2021 06 09 HCHOUSING COMMISSION AGENDA 1 JUNE 9, 2021
REGULAR MEETING
Housing Commission agendas and staff
reports are available on the City’s web
page: www.LaQuintaCA.gov
HOUSING COMMISSION
AGENDA
CITY HALL COUNCIL CHAMBER
78495 Calle Tampico, La Quinta
REGULAR MEETING
WEDNESDAY, JUNE 9, 2021 AT 4:00 P.M.
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SPECIAL NOTICE
Teleconferencing and Telephonic Accessibility In Effect
Pursuant to Executive Orders N-25-20, N-29-20, N-33-20, N-35-20, and N-
60-20 executed by the Governor of California in response to the state of
emergency relating to novel coronavirus disease 2019 (COVID -19) and
enabling teleconferencing accommodations by suspending or waiving specified
provisions in the Ralph M. Brown Act (Government Code § 54950 et seq.),
members of the Housing Commission, the City Manager, City Attorney, City
Staff, and City Consultants may participate in this meeting by teleconference.
Additionally, pursuant to the above-referenced executive orders, the public is
not permitted to physically attend at City Hall the meeting to which this
agenda applies, but any member of the public may listen or participate in the
open session of this meeting as specified below.
Members of the public wanting to listen to this meeting may do so by tuning-
in live via http://laquinta.12milesout.com/video/live.
Members of the public wanting to address the Housing Commission, either
for public comment or for a specific agenda item, or both, are requested to
send an email notification to Housing Specialist Doug Kinley at
DKinley@LaQuintaCA.Gov, and specify the following information:
HOUSING COMMISSION AGENDA 2 JUNE 9, 2021
REGULAR MEETING
1) Full Name 4) Public Comment or Agenda Item Number
2) City of Residence 5) Subject
3) Phone Number 6) Written or Verbal Comments
The email “subject line” must clearly state “Written Comments” or “Verbal
Comments.”
Verbal public comments – requests to speak must be emailed to Housing
Specialist Doug Kinley no later than 3:00 p.m. on the day of the meeting;
the City will facilitate the ability for a member of the public to be audible to the
Housing Commission and general public for the item(s) by contacting him/her via
phone and queuing him/her to speak during the discussion.
Only one person at a time may speak by telephone and only after being
recognized by the Housing Commission’s Chairperson.
Written public comments, received prior to the adjournment of the meeting, will
be distributed to the Housing Commission, incorporated into the agenda packet
and public record of the meeting, and will not be read during t he meeting unless,
upon the request of the Housing Commission Chairperson, a brief summary of any
public comment is asked to be read, to the extent the Commission Secretary can
accommodate such request.
It would be appreciated that any email communications for public comments
related to the items on the agenda, or for general public comment, are provided to
the City Manager’s Office at the email address listed above prior to the
commencement of the meeting. If that is not possible, and to accommodate public
comments on items that may be added to the agenda after its initial posting or
items that are on the agenda, every effort will be made to attempt to review emails
received by the City Manager’s Office during the course of the meeting. The
Housing Commission’s Chairperson will endeavor to take a brief pause before action
is taken on any agenda item to allow the Commission Secretary to review emails
and share any public comments received during the meeting. All emails received
by the City Manager’s Office, at the email address above, until the adjournment of
the meeting, will be included within the public record relating to the meeting.
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HOUSING COMMISSION AGENDA 3 JUNE 9, 2021
REGULAR MEETING
CALL TO ORDER
ROLL CALL: Commissioners: Casto, Davidson, McDonough, Pacheco, Chairperson
Gaeta-Mejia
PLEDGE OF ALLEGIANCE
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the Housing Commission on any matter
not listed on the agenda. Please email “Written Public Comments” to
DKinley@LaQuintaCA.gov and limit your comments to three (3) minutes
(approximately 350 words). The Commission values your comments; however, in
accordance with State law, no action shall be taken on any item not appearing on the
agenda unless it is an emergency item authorized by the Brown Act [Government Code
Section 54654.2(b)].
CONFIRMATION OF AGENDA
ANNOUNCEMENT, PRESENTATIONS, AND WRITTEN COMMUNICATION -
NONE
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
1.APPROVE SPECIAL MEETING MINUTES OF MAY 5, 2021
2.RECOMMEND THE HOUSING AUTHORITY RECEIVE AND FILE THE LA
QUINTA HOUSING AUTHORITY ANNUAL REPORT FOR FISCAL YEAR 2019/20
PURSUANT TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34328
3.RECOMMEND THE HOUSING AUTHORITY RECEIVE AND FILE HOUSING
SUCCESSOR ANNUAL REPORT FOR FISCAL YEAR 2019/20 REGARDING THE
LOW- AND MODERATE-INCOME HOUSING ASSET FUND PURSUANT TO
CALIFORNIA HEALTH AND SAFETY CODE SECTION 34176.1 (F) FOR THE LA
QUINTA HOUSING AUTHORITY
BUSINESS SESSION
1.DISCUSS AND APRROVE THE FISCAL YEAR 2021/22 PROPOSED
HOUSING AUTHORITY BUDGET
COMMISSIONERS’ ITEMS
ADJOURNMENT
HOUSING COMMISSION AGENDA 4 JUNE 9, 2021
REGULAR MEETING
*********************************
The next regular quarterly meeting of the La Quinta Housing Commission will
be held on September 8 , 2021, commencing at 4:00 p.m., at the La
Quinta Study Session Room, 78495 Calle Tampico, La Quinta, CA 92253, and
via Zoom.
DECLARATION OF POSTING
I, Doug Kinley, Housing Specialist, do hereby declare that the foregoing Agenda
for the La Quinta Housing Commission meeting was posted on the City’s website,
near the entrance to the Council Chambers at 78495 Calle Tampico, and the
bulletin boards at the Stater Brothers Supermarket at 78630 Highway 111, and
the La Quinta Cove Post Office at 51321 Avenida Bermudas, on June 3, 2021.
DATED: June 3 , 2021
Doug Kinley III
Doug Kinley, Housing Specialist
City of La Quinta, California
PUBLIC NOTICES
•The La Quinta City Hall Study Council Chamber is handicapped accessible. If
special equipment is needed for the hearing impaired, please call the City Clerk’s
office at (760) 777-7092, twenty-four (24) hours in advance of the meeting and
accommodations will be made.
•If special electronic equipment is needed to make presentations to the
Commission, arrangements should be made in advance by contacting the City
Clerk’s office at (760) 777-7092. A one (1) week notice is required.
•If background material is to be presented to the Commission during a Housing
Commission meeting, please be advised that eight (8) copies of all documents,
exhibits, etc., must be supplied to the Secretary for distribution. It is requested
that this take place prior to the beginning of the meeting.
•Any writings or documents provided to a majority of the Commission regarding
any item(s) on this agenda will be made available for public inspection at The
Hub counter at City Hall located at 78-495 Calle Tampico, La Quinta, California,
92253, during normal business hours.
HOUSING COMMISSION MINUTES Page 1 of 2 MAY 5, 2021
SPECIAL MEETING
HOUSING COMMISSION
SPECIAL MEETING
MINUTES
WEDNESDAY, MAY 5, 2021
CALL TO ORDER
A meeting of the La Quinta Housing Commission (Commission) was called to
order at 4:00 p.m. by Chairperson Gaeta-Mejia.
This meeting was held by teleconference pursuant to Executive orders N -25-
20, N-29-20, N-33-20, and N-35-20, executed to by the Governor of California
in response to the state of emergency relating to novel coronavirus disease
2019 (COVID-19) and enabling teleconferencing accommodations by
suspending or waiving specified provisions of the Ralph M. Brown Act
(Government Code § 54950 et seq.).
