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HomeMy WebLinkAboutRES RD 1994 31 1994 1207RESOLUTION 94 -31 A RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY ADOPTING AN IMPLEMENTATION PLAN FOR THE MOORPARK REDEVELOPMENT PROJECT AREA WHEREAS, California Health and Safety Code (the "Code ") Subsection 33490(a)(1) requires that: 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 projects and expenditures proposed to be made during the next five years, and an explanation of how the goals and objectives, projects and expenditures will eliminate blight within the project area. WHEREAS, the Code, specifically subsection 33490(d), requires Notice of public hearings 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. WHEREAS, on December 7, 1994, the Moorpark Redevelopment Agency (the "Agency ") conducted and concluded the above - referenced duly noticed public hearing. WHEREAS, all legal prerequisites to the adoption of this Resolution have occurred. NOW, THEREFORE, the Moorpark Redevelopment Agency resolves: Section 1. Pursuant to California Health and Safety Code Section 33490, the Agency hereby adopts the Agency's Five Year Implementation Plan, attached hereto as Tab No. 1 of the Agency's AB 1290 Compliance Program Hearing Binders and incorporated herein by reference, as the Implementation Plan for the Moorpark Redevelopment Project Area. PASSED APPROVED AND ADOPTED on this 7th day of December 1994. By: Paul Lawras n Jr. Chairman ATTEST: t4� Lillian Hare Secretary MENt4 s ESTA (SHED * MARCi i 13. 1967 �,cg11 F 0 *P QP�� \clTy OF SGH163- 11/16/90 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Lillian E. Hare, Secretary of the Redevelopment Agency of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 94 -31 _ was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 7th day of DECEMBER , 1995, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN: this 6th AGENCY MEMBERS HUNTER, MONTGOMERY, PEREZ, WOZNIAK AND CHAIRMAN LAWRASON NONE NONE NONE WITNESS my hand and the official seal of said City day of JANUARY 1995. illian E. Hare Secretary (Seal) ����pPMENT� c� ESTABLISHED * umcm 18. 1987 r cqC /FORN�P tiF c /T1' OF Moorpark Redevelopment Agency FIVE YEAR IMPLEMENTATION PLAN 1995-1999 Prepared By: URBAN FUTURES, INC. In Conjunction With: THE MOORPARK REDEVELOPMENT AGENCY November 1994 Moorpark Redevelopment Agency FIVE YEAR IMPLEMENTATION PLAN 1995-1999 Prepared By: URBAN FUTURES, INC. In Conjunction With: THE MOORPARK REDEVELOPMENT AGENCY November 1994 III. IV. V. VI VII TABLE OF CONTENTS Page INTRODUCTION 1 General 1 Implementation Plan 1 CHRONOLOGY OF THE MOORPARK REDEVELOPMENT AGENCY 2 AND INVENTORY OF PRE AB 1290 AGENCY PURPOSES & OBJECTIVES AND ACCOMPLISHMENTS COMPLYING WITH ARTICLE 2 OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW IDENTIFICATION OF KEY BLIGHTING CONDITIONS 5 PROPOSED AGENCY FIVE YEAR GOALS AND OBJECTIVES 6 PROPOSED AGENCY PROGRAMS AND RELATED 10 EXPENDITURES - 1995 TO 1999 PRODUCTION, IMPROVEMENT AND PRESERVATION OF 13 AFFORDABLE HOUSING Agency Compliance Requirements 13 Agency Implementation of Affordable Housing Programs 15 Housing Analysis 17 Consistency with City's General Plan Housing Element 28 Low- and Moderate - Income Housing Fund 30 Ten Year and Life of the Plan Housing Requirements 32 CONCLUSION 32 01 .MP.11/29/84 - MP -IMPIE Figure LIST OF FIGURES Moorpark Redevelopment Project Area O1 .MP.11 /29184 - MP -IMPLE Page LIST OF TABLES Table Page 1 Moorpark Redevelopment Plan Facts 2 2 Inventory of Pre AB 1290 Agency Accomplishments 4 3 Non - Agency Assisted Projects 5 4 Post AB 1290 Blight Conditions Remaining Within the Project Area 6 5 Goals Nexus to Blight Elimination (Post AB 1290) 9 6 Proposed Yearly Program Expenditures - 1995 to 1999 11 7 Programs and Expenditures Nexus to Blight Elimination (Post AB 1290) 12 8 Housing Programs Descriptions /Status (1995 -1999) 16 9 Total No. of Units Destroyed or Removed and Inventory of Replacement 18 Dwelling Units Provided (Project Adoption Through 1994) 9A Estimated Total No. of Units to be Destroyed or Removed and Estimated 19 Number of Replacement Dwelling Units (1995 -1999) 10 Total Units Developed and Substantially Rehabilitated Inside 20 Project Area by Agency (Project Area Adoption Through 1994) 1 O Total Units Developed and Substantially Rehabilitated Outside 21 Project Area by Agency (Project Area Adoption Through 1994) 10B Estimate of Total Units to be Developed and Substantially 22 Rehabilitated Inside Project Area by Agency (1995 -1999) 10C Estimate of Total Units to be Developed and Substantially 23 Rehabilitated Outside Project Area by Agency (1995 -1999) 11 All Non - Agency Developed and Substantially Rehabilitated 24 Dwelling Units (Project Adoption Through 1994' 11A Estimate of All Non - Agency Developed and Substantially 25 Rehabilitated Dwelling Units (1995 -1999) 12 Total Agency Assisted Units (Project Area Adoption Through 1994) 26 12A Estimated Total Agency Assisted Units (1995 Through 1999) 27 13 Estimated Agency LMI Fund Receipts and Expenditures 31 (1995 -1999) 01.MP.1 1/29/84 - MP -IMPLE THE MOORPARK REDEVELOPMENT AGENCY'S FIVE YEAR IMPLEMENTATION PLAN 1995- 1999 I. INTRODUCTION General 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 (CRA). 