AHA 2008/03/18ANAHEIM HOUSING AUTHORITY
REGULAR MEETING OF
MARCH 18, 2008
The Anaheim Housing Authority met in regular session in the Chambers of Anaheim City Hall
located at 200 South Anaheim Boulevard.
PRESENT: Chairman Curt Pringle, Authority Members: Lorri Galloway, Bob Hernandez, Lucille
Kring and Harry Sidhu
STAFF PRESENT: City Manager David Morgan, City Attorney Jack White, Secretary, Linda
Andal.
A copy of the agenda for the meeting of the Housing Authority was posted on March 14, 2008
on the kiosk outside City Hall.
Chairman Pringle called the regular meeting to order at 5:15 P.M. for a joint public comment
session with the City Council and the Redevelopment Agency.
ADDITIONS/DELETIONS TO THE AGENDA: None
PUBLIC COMMENTS:
Eric Altman, OCCORD, expressed appreciation to the three legislative bodies for their vision in
adopting the Anaheim Affordable Housing Strategic Plan which had exceeded efforts of any
other southern California municipality in addressing the need for homes for low income
households. Specifically he congratulated the City with moving forward with those affordable
housing projects described in Items 5 and 9 on the agenda.
CONSENT CALENDAR: Authority Member Kring moved to approve the consent calendar,
seconded by Authority Member Hernandez. Roll Call vote: Ayes - 5; Mayor Pringle, Council
Members: Galloway, Hernandez, Kring and Sidhu. Noes - 0. Motion Carried
5. Approve and authorize the Executive Director of the Housing Authority to execute the
5114 Exclusive Negotiation Agreement with SADI, LLC for the purpose of developing an
affordable housing project.
6. Approve the Housing Authority's Streamlined Annual Public Housing Agency Plan for
AHA-177Fiscal Year 2008-09 and authorize the Executive Director to execute the required
certifications and related documents.
7. Approve revisions to the Housing Authority's Homebuyer Downpayment Assistance
AHA-177Program modifying the program's resale restriction term and adding equity share
participation revisions (Related to Agency Item #03 and Council Agenda item #17).
8. Approve minutes of the Housing Authority meeting held February 26, 2008.
Anaheim Housing Authority Minutes of March 18, 2008
Page 2
PUBLIC HEARING:
9. This is a Housing Authority public hearing to consider a resolution approving an
5115 Affordable Housing Agreement with Lincoln Anaheim I Housing Partners, L.P. and
Lincoln Anaheim II Housing Partners, L.P. for the development of an affordable housing
project located at 1275-1287 E. Lincoln Avenue.
RESOLUTION NO. 2008-002 RESOLUTION OF THE ANAHEIM HOUSING
AUTHORITY approving an Affordable Housing Agreement among the Authority, and
Lincoln Anaheim I Housing Partners, L.P., a California Limited Partnership, and Lincoln
Anaheim II Housing Partners, L.P., a California Limited Partnership; authorizing the
Executive Director to negotiate the terms of and enter into any Implementation
Agreement(s) consistent with the Affordable Housing Agreement; authorizing the
Executive Director, or her designee to execute and administer such agreements; and
making certain other findings in connection therewith.
Elisa Stipkovich, Community Development Director, reported this item related to an affordable
housing agreement on land the Redevelopment Agency had conveyed to the Housing Authority
for the purpose of developing affordable housing. Through a competitive process which ended
in exclusive negotiations with The Related Companies over a period of several months, she
reported the project consisted of 146 multi-family units which would be one-hundred percent
affordable. In trying to address concerns regarding the current housing market, staff
recommended the project move forward with two-phased funding sources but which would allow
the entire project to be developed at the same time. She noted the developer requested a nine
percent tax allocation from the state for the first phase and aMulti-Family Housing Program four
percent tax credit allocation also from the state for the second phase. She pointed out an
economic analysis showed the developer could provide a return to the City as much as $2
million depending on the value of the tax credits and the use of Section 8 vouchers. She further
pointed out the Housing Authority would not be obligated for any additional funding for this
project.
Chairman Pringle opened the public hearing for comments.
Kim McCay, The Related Companies, stated the project was complicated and it was in the
interests of both the City and Related Companies to get both phases started as soon as
possible.
With no other comments offered, Chairman Pringle closed the public hearing.
Authority Member Hernandez remarked this was not the first housing downturn the City had
faced and asked if this project was consistent with past practices. Ms. Stipkovich responded the
affordable housing agreement was better than most because the Authority was not committed to
give additional funding and there was an opportunity through the ground lease to have a
monetary return from the project. Authority Member Galloway inquired if there was a social
service component with this project; Ms. Stipkovich replied the project included a 5,500 square
foot recreation center which would house a variety of social service programs for the residents.
Ms. McCay added Project Access was an affiliate of their non-profit service component and she
anticipated having a person on site to coordinate the services offered.
Authority Member Sidhu expressed concern that renegotiation of the terms of the agreement
would be unfair to those companies originally bidding on the project. Mayor Pringle concurred
Anaheim Housing Authority Minutes of March 18, 2008
Page 3
in that it was important to insure bidders were not disenfranchised, but he also felt
circumstances could change based on economics or a change in the scope of projects. In this
instance, he added, the City could say no to the contract revisions and have the developer build
what they could and finish at a later date. Ms. Stipkovich remarked that staff had suggested the
second phase of funding in order to have the project developed at one time which would save in
construction costs and have a quicker return to the City through the ground lease.
Authority Member Hernandez moved to approve RESOLUTION NO. 2008-023 OF THE
ANAHEIM HOUSING AUTHORITY approving an Affordable Housing Agreement among the
Authority and Lincoln Anaheim I Housing Partners, LP and Lincoln Anaheim II Housing Partners
LP and authorizing the Executive Director to negotiate the terms of and enter into an
Implementation Agreement(s) consistent with the Affordable Housing Agreement, authorizing
the Executive Director or her designee to execute and administer such agreements and making
certain other findings, seconded by Authority Member Galloway. Roll Call vote: Ayes - 5;
Chairman Pringle, Authority Members: Galloway, Hernandez, Kring and Sidhu. Noes - 0.
Motion Carried
ADJOURNMENT:
There being no further business, Chairman Pringle adjourned the Anaheim Housing Authority
Meeting at 6:12 P.M. to reconvene the Anaheim City Council meeting.
Respec y submitted,
Linda N. Andal, Secretary
Anaheim Housing Authority