HomeMy WebLinkAbout04 - HsgDivProjActRptREQUEST FOR HOUSING
AUTHORITY ACTION
MEETING DATE: RECORDING SECRETARY USE ONLY:
AUGUST 7, 2006
TITLE
MONTHLY REPORT FOR HOUSING DIVISION
PROJECTS AND ACTIVITIES — JUNE 2006
AEXECUTIA DIRECTOR
RECOMMENDED ACTION
Receive and file.
APPROVED
❑ As Recommended
❑ As Amended
CONTINUED TO
- COMMUNITY REDEVELOPMENT AND HOUSING COMMISSION RECOMMENDATION
Recommended that the Housing Authority receive and file.
By a vote of 4:0 (Jauregui, Stroud, Yanez absent) at its Regular Meeting
of July 18, 2006.
DISCUSSION
The June 2006 monthly status report provides statistics for the day-to-
day affordable housing activities of the City and the Community
Redevelopment Agency. The report is divided .into four sections: Loan
Activity, Loan Portfolio Management, Compliance Monitoring, and
Development Projects.
Loan Activity
Applications
The Housing Services Division offers
rehabilitation loan programs designed
for owner occupied historic single
family, single family, and mobile
homes. There are four different mobile
home programs: Mobile Home Hardship
Chart 'I Applications
Single
Family 21:
Ae
121
Monthly Report for Housing Division
Projects and Activities - May 2006
August 7, 2006
Page 2
Forgivable Loan Program, Federal Empowerment Zone Forgivable Loan
Program, CalHome Mobile home Rehab Loan Program, and CalHome Replacement
Loan Program. The Housing Division reviews applications to determine
which program best fits the needs of the applicants. Applications are
mailed out and received for these programs on a continuing basis. Chart
1 shows the number of applications sent out by type this fiscal year.
Loan A�)oroval Process
Staff reviews applicant eligibility,
verifies income and assets, oversees
underwriting, conducts an inspection
of the unit, and prepares a work write
up to determine rehabilitation work to
be performed. Once approved, staff
prepares all necessary loan documents,
makes arrangements for execution, and
reserves the required loan funds.
Chart 2 shows the number approved
during this fiscal year by program
type. This represents a total amount
of $8,566,654 for projects.
Construction Process
Chart 2 Units Underway
MH
Replacement
MH Rehab 13
MF Rehab 79IX
SF Owner
Occupied 1
During this phase, staff monitors the construction work, approves
payments to contractors, and tracks expenditures to ensure they do not
exceed available funds. Multifamily projects often involve additional
issues such as compliance with prevailing wage requirements and/or Davis -
Bacon.
Chart 3 shows the number of projects underway during each month of the
fiscal year. There are currently 117 units underway. During this fiscal
year, a total of 168 units were completed. This comprised of 147 multi-
family, 5 single family, 15 mobile home rehabilitations and 2 mobile home
replacements.
Monthly Report for Housing Division
Projects and Activities May 2006
August 7, 2006
Page 3
250
200
150
100
50
0
Chart 3 -Units underway
July August Sept. Oct. Nov. Dec. Jan. Feb_ March Apnl May June
Loan Portfolio Management
The Housing Division is responsible for ensuring the integrity of the
residential loan portfolio. As of the end of June, the principal balance
was $33.68 million. This is comprised of 400 loans of which 299 were
deferred payment loans. One loan was completed in June, while 34 have
been paid off during the fiscal year. The loan portfolio has generated
$1,042,306 in program income from loan repayments since the beginning of
the fiscal year. Staff has completed an audit of all FY 04-05 loan
files. This included all Single Family Rehab loans completed in FY 04-
05. Staff has also began the monitoring of FY 05-06 files.
Compliance Monitoring
Over the years, the City and Agency have received funds from various
State and Federal programs. These funds each have specific restrictions
and requirements. The Division is responsible for ensuring that the
projects are in compliance with these requirements, and that the units
meet the City's municipal code as it relates to public health and safety
requirements. Monitoring includes case file review, unit inspections,
non-profit certifications and onsite auditing. As of the end of June,
the Division was responsible for monitoring 1,249 units.
Development Projects/Multi-Family Rehabilitation
Birch Street
On January 3, 2006, the Redevelopment Agency awarded a contract for the
construction of four California Bungalow style single-family homes in the
-M
Monthly Report for Housing Division
Projects and Activities - May 2006
August 7, 2006
Page 4
Historic Heninger Park Neighborhood. After working diligently with the
selected contractor, he was unable to obtain the necessary performance
bond. On April 3, 2006, staff re -opened the bid process. The bid
notices were mailed to 68 developers and contractors. In addition, the
entire bid package is available on the City's web site. The
advertisement has been published four times in both the Orange County
Register and Los Angeles Times. The bids closed on June 16, 2006.
Unfortunately, the Agency received two non-responsive bids. Staff is
currently investigating various options.
McFadden Infill Site (between Maple and Orange Streets
Currently staff is working with an architect to develop conceptual plans.
Staff will continue to work with an architect to develop more detailed
plans. Staff anticipates distributing a Request for Qualifications to
select a developer by October.
Raitt Street Infill Site
Staff is negotiating with Civic Center Barrio Housing Corporation (CCBHC)
to develop attached homes on the site. It is anticipated that these
homes will be sold to low-income families. The number of units that will
be developed on the site has yet to be determined. CCBHC is currently
attempting to contract with an architect for the project. Staff
anticipates bringing a Disposition and Development Agreement (DDA) to the
City Council and Redevelopment Agency by December.
1000 Block of N Logan
The Logan infill project consists of three vacant lots located at 1006,
1012, and 1015 North Logan Street. Staff is currently negotiating with
Orange County Community Housing Corporation (OCCHC) to develop a single-
family home on each of the parcels. OCCHC is partnering with Taller San
Jose to develop the parcels. Staff anticipates bringing a DDA to the
Redevelopment Agency for consideration by July.
Scattered Site Infill
The Housing Division is developing a Request for Qualifications (RFQ) for
the development of scattered infill single-family sites throughout the
City. These sites were acquired through various street and freeway
improvement projects. It is anticipated that the RFQ will be published
by the end of the July.
in
Monthly Report for Housing Division
Projects and Activities - May 2006
August 7, 2006
Page 5
FISCAL IMPACT
There is no fiscal impact associated with this action.
Shelly andry-B le
Housing Manager
Community Development Agency
SGH/SLB/mlr
H:\ACTIONS\2006 HA\MthlyRptHsgProjs&Activities 8-1-06.doc