Loading...
HomeMy WebLinkAbout2016-03-08 AHTF_Agenda Packet CITY OF NEWPORT BEACH } AFFORDABLE HOUSING TASK FORCE AGENDA cq<,FOR�`P 100 Civic Center Drive, Crystal Cove Conference Room (Bay D-2nd Floor) Tuesday, March 8, 2016 - 3:00 PM Affordable Housing Task Force Members: Edward Selich, Council Member(Chair) Kevin Muldoon, Mayor Pro Tem Scott Peotter, Council Member Staff Members: Kimberly Brandt, Community Development Director Brenda Wisneski, Deputy Community Development Director James Campbell, Principal Planner Jaime Murillo, Senior Planner Melinda Whelan, Assistant Planner The Affordable Housing Task Force meeting is subject to the Ralph M. Brown Act. Among other things, the Brown Act requires that the Affordable Housing Task Force agenda be posted at least seventy-two (72) hours in advance of each regular meeting and that the public be allowed to comment on agenda items before the Task Force and items not on the agenda but are within the subject matter jurisdiction of the Affordable Housing Task Force. The Chair may limit public comments to a reasonable amount of time,generally three(3)minutes per person. The City of Newport Beach's goal is to comply with the Americans with Disabilities Act (ADA) in all respects. If, as an attendee or a participant at this meeting, you will need special assistance beyond what is normally provided, we will attempt to accommodate you in every reasonable manner. Please contact Melinda Whelan, Assistant Planner, at least forty-eight (48) hours prior to the meeting to inform us of your particular needs and to determine if accommodation is feasible at (949) 644-3221 or mwhelan@newportbeachca.gov. NOTICE REGARDING PRESENTATIONS REQUIRING USE OF CITY EQUIPMENT Any presentation requiring the use of the City of Newport Beach's equipment must be submitted to the Community Development Department 24 hours prior to the scheduled meeting. I. CALL MEETING TO ORDER II. ROLL CALL III. PUBLIC COMMENTS ON NON-AGENDA ITEMS Speakers must limit comments to three (3) minutes. IV. APPROVAL OF MINUTES 1. Minutes from November 4, 2015 Meeting Draft Minutes of 11-04-2015 V. CURRENT BUSINESS 1. Negotiation of Agreement Terms for Seaview Lutheran Plaza Funding Site Location: 2800 Pacific View Drive Negotiation of Agreement Terms Memorandum.pdf VI. PUBLIC COMMENTS Public comments are invited on Current Business items. VII. ADJOURNMENT City of Newport Beach Affordable Housing Task Force Minutes Date: November 4, 2015 Location: Newport Beach Civic Center— 100 Civic Center Drive Crystal Cove Meeting Room (Bay D-2nd Floor) Members Council Member Edward Selich (Chair), Council Member Scott Peotter Present: Members Absent: Council Member Kevin Muldoon Staff: Kimberly Brandt, Community Development Director; Brenda Wisneski, Deputy Community Development Director; David Kiff, City Manager,; Jaime Murillo, Senior Planner; and Melinda Whelan, Assistant Planner I. CALL MEETING TO ORDER The meeting was called to order at 2:30 p.m. II. ROLL CALL III. PUBLIC COMMENT ON NON-AGENDIZED ITEMS None IV. DRAFT MINUTES OF AUGUST 11, 2015 Mr. Jaime Murillo, Senior Planner, explained that a member of the public, Mr. Jim Mosher, provided corrections to typographical errors and the errors have been addressed. The minutes of the August 4, 2015 meeting were approved as amended. V. CURRENT BUSINESS a. Affordable Housing Fund RFP — Discussion and Recommendation Mr. Murillo explained that the intent of the meeting is to review the proposal submitted on behalf of Seaview Lutheran Plaza (SVLP) in response to the Affordable Housing Fund RFP. The proposal was submitted on time and staff apologized for a glitch in the system and the application was found in an electronic archived folder. Mr. Murillo provided a brief background stating that SVLP is an existing 100-unit apartment complex serving low and very low income seniors. They operate under an existing covenant with the City that expires in 2039. They are requesting 2.8 million to provide accessibility upgrades to all of the units' bathrooms as well as kitchen upgrades. Staff found the proposal has merit and a full evaluation has been conducted consistent with the RFP process including a site visit and a review by the evaluation panel. Staff recommends prioritizing the Affordable Housing Funds (Fund) for new units including the conversion of the 12-unit apartment