PRESENT: Commissioners Casto, Davidson, McDonough, Pacheco,
Chairperson Gaeta-Mejia
ABSENT: None
STAFF PRESENT: Housing Specialist Kinley, Assistant to City Manager
Villalpando, Interim Finance Director Martinez, and Commission Secretary
Camarena
PLEDGE OF ALLEGIANCE
Chairperson Gaeta-Mejia led the audience in the Pledge of Allegiance.
CONFIRMATION OF AGENDA - Confirmed
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
Specialist Kinley said no requests for WRITTEN PUBLIC COMMENTS or VERBAL
COMMENTS have been received for this meeting.
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS
- None
HOUSING COMMISSION MINUTES Page 2 of 2 MAY 5, 2021
SPECIAL MEETING
CONSENT CALENDAR
1.APPROVE REGULAR MEETING MINUTES OF March 10, 2021
MOTION – A motion was made and seconded by Commissioners
Casto/Davidson to approve the Consent Calendar as recommended. Motion
passed Unanimously.
BUSINESS SESSION - None
STUDY SESSION
1.REVIEW FISCAL YEAR 2021-22 PROPOSED HOUSING
AUTHORITY BUDGET
Interim Finance Director Martinez provided a presentation for the 2021-22
Proposed Housing Authority Budget.
Staff discussed the budget schedule; revenue projections and expense
projections for funds 241, 243, 249; and Housing Fund Balances currently
having no anticipated changes.
Per Commission’s request, Assistant to City Manager Villalpando provided a
brief update on the Dune Palms Mobile Home Park; discussed the funds set
aside for the evaluation and explained how funds are to be utilized for any
upgrades needed such as road work. Commission questioned whether enough
funds have been set aside. Staff explained at this time funds are sufficient,
and adjustments can be made as needed.
STAFF REPORTS AND INFORMATIONAL ITEMS
COMMISSIONER’S ITEMS – None
ADJOURNMENT
There being no further business, a motion was made and seconded by Commissioners
Pacheco/Davidson to adjourn the meeting at 4:15 p.m. Motion passed Unanimously.
Respectfully submitted,
Reyna Camarena
REYNA CAMARENA, Commission Secretary
City of La Quinta, California
City of La Quinta
HOUSING COMMISSION MEETING: June 9, 2021
STAFF REPORT
AGENDA TITLE: RECOMMEND THE HOUSING AUTHORITY RECEIVE AND FILE THE LA
QUINTA HOUSING AUTHORITY ANNUAL REPORT FOR FISCAL YEAR 2019/20 PURSUANT
TO CALIFORNIA HEALTH AND SAFETY CODE SECTION 34328
RECOMMENDATION
Recommend the Housing Authority receive and file the Fiscal Year 2019/20 La Quinta
Housing Authority Annual Report.
EXECUTIVE SUMMARY
•California Health and Safety Code Section 34328 requires the Housing Authority
(Authority) to prepare and file an Annual Report (Report).
•The Report (Attachment 1) presents all Authority activities for 2019/20.
•The Report will be posted on the City’s website and filed with the City Clerk.
FISCAL IMPACT – None.
BACKGROUND/ANALYSIS
The Report reviews the Authority’s assets, budget, housing unit compliance, and
affordable housing activities during 2019/20, and includes the following findings:
•No bonds were issued nor were any affordable housing commitments made.
•After transferring ownership of the Washington Street Apartments project to
Coachella Valley Housing Coalition on March 15, 2018, the project has been
completed and is open officially as of November 21, 2019.
•The Authority remains in compliance with the Housing Affordability requirement
wherein 50 percent of 1352 total Authority assisted rental units are available to
persons of very-low income.
•The Authority has 391 silent second trust deed loans, and 1 residential
rehabilitation loan, all of which provide affordability covenants and are monitored
for compliance.
•The Authority did not issue any domestic violence related termination notices.
ALTERNATIVES
As this is a receive and file action no alternatives are presented.
Prepared by: Doug Kinley, Management Specialist
Approved by: Gilbert Villalpando, Assistant to City Manager
Attachment: 1. La Quinta Housing Authority Annual Report
CONSENT CALENDAR ITEM NO. 2
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
Wolff Waters Place
ATTACHMENT 1
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
Introduction
About This Annual Report
SUMMARY
California Health and Safety Code (“HSC”) Section 34328 states that “at least once a year,
an authority shall file with the clerk of the respective city or county and with the
Department of Housing and Community Development (“HCD”) a report of its activities for
the preceding year“(“Annual Report”). This Annual Report for the La Quinta Housing
Authority (“Authority”) covers all the activities that have occurred during the 2019-20
Fiscal Year (“FY 19-20”), including housing unit compliance with affordability
requirements, activities concerning existing debt obligations, as well as land transactions
and development.
LEGAL AUTHORITY
It is the intent of the State legislature that housing authorities function as local entities
with the primary responsibility of providing housing for very low- and low-income
households. As such, housing authorities are distinct, autonomous, legal entities that
derive their powers from State statute. The HSC, beginning with Section 34200, provides
for the functioning of a local housing authority through a resolution of the local governing
body. In the case of the City of La Quinta (“City”), the City Council of the City of La Quinta
(“City Council”) resolved that the Authority could exercise its powers. The resolution
adopted by the City Council must be accompanied by a finding that either of the following
is true: (1) unsanitary or unsafe housing exists in the city or (2) there is a shortage of
safe or sanitary housing available to persons of low income. On September 15, 2009, the
City Council adopted Resolution No. 2009-005, confirming that both aforementioned
findings have been met to establish a housing authority in accordance with the California
Housing Authorities Law (Health and Safety Code Section 34200, et. seq.). The Authority
adopted Bylaws and Rules of Procedure on October 6, 2009 by Resolution HA 2009-001,
which was amended by the Authority on April 15, 2014.
ABx1 26 dissolved redevelopment agencies in California effective February 1, 2012.
Health and Safety Code Section 34176(b)(2) allows the local housing authority to assume
all rights, powers, assets, liabilities, duties, and obligations associated with the housing
activities of a dissolved redevelopment agency. On January 17, 2012, the La Quinta
Housing Authority adopted resolution HA 2012-002, electing to be the “housing successor”
to the dissolved La Quinta Redevelopment Agency.
Health and Safety Code Section 34179 requires the formation of oversight boards to
approve transactions related to former redevelopment agencies. The Oversight Board of
the Successor Agency to La Quinta Redevelopment Agency was established on March 7,
2012. The Oversight Board subsequently approved the transfer of affordable housing
properties to the La Quinta Housing Authority on April 18, 2012 via resolutions OB 2012-
008 and OB 2012-009.
OBJECTIVES OF THE HOUSING AUTHORITY
The Authority was established to own rental properties in the City of La Quinta that were
scheduled for substantial rehabilitation, and to hold title to vacant properties that will be
developed with single and multi-family housing. A detailed inventory of Authority
properties is presented in Tables 1a, 1b, and 1c. The Authority contracts with private
entities to manage the occupied properties. The Authority’s objectives are:
•Provide safe and sanitary housing opportunities for La Quinta residents;
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
•Rehabilitate properties that exhibit unsafe or unhealthy characteristics; and
•Increase, improve, and preserve the community’s affordable housing stock.
CONTENTS OF THE HOUSING AUTHORITY’S ANNUAL REPORT
This Annual Report has been developed to:
•Summarize the Authority’s activities during FY 19-20, including any bond issuances,
and loan or finance agreements that the Authority has entered into;
•Show compliance with requirements of HSC Section 34312.3 such as the minimum
amount of housing units affordable to lower income in projects assisted by the
Authority, and document established base rents and/or maximum rental payments
for lower income households; and
•Document any domestic violence tenancy or Section 8 voucher termination as
required by HSC Section 34328.1.
