FY 2006-2007 - HCD Annual Report of Housing Activity for RDACALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT
REDEVELOPMENT AGENCY ANNUAL HOUSING ACTIVITY REPORT
FY ENDING: 61�[ 7_
Agency Name and Address:
La Quinta Redevelopment Agency
78-495 Calle Tampico
La Quinta, CA 92247
County of Jurisdiction:
Riverside
Health & Safety Code Section 33080.1 requires agencies (RDAs) to annually report on their L.ow & Moderate Income housing Fund and
housing activities for the Department of Housing and Community Development (HCD) to report on RDAs' activities in accordance with
Section 33080.6.
Please answer each question below. Your answers determine how to complete the HCD report.
1. Check one of the items below to identify the Agency's status at the end of the reporting period:
❑ New (Agency formation occurred during reportingyear. No financial transactions were completed).
® Active (Financial and/or housing transactions occurred during the reporting year)
❑ Inactive (No financial and/or housing transactions occurred dttrirtg the reporting year). ONLY COMPLETE ITEM 7
❑ Dismantled (Agency adopted an ordinance and dissolved itself before start of reporting year). ONLY COMPLETE ITEM 7
2. During re ortin ear, how many adopted project area existed? 2 Of these, how many were merged during year? 0
If the agency has one or more adopted project areas, conal Tete SCHEDULE HCD-A for each RL ect area.
If the agency has no adopted ptoiect areas. DO NOT complete SCHEDULE HCD-A (refer to next question).
3. Within an area outside of any adopted project area(s): (a) did the agency destroy or remove any dwelling units or displace any
households over the reporting period, (b) does the agency intend to displace any households over the next reporting period, (c) did
the agency permit the sale of any owner -occupied unit prior to the expiration of land use controls over the reporting period, and/or
(d) did the agency execute a contract or agreement for the construction of any affordable units over the next two years?
❑ Yes (any question). Complete SCHEDULE HCD-B.
® No (all questions). DO NOT complete SCHEDULE HCD-B (refer to next question).
4. -Did the agency's Low & Moderate Income Housing Fund have any assets during the reporting period?
® Yes. Complete SCHEDULE HCD-C.
❑ No. DO NOT complete SCHEDULE HCD-C.
5. During the reporting period, were housing units completed within a project area and/or assisted by the agency outside a laroiect arca?
® Yes. Complete all applicable HCD SCHEDULES D1 -D7 for each housing,nraject complete rl and HCD SCHEDULE E.
❑ No. DO NOT complete HCD SCHEDULES D1 -D7 or HCD SCHEDULE E.
6. Specify whether method A and/or B was used to report financial and housing activity information to HCD:
® A. Forms. All required HCD SCHEDULES A. 13, C, D1 -D7, and E are attached.
❑ B. On-line (http://www.hcd.ca.gov/rdal) "Lock Report" date: HCD SCHEDULES not required.
(lock date is shown under Admin "Area and "Report Change History')
7. To the best of my knowledge: (a) the represent *ons r de above and Xg
enr�y information reported are correct.
!)� 7�-ISI'
Date ignature of Authori .-d Agency Representative
Finance Director
Title
_1760) 777-7150
Telephone Number
• IF NOT REQUIRED TO REPORT, SUBMIT ONLYA PAPER COPY OF THIS PAGE.
• IF REQUIRED TO REPORT, AND REPORTING BY USING PAPER FORMS (INPLACE OF REPORTING ON-LINE), SUBMIT
THIS PAGE AND ALL APPLICABLE HCD FORMS (SCHEDULES A-E) WITH A COPY OF AGENCY'S A UDIT.
