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COMMENTARY ON PLAN FOR PROPOSED USE OF COMMUNITY DEVELOPMENT FU.N. DS <br /> <br />REVENUES: Both revenue and expenditure amounts are expressed in thousands, <br />~nd revenue estimates are rounded to the nearest $10,000. Note the rapid <br />rise in anticipated revenues in the second and third years, and the level- <br />ing for the remaining years· The H.C.D. Act of 1974 provided for a six <br />year program, required that a plan be submitted for use of those funds for <br />the first three years, and requires updated and re-filing of three-year <br />plans annua-~I~-thereafter. However, funds are appropriated by Congress on <br />a yearly basis only, and any changes in the annual three-year plans must be <br />justified and are subject to HUD approval. <br /> <br />EXPENDITURES: <br /> <br />Se <br /> <br />Development of Neighborhood Plans. Specific neighborhood plans are <br />needed to develop project priorities and cost estimates for target <br />areas to prevent the spread of residential blight and unsafe structures, <br />to help stabilize property values, and to improve the living environ- <br />ment in Santa Ana. It is contemplated that most of these funds will be <br />needed in the beginning of the six-year program to hire trained pro- <br />fessionals to survey community needs, evaluate priorities and submit <br />tentative improvement plans to local resident advisory groups for their <br />input and recommendations. Environmental impact statements will be re- <br />quired for approved projects. It may also prove desirable to create <br />a citywide advisory group, which perhaps could be composed partially <br />of representatives from the Planning Commission, Redevelopment Com- <br />mission, and Human Relations Commission, to help coordinate total finan- <br />cial resources and project timing. Also, some of these funds could be <br />used for advance engineering design and acquisition costs for projects <br />programmed in subsequent years. <br /> <br />Redevelopment Pro~ect. This is the most important current project <br />priority du'e to the recent funding problems which face the Redevelop- <br />ment Agency, and perhaps the most difficult to illustrate in this <br />programmatic presentation for expanding C.D. funds. Therefore, a <br />separate attachment and commentary have been prepared (Exhibits 1 and <br />2). The annual amount of $250,000 shown in this program category repre- <br />sents part of a proposed ten-year commitment of funds which can be <br />used initially to support a $5,000,000 redevelopment revenue bond issue <br />for capital purposes, and subsequent C.D. appropriations can be used <br />for any HUD-approved C.D. project within the redevelopment project area. <br />This should provide considerable flexibility for the Redevelopment <br />Commission and Agency.. <br /> <br />Senior Citizens' Housing Pro~ect. The $72,000 recommended in the first <br />lear should pr6vi'de for site clearance costs and complete the re- <br />quired funding of the downtown senior citizens' housing site. Total <br />site acquisition and relocation costs (approximately $325,000) have <br />been funded in the current fiscal year (1974-75) i A private developer <br />will pay for project development, and an annual HUD subsidy of approx- <br />imately $750,000 will help operate these 200 units of housing for the <br />elderly poor which were authorized by Santa Aha voters in November, <br />1975. The housing development is taxable and will contribute tax <br />increment revenue to the downtown redevelopment project. <br /> <br />Water System. This $79,000 of C.D. funds will pay for a portion of <br />t~e City's costs of acquiring a substandard private water system in <br />the south central area of the City and benefit the City through im- <br />proved fire protection.. Both a majority of the members of this private <br />water system and the City Council have authorized this action. <br /> <br />Housing Replacement Program. These funds can be used for a spot sl~m <br />clearance program throughout the City to eliminate abandoned and unsafe <br />structures and re-sell the sites to private developers on condition <br />they re-build new residential units. This will return safe residential <br /> <br /> <br />