HOUSING AUTHORITY DEBT OBLIGATIONS
Pursuant to HSC Section 34328.1, the Authority must provide a complete report of all
bond, loan and financing agreement transactions during the prior fiscal year. Authority
activities permitted by HSC Section 34312.3 include issuing bonds, loans and financing
agreements for multi-family rental housing projects.
There were no new bond, loan or financing agreement transactions during FY 19-20.
LAND TRANSACTIONS AND DEVELOPMENT
HSC Section 34312.3 permits housing authorities to undertake activities related to:
•The development, rehabilitation, or financing of housing projects;
•The purchase, sale, lease, ownership, operation, or management of housing
projects assisted by the Authority; conveyance of surplus lands to a developer for
permitted purposes; and
•Establish a special trust fund or account funded with bond proceeds or developer
funds.
Dune Palms Mobile Home Park (DPMHP) will be entering into contract with the owners that
may result in the City’s acquisition of the property. If the City does acquire the mobile
home park and amenities, the City plans, currently, to continue the use as a mobile home
park to preserve and perhaps improve the housing stock in the city. It is anticipated that
a combination of housing funds, bond proceeds, and tax credit financing will be used to
pay for the acquisition of DPMHP, and any resulting improvements requiring design,
architectural, engineering, and project management services in addition to vertical
construction and rehabilitation.
HOUSING AUTHORITY ASSETS
Housing Authority assets include real property assets owned or managed by the Authority
and include a breakdown of the current and anticipated income levels at each property
where applicable. All Real Property Assets are shown on Table 1a and 1b. A summary
of the seven (7) long-term loans made by the former La Quinta Redevelopment Agency to
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
affordable housing developers is provided in Table 1c. These loans have been assumed
by the Authority due to redevelopment dissolution.
Real Property Inventory
Table 1a
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
HOUSING UNIT COMPLIANCE
As set forth by HSC Sections 34328 and 34328.1, housing authorities are required to:
•Show compliance with requirements of HSC Section 34312.3 such as the minimum
amount of housing units affordable to lower income households in projects assisted
by the Authority, and document established base rents and/or maximum rental
payments for these households; and
•Document any domestic violence tenancy or Section 8 voucher termination as
required by HSC Section 34328.1.
The following subsections provide a summary of the Authority’s progress toward the
requirements listed above.
Housing Affordability Requirement
The authority shall require the owners of housing projects assisted pursuant to this
section to accept as tenants, on the same basis as all other prospective tenants, in the
units reserved for very low income households, any very low income households who are
recipients of federal certificates for rent subsidies pursuant to the existing program under
Section 8 of the United States Housing Act of 1937 (42 U.S.C. Sec. 1437f), or its
successor. The authority shall not permit a selection criteria to be applied to Section 8
certificate holders that is any more burdensome than the criteria applied to all other
prospective tenants.
No resident in housing units assisted pursuant to this section shall be denied continued
occupancy or ownership because, after admission, the resident's family income increases
to exceed the eligibility level. However, the authority shall ensure that percentage
requirements of this section shall continue to be met by providing the next available unit
or units to persons of low income or by taking other actions to satisfy the percentage
requirements of this section.
Table 2 provides a summary of the Authority assumed enforcement responsibility for
affordability covenants within privately-owned, former redevelopment-agency properties
and shows how the current affordability mix of the Authority’s assisted projects meet
established requirements within HSC Section 34312.3.
The Authority has 391 silent second trust deed loans, and 1 residential rehabilitation loan,
all of which provide affordability covenants on these properties. Silent second trust deed
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
loans are not repaid unless there is a default on affordability covenants. Interest
assessed only if there is a default on affordability covenants. (Due to the length of this
list, it is attached as Table 5 of this report.)
Base & Maximum Rents
The Housing Authority monitors to ensure compliance of rental payments charged for its
housing units and will make necessary adjustments to bring any rental payments that
exceed the listed amounts in Table 3 into compliance.
Table 3
Domestic Violence
State law requires that a housing authority annually disclose data related to domestic
violence incidents in units owned or operated by the housing authority. Specifically, the
data must include:
•Data on termination of tenancies and/or Section 8 vouchers of victims of domestic
violence in housing authority units.
•Summary of steps taken by the housing authority to address any termination of
tenancies and/or Section 8 vouchers of victims of domestic violence.
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
In Fiscal Year 2019-20, there were no terminations of tenancies or Section 8 vouchers of
victims of domestic violence in units owned or operated by the Authority.
AUTHORITY BUDGET Table 4 presents the Authority’s actual expenditures for FY 2019-
20 as well as the estimated budget to be requested for FY 2019-20.
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5 COUNTINUED
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5 COUNTINUED
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5 COUNTINUED
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5 COUNTINUED
City of La Quinta Housing Authority
Fiscal Year 2019-20 Annual Report
SINGLE FAMILY OWNERSHIP TABLE 5 COUNTINUED
City of La Quinta
HOUSING COMMISSION MEETING: June 9, 2021
STAFF REPORT
AGENDA TITLE: RECOMMEND THE HOUSING AUTHORITY RECEIVE AND FILE HOUSING
SUCCESSOR ANNUAL REPORT FOR FISCAL YEAR 19/20 REGARDING THE LOW- AND
MODERATE-INCOME HOUSING ASSET FUND PURSUANT TO CALIFORNIA HEALTH AND
SAFETY CODE SECTION 34176.1 (F) FOR THE LA QUINTA HOUSING AUTHORITY
RECOMMENDATION
Recommend the Housing Authority receive and file the La Quinta Housing Successor
Annual Report regarding the Low- and Moderate-Income Asset Fund pursuant to
California Health and Safety Code Section 34176.1 (f).
EXECUTIVE SUMMARY
•The Housing Successor Annual Report (Report) is part of a State requirement for
Housing Successors to Redevelopment Agencies.
•The Report provides the Housing Authority a comprehensive representation of
the City’s housing assets and activities.
•Once filed, the Report will be made available to the public on the City’s website
and filed with the City Clerk.
FISCAL IMPACT – None.
BACKGROUND/ANALYSIS
The Report must provide the Housing Successor’s Low- and Moderate-Income Housing
Asset Fund (LMIHAF) balance, deposits, expenditures, transfers, current projects,
acquisitions, obligations, income test, senior housing test, and excess surplus test.
The Report for 2019/20 reflects the following findings:
•A total of $2,151,596 was deposited into the LMIHAF; the majority of the
deposits originated from rental revenue generated by City-owned affordable
housing properties and a $107,695 loan repayment from Coral Mountain.
•A total of $965,830 was expended from LMIHAF for maintenance, monitoring,
administration expenses, and homeless prevention funding.
•A total of $58,898,897 in assets owned by the Housing Successor was reported,
assets consist of notes and loans, land, building and improvements and
accumulated depreciation.
•Senior Housing Test reflects that 26 percent of 1352 total Housing Successor
Assisted rental units are restricted to seniors.
•The Housing Successor reports no computed excess surplus; therefore, no plan
exists for eliminating the excess surplus.
CONSENT CALENDAR ITEM NO. 3
The Report will be submitted to the California Department of Housing and Community
Development to comply with California Health and Safety Code Section 34176.1(f).
ALTERNATIVES
As this is a receive and file action no alternatives are presented.