• IF REPORTING ON-LINE, PRINT AND SUBMIT "CONFIRMATIONLETTER" UPONLOCKING REPORT
• MAIL A COPY OF (a) CONFIRMATION LETTER (IF HCD REPORT WAS ELECTRONICALLYFILED) OR (b) COMPLETED
FORMS AND (c) A UDIT REPORT TO BOTH HCD AND THE SCO;
Department of Housing & Community Development
Division of Housing Policy
Redevelopment Section
1800 3"' Street, Suite 430
Sacramento, CA 95814
Redevelopment Agency Annual Report - Fiscal Year 2005-2006
Cover (7/1//06)
The State Controller
Division of Accounting and Reporting
Local Government Reporting Section
3301 CStreet. Suite 500
Sacramento, CA 95816
HCD-Cover
Page 1 of l
SCHEDULE HCD-A
Inside Project Area Activity
for Fiscal Year that Ended 6 1 30) 2007
Agency Name: La Quinta, Redevelopment -Agency Project Area Name: _,Project Area No. 1
Preparer's Name, Title: Michael Benjamin, Associate Preparer's E -Mail Address: n1benfarninawebrsg.com
Preparer's Telephone No: 714 541-4585 ext.124 Preparer's Facsimile No: (714) 541-1175
GENERAL INFORMATION
1. Project Area Information
a. 1. Year 1" plan for project area was adopted: 1983
2. Year that plan was last amended (if applicable): 2003
3. Was plan amended after 2001 to extend tune limits per Senate Bill 211 (Chapter 741, Statutes of 2001)? Yes X No_
4. Current expiration of plan: 11 J 29 / 2023
mo day yr
b. If project area name has changed, give previous name(s)or number.-
c.
umber:
c. Year(s) of any mergers of the project area:
Identify former project areas that merged:_,_
d. Year(s) project area plan was amended involving real property that either:
(1) Added property to plan:
(2) Removed property from plan:
2. Affordable Housing Rep tacement and/or Inclusionary or Production Requirements (Section 33413).
Pre -1976 protect areas not subsequently amended_ after 1975: Pursuant to Section 33413(d), only Section 33413(a) replacement
requirements apply to dwelling units destroyed or removed after 1995. The Agency can choose to apply all or part of Section
33413 to a project area plan adopted before 1976. If the agency has elected to apply all or part of Section 33413, provide the date
of the resolution and the applicable Section 33413 requirements addressed in the scope of the resolution.
Date: / / Resolution Scope (applicable Section 33413 requirements
mo day yr
Post-[ 975 project areas and ggogsaphic areas added by amendment after I975 to pre -1976 project areas: Both replacement and
inclusionary or production requirements of Section 33413 apply.
NOTE:
Amounts to report on HCD-A lines 3a(1), 3b -3f, and 3i. can be taken from what is reported to the State Controller's
Office (SCO) on the Statement of Income and Expenditures as part of the Redevelopment Agency's Financial
Transactions Report, except for the reclassifying of Transfers -In from Internal Funds and the reporting of Other
Sources as discussed below:
Transfers -In from other internal funds: Report the amount of transferred funds on applicable HCD-A,
lines 3a -j. For example, report the amount transferred from the Debt Service Fund to the Housing Fund
for the deposit of the required set-aside percentage/amount by reporting gross tax increment on HCD-A,
Line 3a(1) and report the Housing Fund's share of expenditures for debt service on HCD-C, Line 4c. Do
not report "net" funds transferred from the Debt Service Fund on HCD-A, Line 3a(3) when reporting debt
sersrice expenditures on HCD-C, Line 4c.
Other Sources: Non -GAAP (Generally Acceptable Accounting Principles) revenues such as from land sales for
those agencies using the Land Held for Resale method to record land sales should be reported on HCD-A Line
3 d. Housing fund receipts for the repayment of loan principal should be included on HCD-A Line 3h.
California Redevelopment Agencies — Fiscal Ycar 2005-2006 HCD-A
Sch A (7/1/06) Page 1 of 6
Agency Name: _ La Quinta Redevelopment Agency Project Area Name: Project Area No.l
PromeetArea Housing Fund Revenues and Other Sources
3. Report all revenues and other sources of funds from this project area which accrued to the Housing Fund over the reporting
year. Any income related to agency-assisted housing located outside the project area(s) should be reported as "Other
Revenue" on Line 3j. (of this Schedule A), if titin Project area is named as bgnLficiaiy in the authorizing resolution. Any
other revenue sources not reported on lines 3a.-3i., should also be reported on Line 3j.
