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Home My WebLink AboutAG RPTS 1997 1203 RDA REGANNOTATED MOORPARK REDEVELOPMENT AGENCY REGULAR MEETING AGENDA WEDNESDAY, DECEMBER 3, 1997 7 :00 P.M. Moorpark Community Center 1. CALL TO ORDER: 7:25 P.M. 2. ROLL CALL: ALL AGENCY MEMBERS PRESENT 3. PUBLIC COMMENT: NONE 4. PRESENTATIONS /ACTION /DISCUSSION: A. Resolution 97- Moorpark Redev, C3O the public he. b hearing, and Implementation Area. 799 Moorpark Avenue Adopting the Implementation Plan Update for the Ylopment Project Area. Staff Recommendation: Open 3ring, accept public testimony, close the public adopt Resolution No. 97- adopting the Plan Update for the Moorpark Redevelopment Project CONTINUED TO 12/17/97 MEETING; PUBLIC REMAINS OPEN. 5. CONSENT CALENDAR: A. Consider Approval of Minutes of the Special Meeting of the Redevelopment Agency on August 20, 1997. J Consider Redevelopment Approval Agency of Minutes August of 20 the Regular Meeting of the MO � on 1997. f� Consider Approval of Minutes of the Special Meeting of the Redevelopment Agency on October 15 1997. Staff Recommendation: Approve the minutes as processed. P -11 : • �, 6. ADJOURNMENT: 7:37 P.M. -76a.so ITEM 1 .a• CITY OF MOORPARK REDEVELOPMENT AGENCY AGENDA REPORT TO: Honorable Agency Board Members FROM: John E. Nowak, Interim Economic Development Manage M4 DATE: 24 November 1997 (Agency Meeting December 3, 1997) IN RE: RESOLUTION 97- ADOPTING THE IMPLEMENTATION PLAN UPDATE FOR THE MOORPARK REDEVELOPMENT PROJECT AREA Background: AB 1290, enacted in 1993, requires all Redevelopment Agencies to prepare implementation plans indicating project goals for the Agency for the ensuing five (5) year period. Specific areas of dealing with slum and blighted conditions and affordable housing are to be addressed in the report. No sooner than two (2) years nor later than three (3) years after adoption of the initial Implementation Plan, the Agency must prepare a midterm update which indicates the activities accomplished since the start of the five - year period, and the proposed activities remaining. Report: In December 1994 the Moorpark Redevelopment Agency adopted its AB 1290 Implementation Plan for the period 1995 through 1999. It is now required to review and adopt a midterm update to that Plan. The Plan presented to the Agency Board highlights changes that have taken place since the initial adoption in 1994. Specifically, project accomplishments are listed in the various tables and anticipated activities remaining are indicated. Projected revenues and expenditures for the remaining two years of this Implementation Plan are based on current information available. There are no major changes proposed in the direction the Agency has been taking in this update. A new full five -year Implementation Plan will need to be prepared in 1999. State law requires the Agency to hold a public hearing on the midterm update. This matter has been duly advertised for the December 3 meeting. The Agency Board is requested to hold a public hearing and then adopt Resolution No. 97- adopting the Update of the Implementation Plan as presented. goes, 0W AW MEEM of 2 Im 7 air MIDTERM IMPLEMENTATION PLAN UPDATE PAGE 02 Recommendation: Staff recommends that the City of Moorpark Redevelopment Agency Board take the following actions: Open the public hearing; 2. Accept public testimony; 3. Close the public hearing; and 4. Adopt Resolution No. 97- Adopting the Implementation Plan Update for the Moorpark Redevelopment Project Area. Attachments: Resolution No. 97- Implementation Plan Update RESOLUTION NO. 97- A RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY ADOPTING THE IMPLEMENTATION PLAN UPDATE FOR THE MOORPARK REDEVELOPMENT PROJECT AREA WHEREAS, California Community Redevelopment Law Q CCRL] California Health and Safety Code, Section 33000, et seg.), Subsection 33490 (a)(1) requires that: On or before December 31, 1994, and each five years thereafter, each redevelopment agency that has adopted a redevelopment plan prior to December 31, 1993, shall adopt after a public hearing, an implementation plan that shall contain the specific goals and objectives of the agency for the project area, the specific programs, including potential projects and estimated expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, programs and expenditures will eliminate blight within the project area and implement the requirements of CCRL Sections 33334.2, 33334.4, 33334.6 and 33414; and WHEREAS, CCRL Subsection 33490(b) requires that: Every agency, at least once within the five -year term of the plan, shall conduct a public hearing and hear testimony of all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation plan for each redevelopment project within the jurisdiction and evaluating the progress of the redevelopment project; and WHEREAS, CCRL Subsection 33490(d) requires that: Notice of public hearing conducted pursuant to this section shall be published pursuant to Section 6063 of the Government Code and posted in at least four permanent places within the project area for a period of three weeks. Publication and posting shall be completed not less than ten days prior to the date set for hearing; and WHEREAS, the Moorpark Redevelopment Agency (the "Agency ") has caused an updated implementation plan (the "Update ") to be prepared, which Update capsulizes the Agency's redevelopment efforts and successes since the Agency's adoption of the Original Implementation Plan in December, 1994, and which Update clarifies the Agency's longer -term course of redevelopment plan implementation through December, 1999; and WHEREAS, the Agency has given notice as required by CCRL Subsection 33490(d); and Resolution No. 97- Page 2 WHEREAS, on December 3, 1997, the Agency conducted and concluded the above - referenced duly- noticed public hearing; NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK AS FOLLOWS: Section 1. The Agency has duly held the required public hearing to hear public testimony of all interested parties for the purposes of reviewing the redevelopment plan, the corresponding implementation plan and implementation plan Update, and evaluating the progress of the redevelopment project. Section 2. Subsequent to hearing, and considering all testimony given, the Agency hereby adopts the Update, a copy of which is on file with the Secretary of the Agency. PASSED AND ADOPTED this 3rd day of December, 1997. Patrick Hunter Chairman ATTEST: Lillian E. Hare Agency Secretary Moorpark Redevelopment Agency M][)MNERM UIP'IDA\TIE OF THE ]FI VIE --Y EAR IMPLEMENTATION ON IP'ILA \N 119)95 -11999 Prepared By: URBAN FUTURES, INC. In Conjunction With: THE MOORPARK REDEVELOPMENT AGENCY December 1997 CITY OF MOORPARK REDEVELOPMENT AGENCY AB 1290 COMPLIANCE PROGRAM TAB 1 STAFF REPORT AND RESOLUTION ADOPTING THE IMPLEMENTATION PLAN NOTICE OF PUBLIC HEARING TAB 2 FIVE YEAR IMPLEMENTATION PLAN 1995-1999 URBAN FUTURES INCORPORATED Finance • Redevelopment • Implementation • Planning STAFF REPORT Date: November 25, 1997 To: Moorpark Redevelopment Agency Board From: Urban Futures, Inc., Advisors to Agency Subject: PROPOSED IMPLEMENTATION PLAN UPDATE FOR THE MOORPARK REDEVELOPMENT AGENCY Recommendation: That the Moorpark Redevelopment Agency (the "Agency ") approve and adopt the Updated Implementation Plan for the Redevelopment Project Area. Background: California Community Redevelopment Law (CCRL) 33490(c) mandates that "[e]very agency, at least once within the five -year term of the plan, shall conduct a public hearing and hear testimony of all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation plan for each redevelopment project within the jurisdiction and evaluating the progress of the redevelopment project." UFI has reviewed the Agency's 1995- 1999Five Year Implementation Plan (the "Original Plan ") and, working with Agency staff, has prepared an "update" of the Original Plan (the "Update "). This updated Original Plan is edited as follows: a. Obsolete data is lined -eut. b. New data is shown in bold type. C. All tables have been updated. Required notice has been given by publication and posting. In accordance with CCRL requirements, the Update is now ready for public hearing and consideration by the Agency for adoption. 01. AB 1290/MP.10/09/97. RE50 -01 Crestview Corporate Center - 3111 N. Tustin Avenue, Suite 230, Orange, CA 92865 -1753 Tel: (714) 283 -9334 Fax: (714) 283 -9319 e-mail: ufi@pacbell.net NOTICE OF PUBLIC HEARING NOTICE OF PUBLIC HEARING OF THE MOORPARK REDEVELOPMENT AGENCY HELD FOR THE ADOPTION OF THE IMPLEMENTATION PLAN UPDATE PREPARED PURSUANT TO SECTION 3349G (c) OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW. NOTICE IS HEREBY GIVEN that a public hearing will be held by the Moorpark Redevelopment Agency (the "Agency "): DATE OF HEARING: December 3, 1997 TIME OF HEARING: 7:00 p.m. PLACE OF HEARING: Council Chambers Moorpark City Hall 799 Moorpark Avenue Moorpark, CA 93021 The purpose of this hearing is to hear testimony of all interested parties for the purpose of reviewing the Redevelopment Plan(s), the corresponding Implementation Plan and Implementation Plan Update (the "Update "), and evaluating the progress of the redevelopment Project(s). The Agency has caused the Update to be prepared so that the Agency's longer -term course of Redevelopment Plan implementation is clearly defined and in compliance with the California Community Redevelopment Law (CCRL). At any time, no later than the aforesaid hour set for the hearing, any person or organization may file a written statement with the Secretary of the Agency, of his or her opinions with respect to the Implementation Plan, the Update and the Agency's progress in implementing the Redevelopment Plan. Any person or organization desiring to be heard will be given an opportunity to be heard. If you have questions regarding this hearing or the Implementation Plan, the Update, or any other matter, please call the Agency offices at (805) 529 -6864. A copy of the proposed Update will be available for public review at the office of the City Clerk at the Moorpark City Hall located at 799 Moorpark Avenue, Moorpark, CA three to four days before the public hearing. lsl Secretary of the Agency Published: October 31, 1997 November 7, 1997 November 14, 1997 Posted: October 31, 1997 through November 20, 1997 within the Redevelopment Project Area in four (4) different places. 