complex in Newport Shores and the Oasis/Habitat for Humanity senior home repair program since these projects would provide new units and a new program which is needed in the City. SVLP has already received assistance from the City 2 Affordable Housing Task Force November 04, 2015, Minutes Page 2 and already provides the affordable units to seniors with an agreement until 2039 in addition to assistance from the Department of Housing and Urban Development (HUD). However, staff recommends that SVLP receive the balance in Funds with priority on the bathrooms and accessible upgrades to the existing units. Kimberly Brandt, Community Development Director, explained that there is only one outstanding payment into the Fund of approximately $25,000 and therefore, the Fund is a finite amount. Richard Sontag introduced himself as a Seaview Lutheran Board Member and represented SVLP. Mr. Sontage provided a history of the development as a 100-unit complex located near Gelsons grocery store that is a 501, C3 entity built in the early 1980s with a mortgage from HUD. He further noted there is a 2 to 3 year resident waiting list. He explained that Seaview is managed by Caring Ministries which are unpaid volunteers. SVLP is strictly overseen by HUD with regular inspections. He reminded the committee members and staff that SVLP recently worked with the City to fix plumbing issues which included receiving Affordable Housing Funds in exchange for extending their existing affordable housing covenant until 2039. The Board intends to maintain senior affordable units indefinitely as it is a mission of the Board and the Lutheran Church. SVLP recently used its own money to upgrade the common areas however, the individual units are 30-years old and are in need of upgrades. They have a list of priorities with the highest priority being the accessibility upgrades to the bathrooms and shower stalls and any leftover funds would be used to upgrade the kitchen areas. Mr. Sontag added that SVLP always scores high on HUD inspections and they are grateful for the consideration of receiving the Fund. Chairman Selich inquired if the HUD loan was still outstanding to which Mr. Pete Gross, Seaview Lutheran Board Member, confirmed the loan is still outstanding with two years remaining on the 5-year contract. Mr. Murillo further explained that the HUD loan will be paid off in 2021. In response to questions, Mr. Gross explained that they are required by HUD to maintain $100,000 in reserves; that the resident never experiences an increase in rent unless their income increases; that HUD covers the gap if there is a rent increase; and that once a senior becomes a resident, they can reside at SVLP indefinitely. . David Kiff, City Manager, questioned why improvements are not funded with the general operating fund if the operation is receiving some residual receipts. Mr. Sontag explained that SVLP does not have enough funds to complete the necessary upgrades to all of the units within a reasonable amount of time. In response to Chairman Selich's inquiry, Mr. Sontag explained that they would still work with HUD for the Section 8 program.. Mr. Murillo added that the operating expenses were reviewed by the City's Housing Consultant, Clint Whited, who was also an evaluation panel member.Mr. Whited determined that there would be funds available from residual recepits after the HUD loan is paid off in 2021 to use for SVLP or to payoff another loan. Chairman Selich suggested structuring the grant as a loan so that when SVLP has available funds after their HUD loan is paid in full, they can pay back the City Fund which could be used by other projects in the future. Mr. Kiff added that this would help the City reach its goal in obtaining more units elsewhere in City. Council Member Peotter inquired if SVLP accumulates more than $100,000 in their reserve every year. Mr. Gross responded that HUD uses $1,200 per month and Mr. Sontag added that there is currently almost $300,000 in their reserve as a "rainy day" fund but they try to 3 Affordable Housing Task Force November 04, 2015, Minutes Page 3 use the funds every year otherwise it is reclaimed by HUD. Mr. Gross added they utilize their reserves for replacement carpeting or laminate where there are damages or it is worn beyond use once someone moves out. Council Member Peotter questioned if the