Enter on Line 3a(1) the full 100% of gross Tax Increment allocated prior to applicable pass through of funds and deductions
for fees (refer to Sections 33401, 33446, & 33676). Compute the required minimum percentage (%) of gross Tax Increment
and enter the amount on Line 3a(2)(A) or 3a(2)(B). Next, report the amount of Tax Increment set-aside before any
exemption and/or deferral if amount set-aside_is less than eMuired minimum fYG) explain the difference). If any amount of
Tax Increment was exempted or deferred, in addition to co Ietin line 3a(4) and/or 3a(5), corn lete Line 4 and/or Linc 5.
To determine the amount of Tax Increment deposited to the Housing Fund [Line 3a(6)], subtract allowable amounts
exempted [Line 3a(4)] or deferred [Line 3a(5)] from the actual amount allocated to the Housing Fund [Line 3a(3)].
a. Tax Increment:
(1) 100% of Grass Allocation: $ _52,536,879
mm
(2) Calculate only 1 set-aside amount: either A or B below:
(A) 20% required by 33334.2 (Line 3a(1) x 20%): $.,_10,507.376
(B) 30% required by 33333.10(g) (Line 3a(1) x 30%): $
(Senate Bill 211, Chapter 741, Statutes of 2001)
(3) Amount of set-aside (Line 3a(2)) allocated to Housing Fund $ _10,507,376 _*
* If, pursuant to Section 33334.3(1), less than the tminimutn % of Gross Tax
Increment (see 3a(2) above) is being allocated from this project area, identify
the project area(s) contributing the difference. Explain any other reason(s):
(4) Amount Exempted [Health & Safety Code Section 33334.2]
(if there is an amount exempted, also complete question #4, next page):
(5) Amount Deferred [Health & Safety Code Section 33334.6]
(if there is an amount deferred, also complete question #5, next page):
(6) Total deposit to the Housing Fund [result of Line 3a(3) through 3a(5)]:
b. Interest Income:
c. Rental/Lease Income (combine amounts separately reported to the SCO):
d. Sale of Real Estate:
e. Grants (combine amounts separately reported to the SCO):
f Bond Administrative Fees:
g. Deferral Repayments (also complete Line 5c(2) on the next page):
h. Loan Repayments:
i. Debt Proceeds:
j, Other Revenue(s) [Explain and identify amount(s)]:
Loan Repayments
Refund of proceeds from home sale
Transfer in from Debt Service Fund
($ )
($ 1
$ 862,612
$ 125,000
$ 100,000
k. Total Project Area Receipts Deposited to Housing Fund (add lines 3a(6). through 3j.):
$ 10.507.376
$ _2,310,307
$ 234,328
$ 124,097
$ 1,087,612
$ 14,263,720
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
Sch A (7/1/06)
Page 2 of 6
Agency Name: La Ouinta Redevelopment Agency Project Area Name: Project Area No.1
)~xemptiatr(s)
4. a. If an exemption was claimed on Page 2, Line 3a(4) to deposit less than the required amount, complete the following information
Check only one of the Health and Safety Code Sections below providing a basis for the exemption:
❑ Section 33334.2(a)(1): No need in community to increase/improve supply of lower or moderate income housing.
❑ Section 33334.2(a)(2): Less than the minimum set-aside % (20% or 30%) is sufficient to meet the need.
❑ Section 33334.2(a)(3): Community is making substantial effort equivalent in value to minimum set-aside % (20% or 30%)
and has specific contractual obligations incurred before May 1, 1991 requiring continued use of this fitnding.
Note: Pursuant to Section 33334.2(a)(3)(C), this exemption expired on June 30, 1993 but
contracts entered into prior to May 1, 1991 may not be subject to the exemption sunset.