01.AB1290 / *.NPH- UPD.FRM Moorpark Redevelopment Agency l�V] I D>TIERM U]P']D>A.TIE OF THE ]FIVIE-YEAR ][1�\1[]P']L]EI��I[]EN rA \�F]ION ]PLAN 119)9)5 —11999 Prepared By. URBAN FUTURES, INC. In Conjunction With: THE MOORPARK REDEVELOPMENT AGENCY December 1997 Moorpark Redevelopment Agency MIDTERM UPDATE OF THE FIVE -YEAR IMPLEMENTATION PLAN 1995-1999 Prepared By. URBAN FUTURES, INC. 3111 No. Tustin Avenue, Suite 230 Orange, California 92865 -1753 (714) 283 -9334 Contact: Jon D. Huffman, Executive Vice President In Conjunction With: THE MOORPARK REDEVELOPMENT AGENCY 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 Contact: John Nowak, Interim Economic Development Director December 1997 Five -Year Implementation Plan Update Midterm Update December 3, 1997 PREFACE In December 1994, the Moorpark Redevelopment Agency (the "Agency ") adopted a Five -Year Implementation Plan (the "Plan ") for the Moorpark Redevelopment Project Area No. 1 (the "Original Project Area "). The Plan, prepared pursuant to California Community Redevelopment Law, as codified in the California Health and Safety Code, (hereafter referred to as "CCRL ") Section 33490(a)(1), outlined specific goals, objectives and implementation programs forthe five - year implementation period, 1995 -1999. This Mid -Term Update (the "Update ") has been prepared in accordance with Subsection 33490(c)(3) which requires redevelopment agencies to conduct a public hearing for the purpose of reviewing their redevelopment and corresponding implementation plans, and evaluating the progress of redevelopment project(s). The Update is intended to serve as a tool for focusing the public hearing on implementation activities to date and how efforts could be redirected, if necessary, to ensure that the goals and objectives of the Redevelopment and Implementation Plans are met. State law prescribes the time frame in which the public hearing must be conducted. Specifically, the public hearing must be conducted no sooner than two years and no later than three years after adoption of the Plan. It should be emphasized that the Update does not negate the requirement for preparing a new implementation plan according to the statutory five -year planning cycle. That is, a new implementation plan will have to be prepared forthe 2000 -2005 implementation period. However, it is expected that the Update will facilitate completion of the subsequent plan as it contains information on activities undertaken in the first three years of Plan implementation. To facilitate its review, the Update retains the original Plan text, with updates /changes noted through the use of bold -face type and strike -out text ( strike- out -teA). In addition, some format changes have been made as part of the update process. These changes include reordering some sections to reflect an emphasis on information pertaining to the update process, and adding headings /subheadings and minor edits to improve readability. Moorpark Redevelopment Agency Five -Year Implementation Plan Update Midterm Update December 3, 1997 TABLE OF CONTENTS Page PREFACE i INTRODUCTION .................. ............................... 1 OVERVIEW ................. ............................... 1 REGULATORY FRAMEWORK 1 AB1290 ................... ............................... 1 Implementation Plan ..... ............................... 2 Midterm Public Hearing ... ............................... 2 II. INVENTORY OF AGENCY PURPOSES, OBJECTIVES AND ACCOMPLISHMENTS ......................... 3 HISTORICAL OVERVIEW 3 ACCOMPLISHMENTS 3 III. IDENTIFICATION OF KEY BLIGHTING CONDITIONS ...................... 6 IV. PROPOSED AGENCY FIVE -YEAR GOALS AND OBJECTIVES ............... 8 GOAL'S NEXUS TO BLIGHT ELIMINATION ....................... 10 V. PROPOSED AGENCY PROGRAMS AND RELATED EXPENDITURES - 1995 TO 1999 ................... ............................... 11 VI PRODUCTION, IMPROVEMENT AND PRESERVATION OF AFFORDABLE HOUSING ..... ............................... 15 AGENCY COMPLIANCE REQUIREMENTS ....................... 15 The "Replacement Rule" . ............................... 16 The "Inclusionary Rule" . ............................... 16 Terms of Affordability ... ............................... 17 Inclusionary Housing Plan Requirement ..................... 17 Agency Implementation of Affordable Housing Programs ........ 18 Housing Analysis ...... ............................... 19 Non - Agency Developed and Substantially Rehabilitated Units: 1989 -1997 ...... ............................... 19 Projections of Non - Agency Developed and Substantially Rehabilitated Units ..... ............................... 19 Total Agency- Assisted Units ............................. 19 Estimated Total Agency- Assisted Units ..................... 20 SUMMARY................ ............................... 20 CONSISTENCY WITH CITY'S GENERAL PLAN HOUSING ELEMENT ... 30 LOW AND MODERATE INCOME HOUSING FUND ................. 32 TEN -YEAR AND LIFE -OF- THE -PLAN HOUSING REQUIREMENTS ...... 34 VIII. CONCLUSION ..................... ............................... 35 Moorpark Redevelopment Agency h Five -Year Implementation Plan Update Midterm Update December 3, 1997 LIST OF FIGURES Figure Page 1 Moorpark Redevelopment Project Area .. ............................... 4 LIST OF TABLES Table Page 1 Redevelopment Plan Features ........ ............................... 3 2 Inventory of Pre -AB 1290 Agency Accomplishments ....................... 5 2.1 Inventory of Accomplishments: 1995 -1997 .............................. 5 3 Non - Agency Assisted Projects ........ ............................... 6 4 Post -AB 1290 Blight Conditions Remaining Within the Project Area ............ 7 5 Goals' Nexus to Blight Elimination (Post -AB 1290) ........................ 10 6 Proposed Yearly Program Expenditures 1995 to 1999 ..................... 11 6.1 Updated Actual and Proposed Yearly Program Expenditures 1995 to 1999 ..... 12 7 Programs and Expenditures' Nexus to Blight Elimination (Post -AB 1290) ....... 14 8 Program Descriptions /Status 1995 - 1999 .............................. 18 9 Total No. Of Units Destroyed or Removed and Inventory of Replacement Dwelling Units Provided Project Area Adoption Through 1997 ............... 21 9A Estimated Total No. Of Units to Be Destroyed or Removed And Estimated Number of Replacement Dwelling Units 1995 - 1999 .......... 22 10 Total Units Developed and Substantially Rehabilitated Inside Project Area By Agency Project Area Adoption Through 1997 ......................... 23 10A Total Units Developed and Substantially Rehabilitated Outside Project Area by Agency Project Area Adoption Through 1997 ..................... 24 10B Estimate of Total Units to Be Developed and Substantially Rehabilitated Inside Project Area by Agency 1998 -1999 .............................. 25 10C Estimate of Total Units to Be Developed and Substantially Rehabilitated Outside Project Area by Agency 1998 -1999 ............................ 26 11 All Non - agency Developed and Substantially Rehabilitated Dwelling Units Project Adoption Through 1997 ...... ............................... 27 11A Estimate of All Non - agency Developed and Substantially Rehabilitated Dwelling Units 1998 - 1999 .......... ............................... 28 12 Total Agency- Assisted Units Project Area Adoption Through 1997 ............ 29 12A Estimated Total Agency - Assisted Units 1998 Through 1999 ................. 29 13 Estimated Agency LMI Fund Receipts and Expenditures 1995 -1999 ........... 33 Moorpark Redevelopment Agency iii Five -Year Implementation Plan Update Midterm Update December 3, 1997 I. INTRODUCTION OVERVIEW In December, 1994 the Agency adopted a Plan for the Project Area. The Plan, prepared pursuant to CCRL Section 33490(a)(1), outlines specific goals, objectives and implementation programs for the five -year implementation period, 1995 -1999. This Update has been prepared in accordance with Section 33490(c)(3), which requires redevelopment agencies to conduct a public hearing for the purposes of reviewing their redevelopment and corresponding implementation plans and evaluating the progress of redevelopment project(s). Information contained in this Update is based on a review of Agency reports and budgets as well as discussions with City staff. For fiscal years 1994 -95 and 1995 -96, actual budget expenditure and program data were used. The best available preliminary year -end- budget data was incorporated for 1996 -97, and updated projections for the remaining two years of the planning cycle were obtained from Agency reports or were prepared as part of the Update. REGULATORY FRAMEWORK AB 1290 On October 6, 1993, Governor Pete Wilson signed Assembly Bill 1290 ( "AB 1290" or the "Bill "). AB 1290, enacted as Chapter 942, took effect January 1, 1994, and was sponsored by the California Redevelopment Association. Entitled the Community Redevelopment Law Reform Act of 1993, the Bill includes the most significant changes in the California Community Redevelopment Law (CCRL) in years. The changes affect both existing project areas and new plan adoptions. Key provisions include: 1) modifications to the definition of blight, 2) the demise of fiscal review committees and assistance to certain sales tax inducing projects, 3) prohibition against city /county hall construction and /or rehab, 4) time limits on certain Plan fiscal provisions, 5) the repeal of authority to receive sales tax revenues (up to 1%), 6) "use it or lose it" inducements for agencies to spend their Low /Moderate Income (LMI) housing funds (mandatory 20% set aside funds), and 7) establishment of a nexus between inclusionary and replacement housing requirements and implementation plans. The Bill also includes specific authority for commercial rehabilitation loans and assistance to manufacturing facilities.' 1 In 1994, SB 732 was enacted to address inconsistencies in the Bill. The Implementation Plan and Update incorporate the provisions of the revised legislation. Moorpark Redevelopment Agency Five-Year Implementation Plan Update Midterm Update December 3, 1997 Implementation Plan One of the provisions of AB 1290 is the requirement that each agency adopt a five -year Implementation Plan. This requirement reflects a strong legislative concern that redevelopment activities are directly linked to the elimination of blight. To that end, AB 1290 also requires agencies to periodically evaluate their activities to ensure that this linkage is maintained. Each agency that has adopted a redevelopment plan prior to December 31, 1993, must adopt, after a public hearing, an implementation plan on or before December 31, 1994. Thereafter, the implementation plan shall be revised and adopted every five years. The Agency adopted its Implementation Plan in December, 1994. An implementation plan must describe specific goals and objectives of the agency for the project area, specific programs, including potential projects and estimated expenditures to be made during the next five years, and an explanation of how these goals, objectives, programs and expenditures will eliminate blight remaining in the project area(s) An implementation plan must also implement the requirements of CCRL Sections 33334.2, 33334.4, 33334.6 and 33413. A complete discussion of the requirements of these sections and how the Plan must demonstrate compliance is found in Section VI, herein. Midterm Public Hearing CCRL Section 33490(3)(c) also requires each redevelopment agency to hold a public hearing and hear testimony from all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation plan. This review must occur at least once within the five -year term, no earlier than two years and no later than three years after the adoption of the implementation plan. The purpose of this hearing is to review the redevelopment plan and corresponding implementation plan prepared for each project and to evaluate the progress of Plan implementation. This Update has been prepared to facilitate the review and evaluation of the Redevelopment Plan and the Plan. A new implementation plan must be adopted by the Agency by December, 1999 for the next five -year planning cycle beginning January, 2000. Moorpark Redevelopment Agency 2 dwel'OR9 WRitS to SeGtigR 33413.5. (This be less 2-0- PUFSwant plaR FAUSt pFepaFed Rot thaR Midterm Public Hearing CCRL Section 33490(3)(c) also requires each redevelopment agency to hold a public hearing and hear testimony