ARA1990-13RESOLUTION NO. ARA90"13
A RESOLUTION OF THE ANAHEIM REDEVELOPMENT
AGENCY DETERMINING THE AMOUNT WHICH THE
AGENCY IS EXCUSED FROM DEPOSITING IN THE LOW
AND MODERATE INCOME HOUSING FUND FOR THE
1988-1989 FISCAL YEAR ON ACCOUNT OF
REDEVELOPMENT PROJECT ALPHA; AND FINDING
THAT SUCH AMOUNT IS NECESSARY TO MAKE
PAYMENTS UNDER EXISTING OBLIGATIONS OR IN
ORDER TO PROVIDE FOR THE ORDERLY AND TIMELY
COMPLETION OF PUBLIC AND PRIVATE PROJECTS,
PROGRAMS, OR ACTIVITIES OF REDEVELOPMENT
PROJECT ALPHA FOR THE 1988-1989 FISCAL YEAR;
AND ESTABLISHING AN INDEBTEDNESS OF
REDEVELOPMENT PROJECT ALPHA FOR THE
1988-1989 FISCAL YEAR CONCERNING THE LOW AND
MODERATE INCOME HOUSING FUND; AND FINDING
AND DETERMINING THAT LESS THAN TWENTY
PERCENT (20%) OF THE TAXES ALLOCATED TO THE
AGENCY PURSUANT TO HEALTH AND SAFETY CODE
SECTION 33670 IS THE AMOUNT OF THE
INDEBTEDNESS HEREBY ESTABLISHED BECAUSE THE
REQUIREMENTS OF HEALTH AND SAFETY CODE
SECTION 33334.2(a)(3) HAVE BEEN MET
WHEREAS, the Anaheim Redevelopment Agency is a community
redevelopment agency organized and existing under the Community
Redevelopment Law, Health and Safety Code Section 33000 et seq.
(the "Act"); and
WHEREAS, the City Council of the City of Anaheim adopted the
Redevelopment Plan for the Alpha Redevelopment Project on
July 19, 1973 by Ordinance No. 3190, and as said plan was first
amended by the City Council on July 20, 1976 by Ordinance
No. 3567, and as said plan was second amended by the City
Council on November 30, 1976 by Ordinance No. 3631, and as said
plan was third amended by the City Council on January 5, 1982 by
Ordinance No. 4300; and
WHEREAS, th~.,.Anaheim Redevelopment Agency is engaged in
activities necessary and appropriate to carry out such
redevelopment plan for Project Alpha; and
WHEREAS, pursuant to Section 33334.6 of the Act, the Agency
was required to establish a Low and Moderate Income Housing Fund
("Housing Fund") for such redevelopment Project Alpha for the
Fiscal Year 1985-1986 and for each fiscal year thereafter, and
to deposit into said Housing Fund not less than twenty percent
(20%) of the tax increment f~-nds allocated to the Agency for the
Project Alpha in the applicable fiscal year, except as necessary
to make payments under existing obligations of amounts due or
required to be committed, set aside, or reserved by the Agency
during that fiscal year in order to provide for the orderly and
timely completion of public and private projects, programs or
activities approved by the Agency prior to January 1, 1986; and
WHEREAS, the Agency has previously by Resolution No. 86-22
duly adopted its Statement of Existing Obligations and Statement
of Existing Programs for Redevelopment Project Alpha pursuant to
subdivision (f) of Section 33334.6: and
WHEREAS, the Agency desires by this Resolution to determine
that it is necessary to deposit into the Housing Fund for
Redevelopment Project Alpha in Fiscal Year 1988-1989, less than
the amount otherwise required by subsection (c) of
Section 33334.6, in order to permit the Agency to make payments
under existing obligations contained on the Agency's Statement
of Existing Obligations and to provide for the orderly and
timely completion of the public and private projects, programs
or activities contained on the Agency's Statement of Existing
Programs as said existing obligations and existing programs are
described on Exhibit "A" to this Resolution (attached hereto and
incorporated by this reference): and
WHEREAS, pursuant to subsection (g) of Section 33334.6, if
pursuant to subdivision (d) or (e) of said section, the Agency
deposited less than twenty percent (20%) of the taxes allocated
to the Agency pursuant to Section 33670 in any fiscal year in
the Housing Fund, the amount equal to the difference between the
percentage of taxes required to be set aside and the amount
deposited that year shall constitute a deficit of the Project
and be established as an indebtedness of the Redevelopment
Agency; and
WHEREAS, pursuant to subsection (c) of Section 33334.6 and
subsection (a)(3) of Section 33334.2, an Agency may deposit less
