HomeMy WebLinkAboutResolution No. 03-C0240 0
RESOLUTION NO. 03-C24
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA APPROVING THE APPLICATION FOR GRANT FUNDS
FOR THE JOBS HOUSING BALANCE INCENTIVE GRANT
PROGRAM FROM THE STATE DEPARTMENT OF HOUSING
AND COMMUNITY DEVELOPMENT.
WHEREAS, the State of California Department of Housing and Community
Development has issued a Notice of Funding Availability for a Jobs Housing Balance
Incentive Grant Program as revised by SB 423, and
WHEREAS, the program goal is to encourage new housing construction,
primarily in high job growth areas where housing has not kept pace with job growth,
and
WHEREAS, the program offers a one-time grant to cities that meet the program
eligibility criteria, and
WHEREAS, in order to be eligible for grants awards, cities have to have adopted
a housing element as of December 31, 2001 that the Department of Housing and
Community Development has determined pursuant to Section 65585 of the
Government Code, to be in compliance with State Housing Element law. Eligible cities
must also have experienced an increase number of permits for housing during
calendar year 2001 over the average number of units in building permits issued
annually for the most recent 3 year period, and
WHEREAS, the City's Housing Element was adopted and received HCD
approval in December of 2001, and
WHEREAS, between January 1, 2001 and December 31, 2001, the City of
Azusa issued building permits for 113 residential units, which represented a 365%
increase over the average number of units in building permits issued annually for the
most recent 3 year period, and
WHEREAS, the City of Azusa has committed to use any grant money awarded
to it for the construction or acquisition of capital assets that serve a community
benefit.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY AZUSA HEREBY
RESOLVES AS FOLLOWS:
That the City Manager, or designee, is authorized, for and behalf of the City, to
apply for, accept, appropriate, expend and administer the grant funds, in accordance
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Resolution No.:
March 17, 2003
Page 2 of 2
with the terms and conditions set forth in the approved grant and executing contract
for the project.
1
ATTEST:
CITY CLERK
this 17 1h day of March 2003.
I HEREBY CERTIFY that the foregoing Resolution No. 03-C24, was duly adopted by the
City Council of the City of Azusa at a regular meeting thereof, held this 17`h day of
March , by the following vote of the Council:
AYES: COUNCILMEMBERS: STANFORD, ROCHA, CHAGNON, MADRID
NOES: COUNCILMEMBERS: HARDISON
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
City Clerk '
APPROVED AS TO FORM
City Attorney
0
Attachment 1
0
Jobs Housing Balance
Incentive Grant Program
Application
0
California Department of Housing and Community Development
�0,3snvc
Application Summary
w
'•
Job Housing Balance Program
'��
.s 1v.:a>.Q licantlnformatton�,:
Name: City of Azusa
Address: 213 East Foothill Blvd.
City A�„�a
State: rar i fnrn; ,, Entity Type: r.; rye
(C t Runty)
Zip Code: 91702
County: Los Angeles
If this is a joint-applicantion please provide duplicate of this page for the co -applicant
1�bAuthor�zetlfRepresentativelnformafiaon 1,02=11
® Mr. O Mrs. O Ms. O Other
First Name: Roy MI:F'` Last Name: Bruckner
Job Title: Community Development Director
Check information tnths areas a sameas Applion
re '
q '.
Phone: (626)812-5236 Ext: Fax: (626) 334-5464
Email: rhrorknPr2ri -azuaa _ra _rnc
1'c'Appltcant�Cvntact�lnformaifon� '� • �' r
� i �
�
® Check if the same as Authorized Representative and go to next section
0 Mr. 0 Mrs. 0 Ms. 0 Other
First Name: MI: Last Name:
Job Title:
Address:
City:
State: Zip Code:
Phone: Ext: Fax:
Email:
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Total amount of JHBP Funds requested J$106,600
What will be Funded I Location* of what will be funded
* If not site specific, please provide the area that will receive the service, program or project.
District #
IFirst Name
Last Name
Assembly 57th
Ed
Chavez
Senate 24th
Gloria
Romero
Congress 31st
Hilda
Solis
District # First Name Last Name
Assembly
Senate
Congress
District # First Name Last Name
Assembly
Senate
Congress
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SECTION A: ELIGIBILITY REQUIREMENTS
1. HOUSING ELEMENT STATUS
Did the Applicant have an adopted housing element that the Department of
Housing and Community Development determined, pursuant to Section 65585 of
the Government Code, to be in substantial compliance with the requirements of
Article 10.6 (commencing with Section 65580) of Chapter 3 of Division 1 of Title
7 of the Government Code as of December 31, 2001?
Yes No
Was the adopted element submitted to the Department on or before December 31,
2001 for review by the Department?
Yes No
2. HOUSING PRODUCTION
Did the applicant meet or exceed the residential permit activity increase for
calendar year 2001 according to Attachment B, Permits for New Residential
Units?
Yes No
If yes, does this amount reconcile with the Construction Research Industry
Board's (CIRB) permit data report for 2001 building activity?
Yes No
If the applicant did not adopt and submit by December 31, 2001 a housing
element the Department found to be in compliance or if the jurisdiction did not
meet the required residential permit increase as defined in Attachment A of the
Guidelines your application will not be reviewed further, as it is ineligible for this
Program. Housing elements adopted by December 31, 2001, but not submitted to
the Department for review until after the due date (12/31/01) are ineligible.
' Except jurisdictions within San Diego County which were eligible to and which self -certified with
SANDAG by the due date are eligible (Section 65585.2 of the Government Code, added by S13 1432,
Chapter 711 of the Statutes of 2002)
SECTION B: PRODUCTION AWARD CATEGORY
Production Award Category
I. Employment Demand Areas, Attachment B of the Guidelines: Please list the
employment demand area for your city or county, which is to be used in Part 11. below.