Prepared by: Doug Kinley III, Management Specialist
Approved by: Gilbert Villalpando, Assistant to City Manager
Attachment: 1. La Quinta Housing Successor Annual Report
HOUSING SUCCESSOR ANNUAL REPORT
June 9, 2021
LOW- AND MODERATE-INCOME HOUSING ASSET FUND
FOR FISCAL YEAR 2019-20
PURSUANT TO
CALIFORNIA HEALTH AND SAFETY CODE SECTION
34176.1(f)
FOR THE
LA QUINTA HOUSING AUTHORITY
ATTACHMENT 1
HOUSING SUCCESSOR ANNUAL REPORT TABLE OF
CONTENTS
INTRODUCTION ........................................................................ 1
AMOUNT DEPOSITED INTO LMIHAF .......................................... 1
ENDING BALANCE OF LMIHAF .................................................. 1
DESCRIPTION OF EXPENDITURES FROM LMIHAF ..................... 2
TABLE 1: DESCRIPTION OF LMIHAF EXPENDITURES ........................ 2
STATUTORY VALUE OF ASSETS OWNED BY HOUSING
SUCCESSOR .............................................................................. 2
TABLE 2: STATUTORY VALUE OF ASSETS OWNED BY HOUSING
SUCCESSOR ............................................................................... 2
DESCRIPTION OF TRANSFERS .................................................. 2
PROJECT DESCRIPTIONS .......................................................... 2
TABLE 3: PROJECT DESCRIPTIONS ................................................ 3
STATUS OF COMPLIANCE WITH SECTION 33334.16 ................. 3
TABLE 4: SECTION 33334.16 COMPLIANCE .................................... 3
INCOME TEST ........................................................................... 5
TABLE 5: INCOME TEST - $ SPENT ON DEVELOPMENT ..................... 6
SENIOR HOUSING TEST ............................................................ 6
TABLE 6: SENIOR HOUSING TEST ................................................. 6
EXCESS SURPLUS TEST ............................................................. 6
TABLE 7: EXCESS SURPLUS TEST .................................................. 6
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 1
INTRODUCTION
This Housing Successor Annual Report (“Report”) addresses the requirements
of California Health and Safety Code Section 34176.1(f) regarding the Low-
and Moderate-Income Housing Asset Fund (“LMIHAF”). This Report outlines
the financial and housing covenant details of the La Quinta Housing Authority
(“Housing Successor”) for 2019-20 (the “Fiscal Year”). The purpose of this
Report is to provide the governing body of the Housing Successor an annual
report on the housing assets and activities of the Housing Successor under
Part 1.85, Division 24 of the California Health and Safety Code, in particular
sections 34176 and 34176.1 (“Dissolution Law”).
This report includes discussion on the deposits to, ending balance of, and
expenditures from the LMIHAF. A description of the Housing Successor’s
assets, and any transfers of assets to other housing successor agencies are
addressed as well. The report also discusses the Housing Successor’s current
projects, acquisitions of any real property since February 1, 2012, or any
outstanding obligations. Finally, as required by law, three separate test are
discussed – the income test, senior housing test, and excess surplus test.
This Report is to be provided to the Housing Successor’s governing body by
December 31, 2020 (six months after the end of the Fiscal Year. In addition,
this Report and the former redevelopment agency’s pre-dissolution
Implementation Plans are to be made available to the public on the City’s
website. http: www.laquintaca.gov)
AMOUNT DEPOSITED INTO LMIHAF
This section provides the total amount of funds deposited into the LMIHAF
during the Fiscal Year. Any amounts deposited for items listed on the
Recognized Obligation Payment Schedule (“ROPS”) must be distinguished from
the other amounts deposited.
A total of $2,151,596 was deposited into the LMIHAF during the Fiscal Year. Of
the total funds deposited into the LMIHAF, a total of $0 was held for items
listed on the ROPS. These deposits originated from rental revenues generated
at City-owned affordable housing properties and a $107,695 loan repayment
from Coral Mountain.
ENDING BALANCE OF LMIHAF
This section provides a statement of the balance in the LMIHAF as of the close
of the Fiscal Year. Any amounts deposited for items listed on the ROPS must
be distinguished from the other amounts deposited.
At the close of the Fiscal Year, the ending fund balance (inclusive of notes
receivables) in the LMIHAF was $22,818,595, of which $0 is held for items
listed on the ROPS.
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 2
DESCRIPTION OF EXPENDITURES FROM LMIHAF
This section provides a description of the expenditures made from the LMIHAF
during the Fiscal Year. The expenditures are to be categorized. There was a
total of $965,830 expended from the LMIHAF, divided into the following
categories:
TABLE 1: DESCRIPTION OF LMIHAF EXPENDITURES
Description of Expenditures Total
Expenditures
Maintenance, Monitoring and Administration Expenditures $615,051
Homeless Prevention and Rapid Rehousing Services
Expenditures
$350,779
Housing Development Expenditures (Total of Next Three
Lines)
$0.00
Expenditures on Low Income Units $0.00
Expenditures on Very Low-Income Units $0.00
Expenditures on Extremely Low-Income Units $0.00
Total LMIHAF Expenditures in Fiscal Year $965,830
STATUTORY VALUE OF ASSETS OWNED BY HOUSING
SUCCESSOR
This section provides the statutory value of real property owned by the Housing
Successor, the value of loans and grants receivables, and the sum of these
two amounts.
TABLE 2: STATUTORY VALUE OF ASSETS OWNED BY HOUSING SUCCESSOR
Asset Type Statutory Value of
Assets
Notes and Loans $33,674,454
Land $24,989,279
Building and Improvements $742,453
Less Accumulated Depreciation $507,289
Total Assets $58,898,897
DESCRIPTION OF TRANSFERS
The Housing Successor did not make any transfers in the Fiscal Year.
PROJECT DESCRIPTIONS
This section describes any project for which the Housing Successor receives or
holds property tax revenue pursuant to the ROPS and the status of that
project. The following is a description of project(s) for which the Housing
Successor receives or holds property tax revenue pursuant to the ROPS as well
as the status of the project(s):
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 3
TABLE 3: PROJECT DESCRIPTIONS
Project Name Status
Dune Palms Mobile Home Park Due Diligence – June 2020
Dune Palms Mobile Home Park
Dune Palms Mobile Home Park (DPMHP) will be entering into contract with the
owners that may result in the City’s acquisition of the property. If the City does
acquire the mobile home park and amenities, the City plans, currently, to
continue the use as a mobile home park to preserve and perhaps improve the
housing stock in the city. It is anticipated that a combination of housing funds,
bond proceeds, and tax credit financing will be used to pay for the acquisition
of DPMHP, and any resulting improvements requiring design, architectural,
engineering, and project management services in addition to vertical
construction and rehabilitation.
STATUS OF COMPLIANCE WITH SECTION 33334.16
This section provides a status update on compliance with Section 33334.16 for
interests in real property acquired by the former redevelopment agency prior
to February 1, 2012. For interests in real property acquired on or after
February 1, 2012, provide a status update on the project.
Section 34176.1 provides that Section 33334.16 does not apply to interests in
real property acquired by the Housing Successor on or after February 1, 2012;
however, this Report presents a status update on the project related to such
real property.
With respect to interests in real property acquired by the former
redevelopment agency prior to February 1, 2012, the time period described in
Section 33334.16 shall be deemed to have commenced on the date that the
Department of Finance approved the property as a housing asset in the
LMIHAF; thus, as to real property acquired by the former redevelopment
agency now held by the Housing Successor in the LMIHAF, the Housing
Successor must initiate activities consistent with the development of the real
property for the purpose for which it was acquired within five years of the date
of the DOF approved such property as a housing asset.