than twenty percent (20%) of the taxes which are allocated to
the Agency pursuant to Section 33670 for the purposes of
increasing, improving and preserving the community's supply of
low and moderate income housing available at affordable housing
cost as defined by Section 50052.5, to persons or families of
low or moderatg~income as defined in Section 50093, and very low
income households as defined as Section 50105, if it is found
that the community is making a substantial effort to meet its
existing and projected housing needs, i~cluding its share of
regional housing needs, with respect to persons and families of
low and moderate income, particularly very low income
households, as identified in the Housing Element of the
Community's General Plan required by Article 10.6 (commencing
with Section 65580) of Chapter 3 of Division 1, of Title 7 of
the Government Code, and th~ this effort, consisting of direct
1/3/90
7716n/2621/07
financial contributions of local funds used to increase, improve
and preserve the supply of housing affordable to persons and
families of low or moderate income and very low households, is
equivalent in impact to the funds otherwise required to be set
aside pursuant to Section 33334.2 and Section 33334.6; and
WHEREAS, in addition to any other local funds, the direct
financial contributions heretofore described may include federal
or state grants paid directly to a community in which the
community has the discretion of using for the purposes for which
moneys in the Housing Fund may be used; and
WHEREAS, the Agency intends by this Resolution to find that
in the 1988-1989 Fiscal Year the community made such a
substantial effort to meet its existing and projected housing
needs, including its share of regional housing needs with
respect to persons and families of low and moderate income
through direct financial contributions of local funds used to
increase and improve the supply of housing affordable to persons
and families of low and moderate income such that for purposes
of establishing the heretofore described deficit of the Agency,
a percentage less than twenty percent (20%) of all taxes which
were allocated to the Agency pursuant to Section 33670 may be
determined; and
WHEREAS, for the Fiscal Year 1988-1989, the Agency expended
$2,759,803.38 of direct contributions of local funds to increase
and improve the supply of housing affordable to persons and
families of low and moderate income in equivalent impact to the
funds otherwise required to be set aside pursuant to
Section 33334.2 and Section 33334.6 for the purposes and in the
amounts described in Exhibit "B" to this Resolution; and
WHEREAS, the programs and expenditures described in
Exhibit "B" to this Resolution are hereby incorporated by this
reference as if fully set forth in this Resolution; and
WHEREAS, the programs and expenditures described in
Exhibit "B" to this Resolution evidence the expenditure of
$2,759,803.38 of local funds to increase and improve the supply
of housing affordable to persons and families of low and
moderate income; and
WHEREAS, twenty-percent'(20%) of the taxes allocated to the
Agency pursuant to Section 33670 for the Fiscal Year 1988-1989
is the amount of $4,085,176.00; and
WHEREAS, the Agency desires by this Resolution to establish
for the Fiscal Year 1988-1989 the amount of $1,325,372.62 as a
deficit of the Agency and an indebtedness thereof which deficit
shall be funded and thereafter used by the Agency for purposes
1/3/90
7716n/2621/07
of increasing, improving and preserving the community's supply
of low and moderate income housing available at affordable
housing cost; and
WHEREAS, the indebtedness created by this Resolution shall
constitute an indebtedness of the Agency with respect to the
Redevelopment Project Alpha until paid in full; and
WHEREAS, the Agency intends by this Resolution after
establishing said indebtedness to authorize the Agency Treasurer
and Executive Director to take the steps necessary to establish
the amount of the indebtedness for the 1988-1989 Fiscal Year and
all other steps necessary to carry out the requirements of
Section 33334.6.
