HomeMy WebLinkAboutRES RD 2003 130 2003 1015RESOLUTION NO. 2003 -130
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
MIDTERM UPDATE OF THE FIVE -YEAR IMPLEMENTATION
PLAN 1999 -2004 FOR THE MOORPARK REDEVELOPMENT
PROJECT
WHEREAS, California Community Redevelopment Law (CCRL)
(California Health and Safety Code, Section 33000, et seq.)
Section 33490(a) (1) (A) 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 33413; and
WHEREAS, CCRL Section 33490(b) requires that every agency,
at least once within the five -year term of the plan, conduct a
public hearing and hear testimony from all interested parties
for the purpose of reviewing the redevelopment plan and the
corresponding implementation plan for each redevelopment project
within its jurisdiction and evaluating the progress of the
redevelopment project(s); and
WHEREAS, CCRL Section 33490(d) requires
public hearing shall be published pursuant
the Government Code and posted in at least f(
within the project area for a period
Publication and posting shall be completed
days prior to the date set for hearing; and
that notice of the
to Section 6063 of
Dur permanent places
of three weeks.
not less than ten
WHEREAS, the Moorpark Redevelopment Agency (the "Agency ")
adopted a redevelopment plan (the "Plan ") for the project area
(the "Project Area ") prior to December 31, 1993; and
Resolution No. 2003 -130
Page 2
WHEREAS, the Agency has prepared and adopted an
implementation plan pursuant to requirements contained in CCRL
Section 33490(a)(1) for the period 1999 -2004; and
WHEREAS, the Agency has caused an update to the
Implementation Plan (the "Midterm Update ") to be prepared, which
update capsulizes the Agency's redevelopment efforts and
successes since the Agency's adoption of the 1999 -2004
Implementation Plan in December, 1999, and which clarifies and
updates the Agency's longer -term course of redevelopment plan
implementation; and
WHEREAS, the Agency has given notice as required by CCRL
Subsection 33490(d); and
WHEREAS, on October 15, 2003, the Agency conducted and
concluded the previously referenced duly noticed public hearing.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE 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 the Midterm Update, and
evaluating the progress of the redevelopment project.
SECTION 2. Subsequent
testimony
which is
reference.
given, the Agency
attached hereto
to hearing and
hereby adopts the
and incorporated
considering all
Midterm Update,
herein by this
SECTION 3. This resolution shall become effective
immediately upon its adoption.
Resolution No. 2003 -130
Page 3
SECTION 4. The Agency
adoption of this re
resolution to be filed j
PASSED AND ADC
ATTEST:
Secretary shall certify to the
Pied
Deborah S. Traffens t,
OPI
Agency Secretary
* ESTABLI� HED
MARCH 1 ,1987
Attachment: Midterm Update of the Five -Year Implementation
Plan 1999 -2004
Resolution No. 2003 -130
Page 4
Moorpark
Redevelopment Agency
MID -TERM UPDATE
OF THE
FIVE -YEAR
IMPLEMENTATION PLAN
1999 -2004
(Including the CCRL Section 33413(b)(4) Compliance Plan)
U=RBAN FUTURES, INC.
Resolution No. 2003 -130
Page 5
Moorpark
Redevelopment Agency
MID -TERM UPDATE
OF THE
FIVE -YEAR
IMPLEMENTATION PLAN
1999 -2004
THE MOORPARK REDEVELOPMENT AGENCY
prepared by
URBAN FUTURES, INC.
3111 N. Tustin Avenue, Suite 230
Orange, CA 92865
(714) 283 -9334
September 2003
Resolution No. 2003 -130
Page 6
TABLE OF CONTENTS
Page
1.0 INTRODUCTION ....................... ............................... 1
1.1 Overview and Requirement for an Implementation Plan .................. 1
1.2 Midterm Public Hearing ............ ............................... 2
2.0 HISTORY OF THE AGENCY; DEVELOPMENT ACTIONS; SPECIFIC GOALS AND
OBJECTIVES; AND ACCOMPLISHMENTS .. ............................... 2
2.1 Historical Overview ................ ..............................2
2.2 Summary of Development Actions .... ............................... 3
2.3 Agency Goals and Objectives ....... ............................... 5
2.4 Summary of Agency Accomplishments: 1999 -2002 ...................... 6
3.0 UPDATED AGENCY GENERAL FUND PROGRAMS AND RELATED
EXPENDITURES (1999 to 2004) .......... ............................... 8
3.1 Review of Actual Income and Expenditures in the General
Redevelopment Fund: FY 1999 -00 through FY 2001 -02 .................. 8
3.2 Review of Projected Income and Expenditures in the General
Redevelopment Fund: FY 2002 -03 and FY 2003 -04 .................... 10
3.3 Conclusions ...................... .............................10
4.0 STATEMENT THAT PROGRAMS AND EXPENDITURES WILL ELIMINATE
BLIGHT WITHIN THE PROJECT AREA .... ............................... 10
5.0 AGENCY PRODUCTION, IMPROVEMENT AND PRESERVATION OF
AFFORDABLE HOUSING ............... ............................... 11
6.0 CCRL SECTION 33413(b)(4) COMPLIANCE PLAN .......................... 12
6.1 Existing Housing Tabulations through FY 2001 -02 ..................... 12
6.2 Projected Housing Tabulations FY 2002 -03 through FY 2003 -04 .......... 18
6.3 Consistency with City's General Plan Housing Element .................. 25
7.0 UPDATED AGENCY LMI FUND PROGRAMS AND RELATED EXPENDITURES
(1999 to 2004) .................. ....... ..............:............ 26
7.1 Review of Actual Income and Expenditures in the LMI Fund: FY
1999 -00 through FY 2001 -02 ....... ............................... 26
7.2 Review of Projected Income and Expenditures in the LMI Fund: FY
2002 -03 and FY 2003 -04 ............ .............................26
7.3 Excess Surplus ................... .............................27
7.4 Fair Share Housing Allocation ...... ............................... 27
7.5 Conclusions ...................... .............................29
8.0 UPDATED PROJECTS ................. ............................... 30
9.0 TEN -YEAR AND LIFE -OF- THE -PLAN HOUSING REQUIREMENTS ............. 30
10.0 CONCLUSION ......................... .............................30
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Resolution No. 2003 -130
Page 7
LIST OF TABLES
Table
Page
1 Redevelopment Plan History .............. ............................... 2
2
Blight Conditions Remaining Within the Project Area .......................... 3
3
Goals Nexus to Blight Elimination (Post -AB 1290) .............................
8
4
Updated Actual and Budgeted General Redevelopment Fund Program Expenditures
.9
5
Program and Expenditures Nexus to Blight Elimination ........................
11
6
Updated Total Units Destroyed or Removed by the Agency Inside the Project and
Inventory of Replacement Dwelling Units Provided ...........................
14
7
Updated Actual Total Units Developed and Substantially Rehabilitated Inside Project
Area by Agency ......................... .............................15
8
Updated Actual Total Units Developed and Substantially Rehabilitated Outside
Project Area by Agency ................... .............................16
9
Updated All Non - Agency Developed and Substantially Rehabilitated Dwelling Units
Within the Project Area ................. ...............................
17
10
Updated Estimated Number of Units to Be Destroyed or Removed Inside Project
Area by Agency and Estimated Number of Replacement Dwelling Units ...........
20
11
Updated Estimate of Total Units to Be Developed and Substantially Rehabilitated
Inside Project Area by Agency ............ ...............................
21
12
Updated Estimate of Total Units to Be Developed and Substantially Rehabilitated
Outside Project Area by Agency .......... ...............................
22
13
Updated Estimate of All Non- Agency Developed and Substantially Rehabilitated
Dwelling Units Within the Project Area ..... ...............................
23
14
Summary Totals of Housing Requirements .. ...............................
24
15
Updated Actual and Estimated LMI Fund Program Expenditures ................
28
16
Fair Share Housing Allocation 1998 -2005 ... ...............................
29
LIST OF FIGURES
Number Page
1 Project Area Map ........................ ..............................4
APPENDICES
Appendix A — Goals from the Initial Implementation Plan
Appendix B — Changes to Affordable Housing Requirements Effective January 1, 2002
Appendix C — Summary of Agency Programs and Activities
Appendix D — Inclusionary and Replacement Requirements from the Implementation Plan
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Resolution No. 2003 -130
Page 8
MIDTERM UPDATE TO THE
FIVE -YEAR IMPLEMENTATION PLAN 1999 -2004
MOORPARK REDEVELOPMENT AGENCY
1.0 INTRODUCTION
1.1 Overview and Requirement for an Implementation Plan
On January 19, 2000 by its Resolution No. 2000 -90 the Moorpark Redevelopment Agency
(the "Agency ") adopted its implementation plan for the term 1999 -2004 (the "Implementation Plan ")
pursuant to Section 33490 of the California Community Redevelopment Law ("CCRL," being
Section 33000 et. seq. of the California Health and Safety Code). The Implementation Plan,
prepared pursuant to CCRL Section 33490(a)(1), outlines specific goals, objectives, and
implementation programs for the five -year implementation period, 1999 -2004. The Agency had
previously adopted its initial implementation plan (the "Initial Implementation Plan ") on December
7, 1994 by its Resolution No. 94 -31 for the period from 1994 to 1999. The Agency subsequently
updated that plan after a public hearing on December 17, 1997 by its Resolution No. 97 -66.
The requirement for an implementation plan reflects a strong legislative concern that
redevelopment activities should be connected with and designed to reduce or eliminate the blight
that justified adoption of the redevelopment plan in the first place. Each redevelopment agency
is required to adopt an implementation plan each 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 CCRL requires that an implementation plan 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 explain
how these goals, objectives, programs and expenditures will eliminate blight remaining in the
project area(s) and implement the requirements of CCRL Sections 33334.2, 33334.4, 33334.6 and
33413 including how the agency will implement both the requirement to increase, improve and
preserve low- and moderate - income housing and satisfy its inclusionary housing requirement.'
In addition, the section of the implementation plan addressing the Low and Moderate
Income Housing Fund (the "LMI Fund ") is required to describe the amount of funds available in the
LMI Fund and the estimated amounts which will be deposited into the LMI Fund during each of the
next five years, as well as estimates of the expenditures of monies from the LMI Fund during each
of those five years. Also, if an implementation plan contains a project that will result in the
destruction or removal of low- or moderate- income housing which must be replaced pursuant to
CCRL Section 33413(a), the agency is required to identify, in the implementation plan, the
proposed locations suitable for those replacement dwellings pursuant to CCRL Section 33413.5.
' CCRL Section 33413 (b)(1) and (b)(2), the inclusionary rule, specifics that 30% of dwelling units developed by the Agency
within the project area need to be available to low and moderate income persons and families. The inclusionary rule also
specifies that 15% of new or substantially rehabilitated units developed within the project area under the jurisdiction of the
agency by public or private entities, shall be available to low and moderate income persons or families.
