HomeMy WebLinkAboutREPORT - Health-Safety Code Sec 33433-c PALM DESERT HOUSING AUTHORITY
STAFF REPORT
REQUEST: RECEIVE AND FILE REPORT PURSUANT TO SECTION
33433(c) OF THE HEALTH AND SAFETY CODE
SUBMITTED BY: Janet Moore, Director of Housing
Jessica Gonzales, Management Analyst - Housing
DATE: July 11, 2013
Recommendation
By Minute Motion, that the Authority Board receive and file this
report pursuant to Section 33433 (c) of the Health and Safety Code.
Background
Pursuant to its Resolution No. 03-34, adopted on April 10, 2003, the City Council
authorized the former Palm Desert Redevelopment Agency (Agency) to sell small
housing projects pursuant to Section 33433(c). On March 14, 2013, by its Resolution
No. 2013-11, the City Council confirmed that the authorization of the former Agency to
sell small housing projects pursuant to Health and Safety Code Section 33433(c)
transferred to the Palm Desert Housing Authority (Authority) as the successor to the
former Agency's housing functions and assets.
When a property has sold or leased as a "small housing project", the Authority is
required to file a report with the legislative body after the end of the fiscal year which
discloses; (i) the name of the owner/purchaser of the property, (ii) the legal description
or street address of the property, (iii) the date of the conveyance of the property, (iv) the
restrictions posed by the agreement on the owner/purchaser of the property, and, (v)
the date on which the public hearing was held on the conveyance of the property,
pursuant to Section 33431(c) and 33431.
The following properties were sold during the fiscal year 2012/2013 and meet the
definition of a "small housing project" because the properties were sold to persons or
households of low or moderate income. The Authority conveyed the properties
pursuant to Health and Safety Code Section 33433(c).
The properties were restricted by a Restrictive Agreement (also known as Unit
Regulatory and Lien Agreement ("URLA") or Affordable Housing Restriction and Lien
Agreement ("AHRLA")) which were recorded at the time of sale which limits, among
other things, affordability, encumbrances, transfers and resales for a period of up to 45
years.
G:\HOUSING\Patty Leon\JMM\staff report\HOUSING AUTHORITY\2013 Report Pursuant to HS 33433-Staff Report 7-11-13.doc
Staff Report
Report Pursuant to Section 33433(c) of the Health and Safety Code
July 11, 2013
Page 2 of 2
Desert Rose Development:
43-480 Blueberry Lane (APN 634-061-038)
Public Hearing: April 11, 2013
Owner/Purchaser: Jose Luis Silva and Lucia G. Silva
Date of Purchase: May 9, 2013
Sales Price: $131,960.00
URLA: Recorded on May 9, 2013 as Instrument #2013-0221218;
Covenant Expiration: May 9, 2058
Falcon Crest Development:
74537 King Fisher Circle (APN 624-441-007)
Public Hearing: February 14, 2013
Owner/Purchaser: Terence J. Gillespie
Date of Purchase: May 15, 2013
Sales Price: $225,000.00
AHRLA: Recorded on May 15, 2013 as Instrument #2013-0231101;
Covenant Expiration: May 15, 2056
The Authority currently owns 15 properties (12 in Falcon Crest and 3 in Desert
Rose). The Authority is also in negotiations on 5 additional properties in the two
developments.
Staff recommends that the Authority Board receive and file this report pursuant to
Health and Safety Code Section 33433(c).
Fiscal Analysis
There is no fiscal impact to the Authority to receive and file this report.
Submitted by: Departme Head:
ica Gonz le , Management Analyst --6'1J.: - Moore, Direcof Housing
'Ceiked C
Ap al:
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VERIFIED BY: A? 2` .c
n M. Wohimuth, Executive Director
Original on file with City Clerk's Office
G: OUSING\Patty Leon'JMM\staff report\HOUSING AUTHORITY\2013 Report Pursuant to HS 33433-Staff Report 7-11-13.doc