❑ Other: Specify code section and reason(s):
b. For any exemption claimed on Page 2, Line 3a(4) and/or Line 4a above, identify:
Date that initial l" findin was adopted: // Resolution # Date sent to HCD: ! /
mo day yr mo day yr
Adoption date of re2ortingyear finding: / / Resolution # Date sent to HCD: / /
mo day yr mo day yr
Deferral(s)
5. a. Specify the authority for deferring any set-aside on Line 3a(5). Checkvnly on Health and Safety Code Section boxes:
❑ Section 33334.6(d): Applicable to project areas approved before 1986 in which the required resolution was sent to HCD
before September 1986 regarding needing tax increment to meet existing obligations. Existing obligations can include those
incurred after 1985, if net proceeds were used to refinance pre -1986 listed obligations.
Note: The deferral previously authorized by Section 33334.6(e) expired. It was only
allowable in each fiscal year prior to Jnh 1, 1996 with certain restrictions.
❑ Other: Specify code Section and reason:
b. For any deferral claimed on Page 2, Line 3a(5) and/or Line 5a above, identify:
Date that initial (18`) finding was adopted: / / Resolution #
mo day yr
Adoption date of reporting year finding: 1 l� Resolution #
Mo day yr
Date sent to HCD: / /
mo day yr
Date sent to HCD: 1
mo day yr
c. A deferred set-aside pursuant to Section 33334.6(d) constitutes indebtedness to the Housing Fund. Summarize the amount(s)
of set-aside deferred over the reporting year and cumulatively as of the end of the reporting year:
Fiscal Year
Amount Deferred
This Reporting FY
Amount of Prior
Deferrals Reid.
During Reporting FY
Cumulative Amount
Deferred (Net of Any
Amount(s) Repaid)
(1) Last Reporting FY
(2) This Reporting FY $
$
$
* The cumulative amount a deferred set-aside should also be shown on HCD-C, Line 8a.
If the prior FY cumulative deferral shown above differs from what was reported on the last HCD report (HCD-A and
HCD-C), indicate the amount of difference and the reason:
Difference: $ 1 Reason(s):
California Redevelopment Agencies — Fiscal Ycar 2005-2006 HCD-A
Sch A (7/1/06) Page 3 of 6
Agency Name: La Quinta Redevelopment Agency
Ileferral(s) (continued)
Project Area Name: _Project Area_No.1
d. Section 33334.6(g) requires any agency which defers set -asides to adopt a plan to eliminate the deficit in subsequent years.
If this agency has deferred set -asides, has it adopted such a plan? Yes ❑ No ❑
If yes, by what date is the deficit to be eliminated?
If yes, when was the original plan adopted for the claimed deferral?
Identify Resolution # Date Resolution sent to HCD
When was the last amended plan adopted for the claimed deferral?
Identify Resolution # Date Resolution sent to HCD
mo
/ r
day
yr
mo
day
yr
Households Permanently Displaced - Total
mo
day
yr
mo
day
yr
mo
day
yr
Actual Prosect Area Households DisMaced and Units and Bedrooms Lost Over Reporting Year;
6. a. Redevelopment Prosect Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3), report by income category the number of
elderly and nonelderly households permanently displaced and the number of units and bedrooms removed or destroyed, over
the reporting year, (refer to Section 33413 for unit and bedroom replacement requirements).
Number of Households/Units/Bedrooms
Project Activity VL L M AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced -Total
Units Lost (Removed or Destroyed) and Required to be Replaced
Bedrooms Lost (Removed or Destroyed) and Required to be Replaced
Above Moderate Units Lost That Agency is Not Required to Replace
Above Moderate Bedrooms Lost That Agency is Not Required to Replace
b. Other Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3) based on activities other than the destruction or removal of
dwelliag units and bedrooms reported on Line 6a, report by income category the number of elderly and nonelderly households
permanently displaced over the reporting year:
Number of Households
Other Activity VL L M AM
Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced - Total
c. As required in Section 33413.5, identify, over the reporting year, each replacement housing plan required to be adopted
before the permanent displacement, destruction, and/or removal of dwelling units and bedrooms impacting the households
reported on lines 6a. and 6b.
Date / /_
mo day yr
Date
mo day yr
Name of Agency Custodian
Name of Agency Custodian
Please attach a separate sheet of paper listing any additional housing plans adopted.