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, and generally 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. In September, 1994, Governor Wilson signed emergency legislation intended to "clean -up" ambiguities and inconsistencies contained in the Bill; SB 732 affected numerous clarifications and modifications to the Bill and every attempt has been made to comply with the revised legislation. Implementation Plan One of the provisions of the Bill is the requirement that each agency adopt a five -year Implementation Plan. The requirement for implementation plans reflects a strong legislative concern that redevelopment activities should be connected with the blight that justified adoption of the redevelopment plan in the first place. The Implementation Plan is one of several requirements which now direct that redevelopment activities be linked to elimination of blight; agencies need to constantly evaluate their activities to ensure 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. In addition, at least once during the five -year period, a public hearing on the Implementation Plan is required. Among other requirements, the adopted 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) and implement the requirements of 33334.2, 33334.4, 33334.6 and 33413. The Implementation Plan required of agencies with existing project areas must describe how the agency will implement both the requirement to increase, improve and preserve low and moderate income housing and satisfy the inclusionary housing requirement. The section of the Plan addressing the Low and Moderate Income Housing Fund must contain the amount available in the Low and Moderate Income Housing Fund and the estimated amounts which will be deposited in the Low and Moderate Income Housing Fund during each of the next five years and WWI 1129194 - MP -IMPL£ estimates of the expenditures of moneys from the Low and Moderate Income Housing Fund during each of the five years. K the Implementation Plan contains a project that will result in the destruction of low or moderate income housing, a separate replacement housing plan must be prepared by an agency that, among other requirements, identifies proposed locations for the replacement dwelling units pursuant to Section 33413.5. (This plan must be prepared not less than 30 days prior to the execution of an agreement for the acquisition of real property, or other specific agreements.) II. CHRONOLOGY OF THE MOORPARK REDEVELOPMENT AGENCY AND INVENTORY OF PRE AS 1290 AGENCY PURPOSES & OBJECTIVES AND ACCOMPLISHMENTS COMPLYING WITH ARTICLE 2 OF THE CALIFORNIA COMMUNITY REDEVELOPMENT LAW In 1987 the Moorpark Redevelopment Agency (the "Agency ") was established for the primary purpose of providing a vehicle to be used for the elimination of blighting conditions and thus ensure that the City's economic base would prosper. Growth would occur primarily through the development of new public improvements, commercial and industrial projects, and affordable housing. In 1989 the Redevelopment Plan (the "Plan ") for the Moorpark Redevelopment Project was adopted (see Table 1; Figure 1). TABLE 1 MOORPARK:REDE'VEL42101BIT PLAN FACTS Adoption Date: July 5, 1989 Ordinance # 110 Term of Plan (1) Pre AS 1290 45 years (2) Post AS 1290: 40 years (2029) Total Project Area 1 217 acres Base Year 1988 -89 The Redevelopment Plan has been the subject of a law suit which was only resolved in June, 1993. The Agency neither expended any funds or even retained staff prior to the successful conclusion of the lawsuit. Since July 1993, the Moorpark Redevelopment Agency has, both unilaterally and through participation in joint public /private partnerships, helped to complete a number of highly successful projects and programs geared towards economic revitalization and Project Area blight reduction. Those projects (both housing and non - housing) are described on Table 2. 01 .MP.11 /29/84 - MP -IMPLE -7 JL — A LJ . . - - - - - - - - - - - - - - - - -. -- Prepared By: N Urban Futures, Inc. 3111 N. Tustin Ave—Ste. 230 + mprpas Orange, CA 92665 Not to SL-ale 4� Source: Urban Futures, Inc., 10/29/94 Moorpark Redevelopment Agency I Moorpark Redevelopment Project Area Legend El Redevelopment Project Area (Approximate Project Boundaries) Moorpark City Limits November 1994 Figure 1 9 d 2. -------------- -�J e C, -7 JL — A LJ . . - - - - - - - - - - - - - - - - -. -- Prepared By: N Urban Futures, Inc. 3111 N. Tustin Ave—Ste. 230 + mprpas Orange, CA 92665 Not to SL-ale 4� Source: Urban Futures, Inc., 10/29/94 Moorpark Redevelopment Agency I Moorpark Redevelopment Project Area Legend El Redevelopment Project Area (Approximate Project Boundaries) Moorpark City Limits November 1994 Figure 1 TABLE 2 INVENTORY OF PRE AS 1290 AGENCY ACCOMPLISHMENTS 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 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 1KEY a. Funding b. Recruitment C. Business Retention /Development d. Fund Raising e. Housing Opportunities ISource: City of Moorpark Redevelopment Agency, September 1994. 