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Resolution No. 2003 -130
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1.2 Midterm Public Hearing
CCRL Section 33490(c) 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 then current implementation plan, evaluating the agency's progress in implementing the then
current implementation plan, and determining where the Agency stands in regards to meeting its
affordable housing "production" and "replacement" requirements as defined by the CCRL. This
review must occur at least once within the five -year term of the implementation plan. This update
should occur no earlier than two years and no later than three years after the implementation plan.
This Midterm Update to the Implementation Plan (the "Midterm Update ") has been prepared by
Urban Futures, Inc. (UFI) under contract to the Agency pursuant to appropriate portions of the
CCRL. This document's function is to facilitate the midterm review and evaluation of the Agency's
Implementation Plan during the above described public hearing.
Information contained in this Midterm Update is based on a review of Agency reports and
budgets, as well as discussion with Agency staff. For FY1999 -2000, FY 2000 -2001, and FY 2001-
2002, UFI used actual audited financial reports; for FY 2002 -2003 UFI used projected numbers
from the FY 2003 -04 budget, and for FY 2003 -04 UFI used the adopted Agency budget for that
year.
2.0 HISTORY OF THE AGENCY; DEVELOPMENT ACTIONS; SPECIFIC GOALS AND
OBJECTIVES; AND ACCOMPLISHMENTS
2.1 Historical Overview
The City Council of the City of Moorpark (the "City Council" and the "City" respectively)
activated the Agency on March 18, 1987 by its Ordinance No. 87 for the primary purpose of
eliminating 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. The City Council adopted the Redevelopment Plan for the Moorpark Redevelopment
Project (the "Redevelopment Plan" and the "Project" respectively) in 1989. Table 1 shows the
history of the Agency and the Redevelopment Plan.
TABLE 1
REDEVELOPMENT PLAN HISTORY
Agency Activated: March 18,1987
Plan Adopted: July 5, 1989
Ordinance No. 87
Ordinance No. 110
Term of Plan
40 Years (2029)
Total Project Area (in acres)
1,217 acres
Base Year'
1988 -89
' Refers to the base year for the purpose of allooating taxes in the redevelopment area.
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Resolution No. 2003 -130
Page 10
The City Council established the location and boundaries of the area of the Project (the
"Project Area" shown in Figure 1) because it found that the deleterious conditions within these
boundaries were sufficient to warrant the use of redevelopment powers. These conditions, with
the exception of improvements caused by implementation of Agency- sponsored projects and
programs and projects that have been implemented without Agency assistance, remain
substantially the same as when the Redevelopment Plan was adopted. It has been the Agency's
intent to focus on the remedy of blight conditions within the Project Area during implementation of
the Redevelopment Plan. While the Agency's activities have addressed a number of blighting
conditions within the Project Area, many of the blighting conditions that existed at the time of
adoption of the Redevelopment Plan still exist within the Project Area. The Agency intends to
continue its efforts to ameliorate the blighting conditions that remain within the Project Area by
continuing to implement the Redevelopment Plan "Development Actions" outlined in Section 2.2
of this Midterm Update and the Agency's "Goals and Objectives" as outlined in Section 2.3 of this
Midterm Update.
The blighting conditions in the Project Area included physical and economic blight as shown
in Table 2 below:
TABLE 2
BLIGHT CONDITIONS
REMAINING WITHIN THE PROJECT AREA!
BLIGHT DEFINITION
PHYSICAL
ECONOMIC
CCRL Section 33031(a)
CCRL Section 33031(b)
Deficient, Deteriorated, or Dilapidated Buildings
Prevalence of Economic Maladjustment
Older or Obsolescent Buildings
Prevalence of Depreciated Values and
Impaired Investments
Mixed and Incompatible Buildings And Land
Uses
Parcels with Irregular Form, Shape and Size
Includes inadequate public improvements per CCRL Section 33030(c).
2.2 Summary of Development Actions
Section 400 of the Redevelopment Plan contains the development actions which the
Agency will utilize to "eliminate and prevent the spread of blight in the Project Area ". These
development actions are summarized below; a full list of these actions is found on pages 2 and 3
of the Redevelopment Plan.
Improvements to the public infrastructure
Acquisition and disposal of real property
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Resolution No. 2003 -130
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Redevelopment of residential, commercial, or industrial land by private or public
entities, including the financing thereof
Rehabilitation of structures or development of vacant land, as appropriate by
owners
Other actions "as may be permitted by law"
2.3 Agency Goals and Objectives
CCRL Section 33490(a)(1) states that an implementation plan shall contain an agency's
specific goals and objectives for the project area. The Agency adopted two goals and several
objectives as a part of the Initial Implementation Plan. A complete list of these original goals is
attached as Appendix A to this Midterm Update. Since a number of the objectives were
successfully addressed during the term of the Initial Implementation Plan, the Agency identified and
adopted an alternative set of goals and objectives for the Implementation Plan. Based upon
conversations with Agency staff, it is proposed that these goals and objectives be maintained
through the Midterm Update process, with some modification to these goals occurring, as
appropriate, during the preparation of the 2004 -2009 implementation plan.
The goals and objectives already adopted as a part of the implementation Plan and
proposed for re- adoption as a part of the Midterm Update are provided below.
GOAL NO. I: ENCOURAGE AND AID ECONOMIC DEVELOPMENT IN THE PROJECT AREA
OBJECTIVES:
1.1 Improve the economic position of the downtown area.
1.2 Provide resources for establishing new and retaining and
expanding existing commercial and industrial businesses in the
Project Area.
GOAL NO. II MAKE IMPROVEMENTS TO PROJECT AREA INFRASTRUCTURE AND PUBLIC
FACILITIES WHICH BENEFIT THE PROJECT AREA
OBJECTIVES
11.1. Provide funding, as appropriate and feasible, for public facilities, such as
parking facilities, which serve properties in the Project Area.
11.2 Continue funding for infrastructure improvements in the public way
(including sewer, storm drain, water systems and surface improvements)
which benefit the Project Area.
11.3. Reduce traffic congestion, improve public safety, and reduce parking
deficiencies within the Project Area.
11.4. Expand Area of Poindexter Park.
11.5. Provide funding, as appropriate and feasible, for public service facilities
such as a library, senior center and public safety facility.
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Resolution No. 2003 -130
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GOAL NO. III INCREASE THE SUPPLY OF VERY LOW -, LOW- AND MODERATE-
INCOME HOUSING OPPORTUNITIES, BOTH FOR OWNERSHIP AND
RENTAL MARKETS
OBJECTIVES
111.1 Promote and participate in public /private partnerships with non - profit and
for profit developers and/or property owners to rehabilitate existing rental
units for very-low and low- income households.
111.2 Develop and implement owner - occupied, revolving loan program(s) for
low- and moderate- income households.
111.3 Increase the number of senior rentals at all income levels.
111.4 Work with property owners and the development community to identify in
fill parcels and to develop housing units for very low -, low -, and moderate -
income households.
111.5. Work with the City to require new developments outside of the Project
Area to assist the Agency in meeting the Goal by contributing financing
and /or inclusionary units intended for low- and moderate - income
households.
Please note that changes to affordable housing requirements which were approved by the
state legislature and were made effective on January 1, 2002 may affect the way in which the
Agency implements its Goal No. III ( "Increase the Supply of Very Low -, Low- and Moderate income
Housing Opportunities both for Ownership and Rental Markets ") in the future and may also affect
the City's Housing Element of the General Plan. As a matter of information only, a summary of
these legislative changes in provided in Appendix B of this Update.
2.4 Summary of Agency Accomplishments: 1999 -2002
Since adoption of the Redevelopment Plan and to date, the Agency has, both unilaterally
and through participation in joint public /private partnerships, facilitated a number of successful
projects directed towards meeting the development actions set forth in the Redevelopment Plan
and listed above, as well as the goals and objectives listed in the Initial Implementation Plan and
the Implementation Plan, also listed in Appendix A and above. The reader is referred to Table 2
(pages 5 and 6) of the Implementation Plan for a listing of the programs and projects which the
Agency accomplished prior to 1999, the date of adoption of the Implementation Plan.
Agency activities that have occurred since the Implementation Plan's adoption have
conformed with the objectives associated with the adopted goals of the Agency. Economic
Development efforts have been in two distinct categories: Downtown Revitalization and Business
Development and Retention. These two programs specifically advance Goals I (Objective 1 and
2), and II (Objective 5). The discussion below outlines the important achievements the Agency has
made pursuant to its adopted Goals and Objectives.
• In November 2001, the City Council approved the Moorpark Civic Facilities
Development and Financing Plan designating sites, design considerations and
financing sources for a new City Hall and Civic Center, Police Services Center and
Public Works /Parks Department Corporation Yard. In April 2002, the Agency
approved an agreement with the Ventura County Fire Protection District to trade the
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Resolution No. 2003 -130
Page 14
District's Station 42 property on Moorpark Avenue for Agency owned property on
High Street. This trade allows the County to proceed with construction of a new
District Fire Station on High Street.
In March 2003, the City Council approved a plan to acquire and develop a two acre
site on Spring Road south of High Street with 28,000 square feet of new
construction to locate a medical clinic and various human services offices and
facilities. The concentration of these new facilities in the downtown area (directly
south of the High Street Corridor) is a major commitment to the revitalization of
Moorpark's downtown. Approximately $3.5 million has been spent to date on the
creation of these new facilities.
• In December 2001, the Agency issued $11 million in tax - exempt tax increment bonds
to assist with the land acquisition for the above facilities and the construction of the
Police Services Center as well as other downtown infrastructure improvements.
• The Agency established a formal business assistance program through a service
contract with the Economic Development Collaborative of Ventura County in July
2001. The program provides professional consulting services for business plans,
financial advice and other services to assist businesses with expansion or
adjustments to changing conditions.
• The City has adopted an ordinance reducing the parking requirement by 50% in the
downtown area. Additionally, the City has established an in -lieu fee per parking
space for business to buy in to public parking at a fixed rate of $3,000 per space.
This permits a new or expanding business to satisfy its parking requirements with
off -site parking.
Projects and programs either initiated after, or continued beyond, 1999 are more specifically
set forth in Appendix C. Note that Appendix C includes 28 projects and programs in four categories
(Downtown Revitalization, Economic Development, Housing Programs, and Housing Projects) that
have been completed or are proposed for completion prior to the end of the Implementation Plan
planning period, as well as ongoing programs.
CCRL Section 33490(a)(1)(A) requires that each implementation plan prepared by an agency
contain an "...explanation of how the goals and objectives... will eliminate blight within the Project
Area...." Table 3 below shows the relationship between the Agency's specific five -year goals and
objectives to the eradication of remaining blight, as defined in CCRL Sections 33030 and 33031,
within the Project Area. As a part of the update process, this table was reviewed. The
determination of nexus between the stated goals, and the physical and economic conditions they
are intended to address remain binding; therefore, no changes are being made as a part of the
update process.