NOW, THEREFORE BE IT RESOLVED by the Anaheim Redevelopment
Agency as follows:
1. The Agency hereby finds that the difference between the
amount deposited into the Low and Moderate Income
Housing Fund for Redevelopment Project Alpha for
Fiscal Year 1988-1989 and the amount required by
subdivision (c) of Section 33334.6, as shown on
Exhibit A to this Resolution, is necessary to make
payments under existing obligations contained on the
Agency's adopted Statement of Existing Obligations of
amounts due or required to be committed, set aside, or
reserved by the Agency during Fiscal Year 1988-1989, and
which have been or will be used by the Agency for that
purpose.
2. The Agency hereby finds that the deposit of less than
the amount required by subdivisions (c) and (d) of
Section 33334.6 to be deposited into the Low and
Moderate Income Housing Fund for Redevelopment Project
Alpha for the Fiscal Year 1988-1989, as shown on
Exhibit A to this Resolution, is necessary in order to
provide for the orderly and timely completion of public
and private projects, programs, or activities which are
contained in the Agency's adopted Statement of Existing
Programs.
3. The Agency hereby finds it has made a substantial effort
to meef'its existing and projected housing needs,
including its share of regional'needs, with respect to
persons and families of low and moderate income,
particularly very low income households, as identified
in the Housing Element of the Community's General Plan
required by Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1, of Title 7 of the Government
Code, and that this effort consisted of direct financial
contributions of $2,~59,803.38 of local funds which were
1/3/90
7716n/2621/07
,
used to increase and improve the supply of the housing
affordable to persons and families of low or moderate
income and very low income households in equivalent
impact to the fund otherwise required to be set aside
pursuant to Section 33334.2 for the programs described
and the expenditures listed in Exhibit "B" to this
Resolution; and the Agency finds that an amount of
$2,759,803.38, as more fully described in Exhibit "B" to
this Resolution, shall be deducted from $4,085,176.00,
an amount equivalent to twenty percent (20%) of all
taxes which were allocated to the Agency pursuant to
Section 33670 for the 1988-1989 Fiscal Year, and the
balance after such deduction, $1,325,372.62, shall be
established as a deficit of the Agency and an
indebtedness of Project Alpha pursuant to
Section 33334.6 and when funded by the Agency shall be
used for the purposes of increasing, improving and
preserving the community's supply of low and moderate
income housing available at an affordable housing cost
as defined by Section 50052.5, to persons and families
of low and moderate income as defined in Section 50093,
and very low income households as defined in
Section 50105; and
The Agency hereby authorizes and directs the Agency
Treasurer and the Agency Executive Director (or their
designees) to take the steps necessary to evidence the
indebtedness of Project Alpha created by this
Resolution: and said indebtedness of the redevelopment
Project Alpha will be repaid from taxes allocated to the
Agency pursuant to Section 33670 through a plan to be
established by the Agency; and said indebtedness shall
constitute an indebtedness of the Redevelopment Agency
with respect to the redevelopment Project Alpha until
paid in full.
1/3/90
7716n/2621/07
The foregoing Resolution No. was regularly introduced
and adopted at a meeting of the Anaheim Redevelopment Agency,
duly held on the day of , 19__
PASSED, APPROVED AND ADOPTED ON THIS 20thday of N~rch , 1990
)
COUNTY OF ORANGE ) SS
CITY OF ANAHEIM )
I, ~~ ~~f~. , Secretary of the
Anaheim
Redevelopment
Agency h~reby certify that the above and foregoing
Resolution No.~-;3was duly and regularly passed and adopted by
the Agency at a regular meeting thereof, held on the ~o ~ day
o~ 7~,~ , ~.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the Seal of the Agency this ~l~tday of ~rA, , 19~9.