from all interested parties for the purpose of reviewing the redevelopment plan and the corresponding implementation plan. This review must occur at least once within the five -year term, no earlier than two years and no later than three years after the adoption of the implementation plan. The purpose of this hearing is to review the redevelopment plan and corresponding implementation plan prepared for each project and to evaluate the progress of Plan implementation. This Update has been prepared to facilitate the review and evaluation of the Redevelopment Plan and the Plan. A new implementation plan must be adopted by the Agency by December, 1999 for the next five -year planning cycle beginning January, 2000. Moorpark Redevelopment Agency 2 Five -Year Implementation Plan Update Midterm Update December 3, 1997 II. INVENTORY OF AGENCY PURPOSES, OBJECTIVES AND ACCOMPLISHMENTS HISTORICAL OVERVIEW In 1987 the Agency was established for the primary purpose of effecting the elimination of blight and stimulating the City's economic base. Growth would occur primarily through the development of new public improvements, commercial and industrial projects, and affordable housing. In 1989 the Redevelopment Plan for the Project Area was adopted Esee ale - ; Figwe -1). Table 1 below is a summary of key Redevelopment Plan features. Figure 1 on the following page shows the boundaries of the Project Area. TABLE 1 REDEVELOPMENT PLAN FEATURESI Adoption Date: July 5, 1989 Ordinance # 110 Term of Plan 40 Years (2029) Total Project Area 1,217 acres Base Year 1988 -89' ' Refers to the base year for the purpose of allocating taxes in the redevelopment area. ACCOMPLISHMENTS The Redevelopment Plan was the subject of a law suit until June, 1993 and so the Agency neither expended any funds, nor retained staff prior to the successful conclusion of that lawsuit. Since July 1993, the Agency has, both unilaterally and through participation in joint public /private partnerships, facilitated a number of successful projects and programs geared toward economic revitalization, Project Area blight reduction and overall achievement of the Redevelopment Plan's purposes and objectives. Those projects (both housing and non - housing) are summarized on Table 2. Since December, 1995 the Agency has continued to move forward with implementation in the Project Area. Table 2.1 is a new table that has been added as part of the update process to document accomplishments since adoption of the Plan. As shown in Table 2.1, the Agency has continued to focus its efforts on the continued development of Gisler Field (housing and Poindexter Park) while expanding its efforts on commercial development (Mission Bell II and High Street properties) and other park activities (Arroyo Vista Park). Additionally, the Agency was able to locate an office of the California Highway Patrol in the Project Area. Moorpark Redevelopment Agency 3 — — — I l 1 I I SL R S 1 1 �z 5/ a r I LEGEND I - o ❑ Redevelopment Project Area (Approximate Project Boundaries) FE L z Moorpark City Limits Prepared By: Urban Futures, Inc. December 3, 1997 Implementation Plan Update P,--,rtQ• eCArAmn, M oo r ark Redevelopment A ge n cy j Figure 1 MP_AB1290 Five -Year Implementation Plan Update Midterm Update December 3, 1997 TABLE 2 INVEN TORY 'OF PRE -AS 1290 AGENCY ACCOMPLISHMENTS a. Funding b. Recruitment C, Business Retention0evetopmenl d. Fund Raising e. Housing Opportunities Source: City of Moorpark Redevelopment Agency, September 1994. TABLE 2.1 Type of Agency Accomplishment Participation' Boys and Girls Club of Moorpark upgrade a L.A. Avenue wall and landscape a Arroyo Vista Park a Spring Road Storm Drain Study a Moorpark Avenue Storm Drain Study a High Street improvements a, c High Street Park a Flory Street improvements . a Misc. Concrete work Charles Street a Charles Street reconstruction a Gisler Field acquisition a, e High Street acquisition a, c Public Services Facility a a. Funding b. Recruitment C, Business Retention0evetopmenl d. Fund Raising e. Housing Opportunities Source: City of Moorpark Redevelopment Agency, September 1994. TABLE 2.1 INVENTORY OF ACCOMPLISHMENTS: 1995 -1997 Date Agency Accomplishment Description Type of Participation' 1995 Gisler Field Subdivision of 8 -acre parcel from Gisler Field and reservation for a,b,e affordable housing. _ 1995 Arroyo Vista Park Continuing improvements to Arroyo Vista Park a,g 1995/ Lease of High Lease of Agency -owned storefront property on High Street to a,c,d,g 1996 Street Parcels such uses as a restaurant, senior center and office. 1996 Poindexter Park Development of a 5 -acre portion of Gisler Field as Poindexter a,g Park. 1996 Mission Bell II Phase 11 of a commercial retail center. Phase II includes an 8- a plex theater, restaurant and retail stores. 1996 RFP for Gisler Drafted and distributed an RFP for development of affordable a,e,f Field Housing housing on 8 -acre parcel previously subdivided from Gisler Field. 1996 Locate CHP Office Assisted in the lease of a CHP Office in the Project Area b,c,f 1996 Storm Drain Construction of the Spring Road and Moorpark Avenue Storm a Drains 1997 Business Loan Low interest loans for business in the High Street Area a, c Program KEY a - Funding e - Housing Opportunities b - Recruitment and Planning Assistance f - Negotiations c - Business Retention/Development g - Program Development d - Fund Raising Source: City of Moorpark Redevelopment Agency, September 1997 Moorpark Redevelopment Agency 5 Five -Year Implementation Plan Update Midterm Update III. IDENTIFICATION OF KEY BLIGHTING CONDITIONS December 3, 1997 The adoption of AB 1290 substantially changed the definition of blight which can now be used to qualify project areas for adoption on or after January 1, 1994; the Moorpark Redevelopment Project was adopted prior to this date and qualified under previous definitions. Pre -AB 1290 conditions of blight are described in detail within the Agency's Report to the City Council prepared for the proposed Redevelopment Plan. The Agency's Report to Council is incorporated herein by reference and a copy of the same is available at the Moorpark City offices located at 799 Moorpark Avenue, Moorpark, CA. Conditions within the Project Area, with the exception of improvements caused by the implementation of Redevelopment Agency sponsored projects and programs (see Tables 2 and 2.1) and projects that have been implemented without Agency assistance described below (Table 3), remain the same as when the Plan was adopted in 1989. A photo survey of those conditions is contained in Appendix D of the Agency's Report to the City Council. It is the Agency's intent to focus on the remedy of those remaining blight conditions as defined under the new blight definitions included as part of AB 1290 related legislative reforms; these definitions are found in CCRL Sections 33030 and 33031 and are incorporated herein by reference. TABLE 3 NON - AGENCY ASSISTED PROJECTS' Mission Bell Plaza: K -Mart Shopping Center on Los Angeles Avenue 120,000 sq.ft. Arco Mini -Mart: gas station and food store on the southwest corner of Los Angeles Avenue and Moorpark Avenue _ 2,800 sq.ft. McDonald's Restaurant: on the northeast corner of Spring and 3,200 sq.ft. New Los Angeles Avenue Kalvico Industrial Building: on Los Angeles Avenue at Condor Drive 91,500 sq.ft. Industrial Park: 30 industrial buildings on 13 acres off Maureen Drive and Los Angeles Avenue 200,000 sq.ft. Industrial Building on Commerce Drive 27,000 sq.ft. Blockbuster Video and Starbuck's Coffee at the northeast 7,222 sq.ft. comer of Spring and New Los Angeles Avenue Moorpark Unified School District: Middle School at the (under construction) southwest comer of Walnut Canyon Road and Casey Road Moorpark Redevelopment Agency 6 Five -Year Implementation Plan Update Midterm Update December 3, 1997 Generally, those blighting conditions that remain within the Project Area as defined within Sections 33030 and 33031 are shown below in Table 4. TABLE 4 POST AS 1290 BLIGHT CONDITIONSI REMAINING VWTHIN THE PROJECT AREA BLIGHT DEFINITION PHYSICAL ECONOMIC CCRL Section 33031(a) CCRL Section 33031(b) • Unsafe Buildings Depreciated or Stagnant Property Values • Obsolescence Economically Obsolete Buildings/Lots • Lack of Parking Higher Crime Rate • Incompatible Land Uses Inadequate Public Improvements • Irregularly Shaped Parcels Abnormally High Business Vacancies • Inadequately Sized Parcels Abnormally Low Lease Rates Moorpark Redevelopment Agency 7 Five -Year Implementation Plan Update Midterm Update December 3, 1997 IV. PROPOSED AGENCY FIVE -YEAR GOALS AND OBJECTIVES CCRL Section 33490(a)(1)(A) states that the Implementation Plan shall contain the specific goals and objectives of the Agency for the project area(s). The Agency has outlined the following specific Goals and Objectives intended to remedy the remaining blighting conditions within the Project Area. As part of the update process, Agency staff reviewed the goals and objectives of the Plan. Staff determined that these policies generally continue to reflect the focus of Agency activities in this implementation period with only the one change to Objective "e" of Goal No. 2 as shown below. Goal No. 1 Work with the City and Chamber of Commerce to preserve and enhance the economic prosperity of the overall community and aid business development and retention Objectives: a. Provide infrastructure assistance to industrial developers who are creating new industrial sites within the Project Area. b. Develop a commercial rehabilitation loan or grant program. c. Assist in providing adequate parking in the City's central core area, particularly in the High Street area. d. Develop an industrial development loan or grant program. e. Working with the City and Moorpark Chamber of Commerce create a business retention and attraction program utilizing not only Agency funding sources but City, County, State and Federal sources as well. f. Assist new commercial development either through the provision of infrastructure, loan, grant or other appropriate programs. Goal No. 2 Work with the City and Chamber of Commerce to develop an Implementation strategy for Downtown Revitalization Objectives: a. Continue to implement High Street streetscape improvements including benches, planters and decorative lights. b. Work to rehabilitate adjacent residential neighborhoods as needed. C. Work with the City to develop master plan for City and Agency owned property. d. Work with the City to evaluate parking needs and how to provide strategically located parking on High Street including consideration of parking in lieu fee program. Moorpark Redevelopment Agency 8 Five -Year Implementation Plan Update Midterm Update December 3, ] 997 e. Continue efforts to Gemplete design and GORStFUGWR enhance the downtown park, GisteF Field. f. Work with the Moorpark Chamber of Commerce to develop a Chamber sponsored SBA workshop. g. Work with the City, Chamber of Commerce and SBA to establish information resources and to ensure jobs /housing balance. Goal No. 3 Promote adequate infrastructure for business development Objectives: a. Work with the City to develop City -wide master drainage plan. b. Develop an infrastructure assistance program that will be tied into programs that encourage new economic investments in the Project Area specifically and the community at large. c. Use Agency funding sources when possible as matching monies