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
sch A (7/u06) Page 4 of 6
Agency Name: _La Quinta Redevelopment Agency Project Area Name; PraLect Area _No. l
Estimated Project Area Households to be Permapently Displaced Over Current Fiscal Year:
7. a. As required in Section 33080.4(a)(2) for a redevelopment project of the agency, estimate, over the current Fiscal year' the
number of elderly and nonelderly households, by income category, expected to be pennanently displaced. (Note: actual
displacements will be reported for the next reporting year on Line 6).
Number of Households
Project Activity VL L M AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced - Total
b As required in Section 33413.5, for the current fiscal year, identify each replacement housing plan required to be adopted before
the permanent displacement, destruction, and/or removal of dwelling units and bedrooms impacting the households reported in 7a.
Date
mo day yr
Date
mo day yr
Naive of Agency Custodian
Name of Agency Custodian
Please attach a separate sheet of paper listing any additional housing plans adapted.
Units Developed Inside the Proiect Area to Fulfill Resduirements of Other Project Area(s)
8. Pursuant to Section 33413(b)(2)(A)(v), agencies may choose one or more project areas to fulfill another project area's requirement to
construct new or substantially rehabilitate dwelling units, provided the agency conducts a public hearing and finds, based on
substantial evidence, that the aggregation of dwelling units in one or more project areas will not cause or exacerbate racial, ethnic, or
economic segregation.
Were any dwelling units in this project area developed to partially or completely satisfy another project area's requirement to
construct new or substantially rehabilitate dwelling units?
® No.
❑ Yes. Date initial finding was adopted? / / Resolution # Date sent to HCD: I I
mo day yr mo day yr
Number of Dwe ling Units
Name of Other Project Area(s) VL L M Total
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
Sch A (7/V06) Page 5 of 6
Agency Name: La _ uinta Redevelopment Agency Project Area Name: Project Area No.1
Sales of Owner -Occupied Units Inside the Proiect Area Prior to the Expiration of Land Use Controls
Section 33413(c)(2)(A) specifies that pursuant to an adopted program, which includes but is not limited to an equity sharing program,
agencies may permit the sale of owner -occupied units prior to the expiration of the period of the land use controls established by the
agency. Agencies must deposit sale proceeds into the Low and Moderate Income Housing Fund and within three (3) years from the
date the unit was sold, expend funds to make another unit equal in affordability, at the same income level, to the unit sold.
Sales.
®No
❑Yes
Did the agency permit the sale of any owner -occupied units during the reporting year?
Equal Units.
®No
❑Yes
Were reporting year funds spent to make units equal in affordability to units sold over the last three reporting years?
F— Total Proceeds From Sales Over Reporting Year Number of Units
SALES VL
L
M
Total
Units Sold Over Reporting Year [x]
Name of
Agreement
Estimated
Equal Units.
®No
❑Yes
Were reporting year funds spent to make units equal in affordability to units sold over the last three reporting years?
Affordable Units to be Constructed Inside the Proiect Area Within Two Years
10. Pursuant to Section 33080.4(a)(10), report the number of very low, low, and moderate income units to be financed by any federal,
state, local, or private source in order for constriction to be completed within two years from the date of the agreement or contract
executed over the reporting_, year. Identify the project and/or contractor, date of the executed agreement or contract, and estimated
completion date. Specify the amount reported as an encumbrance on HCD-C, Line 6a. and/or any applicable amount designated on
HCD-C, Line 7a. such as for capital outlay or budgeted funds intended to be encumbered for project use within two years from the
reporting year's agreement or contract date.
DO NOT REPORT ANY UNITS ON THIS SCHEDULE A THAT ARE REPORTED ON OTHER HCD-As, B, OR Ds.