The following provides a status update on the real property or properties
housing asset(s) that were acquired prior to February 1, 2012 and compliance
with five-year period:
TABLE 4: SECTION 33334.16 COMPLIANCE
Address of
Property
Date of
Acquisition
Deadline to
Initiate
Development
Activity
Status of Housing
Successor Activity
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 4
Dune Palms Road
and Westward Ho
Drive
(APN 600-030-
009)
6/13/2006 6/13/2016
Deadline met- City has
initiated site programming
and developed conceptual
plans
Dune Palms Road
and Westward Ho
Drive
(APN 600-030-
003)
1/17/2007 1/17/2017
Deadline met- City has
initiated site programming
and developed conceptual
plans
Dune Palms Road
and Westward Ho
Drive
(APN 600-030-
008)
4/27/2007 4/27/2017
Deadline met- City has
initiated site programming
and developed conceptual
plans
Avenida Mendoza
and Avenida
Montezuma
(APN 773-077-
014)
11/30/2007 11/30/2017
Deadline met- City has
initiated site programming
and developed conceptual
plans
Dune Palms Road
and Westward Ho
Drive
(APN 600-030-
002)
6/12/2009 6/12/2019
Deadline met- City has
initiated site programming
and developed conceptual
plans
Dune Palms Road
and Westward Ho
Drive
(APN 600-030-
005)
1/26/2010 1/26/2020
Deadline met- City has
initiated site programming
and developed conceptual
plans
Calle Tamazula
south of Avenida
La Fonda
(APN 770-174-
002)
10/31/1990 08/31/2022
Deadline met – Sold to
private party in 12/2019,
will remain in listing until
next year’s Report.
Deposited proceeds into the
Low- and Moderate-Income
Housing Fund.
Avenida Navarro
between Calle
Durango/Calle
Sonora
(APN 773-234-
015)
02/01/1993 08/31/2022
Deadline met – Sold to
private party in 03/2019,
will remain in listing until
next year’s Report.
Deposited proceeds into the
Low- and Moderate-Income
Housing Fund.
Avenida Herrera
and Calle Sonora
(APN 773-223-
022)
03/03/2011 08/31/2022
City to market vacant
property and place
proceeds of sale into the
Low- and Moderate-Income
Housing Fund.
Avenida Villa
between Calle
Durango/Calle
Sonora
03/03/2011 08/31/2022
City to market vacant
property and place
proceeds of sale into the
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 5
(APN 733-234-
015)
Low- and Moderate-Income
Housing Fund.
Health and Safety Code Section 33334.16 required former redevelopment
agencies to initiate activities, such as zone changes or disposition and
development agreements within five years of acquiring a property. Pursuant
to Health and Safety Code Section 33334.16, the legislative body is authorized
to extend the deadline to initiate activities by an additional five years upon
affirming the intention to develop housing affordable to households of low and
moderate income. In 2011, the Housing Authority extended development of
the abovementioned properties by adopting Resolution 2011-070. In 2017, the
Housing Authority approved a second resolution (Resolution 2017-005)
extending the period during which it may retain property for an additional five
(5) years.
The following provides a status update on the project(s) for property or
properties that have been acquired by the Housing Successor using LMIHAF on
or after February 1, 2012. The Housing Successor did not acquire property on
or after February 1, 2012.
DESCRIPTION OF OUTSTANDING OBLIGATIONS UNDER SECTION 33413.This section
describes the outstanding inclusionary housing obligations, if any, under
Section 33413 that remained outstanding prior to dissolution of the former
redevelopment agency as of February 1, 2012 along with the Housing
Successor’s progress in meeting those prior obligations, if any, of the former
redevelopment agency and how the Housing Successor plans to meet unmet
obligations, if any. The housing successor does not have any obligations to
fulfill under Section 33413.
INCOME TEST
This section provides the information required by Section 34176.1(a)(3)(B), or
a description of expenditures by income restriction for a five-year period, with
the time period beginning on July 1, 2015 and whether the statutory thresholds
have been met.
The Housing Successor has not historically tracked expenditures on extremely
low-income households. Expenditures in the previous Fiscal Year can be
distributed based on known household incomes (refer to Table 1 for the
distribution of expenditures by household income level for the Fiscal Year).
This fiscal year 19/20, the Housing Successor is tracking expenditures by
income level such that the Housing Authority can report on expenditures by
household income over a five-year period, as shown in Table 5. The recorded
development spent can be tracked to the Washington Street Apartments
project, having been completed in November 2019 officially. A relocation
benefit expense of $1,939 is recorded for this fiscal year and can be attributed
toward being spent on Extremely Low-Income development.
LA QUINTA HOUSING AUTHORITY 2019-20 ANNUAL HOUSING SUCCESSOR REPORT
Page 6
TABLE 5: INCOME TEST - $ SPENT ON DEVELOPMENT
Category of Income $ Spent
LMIHAF Spent on Extremely Low-Income Households $ 1,716,225 Spent
on ELI (A)
Total LMIHAF (Five Year Total - FY 15/16 through 19/20) $10,000,000 Total
LMIHAF (B)
Extremely Low-Income Test (A)/(B) 17%
SENIOR HOUSING TEST
This section provides the percentage of units of deed-restricted rental housing
restricted to seniors and assisted individually or jointly by the Housing
Successor, its former Redevelopment Agency, and its host jurisdiction within
the previous 10 years in relation to the aggregate number of units of deed-
restricted rental housing assisted individually or jointly by the Housing
Successor, its former Redevelopment Agency and its host jurisdiction within
the same time period. For this Report the ten-year period reviewed is 2008 to
2018.
TABLE 6: SENIOR HOUSING TEST
Unit Category # of Units
Assisted Senior Rental Units 348
Total Assisted Rental Units 1,352
Senior Housing Test (%) 26%
EXCESS SURPLUS TEST
The Housing Successor does not presently retain a computed excess surplus
pursuant to Health and Safety Code Section 34176.1. For the purpose of this
section of the Report, pursuant to Section 34176.1(d), “’excess surplus’ shall
mean an unencumbered amount in the account that exceeds the greater of
one million dollars ($1,000,000) or the aggregate amount deposited into the
account during the housing successor’s preceding four fiscal years, whichever
is greater.” If the Unencumbered Amount (See Table 6) does not exceed the
greater of the aggregate amount deposited into the LMIHAF during the
preceding four fiscal years or $1,000,000, whichever is greater, there is no
excess surplus. The Housing Successor computed excess surplus is noted
below in table 6.
TABLE 7: EXCESS SURPLUS TEST
FY 2019-20
Unencumbered Amount (Available Housing Successor
Funds)
$12,069,276
Aggregate Deposited for Last Four Years $8,003,845
Greater of Aggregate Deposited for Last Four Years or
$1,000,000
$8,003,845
Computed Excess Surplus None
City of La Quinta
HOUSING COMMISSION MEETING: June 9, 2021
STAFF REPORT
AGENDA TITLE: DISCUSS AND APPROVE THE FISCAL YEAR 2021/22
PROPOSED HOUSING AUTHORITY BUDGET
RECOMMENDATION
Approve the fiscal year 2021/22 Housing Authority Budget and recommend
approval by the Housing Authority.
EXECUTIVE SUMMARY
•The proposed 2021/22 Housing Authority Budget was presented to the
Commission for review on May 5, 2021, and to the Housing Authority on
June 1, 2021.
•The proposed budget has a deficit of $44,078.
•Final budget adoption is scheduled for June 15, 2021.
FISCAL IMPACT
The preliminary Housing Authority budget projects revenues of $1,768,122
(inclusive of the annual loan repayment of $660,722) and expenditures of
$1,812,200.
BACKGROUND/ANALYSIS
Staff provided an overview of the proposed budget to the Commission on May
5, 2021 and subsequently to the Housing Authority on June 1, 2021. There
were no further recommendations for adjustments at either meeting. The intent
of this meeting is to provide further details on the budget and obtain approval
from the Commission prior to final adoption by the Housing Authority.
Each Housing Fund section contains notes to explain changes from 2019/20
actuals, changes in 2020/21, and projections for 2021/22. The budget format is
similar to the prior fiscal year and includes a fund balance summary and year to
year comparison summary chart.
