HomeMy WebLinkAbout04 - HsgDivProjActREQUEST FOR HOUSING
AUTHORITY ACTION
MEETING DATE. RECORDING SECRETARY USE ONLY:
SEPTEMBER 5, 2006
TITLE:
MONTHLY REPORT FOR HOUSING DIVISION
PROJECTS AND ACTIVITIES -- JULY 2006
r tx--
EXECUTIVE JbIRECTOR
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 6:0 (Welty absent) at its Regular Meeting of August 15,
2006.
DISCUSSION
The July 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. This is the first monthly report for the 2006-07
fiscal year. Given this, there is little activity to report in some of
the areas. As the fiscal year progresses, the graphs will reflect the
increased activities.
Monthly Report for Housing Division
Projects and Activities - July 2006
September 5, 2006
Page 2
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
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
applicants. Applications are mailed out
on a continuing basis. Chart 1 shows the
by type this fiscal year.
Loan Approval 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. As
rehabilitation projects are approved
throughout the fiscal year, a chart will
be produced to reflect that activity.
During July two loans were approved, one
mobile home replacement loan and one
single-family rehabilitation.
Chart 1 Applications
Single
Family 12
Mobile
Home 18
best fits the needs of the
and received for these programs
number of applications sent out
Chart 2 Loans Approved
Monthly Report for Housing Division
Projects and Activities - July 2006
September 5, 2006
Page 3
Construction Process
During this phase, staff monitors the
construction work, approves payments
to contractors, and tracks 120
expenditures to ensure they do not
exceed available funds. Multifamily 100
projects often involve additional so
issues such as compliance with
prevailing wage requirements and/or 60
Davis -Bacon. Chart 3 shows the number 46
of projects underway during each month
of the fiscal year. There are 20
currently 112 units underway. 0
Loan Portfolio Management
Chart 3 - Units Underway
The Housing Division is responsible for ensuring the
residential loan portfolio. As of the end of July, the
was $33.6 million. This is comprised of 402 loans
deferred payment loans. The loan portfolio generated
month of July. Staff has completed an audit of all FY
Compliance Monitoring
July
integrity of the
principal balance
of which 302 were
$58,763 during the
04-05 loan files.
Over the years, the City and Agency have received funds
State and Federal programs. These funds each have specific
and requirements. The Division is responsible for ensur
projects are in compliance with these requirements and tr
meet the City's municipal code as it relates to healt]
requirements. Monitoring includes case file review, unit
non-profit certifications and onsite auditing. During this
the Division will be responsible for monitoring 1,249 units.
Development Projects/Multi--Family Rehabilitation
McFadden Infill Site {between Made and Oranue Streets
from various
restrictions
_ng that the
it the units
and safety
inspections,
fiscal year,
Staff completed work with an architect to develop conceptual plans.
Initially, this site was to be developed independent of the other vacant
lots. In an effort to develop all the vacant lots in a timely manner,
M
Monthly Report for Housing Division
Projects and Activities --- July 2006
September 5, 2006
Page 4
this site is being added to the multi -site Request for Qualifications
(RFQ), which will be published in September.
Birch Street
The agency was unsuccessful in awarding the contract for the construction
of the single-family homes. These properties will be included in the
multi -site RFQ.
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
working with an architect.
1000 Block of N Locran
The Logan infill project consists of three vacant lots located at 1006,
1012, and 1015 North Logan Street. Staff is in negotiations 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. OCCHC is in the process of developing the project
budget. ,Staff anticipates bringing a DDA to the Redevelopment Agency for
consideration by November.
Multi -Site Infill
The Housing Division has developed an RFQ for the development of several
sites throughout the City. The majority of the sites were acquired
through various street and freeway improvement projects. The RFQ will
include the Birch and McFadden sites. It is anticipated that the RFQ
will be distributed in September.
0
Monthly Report for Housing Division
Projects and Activities - July 2006
September 5, 2006
Page 5
FISCAL IMPACT
There is no fiscal impact associated with this action.
Shelly andry-B le
Housin Manager
Community Development Agency
SGH/SLB/mlr
H:\ACTIONS\2006 HA\MthlyRatHsgPrcjs&Activities 9-5-06.doc
MA