Loading...
HomeMy WebLinkAbout1980 061 CC RESO1980 061 CC RESO(ÌìîhRESOLUTION NO. 80-61 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK FINDING THAT A SUBSTANTIAL EFFORT TO MEET LOW AND MODERATE INCOME HOUSING NEEDS IN THE CITY OF BALDWIN PARK IS BEING MADE AND THAT THIS EFFORT, INCLUDING THE OBLIGATION OF FEDERAL FUNDS FOR LOW AND MODERATE INCOME HOUSING IS EQUIVALENT IN IMPACT TO THE FUNDS OTHERWISE REQUIRED TO BE SET ASIDE PURSUANT TO SECTION 33334.2 OF THE CALIFORNIA HEALTH AND SAFETY CODE AND THAT CONSIDERATION HAS BEEN GIVEN TO INCREASED HOUSING REQUIREMENTS RESULTING FROM IMPLEMENTATION OF THE WEST RAMONA BOULEVARD REDEVELOPMENT PROJECT WHEREAS, the Redevelopment Plan for the West Ramona Boulevard Redevelopment Project has been duly adopted; and WHEREAS, Section 33334.2 of the California Health and Safety Code requires that not less than 20% of all taxes which are allocated to the Agency as tax increments" shall be used by the Agency for purposes of increasing and improving the community's supply of low and moderate income housing unless certain findings are made; and WHEREAS, the City Council has received the Report attached as Exhibit A" and incorporated herein, which describes programs in tfte City of Baldwin Park which increase the supply of low and moderate income housing in the community; and WHEREAS, said report substantiates that the total impact of existing housing assistance programs in the City of Baldwin Park is significantly greater than the tax increment funds which would otherwise be required to be used for the benefit of low and moderate income housing. NOW, THEREFORE, the City Council of the City of Baldwin Park does hereby resolve, determine and order as follows: SECTION 1. The City Council hereby finds and determines that a substantial effort to meet low and moderate income housing needs in the community is being made and that this effort, including the obligation of funds currently available for the benefit of the community from Federal sources for low and moderate income housing is equivalent or greater in impact to the funds otherwise required to be set aside pursuant to Section 33334.2 of the California Health and Safety Code. SECTION 2. The City Council further finds that it has considered potential increases in low and moderate income housing needs due to increased employment opportunities and other factors which may directly or indirectly result from the implementation of the West Ramona Boulevard Redevelopment Plan. SECTION 3. The City Clerk shall certify to the adoption of this resolution. APPROVED AND ADOPTED this 3-^tt? day of August, 1980. MAYOR ATTEST: U^ iilNDA L. GAIR, CITY CLERK BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04 1980 061 CC RESO(ÌìîhResolution No. 80-61 Page Two STATE OF CALIFORNIA COUNTY OF LOS ANGELES) SS: CITY OF BALDWIN PARK I, LINDA L. GAIR, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution was duly and regularly a pproved and adopted by the City Council of the City of Baldwin Park at its regular meeting of the City Council on the 20th day of August, 1980, by the following vote: AYES: COUNCILMEN HOIMN KING, AGLJILAR, McNEILL, AND MAYOR WHITE NOES: COUNCILMEN NONE ABSENT: COUNCILMEN NONE %^t. GAIR, CITY CLERK BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04 1980 061 CC RESO(ÌìîhBALDWIN PARK REDEVELOPMENT AGENCY 20% HOUSING REQUIREMENT REPORT FOR THE WEST RAMONA BOULEVARD REDEVELOPMENT PROJECT BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04 1980 061 CC RESO(Ììîh20% HOUSING REQUIREMENT REPORT FOR THE WEST RAMONA BOULEVARD REDEVELOPMENT PROJECT INTRODUCTION Pursuant to Section 33334.2 of the California Health and Safety Code, Not less than 20% of all taxes which are allocated to the Agency pursuant to Section 33670 shall be used by the Agency for purposes of increasing and improving the community supply of housing for persons and families of low and moderate income as defined in Section 50093, and very low income housing as defined in Section 50105 unless one of the following findings are made: a. That no need exists in the community, the provision of which would benefit the Project Area to improve, or increase the supply of housing for persons and families of low and moderate income or very low income households. b. That some stated percentage less than 20% of taxes which are allocated to the Agency pursuant to Section 33670 is sufficient to meet such housing needs; or c. A substantial effort to meet low and moderate income housing needs in the community is being made and that effort including the obligation of funds currently available for the benefit of the community from state, local and federal sources for low and moderate income housing alone or in combination with other taxes allocated in this section is equivalent in impact to the funds otherwise required to be set aside pursuant to this section. Legislative bodies shall consider the need that can be reasonably foreseen of low and moderate income or very low and moderate income households from within or adjacent to the Project Areas because of increased