Board Members would be interested in a loan and still consider extending the covenant if it were a loan and not a grant. Mr. Sontag affirmed they are interested in receiving the funds through a loan and extending the covenant as it meets their mission of providing affordable housing. Mr. Sontag clarified that the improvements are a high priority for safety and accessibility reasons. Council Member Peotter proposed the funds be divided between a loan and a grant and recommended a continuation to a future meeting to discuss the loan and the grant after staff and Seaview Lutheran Plaza board members work out the details. Ms. Brandt recommended that staff move forward to City Council with the three proposals recommending funding for two (Newport Shores and Oasis/Habitat for Humanity senior home repair program) and work on providing the balance of the Fund, 1.6 million, to the third (Seaview Lutheran Plaza) in order to reach an agreement with the disbursement of funds for the loan and the grant. Chairman Selich agreed and added that the Task Force does not want to hold up the other projects. Member Peotter moved to continue the meeting to discuss the details of the loan and grant when it is ready. VI. PUBLIC COMMENT None VILADJOURNMENT The meeting adjourned at 3:56 p.m. The agenda for the Affordable Housing Task Force was posted on October 30, 2015, at 3:20 p.m. in the Chambers binder and on the digital display board located inside the vestibule of the Council Chambers at 100 Civic Center Drive and on the City's website on October 30, 2015 at 3:30 p.m. P4R� CITY OF NEWPORT BF;' O COMMUNITY DEVELOPMENT DEPAP H \ n 100 Civic Center Drive C� MON. Newport Beach,California 92660 949 644-3200 c�CI�ORN�P newportbeachca.gov/communitydevelopment Memorandum To: Affordable Housing Task Force From: Jaime Murillo, Senior Planner Date: March 8, 2016 Re: Affordable Housing Fund Award Seaview Lutheran Plaza - 2800 Pacific View Drive On November 24, 2015, the City Council authorized staff to negotiate an agreement with Seaview Lutheran Plaza (SVLP) for the remaining balance of approximately $1.6 million of the Affordable Housing Fund for proposed renovations and accessibility improvements. This memorandum outlines the general terms of the agreement that the SVLP management and staff have prepared for the Affordable Housing Task Force (AHTF) and SVLP Board of Director's consideration. If the AHTF agrees with these terms, SVLP Board of Director's will vote to accept the terms. Staff will then prepare the agreements for City Council approval. Background On April 29, 2015, the City published RFP No. 15-55 for use of the City's Affordable Housing Fund toward affordable housing development or programming. Three proposals were submitted that ultimately received recommendations for funding from an evaluation panel and the AHTF. The SVLP project was one of three proposals. Specifically, the project was presented to the AHTF on November 4, 2015. At the conclusion of the meeting, the AHTF agreed that the remaining Fund balance of approximately $1.6 million (balance after funding the other two proposals) be allocated to SVLP, but recommended that at least half be provided in the form of a deferred loan with any remaining balance provided as a grant. On November 24, 2015, the City Council authorized staff to negotiate an agreement with SVLP and obtain a recommendation from the AHTF. P"MW Community Development Department Affordable Housing Fund Award Seaview Lutheran Plaza March 8,2016 Original Seaview Lutheran Proposal SVLP is an existing 100-unit apartment complex that provides affordable housing and services to very low- and extremely low-income seniors. The complex was constructed in 1981 with financing support (Section 202 loan) from the U.S. Department of Housing and Urban Development (HUD). In 2009, the City provided $135,000 in Affordable Housing Funds to the complex to repair a deteriorated water system in exchange for extending the affordability covenant from 2021 to 2039. Although the condition of the units interior finishes remain good, they have never been remodeled or upgraded and are nearing the end of their useful life. The original proposal from SVLP requested a $2.8 million grant to improve accessibility for persons with disabilities and improve livability for the elderly residents, such as replacing bathtubs