Col A
<— Total LMIHF Spent On Equal Units Over Number of Units
_ Reporting Year
SALES VL L M Total
Units Made Equal This Reporting Yr to Units Sold Over This Reporting Yr
Units Made Equal This Reporting Yr to Units Sold One Reporting Yr Ago
Units Made Equal This Reporting Yr to Units Sold Two Reporting Yrs Ago
Units Made Equal This Reporting Yr to Units Sold Three Reporting Yrs Ago
Affordable Units to be Constructed Inside the Proiect Area Within Two Years
10. Pursuant to Section 33080.4(a)(10), report the number of very low, low, and moderate income units to be financed by any federal,
state, local, or private source in order for constriction to be completed within two years from the date of the agreement or contract
executed over the reporting_, year. Identify the project and/or contractor, date of the executed agreement or contract, and estimated
completion date. Specify the amount reported as an encumbrance on HCD-C, Line 6a. and/or any applicable amount designated on
HCD-C, Line 7a. such as for capital outlay or budgeted funds intended to be encumbered for project use within two years from the
reporting year's agreement or contract date.
DO NOT REPORT ANY UNITS ON THIS SCHEDULE A THAT ARE REPORTED ON OTHER HCD-As, B, OR Ds.
Col A
Co( B
Col C
Col D
`C
Col E
Name of
Agreement
Estimated
Sch Amount
Sch C Amount
Project and/or
Execution
Completion Date
Encumbered
Designated
Contractor
Date(w/in
2 yrs of Col B
Line 6a]
[Line 7a] VL
L
M Total
$$
Is
Is
Please attach a separate sheet of paper to list additional information.
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
Sch A (7n/06) Page 6 of 6
SCHEDULE HCD-A
Inside Project Area Activity
for Fiscal Year that Ended 6 /30 1 2f1117
Agency Name: La Quinta Redevelopment Agency Project Area Name; Project Area No. 2
Preparer's Name, Title: Michael Beniamin—Associate Preparer's E -Mail Address: _ mbenjarnm &webrs .coni
Preparer's Telephone No; (714) 541-4585ext.124 Preparer's Facsimile No: _(714) 541-1175
GENERAL INFORMATION
1. Project Area Infonnation
a. 1. Year 1s1 plan for project area was adopted: 1989
2. Year that plan was last amended (if applicable): 2003
3. Was plan amended after 2001 to extend time limits per Senate Bill 211 (Chapter 741, Statutes of 2001)? Yes_ No X
4. Current expiration of plan: 5 / 16 / 2029
mo day yr
b. If project area name has changed, give previous name(s) or number,
c. Year(s) of any mergers of the project area:
Identify former project areas that merged: -
d. Year(s) project area plan was amended involving real property that either:
(1) Added property to plan:
(2) Removed property from plan:
2. Affordable Housing Replacement and/or Inclusionary or Production Requirements (Section 33413).
Pre -1976 project areas riot subsequently amended after 1975: Pursuant to Section 33413(d), only Section 33413(a) replacement
requirements apply to dwelling units destroyed or removed after 1995. The Agency can choose to apply all or part of Section
33413 to a project area plan adopted before 1976. If the agency has elected to apply all or part of Section 33413, provide the date
of the resolution and the applicable Section 33413 requirements addressed in the scope of the resolution.
Date: /
mo day yr
Resolution Scope (applicable Section 33413 requirements):
Post -1975 pro ect areas and geographic areas added by amendment after 1975 to pre-] 976 project areas: Both replacement and
inclusionary or production requirements of Section 33413 apply.
NOTE:
Amounts to report on HCD-A lines 3a(1), 3b -3f, and 3i. can be taken from what is reported to the State Controller's
Office (SCO) on the Statement of Income and Expenditures as part of the Redevelopment Agency's Financial
Transactions Report, except for the reclassifying of Transfers -In from Internal Funds and the reporting of Other
Sources as discussed below:
Transfers -In from other internal funds: Report the amount of transferred funds on applicable HCD-A,
lines 3a -j. For example, report the amount transferred from the Debt Service Fund to the Housing Fund
for the deposit of the required set-aside percentage/amount by reporting gross tax increment on HCD-A,
Line 3a(1) and report the Housing Fund's share of expenditures for debt service on HCD-C, Line 4c. Do
not renort "net" funds transferred from the Debt Service Fund on_HCD-A, Line 3a(3) when renorthtip debt
service expenditures on MCD -C, Line 4c.
Other Sources: Non -GAAP (Generally Acceptable Accounting Principles) revenues such as from land sales for
those agencies using the Land Held for Resale method to record land sales should be reported on HCD-A Line
3d. Housing fiord receipts for the repayment of loan principal should be included on HCD-A Line 3h.
