TRANSMITTAL THE COUNCIL THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. ERIC GARCETTI Mayor. To: Date: 8/17/2017.
|
|
- Sophie Glenn
- 5 years ago
- Views:
Transcription
1 TRANSMITTAL To: Date: 8/17/2017 THE COUNCIL From: THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. (Ana Guerrero) ERIC GARCETTI Mayor
2 , irffflhaly' & P d 7 Los Ar.geles HOUSING + COMMUNITY Eric Garcetti, Mayor Rushmore D. Cervantes, General Manager Investment Department Housing Development Bureau 1200 West 7th Street, 8th Floor, Los Angeles, CA tel I fax hcidla.lacity.org August 8, 2017 Council File No.: Council District: Contact Persons: ; SI; 10-i094-S2; and, Lasisi Azeez (213) Gloria Torres (213) Helmi A. Hisserich (213) The Honorable Eric Garcetti Mayor, City of Los Angeles Room 300, City Hall 200 N. Spring Street Los Angeles, CA90012 Attention: Mandy Morales, Legislative Coordinator COUNCIL TRANSMITTAL: LOS ANGELES HOUSING + COMMUNITY INVESTMENT DEPARTMENT REPORT BACK REGARDING COUNCIL FILE NO S2, FOR DEVELOPMENT OF AFFORDABLE SINGLE-FAMILY HOMES BY HABITAT FOR HUMANITY OF GREATER LOS ANGELES ON SURPLUS CITY PROPERTY LOCATED AT 600 EAST L STREET, WILMINGTON SUMMARY On May 8, 2013 pursuant to City Council File # S2 the City Council and Mayor directed the City of Los Angeles Department of General Services (GSD) to declare the City-owned property located at 600 East L Street, Wilmington (Property) a surplus property in accordance with the provisions of the City Administrative Code and City Charter. At the same time, the City Council authorized the Property to be sold to Habitat for Humanity of Greater Los Angeles (Habitat LA) at the fair market value, which was estimated to be approximately $560,000 for the development of homes for low income households earning at or below 80% of the Area Median Income (AMI). On July 14, 2017, GSD prepared a memo to the City Administrative Officer and Chair of the Municipal Facilities Committee stating that the surplus property process was completed, and the City could proceed v/ith the sale of the Property to Habitat LA at fair market value. The property was reappraised on March 29, 2017 and is currently valued at $1,064,000. Due to the substantial increase in the cost of land, Habitat LA has revised the income targeting of the project to include moderate income households at or below 120% of the AMI. This change in income targeting serves an unmet need in the City s Housing Element and is more in line with current market conditions. An Equal Opoortunity/ Affirmative Action Employer
3 L Street Development Page 2 Accordingly, the Los Angeles Housing + Community Investment Department (HCIDLA) proposes to convey the surplus Property to Habitat LA for the current market value, and to enter into a loan agreement on behalf of the City with Habitat LA, which sets forth a clear schedule of performance. Habitat LA will develop the Property into nine single family homes, affordable to first-time low- and moderate-income homebuyers, earning up to 120% of the AMI. Upon construction completion, and at the time of sale of each home, the Habitat LA loan will be divided amongst the eligible low- and moderate-income homebuyers and converted into soft second loans in substantial conformance with HOD LA s existing Low- and Moderate-Income Purchase Assistance Programs. At the conclusion of the sale of each home, and annually thereafter, HCIDLA will service the homebuyer loans and manage the loan repayment proceeds. Neither HCIDLA nor GSD will provide additional cash assistance to Habitat LA for the project. Attached to this transmittal is the Development Budget (Attachment A) and prill 1 nf"pprfnnntmpp ( A ff q r'l'i t"r\ f vixvuvfiv vi x VI XV/XXXXMX1VV v-1 V H UVillilVill L-T ) Recommendations: The General Manager of HCIDLA respectfully requests that: I. II. Your office schedule this transmittal for consideration at the next available meeting(s) of the appropriate City Council committee(s) and forward it to the City Council for review and approval immediately thereafter. The City Council, subject to the approval of the Mayor, take the following actions: A) Authorize HCIDLA to convey the Property at fair market value, which is estimated to be $1,064,000, to Habitat LA; B) Determine that the Property is best suited for the development of single-family homeownership units, affordable to both low- and moderate-income first-time homebuyers earning up to 120% of AMI; and C'\ Authorize the General Mt of HCIDLA, or designee, that upon completion of the development, to re-convey the City loan to Habitat LA by transferring the loan obligation to the nine first-time low- and moderate-income homebuyers earning up to 120 % of AMI, as soft second loans. Background: On March 3, 2011, the City Council approved the sale of the Property to the Community Redevelopment A.gency of Los Angeles (CRA/LA); however, due to the dissolution of CRA/LA. in 2012, the sale of the Property was not completed, and the Property remained in the City s portfolio of properties. On January 15, 2013, Councilmember Joe Buscaino introduced a Motion instructing HCIDLA to evaluate the feasibility of selling the Property to Habitat LA. Pursuant to adoption of the Motion, HCIDLA, GSD, the CAO, the Chief Legislative Analyst (CLA), and the City Attorney reviewed and ultimately approved a plan for sale of the Property to Habitat LA for the appraised amount of $560, (CF NO S2). On May 8, 2013, HCIDLA submitted a transmittal to City Council requesting authorization for GSD to begin the surplus land designation process, and requesting that HCIDLA begin the process for sale (CF
4 L Street Development Page 3 No S2). Furthermore, it was determined that GSD would need to declare the Property surplus before the process of sale could begin. Proposed Financial Structure of the Development/Sale of the Homes to Homebuyers. The Property will be sold to Habitat LA at the current appraised value of $1,064,000 for the construction of nine affordable single-family homes. Habitat LA will not provide cash payment for the Property; instead, HCIDLA will issue a Promissory Note to Habitat LA for the full fair market value of the Property. Upon construction completion and sale of the nine homes, Habitat LA s loan will be divided and assumed (as soft second loans) by the nine first-time low- and moderate-income homebuyers in an approximate amount of $118,000 pci home. The soft second loans will be due and repayable to the City by the homebuyers m at fk^ ^ Anri rvp f mv 1-i^ D yanf 1 nnn C«JL lv_7tiju pvnuu, Ui WllVll UHb/ property is sold or transfencd, whichever occurs first. Resale restrictions will not be imposed upon the homebuyers, in that the City will not require the homes to be sold to other low- or moderate-income homebuyers. However, each homebuyer will be required to pay to the City the principal amount of the loan and shared appreciation at the end of the 30-year loan period, or when the property is sold or transferred, whichever occurs first. Fiscal Impact There is no impact to the General Fund.