with showers, ADA compliant toilets and grab bars, lavatories and faucets. In addition, funding was requested to replace all flooring within the units and remodel bathrooms and kitchens with new cabinets and counters. Current Proposal Due to the complexity of the terms and timing of the loan, staff is recommending entering into two separate agreements as summarized below. Both agreements would include deed restrictions/covenants recorded against property. Agreement No. 1- $800,000 Grant Scope of work — Rehabilitation of 100 apartment bathrooms to include ADA toilets; removal of tubs; installation of shower with glass doors (or roll in for 6 accessible units); installation of new and/or existing safety grab bars; installation of sliding/adjustable shower wand; installation of new sink/vanity/mirror; replacement of hard surface flooring; new paint and lighting. Waiver of Building Permit and inspections fees (approximate value $10,700 in addition to grant). Agreement by SVLP to maintain existing affordability restrictions until 2069, which is an additional 30 years beyond present expiration date of 2039. Should SVLP or successors choose to terminate agreement prior to 2069, at minimum, a prorated amount of grant plus interest shall be repaid to City. In no case shall the agreement be terminated prior to 2039. Funds to be paid in full to SVLP upon completion of the following: o SVLP shall execute and deliver to the City a copy of an executed contract with contractor completing the improvements; 2 Affordable Housing Fund Award Seaview Lutheran Plaza March 8,2016 o SVLP shall provide the City certificates of insurance by each contractor with original endorsements effecting coverage required by City; and o Plans reviewed for compliance with approved scope of work and building permits obtained. SVLP shall reimburse City the entire amount of funds if any of the following conditions occur: o SVLP does not obtain a final inspection for the improvements by the City; or o SLVP fails to submit a lien release in such form as approved by City; or o SVLP defaults in the performance of obligations under the agreement; or o If any of the funds disbursed by City are not used for the construction of the improvements. Agreement No. 2- $800,000 Loan Scope of Work - Renovation of the 100 apartment kitchens, including new cabinets, sinks and counters, and flooring. In addition, renovation would include new flooring and window coverings of living area and bedroom. Waiver of Building Permit and inspection fees (approximate value $10,700). To be repaid on an annual basis with available residual receipts. Residual receipts are funds that would exceed amounts needed to operate the property on a monthly basis and maintain a reserve for replacement funds. Repayment would begin with the first full fiscal year after the present HUD Section 202 loan is paid in full (2021). Annual report shall be provided to City. SVLP will make a full balloon payment to the City if the loan is not paid in full at conclusion of affordability period (per Agreement No. 1), or the affordability period will automatically extend until loan repaid. Should SVLP or successors choose to terminate the agreement prior to 2069, at minimum, the unpaid loan balance plus interest (and prorated grant plus interest per Agreement No. 1) shall be repaid to City. In no case shall the agreement be terminated prior to 2039. 3 Affordable Housing Fund Award Seaview Lutheran Plaza March 8,2016 SVLP will seek HUD approval to enter into this loan agreement. HUD approval is required for any encumbrance entered into during the course of the existing mortgage, even if the conditions will take effect after the mortgage is paid in full. If HUD approval is not secured within 6 months of execution of the agreement, the City reserves the right to terminate agreement and utilize funds for other purposes. Funds to be paid in full to SVLP upon completion of the following: o SVLP shall execute and deliver to the City a copy of an executed contract with the contractor completing the improvements; o Prior to disbursement of any funds, SVLP shall provide the City certificates of insurance by each contractor with original endorsements effecting coverage required by City; o Plans reviewed for compliance with approved scope of work and building permits obtained; and o HUD approval. 4 g