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Resolution No. 2003 -130
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TABLE 3
GOALS' NEXUS TO BLIGHT ELIMINATION (POST -AB 1290)'
PHYSICAL CONDITIONS
ECONOMIC CONDITIONS
INFRA -
STRUCTURE
Prevalence of
Deficient,
Mixed and
Depreciated
Deteriorated or
Older or
Incompatible
Parcels with
Prevalence of
Values and
GOALS FROM ORIGINAL
Delapidate
Obsolescent
Buildings and
Irregular Form,
Economic
Impaired
Infrastructure
IMPLEMENTATION PLAN2
Buildings
Buildings
Land Uses
Shape and Size
Maladjustment
Investments
Deficiencies
Encourage and aid economic
development in the Project Area
0
0
0
0
Make improvements to the
Project Area infrastructure and
public facilities which benefit the
i
i
Project Area
Increase the supply of Very Low,
Low -, and Moderate - Income
Housing opportunities, both for
ownership and rental markets'
Complies with CCRL Section 33490(a)(1)(A).
z 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 11 of this Implementation Plan.
Includes removal of obsolete structures for improvement of infrastructure
3.0 UPDATED AGENCY GENERAL FUND PROGRAMS AND RELATED
EXPENDITURES (1999 to 2004)
CCRL Section 33490(a)(1)(A) requires that the implementation plan prepared and adopted by each
redevelopment agency contain "...the specific programs, including potential projects and estimated
expenditures proposed to be made during the next five years..."
Table 4 provides the update of actual and projected Agency program expenditures for the
Implementation Plan period. Section 3.1 of this Midterm Update provides analysis of actual
expenditures through FY 2001 -02 and Section 3.2 provides analysis of projected expenditures
through FY 2003 -04.
3.1 Review of Actual Income and Expenditures in the General Redevelopment
Fund: FY 1999 -00 through FY 2001 -02
Actual tax increment income increased steadily over the three fiscal years from $1,589,397
in FY 1999 -00 to $2,116,809 in FY 2001 -02, representing a 33 percent increase. However during
this same time period total expenditures, exceeded total receipts in each fiscal year. The Agency
accommodated this intensive expenditure regime by drawing down from its reserves. By example,
the "Yearly Beginning Balance" in FY 1999 -2000 was fully $7.7 million; this beginning balance had
been reduced to $1.8 million at the beginning of FY 2001 -02. Not coincidentally, the Agency issued
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TABLE 4
UPDATED ACTUAL AND BUDGETED GENERAL REDEVELOPMENT FUND PROGRAM EXPENDITURES'
(Fiscal Year 1999 -00 to 2003 -04)
PROGRAM CATEGORY EXPENDITURES
FISCAL YEAR
1999 -002
2000 -012
2001 -022
2002 -033
2003 -044
Yearly Beginning Balances
$7,761,484
$4,737,283
$1,822,075
$10,177,428
$5,763,373
Estimated Receipts
A. Tax Increment
$1,589,397
$2,033,520
$2,116,809
$2,766,623
$2,904,954
B. Interest Income
$482,604
$579,760
$418,259
$498,000
$464,400
C. Bond Proceeds
$10,000,966
D. Other
$110,587
$140,884
$135,497
$152,225
$152,542
Total Available
$9,944,072
$7,491,447
$14,493,606
$13,594,276
$9,285,269
Estimated Expenditures
A. Capital Projects / Improvements
$255,562
$1,240,741
$883,824
$3,533,037
$1,066,047
B. Administration
$505,739
$294,429
$471,221
$830,841
$937,176
C. Debt Service
$3,564,305
$2,767,770
$1,125,529
$2,126,210
$2,398,064
D. Other
$881,183
$1,366,432
$1,835,604
$1,340,815
$2,560,000
Total Expenditures
$5,206,789
$5,669,372
$4,316,178
$7,830,930
$6,961,287
Yearly Ending Balance
$4,737,283
$1,822,075
$10,177,428
$5,763,373
$2,323,982
1 Complies with CCRL § 33490(a)(1)(A).
2 Based on audited financial statements.
3 Based on projected FY 2002 -03 figures from Agency's FY 2003 -04 Budget.
° Based on Agency's FY 2003 -04 Budget.
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Resolution No. 2003 -130
Page 17
a tax allocation bond during this fiscal year with bond proceeds equal to $10 million, thereby
replenishing the Agency's reserves. The bond proceeds allowed the Agency to continue projects
already on the boards and fund those to be initiated in future years.
As stated above, the Agency has successfully funded its capital projects and other
improvements during FY 1999 -00 and FY 2001 -02. "Capital Projects /Improvements" in FY 1999 -00
equaled a little over a quarter of a million dollars; in FY 2000 -01 this amount increased to almost one
and a quarter million dollars; in FY 2001 -02 expenditures in this line item had reduced to somewhat
over three quarters of a million dollars. This irregular spending pattern is typical of an active Agency
which is implementing various projects over various periods of time. A review of Appendix C of this
Midterm Update will show the projects and programs implemented by the Agency which explains
the expenditures identified in Table 4. The Agency finished FY 2001 -02 with a healthy $10.1 million
yearly ending balance.
3.2 Review of Projected Income and Expenditures in the General Redevelopment
Fund: FY 2002 -03 and FY 2003 -04
UFI has projected tax increments for FY 2002 -03 at $2,766,623 (based upon assessed
valuation provided by Ventura County), increasing to $2,904,954 million in FY 2003 -04. Projected
expenditures for these two fiscal years are based upon the 2003 -04 Budget.
Because of the projected availability of increased tax increment funds and, more importantly,
access to bond proceeds generated in FY 2001 -02, UFl is projecting the Agency could afford to
finance the Downtown Revitalization Programs in FY 2003 -04. Additionally, according to Agency
staff Agency money will be used for infrastructure improvements to the site of a new medical clinic
located at Spring Road and High Street, and sidewalk improvements and repair in the downtown
area along High Street and Moorpark Avenue.'
As projected, the Agency should have a Yearly Ending Balance of slightly over $2.3 million
in FY 2003 -04.
3.3 Conclusions
As projected, the Agency will end the five -year term of the Implementation Plan with a
balance in its general redevelopment fund of approximately $2.3 million. While this amount will
provide a good "spring board" for Agency activities during the term of its third implementation plan
which would cover the years 2004 through 2009, it may not be sufficient to accomplish public
improvement and affordable housing goals during the term of the Agency's third implementation
plan. Therefore, the Agency should consider additional tax increment financing to support these
projects and to complete additional infrastructure improvements in the downtown area to support
a public/ private partnership to develop the Agency owned land on High Street.
4.0 STATEMENT THAT PROGRAMS AND EXPENDITURES WILL ELIMINATE
BLIGHT WITHIN THE PROJECT AREA
CCRL Section 33490(a)(1)(A) requires that the implementation plan prepared by each agency
provide an explanation of how the programs and expenditures will eliminate blight within the project
2 Infrastructure improvements are ongoing in this location and will continue through FY 2003 -04.
;? O=Pln Active\ Moorpark \005 \lmpPlanUpdate2003.v0B.wpd 10 jes9 /11103
Resolution No. 2003 -130
Page 18
area. Table 5 shows the relationship of the proposed projects /program categories to the eradication
of remaining blight, as defined in CCRL Sections 33031 of the CCRL, within the Project Area.
TABLE 5
PROGRAM AND EXPENDITURES' NEXUS TO BLIGHT ELIMINATION'
PHYSICAL CONDITIONS
ECONOMIC CONDITIONS
INFRA -
STRUCTURE
Prevalence of
Deficient,
Mixed and
Depreciated
Deteriorated or
Older or
Incompatible
Lots of Irregular
Prevalence of
Values and
Inadequate
PROGRAMS &
Dilapidated
Obsolescent
Buildings and
Form, Shape
Economic
Impaired
Public
EXPENDITURES2
Buildings
Buildings
Land Uses
and Size
Maladjustment
Investments
Improvements
Infrastructure
•
•
•
•
•
Housing
•
•
•
•
•
•
Economic
Development
•
•
•
•
•
•
•
Programs
' Complies with CCRL Section 33490(a)(1)(A).
5.0 AGENCY 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 flow the Implementation Plan
must demonstrate compliance.
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 -, lower -, and
low- and moderate - income households. This goal is accomplished, in part, through the execution
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 -, lower -, and low - and moderate- income
housing in the community. (CCRL Section 33334.2);
• An agency must replace, in equal or greater number, very low -, lower -, and 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 dwelling units developed by an agency are affordable to very low -, low -
and moderate income persons and families (the "inclusionary rule," CCRL Section
33413[b][1]);
ZA\00PIn Active\Moorpark \005 \lmpPlanUpdate2003.vOB.wpd 11 jes9/11103
Resolution No. 2003 -130
Page 19
• An agency must ensure that a fixed percentage of all new and substantially
rehabilitated dwelling units developed 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 Section 33413[b][2]).
Each of these four requirements is explained in detail on pages 13 through 16 of the Implementation
Plan.3 Additionally, the Implementation Plan provides information on the definition of "affordable"
housing, how long such housing must remain affordable, what should be included in the Agency's
"compliance plan" relating to its "inclusionary" housing requirement, and how LMI Fund monies may
be spent outside the Project Area. For those readers who may not have immediate access to the
Implementation Plan, much of this information is provided in Appendix D to this Midterm Update.
6.0 CCRL SECTION 33413(b)(4) COMPLIANCE PLAN
6.1 Existing Housing Tabulations through FY 2001 -02
The information provided on Tables 7 through 10 presents an analysis of the Agency's
compliance with CCRL affordable housing mandates through the end of fiscal year 2001 -02. The
information contained in these tables, in concert with the other parts of this Midterm Update, ensure
compliance with CCRL Sections 33490, 33413, 33334.2 and/or 33334.6, 33334.3 and 33334.4. The
tables and discussion presented below and in subsequent sections of this Midterm Update represent
what is required by law regarding affordability, replacement and inclusionary requirements
established in the CCRL.
Table 6: As shown in Table 6, as of June 30, 2002 the Agency had not
removed any housing units from within the Project Area; however, it
had anticipated the removal of up to 31 low- and moderate - income
units from within the Project Area for the new Civic Center. It had
therefore entered into an agreement with the developer of the
Archstone Moorpark housing project to enforeably restrict 31 units as
replacement units.4
Table 7: As shown in Table 7, as of June 30, 2002, no affordable housing
units had been developed or substantially rehabilitated inside the
Project Area by the Agency.
Table 8: As shown in Table 8, as of June 30, 2002 no affordable housing units
had been developed or substantially rehabilitated outside the Project
Area by the Agency.
3 Pages 13 -16 have been included in Appendix D of this document.
4 Please note that CCRL Section 33413(a) provides only that replacement units be made available "within" four years of
the destruction or removal of low- and moderate- income units. While the typical scenario has these units being provided
after the removal of such units, there is no prohibition against providing these units before the other units are removed.
The Archstone Moorpark affordable housing obligation is for a total of 62 units. Per Agency staff, a portion of these 62 units
(31 units with 65 bedrooms) have been enforceably restricted in conformance with CCRL Section 33413(a) and 33413(c).
