Village' 30 2,141,993 30 2,141.993 12 856,797 72 5,140,783 SagecresP ] 786.420 9 1,011.1t2 1 112,346 17 1.909,878 Califomia Villas' 9� 6,959,745 2fi 1,Bfi5.499 18 1,291 499 t41 10.116,743 LagunaPalms' 27 3,705,327 5 686.172 i6 2,195,749 48 6.587,248 Candlewootl Senior' 23 2.494,549 4 433,835 3 325.376 30 3 253 759 One �uail Place 185 262,383 16fi 235,435 33 46,803 384 544,621 DesertPointe 40 97,898 17 41,606 7 1].132 64 15fi.636 Comoliance Proarams Acquisiron, Rehabiliation, antl Resale 2 100,364 2] 1269,599 4 271.273 33 1,641236 HomelmprovementProgram 41 235,845 14 63,987 2 11,788 57 311.020 Desert Rose 2 9,222 28 104,496 3 19,755 33 133.473 First Time Homebuyer Pmgram 0 - 3 88,821 1 72 241 a 161,062 Rental Assistance 2 22.314 0 - 0 - 2 22.314 7ofal � 492 $23.4�8.349 3B4 S1120Z201 t81 $15A64.]t5 �D5] $56t50265 ExpentliNres for programs In progres5�. ��.9� 1.08� Total Ex entliWres §58.061.345 Low pBnt on Motl pen on q{{ortlable Age Assistetl VL Units E S ent on VL UnILa Low Units Units Motl Units llnits Total Exp. Unitsfor5eniars 66 84.�31.31� 29 53.88]366 4 54797�� ]1 59A98.390 Units for Families with Children 42fi $1874],032 356 513.319,835 177 $14.985.008 959 847.051.875 TOtal 492 $23,478349 389 $17,207,201 181 $ifl464.715 1A5� $56,150,265 � TM1e Falwn Crest inclutles development wsis, homebuyer subsidy cosis, antl loan receivables. ' ExpentliWres inclutle acquistion msts for Country Village antl ihe unit allocation is basetl on Ihe proposed Wrlos Otlega Villas developmen�. ' ExpentliWres include arquistion and �he unit allocaGon is basetl on tM1e proposetl Sagecrest tlevelopment. ° Pmgrams in progess Include Taos Palm Renova[ion antl HIII Property Noles. 'These pmperties have Eeen acquiretl, antl are Eeing renovated. The Inclusionary anits were wun�etl when the properties vrere acquired. Ex ndiNres tletailetl in [his table InGude net values inclusive of loan recievables. ^ � � 39 104 Affordable Housing Units Constructed During Prior Implementation Plan without Agency Assistance � � �1 Since fiscal year 2004-05, no affordable units featuring long term covenant restricted units (affordable units with covenants of at least 45 years for ownership housing or 55 years for rental housing) have been created without the use of Housing Funds. [[�7 ios ADMINISTRATION OF THE IMPLEMENTATION PLAN As detailed in the introduction of this Plan, the Agency is required to produce an Implementation Plan every five years. After adoption of the first implementation plan, a new plan is to be adopted every five years either in conjunction with the housing element cycle or the implementation plan cycle. Implementation Plan Adoption Process Each Implementation Plan must be presented and adopted at a duly noticed public hearing of the Agency. Notice of the public hearing must be conducted pursuant to this Section 33490 of the Law. The Notice must be published pursuant to Section 6063 of the Government Code, mailed at least three weeks in advance to all persons and agencies that have requested notice, and posted in at least four permanent places within the Project Area for a period of three weeks. Publication, mailing, and posting shall be completed not less than 10 days prior to the date set for hearing. The Agency may amend the implementation plan at any time after conducting a public hearing on the proposed amendment. Mid-Term Implementation Plan Review Process At least once within the five-year term of this Implementation Plan, the Agency must conduct a public hearing and hear testimony of all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation for each redevelopment project. This hearing must take place no earlier than two years and no later than three years after the adoption of the Implementation Plan and Affordable Housing Compliance Plan. 106 41 EXHIBIT A Affordable Housing Glossary of Terms Inclusionary Housinq Production There are many ways in which the Agency may create inclusionary units that satisfy the requirements outlined in Law Section 33413 including new construction of for-sale and rental housing, substantial rehabilitation, and the purchase of covenants on multifamily rental housing. New Construction & Substantial Rehabilitation: For-sale (affordable) inclusionary units or inclusionary multifamily rental housing may be created by assisting new construction or providing financing for purchasers of new housing, and by substantially rehabilitating such units per the Law definition. To be counted toward the Agency inclusionary unit need, for sale units must be covered by a 45-year affordability covenant and rental units by a 55-year affordability covenant. Purchase of Covenants: The Agency may use the Housing Fund to subsidize multifamily units that are not substantially rehabilitated or newly constructed, by the purchase of an affordability covenant. The affordability covenants on multifamily units would restrict such units for a period of 55 years. Such units must be occupied by and affordable to very low and low income households. The Agency may only meet up to 50°/o of their required inclusionary unit need in this