HomeMy WebLinkAbout1983 007 CC RESO1983 007 CC RESO (Ìì ê ª RESOLUTION NO. 83-7
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
CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT
WHEREAS, the Redevelopment Plan for the Central
Business District 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 the 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 Central Business District Redevelopment
Plan.
SECTION 3. The City Clerk shall certify to the
adoption of this resolution.
APPROVED and ADOPTED thru^^d day of February, 1983.
ATTEST:
//t^______
G^tR, CITY CLERK
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1983 007 CC RESO (Ìì ê ª Resolution No. 83-7
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 approved and adopted by the City Council of the
City of Baldwin Park at its regular meeting of the City Council
on the 2nd day of February, 1983, by the following vote:
AYES:
NOES:
ABSENT:
COUNCILMEN KING, IZELL, McNEILL AND MAYOR WHITE
NONE
COUNCILMEN_
COUNCILMEN
AGUILAR
r^/^^/^^
LINDA L. G^IR, CITY CLERK
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Page Three
EXHIBIT A"
BALDWIN PARK REDEVELOPMENT AGENCY
20% HOUSING REQUIREMENT REPORT
FOR THE
CENTRAL BUSINESS DISTRICT REDEVELOPMENT PROJECT
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20% HOUSING REQUIREMENT REPORT FOR THE
CENTRAL BUSINESS DISTRICT 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
provisions 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, and
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 and the use of Community Development Block Grant'
CDBG) funded residential rehabilitation loans for low and
moderate income households.
The follwoing table summarizes the assistance being provided and
the amounts being expended for such assistance less
administrative costs):
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Page Five
TABLE 1
Assistance Program
1. Section 8 Housing
Assistance Payments
Program Existing
2. Section 8 Housing
Assistance Payments
Program New Construction
3. Section 8 Housing
Assistance Payments
Program Mod Rehab
4. HCDA Funded Residential
Rehabilitation Program
Total
Number of Low/
Moderate Income
Housing Units
Program
Cost
266 $ 721,764
77 274,428
49,834
255 to date) 1,030,706
25
623 $2,076,732
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
Estimated Low/
Moderate Income
Housing Units
Estimated
Program
Cost
Program
Status
Assistance Program
1. Section 8 Housing
Assistance Payments
Program Existing
75
12
$215,000/yr
660,557
Awaiting NOFA
Site acquired,
developmental
stages
Revolving loan
program
income
2. Public Housing
3. HCDA Funded
Residential Rehab
Program
Estimated totals
10,500/yr
87 $1,111,557
20% OF TAX INCREMENT
The tax increment funds to be generated by the completion of the
Central Business District Redevelopment Project can only be
estimated at this time; however, it is anticipated that the
assessed valuations within the Project Area will increase by
$18,070,639. Using the post-Proposition 13 tax formula of 1%
of market value, the total property taxes for the Project Area
would be $180,706. In accordance with Section 33334.2 of the
Health and Safety Code, 20% of this amount or $36,141 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-
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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 623 standard units for the low and
moderate income housing market at a total cost exceeding
$2,076,732. The total value of these projects exceeds the
benefit requirement in Section 33334.2 of the California Health
and Safety Code by 5800%. Continuation of existing housing
assistance programs in the City is expected to generate a
minimum of 87 additional units at a cost of approximately
$1,111,557 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
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