Secretary of the Agency
1/3/90
7716n/2621/07
-6-
The foregoing Resolution No. was regularly introduced
and adopted at a meeting of the Anaheim Redevelopment Agency,
duly held on the day of , 19__.
PASSED, APPROVED AND ADOPTED ON THIS 20thday of
~r~h , 1990 ·
STATE OF CALIFORNIA )
) ss
CITY OF ANAHEIM )
I, /~~ j/~f , Secretary of the Anaheim Redevelopment
Agency h~re~ certify that the above and foregoing
Resolution No.~-~ was duly and regularly passed and adopted by
the Agency at a regular meeting thereof, held on the ~o~ day
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the Seal of the Agency this ~t~*day of ~)%~,~r~ , 1990.
Secretary of the Agency
1/3/90
7716n/2621/07
-6-
EXHIBIT "A"
ALPHA REDEVELOPMENT PROJECT
LOW AND/WDOE~TE INCOME HOUSING FUND
1988-89
AMC)UNT OF EXISTING OBLATIONS TO BE
PAID WITH TAX INC~EMENT:
PRINCIPAL AND INTEREST ~ 1986 REFIN BONDS
INTEREST ON JOINT POWERS NOTE
PLACENTIA SCH~ DISTRICT
AMOUNT OF REQUIRED SET ASIDE NECESSARY TO
PROVIDE FOR THE ORDERLY AND TIMELY COMPLETION
OF PUBLIC AND PRIVATE PROJECTS, PROGRAMS
OR ACTIVITIES:
AMC)UNT WHICH THE AGENCY CAN BE EXCUSED FRO/iA
DEPOSmNG INTO THE LOW AND MODERATE INCOME
HOUSING FUND ON ACCOUNT OF EXISTING OBLIGATIONS
OR PROJECTS, PROORAMS AND ACTMTIES:
NONE
AMOUNT WHICH THE AGENCY IS NOT EXCUSED FROM
DEPOSITING INTO THE LOW AND MODERATE INCOME
FUND ON ACCOUNT OF EXISTING OI~LIGATIONS OR
PROJECTS, PR~ AND ACTIVITIES:
NONE
5. ACTUAL TAX INCREMENT
6. TWE~ PERCENT (2C~) Of ACTUAL
TAX INCREMENT
AMOUNT OF OTHER LOCAL FUNDS TO BE
CONTRIBUTED FOR LOW AND MODERATE INCOME
HOUSING:
DIRECT LOANS
ANAHEIM INTERFAITH SHELTER
FIXED RAP PAYMENTS
PATT STREET PROJECT
REHAB LOANS
ANAHEIM MANOR HOUSING PROJECT
RELOCATION SERVICES
RELOCATION PAY~J:NTS
DEFERRED LOANS
REBATES
BROOKHOLLOW
8. BALANCE Of: TAX INCREMENT REQUIRED TO BE
SET ASIDE OR EXCUSED ·
9. AMOUNT OF TAX INCREMENT PROJECTED TO
BE SET ASIDE
10.PROJECTED DEfiCIT JUNE 30, 1989 FOR
fiSCAL YEAR 1988-89
RESOLUTION
8,400,125.O0
3,564,175.00
2,044,298.68
522,102.00
40,000.00
222,653.15
3,683. ! 7
637,098.00
407,255.00
2,438.00
94,999.50
163,148.00
66,426.56
600,000.00
14,OO8,598.68
20,425,880.0O
4,085,176.00
2,759,803.38
1,325,372.62
1,325,372.62
EXHIBIT "B"
20% SET ASIDE EXPENDITURES - RECAP: 1988-89
·
·
·
·
·
Loan Program
Homeless Assistance
Relocation
Affordable Homeownership
Anaheim Manor - Rental
Brookhollow - Rental
Total:
$1,388,775
40,000
320,090
3,683
407,255
600,000
$2,759,803
PROGRAM DESCRIPTIONS AND EXPENDITURES OF
EQUIV~LRNT IMPACT FUNDS FOR 20% SET ASIDE OFFSET
The following are program descriptions and expenditures funded
out of City of Anaheim and Anaheim Housing Authority
discretionary funds to assist low and moderate income
households.