manner. Furthermore, 50% of the covenants purchased must be affordable to very low and low income households. Inclusionary units secured by the Agency through the purchase of covenants, substantial rehabilitation, and new construction that are located within the Project Area boundaries can be counted on a one-for-one basis. If the units are located outside of the Project Area they only receive one-half (Yz) credit (counted on a two-for-one basis). Mutual self-help housing units receive a 1/3 credit towards satisfying inclusionary unit production requirements. Mutual Self-help Housinp: Mutual self-help housing refers to very low or low income, owner- occupied housing units where residents have contributed at least 500 hours of work on the unit to ensure safe and sanitary housing. Mutual self-help housing units must be deed restricted for at least 15 years. Each housing production unit must have a covenant recorded with the county pursuant to Law Section 33334.3 in order to be counted. Duration of Affordabilitv Covenants � Prior to January 1, 2002: for no less than the period of land use controls established in the � redevelopment plan. io� � After January 1, 2002: for the longest feasible time, but not less than 55 years for rental housing and 45 years for owner occupied housing. Under Section 33413, rental housing units may be replaced prior to the expiration of the 55- year period with equally affordable and comparable rental units in another location within the City if (i) the replacement units are available for occupancy prior to the displacement of any persons residing in the subject units and (ii) the comparable replacement units are not developed using moneys in the Housing Fund. Under Section 33413, owner-occupied units may be sold prior to the expiration of the 45-year period for a price in excess of what would otherwise be allowed if the units are subject to an equity sharing agreement or some other program that protects the Agency's investment of Hausing Fund moneys. The Agency must deposit the excess proceeds in the Housing Fund and within three years from the date of the sale of the units, spend funds to make affordable an equal number of units at the same income' level as the units sold. Only the units originally assisted by the Agency can be counted towards the Agency's obligations under Section 33413. Affordabilitv Income and Cost Levels Section 50052.5 of Health and Safety Code defines affordable housing cost (adjusted for family size appropriate for unit) as: • Extremely Low — Not more than 30% of 30% of the County median household income. • Very Low - Not more than 30% of 50°/o of the County median household income. The Agency's Housing Stipulation requires that rental units be calculated as not more than 25% of 50% of the County median household income. • Low - Not more than 30% of 70% (or 30% of 60% for rental projects) of the County median household income. • Moderate - Not more than 35% of 110% (or 30% of 110% for rental projects) of the County median household income. The following tables detail affordable housing costs for rental and ownership units in Palm Desert based on the 2009 Riverside County Area Median Income. tos �l �unty Median Income ( 4 Person Household ) of County Median Income nual Gross Income of Income to Housing inual Housing Cost Housing Cost Less: Utilities for Monthly Rent Rent for a 3 Bedroom UnitZ Unfunded Very Low Income' $64,500 50% $32,250 25% $8,063 Low Income $64,500 60% $38,700 30% $11,610 Moderate Income i i o°ia $70,950 30% $21,285 $672 $968 $1,774 $( 1p8) $108 ($108) $564 $860 $1,666 $1,316 $1,316 $1,316 nla ' The Housing Stipulation requires the very low income rental units be calculated as 25% of 50 % Area Median Income. ` Palm Desert apartment rent survey. Source: State Income Limits for 2009 published by the Californing Department of Housing and Community Development and G m 109 nm� �unty Median Income ( 4 Person Household ) of County Median Income nual Gross Income of Income to Housing inual Housing Cost Monthly Housing Cost Less: Property Taxes Insurance HOA fees Utilities Available for Mortgage Qualifed Mortgage (30 year amortizing loan) Down Payment ToGI Affordable Home Price 1.15% 0.30% 6.50% 5A0% i Cost of Condominiums in City of Palm Desert' ded Gap (between affordable price and median cosq Family Residences i Cost of SFR ln City of Palm Desert' State Income Limifs for 2009 Very Low Income $64,500 50 % $32,250 30% $9,675 $806 ($56) ($53) ($200) ($214) $284 $44,913 $2,364 847,277 Low Income $64, 500 70 % $45,150 30 % $13,545 $1.129 ($101) ($53) ($200) ($214) $561 $88,757 $4,671 $93,428 $233,000 $233,000 ($185,723) ($139,572) $290,000 $290,000 Moderate Income $64,500 110% $70,950 35% $24,833 $2,069 ($234) ($53) ($200) ($214) $1,369 $216,620 $11,401 $228,027 $233,000 (84,979) � 45 L1� !. 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The Clty ol Palm pesetl's medlan mcome m 2000 antl 2008 Is 548,140 aod $80,345, raspec�ively_ Due �o ine use of mcome breckets. percenlages are appmximatlons Sowce ESRI Business Analysl Onhne � l � P6402/0001 / 1182170v1 112