01 .MP.1 2108184 - MP- IMPI,.E 4 III. IDENTIFICATION OF KEY BLIGHTING CONDITIONS The adoption of AB 1 290 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 on the Redevelopment Plan for the Moorpark Redevelopment Project. 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 Table 2) and those projects described below (Table 3) tnat have been implemented without Agency assistance, 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 1 290 related legislative reforms; Health and Safety Code Sections 33030 and 33031 are mcoroorated herein by reference. TABLE 3 NON - AGENCY ASSISTED PROJECTS Mission Bell Plaza 120,000 sq.ft. K -Mart Shopping Center on Los Angeles Avenue Arco Mini -Mart 2,800 sq.ft. Gas station and food store on the southwest corner of ­-i Argeles Avenue and Moorpark Avenue McDonald's Restaurant on the northeast corner of Spnnq and New Llls 3,200 sq.ft. Angeles Avenue Calvico Industrial Building on Los Angeles Avenue at CG;ndor Or ve 91,500 sq.ft. Industrial Park, 30 industrial buildings on 13 acres off V;)uree 1 Drive and 200,000 sq.ft. Los Angeles Avenue Industrial Building on Commerce Drive 27,000 sq.ft. 01 MP 1 2/08/84 MP IMPLE 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 AB 1290 BLIGHT CONDITIONS REMAINING WITHIN THE PROJECT AREA BLIGHT DEFINITION PHYSICAL (33031 (a)) • Unsafe Buildings • Obsolescence • Lack of Parking • Incompatible Land Uses • Irregularly Shaped Parcels • Inadequately Sized Parcels ECONOMIC (33031(b) • Depreciated or Stagnant Property Values • Economically Obsolete Buildings /Lots • Higner C, ime Rate • Inadequate Public Improvements • Abnormally High Business Vacancies • Abnormally Low Lease Rates IV. PROPOSED AGENCY FIVE -YEAR GOALS AND OBJECTIVES Section 33490(a)(1)(A) of the CCRL states that the Implementation Plan shall contain the specific goals and objectives of the Agency for the Project Area. The Moorpark Redevelopment Agency has outlined the following specific Goals and Objectives intended to remedy the remaining blighting conditions within the Project Area. 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 of ()the- appropriate programs. 01 .MP 12/09/84 - MP IMPLE 6 Goa/ 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. e. Continue efforts to complete resign and construction of the downtown park, Gisler 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. Goa! 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. Goa/ 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 thF� downtowns area. 01.MP.12/08,84 MP IMPLE 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 on -going code enforcement program related to residential units. h. Develop and work with "self help" programs, if applicable, to increase home ownership opportunities for low, very low income families. i. Work with the City to develop Parks and Service Facilities that serve the Project Area. Section 33490(a)(1)(A) of the CCRL requires that the Implementation Plan prepared by each Agency provide explanation of how the "program and expenditures 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, as defined within CCRL Sections 33030 and 33031, within the Project Area. O1 .MP.11129184 - MP -IMPLE 8 -TABLES .... - QQAL * NE f3 0 WONT: t EWA. INATION IPQ$T AS 1290) . Physical Conditions Economic Conditions Infrastructure Goals' Unsafe Physical Incompatible Irregular Low Property Economical Higher Abnormally Abnormally Inadequate Buildings Obsolescence Uses Lots Values /Hazardous Obsolescence Crime High Low Public Waste Rate (In Business Lease Improvements Project Area) Vacancies Rates 1. Work with City and Chamber of Commerce 0 0 0 ♦ 0 0 0 0 0 0 to Preserve /Enhance Prosperity of Community, Aid Business Development & Retention 2. Work with the City and Chamber of 0 0 0 0 0 0 0 0 0 0 Commerce to develop an implementation strategy for Downtown revitalization. 3. Promote adequate infrastructure for 0 0 0 0 business development. 4. Promote Affordable Housing and residential 0 0 e • 0 0 • • • • support services and programs ' Complies with CCRL Section 33490(a)(1)(A). 