A. LOAN PROGRAMS:
Loans are available to income eligible and qualified
property owners who are making needed improvements to their
property or homes. The program is administered by
Neighborhood Preservation Office staff who provide
counseling, financial assistance, and project coordination
during the construction period.
1. Direct Loans:
Direct loans are available to income eligible
borrowers to finance the repair and improvement of
properties with substandard housing conditions.
Through this program, the City makes funding available
for residential rehabilitation financing a%
below-market rate costs. This loan program is open to
both single family property owners and multi-family
property owners.
These direct loans are available citywide with
interest rates dependent upon income, area, and family
size. Loan packaging and contract payments are
administered by the Neighborhood Preservation Office
staff.
2. Rehab Loans (Pay Back):
Funds which have been provided to property owners in
the form of direct loans that are subsequently repaid
are "recycled" and again made available to eligible
applicants to rehabilitate residential property. The
eligibility criteria used is the same as for other
Neighborhood Preservation Office loans.
3. Deferred Loans:
This is a loan made by the City to an income eligible
and qualified applicant to remedy uniform code
deficiencies in the applicant's residential
structure. The loan is due and payable at the end of
a five (5) year term unless the applicant is unable to
refinance it through market lenders. In such cases
the City will renew the loan for another five (5) year
02/26/90
8439n/2621/07 -2-
period. Loans to heads of households sixty (60) years
of age or older may be deferred until the property is
sold or title of ownership is transferred.
4. Tool Bank:
Under the Tool Rental Assistance Program tools are
made available to income eligible homeowners in
specific target areas.
5. Rebates:
Qualified applicants for this program may be
reimbursed up to fifty percent (50%) of home repair
costs spent by a low to moderate income owner for home
improvements in specific target areas.
Fundinq Source:
Community Development Block Grant (CDBG)
Expenditures'.
Source Fiscal Yr
YTD Total
Benefit!/
CDBG 88/89 $1,388,775
120% and below of
median
B. HOMELESS SHELTER PROGRAM:
The City of Anaheim assisted in the formation of a
non-profit corporation whose general purpose was to
establish a homeless shelter in Anaheim.
Program-
Anaheim Interfaith Shelter (AIS):
The Anaheim Interfaith Shelter, Inc., ("AIS") established
and operates the Halcyon Facility, a ten (10) unit
apartment building located in the City. AIS provides food,
shelter and other attendant services to homeless persons
and families in Anaheim. This transitional housing
facility offers families needed housing and services to
transition into permanent housing.
Very Low Income - 50% or below of median income
Low Income - 80% or below of median income
Moderate Income - 120% or below of median income
03/12/90
8439n/2621/07 -3-
Funding Source:
CDBG
Expenditures:
_
Source Fiscal Yr YTD Total Benefit
CDBG 88/89 $ 40,000
50% and below
C. RELOCATION SERVICE:
The City of Anaheim contracts with one or more professional
consultants to provide assistance to individuals and
families who are impacted or displaced due to an activity
that is assisted with federal funds and such impact or
displacement triggers the provisions of the Uniform
Relocation Act and Section 570.606 of the CDBG regulations.
Funding Source:
CDBG
Program:
Chevy Chase/Park Vista:
Public-Private Rehabilitation Project of three hundred
eighty-four (384) rental units located on ninety-four (94)
contiguous parcels which required acquisition,
rehabilitation and relocation by Developer. Relocation of
tenants required due to severe overcrowding. Services
provided by consultants included assistance in locating
replacement housing, assistance in applying for Section 8
Housing Program, translation services, and transportation
needs in selecting replacement unit.