Note that according to Agency staff, Agency legal counsel has determined that these units were income restricted pursuant
to CCRL Section 33413.
ZAOOPIn Active\ Moorpark 1005 \[MpPlanUpdate2003.vO8.wpd 12 jes9 /11/03
Resolution No. 2003 -130
Page 20
Table 9: As shown in Table 9, prior to the adoption of the Initial Implemen-
tation Plan, 15 non- Agency housing units had been developed in the
Project Area and no units had been substantially rehabilitated, and no
units had been restricted with covenants. As a result, the Agency had
incurred an inclusionary housing "deficit" of 0.9 very low - income and
1.35 low- and moderate- income housing units.
From FY 1994 -95 through FY 2000 -01 only a nominal number of
housing units had either been built (a total of four such units) or
substantially rehabilitated (a total of seven such units) by others
within the Project Area. However, in FY 2001 -02 the Archstone
Moorpark development added 312 units to the Project Area. As
described above, 31 of these 312 units were earmarked for replace-
ment housing; therefore, for calculation purposes only, 281 of these
units are allocated in this Table 9 -- the balance are allocated in Table
6. Additionally one housing unit was substantially rehabilitated in the
Project Area by non - Agency entities in FY 2001 -02. Of this total
amount, and completely from within the Archstone Moorpark
development, the Agency (for purposes of "inclusionary" credit only)
income restricted thirty -one housing units for low - and moderate -
income persons and families.' As a result of this development at the
end of FY 2001 -02, the Agency inclusionary requirement for very low -
income households increased to 18.48 units, yet the low- and
moderate -unit requirement had a "surplus" of 3.28 units.
5 Note that according to Agency staff, Agency legal counsel has determined that these units were income restricted
pursuant to CCRL Section 33413.
ZAOOPln Active \Moorpark \005 \ImpPlanUpdate2O03.v08.wpd 13 jes9 /11103
TABLE 6
UPDATED TOTAL UNITS DESTROYED OR REMOVED BY THE AGENCY INSIDE THE PROJECT AND INVENTORY OF REPLACEMENT DWELLING UNITS PROVIDED'
PROJECT ADOPTION THROUGH JUNE 2002
NO. OF UNITS DESTROYED
NO. OF UNITS REHABILITATED,
CUMULATIVE
OR REMOVED AFFECTING
TOTAL NO.
DESTRUCTION/
DEVELOPED, OR CONSTRUCTED ""'
DIFFERENCE
FISCAL
BEDROOMS
REMOVAL
(DEFICIT[ -]) /(SURPLUS[+])
YEAR
DESTROYED
SUBJECT TO
TOTAL NO.
VERY
LOW-
LOW
INCOME'
LOWER
MOD
INCOME' '
TOTAL"
OR REMOVED
(a,b)'
VERY LOW
INCOME
LOWER
INCOME
LOW -MOD
INCOME
TOTAL
BEDROOMS
PROVIDED'
VERY LOW
LOW -MOD
BALANCE
FORWARD2
1994 -95
1995 -96
1996 -97
1997 -98
1998 -99
1999 -00
2000 -01
2001 -02
29
2
31
65
+29
+2
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).
2 Project Area adoption or January 1, 1976, whichever is later.
a As defined by Health & Safety Code Section 50105
4 As defined by Health. & Safety Code Section 50079.5
5 As defined by Health & Safety Code Section 50093
e From low- or moderate - income housing market, as part of a redevelopment project. If units are 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.
e a. Written agreement with Agency.
b. Financial assistance provided by Agency.
s 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 January 1, 2002, 100 percent 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.
14
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TABLE 7
UPDATED ACTUAL TOTAL UNITS DEVELOPED AND SUBSTANTIALLY REHABILITATED INSIDE PROJECT AREA BY AGENCY'
PROJECT AREA ADOPTION THROUGH JUNE 2002
TYPE OF CONSTRUCTION
UNITS MADE AVAILABLE AT
CUMULATIVE
AFFORDABLE HOUSING COST
AREA STA STATUS
FISCAL
1
2
3
VERY LOW'
LOW - MODERATE'
DEFICIT
SURPLUS
DIFFERENCE-7
YEAR
(IF ANY)
(IF ANY)
(DEFICIT [-])/(SURPLUS [ +]j
NEW
SUBSTANTIAL REHAB'
REQUIRED TO
ACTUAL
REQUIRED
ACTUAL
SINGLE
CONSTRUC-
TION
TOTAL
BE 15% OF
UNITS
TO BE 15% OF
UNITS
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
MULTIFAMILY
FAMILY
COLUMN 3
RESTRICTED
COLUMN 3
RESTRICTED
BALANCE
FORWARD2
1994 -95
1995 -96
1996 -97
1997 -98
NO ACTIVITY
1998 -99
1999 -00
2000 -01
2001 -02
TOTALS
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). 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.
z Project Area adoption or January 1, 1976, whichever is later. Note that the Redevelopment Plan was adopted in 1991 and amended in 1995
' 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.
" As defined by Health & Safety Code Section 50105.
e As defined by Health & Safety Code Section 50079.5. Low - Moderate as defined by Health & Safety Code Section 50093.
e Calculated on a cumulative year -to -year basis.
See Table 17.1 for projection of LMI Fund expenditures (CCRL Sections 33413(b)(1) and (2) and 33334.2 and /or 33334.6).
15
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TABLE 8
UPDATED ACTUAL TOTAL UNITS DEVELOPED AND SUBSTANTIALLY REHABILITATED OUTSIDE PROJECT AREA BY AGENCY'
PROJECT AREA ADOPTION THROUGH JUNE 2002
TYPE OF CONSTRUCTION
UNITS MADE AVAILABLE AT AFFORDABLE HOUSING COST'
CUMULATIVE PROJECT AREA STATUS
1
2
3
,. VERY LOW°
LOW - MODERATES
DEFICIT (IF ANY)
SURPLUS (IF ANY)
DIFFERENCE'•'
(DEFICIT ++) SURPLUS)
FISCAL
YEAR
NEW
SUBSTANTIAL REHAB'
EQUIREDTO
ACTUAL
REQUIRED TO
ACTUAL
SINGLE
CONSTRUC-
TION
TOTAL
BE 15% OF
UNITS
BE 15% OF
UNITS
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
MULTI - FAMILY
FAMILY
COLUMN 3
RESTRICTED
COLUMN 3
RESTRICTED
BALANCE
FORWARD'
1994 -95
NO Activity
1995 -96
1996 -97
1997 -98
1998 -99
1999 -00
2000 -01
2001 -02
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). 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)(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.
' Project Area adoption or January 1, 1976, whichever is later.
3 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.
° As defined by Health & Safety Code Section 50105.
s As defined by Health & Safety Code Section 50079.5. Low- Moderate as defined by Health & Safety Code Section 50093.
s Calculated on a cumulative year -to -year basis.
' See Table 17 for projection of LMI Fund expenditures (CCRL Sections 33413(b)(1) and (2) and 33334.2 and /or 33334.6).
901
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TABLE 9
UPDATED ALL NON - AGENCY DEVELOPED AND SUBSTANTIALLY REHABILITATED DWELLING UNITS WITHIN THE PROJECT AREA'
PROJECT AREA ADOPTION THROUGH JUNE 2002
NON - AGENCY DEVELOPED UNITS MADE AVAILABLE
UNITS DEVELOPED BY OTHERS
AT AFFORDABLE HOUSING COST
CUMULATIVE PROJECT AREA STATUS
VERY LOW'
LOW'- MODERATE'
FISCAL
YEAR
1
2
3
REQUIRED TO
ACTUAL
(REQUIRED TO
ACTUAL
ANNUAL DEFICIT
(IF ANY)
ANNUAL SURPLUS
DIFFERENCE'
NEW
SUBSTANTIAL REHAB'
TOTAL
BE 6% OF
UNITS
BE 9% OF
UNITS
(IF ANY)
(DEFICIT [- ])/(SURPLUS [ +])
CONSTRUC-
(1 +2)
COLUMN 3)
RESTRICTED
COLUMN 3)
RESTRICTED
TION
MULTI - FAMILY
SINGLE FAMILY
VERY LOW
LOW -.MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
BALANCE
FORWARD2
15
15
.9
1.35
.9
1.35
-.9
-1.35
1994 -95
18
1
28
.12
.18
.12
.18
-1.02
-1.53
1995 -96
1
1
.06
.09
.06
.09
1.08
-1.62
1996 -97
1997 -98
2
2
.12
.18
.12
.18
-1.2
-1.8
1998 -99
3
3
.18
.27
.18
.27
-1.38
-2.07
1999 -00
2000 -019
3
3
.18
.27
.18
.27
-1.56
-2.34
2001 -02
28170
1
282
16.92
25.38
1 31
16.92
5.62
-18.48
3.28
TOTAL
300
8
308
18.48
27.72
31
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
2
Project adoption. staff.
3 "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.
"
As defined by Health & Safety Code Section 50105
5 As defined by Health & Safety Code Section 50079.5
a As defined by Health & Safety Code Section 50093
Calculated on a cumulative year -to -year basis.
e From Table 12 p. 25 of the Implementation Plan.
s Source: Agency provided housing production within Project Area for FY 2000 -01 and FY 2001 -02
0 The Archstone Moorpark project constructed in FY 2001 -2002 had a total of 312 units of which 62 were deed - restricted for affordable housing. Since 31 of these 62 deed - restricted units are earmarked to replace housing units
removed by the Agency in FY 2002 -03 for the new Civic Center (please see Table 11) they are accounted for on Table 7.
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Resolution No. 2003 -130
Page 25
6.2 Projected Housing Tabulations FY 2002 -03 through FY 2003 -04
Tables 10 through 14 present an analysis of the Agency's housing assistance activities
projected to occur within the next two years and a summary of the Agency's actual and projected
housing assistance during the term of the Implementation Plan. The information contained in these
tables, in concert with the other parts of this Mid -Term Update, ensure compliance with CCRL
Sections 33490, 33413, 33334.2 and /or 33334.6, 33334.3 and 33334.4. The tables represent what
is required by law regarding affordability, replacement and inclusionary requirements established
in the CCRL and discussed at the beginning of this section of the Mid -Term Update.
Table 10: As shown on Table 10, in FY 2002 -03 there were a total of 32 dwelling units
removed from the affordable housing inventory in the Project Area (to
construct the new Civic Center [30 units], provide access for the Fire Station
[one unit], and eliminate dangerous nonconforming uses [one unit]) of which
21 were occupied by very low- income households, seven by lower- income
households and four by low- or moderate - income households. Together
these 32 dwelling units included 44 bedrooms. As shown on Table 6 (and
shown as a "balance forward" in Table 10), the Agency has, within four
years of the removal of these 32 dwelling units, allocated: i) in FY 2001 -02
a total of 29 replacement units to be occupied by very low- income
households and two replacement units to be occupied by lower - income
households; and ii) in FY 2002 -03 allocated one housing unit to be occupied
by a very-low income household. As shown in the "TOTALS" row in Table
10, the Agency has completely met its current housing replacement
obligation in all respects, i.e. a sufficient number of units with a sufficient
number of bedrooms which are appropriately income restricted.5
Table 11: As shown on Table 11, the Agency expects to develop three single family
homes inside the Project Area on Agency -owned parcels. This development
will create one very low- and two low- and moderate- income dwelling units.
