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80A - JOINT - HOUSING SUCCESSOR RPT
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80A - JOINT - HOUSING SUCCESSOR RPT
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12/14/2017 8:05:07 PM
Creation date
12/14/2017 8:04:34 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
12/19/2017
Destruction Year
2022
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One (1) very -low income five -bedroom unit was removed in 2005. The replacement housing <br />obligation transferred to the Housing Successor was fulfilled in a previous fiscal year with the <br />WBBB project that accommodated a five -bedroom unit within the site. <br />At the end of Fiscal Year 2016-2017, the Housing Successor has met all replacement housing <br />obligations transferred from the former redevelopment agency. <br />Inclusionary/Production Housing. According to the FY 2010 — FY 2015 Implementation Plan <br />for the former redevelopment agency, no Section 33413(b) inclusionary/production housing <br />obligations were transferred to the Housing Successor. The former redevelopment agency's <br />Implementation Plans are posted on the City's website at http://www.santa- <br />ana.ora/cda/oversig ht.aso. <br />IX. EXTREMELY -LOW INCOME TEST <br />Section 34176.1(a)(3)(B) requires that the Housing Successor must require at least 30% of the <br />LMIHAF to be expended for development of rental housing affordable to and occupied by <br />households earning 30% or less of the AMI. If the Housing Successor fails to comply with the <br />Extremely -Low Income requirement in any five-year report, then the Housing Successor must <br />ensure that at least 50% of the funds remaining in the LMIHAF be expended in each fiscal year <br />following the latest fiscal year following the report on households earning 30% or less of the AMI <br />until the Housing Successor demonstrates compliance with the Extremely -Low Income <br />requirement. This information is not required to be reported until 2019 for the 2014 — 2019 <br />period. <br />X. SENIOR HOUSING TEST <br />The Housing Successor is to calculate the percentage of units of deed -restricted rental housing <br />restricted to seniors and assisted by the Housing Successor, the former redevelopment agency <br />and/or the City within the previous 10 years in relation to the aggregate number of units of <br />deed -restricted rental housing assisted by the Housing Successor, the former redevelopment <br />agency and/or City within the same time period. If this percentage exceeds 50%, then the <br />Housing Successor cannot expend future funds in the LMIHAF to assist additional senior <br />housing units until the Housing Successor or City assists and construction has commenced on a <br />number of restricted rental units that is equal to 50% of the total amount of deed -restricted rental <br />units. <br />The following provides the Housing Successor's Senior Housing Test for the 10 year period of <br />January 1, 2006 to January 1, 2016: <br />HOUSING AUTHORITY OF THE CITY OF SANTA(ybk 16/17 Page 6 <br />
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