CEDC Who We Are. bringing community home

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2 CEDC Who We Are Over 30 years of experience serving the community Affordable Rental and For-Sale Homes 1,754 homes built and 275 homes in the pipeline 1,093 rental homes in 25 properties owned and managed by CEDC bringing community home

3 Who We Serve People that make a healthy community Individuals Families Seniors Farmworkers Special needs populations bringing community home

4 Importance of affordable homes Provides a safe and decent place for families to live Relieves monthly economic strain for families Occupancy standards allow for more personal space; less overcrowding bringing community home

5 CEDC Properties bringing community home

6 Projects in Construction Simi Valley and Ventura Camino Esperanza, Simi Valley, CA Snapdragon Apartments, Ventura, CA bringing community home

7 CEDC -Plaza de Sol 70 Apartments Simi Valley bringing community home

8 CEDC - Paseo Santa Clara Apartments Apts. Oxnard bringing community home

9 CEDC - Rodney Fernandez Gardens 90 Homes for Families-Santa Paula bringing community home

10 CEDC - Rodney Fernandez Gardens 90 Homes for Families-Santa Paula bringing community home

11 CEDC - Rodney Fernandez Gardens Community Room bringing community home

12 CEDC - Azahar Place Apartments 60 Homes for Families-Ventura bringing community home

13 CEDC - Azahar Place Apartments 60 Homes for Families-Ventura bringing community home

14 Valle Naranjal, Piru CA 66 Apartment Homes Resources to the Community food pantry (Food Share); site amenities (soccer field); Community Room (Zumba, After School Programs, and Computer Lab) Provided 1 full-time employment opportunity for a Piru resident bringing community home

15 Bridgeview Apartments 24 Affordable Apartment Homes bringing community home

16 Project Site

17 Site Information 1.38 Acres Vacant Lot Surrounding uses Single family to the West and South Commercial uses and Warring Park to the North Agricultural to the East zoned for RPD 6du/ac Piru Area Plan Land Use Designation: Residential du/ac Zoning Designation: Residential Plan Development 12 du/ac

18 Current Site Photos Facing North from South of Property

19 Current Site Photos Facing South bringing community home

20 Previous Site Photos

21 History CEDC acquired site January of 2008 Due to market conditions we were unable to move forward with for sale housing initially submitted an application for 16 forsale homes in September 2008 Considering the need in Piru we created a development proposal more consistent to the mission In 2012 CEDC completed demolition on the site because of long-standing community concerns, removal of an underground storage tank all of which addressed code compliance concerns. Submitted current proposed development application in 2012 bringing community home

22 Site Planning Objectives Enhance the existing neighborhood Site clean up and trash removal Create important rental housing opportunities Provide a vegetative buffer with addition of netting on the fence on the east site of the project

23 Proposal 24 apartment homes including one manager apartment (6) 1-Bedrooms (6) 2-Bedrooms (12) 3-Bedrooms Meets all zoning requirements with inclusion of Bonus Density State Law 1,389 s.f. community room Three design incentives allowed under State Density Bonus Law

24 Timeline of PNC Meetings July 2012 Design Review for Piru Neighborhood November 6, 2012 PNC Meeting January 16, 2013 PNC Meeting January 2013 CEDC granted extension to PNC for further review February 6, 2013 PNC Meeting showing revisions September 9, 2013 PNC Meeting to demonstrate new façade and colors per PNC s comments November 19, 2014 Per planner request we represented the project. The project has not changed since Sep 2013 meeting. bringing community home

25 Project Revisions in Response to PNC s Comments Design updated colors and façade Density allowable density with Density Bonus is 31 units total; our proposal is only for 24 Parking exceeded County requirements by 6 parking spaces Public Safety/Circulation designed to meet County standards and will meet conditions required by appropriate reviewing agencies bringing community home

26 Site Architecture

27 4702 East Center Street Piru, CA

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30 Provide pedestrian connection to the outside Provide varying materials and complimentary colors Main entrance of the home should be identifiable A highly articulated front façade promotes a desirable aesthetic Second floor steped back to reduce scale and massing Multiple roof lines create visual diversity, roof broken up a t a minimum of 50 intervals 24 eaves

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38 Project Amenities On-site community room Tot lot, barbeque area, community garden Energy Star rated appliances Washer/dryer, dishwasher, refrigerator, stove On-site resident property manager Environmentally friendly materials and finishes Classes, workshops, services offered to residents and to the community at large Green Point Rated Certified Development

39 Property Management

40 Security Property Management Collaborate actively with the local police department to setup a neighborhood watch Installation of security cameras throughout the project for safety and reference Passive Security by purposely facing buildings towards open areas Engaging all neighbors by creating monthly resident meetings bringing community home

41 Property Management Policies Rental Policy Lease Rules & Regulations Smoke Free Buildings

42 Application Process Application must be complete Every adult must sign the application If application is accepted, every adult must be interviewed Background check is required Credit and Criminal for each Adult

43 Resident Selection Criteria Program Eligibility Income eligibility verification Project Eligibility (Rental Criteria) Credit History last 3 years Rental History last 5 years Criminal background check - last 5 years Applicable occupancy standards Rent to Income Ratio

44 Resident Selection Criteria (Cont.) A lease is not offered if any of the following applies: 1. An eviction in the last 5 years 2. Use of illegal substances 3. Is registered as a sex offender 4. Has a criminal record

45 Occupancy Standards Size Occupancy 1 bd 1 to 2 people 2 bd 2 to 4 people 3 bd 3 to 6 people

46 Grounds for Termination Material noncompliance with the lease 1 or more violations of the lease Nonpayment of rent or other financial obligations Use or attempted use, possession, etc. of an illegal controlled substance Repeated minor violations of the lease Domestic violence Other actions or conduct which disrupts other residents or the property

47 Income Levels The median family income in Piru is $44,808 (US Census) The maximum income of families served ranges from: - $18,630 (1 person) - $51,540 or (6 persons) Projected current rents range from $425 (1bd) to $1,037 (3bd)

48 Financial Benefit for a Family Comparison of Disposable Income Sample Gross Monthly Income of Qualifying Families = $3,695 Market Rent for 2BD = $1,100 Affordable Rent for 2BD = $888 $3,695 - $1,100 = $2,595 $3,695-$888 = $2,807 $212 Monthly Savings for Bridgeview Residents Extra Disposable Income can be spent on goods and services in the community Sales Tax, Youth Sports, etc.

49 Beneficial Project Elements Rental homes will have affordability restrictions of 55 years CEDC will be a long term owner and a part of the community Attractive project will enhance the community and clean up existing property

50 Requested Commission Action Approve Planned Development Permit Request

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