Note: statistical information is provided at the county level. If the applicant is a City,
please list the County designation:
County
Employment Demand -High, Medium
or Low Designation
Los Angeles
High
H. Production Award Information: Fill out the matrix below to verify the grant award
requested. (Refer to Attachment A in the Guidelines for the information required in column
A below):
A
B
C
D
E
Annual 3yr
Number of New
Number of
Award Per Unit
Total Production
Average
Residential Unit
Units over
(part 1.):
Award Amount
(10/97- 9100)
Permits issued in
the annual
High $1,300
(CxD)
from Attachment A,
2001
average
Medium $900
Column C
(B -A)
Low $500
31
113
82
$1,300.00
$106,600.00
For HCD Use
For HCD Use
For HCD Use
For HCD Use
For HCD Use
Attachment 2
Jobs Housing Balance
Incentive Grant Program
Guidelines
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PROGRAM GUIDELINES
Jobs Housing Balance Incentive Grant Program as revised by SB 423
The Department is pleased to release the application for the Jobs -Housing Balance Incentive
Grant Program (JHB). The JHB was created by AB 2864, Chapter 80 of the Statutes of 2000,
which was added as Section 50544 of the Health and Safety Code. To implement the JHB on
November 1, 2001, the Department released a Notice of Funding Availability. Unfortunately,
due to budgetary constraints the funding appropriated for this program was eliminated prior to
the award of any grants.
In 2002, the program was modified pursuant to SB 423, Chapter 482 of Statutes of 2002 (See
Attachment C) and $25 million dollars has been made available for the program pursuant to
Proposition 46, the Housing and Emergency Shelter Trust Fund Act of 2002 for those cities and
counties that would have been eligible for an award pursuant to the November 1, 2001 NOFA.
Please be aware this program has been modified by SB 4231, the primary modification being that
a lower amount of funding is available and will be awarded based on fewer criteria, e.g., housing
production meeting or exceeding a specified threshold and employment demand area.
Accordingly, the per-unit funding amounts as had been announced in the November 2001 NOFA
have been revised to reflect the reduced amount of funding available. The modifications are
reflected in these guidelines. These grant funds may be used by cities and counties for capital
asset projects for projects benefiting the community, including neighborhood park facilities, bike
paths, and community centers, etc.
Applications to the Department will be due March 26, 2003. Funding amounts will be
determined on the basis of housing units for which new construction building permits were
issued January 1, 2001 through December 31, 2001. Grant funds will be awarded on
approximately May 30, 2003 through a grant agreement that will subsequently require the
recipient to provide a report on the number of new housing units for which permits were issued
during the period of January 1, 2001 through December 31, 2001, the number of certificates of
occupancy issued for those units, and the amenities purchased or built.
PROGRAM GOALS:
The program goal is to encourage new housing construction, primarily in high job growth areas
where housing has not kept pace with job growth. Incentive awards will be made on a per unit
cash grant for production at and above the established threshold level. The per-unit production
incentive will be weighted, based on employment demand category.
' This program design is a one-time award; additional funds appropriated by this legislation will be subject to a
significantly modified program design, focused on production of new housing units affordable to lower income
households.
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ELIGIBLE APPLICANTS:
Eligible applicants are cities and counties that did both of the following:
1. Adopted a housing element as of December 31, 2001 that the Department has determined,
pursuant to Section 65585 of the Government Code, to be in compliance with State law .2
For the purposes of this program only housing elements adopted and submitted to the
Department prior to December 31, 2001, and found to be in compliance with State housing
element law (Article 10.6 of the Government Code) would be deemed eligible.
2. Increased the number of permits issued for housing January 1, 2001 through December 31,
2001 over the average number of units in building permits issued annually for the most
recent 3 year period. For the purposes of this NOFA, the Department set the target for
eligibility as being 112% of each jurisdiction's 36 -month annual average. This baseline
figure was established by the Department on the basis of data available from October 1997
through September 2000 on new residential construction permits reported by the
Construction Industry Research Board (CIRB). Refer to Attachment A for both the 3 -year
annual average (baseline) and the target permit threshold at 112% of the baseline.
PROGRAM COMPONENTS:
Production Award Component: Funds are awarded based on increases in housing supply
relative to county -level employment demand and the jobs -housing relationship. Total production
will be measured by issuance of building permits for new housing units as reported by the CIRB
for calendar year 2001. A qualifying housing unit must meet the following Census Bureau
definition:
"A house, an apartment, a mobile home or trailer, a group of rooms, or a single room
that is occupied as a separate living quarters, or if vacant is intended for occupancy as
a separate living quarters. Separate living quarters are those in which the occupants
live separately from any other individuals in the building and which have a direct
access from the outside of the building or through a common hall. "
Grant amounts will be made to eligible applicants for production increases exceeding their
annual average for the baseline period. (See Attachment A, column C). All applicants must have
met or exceeded the 112% (Attachment A, column D) to be eligible for the program. Awards
will be determined as a per-unit incentive weighted for high, medium, and low employment
demand areas. The employment demand areas have been determined by county on the basis of
2 Except that jurisdictions within San Diego County that were eligible to and which self -certified with SANDAG by
the due date are eligible. (Section 65585.2 of the Government Code, added by SB 1432, Chapter 711 of the Statutes
of 2002)
7
9 0
job growth, rate of job growth, and the relationship of housing units to jobs by industry. The
high, medium and low employment area factor will determine the funds per unit awarded to the
applicants. Attachment B indicates the employment demand area category for each county.
High employment demand area: $1,300 per unit
Moderate employment demand area: $ 900 per unit
Lower employment demand area: $ 500 per unit
Important Note: This is not a competitive process whereby applications are rated and
ranked. All eligible applicants that provide the required supporting documentation will
be awarded funds as described in this NOFA. The award amounts have been reduced
from those originally specified in the November 1, 2001 NOFA in order to reflect the
anticipated demand and the amount of funds available for distribution. Award amounts
are determined based on departmental projections using the best available data.
However, should actual production by eligible jurisdictions exceed, or be less than, the
amount of funds available, the Department shall prorate award amounts accordingly.
Planning Incentive Award Component: This component of the JHB program has been deleted
by SB 423.
APPLICATIONS:
Applications will be made available January 24, 2003 with a submission due date of March 26,
2003. Unit production will be based on new residential construction permits issued January —
December 2001 as reported by CIRB. Copies of Form C-4043 which have been submitted to the
Census Bureau for calendar year 2001 or Form DF-HU3 Housing Unit Change, which has been
submitted to the State Department of Finance's (DOF) Demographic Research Unit for calendar
year 2001 may be used to supplement CIRB reporting information. HCD will consider only that
data from a reporting entity that has been submitted to CIRB, the Census Bureau, or DOF by
their respective reporting deadlines. Applicants should check with the reporting entity to verify
the accuracy of the permit data.
Applicants are obligated to ensure accurate reporting takes place. The Department will not
accept permit data in other formats or pursuant to definitions which do not conform to those used
by CIRB, the Census Bureau, or DOE Applicants who disagree with permit data of any of the
above three entities must reconcile and confirm the permit report data with those entities prior to
this application's final filing date.