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
Sch A (7/l/06) Page 1 of 6
Agency Name: La Ouinta Redevelopment Agency Project Area Name: _Project Area No.2
Proiect Area Housing Fund Revenues and Other Sources
3. Report all revenues and other sources of funds from this project area which accrued to the Housing Fund over the reporting
year. Any income related to agency -assisted housing located outside the project area(s) should be reported as "Other
Revenue" on Line 3j. (of this Schedule A), if this project area is Hamed as, benefeiary inthe , authorizing resolution. Any
other revenue sources not reported on lines 3a. -3i., should also be reported on Line 3j.
Enter on Line 3a(1) the full 100% of gross Tax Increment allocated prior to applicable pass tllryu +�h of funds and deductions
for fees (refer to Sections 33401, 33446, & 33676). Compute the required minimum percentage (%) of gross Tax Increment
and enter the amount on Line 3a(2)(A) or 3a(2)(B). Next, report the amount of Tax Increment set-aside before any
exemption and/or deferral (if amount set-aside is less than required minimum M) explain the difference). If any amount of
Tax Increment was exempted or deferred, in addition tip completing lines 3a(4) and/or 3a(5). complete Line 4 and/or Line 5.
To determine the amount of Tax Increment deposited to the Housing Fund [Line 3a(6)], subtract allowable amounts
exempted [Line 3a(4)] or deferred [Line 3a(5)] from the actual amount allocated to the Housing Fund [Line 3a(3)].
a. Tax Increment:
(1) 100% of Gross Allocation: $ _25971,446
(2) Calculate only_l set-aside amount: either A or B below:
(A) 20% required by 33334.2 (Line 3a(1) x 20%): $ 5194,289
(B) 30% required by 33333.10(g) (Line 3a(1) x 30%): $
(Senate Bill 211, Chapter 741, Statutes of 200 1)
(3) Amount of set-aside (Line 3a(2)) allocated to Housing Fund $ 5,194,288
* If, pursuant to Section 33334.3(1), less than the minimum % of Gross Tax
Increment (see 3a(2) above) is being allocated from this project area, identify
the project area(s) contributing the difference. Explain any other reason(s):
(4) Amount Exempted [Health & Safety Code Section 33334.2]
(if there is an amount exempted, also complete question #4, next page):
(5) Amount Deferred [Health & Safety Code Section 33334.6]
(if there is an amount deferred, also complete question #5, next page):
(6) Total deposit to the Housing Fund [result of Line 3a(3) through 3a(5)]:
b. Interest Income:
c. Rental/Lease Income (combine amounts separately reported to the SCO):
d. Sale of Real Estate:
e. Grants (combine amounts separately reported to the SCO):
f. Bond Administrative Fees:
g. Deferral Repayments (also complete Line 5c(2) on the next page):
h. Loan Repayments:
i. Debt Proceeds:
j. Other Revenue(s) [Explain and identify amount(s)]:
Loan Repayments
$ 59,409
($ 1
k. Total Project Area Receipts Deposited to Housing Fund (add lines 3a(6). through 3j.):
California Redevelopment Agencies — Fiscal Year 2005-2006
Sch A (7/1/06)
$ _5,194,288
$ 1245,153_
$ 59,409
$ 6,498,850
HCD-A
Page 2 of 6
Agency Name: La Ouinta Redevelopment Agency Project Area Name: _Project Area No.2
Exemption(s)
4. a. If an exemption was claimed on Page 2, Line 3a(4) to deposit less than the required amount, complete the following information:
Check only one of the Health and Safety Code Sections below providing a basis for the exemption:
❑ Section 33334.2(a)(1): No need in corrummity to increase/improve supply of lower or moderate income housing.
❑ Section 33334.2(a)(2): Less than the minimum set-aside % (20% or 30%) is sufficient to meet the need.
❑ Section 33334.2(a)(3): Community is making substantial effort equivalent in value to minimum set-aside % (20% or 30%)
and has specific contractual obligations incurred before May 1, 1991 requiring continued use of this funding.