Attachment 1 provides a narrative of Housing Authority revenue and expenses
including the Redevelopment Agency loan repayment to the Authority. Line
item details for these revenues and expenses are located in Exhibit A of the
BUSINESS SESSION ITEM NO. 1
Attachment.
ALTERNATIVES
The Commission may recommend further adjustments to the budget. Per State
law, the Authority must adopt a budget by June 30.
Prepared by: Claudia Martinez, Interim Agency Finance Director
Approved by: Gilbert Villalpando, Assistant City Manager
Attachment: 1. Fiscal Year 2021/22 Proposed Budget
HOUSING AUTHORITY
2021/22 PROPOSED BUDGET
The summary is designed to provide an overview of the Housing Authority Funds. Line
item details for revenues and expenses are located in Exhibit A of the Attachment. A
preliminary review of the proposed budget was provided to the Housing Commission on
May 5, 2021, and to the Housing Authority on June 1, 2021. The budget is scheduled
for adoption on June 15, 2021.
The 2021/22 Authority budget has three active funds restricted to housing operations.
Estimated Fund Balance, revenues, and expenditures for each fund are summarized
below, no further recommendations for adjustments were made at prior study sessions:
REVENUES
When all funds are combined, there is a 48% decrease in revenues from the current
2020/21 current budget to the proposed 2021/22 budget which is due to the one-time
land purchase by the City on Dune Palms and second trust deed repayments lowered
due to unpredictable home sales. In addition, allocated interest has been decreased
slightly due to current capital market conditions. Another significant update from prior
fiscal year is the addition of rent revenue for Dune Palms Mobile Estates which accounts
for a full year associated with the 102 units owned by the Authority.
EXPENSES
The operating Housing Authority Fund (241) has an overall estimated increase of
21% which is attributed to salary and benefit negotiations, internal service charges, and
operational expenses and anticipated building and site improvements for Dune Palms
Mobile Estates.
For RDA Low-Mod Housing Fund (243) The proposed budget for 2021/22
homelessness programs is $250,000, which is a slight decrease from prior year.
The SA 2011 Low/Mod Bond (249) is anticipated to have a balance of $11.1 million
at June 30, 2021 and a $20,000 budget for 2021/22 provides for the ability to evaluate
future affordable housing projects and programs. The decrease in expenses is in large
part due to the purchase of the Dune Palms Mobile Estates in FY 20/21.
FUND
#FUND NAME
ESTIMATED
AVAILABLE
FUND
BALANCE
July 1, 2021
ESTIMATED
REVENUES
ESTIMATED
EXPENDITURES
ESTIMATED
ENDING FUND
BALANCE
June 30, 2022
241 HOUSING AUTHORITY FUND 11,800,000 871,400 1,542,200 11,129,200
243*RDA LOW-MOD HOUSING FUND 3,000,000 695,722 250,000 3,445,722
249 SA 2011 LOW/MOD BOND 11,195,000 201,000 20,000 11,376,000
25,995,000 1,768,122 1,812,200 25,950,922
CITY OF LA QUINTA ESTIMATED ENDING FUND BALANCES
FISCAL YEAR ENDING JUNE 30, 2022
GRAND TOTAL
ATTACHMENT 1
2021 22CITY OF
LA QUINTA
HOUSING AUTHORITY
PROPOSED BUDGET
EXHIBIT A
THIS PAGE INTENTIONALLY LEFT BLANK
FUND
#FUND NAME
ESTIMATED
AVAILABLE
FUND BALANCE
July 1, 2021
ESTIMATED
REVENUES
ESTIMATED
EXPENDITURES
ESTIMATED
ENDING FUND
BALANCE
June 30, 2022
241 HOUSING AUTHORITY FUND 11,800,000 871,400 1,542,200 11,129,200
243*RDA LOW-MOD HOUSING FUND 3,000,000 695,722 250,000 3,445,722
249 SA 2011 LOW/MOD BOND 11,195,000 201,000 20,000 11,376,000
25,995,000 1,768,122 1,812,200 25,950,922
CITY OF LA QUINTA ESTIMATED ENDING FUND BALANCES
FISCAL YEAR ENDING JUNE 30, 2022
GRAND TOTAL
* General Fund and RDA Low-Mod Housing Fund estimates are for unappropriated reserves and included annual
Successor Agency loan repayments as approved with the last and final recognized obligation payment schedule. The
repayment for FY 2020/21 is $660,722.
CITY OF LA QUINTA HOUSING AUTHORITY FY 2021/22 PROPOSED BUDGET
As of 4/29/2021
Housing Fund Revenues 2020/21 Original 2020/21 Current
Variance
Original vs.
Current
2021/22 Proposed
Variance
Current vs.
Proposed
% Change
241 - Housing Authority 513,300 1,901,756 1,388,456 871,400 (1,030,356)-54%
243 - RDA Low-Mod Housing 35,000 35,000 - 35,000 - 0%
249 - SA 2011 Low/Mod Bond 200,000 201,000 1,000 201,000 - 0%
Total Revenues 748,300 2,137,756 1,389,456 1,107,400 (1,030,356) -48%
RDA Loan Repayment 647,767 647,767 - 660,722 12,955
Total Operating Revenues 1,396,067 2,785,523 1,389,456 1,768,122 (1,017,401)
Housing Fund Expenditures 2020/21 Original 2020/21 Current
Variance
Original vs.
Current
2021/22 Proposed
Variance
Current vs.
