HomeMy WebLinkAbout- - Description Agency Activities Attachm. 3 - 12/6/2011Attachment 3
Costa Mesa Redevelopment Agency
Description of Agency's Activities for Fiscal Year 2010-2011
As required in Section 33080.4 for purposes of compliance with subdivision (c) of
Section 33080.1.
(1) The total number of nonelderly and elderly households, including separate
subtotals of the numbers of very low income households, other lower
income households and persons and families of moderate income, that were
displaced or moved from their dwelling units as part of a redevelopment
project of the agency during the previous fiscal year.
Agency Response:
Very Low Low Moderate
Elderly 0 0 0
Non -
Elderly 0 0 0
Totals 0 0 0 0
(2) The total number of nonelderly and elderly households, including separate
subtotals of the numbers of very low income households, other lower
income households and persons and families of moderate income, that the
agency estimates will be displaced or will move from their dwellings as part
of a redevelopment project of the agency during the present fiscal year and
the date of adoption of a replacement housing plan for each project area
subject to 33413.5.
Agency Response:
Very Low Low Moderate
Elderly 01 0 0
Non -
Elderly 0 0 0
Totals 01 0 0 0
(3) The total number of dwelling units housing very low income households,
other lower income households, and persons and families of moderate
income, respectively, which have been destroyed or removed from the low -
or moderate -income housing market during the previous fiscal year as part of
a redevelopment project of the agency, specifying the number of those units
which are not subject to Section 33413.
Agency Response:
Very Low Low Moderate
Elderly 01 01 0
Non -
Elderly 0 0 0
Totals 01 0 0 0
Page 1 of 5
Attachment 3
Costa Mesa Redevelopment Agency
Description of Agency's Activities for Fiscal Year 2010-2011
(Continued)
(4) The total number of agency -assisted dwelling units which were constructed,
rehabilitated, acquired, or subsidized during the previous fiscal year for
occupancy at an affordable housing cost by elderly persons and families, but
only if the units are restricted by agreement or ordinance for occupancy by
the elderly, and by very low income households, other lower income
households and persons and families of moderate income, respectively,
specifying those units which are not currently so occupied, those units
which have replaced units destroyed or removed pursuant to subdivision (a)
of Section 33413, and the length of time any agency -assisted units are
required to remain available at affordable costs.
Agency Response:
(5) The total number of new and rehabilitated units subject to paragraph (2) of
subdivision (b) of Section 33413, including separate subtotals of the
number originally affordable to and currently occupied by, elderly person and
families, but only if the units are restricted by agreement or ordinance for
occupancy by the elderly, and by the very low income households, other
lower income households, and persons and families of moderate income,
respectively, and the length of time these units are required to remain
available at affordable costs.
Agency Response:
Elderly
Non -
Elderly
Sub -
Total
Very Low Low Moderate
0
Very Low
Low
Moderate
0
Elderly
0
0
0
0
Non -
Elderly
0
0
0
Sub -
Total
0
0
0
0
(5) The total number of new and rehabilitated units subject to paragraph (2) of
subdivision (b) of Section 33413, including separate subtotals of the
number originally affordable to and currently occupied by, elderly person and
families, but only if the units are restricted by agreement or ordinance for
occupancy by the elderly, and by the very low income households, other
lower income households, and persons and families of moderate income,
respectively, and the length of time these units are required to remain
available at affordable costs.
Agency Response:
Elderly
Non -
Elderly
Sub -
Total
Very Low Low Moderate
0
0
0
0
0
0
0
0
0
0
No units subject to paragraph (2) of subdivision (b) of Section 33413.
Page 2 of 5
Attachment 3
Costa Mesa Redevelopment Agency
Description of Agency's Activities for Fiscal Year 2010-2011
(Continued)
(6) The status and use of the Low and Moderate Income Housing Fund created
pursuant to Section 33334.3, including information on the use of this fund
for very low income households, other lower income households and person
and families of moderate income, respectively. If the Low and Moderate
Income Housing Fund is used to subsidize the cost of onsite and offsite
improvements, the description of the agency's activities shall include the
number of housing units affordable to persons and families of low and
moderate income which have been directly benefited by the onsite or offsite
improvements.
Agency Response: For FY10-11, the Low and Moderate Income Housing
Fund continued to be used for the planning and negotiation of a new
construction project in the Redevelopment Project Area. This new
construction project was originally anticipated to be completed in 2009 but
has been delayed due to current market conditions and transfer of ownership
to the bank as a result of foreclosure. The project was anticipated to provide
seven (7) low to moderate income restricted units within the project area and
five (5) very low income restricted units outside the project area. At this
time, the project is being re -negotiated with the new owner.