5 L Street Development Page 4 Prepared by: Reviewed by: 4^ LASISI AZEE Finance Development Officer I Reviewed By: GEORIA TORRE: Finance Development Officer II Reviewed By: HELMFHIS SERICH Director V ri ' JL-UL lwivt v i v. vj O Vj ATTD A V OTTCT TTIT AAO Executive Officer tr~l /^y\ Reviewed By: <7 1/ RUSHMORE D. CERVANTES General Manager Attachments: Attachment A - Development Budget Attachment B - Schedule of Performance
6 Attachment A CITY LOAN AGREEMENT HABITAT FOR- HUMANITY (564 East L Street, Los Angeles, CA 90744) BUDGET i. Land Assemblage Cost Land Closing Costs Total Land Assemblage $1,064,000 i6,00( $118,889 /Unit $1,070,000 II. Direct Costs Construction Management Construction Team Labor 9 units General Conditions Off-site Improvement On-site Improvements2 Landscaping Contingency Total Direct Costs 5% Costs 10,395 number 9 Unit 10% Costs $56,847 /Unit $86.0 /Sq ft $7,000 /Unit $30,000 /Unit $65,699 $511,627 $893,970 $63,000 $150,000 $270,000 $30,000 $195,430 $242,192 /Unit $2,179,725 III. Indirect Costs Fees and permits Tax and Legal, Accounting Insurance Architect (including structural) Engineering Other Consultants, Printing Contingency Total Indirect Costs 2% Direct Cost 4% Direct Cost 2% Direct Cost 4% Indirect+Fin $20,000 /Unit $180,000 $43,595 $5,000 /Unit $45,000 $87,189 $43,595 $40,000 $19,735 $51,013 /Unit $459,113 IV. Financing Costs Const Interest End Closing Costs/sales Total Financing Costs Dir,lnd,Dev Fee $6,000 /Unit $17,822 /Unit $106,398 5,000 $160,398 V. Developer s Fee Habitat LA 12% dir+indir $35,185 /Unit $316,661 VI. [Total Development Costs»Njj>:;+ /Unit $4,185, Includes sidewalk, curb and gutter, utilities, and landscaping 2 Includes earthwork, utilities, landscaping, driveways, foundations Habitat for Humanity of Greater Los Angeles L Street Wilmington 9 units 6/15/2017
7 Attachment B CITY LOAN AGREEMENT HABITAT FOR HUMANITY (564 East L Street, Los Angeles, CA 20744} SCHEDULE OF PERFORMANCE Pre-Development/Entitlement: On-going Concept/Constxuction August 2017 Loan/DDA Approval: Submit for Building Plan October 2017 Check: Permits Issued: April 2018 Construction begins: July 2018 Home Owner's Selection: September 2018 Construction Complete: March 2020
Eric Garcetti, Mayor Investment Department. May 21, 2018
i P moeo r Los Angeles HOUSING + COMMUNITY Eric Garcetti, Mayor Investment Department Rushmore D. Cervantes, General Manager Office of the General Manager 1200 West 7th Street, 9th Floor, Los Angeles,
More informationTRANSMITTAL THE COUNCIL THE MAYOR. To: Date: 10/24/2016. From: TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED.