to leverage other possible infrastructure funding sources. d. Work with or assist private sector developers to provide oversized improvements in those instances where future cost savings are evident. Goal No. 4 Promote affordable housing and residential support programs and services Objectives: a. Provide that at least 15% of all new and substantially rehabilitated dwelling units developed within the Project Area by public or private entities or persons other than the Agency shall be at affordable housing cost to persons and families of low or moderate income. b. Work with City to ensure a balanced land use mix and to develop infill residential development in the downtown area. c. Sponsor housing rehabilitation programs in the Project Area specifically and City -wide, as appropriate. d. Actively pursue First Time Homebuyer Programs with various lending institutions and other programs when applicable. e. Encourage development of senior housing, both rental and ownership. f. Provide assistance to developers where possible when affordability covenants can be secured. g. Work with City staff on ongoing code enforcement program related to residential units. Moorpark Redevelopment Agency 0 Five -Year Implementation Plan Update Midterm Update December 3, 1997 h. Develop and work with "self help" programs, if applicable, to increase home ownership opportunities for low, very low income families. Work with the City to develop Parks and Service Facilities that serve the Project Area. GOAL'S NEXUS TO BLIGHT ELIMINATION Section 33490(a)(1)(A) of the CCRL requires that the Implementation Plan prepared by an agency contain an "...explanation of howthe goals and objectives... will eliminate blight within the project area...." Table 5 shows the relationship of the Agency's specific five -year goals and objectives to the eradication of remaining blight within the Project Area. As part of the update process, this table was reviewed. The determination of nexus between the stated goals of the Plan and the physical and economic conditions they are intended to address remain binding; therefore, no changes are being made as part of the update process. TABLE 5> GOALS NEXUS TO BLIGHT ELIMINATION POST -AB 1290' Physical Conditions Economic Conditions Infrastructure Goals' Unsafe Physical Incompatible Irregular Property Economical ighe Abnormally High Abnormaly Low Inade uate V Buildings Obsolescence Uses Lots Values/ ObsolescenceRats es Business Lea" Public Hazardous (In Project Res Improvements waste Area) Work with City and Chamber of Commerce to Preserve/ Enhance Prosperity of • • • • • • • • • • Community, Aid Business Development & Retention Work with the City and Chamber of Commerce to develop an implementation e • • • • • • • • • strategy for Downtown revitalization. Promote adequate infra- structure for business • • • • development. Promote Affordable Housing and residential support • • • • • • • • • • services and programs. Complies with CCRL Section 33490(a)(1)(A). ' Objectives are not shown hero. For purposes of this marry attainment of Agency goals assumes realization of each of those objectives previously defined in Section II of this Implementation Plan. Moorpark Redevelopment Agency 10 Five -Year Implementation Plan Update Midterm Update December 3. 1997 V. PROPOSED AGENCY PROGRAMS AND RELATED EXPENDITURES - 1995 TO 1999 CCRL Section 33490(a)(1)(A) requires that each implementation plan contain "..the specific programs, including potential projects, and estimated expenditures proposed to be made during the next five years...." Table 6 shows the proposed projects, programs and projected total expenditures that afe were proposed by the Agency to achieve its five -year specific goals and objectives, thereby helping to alleviate those blighting conditions remaining in the Project Area. Annual amounts available for expenditure afe were from projected tax increment revenues, based on the current Project Area assessed valuation for June 30, 1995, with a 2% annual increase in Project Area assessed valuation for fiscal years ending June 30, 1996 to June 30, 1999. The amounts shown in Table 6 are net of any debt service payments. Projected costs afe were shown an a yearly basis for the five year period, 1995 -1999. dal pF9jeste4 . Table 6 shows the total projected expenditure for the five -year period, according to the Plan to be $7,649,000. As shown, the Agency is allocated the largest amount of funds available between FY 1994 -95 and FY 1998 -99 to infrastructure improvement projects (59.5%), followed by community facilities (19.6 %), community development (16.3 %) and housing (4.6 %). Please note these numbers de did not include the expenditure during calendar year 1993 of LMI funds in the approximate amount of $1,500,000 for the acquisition of Gisler Field. The Agency's projected allocation of funds is was generally consistent with its historic trends, stated goals and objectives, capital improvements projects list and the projects /programs list included as part of the Plan when it was adopted in 1989. TABLE 6 PROPOSED YEARLY PROGRAM EXPENDITURES 1995 TO 1999' Fiscal Year Program Expenditures2 % of 1994 -95 1995 -96 1996 -97 1997 -98 1998 -99 Total' Total Infrastructure 799,000 700,000 850,000 1,000,000 1,200,000 4,549,000' 59.5 Community Facilities - 300,000 350,000 400,000 450,000 1,500,000 19.6 Housing - 80,000 85,000 90,000 95,000 350,000' 4.64 Community Development - 250,000 300,000 350,000 350,000 1,250,000 167 TOTALS3 799,000 1,330,000 1 1,585,000 1,840,000 2,095,000' 7,649,000 100.0 Complies with CCRL Section 33490(a)(1)(A). ' Reference the Agency's ProjsctsfPrograms list included as Appendix 8 of the Agency's Repoff to the City Council on the Redevelopment Plan for the Proposed Moorpark Redevelopma Project and Exhibit of the City's Capital Improvement Projects List for lists of potential projects and/or specific project costs. ' Excludes administrative expenses. ' Does not include expenditure of $1,500,000 in LMI funds during calendar year 1993 to purchase land for proposed Gisler Field Housing Development Moorpark Redevelopment Agency Five -Year Implementation Plan Update Midterm Update December 3, 1997 Table 6.1 provides an updated accounting of Agency program expenditures for the implementation period.2 Actual expenditures made by the Agency during the first three fiscal years of the period are shown. Expenditures for fiscal year 1997 -98 are based on the proposed budget for that year. Fiscal year 1998 -99 figures are estimates that were developed from information on current project schedules. The updated total projected expenditure for the five -year period is $6,328,508.3 As shown in the Table, the Agency's updated spending allocations, by order of size, are: Infrastructure (69.9 %), Recreation /Cultural (16.8 %), Community Development (7.1 %), Housing (4.7 %) and Social/Community (1.5 %). TABLE 6.1 UPDATED ACTUAL AND PROPOSED YEARLY PROGRAM EXPENDITURES 1995 TO 19994 Actual Expenditures Proposed % of Expenditures Total 1994 -951 1995 -96' 1996 -972 1997 -983 1998 -993 Programs' Totaf Infrastructure $ 500,981 $1,091,124 $ 691,108 $ 940,000 $1,200,000 $4,423,213 69.9 Recreation /Cultural 0 65,000 0 596,500 400,000 1,063,500 " 16.8 Social/Community 0 0 43,156 0 50,000 93,156 1.5 Housing 2,475 23,026 0 171,800 100,000 297,301 4.7 Community Development 0 51,338 0 100,000 300,00 451,338 7.1 TOTALS` 503,456 1,230,488 734,264 1,810,300 2,050,000 6;328,508 100.0 PRIOR PROJECTION 799,000 1,330,000 1,585,000 1,840,000 2,095,000 7,649,000 % DIFFERENCE -37.0 -7.5 -53.7 -1.6 -2.1 -17.3 ' Annual expenditures based on year -end data ' Annual expenditures based on preliminary year -end data ' Proposed expenditures based on adopted biannual 1997 -99 budgets Complies with CCRL Section 33490(a)(1)(A). ° Reference the Agencs proposed list of Public Improvements, Projects and Programs of the Redevelopment Plan prepared for the Moorpark Redevelopment Project for a list of potent projects and specific project costs. ` Excludes administrative expenses. In terms of program- specific expenditures, actua /Agency Infrastructure expenditures during the first three years ($2.28 M) are very close to projected Infrastructure expenditures ($2.35 M); however, because of the drop in total Agency income, the total expended and projected proportionate share of Infrastructure expenditures has increased from 59.5% to 69.9 % - -a 17% increase. Not surprisingly, all other 2Please note that the Agency has broken down the "Community Facilities" category used in the Plan into two categories "Recreation/Culture" and "SociauCommunity" used in the Update. 3Please note that the Updated estimate is some $1.32 M or 17% less than that projected in the Plan. According to Agency staff, properties in the Project Area experienced an actual drop in assessed valuation in FY 1995 -96; thereby reducing the Agency's amount of tax increment income. Assessed values are again increasing, however. Moorpark Redevelopment Agency 12 Five -Year Implementation Plan Update Midterm Update December 3, 1997 expenditure categories have experienced both proportionate and absolute decreases; e.g. Community Facilities is now projected to spend $343,344, ( or 23 %) less than was projected in the Plan and Community Development is now projected to spend $798,662 (or 64 %) less than was projected in the Plan. For each of the first two years of the implementation period, total actual expenditures were less than projected (37% less in FY 1994 -95 and 7.5% less in FY 1995 -96). Based on preliminary fiscal year -end date, actual total expenditures in FY 1996 -97 were 53.7% less than total projected expenditures in the Plan. Community Facilities programs received funding at a fraction of projections in the Plan while Community Development received no funding at all. Updated FY 1997 -98 and 1998 -99 projected expenditures are similar to original projections with the following notable exceptions: in FY 1997 -98, Community Facilities expenditures are now projected to be 50% higher than Plan projections, Housing expenditures are now projected to be 91 % higher than Plan projections, and Community Development expenditures are now projected to be two and a half times lower than Plan projections. Table 7 on the following page is a summary identifying the relationship between programs and expenditures and blight elimination. This table was prepared pursuant to CCRL Section 33490(a)(1)(A) which requires implementation plans to document how programs and expenditures are related to the removal of blight conditions. As _ part of the Update, Table 7 was reviewed. The linkages in the table between programs and expenditures and blight conditions have not changed in the first three years of Plan implementation. Therefore, no changes to the table were made. Moorpark Redevelopment Agency 13 - - - - - - - Moorpark Redevelopment Agency 13 Five -Year Implementation Plan Update Midterm Update December 3, 1997 TABLE ?' PROGRAMS AND EXPENDITURES NEXUS TO BLIGHT ELIMINATION POST -AB 1230)4 Physical Conditions Economic Conditions Infrastructure Low Higher Program and Unsafe Physical Incompatible Irregular Property Economic Crime Abnormally High Abnormally Low Inadequate = Expenditures Buildings 9 Obsolescence Uses Lots Valued obsolescence Rate in Business lease Public Hazardous Project Vacancies Rates Improvements Waste Area Infrastructure • • • • • • • • Community Facilities • • • • • • • • Housing • • • • • • • • Economic Development • • • • • • • • • • Complies with CCRL Section 33490(m)(1)(A). Reference Section V, Proposed Agency, Programs and related expenditures for a projected expenditures analysis and estimated cost for each program. Moorpark Redevelopment Agency 14 Five -Year Implementation Plan Update Midterm Update December 3, 1997 VI PRODUCTION, IMPROVEMENT AND PRESERVATION OF AFFORDABLE HOUSING The following sections describe the regulatory framework for affordable housing production, improvement and preservation under redevelopment law and explain how the Plan must demonstrate compliance. In 1996, AB 3025 was signed into law. This Bill extended the sunset period for CCRL Section 33413 to January 1, 2001. After this date, several options currently available to redevelopment agencies in meeting replacement and inclusionary housing requirements are eliminated. Amended text is provided below to reflect these changes. AGENCY COMPLIANCE REQUIREMENTS One of the fundamental goals of redevelopment in California is the production, improvement and preservation of a participating community's supply of housing affordable to very low -, low- and moderate - income households.