7 Objectives are not shown here. For purposes of this matrix attainment of Agency goals assumes realization of each of those objectives previously defined in Section II of this Implementation Plan. 01 .MP.11129/84 - MP -IMPLE g V. PROPOSED AGENCY PROGRAMS AND RELATED EXPENDITURES - 1995 TO 1999 Section 33490(a)(1) (A) of the CCRL requires that the Implementation Plan prepared and adopted by each Redevelopment Agency contain "...the specific Program, including potential projects, and estimated expenditures proposed to be made during the next five years... ". Identified in Table 6 are the proposed projects, programs and projected total expenditures that are proposed by the Agency to achieve its five -year specific goals and objectives, thereby alleviating those blighting conditions remaining in the Project Area. Annual amounts available for expenditure are from projected tax increment revenues, based on the current Project Area assessed valuation for the fiscal year ending 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 5 are net of any debt service payments. Projected costs are shown on a yearly basis for the five year period. 199E -1999. Total projected expenditure for the five year period is $9,724,000 As shown in the % column of Table 6, the Agency is allocating the largest amount of funds available between FY 1994 -95 and FY 1998 -99 towards infrastructure improvement projects (59.5 %), followed by community facilities 119.6 %), community development (16.3 %) and housing (4.6 %). Please note these numbers do 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 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. 0' MP 12108;84 . MP.iMPt_E 10 TABLE 6 PROPOSED YEARLY PROGRAM EXPENDITURES 1995 TO 1999' Program Expenditures' Fiscal Year Total' % of Total 1994 -95 1995 -96 1996 -97 1997 -98 1998 -99 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 4.6' Community Development 250,000 300,000 350,000 350,000 1,250,000 16.3 TOTALS' 799,000 1,330,000 1,585,000 1,840,000 2,095,000 7,649,000 100.0 omplie with CCRI Section 334901a1I111A1 reference the Agency's ProjectslPrograms list Included as Appendix B of the Agency's Heport to the City Council on the Redevelopment Plan for the Proposed Moorpark Redevelopment Project and txhibit of the L ity s L apital Improvement Projects LIST Tor 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. O1.MP.12/08/84 MP -IMPLE 11 Section 33490(a)(1)(A) of the CCRL requires that the Implementation Plan prepared by each Agency provide explanation of how the "program and expenditures will eliminate blight within the Project Area ". Table 7 shows the relationship of the proposed programs to the eradication of remaining blight, as defined in Sections 33030 and 33031 of the CCRL, within the Project Area. TABLE 7 PROGRAMS AND EXPENDITURES NEXUS TO BLIGHT ELIMINATION (POST AB 1290)' Physical Conditions Economic Conditions Infrastructure Program and Expenditures' Unsafe Buildings Physical Obsolescence Incompatible Uses Irregular Lots Low Property Values /Hazardous Waste Economic Obsolescence Higher Crime Rate in Project Area Abnormally High Business Vacancies Abnormally Low Lease Rates Inadequate Public Improvement s Infrastructure Community Facilities e e e e e e e e e e e e e e e e Housing e e e e e e e e Economic Development e e e e e e e e e e Complies with CCRL Section 33490(a)(1)(A1 ' Reference Section V, Proposed Agency, Programs and related expenditures for a projected expenditures analysis and estimated cost for each program. 01 MP.12/08/84 - MP IMPLE 12 VI PRODUCTION, IMPROVEMENT AND PRESERVATION OF AFFORDABLE HOUSING 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 very low -, low- and moderate - income housing. This goal is accomplished, in part, through the execution of three 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 housing units constructed or substantially rehabilitated within a redevelopment project area are affordable to very low -, low- and moderate - income persons and families (the "inclusionary rule ", CCRL 33413[bl(1 D; • 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 3341 3[b][21). Section 33413(b)(4) requires that as part of the implementation plan an agency adopt a plan to comply with the requirements of the inclusionary rule. In addition, Sections 33413.5 and 33334.5 requires replacement housing plans for compliance with the replacement rule. 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 cost' to persons and families of low- and moderate- ' As defined in Health and Safety Code Sections 50052.5 and 50053. 01 .MP.11/29/84 - MP -IMPIE 13 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. Terms of Affordability 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. O1 .MP.11 129/84 - MP -IMP! E 14 Section 33490(a)(2)(B) requires that for each project area to which subdivision (b) of Section 33413 applies, the Sectidn 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. Agency Implementation of Affordable Housing Programs Presented on Table 8 is a description of those primary housing programs which the Moorpark Redevelopment Agency expects to begin or continue to develop within the next five years. Other housing programs may be developed it lieu of, or in addition to those included in Table 8. 