Expenditures:
Source Fiscal Yr YTD Total Benefit
CDBG 88/89 $ 2,438
80% and below
D. RELOCATION PAYMENT BENEFITS:
Relocation payment benefits are provided to eligible
individuals and families as required by the Federal Uniform
Relocation Act of 1970, as amended.
Funding Source:
Housing Authority Administrative Reserve
03/12/90
8439n/2621/07 4
Program:
Chevy Chase/Park Vista:
Public-Private Rehabilitation Project of three hundred
eighty-four (384) rental units located on ninety-four (94)
contiguous parcels which required acquisition,
rehabilitation and relocation by Developer. The Housing
Authority used their discretionary Administrative Reserve
funds in the form of a loan to the DeveloRer, to make
available and provide the following relocation benefits to
impacted and displaced tenants. This project offers long
term affordable housing by reserving twenty-five percent
(25%) of the units (98 units) for thirty (30) years at
controlled rents established and monitored by the Housing
Authority.
As required by the Federal Uniform Relocation Act of 1970,
as amended, relocation benefits were provided to all
displaced families and individuals residing in buildings
subject to the Uniform Act.~/ Although legislation did
not mandate specific benefits for peopled displaced from
privately controlled housing at the start of the project,
the City, Housing Authority and the Developer agreed to pay
comparable relocation benefits to all those who qualified
as displacees.
Relocation Benefits included:
Actual Moving Expenses or a Fixed Moving Allowance up
to $500.
Individually determined Rental Assistance Programs
(RAPs) for a period of forty-eight (48) months, based
on the difference between current rent and the lesser
of market rent on new rent. RAPs are paid on monthly
basis, over a forty-eight (48) month period, not in
lump sums, due to project cost constraints and
preference of community groups.
Section 8 Certificate or Voucher assistance for
eligible households.
An allowance of up to $4,000 to assist relocating
families to purchase a home, when they meet external
financing criteria, and have a minimum of $2,000 to
invest.
Preference to displacees with respect to all
affordable units, for sale or rent, in the City of
Anaheim.
Buildings controlled by the Developer were not subject to
the requirements of the Uniform Act.
02/26/90
8439n/2621/07 -5-
Resident families with the appropriate household size, if
income eligible, were eligible to remain in the project and
receive Section 8 assistance.
Expenditures:
Source Fiscal Yr YTD Total Benefit
AHA 88/89 $317,652 Tenants -
80% and below
Reserves
E. AFFORDABLE HOMEOWNERSHIP PROGRAM:
Part Street Construction:
The Housing Authority purchased land for the development
and implementation of an Affordable Homeownership Program.
The Housing Authority assists iow to moderate income
applicants with the purchase of an affordable unit who are
first-time home buyers.
Funding Source:
Housing Authority Administrative Reserve
Expenditures:
Source Fiscal Yr YTD Total Benefit
AHA 88/89 $3,683
Reserves
Homeownership -
120% and below
F. ANAHEIM MANOR:
Residential apartment development built by private
developer under HUD Program 202 to assist seventy-five (75)
very low income seniors who are sixty-two (62) years of age
or older, physically handicapped and/or disabled.
Redevelopment funds were used to assist in the development
of the affordable senior rental project. Long term
affordable housing with non-profit developer.
Fundinq Source:
[To be inserted by B. Chavoya/Anaheim staff)
Expenditures:
Source Fiscal Yr YTD Total
Benefit
(To be 88/89 $407,255
inserted)
50% and below
02/26/90
8439n/2621/07 6
G. BROOKHOLLOW:
Residential apartment affordable multi-family rental
project to be built on City surplus land. The development
will consist of two hundred twenty-eight (228) units of
which twenty percent (20%) of the units will be affordable
to very low income tenants at established affordable rents
for thirty (30) years.
Fundinq Source:
AHA
Expenditures'.
Source Fiscal Yr
AHA 88/89
YTD Tota~
$600,000
Benefit
50% and below
02/26/90
8439n/2621/07 7