` This goal is accomplished, in part, through the operation of four different, but interrelated requirements imposed on redevelopment agencies by the CCRL. The requirements are: • An agency must use at least 20 percent of tax increment revenue to increase, improve and preserve the supply of very low -, low- and moderate - income housing in the community (CCRL 33334.2); • An agency must replace, in equal or greater number, very low -, low- and moderate - income housing units and bedrooms which are destroyed or removed as a result of a redevelopment project (the "replacement rule ", CCRL Section 33413[a]); • An agency must ensure that a fixed percentage of all new or substantially rehabilitated housing units constructed within a redevelopment project area are affordable to very low -, low- and moderate - income persons and families (the "inclusionary rule ", CCRL 33413[b][1]); • An agency must ensure that a fixed percentage of all new housing units constructed or substantially rehabilitated by the Agency within the project area by public or private entities or persons other than the Agency are affordable to very low -, low- and moderate - income persons (the "inclusionary rule ", CCRL 33413[b][2]). Section 33413(b)(4) requires that as part of this Implementation Plan the Agency must adopt a plan to comply with the requirements of the inclusionary rule. In addition, Sections 33413.5 and 33334.5 require adoption, by resolution, of replacement housing plans for compliance with the replacement rule. The Agency does not intend to destroy or remove any low- income housing; therefore, this plan requirement is not applicable at this time. 4 Very low- income households are those earning not more than 50% of area median income; low- income households are those earning between 51% and 80% of area median income, and moderate- income households are those earning between 81% and 120% of area median income. Moorpark Redevelopment Agency 15 Five -Year Implementation Plan Update Midterm Update December 3, 1997 The "Replacement Rule" Section 33413(a) of the Health and Safety Code requires that whenever dwelling units housing persons and families of low- or moderate - income are destroyed or removed from the very low -, low- and moderate - income housing market as part of a redevelopment project subject to a written agreement with the agency or having been provided financial assistance by an agency, the agency shall, within four (4) years of the removal of the dwelling units, cause to be developed an equal number of replacement dwelling units which have an equal or greater number of bedrooms as those destroyed or removed units at affordable housing costs within the territorial jurisdiction of the agency. For affordable units removed prior to September 1, 1989, replacement units must be available at an affordable housing cost5 to persons and families of low- and moderate - income (very low- income levels excluded therein) without regard to the specific income of the person or family originally occupying the removed dwelling unit. However, for units removed after September 1, 1989, California law requires that 75 percent of the replacement units must be affordable to the same income groups, inclusive of very low - income levels, that occupied the units removed or destroyed. The "Inclusionary Rule" Section 33413(b)(1) of the CCRL requires that at least 30 percent of all dwelling units actually developed by a redevelopment agency shall be available at affordable housing cost to persons and families of low- or moderate - income, and not less than 50 percent of the units shall be available at affordable housing to very low- income households. Section 33413(b)(2) requires that at least 15 percent of all dwelling units developed within a project area by public or private entities or persons other than the redevelopment agency shall be available at affordable housing cost to persons and families of low- or moderate - income, and not less than 40 percent of the affordable units shall be available at affordable housing cost to very low- income households. To illustrate the inclusionary rule in terms of numbers, of every 100 dwelling units developed or rehabilitated by entities other than the agency, 15 shall be affordable, with 9 affordable to persons of low- or moderate - income, and 6 available to persons of very low- income. To satisfy this requirement an agency may cause, by agreement or regulation, to be available, at affordable housing costs to persons and families of low- or moderate - income, or to very low- income households, two units outside a project area for each unit that otherwise would have had to be available inside a project area. AB 305 amended the inclusionary rule requirement. As of January 1, 2001, the specific language which stated that the inclusionary requirement could be addressed by developing affordable housing outside the project area at a 2 :1 ratio will no longer appear in the statute. Review by legal counsel as to this matter will be appropriate absent a further amendment to CCRL Section 33413. 5As defined in Health and Safety Code Sections 50052.5 and 50053. Moorpark Redevelopment Agency 16 Five -Year Implementation Plan Update Midterm Update Terms of Affordability December 3, 1997 Section 33413(c) of the CCRL requires that replacement and inclusionary units shall remain available at affordable housing cost to the income levels indicated for the longest feasible time, which includes but is not limited to unlimited duration. CCRL Section 33334.3(f) states that when new or substantially rehabilitated housing units are developed or assisted with money from an agency's 20 percent affordable housing set -aside fund, the agency shall require that those housing units remain affordable for the longest feasible time, but for not less than 15 years for rental units or 10 years for owner - occupied units. Inclusionary Housing Plan Requirement Section 33413(b)(4) of the CCRL, added in 1991, requires each redevelopment agency to adopt a Plan to be included as part of the implementation plan required by Section 33490, indicating how the agency will comply with the requirements of the inclusionary rule; the plan must be consistent with the Housing Element of the City's General Plan. The Plan shall be reviewed and amended at least every five years, in conjunction with either the Housing Element cycle or the Plan implementation cycle. The plan must ensure that the requirements of 33413(b) are met every ten years. If subdivision (b) of Section 33413 applies the Plan shall include a section addressing Agency - developed and Project Area housing. Section 33490(a)(2)(B) requires that for each project area to which subdivision (b) of Section 33413 applies, the Section addressing the agency - developed and project area housing shall contain: (i) Estimates of the number of new, substantially rehabilitated or price- restricted residential units to be developed or purchased within one or more project areas, both over the life of the plan and during the next 10 years. (ii) Estimates of the number of units of very low, low, and moderate income households required to be developed within one or more project areas in order to meet the requirements of paragraph (2) of subdivision (b) of Section 33413, both over the life of the plan and during the next 10 years. (iii) The number of units of very low, low, and moderate income households which have been developed within one or more project areas which meet the requirements of paragraph (2) of subdivision (b) of Section 33413. (iv) Estimates of the number of agency developed residential units which will be developed during the next five years, if any, which will be governed by paragraph (1) of subdivision (b) of Section 33413. (v) Estimates of the number of agency developed units for very low, low, and moderate income households which will be developed by the agency during the next five years to meet the requirements of paragraph (1) of subdivision (b) of Section 33413. Moorpark Redevelopment Agency 17 Five -Year Implementation Plan Update Midterm Update December 3, 1997 Agency Implementation of Affordable Housing Programs Presented on Table 8 is an updated description of those primary housing programs which the Agency proposes to continue implementing through the conclusion of this Plan implementation cycle and one program which is under discussion, expects to begin Other housing programs may be developed in lieu of, or in addition to those included in Table 8. As shown in Table 8, the Agency is continuing the programs it has found to be successful and has added one program. The "Homeowner Assistance" program is currently targeted at structures needing significant rehabilitation for assisting existing homeowners. The "Rental Subsidy" program referred to in the Plan has been successfully completed and therefore has been closed out; however, the Agency is discussing the availability of a rental assistance program for the development of the Gisler Field affordable housing if that housing is developed as rental units. In this regard, the Agency is reviewing the use of its LMI funds within the context of CCRL Section 33413 regulations in Gisler Field regardless of what type of housing is eventually developed -- whether for sale housing (in which case the Agency would expand the "First Time Home Buyer" program to include Gisler Field), senior housing (in which case the Agency would utilize its "Senior Affordable Housing program), or, as stated above, rental units. The Agency is currently discussing adding one new program -- the "Covenant Recordation" program to the list of CCRL 33413 - eligible programs. This program would require that all new residential development in the Project Area, regardless of whether the Agency provides assistance or not, would be required to reserve some percentage of newly constructed units for very low -, low- or moderate - income households. Moorpark Redevelopment Agency 18 TABLE 8 PROGRAM DESCRIPTIONSISTATUS 1995, . 