01 .MP.11 /29184 - MP -IMPIE 15 TABLE $. . .. PROORAM :- :DESCRIPTIONS1STATU$ I 1AAK . . Program Description' Status' First Time Home Buyer 4, 5, 7 b Single Family Residential Rehab 5, 6, 7 e Homeowner Assistance 1, 2, 3, 4, 5, 6, 7 e Rental Subsidy 4, 5, 7 e Self Help 1, 2, 3, 5, 6, 7 c Senior Affordable Housing 1, 4, 7, 8 b Complies with CCRL Section 33413 z Kol I New Construction 2 Significant Rehab 3 Rehab 4 Multi Family 5 Single Family 6 Preservation/Restoration 7 Financial Assistance 8 Development Incentives Key a Available h Planning L Discussion d Implemented e On Going 01.MP.11/29/84 - MP IMPLE 16 Housing Analysis Presented in Tables 9, 9A, 10, 10A, 106, 10C, 11, 11 A, 12 and 12A is an analysis of the Agency's past housing activities and those housing activities projected to occur within the next five years (1995- 1999). The information contained in these tables, in concert with the other parts of this implementation 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 has been 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. Tables 11, 11 A and 12A are discussed below: Table 11 As shown in Table 11, All Non - Agency Developed and Substantially Rehabilitated Dwelling Units, there have been 17 units constructed or substantially rehabilitated in the Project Area since the Plan's adoption in 1989. 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 a cumulative deficit of 1.02 very low income units and 1.53 low- moderate income units. Table 1 1A Table 11 A, Estimate of All Non Agency Developed and Substantially Rehabilitated Dwelling Units, shows a five year projection of future non - Agency development within the Project Area. The Agency currently anticipates the development of at least 40 single family units in the Project Area, all of which will be price restricted, during the next five years. The Agency will cooperate in the development of these units. Less than 1 % of the Project Area is currently vacant and residentially zoned. Staff does not anticipate any non - Agency residential development or substantial rehabilitation within the Project Area in the next five year period other than the 40 units described above. Table 12A As shown in Table 12A, Estimated Total Agency Assisted Units, the Agency is projected to assist 65 units over the next five years. The number of units projected are based upon the Agency's currently planned programs, which anticipates providing assistance toward the development of at least 40 new single family units and rehabilitation assistance to 25 single family units over the next 5 years. O1 .MP.11129/84 - MP -IMPLE 17 e w TABLE 9 TOTAL 111116 0. UNITS DESTROYED OR REMOVED AND INVENTORY OP'99KAOtIONT DWELLING UNITS PROVIDED' . AdOritOM TNgOUGH No. of Units Destroyed or Removed Affecting Total` . No, of BitirooiM* : p01tt0yi)d or liemove Destruction/ Removal Subject to la, bl' No. of Units Rehabed, Developed, or Constructed`101 Total No. of Bedrooms Providejdt? Very Low Lower Income' Income' Low -Mod Income' Total'' Very Low Lower Income Income Low -Mod Income Total 19 ' 19 19 19 19 NO ACTIVITY 19 19 19 1993 -94 Total t,omplias with CCRL Section 33413(a), (c), (d)(1), and 33334.5. the Agency shell require that the aggregate number of replacement units remain avail able 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 3341 3(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 & Safety Code Section 50105 As defined by Health & Safety Code Section 50079.5 As defined by Health & 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 identified. 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. When units are destroyed or removed 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, lower income households, and persons and families of low and moderate income, as the persons displaced from those displaced units. Reference CCRL Section 33413(c) for applicable covenants. Must be an equal or greater number of bedrooms as those removed or destroyed. 01 .MP.11/29/84 - MP -IMPLE 18 TAKE 8A £sT/MAtaO TOTAL NO. OF UNITS TO BE DESTROYED OR REMOVED AND ESTIMATED NUMUR OF RIPLACEMEAT DINELLINO UNIT!i MoNiorN Total Project Ares Status No. of Deficit1' (if any) Surplus (11 any) No. of Units to be Destroyed or Removed Affecting' - Bedrooms to be Destruction/ No. of Unite To Se Rehabad, Developed, or Constructed' Total No. of .. O"orlyed Removal Badroome Very Low Income' lower Income' Low Mod Income' - - -� - -- Total Very Low Income lower Income Low Mod Income Total' Units Bedrooms Units Bedrooms - -- -Or - -' Replaced, Subject to is, bl' to be PiovMed Waive rIXFle,e 1995 1958 NO ACTIVITY 1997 1998 t 999 Totals (.omplloS with CCRL Section 3341 318) & Ic), d3490miji. the Agency shall require that the aggregate number or 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, locations for suitable replacement units must be identified. ' As defined by Health & Safety Code Section 50105 ' As defined by Health & Safety Code Section 50079.5 e 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. 