Since all of these units will be income - restricted pursuant to CCRL Section
33413, this development produced a surplus of 0.55 very low- income and
1.55 low- and moderate- income housing units for the Agency.
Table 12: As shown on Table 12, the Agency does not anticipate developing or
substantially rehabilitating any affordable units outside the Project Area.
Table 13: Table 13 shows that non - Agency developed and substantially rehabilitated
units within the Project Area are projected to increase by an additional 454
units during the remaining two years of the term of the Implementation Plan.
As described above, new construction or substantial rehabilitation "triggers"
the inclusionary housing requirement. Were all 454 dwelling units to be
constructed or substantially rehabilitated, the Agency would incur an
6 As of January 1, 2002, the CCRL requires that all "replacement" units be income restricted either at or below the
affordability category which is the same as that of the units removed. Moorpark actually replaced all seven of the lower
income housing units and two of the four low- and moderate - income units removed from the Project Area with very low -
income units and the other two of the four low- and moderate - income units removed from the Project Area with lower -
income units.
Z:100PIn Active\ Moorpark \OO5UmpPlanUpdate2003.v08.wpd 18 jes9 /11/03
Resolution No. 2003 -130
Page 26
additional inclusionary obligation of 68.1 units (15 percent of 454). City
staff reports that the various developers will enforceably income restrict 229
of the 454 dwelling units proposed to be constructed (50 percent of all
units).' Twenty -five percent of these units (59 units) will be made available
to very -low income households and 75 percent of these units (170) will be
made available to low- or moderate income households. Consequently, as
shown on the "TOTALS' row in Table 13, by the end of the Implementation
Plan period, the Agency is projected to enjoy a net surplus of 13 very low -
income housing units and 135 low- and moderate- income housing units.
Table 14: Table 14 shows "totals" from Tables 9 -13 in order to show the grand total
surplus of affordable housing units the Agency is projected to enjoy at the
end of FY 2003 -2004. The Agency is projected to have no replacement
housing obligation. In addition, if the Agency income restricts its anticipated
number of units which are projected to either be constructed or substantially
rehabilitated, it will enjoy a surplus of approximately 147 affordable housing
units at the end of FY 2003 -04.
Note that according to Agency staff, Agency legal counsel has determined that these units were income restricted
pursuant to CCRL Section 33413.
ZA00PIn Active\ Moorpark \005 %lmpPlanUpdate2003.vO8.wpd 19 jes9 /11103
TABLE 10
UPDATED ESTIMATED NUMBER OF UNITS TO BE DESTROYED OR REMOVED INSIDE PROJECT AREA BY AGENCY
AND ESTIMATED NUMBER OF REPLACEMENT DWELLING UNITS'
JULY 2002 - JUNE 2004
MONITORING
NO. OF UNITS TO BE DESTROYED
TOTAL
NO. OF UNITS TO BE
PROJECT AREA STATUS
OR REMOVED AFFECTING'
NO. OF
BEDROOMS
DESTRUCTION/
REHABED, DEVELOPED; OR CONSTRUCTED'
TOTAL
FISCAL
YEAR
"'
TO BE
REMOVAL
SUBJECT TO
NO OF
BEDROOMS
DEFICIT1 , '
SURPLUS
CUMULATIVE
DIFFERENCE
DESTROYED
(a' b)
TO BE
(IF ANY)
(IF ANY)
{DEFICIT[ -j) /(SURPLUS( +j)
OR
PROVIDED'
VERY
REPLACED
LOW
INCOME'
LOWER
INCOME'
LOW -MOD
INCOME=
TOTAL
VERY LOW
INCOME
LOWER
INCOME
LOW -MOD
INCOME
TOTAL °
UNITS
BEDROOMS
UNITS
BEDROOMS
VERY LOW
LOW -MOD
BALANCE
FORWARD
29
2
31
65
31
65
+29
+2
2002 -0312
21
7
4
32
44
1
1
3
-31
-41
0
24
0
0
2003 -04
0
0
0
TOTALS
21
7
4
1 32
44
30
2
32
68
0
1
0
0
Complies with CCRL Section 33413(a) & (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).
From low- or moderate - income housing market, as part of a redevelopment project. it 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
5 As defined by Health & Safety Code Section 50093
Within territorial jurisdiction of Agency; must be an equal number of replacement units as those displaced.
e Replacement units must be provided within four years of displacement.
e 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.
2 One, 2- bedroom unit was removed for access to the Fire Station. This unit was replaced in the same year with one 3- bedroom unit within the Project Area (284 Charles Street). Thirty -one units have been removed at the site of
the new Civic Center. Twenty -eight homes were in an Agency owned Mobile Home Park , one duplex and a single family house. All of these units were replaced in the same fiscal year in the Archstone Moorpark development.
20
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UPDATED ESTIMATE OF TOTAL UNITS TO BE DEVELOPED AND SUBSTANTIALLY REHABILITATED INSIDE PROJECT AREA BY AGENCY'
JULY 2002 - JUNE 2004
TYPE OF CONSTRUCTION
UNITS MADE AVAILABLE AT AFFORDABLE HOUSING COST'
CUMULATIVE PROJECT AREA STATUS
1
2
3
VERY LOW'
LOW'- MODERATE'
DEFICIT
SURPLUS
DIFFERENCE'
FISCAL
(IF ANY)
(IF ANY)
(DEFICIT [ -]) /(SURPLUS ( +])
YEAR
SUBSTANTIAL REHAB
REQUIRED TO
ACTUAL
REQUIRED TO
ACTUAL
NEW
CONSTRUCTION
TOTAL
BE
15% OF
UNITS
BE
15% OF
UNITS
-
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
MULTI-
FAMILY
SINGLE FAMILY
COLUMN 3
RESTRICTED
COLUMN3
RESTRICTED
BALANCE
FORWARD
2002 -03
2003 -04
3'
3
3
.45
1
.45
2
.55
1.55
+.55
+1.55
TOTALS
3
3
.45
1
.45
2
+.55
+1.55
Compliance with Sections 33413(b)(1) & (c), 33490(a)(2)(A)(ii) & 33413(d)(1). The Agency shall require that the aggregate number of incfusionary 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).
z "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.
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
° Calculated on a cumulative year -to -year basis.
Three units are part of the Colmer Project
21
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UPDATED ESTIMATE OF TOTAL UNITS TO BE DEVELOPED AND SUBSTANTIALLY REHABILITATED OUTSIDE PROJECT AREA BY AGENCY'
JULY 2002 - JUNE 2004
TYPE OF CONSTRUCTION
UNITS MADE AVAILABLE AT AFFORDABLE HOUSING COST'
CUMULATIVE PROJECT AREA STATUS
1
2
3
VERY LOWS
LOW4 - MODERATE'
DEFICIT
SURPLUS
DIFFERENCE'
FISCAL
(IF ANY)
(IF ANY)
(DEFICIT [ -]) /(SURPLUS [ +))
YEAR
NEW
SUBSTANTIAL REHAB :
REQUIRED TO
ACTUAL
REQUIREDTO
ACTUAL
CONSTRUC-
TOTAL
BE
15 OF
UNITS
BE
t5 OF
UNITS
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
TION
MULTI - FAMILY
SINGLE FAMILY
COLUMN 3
RESTRICTED
COLUMN 3
RESTRICTED
BALANCE
FORWARD
NO ACTIVITY
2002 -03
2003 -04
TOTALS
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).
e "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.
3 As defined by Health & Safety Code Section 50105
4 As defined by Health & Safety Code Section 50079.5
5 As defined by Health & Safety Code Section 50093
e Calculated on a cumulative year -to -year basis.
22
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TABLE 13
UPDATED ESTIMATE OF ALL NON - AGENCY DEVELOPED AND SUBSTANTIALLY REHABILITATED DWELLING UNITS WITHIN THE PROJECT AREA'
JULY 1999- JUNE 2004
UNITS REQUIRED TO BE
AVAILABLE AT AFFORDABLE HOUSING COST
MONITORING
NO, OF UNITS DEVELOPED BY OTHERS
VERY LOW'
LOW'- MODERATE'
CUMULATIVE PROJECT AREA STATUS'
FISCAL
YEAR
1
2
3
ANNUAL DEFICIT
ANNUAL SURPLUS
DIFFERENCE'
SUBSTANTIAL REHAB
REQUIRED TO
ACTUAL
(REQUIRED TO
ACTUAL
(IF ANY)
(IF ANY)
(DEFICIT [ -]) /(SURPLUS 1 +])
NEW
TOTAL
BE 6% OF
UNITS
BE 9% OF
UNITS
MULTI-
SINGLE
CONSTRUC-
(t +2)
COLUMN 3)
RESTRICTED
COLUMN 3)
RESTRICTED
TION
FAMILY
FAMILY
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
VERY LOW
LOW -MOD
BALANCE
FORWARD
300
8
308
18.48
27.72
31
-18.48
+3.28
-18.48
+3.28
2002 -03
26
26
1.56
28
2.34
56
+.44
+2.66
-18.04
+5,94
2003 -04
428
428
25.68
579
38.52
1659
+31.62
+126.48
+13.58
+135.70
TOTAL
754
8
762
45.72
59
68.58
201
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).
z "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.
3 As defined by Health & Safety Code Section 50105
" As defined by Health & Safety Code Section 50079.5
5 As defined by Health & Safety Code Section 50093
e The Agency may cause, by agreement or regulation, to be available, at affordable housing costs, to persons of tow -, 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.
e The Very Low Income and Low- Moderate Income units were built as part of the Mountain View development.
s The Very Low Income homes will be built by the Colmer (1 unit), Cabrillo (2 units), Shea Homes (6 units), USA properties (48 units) developments. The Low- Moderate- Income homes will be built by the Colmer (2 units), Cabrillo (6
units), Shea Homes (15 units), TR Partners (1 unit), and USA properties (141 units and one manager unit not counted in the affordable calculation).
23
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TABLE 14
SUMMARY TOTALS OF HOUSING REQUIREMENTS
ACTUALS THROUGH FY 2001.02 PROJECTIONS FY 2002 -03 AND FY 2003 -04 TOTALS
CATEGORY
NEW'
VERY
LOWER
LOW-
TOTAL i<
NEW'
VERY
LOWER
LOW-
TOTAL
NEW'
VERY
LOWER
LOW-
TOTAL"
Total Constructed /- Rehabed
LOW
MOD
3
LOW
MOD
3
LOW
MOO
REPLACEMENT.