1999' Program Description' Status3 First Time Homebuyer 4, 5, 7 b Single Family Residential Rehabilitation 5, 6, 7 e Homeowner Assistance 4-2,3, 4, 5, 6, 7 e Rental Subsidy 4, 5, 7 a c Self Help 1, 2, 3, 5, 6, 7 c Senior Affordable Housing 1, 4, 7, 8 b Covenant Recordation Program 1, 4, 5, 8 c Complies with CCRL Sedan 33413. ' KEY 1 . New Construction ' KEY 2 - Significant Rehab ■ • .-itable 3- Rehab b - Planning 4 - Multi Family c - Discussion 5 - Single Family d - Implemented 6 - PreservabonlRestoration a - Ongoing 7 - Financial Assistance 8 - Development Incentives Moorpark Redevelopment Agency 18 Five -Year Implementation Plan Update Midterm Update December 3, 1997 Housinq Analysis Tables 9, 9A, 10, 10A, 10B, 10C, 11, 11A, 12 and 12A summarize the Agency's past housing activities and those housing activities projected to occur within the next fW6 two years (19967- 1999). The information contained in these tables, in concert with the other parts of the Plan, ensure compliance with CCRL Sections 33490, 33413, 33334.2, 33334.3, 33334.4 and 33334.6. The tables provide the required nexus to affordability, replacement and inclusionary requirements established in the CCRL and previously discussed in this section of the Implementation Plan. There #gas -been continues to be no Agency activity, nor is there projected to be any Agency activity, relative to those housing issues outlined on Tables 9 through 10C and 12. As part of the'update process, these tables were reviewed to determine whether any activities are planned to occur in the remaining years of the planning cycle. No activities are planned and the tables are clearly denoted in this manner. Tables 11, 11A and 12A are discussed below: Non - Agency Developed and Substantially Rehabilitated Units: 1989 -1997 As shown in Table 11, blai#s, there have been 17 units constructed or substantially rehabilitated in the Project Area since the Plan's adoption in 1989. This number has not changed since the date the Plan was originally approved. CCRL Section 33413(b)(2)(A)(i) requires that "At least 15% of all new and substantially rehabilitated dwelling units developed within a project area... by public or private entities or persons other than the agency shall be available at affordable housing cost to persons and families of low or moderate income." This translates to 6% of units at affordable housing costs to persons or families of very low income and 9% for persons of low- moderate income. To date, none of the 17 units have been restricted pursuant to CCRL Section 33413(b)(2)(A)(i). Thus, as shown in Table 11, there is remains a cumulative deficit of 1.02 very low income units and 1.53 low- moderate income units. Projections of Non-Agency Developed and Substantially Rehabilitated Units Table 11A, shows a five -yeaf projections of non - Agency development within the Project Area for the remaining two years of the implementation period. These units represent an estimated first phase of two planned apartment complexes which are currently known to Agency staff. It is not clear, at this point, exactly when these two developments will start construction. Less than 1% of the Project Area is currently vacant and residentially zoned. Total Agency-Assisted Units Table 12A shows that the Agency has provided funds subject to CCRL Section 33334.2(a) to assist in the substantial rehabilitation of one unit in FY 1995 -96 and to assist in the rehabilitation (as defined in the table) of ten units in FY 1995 -96 and 8 units in FY 1996 -97 Moorpark Redevelopment Agency 19 Five -Year Implementation Plan Update Midterm Update Estimated Total Agency- Assisted Units December 3, 1997 As shown in Table 12A, the Agency is projected to assist 66 35 units over the next five years. The number of units projected are based upon the Agency's currently planned programs, which anticipate providing assistance toward the development of at least 40 11 new single family units and rehabilitation assistance to 2-5 24 single family units over the next 5 years. The 11 new single family units proposed are situated in the Gisler Field development and represent approximately 15% of the potential 62 units which could be constructed on this land. The 24 rehabilitations are a part of the Agency's on- going housing program which anticipates the rehabilitation of 12 units per year. In FY 1995 -96 the program completed 10 rehabilitations. SUMMARY There have been no dwelling units constructed or substantially rehabilitated in the Project Area since the Agency adopted its original Plan in December, 1994. At that time, 16 dwelling units had been built and one such unit had been substantially rehabilitated. Additionally, to date, no affordability restrictions in compliance with CCRL Section 33413 have been placed on any units in the Project Area. Agency staff anticipates that in calendar years 1998 and 1999 there will be housing activity in the Project Area, both in conjunction with the Agency (some 60 units at Gisler Field) and privately, some 110 units as the first phases of two larger residential subdivisions. The Agency intends to enforceably restrict 11 of the Gisler Field units. In terms of removal of housing, the Agency has not destroyed or removed any units in the Project Area, nor is there expected to be any such activity in the remainder of the Plan period. Moorpark Redevelopment Agency 20 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 9 TOTAL NO. OF UNITS DESTROYED OR REMOVED AND INVENTORY' OF REPLACEMENT DWELLING UNITS PROVIDED PROJECT AREA ADOPTION THROUGH 1997' No. of Units Destroyed " Total No. of Units Rehabed, or Removed Affecting No. of Destruction/ Developed, or Constructed "o" Bedrooms Removal Total No. of Very Low income' Lower Income Low -Mod Incomes Totals, Very Low Income Lower Income Low -Mod Income Total Destroyed or Removed Subject to (a, b)° Bedrooms Providediz 1989 -90= 1990 -91 NO ACTIVITY 1991 -92 1992-93 1993 -94 1994 -95 1995 -96 1996 -97 Total ' Complies with CCRL Section 33413(a), (c), (d)(1), and 33334.5. The Agency shall require that the aggregate number of replacement units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. Project Area adoption or January 1, 1978, whichever is later. ' As defined by Health b Safety Code Section 50105 4 As defined by Health b Safety Code Section 50079.5 ' As defined by Health 6 Safety Code Section 50093 ° From low- moderate - income housing market, as part of a redevelopment project. If units planned for destruction or removal, locations for suitable replacement units must be idenlified. ' Replacement units must be provided within four years of removal or destruction. ' a. written Agreement with Agency. , b. Financial Assistance Provided by Agency. ° Within territorial jurisdiction of Agency; must be an equal number of replacement units as those destroyed or removed provided within 4 years of removal. 10 when units are destroyed or removed after 911/89, 75% of the replacement units shall replan dwelling units available at affordable housing cost in the same level of very low income households, lower income households, and persons and families of low and moderate income, a the persons displaced from those displaced units. " Reference CCRL Section 33413(c) for applicable covenants. 12 Must be an equal or greater number of bedrooms as those removed or destroyed. Moorpark Redevelopment Agency 21 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 9A ESTIMATED TOTAL NO. OF UNITS TO BE DESTROYED OR REMOVED ° AND ESTIMATED NUMBER OF REPLACEMENT DWELLING UNITS 1995-1999, Total Monitoring No. of Units to be Destroyed No. of No. of Units To Be Total Project Area Status or Removed Affeding2 Bedrooms Destruction/ Removal Rehabed, Developed, or Constructed' Np. of to be Subject to Bedrooms Deficit10" Surplus Destroyed (a b)s IO be (it any) (if any) Very Low Lower Low -Mod Total Very Low Lower Low -Mod _ Total. Replaced Provided' Income' Income' Incomes Income Income Income Units Bedrooms Units Bedrooms Balance Forward 1997 -98 NO ACTIVITY 19913 -99 Totals ' Complies with CCRL Section 33413(a) 6 (c), 33490(a)(3). The Agency shall require that the aggregate number of replacement units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. ° From low- moderate - income housing market, as part of a redevelopment project. If units planned for destruction or removal, Iccalioris for suitable replacement units must be identified. 3A defined by Health d Safety Code Section 50105 ' As defined by Health b Safety Code Section 50079.5 s As defined by Health & Safety Code Section 50093 ° a. Written Agreement with Agency. b. Financial Assistance Provided by Agency. ' Within territorial jurisdiction of Agency; must be an equal number of replacement units as those displaced. ° Replacement units must be provided within four years of displacement. ° Must be an equal or greater number of bedrooms as those removed or destroyed. 10 When units are displaced after 9/1/89, 75% of the replacement units shall replace dwelling units available at affordable housing cost in the same level of very low income households, laver income households, and persons and families of low and moderate income, as the person displaced from those displaced units. " Reference CCRL Section 33413(c) for applicable covenants. Moorpark Redevelopment Agency 22 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 10 TOTAL UNITS DEVELOPED AND SUBSTANTIALLY REHABILITATED INSIDE PROJECT AREA BY AGENCY' PROJECT AREA ADOPTION THROUGH 1997 Type of Construction Units Made Available at Cumulative Pro' Affordable Housing Cost' Area Status 1 2 3 Very Low' Low - Moderates Deficit Surplus Difference87 (if any) (if any) (Deficit + /( -) Surplus) New Substantial Rehab' Required to be Actual Required to be Actual Year Construction Total 15% of Units 15% of Units Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Multi -Family Single- Family column 3 Restricted column 3 Restricted 1989 -90' 1990 -91 NO ACTIVITY 1991 -92 1992 -93 1993 -94 1994 -95 1995 -96 1996 -97 Totals ; J�.j,,.h•. ' Compliance with Sections 33413(b)(1) a (c), 33490(a)(2)(A)(ii) a 33413(d)(1). The Agency shall require that the aggregate number of inclusionary units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). New and/or substantially rehabilitated units may be aggregated in one or more Project Areas, subsequent to findings pursuant to CCRL Section 33413(b)(2)(A)(v). The Agency may cause, by agreement or regulation, to be available, at affordable housing costs, to persons and families of low, moderate or very low income households, two units outside the Project Area for each unit that otherwise would have had to be available inside the Project Area. If this provision is applicable inclusionary credit must be calculated accordingly in the % of units made available at affordable Income levels. Data compiled and analyzed by Urban Futures, Inc., in coryunction with City /Agency slaty. Project Area adoption. G helanlial Aahah "1 "tat'n a rahnhililalinn !ha Oahu of ,uhirh rnnalilidna 759L nr fha aNar rahahilASlinn ,h- n11ha Awallinn "nrl ,e n/ Ihn InM nnl�. r..Jp 1.. .a� /a 1.. f N • -th 4 Y Y �I eiMla rs...�A. , wifh 1 nr 7 , e, Je1 nl� • atM • nn�g`� a LNan lu,. 