TRANSMITTAL To: Date: 10/24/2016 THE COUNCIL From: THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. (Ana Guerrero) ERIC GARCETTI Mayor O: P I '^VOEil'iS r Los Angeles HOUSING + COMMUNITY
More informationOFFICE OF THE CITY ADMINISTRATIVE OFFICER
REPORT from OFFICE OF THE CITY ADMINISTRATIVE OFFICER Date: April 26, 2017 To: The Mayor The Council From: Richard H. Llewellyn, Jr., Interim City Administrative Officer- Subject: REQUEST AUTHORIZATION
More informationJune 8, The Honorable Eric Garcetti Mayor, City of Los Angeles Room 300, City Hall 200 North Spring Street Los Angeles, CA 90012
4s r Los Angeles HOUSING + COMMUNITY Investment Department Eric Garcetti, Mayor Rushmore D. Cervantes, Genera! Manager Housing Development Bureau 1200 West 7th Street, Los Angeles, CA 9001 7 tel 213.808.8638
More informationTRANSMITTAL THE COUNCIL THE MAYOR. To: Date: 11/22/2017. From: TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. ERIC GARCETTI Mayor
TRANSMITTAL To: Date: 11/22/2017 THE COUNCIL From: THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. (Ana Guerrero) for ERIC GARCETTI Mayor P * r Los Angeles HOUSING + COMMUNITY Investment
More informationCITY OF LOS ANGELES INTER-DEPARTMENTAL CORRESPONDENCE. WA# C.F Date:
FORM GEN. 160 CITY OF LOS ANGELES INTER-DEPARTMENTAL CORRESPONDENCE WA# 0220-01024-2773 C.F. 14-0425 Date: April 4, 2019 To: City Council From: Richard H. Llewellyn, Jr., City Administrative Offia Office
More informationTRANSMITTAL THE COUNCIL THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. ERIC GARCETTI Mayor. To: Date: 10/25/2016.
TRANSMITTAL To: Date: 10/25/2016 THE COUNCIL From: THE MAYOR TRANSMITTED FOR YOUR CONSIDERATION. PLEASE SEE ATTACHED. (Ana Guerrero) ERIC GARCETTI Mayor 4! ;: f I P r 'A n. \ IN Los Angeles HOUSING + COMMUNITY
More informationApril 30, Honorable Members of the City Council City of Los Angeles c/o City Clerk, City Hall 200 N. Spring Street Los Angeles, CA 90012
HOUSING+COMM UNITY investment Department Housing Development Bureau 1200 West 7th Street, Los Angeles, CA 90017 tel 213.808,8638 I fax 213.808.8610 hcidla.lacisy.org April 30, 2015 Council File: 14-0692-SI
More informationTRANSMITTAL TO DATE COUNCIL FILE NO. Council 7/5/18
CAO 649-d TRANSMITTAL TO DATE COUNCIL FILE NO. Council 7/5/18 FROM Municipal Facilities Committee COUNCIL DISTRICT 1 At its meeting held on June 28, 2018, the Municipal Facilities Committee (MFC) adopted
More informationOFFICE OF THE CITY ADMINISTRATIVE OFFICER
REPORT FROM OFFICE OF THE CITY ADMINISTRATIVE OFFICER Date: To: From: Reference: October 28, 2014 The Honorable Members of the City Council Miguel A. Santana, City Administrative Officer Chair Municipal
More informationTRANSMITTAL To: Council From: Municipal Facilities Committee
TRANSMITTAL To: date Council 11-07-16 From: Municipal Facilities Committee 0220-05247-0000 COUNCIL FILE NO. 14-0425 COUNCIL DISTRICT 15 At its meeting of October 27, 2016 the Municipal Facilities Committee
More informationCRA/LA Building communities
CRA/LA Building communities Community Redevelopment Agency oftbe CITY OF LOS ANGELES DATE I DEC 1 8 2008 FILE CODE I 354 South Spring Street I Suite BOO T 213 977 1600 IF 213 977 1665 Los Angeles 1 California
More informationCOUNCIL TRANSMITTAL: REQUEST FOR AUTHORITY TO EXECUTE A FOURTH AMENDMENT WITH CORELOGIC INFORMATION SOLUTIONS, LLC (C ), TO INCREASE FUNDING BY
a I p r I os Angeles HOUSING + COMMUNITY investment Dopar-mert Administration Bureau 1200 West 7th Street. 9lh Floor. Los Angeles, CA 90017 lei 213.928.907 i fax 213.808.3999 hdete faclty.org Oi Attachment
More informationTRANSMITTAL DATE RHL:JMS/EHD: Council. Municipal Facilities Committee 3
TO Council TRANSMITTAL DATE 01-05-18 COUNCIL FILE NO. FROM COUNCIL DISTRICT Municipal Facilities Committee 3 At its Special meeting held on December 21, 2017, the Municipal Facilities Committee adopted
More informationHOMELESSNESS AND POVERTY COMMITTEE. Wednesday, January 25, 2017
HOMELESSNESS AND POVERTY COMMITTEE, January 25, 2017 ROOM 1010, CITY HALL - 3:00 PM 200 NORTH SPRING STREET, LOS ANGELES, CA 90012 MEMBERS: COUNCILMEMBER MARQUEECE HARRIS-DAWSON, CHAIR COUNCILMEMBER JOSE
More informationTRANSMITTAL TO DATE COUNCIL FILE NO. Council
TRANSMITTAL TO DATE COUNCIL FILE NO. Council 08-14-2017 FROM COUNCIL DISTRICT Municipal Facilities Committee 5 At its meeting of, the Municipal Facilities Committee (MFC) adopted the recommendations of
More informationMICHAEL N. FEUER CITYATIORNEY REPORT RE:
MICHAEL N. FEUER CITYATIORNEY REPORT RE: R14-0291 REPORT NO. ------.JUN 2 J) 2014 DRAFT ORDINANCE AUTHORIZING SALE OF 2535 SOUTH SYCAMORE AVENUE, LOS ANGELES, CALIFORNIA AND 2520 ALSACE AVENUE, LOS ANGELES,
More informationCity of Los Angeles CALIFORNIA