The fund was also used to rehabilitate sixteen (16) non -substantial moderate
income owner -occupied units via the Agency's Single Family Rehabilitation
Loan and Grant Program. Due to the units being non -substantial
rehabilitation they were not restricted by agreement.
Also, in process during the FY10-11 was continued implementation of the
Neighborhood Stabilization Program (NSP) I, an American Recovery and
Reinvestment Act (ARRA) grant. This grant is being combined with Low -
Mod funds to develop an acquisition/rehabilitation/disposition program for
foreclosed vacant properties within the City. During the reporting period, 2
properties in the City were purchase and rehabilitated using the NSP funds.
The Low -Mod funds appropriated to this project will be used for gap
financing when the units are sold on the open market to low and moderate
income homebuyers. It is anticipated the units will be sold in FY11-12 and
they will be deed restricted for 55 years.
Also during the reporting year, funds continued to be appropriated to a
new senior housing construction project ("Harpers -Pointe") which was in
the process of applying for a tax -credit allocation. The project was
unsuccessful in obtaining a tax credit allocation after two rounds and
returned to the Agency to request additional funding in FY11-12. This
request was denied.
Page 3 of 6
Attachment 3
Costa Mesa Redevelopment Agency
Description of Agency's Activities for Fiscal Year 2010-2011
(Continued)
(7) A compilation of the annual reports obtained by the agency under Section
33418 including identification of the number of units occupied by persons
and families of moderate income, other lower income households, and very
low income households, respectively, and identification of projects in
violation of this part or any agreement in relation to affordable units.
Agency Response:
First Time Home Buyer Program
Very Low Low Moderate Total
0 2 29 131
No changes in ownership reported. All participants certified continued
occupancy.
Rental Rehabilitation Program
Very Low Low Moderate Total
5 1 5 1 0 10
Other Home Ownership Projects
Very Low Low Moderate Total
5 1 0 16 21
Other Multi -Family Rental Projects
Very Low Low Moderate Total
112 28 0 140
None of the above or any other agency project is in violation of monitoring
requirements.
(8) The total amount of funds expended for planning and general administrative
costs as defined in subdivision (d) and (e) of Section 33334.3
During the FY10-11, the agency spent $74,678.69 on Low/Moderate
Income Housing planning and general administrative costs.
Page 4 of 5
Attachment 3
Costa Mesa Redevelopment Agency
Description of Agency's Activities for Fiscal Year 2010-2011
(Continued)
(9) Any other information which the agency believes useful to explain its
housing programs, including, but not limited to, housing for persons and
families of other than low and moderate income.
Agency Response: The Agency works in conjunction with the City's
Housing & Community Development (HCD) Division which provides several
additional housing services to the City's residents including, but not limited
to, single family rehabilitation, lead-based paint reduction, targeted code
enforcement, community clean-up events, fair housing consulting, public
service grants and affordable housing development using non -Agency funds.
During FY10-11, these Programs assisted 39 very low and low income
households with the rehabilitation of their owner -occupied units, 277 units
with targeted housing code enforcement, 410 households with fair housing
issues, and assisted approximately 2,100 individuals in the City with public
services including homeless and at -risk homeless services.
(10) The total number of dwelling units for very low income households, other
lower income households, and persons and families of moderate income to
be constructed under the terms of an executed agreement or contract and
the name and execution date of the agreement or contract. These units may
only be reported for a period of two years from the execution date of the
agreement or contract.
Agency Response:
No new agreements or contracts were entered into in FY10-11.
(11) The date and amount of all deposits and withdrawls of moneys deposited to
and withdrawn from the Low and Moderate Income Housing Fund.
See Appendix 1 for all deposits.
See appendix 2 for all withdrawals.
Page 5 of 5
Attachment 3 - Appendix 1
Costa Mesa Redevelopment Agency
List of all deposits to Low and Moderate Income Housing Fund
For fiscal year 2010-2011
Sum Monetary
Date Fund Acct Line Descr Amount
2010-07-16 Total -227.32
0-10-12 Total
2011-01-06 Total
2011-04-14 Total -258.94
2011-04-27 Total 95R_477 31
2011-06-23 Total -4.746.19
127.38
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Attachment 3 - Appendix 2
Costa Mesa Redevelopment Agency
List of all withdrawals from Low and Moderate Income Housing Fund
For fiscal year 2010-2011
Date Fund Acct Line Descr
2010-07-15 Total
Total
Sum Monetary
Amount
2,137.80
2010-10-31 Total 30,605.43
2011-02-17 Total 3,980.43
2011-02-24 Total 41.864.40
2011-03-01 Total
2011.03-28 Total
1-05-31
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