All determinations regarding the final number of residential building permits issued shall be
made by the Department using the best available data. The Department reserves the right to
accept, reject, or seek additional information from any applicant or data -providing entity in
reaching its determinations. The determinations of the Department shall be final.
After the application deadline and the awards are announced, a standard agreement will be
entered into with the Department and will specify the terms and conditions of the grant funds as
3 See Form C-404 (1-19-2000), "Report of New Privately Owned Residential Building or Zoning Permits Issued,"
U.S. Department of Commerce. U.S. Census Bureau.
Rl
well as the reporting anllmonitoring requirements. Contracts are anticipated to be processed
immediately following the award of funds by the end of May 2003.
USE OF FUNDS:
Grants provided pursuant to this chapter shall be used for the construction or acquisition of
capital assets as set forth in Section 16727 of the Government Code (Attachment D) that serve to
benefit the community. Eligible projects include, but are not limited to, traffic improvements,
neighborhood parks, bike paths, libraries, school facilities, play areas, community centers, and
police and fire stations.
For more information please call (916) 445-4728,, fax (916) 327-2643, or email
cahouse@hcd.ca.gov
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Permits for New Residential Units ATTACHMENT A
A
k B
C
D
County
K Jurisdiction
Housing Units 1
Housing Units 2
Baseline Level
Eligibility Threshold for the
(Annual Permit Average
Issuance of New Residential
-V
from 10/97-9/00)
Permits (112% of baseline).'
Alameda
:Alameda:
x-�
47�;
52
Alameda
;Alameda County
374
418
Alameda
„.Albany
6',
7
Alameda
Berkeley
93
104
Alameda
Dublin
867
970
AlamedaEmeryville
68 pv-
75
Alameda
aFremont
747 ';
837
Alameda
?Hayward
392'4`
439
Alameda
KLivermore
581
651
Alameda
R�Newark
190
212
Alameda
Oakland
566 = „
633
Alameda
Piedmont
0
1
Alameda
Pleasanton
507'
567
Alameda
)San Leandro
309
345
Alameda
Union City
511 fi
571
Alpine
Alpine County
47
53
Amador
Amador City
0 gg
1
Amador
_ Amador County
133 �;~
148
Amador'vi
Ione62
'i '
69
Amador
a,
Jackson
11
12
Amador
Plymouth
_;.
2-"
g
Amador
Sutter Creek
8. v
9
Butte
"Biggs 3
N/A a
Contact HCD
Butte
Butte County
331
371
Butte
ChicoE,
520"
582
Butte
r Gridley
27
30
Butte
4' Oroville
14 -,
16
Butte
Paradise town
61 .
67
Calaveras
� :Angels
61 `r
68
Calaveras
TV, Calaveras County
w
249
278
Colusa
ffColusa4
-
S
Colusa
Colusa County
M'
27 z
29
ColusaWilliams
211,
23
Contra Costa
Antioch
840
941
Contra Costa
Brentwood
920
Contra Costa
CI yon 3
N A x_
Contact HCD
Contra Costa
Concord
175 e' '?
196
Contra Costa
=Contra Costa County
1215, n:
1360
Contra Costa
,3 Danville town
205 fes:
229
Contra Costa
;` EI Cerrito
9 ��
10
Contra Costa
=#Hercules
49 k
55
Contra Costa
."I'Lafayette 3
N/A
Contact HCD
Contra Costa
'=Martinez
84>
93
Contra CostaMoraga
3E
N/A
Contact HCD
Contra Costa
V., Orinda 3N/A
Contact HCD
. Figures subject to rounding formulas 1 Revised 3/19/01
qkrmits for New Residential UNIs ATTACHMENT A
A
B-
C
D
County
Jurisdiction
Housing Units 1using
Units 2
I
Baseline Level
IN
Eligibility Threshold for the
_
(Annual Permit Average
issuance of New Residential
from 10/97-9/00)
Permits (112% of baseline).'
Contra Costa
Pinole
24Q
27
Contra Costa
Pittsburg
274=
306
Contra Costa Pleasant Hill
j-,:
47
52
Contra Costa ,.Richmond
1874A
209
Contra Costa San Pablo
11 '
12
Contra Costa
San Ramon
i
2gg
334
Contra Costa
Walnut Creek
-156
175
D I No
Crescent City
6
7
Del Norte
Del Norte County
35 z
39
Dorado
EI Dorado County
EEI
1180 r'
1321
EI Dorado Placerville
85
94
EI Dorado a South Lake Tahoe,
64,
71
Fresno Clovis
457
512
Fresno {;::)Coalinga
f
21
Fresno Firebaugh
164
17
Fresno
Fowler
10
11
Fresno
Fresno
1649...'
1846
Fresno ?Fresno County
348
389
Fresno Huron
18
20
Fresno
Kerman)
62 `
69
Fresnosbur
Kin 9 9
�7
86._x;
96
Fresno ,Mendota
ri
28;:
31
Fresno Orange Cove
"
43
48
Fresno Parlier
�'
gg
gg
Fresno WReedley
0,66
&
74
Fresno
San Joaquin
24 5
26
Fresno°Sanger
43
47
Fresno Selma
102-1.,
02
114
Glenn
Glenn County
;
26
29
Glenn
pOrland
04
21
23
Glenn r
Willows
1
2
Humboldt
Arcata
47
53
Humboldt 71t, Blue Lake
1 s
2
Humboldt XiEureka
28
31
Humboldt r"Ferndale
6
7
Humboldt iFortuna
44
48
Humboldt Humboldt County
257
288
Humboldt
Rio Dell
Z
2t
3
Humboldt
Imperial
Trinidad
'Brawley
A
151
2;k
29
3
32
Imperial Calexico
184,
206
Imperial Calipatria
Imperial; El Centro
Vii+
501
56
Imperial Ur;Holtville
6
7
Imperial :, ,Imperial
82€`1
91
Imperial aK& Imperial County
;-
64
71
Figures subject to rounding formulas 2 Revised 3/19/01
Permits for New Residential Units ATTACHMENT A
A
B
C Ali
D
County'.
Jurisdiction
Housing Units 1
Housing Units z
Baseline Level
Eligibility Threshold for the
x
(Annual Permit Average
Issuance of New Residential
from 10/97-9/00)
Permits (112% of baseline).'
ImperialWestmorland
3I"R
4
Inyo;Bishop
3's
4
Inyo
fInyo County
16x:
17
KemArvin
s
88
76
Kern^Bakersfield
Kern
CalifomiaCity
_
2054
19'.