JAN PERRY GENERAL MANAGER City of Los Angeles CALIFORNIA ECONOMIC AND WORKFORCE DEVELOPMENT DEPARTMENT 1200 W. 7th Street Los Angeles, CA 90017 ERIC GARCETTI MAYOR June 1,2016 Council File: 15-0565 Council
More informationCity of Merced Page 1
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-17 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE CITY OF MERCED
More informationTRANSMITTAL To: Council From: Municipal Facilities Committee 3
TRANSMITTAL 0220-05247-0000 To: DATE 10-07-16 Council From: Municipal Facilities Committee 3 COUNCIL FILE NO. 14-0425 COUNCIL DISTRICT At its meeting of September 29, 2016, the Municipal Facilities Committee
More informationTHE LONG BEACH COMMUNITY INVESTMENT COMPANY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW- AND MODERATE- INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2013-14 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE LONG BEACH COMMUNITY
More informationCITY OF IRVINE HOUSING SUCCESSOR ANNUAL REPORT FOR LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR
CITY OF IRVINE HOUSING SUCCESSOR ANNUAL REPORT FOR LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-2017 The City of Irvine Housing Successor Annual Report (Report) for the Low and Moderate
More informationHonorable Mayor and Members of the City Council. Jim DellaLonga, Director of Economic Development
14-O TO: ATTENTION: FROM: SUBJECT: Honorable Mayor and Members of the City Council Jeffrey L. Stewart, City Manager Jim DellaLonga, Director of Economic Development Consideration and possible action to
More informationCity of Merced Page 1
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2013-14 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE CITY OF MERCED
More informationTRANS MITTAL DATE. To: Council From: hair, Municipal Facilities Committee
To: Council From: Municipal Facilities Committee TRANS MITTAL DATE 10-30-17 COUNCIL FILE NO. 13-1090 COUNCIL DISTRICT All At its meeting of October 26, 2017, the Municipal Facilities Committee approved
More informationOFFICE OF THE CITY ADMINISTRATIVE OFFICER
REPORT from OFFICE OF THE CITY ADMINISTRATIVE OFFICER Date: August 19, 201 5 CAO File No. Council File No. Council District: Citywide To: The Mayor The Council From: Miguel A. Santana, City Administrative
More informationTRANSMITTAL COUNCIL FILE NO.
TO Council TRANSMITTAL DATE 01-05-18 COUNCIL FILE NO. FROM COUNCIL DISTRICT Municipal Facilities Committee 7 At its Special meeting held on December 21, 2017, the Municipal Facilities Committee adopted
More informationSa J. Huber TRANSMITTAL TO Council FROM Municipal Facilities Committee 14
TRANSMITTAL 0150-10800-0000 TO Council DATE 01-27-17 FROM Municipal Facilities Committee 14 COUNCIL FILE NO. COUNCIL DISTRICT At its meeting of January 26, 2017, the Municipal Facilities Committee noted
More informationTHE CITY OF ALHAMBRA HOUSING SUCCESSOR AGENCY
Distribution Date: December 28, 2017 HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-2017 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION
More informationTHE FOUNTAIN VALLEY HOUSING AUTHORITY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-17 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE FOUNTAIN VALLEY
More informationSection IV: HOME Narratives
Section IV: HOME Narratives IV. HOME NARRATIVES (AP-90) A. INTRODUCTION Los Angeles County is an Urban County-participating jurisdiction for HUD s HOME Investment Partnerships (HOME) Program. It receives
More informationTRANSMITTAL COUNCIL FILE NO.
TO Council TRANSMITTAL DATE 01-05-18 COUNCIL FILE NO. FROM Municipal Facilities Committee COUNCIL DISTRICT 14 At its Special meeting held on December 21, 2017, the Municipal Facilities Committee adopted
More information1/30/2014 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
Los Angeles HOUSING+COMMUNITY investment Department Eric Garcettl, Mayor Rushmore D. Cervantes, Interim General Manager 1/30/2014 Honorable Members of City Council City of Los Angeles Room 395, City Hall
More informationFebruary 26, Honorable Eric Garcetti Mayor, City of Los Angeles 200 North Spring Street, Room 303 Los Angeles, California 90012
February 26, 2015 Honorable Eric Garcetti Mayor, City of Los Angeles 200 North Spring Street, Room 303 Los Angeles, California 90012 CF No.: New Council District: Citywide Contact Persons: Marcella DeShurley
More informationCITY OF LOS ANGELES INTER-DEPARTMENTAL CORRESPONDENCE
FORM GEN. 160 CITY OF LOS ANGELES INTER-DEPARTMENTAL CORRESPONDENCE Date: June To: Honorable Members of the City Council From: Miguel A. Santana, City Administrative Officer Chair, Municipal Facilities
More informationContents Introductory Section... 3 Financial Section... 6 Required Information... 9
1 Contents Introductory Section... 3 Housing Successor - Mayor s Office of Housing and Community Development... 3 Housing Assets Transferred... 4 Financial Section... 6 Housing Asset Fund Balance Sheet...