0.45
Total Removed
.0.9"` ;
-0.45
0 �-
-21
-7
-4
=32 "
21
7
4
38
Total Replaced
"'a
29
2
31 "
3" "
1
1.
30
2
0.55
32
Net Surplus / <Net Deficit>
`2.1,-
29
221.'
.-
2.t
20
7
4
-31
9
5
4
INCLUSIONAAY "
Total Constructed /- Rehabed
308
454
Constructed by Agency
Total Constructed /- Rehabed
3
3
Total Required
0.45
0.45
.0.9"` ;
-0.45
- 0.45,-
Total Provided
1
2
"'a
1
2
3" "
Net Surplus / <Net Deficit>
0.55
1.55
`2.1,-
0.55
1.55
2.t
CONSTRUCTED. BY OTHERS
Total Constructed /- Rehabed
308
454
762
Total Required
18.48
27.72
46 2+
27.24
40.86
-45.72
-68.58
-1 1.4.3
Total Provided
0
31
31
59
170
999 `""
59
201
259 "
Net Surplus! <Net Deficit>
18.48
3.28
- 15.2 i
31.76
129.14
1809,, ,
13.28
132.42
1461,
TOTALS"
Total All Categories
308
457
765
22.83
-5
129.97
147.8
Total Restricted
29
2
31
6; , ;
61
0
172
3
90
2
203
29�
Total Required
-18.48
0
-27.72
_46.2 "'
-48.69
-7
-45.31
.101 -,
-67.17
-7
-73.03
147:2:
Total Surplus / <Net Deficit>
10.52
2
3.28
15.$ f
12.31
-7
126.69
732. "
22.83
5
129.97
147.8
' Includes "substantial rehabilitation" as appropriate.
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6.3 Consistency with City's General Plan Housing Element
CCRL Section 33413(b)(4),requires that each agency, "...as part of the implementation plan
required by Section 33490, shall adopt a [Housing Production] Plan...." CCRL Section 33413 (b)(4)
requires that "[t]he Plan shall be consistent with ... the community's housing element." Additionally,
"[t]he Plan shall be reviewed and, if necessary, [be] amended at least every five years in
conjunction with either the housing element cycle or the Plan implementation 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 that "[a]n 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 Implementation Plan identified three goals from the General Plan which related to
affordable housing but also relayed that the General Plan was then currently being amended.
Although these goals are no longer current, they have been attached to this Midterm Update as
Appendix B for the convenience of the reader. The currently updated Housing Element provides
a revised set of goals which are listed below:
Goal 1: Assure the quality, safety, and habitability of existing housing and
continued high quality of residential neighborhoods
Goal 2: Provide residential sites through land use, zoning and specific plan
designations to provide a range of housing opportunities.
Goal 3: Expand and protect housing opportunities for lower income
households and special needs groups.
Goal 4: Where appropriate, mitigate unnecessary governmental constraints
to the maintenance, improvement, and development of housing.
Goal 5: Ensure fair and equal housing opportunity for all persons regardless
of race, religion, sex, martial status, family type, ancestry, national
origin, color or other protected status.
Inasmuch as, i) 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, ii) the Agency
is required to spend no less than 20 percent of all tax increment monies on affordable housing
programs, and iii) the Agency has identified in the Implementation Plan and this Midterm Update
those housing projects and programs and the number of dwelling units that it projects to develop,
rehabilitate or assist the development of; the Agency determines that its current housing goal and
objectives, ongoing activities, and housing production plan, as outlined in the Implementation Plan,
and the Agency's housing goal and objectives (as identified in Section 2.3 of this Midterm Update),
are consistent with the current Housing Element of the City's General Plan.
25
Resolution No. 2003 -130
Page 33
7.0 UPDATED AGENCY LMI FUND PROGRAMS AND RELATED EXPENDITURES
(1999 to 2004)
CCRL Section 33490(a)(1)(A) requires that the implementation plan prepared and adopted by each
redevelopment agency contain "...the specific programs, including potential projects and estimated
expenditures proposed to be made during the next five years..."
Table 16 provides the update of actual and projected Agency program expenditures for the LMI
Fund for the Implementation Plan period. Appendix C lists the specific housing projects that are
currently being undertaken by the Agency. A review of Table 15 will show the following:
7.1 Review of Actual Income and Expenditures in the LMI Fund: FY 1999 -00
through FY 2001 -02
Actual tax increment income increased steadily over the three fiscal years from $399,572
in FY 1999 -00 to $529,203 in FY 2001 -02, representing a 32 percent increase.
Actual expenditures for FY 1999 -00 through FY 2001 -02 were provided by the Agency Staff.
A review of Tables 7 and 10 will show that the Agency secured 62 affordability covenants in FY
2001 -02 yet, a review of Table 15 will show that project costs during this fiscal year were only
nominal. Reasons for this apparent anomaly will be provided in Section 7.2 of this Midterm Update.
Table 15 shows heavy expenditures for relocation costs in FY 2001 -02 as a result of the relocation
of trailer park residents for the new Civic Center. By the end of FY 2001 -02 the Agency had
doubled its FY 1999 -00 Yearly Beginning Balance of $1.4 million to a Yearly Ending Balance of
$2.8 million.
7.2 Review of Projected Income and Expenditures in the LMI Fund: FY 2002 -03
and FY 2003 -04
UFI has projected tax increment income for FY 2002 -03 based upon assessed valuation
provided by Ventura County for FY 2002 -03 at $691,656, increasing to $726,239 in FY 2003 -04
(i.e. 20 percent of total tax increment income for each year). Other sources of income (including
yearly beginning balances and interest and other income) help the Agency increase its total
available funds to $3.7 million in FY. 2002-03 and $2.9 million in FY 2003 -04.
As with "actual expenditures" described above, Agency staff is projecting future
expenditures, for "Project Improvement/Other" at relatively nominal amounts given the amount of
affordable housing which is also being projected to be provided. For instance, the Agency is
projecting that it will secure a total of 222 affordable covenants in FY 2003 -04, yet is anticipating
the expenditure of only $660,000 in FY 2003 -04 - -a ratio of only $2,973.00 per unit. Agency staff
has indicated these amounts are appropriate because City policy requires developers to deed-
restrict at least ten percent of all units constructed citywide, and in order to comply with the
requirements of CCRL Section 33413, at least 15 percent need to be deed - restricted inside the
Project Area. According to City staff, those units developed outside the Project Area are deed
restricted with covenants running to the City.' The Agency has not (to date) subsidized any deed -
restricted housing units developed within the Project Area. Agency staff expects that the affordable
a City staff has indicated that the City attorney has reviewed the deed restrictions that are in place for all constructed units
and will review all future deed restriction to ensure compliance with CCRL requirements.
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Resolution No. 2003 -130
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homes projected to be developed in the Project Area in FY 2003 -04 will have deed restrictions
which will allow them to be counted as "replacement" or "inclusionary" units pursuant to CCRL
Section 33413.
Projected expenditures for FY 2003 -04 and FY 2003 -04 are based upon discussions with
Agency staff (for programs and costs of administration) and UFI projections of debt service
payments.
7.3 Excess Surplus
The Agency is required annually to report to the State any excess surplus in the LMI Fund
pursuant to CCRL Sections 33080.7 and 33334.12(g). "Excess surplus" is determined by
comparing the "Adjusted Balance" in the LMI Fund to the greater of: (1) $1,000,000 or (2) the
aggregate amount of tax increment deposited to the LMI Fund during the four prior fiscal years.
If the Adjusted Balance exceeds the greater of item (1) or (2), then an Excess Surplus exists.
Items that may be deducted from the LMI Fund balance to arrive at the Adjusted Balance are
unspent proceeds of debt issues and land conveyance losses.
The calculation contained in the annual report to the State (the "HCD Report ") requires the
Agency to determine the amount of Excess Surplus, if any, on the first day of a fiscal year. Thus,
for example, the amount of Excess Surplus (if any) for FY 2000 -01 is reported on the FY 2001 -02
HCD Report. As of July 1, 2002, the remaining excess surplus in the LMI fund was $88,049. It is
estimated that net FY 2002 -03 expenditures exceeded that amount? Therefore, the Agency has
no current excess surplus and is not anticipated to have one for FY 2003 -04.
7.4 Fair Share Housing Allocation
The State Legislature adopted Assembly Bill 2853 in 1980 requiring all councils of
governments to develop regional allocations of housing needs for all income categories (fair share
of housing) based on regional housing needs. The Southern California Association of
Governments (SCAG) has determined the City's future "housing needs based upon household
growth forecasts, plus a certain amount of units needed to account for normal growth and an
appropriate level of vacancies and the replacement of units that are normally lost to conversion or
demolition." 1' Table 16 identifies the City's estimated 1998 -2005 housing need by income. The
data reaffirms the need for the Agency to assist in the provision of very low -, low -, and moderate -
income housing and the nexus to CCRL 33334.4.
9 Final numbers for FY 2002 -03 will be available after audit is performed.
10 City of Moorpark General Plan, p. 2 -21
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TABLE 15
UPDATED ACTUAL AND ESTIMATED LMI FUND PROGRAM EXPENDITURES'
(FISCAL YEAR 11999-0070 2003 -04)
PROGRAM CATEGORY EXPENDITURES
FISCAL YEAR
1999 -002
2000 -012
2001 -022
2002 -033
2003 -04°
Yearly Beginning Balances
$1,413,490
$1,698,944
$2,156,931
$2,855,038
$2,000,682
Estimated Receipts
A. Tax Increment,
$399,572
$508,380
$529,203
$691,656
$726,239
B. Interest Income /Other
$73,996
$204,525
$108,890
$61,900
$118,800
C. Other
$10,231
$12,867
$99,019
$60,850
$12,720
Total Available
$1,897,289
$2,424,716
$3,715,118
$3,669,444
$2,859,441
Estimated Expenditures
A. Administration
$62,961
$111,465
$163,334
$318,537
$251,112
B. Project Improvement/Other
$1,546
$5,971
1,198,000
$660,000
C. Debt Service
$133,838
$141,320
$152,727
$152,225
$152,542
E. Relocation Costs
$538,048
Total Expenditures
$198,345
$267,785
$860,080
$1,668,762
$1,063,654
Yearly Ending Balance
$1,698,944
$2,156,931
$2,855,038
$2,000,682
$1,795,787
Complies with CCRL § 33490(a)(1)(A).
2 Based on audited financial statements.
3 Based on projected FY 2002 -03 figures from Agency's FY 2003 -04 Budget
Based on Agency's FY 2003 -04 Budget.