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, lower income households, and persons and families of low and moderate income, as the persons displaced from those displaced units. Reference CCRL Section 33413(c) for applicable covenants. O1.MP.11/29/84 MP-IMPLE 19 TABLE .1 Q . TOTAL uNft, *6 YE 00. AN ;.;"TAI TiA�.LV RPHABILITATW, IM PROJECT AREA BY AGENCY' PAOJfiC G:ARBA.ADOPTION: THROUGH: 199.4 ..:: Units Made Available at Cumulative Project Type of Construction Affordable Housing Cost' Area Status 1 2 3 Deficit Surplus Difference" Very Low' Low - Moderate' (if any) (if any) (Deficit + /( -) Surplus) Substantial Rehab' Required to be Actual Required to be Actual New 15% of Units 15% of Units Year Construction Multi - Family Single Family Total column 3 Restricted column 3 Restricted Very Low Low Mod Very Low Low -Mod Very Low Low -Mod 19 ' 19 19 19 19 NO ACTIVITY 19 19 19 19 1993 -94 Totals Compliance with Sections 33413(b)(1) & (c), 33490(a)(2)(A)(ii) & 3341 Wit 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)(Al(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. Project Area adoption. ' Substantial Rehabilitation means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the dwelling, inclusive of the land. Inclusionary obligation only arises when multi - family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, 'substantially rehabilitated' is no longer defined. As defined by Health & Safety Code Section 50105. ° As defined by Health & Safety Code Section 50079.5. Low Moderate 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 33334.6). 01 .MP, 11/29184 - MP IMPLE 20 TABLE 70A. TOTAL UNITS DEVELOPER ANR SUBSTANTIALLY REHADIlITATED OUTSIRE PROJECT AREA BY AOMOV - .. PAbJECT :AREAApOR TIM THROUGHA084... Type of Construction Units Made Available at Affordable Housing Cost' Cumu /ar/ve Project Area Status 1 2 3 Very Low' Low - Moderate` Deficit (if any) Surplus (if any) Difference" (Deficit + /(•) Surplus) Year New Construction Substantial Reheb3 Total Required to be 15% of column 3 Actual Units Restricted Required to be 15% of column 3 Actual Units Restricted: Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Multi - Family Single Family 19 ' 19 19 NO ACTIVITY 19 19 19 19 19 y `993 94 Compliance with Sections 33413(b)(1) & (c), 334901a►(2)(A)(ii) & 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). Agency must have made findings pursuant to CCRL Section 33334.2(g) to develop units outside Project Area. 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)Iv). 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. l Project Area adoption. ' Substantial Rehabilitation means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the dwelling, inclusive of the land. Inclusionary obligation only arises when multi - family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, 'substantially rehabilitated' is no longer defined. 4 As defined by Health & Safety Code Section 50105. ' As defined by Health & Safety Code Section 50079.5. Low - Moderate 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 33334.6). 0I NP.11 /29/84 MP IMPLE 21 -: TABL E 109 U MATE OF TOTAL UNITS TO I OEVELOPED AND SubsTANTIALLY REHABILITATED 1 I PAO.ACT.AREA 0YAGENCI" . 19961999 Type of Construction Units Made Available at Affordable Housing Cost' Cumulative Project Area Status 1 2 3 Very Low' Low' - Moderate` Deficit (if any) Surplus (if any) Difference" (Deficit + 11 -1 Surplus) Year New Construction Substantial Rehab' Total . Required to be 15% of column 3 Actual Units Restricted Required to be 15% of column3 Actual Units Restricted Very Low Low -Mod Very Low Low -Mod Very Low Low -Mod Multi- Family Single Family alliance forward 1995 1996 NO ACTIVITY 1997 1998 1999 Totals Lompeance with sections J341 J(b)( I I & ICI, sJ4901a112)(Akw & 334131d)t i I. The Agency snail require that the aggregate number of mclusronary 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 3341 31c)( 1)(2). Data compiled and analyzed by Urban Futures, Inc., in conjunction with City /Agency staff. 'Substantial Rehabilitation' means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the dwelling, inclusive of the land. Inclusionary obligation only arises when multi- family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, 'substantially rehabilitated' is no longer defined. ' As defined by Health & Safety Code Section 50106 ' 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 3341 31b)(1) and (2) and 33334.2 and /or 33334.6). 