More informationTHE CITY OF BELLFLOWER SUCCESSOR HOUSING AGENCY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2017-2018 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE CITY OF BELLFLOWER
More information1/6/2014 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
Los Angeles HOUSING+COI\l1I\11 UNITY Investment Department Mercedes Eric Garcetti, Mayor Iv!. Marquez, General Manager 1/6/2014 Honorable Members of City Council City of Los Angeles Room 395, City Hall
More informationTHE FOUNTAIN VALLEY HOUSING AUTHORITY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2014-15 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE FOUNTAIN VALLEY
More informationThe amount the city, county, or city and county received pursuant to subparagraph (A) of paragraph (3) of subdivision (b) of Section
SB 341 Annual Report Housing Successor Agency of the Community Development Commission of the City of Escondido Fiscal Year End June 30, 2017 The dissolution of the California redevelopment agencies in
More informationTHE CITY OF ALHAMBRA HOUSING SUCCESSOR AGENCY
Distribution Date: 12/22/2015 HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2014-2015 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f)
More informationAB 346 (DALY) REDEVELOPMENT: HOUSING SUCCESSOR: LOW AND MODERATE INCOME HOUSING ASSET FUND JOINT AUTHOR ASSEMBLYMEMBER BROUGH
AB 346 (DALY) REDEVELOPMENT: HOUSING SUCCESSOR: LOW AND MODERATE INCOME HOUSING ASSET FUND JOINT AUTHOR ASSEMBLYMEMBER BROUGH IN BRIEF Assembly Bill 346 would authorize a housing successor to use funds
More informationCouncil File:ll-2123 Council District: CD 9 Contact Person: Domingo Sauceda (213)
LA DEPARTMENT OF BUILDING AND SAFET\' May 18,2012 Council File:ll-2123 Council District: CD 9 Contact Person: Domingo Sauceda (213) 808-8502 Honorable Tony Cardenas, Chair Housing, Community & Economic
More informationPART 1 - Rules and Regulations Governing the Building Homes Rhode Island Program
860-RICR-00-00-1 TITLE 860 Housing Resources Commission CHAPTER 00 N/A SUBCHAPTER 00 N/A PART 1 - Rules and Regulations Governing the Building Homes Rhode Island Program 1.1 Purpose A. The purpose of these
More informationLow and Moderate Income Housing Asset Fund Housing Successor Report Year ended June 30, 2014
Mayor s Office of Housing and Community Development City and County of San Francisco Low and Moderate Income Housing Asset Fund Housing Successor Report Year ended June 30, 2014 1 Contents Introductory
More informationTHE HOUSING AUTHORITY OF THE CITY OF SANTA ANA
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2015-2016 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE HOUSING AUTHORITY
More informationTHE THE CITY OF CYPRESS
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2015/2016 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE THE CITY OF CYPRESS
More informationOFFICE OF THE CITY ADMINISTRATIVE OFFICER
REPORT FROM OFFICE OF THE CITY ADMINISTRATIVE OFFICER Date: May 19, 2010 0220-00013-2305 Council File No. 08-3458 Council District: 13 To: The Council From: Miguel A. Santana, City Administrative Office~(
More informationINFORMATION ITEM. Annual Report to the City Council Concerning the City=s Affordable Housing Production Program (Ordinance #1918)
RMD:HOUSING:JK:F:\HOUSING\SHARE\WPFILES\STAFFRPT\INFOITEM\Prop R 99-00.wpd January 2, 2001 Santa Monica, California INFORMATION ITEM TO: FROM: SUBJECT: Mayor and City Council City Staff Annual Report to
More informationCITY OF LOS ANGELES CALIFORNIA
HOLLY L. WOLCOTT CITY CLERK SHANNON HOPPES EXECUTIVE OFFICER When making inquiries relative to this matter, please refer to the Council file No. 17-0409 CITY OF LOS ANGELES CALIFORNIA 3 SVOEDjJ ERIC GARCETTI
More information<!auitdatm 11Beeb. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
RECORDING REQUESTED BY: City of Los Angeles WHEN RECORDED MAIL TO AND MAIL TAX STATEMENTS TO: CRA/LA, a Designated Local Authority 448 S. Hill Street, 12 1 h Floor Los Angeles CA 90013 Attn: Chief Executive
More informationCALIFORNIA VINCENT P. BERTONI, AICP DAVID H. J. AMBROZ DIRECTOR PRESIDENT (213) RENEE DAKE WILSON. i, 4 if.-*" V. j H* .AV ERIC GARCETTI MAYOR
DEPARTMENT OF CITY PLANNING City of Los Angeles CITY PLANNING COMMISSION CALIFORNIA EXECUTIVE OFFICES 200 N. Spring Street, Room 525 Los Angeles, CA 90012-4801 VINCENT P. BERTONI, AICP DAVID H. J. AMBROZ
More informationDowntown Mortgage Assistance and Mortgage Assistance
Downtown Mortgage Assistance and Mortgage Assistance A Briefing to the Housing Committee Housing Department May 19, 2008 Purpose KEY FOCUS AREA: ECONOMIC VIBRANCY To provide an update on the Downtown Mortgage
More informationI. Amount Received Pursuant to Section : This section provides a total amount of funds received pursuant to Section (b)(3)(A).