2300
21
Kern
4Deiano
215§y
240
Kern
Kernr)County
647 y
724
Kern
"'Maricopa
s
1
2
Kern
McFarland 3
N/A;?3
Contact HCD
Kem59,
Ridgecrest
2 }
3
Kern
Shaffer'
91
101
Kern
Taft
r?
13
14
Kern
Tehachapi 3
N/A
Contact HCD
Kern
Kings
rH W asco
R, Avenal
83
12 °
93
13
Kings
f Corcoran
58 s
65
Kings
allanford
5
305 x
341
Kings
Kings County
50^=
56
Kings
Lemoore
201 z •
225
LakeClearlake
3
N/A. ri
Contact HCD
Lake
Lake County
148
166
Lake
Lakeport
4
5
Lassen
LassenCounty
59
Lassen
Susanville
44u
49
Los Angeles
4.:Agoura Hills
4
5
Los Angeles
'„Alhambra
61 FO
67
Los Angeles
;Arcadia
200°”
224
Los Angeles
Artesia
10
11
Los Angeles
yAvalonqp
18 -
19
Los Angeles
'Azusa
31 ,1
34
Los Angeles
? Baldwin Park
j
55 r,
61
Los Angeles
Los Angeles
Bell
Bell Gardens
i
1
3
2
4
Los Angeles
Bellflower
VUi
39�
43
Las Angeles
Beverly Hills
75.. _
83
Los Angeles
Bradbury
6
7
Los Angeles
jA Burbank
61 a`
67
Los Angeles
Calabasas
63
70
Los Angeles
� Carson
160 ;
179
Los Angeles
;xCerritos
71
79
Los Angeles
(Claremont
95-,:V
106
Los Angeles
;{)Commerce
5
0
1
Los Angeles
Compton_
28>;
30
Los Angeles
€Covina_
4'i
5
Los Angeles
=_+Cudahy
40
44
' Figures subject to rounding formulas 3 Revised 3/19/01
Oermits for New Residential Sts ATTACHMENT A
A
Ba
C '
D
County
Jurisdiction
Housing Units t
Housing Units z
Baseline Level �2:,'
Ms
Eligibility Threshold for the
(Annual Permit Average
Issuance of New Residential
from 10/97-9/00)'
Permits (112% of baseline).'
Los Angeles
Culver City
211
23
Los Angeles
!1,jDiamond Barz
58 t`.
64
Los Angeles
*-,DowneyIN
42
Los Angeles
j Duarte r f
55
61
Los Angeles
�Jl EI Monte
73.
82
Los Angeles
z.EI Segundo
^;
15 fed
16
Los Angeles
4,Gardena
92 ,`
102
Los Angeles
}Glendale
t� 9,
105
117
Los Angeles
MGlendora
I'p'1
30 `
Los Angeles
x; Hawaiian Gardens
6.
7
Los Angeles
Hawthorne
10�
11
Los Angeles
w Hermosa Beach
101 j3u
113
Los Angeles
I TM Hidden Hills
d
9
10
An g eles
x
—iHuntington
Huntington Park
7�1
8
Los Angeles=}Industry
1=
2
Los Angeles
Inglewood
26
29
Los Angeles
rr Irwindale
2(,
3
Los Angeles
La Canada Flintridge
31
Los Angeles
l I La Habra Heights
13 :r
.14
Los Angeles
f 91-a Mirada
90i
100
Los Angeles
Puente
(f�La�Vame
g ,
y
Los Angeles
P'
a
104 ' °,
116
Los Angeles
t,'! Lakewood
N93F-�
10
Los Angeles
wuLancaster
376
421
Los Angeles
Lawndale
)
0 .
1
Los Angeles
Lomita
11
12
Los Angeles:
Long Beach
132ff4
147
Los Angeles
Los Angeles
4311 -
4828
Los Angeles
Los Angeles County
285109
3192
Los Angeles
Lynwood
34
38
Los Angeles
Malibu
74
83
Los Angeles
Manhattan Beach
a
184" •
206
Los Angeles
az Maywood?
5?
6
Los Angeles
;u Monrovia
i�;�,
"
65'„
73
Los Angeles
Montebello
59
66
Los Angelesw
Monterey Park
1441;.
161
Los Angeles
'Norwalk
79..
88
Los Angeles
Palmdale
584
654
Los Angeles
fa Palos Verdes Estates
20 :,
22
Los Angeles
Paramount
11 ,
12
Los Angeles
lPasadena
n
206f�
230
Los Angeles
"Pico Rivera
82
91
Los Angeles
Los Angeles
Pomona
€_Rancho Palos Verdes_
Y;
47E
52
53
58
Los Angeles
Redondo Beach
271}
303
Los Angeles
E1 Rolling Hills
ua
2
3
• Figures subject to rounding formulas 4 Revised 3/19/01
0 0
Permits for New Residential Units ATTACHMENT
A
B
C
D
County
= Jurisdiction
Housing Units 1 ZP
Housing Units 2
ry
Baseline Level
Eligibility Threshold for the
z
(Annual Permit Average.
Issuance of New Residential
from 10/97-9/00)' �r;
Permits (112% of baseline).'
Los Angeles
Rolling Hills Estates
29
32
Los Angeles
Rosemead
a?
37
41
Los Angeles
San Dimas
27
29
Los Angeles
�
7
8
Los Angeles
San Gabriel
4
37--7
41
Los Angeles
-San Marino
4_
5
Los Angeles
mSanta Clarita
992
1111
Los Angeles
Santa Fe Springs
2K,
3
Los Angeles
II Santa Monica
499',
559
Los Angeles
Sierra Madre
= :
6 -
7
Los Angeles
Q Signal Hill
ME
31
34
Los Angeles
South EI Monte
3
4
Los Angeles
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p;
15
17
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s South Pasadena
1 D
11
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10.Temple City
1044
116
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170
Los Angeles
Vernonr
47-
1
Los Angeles
4Walnut
8
Los Angeles
�' West Covina
,
153
171
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West Hollywood
52
58
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Westlake Village
I 1
13 1
14
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14
15
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X Chowchilla
w
520 "
57
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Madera246
275
MaderaMaderaCounty
310
346
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Belvedere
3'
4
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Corte Madera town
20
22
Marin
-; Fairfax town
1Xx
2
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3
4
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.� Marin County
160.
179
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" -Mill Valley
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15
17
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321 r
359
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1
2
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9i
10
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122; `
136
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y
7�
8
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town
26 ;`
29
Mariposa
?Mariposa
:e
781
86
Mendocino
; Fort Bragg
20,.'