01.10P.1 1 /29184 - MP -IMPLE 22 TABLE 1DC E$7ymA7'E OF TOTAL UNITS 70 ME DEVELOPED AND SUSSTAkVALLY REHABILITATED OUTSIDE PROJECT AREA BY AGENCY' - .... ...... rasa i>aae ;:; Type of Construction Units Made Available at Affordable Housing Cost' Cumulative Project Area Status 1 2 3 Very Low' Low' - Moderate' Deficit (if any) Surplus (if any) Difference" (Deficit + /( -) Surplus) Year New Construction Substantial Rehab' Total Required to be 15% of column 3 Actual Unite Restricted Required to be 15% of column 3 Actual Units Restricted Very Low Low -Mod Very Low Low -Mod Very low Low -Mod Multi - Family Single Family tldraw sgrwr0 1995 1996 NO ACTIVITY 1997 1998 1999 Totaie Compliance with Sections 33413(b)(1) & (c), 33490(a)(2)(A)(ii) & 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 "Substantial Rehabilitation" means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the dwelling, Inclusive of the land. Incluslonery obligation only arises when multi - family rdntal units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, 'substantially rehabilitated" is no longer defined. 3 A defined by Health & Safety Code Section 50105 ' 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 33334.6). O1.MP.11/29/84 WIMPLE 23 TALE 17 _ AlL NON- A4f:MMCY d�Vq,t1TEp.A1q 1(t1�ANTtµly IlptAflILITATRD oWEi),INa UNITa' PIt gC.T Ar)O /TION fHROUGH.1814 :. Units Developed by Others Non - Agency Developed Units Made Available at Affordable Housing Cost' Cumulative Project Area Status Very Low' Low` Moderate' Year (Required to be 6% of column 31 Amid - Uolli: -: flistlukted... .,., . (Required to be 9% of column 31 Actual __ Unite` -- Ruft'4104 -- Annual Deficit (if an 1 Y Annual Surplus (if any] Difference" (DaBch + /1.18urplotl Now C0n51rUCp0r1 Substantial Rehab' Tojsl 11,.+ 21 - Multi Family Single Family Very Low Low Mod Very Low Low Mod Very Low Low -Mod 1989, 1990 7 -- 1 - -- .42 83 - - 42 .63 1991 3 -� -3- .18 - -: - - 27 - - - -- - .18 27 1992 1993 5 - -- 8 -- .3 45 - 3 45 12 ' -- - - 18 12 18 Total 18 1' -- '1T'' - -- - 1.02 - -- - 1.63 -:: <1.02> <1.83> Complies with CCRL Section 33413(b)(2) & icy & id)(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(cl(1)(2). Data compiled and analyzed by Urban Futures. Inc in conjunction with City /Agency staff. Project adoption "Substantial Rehabilitation" means rehabilitation, ilia value of which constitutes 25% of the after rehabilitation value of the unit, inclusive of ilia ]arid value. Inclusionary obligation only arises when multi - family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. ' As defined by Health & Safety Code Section 50105 As defined by Health & Safety Code Section 50079.5 ' As defined by Health & Safety Code Section 60093 ' The Agency may cause, by agreement or regulation, to be avai]ablo, at affordable housing costs, to persons of low, moderate or very low income households, two units onside 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). 01.MP. 11/29184 - MP -IMPLE 24 TABL4 11A E$TlM,4TSOFALL NOiN•AQENCY DEVELOPED AMD.SU¢$TAt1)TIALLY REMBILITATED DWELLING UNITS' 1996.= <1899 77 Units Required to be Available at Affordable Housing Cost Complies with CCRL Section 33413(b)(2) & (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 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. "Substantial Rehabilitation" means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the unit, inclusive of the land value. Inclusionary obligation only arises when multi- family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, "substantially rehabilitated' is no longerdefined. ' As defined by Health & Safety Code Section 50105 ' As defined by Health & Safety Code Section 50079.5 ° As defined by Health & Safely 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)• 0 IMP .11 /29 /84- MP -IMPLE 25 No. of Units Developed by Others Very Low' Low' - Moderate` Monitoring Ctimulptive Project Area Stotius4 Year 1 2 3 (Required to be 6% of column 3) Actual Units Restricted (Required to be 9% of column 3) Actual Unite Restricted Annual Deficit lit any) Annual Surplus lit any) Difference'' (Deficit + /( -) Surplus) New Construction Substantial Rehab' Total 0 +2) Multi Family Single Family Very Low Low Mod Very Low Low -Mod Very Low Low -Mod Wllft+ i0t! 17 17 1.02 1.63 <1.02> <1.53> <1.02> <1.53> 1995 <1.02> <1.53> 1996 20 20. 1.20 10 1.80 10 8.8 8.2 7.78 8.67 199) 20 20 1 20 10 1 80 10 8.8 8.2 16.58 16.68 14.87 14.87 1998 1999 16.68 14.87 Tatel 67 67 3.42 20 5,13 20 <2.00> <2.00> Complies with CCRL Section 33413(b)(2) & (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 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. "Substantial Rehabilitation" means rehabilitation, the value of which constitutes 25% of the after rehabilitation value of the unit, inclusive of the land value. Inclusionary obligation only arises when multi- family rental units with 3 or more units are substantially rehabilitated, or when single family units with 1 or 2 units are substantially rehabilitated using Agency assistance. Effective January 1, 1997, "substantially rehabilitated' is