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2016-2017 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE TUSTIN HOUSING
More informationARLINGTON COUNTY, VIRGINIA
ARLINGTON COUNTY, VIRGINIA County Board Agenda Item Meeting of January 21, 2006 DATE: December 19, 2005 SUBJECTS: A. Allocation of Fiscal Year (FY) 2006 Affordable Housing Investment Fund (AHIF)/HOME Investment
More informationORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DALY CITY REPEALING AND REPLACING CHAPTER RE: INCLUSIONARY HOUSING
ORDINANCE NO. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF DALY CITY REPEALING AND REPLACING CHAPTER 17.47 RE: INCLUSIONARY HOUSING The City Council of the City of Daly City, DOES ORDAIN as follows:
More informationSubject: Authorizes Los Angeles Department of Water and Power File P Grant of a No-Build Easement to Studio Lending Group, LLC
,. Los Angeles rc~~ Department of Water & Power ERC GARCET Mayor Commission MEL LEVNE, President WLLAM W. FUNDERBURK JR., Vice President JLL BANKS BARAD MCHAEL F. FLEMNG CHRSTNA E. NOONAN BARBARA E. MOSCHOS,
More informationTHE FOUNTAIN VALLEY HOUSING AUTHORITY
HOUSING SUCCESSOR ANNUAL REPORT REGARDING THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2013-14 PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1(f) FOR THE FOUNTAIN VALLEY
More informationSUPPLEMENTAL MEMORANDUM AMENDMENTS TO SECTION 415 INCLUSIONARY AFFORDABLE HOUSING PROGRAM
SUPPLEMENTAL MEMORANDUM AMENDMENTS TO SECTION INCLUSIONARY AFFORDABLE HOUSING PROGRAM ADOPTION HEARING DATE: APRIL, 0 Project Name: Inclusionary Affordable Housing Program (Sec ) Case Number: 0-000PCA
More information6/10/2014 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
Los Angeles HOUSING+COMMUNITY Investment Department Eric Garcetti, Mayor Rushmore D. Cervantes, Interim General Manager 6/10/2014 Honorable Members of City Council City of Los Angeles Room 395, City Hall
More information10/30/2013 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
Los Angeles HOU SI NG+C OMM UNITY Investment Department Eric Garcetti, Mayor Mercedes M. Marquez, General Manager 10/30/2013 Honorable Members of City Council City of Los Angeles Room 395, City Hall Attention:
More informationINDEPENDENT FINANCIAL AUDIT REPORT OF THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR PURSUANT TO SECTION 34176
INDEPENDENT FINANCIAL AUDIT REPORT OF THE LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2014-2015 PURSUANT TO SECTION 34176.1(F) OF THE CALIFORNIA HEALTH AND SAFETY CODE FOR THE CITY OF CLAREMONT
More informationCITY OF LOS ANGELES CALIFORNIA
JAN PERRY GENERAL MANAGER CITY OF LOS ANGELES CALIFORNIA ECONOMIC AND WORKFORCE DEVELOPMENT DEPARTMENT 1200 W. 7TH STREET LOS ANGELES, CA 9001 7 ERIC GARCETTI MAYOR May 19,2015 Council File No.: 1 1-0054-S2
More informationCity Council Agenda Report Meeting Date: February 3, 2015
- CITYotCHICO ~ I...C\811 TO: FROM: RE: City Council Agenda Report Meeting Date: February 3, 2015 City Council Marie Demers, Housing Manager-879-303 Authorization of a City HOME Loan, CDBG Grant and Conveyance
More informationJuly Relocation Assistance Amounts - July 1, 2017 through June 30, 2018
Rent Stabilization Update July 2017 ANNUAL ALLOWABLE RENT ADJUSTMENT The annual allowable rent increase for rental units subject to the Rent Stabilization Ordinance (RSO) for the fiscal year from July
More informationApril 1, 2010 thru June 30, 2010 Performance Report
Grantee: Long Beach, CA Grant: B-09-CN-CA-0045 April 1, 2010 thru June 30, 2010 Performance Report Grant Number: B-09-CN-CA-0045 Grantee Name: Long Beach, CA Grant Amount: $22,249,980.00 Grant Status:
More informationGUIDELINES FOR COMPLYING WITH THE CITY OF SAN JOSE INCLUSIONARY HOUSING POLICY IN REDEVELOPMENT PROJECT AREAS. July 1, 2007
GUIDELINES FOR COMPLYING WITH THE CITY OF SAN JOSE INCLUSIONARY HOUSING POLICY IN REDEVELOPMENT PROJECT AREAS July 1, 2007 Index I. Introduction II. Inclusionary Housing Compliance Plan III. Income Limits