22
Mendocino
Mendocino
"1'
226 i'
253
Mendocino
Point Arena 3
N/A;-
Contact HCD
Mendocino
Ukiah,;
17
19
Mendocino
Willits};=_
5
6
Merced
.Atwater
106
118
Merced _
:Dos Palos
w
4 Au
5
Merced
r' Gustine
50'
56
Figures subject to rounding formulas 5 Revised 3/19/01
Ormits for New Residential Us
ATTACHMENT A
Figures subject to rounding formulas G Revised 3/19/01
County
Jurisdiction
Housing Units 1
Housing Units 2
Baseline Level
Eligibility Threshold for the
(Annual Permit Average d ;
`
Issuance of New Residential
from 10/97-9/00)
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t,
18.19
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-Los Banos
424
474
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-Ug Merced
257
287
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Merced County
281
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fAlturas
)
0
1
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Modoc County
14
15
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151 r
168
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4 Mono County
341
37
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.ICarmel-by-the-Sea
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26
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53
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'
14
16
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r King City
35r1'�
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2 `_.j
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F Monterey
31;
35
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Monterey
.
489 n.
547
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Pacific Grove
8,
9
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987
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4
5
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12
13
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ySoledad
v
738
154
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American Canyon
49
54
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Calistoga
6
7
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x.Napa
308
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6Napa County
f 3
122
136
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41
45
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Yountvilletown1
14 fi
15
Nevada
Grass Valley
74 ?
82
Nevada
t Nevada City 3
1
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Contact HCD
Nevada
Nevada
,Nevada County om
385
431
RTruckee331
370
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;^'•Anaheim
,s
t
488
546
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51
57
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158 -
176
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63
70
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nPr
28
30
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Dana Point
102
114
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=Fountain Valley
163 "
182
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Fullerton
171
191
Orange
Garden Grove
139'
155
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t",,z
517
579
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2960 ',"
3315
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31
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K Laguna Beach
71, T
79
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u`Laguna Hills
5
6
Figures subject to rounding formulas G Revised 3/19/01
0 0
Permits for New Residential Units ATTACHMENT
A
': B
C `"'i
D
County
� _ Jurisdiction
t-
Housing Units 1 ��=
Housing Units z
Baseline Level `.`j
Eligibility Threshold for the
(Annual Permit Average �4.A
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j
VT
from 10/97-9/00) £
Permits (112% of baseline).'
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fLaguna Niguel
r
205 rAg
229
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j Lake Forest
14
16
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TN Los Alamitos
fir;
0 -t
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9Mission Viejo
r
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653
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733 a
821
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xa
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'� Orange County
3327
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Placentia
182
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a!
463
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'*.San Juan Capistrano
i
.'
108
121
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Santa Ana
140 .f
156
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3Sea] Beach
8
9
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Stanton
30 '
33
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306
342
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Villa Park
R:
15`-5,
16
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Westminster
116_
129
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a Yorba Linda
212
237
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='
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14-11,
15
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rLincoln_
736
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Loomis town
L:
23 `:'
26
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PlacerCounty
;;;
820
918
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Rocklini
1488 ';
1666
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' i Roseville
2276 LA,
2549
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> Plumas County
131
146
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Portola
2
3
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;,:Banning
138
154
Riverside
Beaumont
32
36
Riverside
s Blythe
W5 ;
75
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H Calimesa
16
17
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69
77
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505;� ,
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212
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d Corona
1606 $ k
1798
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8
9
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a`
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Riverside
"xi Indio
313
350
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a
303
339
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270
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78U
873
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74'
82
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h
633x a
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A6. Perris%'
154L
172
' Figures subject to rounding formulas 7 Revised 3/19/01
Ormits for New Residential UAL ATTACHMENT A
A
B
C
D
County
Jurisdiction
Housing Units 1
Housing Units z
Baseline Level
Eligibility Threshold for the
(Annual Permit Average
Issuance of New Residential
from 10/97.9/)0) ' IN $1'
Permits (112% of baseline).'
Riverside
Rancho Mirage POW 352
393
Riverside
Riverside1394_
1561
Riverside
F Riverside County
3404
3812
Riverside
Riverside
h San Jacinto
'Temecula
231 V'
259
t
1398}
1565
Sacramento�'
e�ICitrus Heights
��>;
267
299
Sacramento
r;Folsom
1603°
1795
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Galt
24g+ti
277
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• Isleton
OR
1
Sacramento
Sacramento
1453;
1626
Sacramento
Sacramento County
3566 1
3993
Santa Barbara
Buellton 3
N/A,
Contact HCD
Santa Barbara
Carpinteria
E
26'_
28
Santa Barbara
Guadalupe
,
p:";
1
Santa Barbara
1 Lompoc"
48;
53
Santa Barbara
Santa Barbara
70 ,
78
Santa Barbara
i Santa Barbara County
538 ';1
602
Santa Barbarai
Santa Maria
277
310
Santa Barbara
Solvang 3
i
N/A
Contact HCD
San Benito
Hollister412;
461
San Benito
4San Benito County
204
228
San Benito
)San Juan Bautista
4
5
San Bernadino
%{Adelanto
8 tet,
9
San Bemadino
Apple Valley town
333, ':
372
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Barstow
2lrcr
3
San Bemadino
43
mBig Bear Lake
Y
1"8 100
111
San Bernadino
Chino
131
146
San Bemadino
Chino Hills
622__
696
San Bemadino
Colton
72
81
San Bemadino
Fontana
1323
1481
San Bemadino
Grand Terrace
8 `?
9
San Bemadino
San Bemadino
Hesperia
Hig
314352
r<s:
187 '=
209
San Bernadino
�; Loma Lindat.
99,t
111
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44
48
San Bemadino
Rx '
s+Needles �{
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32
San Bemadino1Ontario
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195
218
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r Rancho Cucamonga
1026 ,11,; ?
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0Redlands
1561' '
174
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167
187
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;San Bernardino ` ,
1131..
126
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San Bernardino County_+
889.
996
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;Twentynine Palms
5€
6
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141 �x
157
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Victorville a
340;5.w„�
380
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{SYucaipa
190;_
212
Figures subject to rounding formulas 8 Revised 3/19/01
Permits for New Residential Units ATTACHMENT A
A
B
C
D
County
Jurisdiction
Housing Units 1
Housing Units 2
E
Baseline Level
Eligibility Threshold for the
j
(Annual Permit Average
Issuance of New Residential
s
from 10/97-9/00)F
Permits (112% of baseline).'