1G0] +1� r • la.a9�y� das,�r As defined by Health a Safety code Section 50105. ' As defined by Health a Safely Code Section 50079.5. Low - Moderate as defined by Health a Safety Code Section 50093. ° Calculated on a cumulative year-to-year basis. r See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) and 33334.2 and/or 33334.6). Moorpark Redevelopment Agency 23 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 10A TOTAL UNITS DEVELOPED AND SUBSTANTIALLY REHABILITATED OUTSIDE PROJECT AREA BY AGENCY PROJECT AREA ADOPTION THROUGH 1997 Type of Construction Units Units Made Available at Cumulative Pro' Housing Cost' Area Status 1 2 3 Very Low' Low - Moderates Deficit Surplus Differences' (if any) (if any) (Deficit + /( -) Surplus) New Substantial Rehab Required to be Actual Required to be Actual Year Construction Total Total 15% of Units 15% of Units Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Single -Famiy column 3 Restricted column 3 Restrictedr' 1989 -90' 1990 -91 NO ACTIVITY 1991 -92 1992 -93 1993 -94 1994 -95 1995 -96 1996 -97 Totals ' Compliance with Sections 33413(b)(1) d (c), 33490(a)(2)(A)(i) 6 33413(d)(1). The Agency shall require that the aggregate number of inclusionary units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). New and/or substantially rehabilitated units may be aggregated in one or more Project Areas, subsequent to findings pursuant to CCRL Section 33413(b)(2)(A)(v). The Agency may cause, by agreement or regulation, to be available, at affordable housing costs, to persons and families of low, moderate or very low income households, two units outside the Project Area for each unit that otherwise would have had to be available inside the Project Area. If this provision is applicable inclusionary credit must be calculated accordingly in the % of units made available at affordable income levels. Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. 2 Project Area adoption. 2 fha �nl ,a of uA1i'h �nne1'1 Ine 75K of /l.n nNnr rnhuh:l... in vat f Ihn rh, II'ng —hicu We e 1 A nh 1Y 1 �L g -.. N' f 'ly _,u.1 -'1h 1 .:4- ra...;� w :..o- 4 . - w.9- wfR..ed 'As defined by Health & Safety Code Section 50105. ' As defined by Health S Safety Code Section 50079.5. Low - Moderate as defined by Health 3 Safety Code Section 50093. ' Calculated on a cumulative year- to-year basis. ' See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) and 33334.2 and/or 33334.8). Moorpark Redevelopment Agency 24 Five -Year Implementation Plan Midterm Update December 3, 1997 Moorpark Redevelopment Agency 25 TABLE 10B ESTIMATE OF TOTAL UNITS TO BE DEVELOPED AND SUBSTANTIALLY REHABILITATED INSIDE PROJECT AREA BY AGENCY' 1998 -1999 Type of Construction Units Made Available at Cumulative Project Affordable Housing Cost' Area Status 1 2 3 Very Low' Low' - Moderates Deficit Surplus Difference87 (it any) (if any) (Deficit + /( -) Surplus) New Substantial Rehab Required to be Actual Required to be Actual Year Construction Total 15% of Units 15% of Units Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Multi- Famity Single Family column 3 Restricted column3 Restricted Balance Forward 199-98 NO ACTIVITY 1998 8 -99 Totals Compliance with Sections 33413(b)(1) 6 (c), 33490(a)(2)(A)(i) 6 33413(4)(1). The Agency shall require that the aggregate number of inclusionary units remain available at affordable housing Costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. r • ]SOL nr rh. nxnr rnnnnturar�.n ..e�..e ..r rr.e rA.,e rig ,..��.. r rw �a..w I -r .. ,.� p -' ly adsas - S �. fjpgin fvni� . nira u,i1A '1 nr , n�1e 2011a" .nnnw�I�rnrM . na egg 'As defined by Health d Safety Code Section 5011)5 Y n eta Fxa'Iit le _ y 1 17 a,J�1s .ell.. rnhshJilaraA^ n L 're Annnd� Y ' As defined by Health b Safety Code Section 50079.5 As defined by Health 6 Safety Code Section 50093 ' Calculated on a cumulative year- to-year basis. r See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) and 33334.2 andlor 33334.8). Moorpark Redevelopment Agency 25 Five -Year Implementation Plan Midterm Update December 3, 1997 Moorpark Redevelopment Agency 26 TABLE 10C ESTIMATE OF TOTAL UNITS TO BE DEVELOPED AND SUBSTANTIALLY REHABILITATED OUTSIDE PROJECT AREA BYAGENCYI 1998 -1999 Type of Construction Units Made Available at Cumulative Project Affordable Housing Cost' Area Status 1 2 3 Very Low1 Low' - Moderates Deficit Surplus Difference°•' (if any) (if any) (Deficit +i(-) Surplus) New Substantial Rehab' Required to be Actual Required to be Actual Year Construction Total 15% of Units 15% of Units Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Mufti -Family Single Family column 3 Restricted column3 Restricted Balance Forward 1997 -98 NO ACTIVITY 1998 -99 Totals :... ' Compliance with Sections 33413(b)(1) 6 (c), 33490(a)(2)(A)(ii) b 33413(d)(1). The Agency shall require that the aggregate number of inclusionary units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time, as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. r. no Agency ' AS defined by Health 6 Safety Code Section 50105 a .;.ra . FHvfiv la... u... 1 1007 'a h,m..easv ' As defined by Health & Safety Code Section 50079.5 ' As defined by Health & Safety Code Section 50093 ° Calculated on a cumulative year - to-year basis. ' See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) and 33334.2 and/or 33334.8). Moorpark Redevelopment Agency 26 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 41 ALL NON - AGENCY DEVELOPED AND SUBSTANTIALLY REHABILITATED DWELLING UNITS' PROJECT ADOPTION THROUGH 1997 Non - Agency Developed Units Made Available Units Developed at Affordable Housing Cost° Cumulative' by Others Project Area Status Very Low' Lour' - Moderate' 1 2 3 (Required to Actual (Required to Actual Annual Deficit Annual Surplus Difference" Substantial Rehab3 be 6% of Units be 9% of - units (if any) (if any) (Deficit +!( -) Surplus) Year New Construction (Total ) column 3) ResMded column 3) Restricted Muni- Family Single Family - Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod 1989, 1990 7 7 .42 .63 .42 .63 1991 3 3 .18 .27 .18 .27 1992 0 1993 5 5 .3 45 .3 .45 1994 1 1 2 .12 .18 .12 .18 1995 0 1996 Q 1997 0 Total 16 1 711 1.02 1.53 '41,02> ' Complies with CCRL Section 33413(b)(2) b (c) 6 (d)(1). The Agency shall require that the aggregate number of replacement units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time as determined by the Agency, except as provided for in CCRL Section 33413(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. ' Project adoption. r . n ..x° u,�re,r ' As defined by Health d Safety Code Section 50105 ' As defined by Health d Safety Code Section 50079.5 'As defined by Health 6 Safety Code Section 50093 ' The Agency may cause, by agreement or regulation, to be available, at affordable housing costs, to persons of low, moderate or very low income households, two units outside the Project Area for each unit that otherwise would have had to be available inside the Project Area. ' Calculated on a cumulative year- to-year basis. ° See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) and 33334.2 and/or 33334.6). Moorpark Redevelopment Agency 27 Five -Year Implementation Plan Midterm Update December 3, 1997 TABLE 11A ESTIMATE OF ALL NON- AGENCY DEVELOPED AND SUBSTANTIALLY REHABILITATED DWELLING UNITS' 1998-1999 Units Required to be No. of Units Available at Affordable Housing Cost Monitoring g Developed by Others Very Low' Low' - Moderate° C4rnu/at%ye Project Area Status° 1 2 3 (Required to Actu a l (Required to Actual Annual Deficit Annual Surplus Difference" Substantial Rehab' Year be 8% of Unite be 9% of Units (if any) (if any) (Deficit ♦ /( -) Surplus) New Construction Total (�h2) column 3) Restricted column 3) Restricted Mu1lF F amily Single Family Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Balance Forward 17 17 1.02 1.53 <1.02> <1.53> <1.02> <1.53> 1998 20 20 1.20 0 1.80 0 <1.20> <1.80> <2.22> <3.33> 1999 150 1 150 9.00 0 13.50 11 <9.00> <2.50> <11.22> <5.83> Total 187 1771871 11.22 0 16.83 11 <12.00> <8.00> ' Complies with CCRL Section 33413(b)(2) b (c) & (d)(1). The Agency shall require that the aggregate number of replacement units remain available at affordable housing costs to persons and families of low, moderate, and very low income households for the longest feasible time as dot. fined by the Agency, except as provided for in CCRL Section 33473(c)(1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. z ._ yqg'. frtyly , w�1A , °v 7 , .al. e. I,Qmtn ei , 7 nQ -111 s i°i_ - Ce_..°:— I__.,_... 1 1007 ° As defined by Health & Safety Code Section 50105 'As defined by Health a Safety Code Section 50079.5 ° As defined by Health a Safety Code Section 50093 ° The Agency may cause, by agreement or regulation, to be available, at affordable housing costs, to persons of low, moderate or very low income households, two units outside the Project Area for each unit that otherwise have had would to ' Calculated on a cumulative year-to-year basis. be available inside the Project Area. ° See 12 series tables for evidence of Agency compliance with inclusionary and LMI spending requirements (CCRL Sections 33413(b)(1) and (2) end 33334.2 and/or 33334.8). Moorpark Redevelopment Agency 28 Five -Year Implementation Plan Update Midterm Update December 3, 1997 TABLE 12 TOTAL AGENCY ASSISTED UNITS PROJECT AREA ADOPTION THROUGH 1997'. 1 2 3 4 Total Units Price Price Price AssistedO Year Restricted Restricted Restricted Year (new const) (sub rehab) (existing) Rehabed3 1989 -90' 1990 -91 NO ACTIVITY 0 1991 -92 0 1992 -93 12 1993 -94 11 1994 -95 0 0 0 0 0' 1995-96 0 1 0 10 11'a' 1996 -97 0 0 0 8 41 Totals 0 1 0' 18 19' Compliance with CCRL Sections 33334.2(a), 33490(a)(2)(A). Includes Agency assisted units inside/outside Project Area: see footnote No. 4. Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. ' Project Area adoption. Does not include units that are defined as substantially rehabed, pursuant to CCRL Sections 33413(b)(2)(A)(ii) and (iv). Effective January 1, 1997, 'substantially rehabilitated' is no longer defined. 4 Agency must have made findings pursuant to CCRL Section 33334.2(8). ' Units included in columns 1, 2 and 3 count for inclusionary credits, pursuant to CCRL Section 33413(b)(1) and (2). See 10 and 11 series tables. Units included in column 4 do not qualify for inclusionary credit. TABLE 12A ESTIMATED TOTAL AGENCY ASSISTED UNITS 1998 THROUGH 1999'' 1 2 3 4 Total Units Price Price Price Assisted 3A Year Restricted Restricted Restricted (new const) (sub rehab) (existing) Rehabed' Balance Forward 1998 0 0 0 12 12 1999 11 0 0 12 23 Totals 11 0 0 24 35 Compliance with Sections 33334.2(a), 33490(a)(2)(A). Includes Agency assisted units inside/outside the Project Area: see footnote No. 3. Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. ' Does not include uruts that are defined as substantially rehabed, pursuant to CCRL Sections 33413(b)(2)(A)(iii) and (iv). Effective January 1, 1997, 'substantially rehabilitated' is no longer defined. 3 Agency must have made findings pursuant to CCRL Section 33334.2(8). 