employment opportunities, or because of any other direct or indirect result of implementation of the Redevelopment Plan. SUBSTANTIAL REPORT The City of Baldwin Park, through its Housing Authority, its Local Development Corporation and through its use of Community Development Block Grant Funds is making a substantial effort to meet its low and moderate income housing needs. A number of housing programs are now being utilized in Baldwin Park, including the Section 8 Housing Assistance Payments Program for both new construction and existing units; the use of Community Development Block Grant CDBG) funded residential rehabilitation loans for low and moderate income households; and the use of CDBG funds to acquire and rehabilitate residential properties which are then, through a Local Development Corporation, leased to the Baldwin Park Housing Authority for use by Section 8 tenants. The following table summarizes the assistance being provided and the amounts being expended for such assistance less administrative costs): BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04 1980 061 CC RESO(ÌìîhTABLE 1 Assistance Program Section 8 Housing Assistance Payments Program Existing 2. Section 8 Housing Assistance Payments Program New Construction 3. HCDA-Funded Residential Rehabilitation Program 4. HCDA-Funded Acquisition/ Lease Program Total Number of Low/ Moderate Income Housing Units 233 77 164 to date) Program Cost $614,448/yr $290,136/yr $629,684 $175,000 477 $1,709,268 In addition to the housing assistance provided for low and moderate income families to date, the City of Baldwin Park is continuing its housing assistance efforts through the use of its Article 34 Referendum authority and the use of the Section 8 Housing Assistance Payments Program and Community Development Block Grant Funds. Table 2 summarizes the type, number of units, amount of funds and status of additional housing assistance expected to be provided within the next 24 months. TABLE 2 Assistance Program Estimated Low/ Moderate Income Housing Units 1. Section 8 Housing Assistance Payments Program Existing 2. Section 8 Housing Assistance Payments Program New Construction HCDA-Funded Residential Rehabilitation Program HCDA-Funded Acquisition/ Lease Program 44 109 Estimated Program Cost $110,000/yr 410,000/yr 50 200,000/yr 200,000 Program Status Application pending with HUD Sites already acquired, some units now under con- struction Pending HUD Approval of CDBG Application Pending HUD Approval of CDBG Application Estimated Totals 207 $1,440,000 20% OF TAX INCREMENT The tax increment funds to be generated by the completion of the West Ramona Boulevard Redevelopment Project can only be estimated at this time; however, it is anticipated that the market value within the Project Area will increase by $15,800,000. Using the post-Proposition 13 tax formula of 1% of market value, the total property taxes for the Project Area would be $158,000- In accordance with Section 33334.2(a) of the Health and Safety Code, 20% of this amount or $31,600 would be the approximate amount to be made available to support low and moderate income housing efforts if substantial efforts were not otherwise being made. 2- BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04 1980 061 CC RESO(ÌìîhNEEDS RESULTING FROM THE IMPLEMENTATION OF THE REDEVELOPMENT PLAN The implementation of the West Ramona Boulevard Redevelopment Plan will not require the displacement of any residences or businesses and therefore will not increase low and moderate income housing needs in the community. In addition, the generally residential nature of the Project will not create permanent long-term jobs or increase pressures on the existing low and moderate income housing market. Overall impacts of the Redevelopment Project are expected to be beneficial n that a blighted and unproductive area is literally being put on the tax rolls". Beyond this benefit is that housing units constructed in the Project Area will be offered for sale at prices approximately 20% below the present median price for housing in Los Angeles County. FINDINGS The City of Baldwin Park has instituted a number of programs designed to increase the supply of low and moderate income housing units in the community. These programs, to date, have generated a total of 477 standard units for the low and moderate income housing market at a total cost exceeding $1,709,268. The total value of these projects exceeds the benefit requirement in Section 33334.2 of the California Health and Safety Code by 5300%. Continuation of existing housing assistance programs in the City is expected to generate a minimum of 207 additional units at a cost of approximately $1,440,000 over the next 24 months. The total impact of existing low and moderate income housing assistance efforts is sufficient to relieve the Redevelopment Agency of an obligation to provide tax increment proceeds to provide low and moderate income housing assistance. 3- BIB] 37679-U01 1980-U02 061-U02 CC-U02 RESO-U02 LI3-U03 FO10488-U03 FO10490-U03 DO10592-U03 C6-U03 RESO-U03 2/26/2003-U04 ROBIN-U04