San Bemadino
Yucca Valley
47 `
53
San Diego
Carlsbad
r
1878
2102
San Diego
;Chula Vista
2066
2313
San Diego
Coronado
36
40
San Diego
:""Y3 Del Mar 3
_
N/A
Contact HCD
San Diego
EI Cajon100
112
San Diego
s Encinitas
341
381
San Diego=,!Escondido
=a
391 ,,t
437
San Diego
Imperial Beach
21
23
San Diego
La Mesa
„ia
7
8
San Diego
` Lemon Grove
16,-_
18
San Diego
aNational City
3
0;'
1
San Diego
Oceanside
694 .'
777
San Diego
Poway
207 }
232
San Diego
San Diego
6283
7036
San Diego
z�5x,°San Diego County
1853
2074
San Diego
San Marcos
628
702
San Diego
n Santee
"
89,1u
99
San Diego
'Solana Beach
14
22
25
San Diego
Nista
171
191
San Francisco
-'San Francisco
='
30551;
3421
San Joaquin
Escalon
51
57
San Joaquin
Lathrop
°
122
136
San Joaquin
Lodi
286
320
San Joaquin
Manteca
504
564
San Joaquin
Ripon
93s;1
103
San Joaquin
San Joaquin County
2501,-'
280
San Joaquin
Stockton
-F
1426
1597
San Joaquin
'-;Tracy
1249„1
1398
San Luis Obispo
= jArroyo Grande
143`
159
San Luis Obispo
'Atascadero
132 �
147
San Luis Obispo
_Grover Beach
x•
62
69
San Luis Obispo
.Morro Bay
69
77
San Luis Obispo
�t Paso Robles
290
324
San Luis Obispo
T Pismo Beach
88 fa
98
San Luis Obispo
San Luis Obispo
k=
120 g+
134
San Luis Obispo
San Luis Obispo County=
776;
868
San Mateo
i Atherton town
4 -
5
San MateoBelmont'
20
22
San Mateo
.Brisbane
x
103
115
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xBurlingame47f
53
San Mateo
Colma town
ti
0
1
San Mateo
Daly City
}`
50
56
San Mateo:
East Palo Alto
68
76
San Mateo
Foster City
1
2
San Mateo
_'
' Half Moon Bay
37 'g
41
Figures subject to rounding formulas 9 Revised 3119/01
Ormits for New Residential As
ATTACHMENT A
A
B
C h:`
D
County
'' Jurisdiction
Housing Units 1 K `
Housing Units 2
Baseline Level
Eligibility Threshold for the
(Annual Permit Average i
Issuance of New Residential
from 10/97-9/00)' ' `�
Permits (112% of baseline).`
San Mateo
Hillsborough town
18 Fig
20
San Mateo
Menlo Park
60 _
67
San Mateo
Millbrae
4 r
5
San Mateo
j Pacifica
68
76
San Mateo
Portola Valley town
9 F1A
10
San Mateo
Redwood City'
289 �`'
323
San Mateo
a San Bruno
6
7
San Mateo
San Carlos
26
29
San Mateo
r4 San Mateo
314;
351
San Mateo
;;San Mateo County
36 Q
404
San Mateo
South San Francisco
147,-,-165
San Mateo
Woodside town
22 4
P4
Santa Clara
„a Campbell
65
72
Santa Clara
,Cupertino
y
1g2>
215
Santa Clara
Gilroy
'}
402"
450
Santa Clara
Los Altos
50
56
Santa Clara
VJ Los Altos Hills town
33
36
Santa Clara
Los Gatos town
78
87
Santa Clara
Milpitas
311
348
Santa Clara
i Monte Sereno
12yy,
13
Santa Clara
-: j Morgan Hill
322lc ±
360
Santa ClaraMountainView
' 312c349
Santa Clara
;Palo Alto
3451 k
86
Santa Clara
t San Jose
4321 c
4839
Santa Clara
?,Santa Clara
375
420
Santa Clara
1Santa Clara County
NN
278
311
Santa Clara
;¢Saratoga
77iff-
86
Santa Clara
`Sunnyvale
390 'D
436
Santa Cruz
Capitola
23
25
Santa Cruz
u Santa Cruz
80 ''
89
Santa Cruz
Santa Cruz County
302el
338
Santa Cruz
¢ Scotts Valley"
46 ;
51
Santa Cruz
Shasta
Watsonville
.F
123 a_,
137
Shasta
,Anderson
36
q0
Redding
4561gi:
510
Shasta
§Shasta County
i
247_�t
276
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Shasta Lake
0
61
7
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Loyalton
2
3
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g Siena County
111.
j
12
1
Siskiyou Dorris 0
SiskiyouDunsmuir
2
3
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' Etna
1Sv!
2
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Fort Jones
?
1
2
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Montague
� .
1
2
Siskiyou
-'#Mount Shasta
16
17
Siskiyou
3j Siskiyou County
N4
2
115
128
Figures subject to rounding formulas
10
Revised 3/19/01
Permits for New Residential Units ATTACHMENT A
A
TMi B
C Ey
D
County
®r Jurisdiction
Housing Units 1
Housing Units 2
Baseline Level
Eligibility Threshold for the
(Annual Permit Average
Issuance of New Residential
u.
from 10/97-9/00)'
Permits (112% of baseline).'
Siskiyou
t;Tulelake
},
pt
1
Siskiyou
=Weed
V
0
1
Siskiyou
1Yreka
6
7
Solan
Benicia
281: j
31
Solano
Dixon
82
91
Solano=
�- Fairfield
521.!
583
Solano
Rio Vista
160
179
Solan
Solano County
37�s
41
Solano
' Suisun City76
t3.
85
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.-:Vacaville
6389&
714
Solan
;Vallejo
436,,"
488
Sonoma
>'aCloverdale
165
184
Sonoma
Cotati
28
31
Sonoma,Healdsburg
156 zz
174
Sonoma
Petaluma
485
543
Sonoma
Rohnert Park
58 Y,
64
Sonoma
Santa Rosa
1197 q
1340
Sonoma
,LLJ Sebastopol
29
32
Sonoma
Sonoma
71
79
Sonoma
«' Sonoma County
284-
318
Sonoma
!Windsor town
256
286
Stanislaus.