4 Units included in columns 1, 2 and 3 count for inclusionary credits, pursuant to CCRL Section 33413(b)(1) and (2). See 10 and 11 series tables. Units included in column 4 do not quality for inclusionary credit. Moorpark Redevelopment Agency 29 Five -Year Implementation Plan Update Midterm Update CONSISTENCY WITH CITY'S GENERAL PLAN HOUSING ELEMENT December 3, 1997 Section 33413(b)(4)(A) requires that each agency, "...as part of the Implementation Plan required by Section 33490, shall adopt a [Housing Production] Plan...." Section 33413 (b)(4)(A) requires that "The Plan shall be consistent with ... the community's housing element." Additionally, the Plan shall be reviewed and, if necessary, [be] amended at least every five years in conjunction with the housing element cycle. Chapter V of the State's General Plan Guidelines (the "Guidelines ") states that the term "'consistent with "' means "'agreement with; harmonious with. "' The general rule of consistency outlined in the Guidelines is: "An action or a program is consistent with the General Plan if, considering all its aspects, it will further the objectives and policies of the General Plan and not obstruct their attainment." The City's Housing Element includes the following housing related goals: • Ensure adequate provision of decent, safe housing for all Moorpark residents without regard to race, age, sex, marital status, ethnic background or other arbitrary considerations. • Ensure adequate provision of housing allowing maximum choice by type, tenure and location with particular attention to the provision of housing for the elderly, low and moderate income families, handicapped and other households identified as having special housing needs. • Encourage growth within the City through the identification of suitable parcels for residential development, changes in land use patterns and conscientious recycling of property to the highest and best use. • Develop[ing] a balanced residential community which is accessible to employment, transportation, shopping, medical services, governmental agencies and any other services needed for a well- founded community. • Assure the quality, safety, and habitability of housing within the City of Moorpark, and assure the continued high quality and integrity of residential neighborhoods. • Meet the needs of current residents of the City of Moorpark by upgrading affordable, low and moderate income units through improvement of existing housing units and promoting greater housing affordability. • Assure that housing production maintains the integrity of its residential community and also meets its existing and projected housing needs. • Assist in the development of adequate housing to meet the needs of low and moderate income households. - • Encourage regional cooperation in the development of shelters for the homeless. Moorpark Redevelopment Agency 30 Five-Year Implementation Plan Update Midterm Update December 3, ] 997 Where appropriate and legally possible, remove unnecessary governmental constraints to the maintenance, improvement and development of housing. • Promote equal housing opportunities. In compliance with Section 33490, the Agency has developed, and included in Section IV of this Implementation Plan, a series of goals and objectives specific to the Project Area. Included in Section IV is the following housing specific goal and related objectives: Goal No. 4 Promote affordable housing and residential support services and programs Objectives: a. Provide that at least 15% of all new and substantially rehabilitated dwelling units developed within the Project Area by public or private entities or persons other than the Agency shall be at affordable housing cost to persons and families of low or moderate income. b. Work with City to ensure a balanced land use mix and to develop infill residential development in the downtown area. C. Sponsor housing rehabilitation programs in the Project Area specifically and City- wide, as appropriate. d. Actively pursue First Time Homebuyer Programs with various lending institutions and other programs when applicable. e. Encourage development of senior housing, both rental and ownership. Provide assistance to developers where possible when affordability covenants can be secured. g. Work with City staff on ongoing code enforcement program related to residential units. h. Develop and work with "self help" programs to increase home ownership opportunities for low, very low income families. Work with the City to develop Parks and Service Facilities that serve the Project Area. Inasmuch as 1) the Agency is working to provide affordable housing for all income levels and most specifically housing for persons of very low, low and moderate incomes, and 2) the Agency is required to spend no less than 20% of all tax increment monies on affordable housing programs, and 3) the Agency had identified in Section VI of this Implementation Plan, those housing projects and programs and the number of dwelling units that it projects to develop, rehab or assist development of, the Agency hereby determines that its proposed Moorpark Redevelopment Agency 31 Five-Year Implementation Plan Update Midterm Update December 3, 1997 housing five year goals and objectives, ongoing activities, and housing production plan, as outlined in Section VI of this Implementation Plan, are consistent with the housing element of the City's General Plan. Since adoption of the Plan, the City has not updated its Housing Element. A review of consistency will be required for the next Plan Update, as under State housing law, jurisdictions in the region are required to update their housing elements by June, 1999. LOW AND MODERATE INCOME HOUSING FUND Section 33490(a)(2)(A)(i) of the CCRL requires that each agency show the amount of money available in the Low and Moderate Income Housing Fund (LMI Fund) and the estimated amounts which will be deposited in the LMI Fund during each of the next five years (1995- 1999). Estimated tax increment deposits are equal to 20% of the projected gross tax increment for the Project Area, based on a 2% annual increase in assessed valuations. Section 33490(a)(2)(A)(ii) of the CCRL requires that an agency provide an estimate of the expenditures of monies from the LMI Fund during each of the five years. Table 13 is included herein for the purpose of providing the required analysis. The 1994 -95 column of Table 13 shows the Agency beginning the 1995 -1999 period with a balance of $649,792 $448,8276; inclusive of all projected receipts the Agency will have a $919,829 $981,834 fiscal year income. With expenditures of $325,499 $312,989 the Agency pFejesta had a 1994 -95 fiscal year ending balance of $694,429 $668,845. For the five -year period the Agency projects an ending balance of $29,095. $599,162 Table 13 shows that the Agency will is projected to receive a total of $1,443,237- $1,962,216 in tax increment and interest earned over the five year period; total LMI fund related expenditures are projected to be $2,955,945 $806,614. The Agency's expenditures on LMI housing programs meets or exceeds the 20% use obligation requirement established by CCRL, Section 33334.2. 6Please note that in 1994 when the Plan was adopted, the FY 1994 -95 Yearly Beginning Balance was an estimated number, which was subsequently redefined as shown. , Moorpark Redevelopment Agency 32 Five -Year Implementation Plan Midterm Update E TABLE 13 ESTIMATED AGENCY LMI FUND RECEIPTS AND EXPENDITURES 1995 -1999 Fiscal Year Fund Activity Five -Year Total Actual Expenditures Estimated 1994 -95 1995 -96 1996 -97 1997 -98 1998 -99 Yearly Beginning Balances' 448,8273 668,845 822,547 1,305,837 954,913 Estimated Receipts A. Tax Increment 312,989 266,995 389,345 397,1325 405,0755 B. Interest Income 17,774 38,218 44,010 44,8905 45,7885 C. Transfers In 202,244 196,649 305,997 0 0 Totals 981,834 1,170,707 1,561, 899 1,747,859 1,405, 776 Estimated Expenditures A. Programs & Projects 156,961 191,452 100,076 636,853 649,590 B. Debt Service Pmts. 156,028 156,708 155,986 156,094 157,024 Totals5 312,989 348,160 256,062 792,947'' 806,614 Ending Balances' 668,845 1 822,547 1 1,305,837 954,912 599,162 Complies with CCRL Sections 33490(a)(2)(A)() and (i). Balance forward from 1993 -94. Includes bond proceeds as applicable. Excludes value of land purchased with LMI funds for Gisler Field in the amount of $1,500,000. Balance forward to year 2000. ' Projects 2% growth. December 3, 1997 Moorpark Redevelopment Agency 33 Five -Year Implementation Plan Update Midterm Update December 3, 1997 TEN -YEAR AND LIFE -OF- THE -PLAN HOUSING REQUIREMENTS Section 33490(a)(2)(B) of the CCRL requires that: (B) For each project area to which subdivision (b) of Section 33413 applies, the section addressing the agency developed and project area housing shall contain: (i) Estimates of the number of new, substantially rehabilitated or price- restricted residential units to be developed or purchased within one or more project areas, both over the life of the plan and during the next 10 years. (ii) Estimates of the number of units of very low, low, and moderate income households required to be developed within one or more project areas in order to meet the requirements of paragraph (2) of subdivision (b) of Section 33413, both over the life of the plan and during the next 10 years. As part of the Update, Agency staff reviewed the following ten -year projections. Staff determined that the projection remain on target; therefore, the following projections have not be altered in this Update. City staff estimates that build -out in the Project Area will add no more than 200 new units. As previously shown on Table 11, column 3, 17 units have been built in the Project Area since its adoption in 1989; no units have been price - restricted to date. Although the Agency anticipates the development of at least ferty-(410) eleven (11) price- restricted units by 1999. , [ S]taff currently projects that no upwards to 200 new units will be constructed or substantially rehabilitated in the next 10 years and over the life of the Plan by the Agency. As such, the inclusionary requirements established in 33413(b)(1) will ae>: require that any a total of thirty (30) units be available at affordable housing cost. Applying the 15% inclusionary requirement established in Section 33413(b)(2) of the CCRL, 30 new units will have to be available at affordable housing cost over the life of the Plan if build -out occurs during the life of the Plan. This number includes those units required to be built to mitigate the existing deficit of 2.55 units. The Agency anticipates assisting the development of at least #ert(4G) eleven (11) units and will assist development of any additional required units during the next ten years and over the life of the Plan as is necessary in order to ensure affordable housing cost and that the appropriate number of restricted units is available to persons or families of low or moderate income. Moorpark Redevelopment Agency 34 Five -Year Implementation Plan Update Midterm Update VIII. CONCLUSION December 3, 1997 The Implementation Plan prepared for the Moorpark Redevelopment Project describes the programs which the Agency proposes to undertake during the next five years in order to assist in the alleviation of blighting conditions existing in the Project Area and to increase the community's supply of affordable housing. Redevelopment is, however, a very fluid process subject to a myriad of changing issues and the forces of market dynamics. For these reasons a provision for review and amendment to the Implementation Plan has been included in AB 1290 legislative reforms. The law requires that the plan be the subject of periodic public review. This review must be held in a noticed public hearing at least once during the five -year period, no earlier than two years and no later than three years after adoption of the plan. In addition'to the mandated review, the Agency may review and amend the plans, goals, objectives and programs and expenditures (following a noticed public hearing) at any time conditions require such an amendment. 01.AB1290/M P.11 /20/97. U PDATE Moorpark Redevelopment Agency 35