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TABLE 16
FAIR SHARE HOUSING ALLOCATION 1998 -2005 (7.5 YEARS)
INCOME GROUP
INCOME
THRESHOLDS'
NUMBER OF
UNITS
PERCENT OF
TOTAL
Very Low (0 -50% County Median Income)
<$37,350
269
21%
Other Lower(50 % -80 %o County Median Income)
<$56,500
155
12%
Moderate(80% -120% County Median Income)
<$73,600
383
31%
Above Moderate (over 120% County Median
Income)
<$88,320
448
36%
Total Units
1255
100%
' Median Family Income based on a family of four effective February 20, 2003
Sources: Ventura Council of Governments, May 2, 2000 printed in City of Moorpark General Plan P.2 -21
Ventura County Housing Authority webpage http:// www. ahacv. org /section8 /income_limits.htmi
7.5 Conclusions
Considering Moorpark's size and the rapidly inflating cost of housing," the Agency has
achieved remarkable success in the production of affordable housing. Three hundred new units
have been constructed and eight homes have been substantially rehabilitated. To date, there have
been 31 affordable units which have been income restricted. Additionally, there have been 31
affordable units allocated as replacement units for housing that has been removed from the Project
Area. Assuming that all approved residential projects within the Project Area are completed as
planned, 454 new dwelling units will be developed within the next two years. Of these, 229 are
projected to be priced to be affordable to very -low income, low income and moderate income
families in accordance with CCRL Section 33413. The Agency will have satisfied its "replacement"
and "inclusionary" requirements and will, as Table 14 shows, enjoy a comfortable surplus of
affordable housing units going into the third implementation plan cycle.
In conjunction with the provision of affordable units the Agency also was responsible for the
timely relocation of the residents of the Moorpark Mobile Home Park. This relocation effort was
orchestrated at the cost of over $1 million, not including land costs. Many residents purchased
larger mobilehomes in other parks or conventional housing. A replacement home was constructed
by the Agency for the household whose home was purchased for the new fire station on High
Street.
While the aforementioned represents substantial housing activity achievements in a short
period of time, the shortage of affordable housing necessitates more units to be produced in the
future. Strategic partnerships need to be pursued with selected development interests, in order
to leverage limited public resources. The Agency could potentially facilitate the creation of the
critically needed new affordable housing units through land acquisition in the downtown area,
which could then be privately developed for higher density housing. This public private partnership
11 The City median home price was $415,000 in March 2003 according to Data Quick Information cited in "March Sales
for Orange and Ventura Counties" Los Angeles Times, May 5, 2003, p. K4.
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Resolution No. 2003 -130
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would increase the supply of affordable housing units available to the citizens of the City, while
simultaneously maximize the efficiency of the Agency funds.
Currently the Agency's eminent domain authority has expired. Agency staff relays that this
condition has limited its ability to pursue its state mandated objectives to eliminate blight and
provide affordable housing in the Project Area. While redevelopment agencies typically use their
powers of eminent domain sparingly, there may be an occasion where one "hold -out" property
owner is able to thwart the accomplishment of an important project of blight removal if the
redevelopment agency is unable to purchase all the parcels which would comprise that project.
The eminent domain authority, therefore, is an extremely important tool which allows the Agency
to adequately utilize its resources to acquire and assemble property for public uses. City staff is
preparing to ask the City Council to place a proposed amendment on the ballot in 2004 which, if
approved by the voters, would allow the Agency to commence procedures to amend the
Redevelopment Plan to restore the eminent domain authority to the Agency in all or portions of the
Project Area (shown on Figure 1).
8.0 UPDATED PROJECTS
Please see Table 3 for a review of the ongoing projects which the Agency intends to
continue implementing over the balance of the term of the Implementation Plan. Note the Agency
currently has two active housing programs: a housing preservation program which provides funds
to "preserve" existing dwelling units that need only rehabilitation, and a property improvement
program which provides funds to remove old, deteriorated, vacant structures (primarily residential
structures) and replace them with new development.
9.0 TEN -YEAR AND LIFE -OF- THE -PLAN HOUSING REQUIREMENTS
CCRL Section 33490(a)(2)(B) 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:
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.
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 on 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.
(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.
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Resolution No. 2003 -130
Page 38
(v) Estimates of the number of agency developed units for very low -, low -, and
moderate - income households which will be developed by agency during
the next five years to meet the requirements of paragraph (1) of
subdivision (b) of Section 33413.
10.0 CONCLUSION
This Midterm Update describes the projects and programs which are proposed to be
undertaken by the Agency during the remaining two years of the 1999 -2004 Implementation Plan
(see Table 3) 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.
The Agency will also be affected by the economics of the State of California. The efforts of
the State Government to balance the deficit will dramatically affect the solvency of the Agency in
the coming years. California Bill SB 1045 introduced by the Committee on Budget and Fiscal
Review has changed the amount of tax allocation that local agencies will be allowed to retain. The
revenue decrease will affect the ability of the Agency to pursue its goals and objectives in the next
fiscal year and years to follow. The Agency should be aware of these changing provisions to the
allocation of funds in order to properly implement their goals in the upcoming fiscal year.
ZA00Pfn Active\ Moorpark \005 \ImpPlanUpdate2003.v08.wpd 31 jes9/11103
Resolution No. 2003 -130
Page 39
APPENDIX A
GOALS FROM THE INITIAL
IMPLEMENTATION PLAN
Resolution No. 2003 -130
Page 40
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 strategic located parking on High Street including
consideration of parking in lieu fee program.
e. Continue efforts to enhance the downtown park.
Work with 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.
Resolution No. 2003 -130
Page 41
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.
Overall Goal 2: 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.
"Section 2 Goal 2: Meet the needs of current residents of the City of Moorpark by upgrading
affordable, low and moderate income units through improvements of
existing housing units and promoting greater housing affordability.
"Section 3 Goal 2: Assist in the development of adequate housing to meet the needs of low
and moderate income households.
Resolution No. 2003 -130
Page 42
CHANGES TO AFFORDABLE
HOUSING REQUIREMENTS
EFFECTIVE JANUARY 1, 2002
Resolution No. 2003 -130
Page 43
CHANGES TO AFFORDABLE HOUSING REQUIREMENTS (AB 637 AND SB 211):
EFFECTIVE JANUARY 1, 2002
Use of Affordable Housing Funds
Affordability Levels:
AB 637.• The Redevelopment Agency's 10 year implementation plan must allocate housing
funds to low and very low income individuals and low and moderate income families at a
rate equal to or greater than their proportion of funding, as required by the respective City's
General Plan housing element, for total low, very low and moderate income people.
Senior Housing:
AB 637. Housing funds available to seniors must be equal to or less than the proportion of
the population above 65 to the total population. Small Agencies with less than $2 million
total deposited over the first five years have a total of 15 years to meet affordability
requirements.
On -Site or Off -Site Improvements
AB 637: Housing fund money may be spent if and only if i) the improvements are part of
the new construction or rehabilitation of affordable housing units for low or moderate
income people directly benefitting from such improvements, ii) the improvements are a
reasonable and fundamental part of the housing units and iii) the units are subject to
affordability covenants. If the affordable units are part of a larger project, only the
affordable units' proportionate share of on -site and off -site improvements may be paid for
with housing funds.
Substitution of Housing Funds for Other Available Moneys
AB 637: In the event that housing funds will be used to cover 50 percent or more of the cost
to produce affordable housing units, the Agency must make a finding that the owner of the
units was unsuccessful in soliciting other reasonable funding sources.
Replacement Housing Obligations
Levels of Affordability
AB 637.• 100 percent of replacement units must be available at affordable costs to people
of the same income level or lower.
Housing Production Obligation
SB 211 and AB 637.- The definition of "substantially rehabilitation dwelling unit" has been
changed to mean "substantially rehabilitated, with agency assistance, multifamily rented
dwelling units with three or more units, or substantially rehabilitated, with agency
Resolution No. 2003 -130
Page 44
assistance, single- family dwelling units with one or more units." After January 1, 2006, all
new or rehabilitated units will trigger or satisfy the production requirements.
Affordability Covenants
AB 637 and SB 211: Units, as described above, must be under covenant and remain
affordable for at least 55 years for rental units and 45 years for owner occupied units.
Rental units may cease to be affordable before 55 years if comparable affordable units are
available within the community prior to displacement of low and moderate income people
and the replacement units are not constructed using housing funds. The owner occupied
units may be sold prior to 45 years if they are subject to an equity sharing agreement.
Compliance with Affordable Housing Obligations
SB 211: The Agency is required to fulfill its affordable housing requirements prior to the
time limit on the effectiveness of the redevelopment plan. In addition, the Agency is bound
to uphold the CCRL spending requirements of surplus housing funds (usually above $1
million or the total amount deposited in the preceding four years). Expenditure of these
funds is enforceable through the courts.
Time Limit on the Effectiveness of the Redevelopment Plan
SB 211: If the Agency has not fulfilled its affordable housing obligations within the time limit
on plan effectiveness for a project area, the time limit will be suspended and all tax
increment will go to affordable housing until such obligations are met.
Time Limit on Payment of Indebtedness
SB 211: If the Agency has not fulfilled its affordable housing requirements prior to the time
limit for payment on indebtedness, the time limit will be suspended and all tax increment will
go to affordable housing until such obligations are met.
Tax Increment Cap
SB 211: If the Agency has not fulfilled its affordable housing requirements prior to
exceeding the tax increment cap, the tax increment cap will be suspended and all tax
increment will go to affordable housing until such obligations are met.
Use of Remaining Moneys in the Housing Fund
If any housing money remains after fulfilling the affordable housing obligations, the Agency
must transfer the money to another project area. If no more exist, the funds are to be
transferred to a special fund of the city, the city or county housing authority. Wherever the
funds are transferred, they are governed by the same set of rules and regulations as with
the Agency.
P
Resolution No. 2003 -130
Page 45
Implementation Plan Requirements
SB 211: The implementation plan for a project area that is within six years of the expiration
of the redevelopment plan must address the Agency's ability to fulfill replacement housing
and housing production obligation prior to the time limit and Agency plans for spending
remaining housing fund money prior to the end of the redevelopment plan.
Priority Occupancy for Displaced Persons
AB 637. People or families displaced by redevelopment activities must be given priority in
renting or owning affordable housing developed with Agency assistance or allocated
towards housing replacement or production requirements. The Agency must maintain a list
of persons and families eligible for priority and reasonably maintain it.
3
Resolution No. 2003 -130
Page 46
APPENDIX C
SUMMARY OF AGENCY
PROGRAMS AND ACTIVITIES
0
Resolution No. 2003 -130
Page 47
SUMMARY OF AGENCY PROGRAMS AND ACTIVITIES
Participation Key:
a - Funding e - Housing Opportunities
b - Recruitment and Planning Assistance f - Negotiations
c - Business Retention /Development g - Program Development
d - Fund Raising
Item
Agency Programs
Description
Date
Type
Participation
..
Downtowb: �ievttaPP�ailonr, • �.
Lease of Agency -owned storefront
Established
1
property on High Street to such uses as
1995 and
c
Lease of High Street Parcels
a restaurant, senior thrift store and office.
ongoing
Funded a Downtown Market Analysis
2
Study to provide the Agency with
FY 1999 -00
a,b,c
Market Analysis
development concept and tools to
revitalize the downtown.