:Ceres
k,
102
114
Stanislaus
2Hughson
23�
25
Stanislaus
Modesto
1066K
1193
Stanislaus
„Newman
84=
94
Stanislaus
53{0akdale
51
57
Stanislaus
Patterson
161 4ri
180
Stanislaus
;Riverbank
549
60
Stanislaus
�; Stanislaus County
423
473
Stanislaus
udock
ta
512 1-
573
StanislausaWaterford
6
7
Sutter County
Live Oak
9
10
Sutter County'
Suffer County
115
128
Sutter County
i;Yuba City
fiA
,.
77,
86
Tehema
Corning
;'
5
6
Tehema
Red Bluff
24
26
Tehema
fi#Tehama 3
N/A
Contact HCD
Tehema
'1 Tehama County
122Q
136
Trinity
Trinity County
44k„
49
Tulare
%.Dinuba
_
79k
88
Tulare
Exeter
42
47
Tulare
Farmersville
35
39
Tulare
"".Lindsay
Tulare
Porterville
201 k'
225
Tulare
`Tulare_
_
230
257
Tulare
#;Tulare County
312 Q
349
Figures subject to rounding formulas 11 Revised 3/19/01
A
County
ventura
Ventura
Ventura
46rmits for New Residential LOS ATTACHMENT A
B
Jurisdiction
Tuolumne
Camarillo
Fillmore
Oxnard
Port Hueneme
San Buenaven
C
Housing Units 1
Baseline Level
(Annual Permit Average
from 10/97-9/00) .
638
36
19
266
455
55
63
8
840
10
1
Fl*y
D
Housing Units 2
Eligibility Threshold for the
Issuance of New Residential
Permits (112% of baseline).'
1
21
297
111
T 01
(Westbacramento
)<
1601i
179
Yolo
'Winters
331°
36
Yolo
Woodland
mj
263
294
Yolo
'�,'. Yolo County
° ?
37
41
Yuba
Marysville
21i
23
Yuba
iNWheatland
$
9 {
10
Yuba
Z5 Yuba County
j 1
126:ras
141
1 Calculated by HCD using Construction Industry Research Board data; CIRB Address: 2511 Empire Ave., Burbank, CA 91504,
(818) 841-8210
Where applicable, figure adjusted to represent an increase of 1 unit
Data not available
Figures subject to rounding formulas 12 Revised 3/19/01
0 0
Attachment B
Employment Demand Areas
I HIGH DEMAND ISI MODERATE DEMAND Ik LOWER DEMAND
County Name County Name UI County Name
ALAMEDA
CONTRA COSTA
LOS ANGELES
ORANGE
RIVERSIDE
SACRAMENTO
r SAN BERNARDINO
SAN DIEGO
SAN FRANCISCO
SAN MATEO
SANTA CLARA
SONOMA
VENTURA
BUTTE
ELDORADO
FRESNO
IMPERIAL
KERN
MADERA
MARIN
MERCED
MONTEREY
NAPA
NEVADA
PLACER
SAN JOAQUIN
SAN LUIS OBISPO
SANTA BARBARA
SANTA CRUZ
SHASTA
SOLANO
STANISLAUS
TULARE
YOLO
ALPINE
AMADOR
CALAVERAS
COLUSA
DEL NORTE
GLENN
HUMBOLDT
I NYO
KINGS
LAKE
LASSEN
MARIPOSA
MENDOCINO
MODOC
MONO
PLUMAS
SAN BENITO
SIERRA
SISKIYOU
SUTTER
TEHAMA
TRINITY
TUOLUMNE
YUBA
Parameters for Determining a County's Employment Demand:
High Demand County: Average Annual Employment Growth from 1997-1999
exceeds 6,400 new jobs
and, Ratio of Existing Supplies of Housing and Jobs is below 1 A
OR
Average Annual Employment Growth from 1997-1999
exceeds15,000 new jobs
and, Average Annual Employment Growth from 1997-1999
exceeds State average job growth of 3%
Medium Demand County Average Annual Employment Growth from 1997-1999
is between 1,000 and 6,400 new jobs
and, Ratio of Existing Supplies of Housing and Jobs is below 1.8
Low Demand County Average Annual Employment Growth from 1997-1999
is fewer than 1,000 new jobs
and, Ratio of Existing Supplies of Housing and Jobs exceeds 0.9
Sources: Employment by Industry Daia 1996-1999 from EDD and May 2000 E-5 City/County Population and
Housing Estimates from DOF
Employment Demand Areas, Att.B-Results4Public
0 0
Attachment C
BILL NUMBER: SB 423 CHAPTERED
BILL TEXT
CHAPTER 482
FILED WITH SECRETARY OF STATE SEPTEMBER 12, 2002
APPROVED BY GOVERNOR SEPTEMBER 11, 2002
PASSED THE SENATE AUGUST 20, 2002
PASSED THE ASSEMBLY AUGUST 19, 2002
AMENDED IN ASSEMBLY JUNE 30, 2002
AMENDED IN ASSEMBLY JUNE 24, 2002
AMENDED IN ASSEMBLY JUNE 10, 2002
AMENDED IN SENATE JUNE 4, 2001
AMENDED IN SENATE MAY 16, 2001
INTRODUCED BY Senator Torlakson
FEBRUARY 21, 2001
An act to add Chapter 3.8 (commencing with Section 50550) to Part
2 of Division 31 of the Health and Safety Code, relating to housing.
LEGISLATIVE COUNSEL'S DIGEST
SB 423, Torlakson. Workforce Housing Reward Program.
Existing law establishes, among other housing programs, the
Jobs -Housing Balance Improvement Program administered by the
Department of Housing and Community Development.
This bill would establish the Workforce Housing Reward Program to
be administered by the department to provide local assistance for the
construction or acquisition of capital assets to cities, counties,
and cities and counties that provide land use approval to affordable
housing developments, as specified.
This bill would become operative only upon approval by the voters
of the Housing and Emergency Shelter Trust Fund Act of 2002 as
enacted by Chapter 26 of the Statutes of 2002, and would prescribe
the use of certain funds that would be transferred to the
Jobs -Housing Balance Improvement Account pursuant to that act.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. Chapter 3.8 (commencing with Section 50550) is added to
Part 2 of Division 31 of the Health and Safety Code, to read:
CHAPTER 3.8. WORKFORCE HOUSING REWARD PROGRAM
50550. There is hereby established the Workforce Housing Reward
Program, to be administered by the department for the purpose of
providing local assistance to cities, counties, and cities and
counties that provide land use approval to housing developments
affordable to very low and low-income households.