Proposed
% Change
241 - Housing Authority 822,300 1,270,062 272,138 1,542,200 272,138 21%
243 - RDA Low-Mod Housing 250,000 300,000 (50,000) 250,000 (50,000) -17%
249 - SA 2011 Low/Mod Bond 6,185,000 6,185,000 (6,165,000) 20,000 (6,165,000) -100%
Total Expenditures 7,257,300 7,755,062 (5,942,862) 1,812,200 (5,942,862) -77%
Budget Surplus/(Deficit)(5,861,233) (4,969,539) (44,078)
HOUSING AUTHORITY 2021/22 BUDGET SUMMARY
CITY OF LA QUINTA HOUSING AUTHORITY FY 2021/22 PROPOSED BUDGET
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
241 - HOUSING AUTHORITY
9101 - Housing Authority - Admin
340 - Charges for Services
1 0 0 0 0 0 0 %241-9101-42301 Miscellaneous Revenue
340 - Charges for Services Totals:1 0 0 0 0 0 0 %
360 - Use of Money & Property
190,627 200,000 170,000 25,735 160,000 (10,000)-6 %241-9101-41900 Allocated Interest
239,559 0 0 0 0 0 0 %241-9101-41910 GASB 31 Interest
131,261 300 300 74 400 100 33 %241-9101-41915 Non-Allocated Interest
107,695 0 0 0 0 0 0 %241-9101-42706 Loan Repayments
58,789 0 0 0 0 0 0 %241-9101-43500 Home Sale Proceeds
60,000 25,000 196,000 278,024 50,000 (146,000)-74 %241-9101-43504 2nd Trust Deed Repayments
0 0 1,061,456 1,061,456 0 (1,061,456)-100 %241-9101-45000 Sale of Other Assets
360 - Use of Money & Property Totals:787,930 225,300 1,427,756 1,365,289 210,400 (1,217,356)
-85 %
390 - Other Financing Sources
386,692 0 0 0 0 0 0 %241-9101-49500 Transfers In
390 - Other Financing Sources Totals:386,692 0 0 0 0 0 0 %
9101 - Housing Authority - Admin Totals:1,174,624 225,300 1,427,756 1,365,289 210,400 (1,217,356)
-85 %
9102 - Housing Authority - Wash St Apts
340 - Charges for Services
0 0 0 1,820 0 0 0 %241-9102-42305 Miscellaneous Reimbursements
340 - Charges for Services Totals:0 0 0 1,820 0 0 0 %
9102 - Housing Authority - Wash St Apts Totals:0 0 0 1,820 0 0 0 %
9103 - Housing Authority - LQRP
360 - Use of Money & Property
299,692 288,000 288,000 219,293 290,000 2,000 1 %241-9103-43502 Rent Revenue/LQRP
360 - Use of Money & Property Totals:299,692 288,000 288,000 219,293 290,000 2,000 1 %
9103 - Housing Authority - LQRP Totals:299,692 288,000 288,000 219,293 290,000 2,000 1 %
9104 - Dune Palms Mobile Estates
360 - Use of Money & Property
0 0 186,000 0 370,000 184,000 99 %241-9104-42112 Rent Revenue/Tenant/Dune Palms
0 0 0 0 1,000 1,000 0 %241-9104-42302 Miscellaneous Revenue/Dune Palms
360 - Use of Money & Property Totals:0 0 186,000 0 371,000 185,000 99 %
9104 - Dune Palms Mobile Estates Totals:0 0 186,000 0 371,000 185,000 99 %
241 - HOUSING AUTHORITY Totals:1,474,316 513,300 1,901,756 1,586,402 871,400 (1,030,356)
-54 %
243 - RDA LOW-MOD HOUSING FUND
0000 - Undesignated
360 - Use of Money & Property
1 0 0 0 0 0
1 0 0 0 0 0
190,627 200,000 170,000 25,735 160,000 (10,000)
239,559 0 0 0 0 0
131,261 300 300 74 400 100
107,695 0 0 0 0 0
58,789 0 0 0 0 0
60,000 25,000 196,000 278,024 50,000 (146,000)
0 0 1,061,456 1,061,456 0 (1,061,456)
787,930 225,300 1,427,756 1,365,289 210,400 (1,217,356)
386,692 0 0 0 0 0
386,692 0 0 0 0 0
1,174,624 225,300 1,427,756 1,365,289 210,400 (1,217,356)
0 0 0 1,820 0 0
0 0 0 1,820 0 0
0 0 0 1,820 0 0
299,692 288,000 288,000 219,293 290,000 2,000
299,692 288,000 288,000 219,293 290,000 2,000
299,692 288,000 288,000 219,293 290,000 2,000
0 0 186,000 0 370,000 184,000
0 0 0 0 1,000 1,000
0 0 186,000 0 371,000 185,000
0 0 186,000 0 371,000 185,000
1,474,316 513,300 1,901,756 1,586,402 871,400 (1,030,356)
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY REVENUE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
40,939 35,000 35,000 4,640 35,000 0 0 %243-0000-41900 Allocated Interest
54,515 0 0 0 0 0 0 %243-0000-41910 GASB 31 Interest
360 - Use of Money & Property Totals:95,454 35,000 35,000 4,640 35,000 0 0 %
370 - Miscellaneous
173,558 0 0 0 0 0 0 %243-0000-48500 Extraordinary Gain
370 - Miscellaneous Totals:173,558 0 0 0 0 0 0 %
0000 - Undesignated Totals:269,013 35,000 35,000 4,640 35,000 0 0 %
243 - RDA LOW-MOD HOUSING FUND Totals:269,013 35,000 35,000 4,640 35,000 0 0 %
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)
0000 - Undesignated
360 - Use of Money & Property
8,054 0 1,000 (327)1,000 0 0 %249-0000-41900 Allocated Interest
82,284 0 0 0 0 0 0 %249-0000-41910 GASB 31 Interest
313,604 200,000 200,000 70,653 200,000 0 0 %249-0000-41915 Non-Allocated Interest
360 - Use of Money & Property Totals:403,942 200,000 201,000 70,326 201,000 0 0 %
0000 - Undesignated Totals:403,942 200,000 201,000 70,326 201,000 0 0 %
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016) Totals:403,942 200,000 201,000 70,326 201,000 0 0 %
40,939 35,000 35,000 4,640 35,000 0
54,515 0 0 0 0 0
95,454 35,000 35,000 4,640 35,000 0
173,558 0 0 0 0 0
173,558 0 0 0 0 0
269,013 35,000 35,000 4,640 35,000 0
269,013 35,000 35,000 4,640 35,000 0
8,054 0 1,000 (327)1,000 0
82,284 0 0 0 0 0
313,604 200,000 200,000 70,653 200,000 0
403,942 200,000 201,000 70,326 201,000 0
403,942 200,000 201,000 70,326 201,000 0
403,942 200,000 201,000 70,326 201,000 0
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY REVENUE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
241 - HOUSING AUTHORITY
9101 - Housing Authority - Admin
50 - Salaries and Benefits
136,322 246,900 246,900 213,852 258,300 11,400 5 %241-9101-50101 Permanent Full Time
578 0 0 385 0 0 0 %241-9101-50105 Salaries - Overtime
900 3,000 3,000 350 1,800 (1,200)-40 %241-9101-50110 Commissions & Boards
193 400 400 156 200 (200)-50 %241-9101-50150 Other Compensation
11,131 16,800 16,800 16,872 23,400 6,600 39 %241-9101-50200 PERS-City Portion
261 0 0 4,208 0 0 0 %241-9101-50215 Other Fringe Benefits
24,158 57,500 57,500 34,266 58,600 1,100 2 %241-9101-50221 Medical Insurance
330 0 0 460 0 0 0 %241-9101-50222 Vision Insurance
1,259 0 0 1,848 0 0 0 %241-9101-50223 Dental Insurance
67 0 0 93 0 0 0 %241-9101-50224 Life Insurance
578 1,500 1,500 818 1,600 100 7 %241-9101-50225 Long Term Disability
3,400 5,700 5,700 4,275 5,900 200 4 %241-9101-50230 Workers Comp Insurance
2,002 3,600 3,600 3,143 3,800 200 6 %241-9101-50240 Social Security-Medicare
105 0 0 46 0 0 0 %241-9101-50241 Social Security-FICA
50 - Salaries and Benefits Totals:181,285 335,400 335,400 280,772 353,600 18,200 5 %
60 - Contract Services
78,218 100,000 142,700 66,522 60,000 (82,700)-58 %241-9101-60103 Professional Services
5,000 5,000 5,000 5,000 5,000 0 0 %241-9101-60106 Auditors
3,849 35,000 35,000 7,285 20,000 (15,000)-43 %241-9101-60153 Attorney
60 - Contract Services Totals:87,067 140,000 182,700 78,807 85,000 (97,700)-53 %
62 - Maintenance & Operations
1,211 500 500 209 1,000 500 100 %241-9101-60320 Travel & Training
2,470 2,000 2,000 1,513 2,000 0 0 %241-9101-60420 Operating Supplies
62 - Maintenance & Operations Totals:3,681 2,500 2,500 1,722 3,000 500 20 %
64 - Other Expenses
0 20,000 20,000 0 0 (20,000)-100 %241-9101-60480 Contributions
64 - Other Expenses Totals:0 20,000 20,000 0 0 (20,000)-100 %
69 - Internal Service Charges
