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2012 03 14 HCMinutesMINUTES HOUSING COMMISSION MEETING A Special Meeting Held in the Study Session Room at La Quinta City Hall 78 -495 Calle Tampico, La Quinta, CA March 14, 2012 This meeting of the Housing Commission was called to order at 6:00 p.m. by Chairperson Leidner. CALL TO ORDER A. Roll Call B. Pledge of Allegiance Present: Commissioners Dorsey, Hunter, LaRocca, McDonough Chairperson Leidner Absent: None Staff Present: Debbie Powell, Economic Development /Housing Manager; Yvonne Franco, Interim Management Assistant; Lori Lafond, Executive Assistant Chairperson Leidner introduced Michele McDonough to the Commission and welcomed her as the newest member of the Commission PUBLIC COMMENT None CONFIRMATION OF AGENDA It was moved by Commissioners Dorsey /LaRocca to confirm the agenda with the addition of an item listed under Reports and Informational Items - Commission Compensation. Motion carried unanimously. 1. Approval of the Minutes for the Meeting on December 21, 2011 It was moved by Commissioners LaRocca /Dorsey to approve the minutes as recommended. Motion carried unanimously. PRESENTATIONS 1. Presentation by the YMCA of the Desert Regarding Programs at Vista Dunes Courtyard Homes and Wolff Waters Place Paula Simonds, Community Program Director of the YMCA of the Desert spoke about the programs offered by YMCA to our affordable housing residents - see Attachment 1 for a list of programs. CORRESPONDENCE AND WRITTEN MATERIAL None BUSINESS ITEMS None STUDY SESSION None REPORTS AND INFORMTIONAL ITEMS 1. Update on Affordable Housing Projects Staff presented staff report. Commissioner LaRocca asked if the affordability covenants on the residences that were sold as affordable housing will be affected. Staff indicated that the Successor Housing Agency may enforce the covenants. Staff further explained that there is currently pending legislation that will secure the covenants. Commissioner LaRocca asked if the Oversight Board will be meeting on a regular basis. Staff indicated that the Board will be meeting the Wednesday after the City Council meetings, and should wind down after a few months but for now, twice a month. Commissioner Hunter asked if notice will be sent to Washington Street Apartments residents regarding the delay in the rehabilitation project. Staff stated that notices will be sent as soon as more information is received regarding the housing legislation. 2. Update on Former Redevelopment Agency and Housing Authority Staff presented staff report. Commissioner LaRocca asked about interest rates on the silent second home loans and whether or not the buyer can refinance on those loans. Staff stated that they can refinance on their first mortgages but there are some challenges due to realtors being misinformed of the silent second program. Commissioner Hunter asked if the silent second homes were becoming difficult to sell. Staff stated that sometimes it is a challenge due to the income requirements and credit requirements. Housing Commission Minutes March 14, 2012 2 Commissioner McDonough asked about qualifying requirements for the silent second program /affordable housing. Staff indicated that there are several requirements including income, household size, and income limits are based on a percentage of the Riverside County median income (a schedule prepared each year by the County). Commissioner Compensation Staff informed the Commission that compensation for all Boards and Commissions will be brought to City Council for discussion. This is based on an IRS audit that the City of Palm Desert went through regarding the payments to Commissioners. The IRS has determined that cities can no longer pay board members and /or commissioners as an accounts payable item. The members will have to be on the City payroll so that taxes are deducted. The City Council will meet on March 20, 2012 to discuss this item. Staff will provide more information at the next Housing Commission meeting on June 13, 2012. COMMISSIONER ITEMS None. ADJOURNMENT There being no further business, it was moved by Commissioners Hunter /McDonough to adjourn this meeting of the Housing Commission. This meeting of the Housing Commission was adjourned on March 14, 2012, at 6:54 p.m. Motion carried unanimously. Submitted by Qon Lafond Executive Assist t Housing Commission Minutes March 14, 2012 3