More informationCITY OF IRVINE HOUSING SUCCESSOR ANNUAL REPORT FOR LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR
CITY OF IRVINE HOUSING SUCCESSOR ANNUAL REPORT FOR LOW AND MODERATE INCOME HOUSING ASSET FUND FOR FISCAL YEAR 2013-2014 The City of Irvine Housing Successor Annual Report (Report) for the Low and Moderate
More informationMet r 0 Motropol;u, r...,
Lo.,,.. Co"'' Met r Motropol;u, r..., One Gateway Plaza Los Angeles, CA 912-2952 213.922.2 Tel metro. net 11 PLANNING AND PROGRAMMING COMMITTEE MARCH 18, 215 SUBJECT: ACTION: TAYLOR YARD- JOINT DEVELOPMENT
More informationRecommendations for Council action, SUBJECT TO THE APPROVAL OF THE MAYOR:
File No. 15-0600-S34 COMMUNICATION FROM VICE-CHAIR AND MEMBER, HOUSING COMMITTEE relative to the feasibility of implementing a Tenant Buyout Notification Agreement Program for Rent Stabilization Ordinance
More informationSAN JOSE CAPITAL OF SILICON VALLEY
COUNCIL AGENDA: 9/22/15 ITEM: q (J CITY OF SAN JOSE CAPITAL OF SILICON VALLEY Memorandum TO: HONORABLE MAYOR, CITY COUNCIL AND SUCCESSOR AGENCY BOARD FROM: Jacky Morales-Ferrand Jennifer A. Maguire SUBJECT:
More informationHonorable Mayor and Members of the City Council. Submitted by: Jane Micallef, Director, Department of Health, Housing & Community Services
Office of the City Manager ACTION CALENDAR October 16, 2012 To: From: Honorable Mayor and Members of the City Council Christine Daniel, City Manager Submitted by: Jane Micallef, Director, Department of
More informationB-08-MN October 1, 2015 thru December 31, 2015 Performance. Community Development Systems Disaster Recovery Grant Reporting System (DRGR)
Grantee: Grant: Pomona, CA B-08-MN-06-0516 October 1, 2015 thru December 31, 2015 Performance 1 Grant Number: B-08-MN-06-0516 Grantee Name: Pomona, CA Grant Award Amount: $3,530,825.00 LOCCS Authorized
More informationReport to the BOARD Al 0 T COMMISSIONERS
OF-...0 Los Angeles W orld Airports Report to the BOARD Al 0 T COMMISSIONERS Meetinci Date: IHrn i 1111).i.-, Approved by Reviewed by: Debbi 'rector ttorney : J eu. 444- April 7, 2014 CAO Review: D I Pending
More informationCRA/lA BUILDING COMMUNITIES
CRA/lA BUILDING COMMUNITIES Community Redevelopment Agency qjthe CITY OF LOS ANGELES DATE I MAR 1 7 2011 FILE CODE I 1200 West 7th Street I Suite 500 Los Angeles I California 90017-2381 T 213 977 1600
More informationCHAPTER 23A: SURPLUS CITY PROPERTY ORDINANCE
CHAPTER 23A: SURPLUS CITY PROPERTY ORDINANCE Sec. 23A.1. Sec. 23A.2. Sec. 23A.3. Sec. 23A.4. Sec. 23A.5. Sec. 23A.6. Sec. 23A.7. Sec. 23A.8. Sec. 23A.9. Sec. 23A.10. Sec. 23A.11. Sec. 23A.13. Sec. 23A.14.
More informationCITY OF LOS ANGELES HOUSING + COMMUNITY INVESTMENT DEPARTMENT RENT STABILIZATION DIVISION RENT ADJUSTMENT COMMISSION (RAC) AGENDA
CITY OF LOS ANGELES HOUSING + COMMUNITY INVESTMENT DEPARTMENT RENT STABILIZATION DIVISION RENT ADJUSTMENT COMMISSION (RAC) AGENDA Thursday, November 3, 2016 12:00 P.M. Garland Office Hearing Room 1200
More informationDECLARATION OF INTENT TO EVICT FOR LANDLORD OCCUPANCY
NOT VALID WITHOUT HCIDLA RECEIPT STAMP Eric Garcetti, Mayor Rushmore D. Cervantes, General Manager Landlord Declarations Section 1200 W 7 th Street, 1st Floor, Los Angeles, CA 90017 rent hotline 866.557.7368
More informationTRANSMITTAL FROM The Mayor
TRANSMITTAL TO D/VT1E The Council 2/27/18 FROM The Mayor CUUIVCIL FILE NO. OOUNOLUlSTRlCT 11 Lease between the Los Angeles World Airports and the Bureau of Sanitation for the development of the Argo Drain
More informationCedar Hammock Fire Control District
Cedar Hammock Fire Control District FY 2015 Fire/Rescue Impact Fee Study February 24, 2016 Prepared by: February 24, 2016 Mr. Jeff Hoyle Fire Chief 5200 26 th St W Bradenton, FL 34207 Re: FY 2015 Impact
More informationTHE NSP SUBSTANTIAL AMENDMENT
THE NSP SUBSTANTIAL AMENDMENT AMENDED DRAFT AUGUST 29, 2009 Jurisdiction(s): Town of Babylon (located in Suffolk County New York) Jurisdiction Web Address: www.townofbabylon.com NSP Contact Person: Theresa
More informationCITY'S BONDS TO FINANCE HOUSING PROGRAMS ARE NOT PRIVATE ACTIVITY BONDS.