6,000 8,000 8,000 6,000 8,100 100 1 %241-9101-91843 Property & Crime Insurance
14,000 14,000 14,000 10,500 16,100 2,100 15 %241-9101-91844 Earthquake Insurance
24,800 52,400 52,400 39,300 53,400 1,000 2 %241-9101-98110 Information Tech Charges
69 - Internal Service Charges Totals:44,800 74,400 74,400 55,800 77,600 3,200 4 %
99 - Transfers Out
0 0 278,062 278,062 0 (278,062)-100 %241-9101-99900 Transfers Out
99 - Transfers Out Totals:0 0 278,062 278,062 0 (278,062)-100 %
9101 - Housing Authority - Admin Totals:316,833 572,300 893,062 695,164 519,200 (373,862)-42 %
9103 - Housing Authority - LQRP
62 - Maintenance & Operations
298,218 250,000 250,000 98,657 250,000 0 0 %241-9103-60157 Rental Expenses
136,322 246,900 246,900 213,852 258,300 11,400
578 0 0 385 0 0
900 3,000 3,000 350 1,800 (1,200)
193 400 400 156 200 (200)
11,131 16,800 16,800 16,872 23,400 6,600
261 0 0 4,208 0 0
24,158 57,500 57,500 34,266 58,600 1,100
330 0 0 460 0 0
1,259 0 0 1,848 0 0
67 0 0 93 0 0
578 1,500 1,500 818 1,600 100
3,400 5,700 5,700 4,275 5,900 200
2,002 3,600 3,600 3,143 3,800 200
105 0 0 46 0 0
181,285 335,400 335,400 280,772 353,600 18,200
78,218 100,000 142,700 66,522 60,000 (82,700)
5,000 5,000 5,000 5,000 5,000 0
3,849 35,000 35,000 7,285 20,000 (15,000)
87,067 140,000 182,700 78,807 85,000 (97,700)
1,211 500 500 209 1,000 500
2,470 2,000 2,000 1,513 2,000 0
3,681 2,500 2,500 1,722 3,000 500
0 20,000 20,000 0 0 (20,000)
0 20,000 20,000 0 0 (20,000)
6,000 8,000 8,000 6,000 8,100 100
14,000 14,000 14,000 10,500 16,100 2,100
24,800 52,400 52,400 39,300 53,400 1,000
44,800 74,400 74,400 55,800 77,600 3,200
0 0 278,062 278,062 0 (278,062)
0 0 278,062 278,062 0 (278,062)
316,833 572,300 893,062 695,164 519,200 (373,862)
298,218 250,000 250,000 98,657 250,000 0
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
62 - Maintenance & Operations Totals:298,218 250,000 250,000 98,657 250,000 0 0 %
9103 - Housing Authority - LQRP Totals:298,218 250,000 250,000 98,657 250,000 0 0 %
9104 - Dune Palms Mobile Estates
60 - Contract Services
0 0 22,000 22,539 33,000 11,000 50 %241-9104-60103 Professional Services
0 0 105,000 31,983 240,000 135,000 129 %241-9104-60157 Rental Expense
60 - Contract Services Totals:0 0 127,000 54,522 273,000 146,000 115 %
68 - Capital Expenses
0 0 0 0 500,000 500,000 0 %241-9104-72110 Building/Site Improvements
68 - Capital Expenses Totals:0 0 0 0 500,000 500,000 0 %
9104 - Dune Palms Mobile Estates Totals:0 0 127,000 54,522 773,000 646,000 509 %
241 - HOUSING AUTHORITY Totals:615,051 822,300 1,270,062 848,342 1,542,200 272,138 21 %
298,218 250,000 250,000 98,657 250,000 0
298,218 250,000 250,000 98,657 250,000 0
0 0 22,000 22,539 33,000 11,000
0 0 105,000 31,983 240,000 135,000
0 0 127,000 54,522 273,000 146,000
0 0 0 0 500,000 500,000
0 0 0 0 500,000 500,000
0 0 127,000 54,522 773,000 646,000
615,051 822,300 1,270,062 848,342 1,542,200 272,138
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
Fund: 241 - HOUSING AUTHORITY
Permanent Full Time 258,300.00241-9101-50101
20% - City Manager (80% City Manager)
10% - Finance Director (90% Finance)
10% - City Clerk (90% City Clerk)
40% - Assistant to City Manager (60% City Manager)
60% - Management Analyst (40% Information Technology
Fund)
60% - Management Specialist (40% City Manager)
80% - Management Assistant (20% City Manager)
City Council Member Stipends (5)
Professional Services 60,000.00241-9101-60103
Housing compliance services
Travel & Training 1,000.00241-9101-60320
Rental Expenses 250,000.00241-9103-60157
Expenses are associated with 28 homes owned by the Authority
which are located in the La Quinta Cove
Professional Services 33,000.00241-9104-60103
Rental Expense 240,000.00241-9104-60157
Expenses are associated with 102 units owned by the Authority
which are located in North La Quinta
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE NOTES FY 2021/22 PROPOSED BUDGET
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
243 - RDA LOW-MOD HOUSING FUND
0000 - Undesignated
64 - Other Expenses
350,779 250,000 300,000 300,000 250,000 (50,000)-17 %243-0000-60532 Homelessness Assistance
64 - Other Expenses Totals:350,779 250,000 300,000 300,000 250,000 (50,000)-17 %
0000 - Undesignated Totals:350,779 250,000 300,000 300,000 250,000 (50,000)-17 %
243 - RDA LOW-MOD HOUSING FUND Totals:350,779 250,000 300,000 300,000 250,000 (50,000)-17 %
350,779 250,000 300,000 300,000 250,000 (50,000)
350,779 250,000 300,000 300,000 250,000 (50,000)
350,779 250,000 300,000 300,000 250,000 (50,000)
350,779 250,000 300,000 300,000 250,000 (50,000)
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
2019/20
Actuals
2020/21
Original Budget
2020/21
Current Budget
2020/21
YTD Activity*
2021/22
Proposed
21/22 vs.
Current 20/21
% Change in
Budget
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)
0000 - Undesignated
68 - Capital Expenses
0 6,125,000 6,125,000 6,116,796 0 (6,125,000)-100 %249-0000-74010 Land Acquisition
0 60,000 60,000 0 20,000 (40,000)-67 %249-0000-80050 Affordable Housing Project Development
68 - Capital Expenses Totals:0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
-100 %
0000 - Undesignated Totals:0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
-100 %
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016) Totals:0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
-100 %
0 6,125,000 6,125,000 6,116,796 0 (6,125,000)
0 60,000 60,000 0 20,000 (40,000)
0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
0 6,185,000 6,185,000 6,116,796 20,000 (6,165,000)
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE DETAIL FY 2021/22 PROPOSED BUDGET
* As of 4/29/2021
Fund: 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)
Affordable Housing Project De 20,000.00249-0000-80050
For the evaluation of future housing projects and programs
CITY OF LA QUINTA HOUSING AUTHORITY HOUSING AUTHORITY EXPENSE NOTES FY 2021/22 PROPOSED BUDGET
POWER POINTS
HOUSING
COMMISSION
REGULAR
MEETING
JUNE 9, 2021
Housing Commission
Regular Meeting
June 9, 2021
Housing Commission Meeting
June 9, 2021
B1 – Discuss Fiscal Year 2021/22
Preliminary Proposed Budget
FY 2021/22
Budget
Schedule
•January 16 – Community Workshop
•March 2 - CIP – City Council
•May 4 – City Council
•May 5 – Housing Commission
•May 12 – Financial Commission
•May 18 – City Council
•June 1 – City Council
•June 2 – Financial Commission
•June 9 – Housing Commission
•June 15 – City Council, Adoption
Revenue Projections
Fund 241 – Addition of Dune Palms Mobile Estates rent revenue
Fund 243 – Includes annual loan repayment $660,722
Fund 249 – No anticipated changes to revenue
Expense Projections
Fund 241 – Professional services, legal fees, upgrades and
repairs, insurances, information technology charges
Fund 243 – Homelessness funding
Fund 249 - Evaluate future affordable housing projects
Housing Fund Balances
Housing Commission Meeting
Next Regular Meeting Date
September 8, 2021