City Council approved Moorpark Civic
Facilities Development and Financing
3
Civic Facilities Development
Plan designating sites, design
considerations and financing sources for
November
a g
and Financing Plan
a new Civic Center, Police Services
2001
Center and Public Works /Parks
Department Corporation Yard.
Assisted with acquisition of the Theater
Theater on High Street and
on High Street and adjacent properties
FY 2001 -02 to
a,b,c
4
Adjacent Property Acquisition
through loans to the Lawrence Janss
FY 2003 -04
Corporation.
$75,000 for improvements to land the
Agency currently owns to provide off -
Downtown Parking
street parking in support of the existing
5
and proposed retail and office uses along
FY 2002 -03
a,c
Improvements
High Street and Moorpark Avenue. These
improvements included paving, striping
and landscaping of the parking lot.
Acquired property for and temporarily
6
Public Works Temporary
relocated Public Works Department.
FY 2001 -02
a,e
Offices
Property was purchased ultimately for
affordable housing development.
Issued $11 million in tax exempt tax
increment bonds to assist with land
acquisition for Agency Program No. 3
December
7
Civic Facilities Development
above, (including construction of the
2001
a'g
Police Services Center) as well as other
downtown infrastructure improvements.
Implemented a property acquisition,
8
Property Program
assembly and disposition program to
Ongoing
b,c,g
attract commercial (retail and commercial
uses) and public facilities uses.
Established an in -lieu parking fee for
businesses to buy into public parking at
9
Parking Fee -in -Lieu
a fixed rate of $3,000.00 per space,
Established
b,c
permitting new or expanding businesses
May 2002
to satisfy parking requirements with off -
site parking.
Resolution No. 2003 -130
Page 48
SUMMARY OF AGENCY PROGRAMS AND ACTIVITIES
Participation Key:
a - Funding e - Housing Opportunities
b - Recruitment and Planning Assistance f - Negotiations
c - Business Retention /Development g - Program Development
d - Fund Raising
Item
Agency Programs
Description
Date
Type of
Participation
10
Business Loan Program
Low interest loans for businesses on the
Inception
1997-
a,c
High Street area
ongoing
Acquired property for new Fire Station 42
site on the corner of High Street and
Magnolia (2001). Approved an
agreement with the Ventura County Fire
Protection District to trade the District's
FY 2001 -02
11
Fire Station 42 Land
Station 42 property on Moorpark Avenue
through FY
a,e,f,g
Acquisition and Exchange
for Agency owned property on High
2003 -04
Street. Completed property exchange
agreement for High Street Fire Station
(2002). Acquisition of 661 Magnolia for
Fire Station property on High Street
(2003).
City Council approved a plan to acquire a
two acre site at 612 Spring Road for
construction of a 28,000 sq.ft. Human
Services Complex for a medical clinic,
12
Human Services Complex
"under one roof" human services facility,
March 2003
a,b,f,g
and a permanent site for Catholic
charities. The Agency provided a
$28,800 site improvement grant from
Agency funds for a temporary facility at
the site.
Expenditure of approximately $147,000
to provide sidewalk repair and
improvements along High Street and
General Infrastructure
Moorpark Avenue in the downtown area.
FY 2001 -02
13
Improvements to the
These improvements (which are partially
and FY 2002-
a
Downtown
complete) will include parks, storm
03
drains, street repairs and rail crossings,
landscaping, hardscape improvements,
Planters, curbs and gutters.
F1�4
Infrastructure
GIS Implementation
FY 2001 -02
a,b,g
l= eanomlc'faevelc?pment.. �'..
Economic Development:
Established a Business Enhancement
1
Business Expansion and
Program in partnership with EDC -VC that
FY 2001 -02
a,b,c,g
Retention
focuses on services for business
expansion and retention.
Initiated a quarterly events calendar for
Economic Development:
Moorpark for marketing and attraction
2
Moorpark Revitalization and
purposes and to aid in revitalization of
FY 2002 -03
b,c
Marketing Program
the Downtown Area, and reformatted
recreation guide into City Magazine.
3
Economic Development: Film
Permit Process Update
Updated the process for Film permits
FY 2002 -03
b,c
Resolution No. 2003 -130
Page 49
SUMMARY OF AGENCY PROGRAMS AND ACTIVITIES
7
Participation Kev:
a - Funding e - Housing Opportunities
b - Recruitment and Planning Assistance f - Negotiations
c - Business Retention /Development g - Program Development
d - Fund Raising
Item
Agency Programs
Description
Date
Type of
Participation
i ousing Programs
Ongoing program with the same terms as
described in the Implementation Plan.
1
Housing Rehabilitation Loan
Two projects have been completed
Ongoing
a,e
Program
during 1999 -2002. $200,000 has been
reallocated each year for this program.
Three loans were funded from the City's
original mobilehome rehabilitation loan
program, using funds from the City's
Affordable Housing Trust Fund. The City
was awarded $420,000 for mobilehome
rehabilitation loans in June 2001 from the
California Department of Housing and
Home
CalHomeion
Community Development's (HCD)
Until August
2
Rehabilitation Loan Program
Lo
CalHome Program. Seven loans have
2003
a,e
been funded from this program. The
terms of this program have been revised
to provide for forgivable 10 -year loans at
0% interest. Providing the units are still
owner occupied, 20% of the loan is
forgiven each year from Year 6 through
Year 10. The program has been
extended to August 2004.
Haus�ng Prolets
Negotiated a development agreement
1
New Construction
with MP Group LLC providing 22 low-
FY 1999 -00
e,f
income units and $900,000 for affordable
housing purposes.
Land Acquisition and Creation
Acquired 284 Charles Street through Tax
2
of Replacement Housing
default and construction of replacement
FY 1999 -00
a,e
house at 284 Charles Street
Imposed a development condition with
3
Affordable Housing
TR Partners for 1 low- income unit in an
FY 1999 -00
a,e
eight unit complex.
4
New Construction
62 rent - restricted units in a 312 unit
FY 1999 -02
e
development built by Archstone
Cabrillo /Mountain View: developers
5
Land sale and New
purchased 7.5 acres from Agency to
FY 2001 -02
a,f,e
Construction
develop 59 units (Total units: 15 deed
restricted units; 44 market rate units)
Villa del Arroyo Mobile Home Park
6
Affordable Housing
purchased by a non - profit entity with
FY 2001 -02
a,e
proceeds from a Mobile Home Park
Revenue Bond
7
Resolution No. 2003 -130
Page 50
SUMMARY OF AGENCY PROGRAMS AND ACTIVITIES
Participation Key:
a - Funding
e - Housing Opportunities
b - Recruitment and Planning Assistance f - Negotiations
c - Business Retention /Development
g - Program Development
d - Fund Raising
Item
Agency Programs
Description
Date
Type of
Participation
Relocation of 28 households from
Moorpark Mobile Home Park. Closed
FY 2000 -01
7
Affordable Housing
Moorpark Mobile Home Park Two
through FY
a,e
households on the adjacent property
2002 -03
were also relocated.
Issued tax - exempt bonds ($16 million) for
8
Affordable Housing
Vintage Crest Senior Apartments (190
FY 2002 -03
a,e
affordable units).
Relocation of one Household in
9
Affordable Housing
conjunction with the Colmer Project (TT
FY 2002 -03
a,e
#5307)
Source: City of Moorpark Redevelopment Agency, June, 2003.
1. Family was relocated from 661 Magnolia.
Resolution No. 2003 -130
Page 51
APPENDIX D
INCLUSIONARY AND
REPLACEMENT REQUIREMENTS
FROM THE IMPLEMENTATION
PLAN
Resolution No. 2003 -130
Page 52
VI. AGENCY 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 housing affordable
to very low -, and low- and moderate - income households. This goal is accomplished, in
part, through the compliance with four different, but interrelated requirements imposed on
redevelopment agencies by the CCRL. The requirements are as follows:
An agency must use at least 20 percent of tax increment revenue to
increase, improve and preserve the supply of very low -, and low- and
moderate - income housing in the community (CCRL Section 33334.2);
• An agency must replace, in equal or greater number, very low -, and 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 dwelling units developed by an agency are affordable to very
low -, low- and moderate income persons and families (the "inclusionary
rule," CCRL Section 33413[b][1]);
An agency must ensure that a fixed percentage of all new and substantially
rehabilitated dwelling units developed 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 Section
33413[b][2]).
CCRL Section 33413(b)(4) requires that, as part of an Implementation Plan, the Agency
shall adopt a plan to comply with the requirements of the inclusionary rule. In addition,
CCRL Sections 33413.5 and 33334.5 require replacement housing plans for compliance
with the replacement rule.
THE "REPLACEMENT RULE"
Section 33413(a) of the CCRL 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.
Resolution No. 2003 -130
Page 53
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 -
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 ,2
CCRL Section 33413(b)(1) requires that at least 30 percent of all dwelling units directly
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) of the CCRL 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 nine affordable to persons of
low -or moderate - income, and six 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
CCRL Section 33413(c) 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 and is no shorter than the
effectiveness of the land use controls in the Redevelopment Plan.3
' As defined in Health and Safety Code Sections 50052.5 and 50053.
2 This legislation, as currently written, will expire January 2001 unless re- enacted.
3 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 55 years for rental units or 45 years for owner - occupied
units. Please note that while Agency expenditures pursuant to CCRL Section 33334.3(f) are appropriately expended from
the LMI fund, they do not provide the Agency with any "replacement" or "inclusionary" credits.
Resolution No. 2003 -130
Page 54
DEFINITION OF AFFORDABLE HOUSING
Most governmental programs define housing as affordable when the household is paying
no more than 30 percent of household income for housing. In addition, a median income
based on household size is assessed for each county within the state. Since governmental
programs are intended to provide affordable housing for specific income groups, target
groups of very low (50 percent of County median income), low (80 percent of County
median income) and moderate (120 percent of County median income) are also calculated.
INCLUSIONARY HOUSING PLAN REQUIREMENT
CCRL Section 33413(b)(4), requires each redevelopment agency to adopt a compliance
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 compliance
plan must be consistent with the Housing Element of the City's General Plan. The
compliance 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 compliance
plan must ensure that the requirements of 33413(b) are met every ten years.
CCRL 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 ten 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 ten 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.
CCRL Section 33334.4 provides that over the duration of the redevelopment plan, the LMI
Fund shall be used to assist housing for persons of low- and very low- income in at least the
same proportion as the total number of housing units needed for those income groups
which are not being provided by other governmental programs bears to the total number
of units needed for persons of moderate -, low- and very low- income within the community.
Resolution No. 2003 -130
Page 55
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, Secretary of the Redevelopment
Agency of the City of Moorpark, California, do hereby certify
under penalty of perjury that the foregoing Resolution No. 2003-
130 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 15th day of October,
2003, and that the same was adopted by the following vote:
AYES: Agency Members Harper, Mikos, Millhouse, Parvin and
Chair Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this
31st day of October, 2003.
Deborah S. Traffenste ,
Agency Secretary
(seal)
ESTABLISHED
K*tCH 18,1
co,,