Private Letter Ruling 9203021, IRC Section 141 CITY'S BONDS TO FINANCE HOUSING PROGRAMS ARE NOT PRIVATE ACTIVITY BONDS. Date: October 21, 1991 Dear ***: This letter is our reply to your request for rulings
More informationCalifornia (213) DAVID H. J. AMBROZ PRESIDENT. eric garcetti ROCKY WILES
DEPARTMENT OF CITY PLANNING City of Los Angeles CITY PLANNING COMMISSION California EXECUTIVE OFFICES VINCENT P. BERTONI, AICP DIRECTOR (213) 978-1271 DAVID H. J. AMBROZ PRESIDENT RENEE DAKE WILSON c vos
More informationRESOLUTION NO. A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE APPROVING A NEW COUNCIL POLICY No ENTITLED SURPLUS SALES
RD:PAD:LCP 1/20/2016 RESOLUTION NO. A RESOLUTION OF THE COUNCIL OF THE CITY OF SAN JOSE APPROVING A NEW COUNCIL POLICY No. 7-13 ENTITLED SURPLUS SALES WHEREAS, the City of San José ( City ) has an interest
More informationUsing NSP to Preserve Affordability. March 22, 2011
Using NSP to Preserve Affordability March 22, 2011 1 Using NSP to Preserve Affordability March 22, 2011 10 a.m. Pacific/ 1 p.m. Eastern Presenters Ron Whitman, Pima County Community Land Trust Staci Horwitz,
More informationPreliminary Analysis
City of Manhattan Beach May 21, 2014 Rate Analysis Feasibility Report APPENDIX A DRAFT Preliminary Analysis for the For the City of Manhattan Beach June 18, 2014 Preliminary Analysis Introduction The City
More informationRECOMMENDED METHODOLOGY FOR SUPPLY & DEMAND ANALYSIS FOR BROWARD COUNTY S AFFORDABLE HOUSING MARKET
RECOMMENDED METHODOLOGY FOR SUPPLY & DEMAND ANALYSIS FOR BROWARD COUNTY S AFFORDABLE HOUSING MARKET PREPARED FOR BROWARD COUNTY 110 NE 3 RD STREET FT. LAUDERDALE, FLORIDA 33301 ATTN: MR. RALPH STONE, EXECUTIVE
More informationREQUEST FOR COUNCIL ACTION
COUNCIL AGENDA ITEM L-7 COUNCIL MEETING OF 11/19/13 REQUEST FOR COUNCIL ACTION SUBJECT: Resolution No. 7347 determining that pursuant to Section 15162 of the State s Guidelines implementing the California
More informationPublic Portion: Mr. Bianchini opened the public portion. There being no comment, the public portion was closed. Resolutions:
GLOUCESTER TOWNSHIP SPECIAL COUNCIL MEETING DECEMBER 1, 2008 MUNICIPAL BUILDING, CHEWS LANDING NEW JERSEY Pledge Allegiance to the Flag Statement: Mr. Bianchini read a statement setting forth the time,
More informationTable of Contents. 1. Introduction. 2. Scope of Work. 3. Schedule. 4. Proposal Requirements. 5. Evaluation/Selection
R E Q U E S T F O R P R O P O S A L S H O M E O W N E R S H I P W O R K F O R C E H O U S I N G S C A T T E R E D S I T E S, W E S T P O P L A R M A R C H 2 0 1 7 Table of Contents 1. Introduction 2. Scope
More informationCRA/LA 8w1ding communities
CRA/LA 8w1ding communities Community Redevelopment Agency of the CITY OF LOS ANGELES 354 South Sprmg Street I Sufte 800 Los Angeles I California 90013-1258 DATE I FILE CODE I AUG 1 9 20W T 213 977 1600
More informationCOUNTY OF EL DORADO, CALIFORNIA BOARD OF SUPERVISORS POLICY. Policy Number B-14 Date Adopted: 12/11/2007
BACKGROUND: 12/11/2007 Page 1 of 6 12/17/2013 A goal of the El Dorado County General Plan is to provide housing incentives through programs which assist developers in providing affordable housing opportunities
More informationStaff Report. Victoria Walker, Director of Community and Economic Development
7.a Staff Report Date: July 11, 2017 To: From: Reviewed by: Prepared by: Subject: City Council Valerie J. Barone, City Manager Victoria Walker, Director of Community and Economic Development John Montagh,
More informationGuidance for Habitat for Humanity Affiliates January 12, 2011
January 12, 2011 Community Planning and Development NSP Policy Alert! Guidance for Habitat for Humanity Affiliates January 12, 2011 Overview Habitat for Humanity utilizes a unique development model to
More informationTHE NSP SUBSTANTIAL AMENDMENT
THE NSP SUBSTANTIAL AMENDMENT Jurisdiction(s): Town of Babylon (located in Suffolk County New York) Jurisdiction Web Address: www.townofbabylon.com NSP Contact Person: Theresa Sabatino, Director Town of
More information3/25/2015 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
3/25/2015 Honorable Members of City Council City of Los Angeles Room 395, City Hall Attention: City Clerk REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP) The Los Angeles Housing and Community
More informationTRANSMITTAL. COUNCIL DISTRICT The Mayor 15
TO Eugene D. Seroka, Executive Director Harbor Department TRANSMITTAL 0150-06993-0002 DATE COUNCIL FILE NO. MAY 1 2 2016 FROM COUNCIL DISTRICT The Mayor 15 PROPOSED PERMIT AMENDMENTS TO ESTABLISH AN IMPROVEMENT
More information3. Description of Expenditures from LMIHAF: The following is a description of expenditures from the LMIHAF by category:
Housing Successor Annual Report Low and Moderate Income Housing Asset Fund For Fiscal Year 2013-2014 Pursuant To California Health and Safety Code Section 34176 For the City of Petaluma Senate Bill 341
More informationRECOMMENDATION That City Council approves recommendations on the attached Board Memorandum.
CRAtLA BUILDING COMMUNITIES 1200 West 7th Street I Suite 500 Los Angeles I Cali fornia 90017-2381 _j ' >J nt Agency nf the CITY OF LOS ANGE LES DATE I DEe t" 6 2010 I.: "" ul I 1 l 1 0 l I F 213 977 1665
More information7/23/2013 REMOVAL OF PROPERTIES FROM THE RENT ESCROW ACCOUNT PROGRAM (REAP)
Los Angeles HOUSING+COMMUNITY Investment Department Eric Garcetti, Mayor Mercedes M. Marquez, General Manager 7/23/2013 Honorable Members of City Council City of Los Angeles Room 395, City Hall Attention:
More information