no longerdefined. ' As defined by Health & Safety Code Section 50105 ' As defined by Health & Safety Code Section 50079.5 ° As defined by Health & Safely 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)• 0 IMP .11 /29 /84- MP -IMPLE 25 TABLE 12 TOTAL AGENCY ASSISTED UNITS' PROJECT AREA ADOPTION THROUGH 1994 - 1 Price Restricted Inew const) 2 Price Restricted Isub rehab) 3 Price Restricted (existing) 4 Rehabed' Total Units Ae(6ad�� Year 19 19 19 19 NO ACTIVITY 19 19 19 I ,9 19 199394 Totals Compliance with CCRL Sections 33334.2(x), 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 sialf. ' Project Area adoption. ' Does not include units that are defined as substantially iehabed, pursuant to CCRL Sections 33413(b)(2)(A)(iiil and (iv). Effective January 1, 1991, "substantially rehabilitated' is no longer defined. ' 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. O1.MP.11129/84 WIMPLE 26 TABLE 12A ESTIMATED TOTAL AGENCY ASSISTED UNITS, 7.M THRQVQH 1998 1 Price Restricted (new coast) 2 Price Restricted (sub rehab) 3 Price Restricted (existing) 4 Rehabed' Total Units Assisted" Year BNme. Forward - 1995 5 6 1996 20 5 ' ' .: ,- 25 1997 20 5 25 1998 5 6 1999 5 6 Totals 40 25 65 L:omplrance with Sections 33334.2(a). 33490(a)(2)(A). Includes Agency assisted units inside /outside the Protect Area: see footnote No 3 Data compiled and analyred by Urban Futures Inc in conjunction with City.rAgency .taff, boas iwt urvlude units that are defined as ,ubstaimalIV rehatied, pwsuant lu CCRL Sections 33•113(b)t2)(Ai(iii) eno uvr. Eftecuve January I, 199/, substantially rehabilitated" is no longer defined. 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. 01. MP. 11129184 MP IMPLE 27 Consistency with City's General Plan Housing Element 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. • Where appropriate and legally possible, remove unnecessary governmental constraints to the maintenance, improvement and development of housing. 01 .MP.11 129184 - MPAMPLE 28 • 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 Moorpark Redevelopment 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. f. Provide assistance to developers where possible when affordability covenants can be secured. g. Work with City staff on on -going 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 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. 01 .MP.11129/84 - MP -IMPLE 29 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°x6 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 $640,702; inclusive of all projected receipts the Agency will have a $919,829 fiscal year income. With expenditures of $325,400 the Agency projects a 1994 -95 fiscal year ending balance of $594,429. For the five year period the Agency projects an ending balance of $28,095. Table 13 shows that the Agency will receive a total of $1,443,237 in tax increment and interest earned over the five year period; total LMI fund related expenditures are projected to be $2,055,845. The Agency's expenditures on LMI housing programs meets or exceeds the 20% use obligation requirement established by CCRL, Section 33334.2. 01 .MP.1 1129184 - MP -IMPIE 30 TABLE 13 ESTIMATED AGENCY LMI FUND RECEIPTS AND EXPENDITURES 1995 -1999' Fiscal Year Fund Activity 1994 -95 1995 -96 1996 -97 1997-98 1998 -99 5 Yr. Total5 Yearly Beginning Balances2 640,7023 594,429 462,485 331,465 186,892 640,702 Estimated Receipts A. Tax Increment 259,906 263,123 280,880 284,527 288,322 1,376,758 B. Interest Income 19,221 17,833 13,875 9,944 5,607 66,479 C. Bond /Note Proceeds 0 0 0 0 0 0 Totals 919,829 875,385 757,240 625,936 480,821 2,083,940 Estimated Expenditures A. Programs & Projects I 150,000 237,500 250,375 263,644 277,326 1,178,845 H Debt Service Pmts 1 75,400 1 ?5,400 175,400 115,400 115,400 877,000 Totals5 325,400 412,900 425,775 439,044 452,726 2,055,845 Fnding Balances' 594,429 462,485 331,465 186,892 28,095 28,095 1 Complies with CCRL Sections 33490(a)(2)(A)(i) and (ii). 2 Balance forward from 1993 -94. Includes bond proceeds as applicable. 3 Excludes value of land purchased with LMI funds for Gisler Field in the amount of $1,500,000. 4 Balance forward to year 2000. 5 Includes administrative expenses. O1 .MP.12/08/84 - MP IMPLE 31 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: W 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. 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 forty (40) price restricted units by 1999. Based upon historical trends, Agency housing goals and objectives, available programs, analysis of Agency resources and obligations, staff currently projects that no 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 not require that any 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 forty (40) 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 Vlll CONCLUSION 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.MP.11/29/84 - MP IMPLE 32