0 0
50550.1. (a) To the extent that funds are available, the
department shall provide local assistance grants to a city, county,
or city and county that issues a building permit for a housing
development consisting of newly constructed units that are affordable
to very low or low-income households if all of the following
conditions are met:
(1) Final land use approval was granted to the development on or
after January 1, 2004.
(2) (A) In the case of rental units, the development is subject to
a regulatory agreement recorded against the property that obligates
the owner to maintain rents on the restricted units at levels
affordable to very low or low-income households for at least 55
years.
(B) In the case. of ownership housing, units shall be initially
sold to households of low or very low income at an affordable housing
cost. If public funds are used to achieve an affordable housing
cost, then upon the sale of an assisted unit to a low- or very low
income household, the public entity shall ensure the repayment of the
public funds and reuse of those funds for affordable housing for a
period of at least 20 years. The proposed mechanism for restrictions
of ownership units shall be consistent with criteria established by
the department and specified in the Notice of Funding Availability.
(3) By the end of the 12 -month period covered by the Notice of
Funding Availability, the city, county, or city and county has an
adopted housing element that the department has found pursuant to
Section 65585 of the Government Code to be in substantial compliance
with the requirements of Article 10.6 (commencing with Section 65580)
of Chapter 3 of Division 1 of Title 7 of the Government Code and has
submitted to the department the annual progress report required by
Section 65400 of the Government Code within the preceding 12 months.
(b) For each year that funds are available, the department shall
issue a Notice of Funding Availability to cover permits issued during
a 12 -month time period. The department shall accept applications at
the close of the 12 -month period. Grant amounts shall be determined
as a per -bedroom incentive for each unit restricted for very low and
low-income households. For the purposes of this section single -room
occupancies and studio apartments shall be considered as one -bedroom
units. The grant for very low income units shall be greater than
the grant for low-income units. If the eligibility for funds exceeds
the amount of funding available for this program, the department
shall reduce all grants proportionally.
(c) A city, county, or city and county that qualified for a grant
from the Jobs -Housing Balance Incentive Grant Program pursuant to
Section 50544 during the 2001 calendar year shall receive an
additional amount of funds for each bedroom that qualifies under this
section. The department shall determine the amount of the bonus
grant to be awarded pursuant to this subdivision.
50550.2. (a) Grants provided pursuant to this chapter shall be
used for the construction or acquisition of capital assets as set
forth in Section 16727 of the Government Code that serve to benefit
the community. Eligible projects include, but are not limited to,
traffic improvements, neighborhood parks, bike paths, libraries,
school facilities, play areas, community centers, and police and fire
stations.
(b) The department may deny funding to any jurisdiction that it
determines, based on reasonable evidence, failed to grant final land
use approval for eligible developments on a timely basis between
January 1, 2003, and January 1, 2004.
(c) The department shall adopt guidelines for the operation of the
program. The guidelines shall not be subject to the requirements of
Chapter 2.5 (commencing with Section 11340) of Part 1 of Title 2 of
the Government Code.
SEC. 2. (a) Twenty-five million dollars ($25,000,000) of the funds
transferred to the Jobs -Housing Balance Improvement Account pursuant
to paragraph (8) of subdivision (a) of Section 53533 of the Health
and Safety Code shall be used to provide prorated grants to cities,
counties, and cities and counties that qualified for funds from the
Jobs -Housing Balance Incentive Grant Program pursuant to Section
50544 of the Health and Safety Code during the 2001 calendar year.
Notwithstanding subdivision (c) of Section 50544 of the Health and
Safety Code, the prorated grant amounts shall be only determined as a
per-unit incentive weighted for high, medium, and low employment
demand areas. Notwithstanding subdivision (a) of Section 50544 of
the Health and Safety Code, grant funds shall be used for the
construction or acquisition of capital assets as set forth in Section
16727 of the Government Code that serve to benefit the community.
(b) Sixty-five million dollars ($65,000,000) of the funds
transferred to the Jobs -Housing Balance Improvement Account pursuant
to paragraph (8) of subdivision (a) of Section 53533 of the Health
and Safety Code shall be used to provide local assistance grants
pursuant to Chapter 3.8 (commencing with Section 50550) of Part 2 of
Division 31 of the Health and Safety Code.
(c) Ten million dollars ($10,000,000) of the funds transferred to
the Jobs -Housing Balance Improvement Account pursuant to paragraph
(8) of subdivision (a) of Section 53533 of the Health and Safety Code
shall be used to provide bonus grants pursuant to subdivision (c) of
Section 50550.1 of the Health and Safety Code.
SEC. 3. This act shall become operative only upon approval by the
voters of the Housing and Emergency Shelter Trust Fund Act of 2002,
as enacted by Chapter 26 of the Statutes of 2002.
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Attachment D
Government Code 16727. Proceeds from the sale of any bonds issued
pursuant to this chapter shall be used only for the following purposes:
(a) The costs of construction or acquisition of capital assets.
"Capital assets" mean tangible physical property with an expected
useful life of 15 years or more. "Capital assets" also means
tangible physical property with an expected useful life of 10 to 15
years, but these costs may not exceed 10 percent of the bond proceeds
net of all issuance costs. "Capital assets" include major
maintenance, reconstruction, demolition for purposes of
reconstruction of facilities, and retrofitting work that is
ordinarily done no more often than once every 5 to 15 years or
expenditures that continue or enhance the useful life of the capital
asset. "Capital assets" also include equipment with an expected
useful life of two years or more. Costs allowable under this section
include costs incidentally but directly related to construction or
acquisition, including, but not limited to, planning, engineering,
construction management, architectural, and other design work,
environmental impact reports and assessments, required mitigation
expenses, appraisals, legal expenses, site acquisitions, and
necessary easements.
(b) To make grants or loans, if the proceeds of the grants or
loans are used for the costs of construction or acquisition of
capital assets. Bond proceeds may also be used to pay the costs of a
state agency for administering the grant or loan program.
(c) To repay funds borrowed in anticipation of the sale of the
bonds, including interest, or to pay interest on the bonds
themselves.
(d) To pay the costs of a state agency with responsibility for
administering the bond program. These costs include those incurred
by the Treasurer, the Controller, the Department of Finance, and the
Public Works Board for staff, operating expenses and equipment, and
consultants' costs.
(e) The costs of the Treasurer's office directly associated with
the sale and payment of the bonds, including, but not limited to,
underwriting discounts, costs of printing, bond counsel,
registration, and fees of trustees.
Nothing in this section is intended to prohibit the investment of
bond proceeds or the use of proceeds of those investments in any
manner authorized by law.