Note: Pursuant to Section 33334.2(a)(3)(C), this exemption expired on June 30, 1993 but
contracts entered into prior to May 1, 1991 may not be subject to the exemption sunset.
❑ Other: Specify code section and reason(s)
b. For any exemption claimed on Page 2, Line 3a(4) and/or Line 4a above, identify:
Date that initial (n finding was adopted: / / Resolution # Date sent to HCD:
mo day yr mo day yr
Adoption date of reporting year finding: _L—L_ Resolution # Date sent to HCD:
DID day yr mo day yr
Deferral(s)
5. a. Specify the authority for deferring any set-aside on Line 3a(5). Check only one Health and Safety Code Section boxes:
❑ Section 33334.6(d): Applicable to project areas approved before 1986 in which the required resolution was sent to HCD
before September 1986 regarding needing tax increment to meet existing obligations. Existing obligations can include those
incurred after 1985, if net proceeds were used to refinance pre -1986 listed obligations.
Note: The deferral previously authorized by Section 33334.6(e) expired. It was only
allowable in each fiscal year prior to July 1, 1996 with certain restrictions.
❑ Other: Specify code Section and reason:
b. For any deferral claimed on Page 2, Line 3a(5) and/or Line 5a above, identify:
Date that initial (I') funding was adopted: / / Resolution # Date sent to HCD:
mo day yr mo day yr
Adoption date of reportingear�ins5: �I�J Resolution # Date sent to HCD: _/ /
mo clay yr mo day yr
c. A deferred set-aside pursuant to Section 33334.6(d) constitutes indebtedness to the Housing Fund. Summarize the amount(s)
of set-aside deferred over the reporting year and cumulatively as of the end of the reporting year:
Fiscal Year
Amount Deferred
This Resorting EY
Amount of Prior
Deferrals Repaid
During Reporting? FY
Cumulative Amount
Deferred (Net of Any
Amount(s) Repaid)
(1) Last Reporting FY
$
(2) This Reporting FY $
$
$
* The cumulative amount of ck erred set-aside should also be shown on HCD-C, Line 8a.
If the prior FY cumulative deferral shown above differs from what was reported on the last HCD report (HCD-A and
HCD-C), indicate the arnount of difference and the reason:
Difference: $
Reason(s):
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-A
Sch A (7/1/06) Page 3 of 6
Agency Name: La Ouinta Redevelopment Agency
Deferral(s) (continued)
Project Area Name: Project Area No.2
d. Section 33334.6(g) requires any agency which defers set -asides to adopt a plan to eliminate the deficit in subsequent years.
If this agency has deferred set -asides, has it adopted such a plan? Yes ❑ No ❑
If yes, by what date is the deficit to be eliminated?
If yes, when was the original plan adopted for the claimed deferral?
Identify Resolution # Date Resolution sent to HCD
When was the last amended plan adopted for the claimed deferral?
Identify Resolution # Date Resolution sent to HCD
Actual Proiect Area Households Displaced and Units and Bedrooms Lost Over Reporting Year;
6. a. Redevelopment Protect Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3), report by income category the number of
elderly and nonelderly households permanently displaced and the number of units and bedrooms removed or destroyed, over
the reporting year, (refer to Section 33413 for unit and bedroom replacement requirements).
Number of Households/Units/Bedrooms
Project Activity VL L M I AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced -Total
Units Lost (Removed or Destroyed) and Required to be Replaced
Bedrooms Lost (Removed or Destroyed) and Required to be Replaced
Above Moderate Units Lost That Agency is Not Required to Replace
Above Moderate Bedrooms lost That Agency is Not Required to Replace
b. Other Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3) based on activities other than the destruction or removal of
dwelline units and bedroorns reported on Line 6a, report by income category the number of elderly and nonelderly households
permanently displaced over lite reporting Oar:
Number of Households
other Activity VL L M AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced - Total
c. As required in Section 33413.5, identify, over the repo+rte gM, each replacement housing plan required to be adopted
before the permanent displacement, destruction, and/or removal of dwelling units and bedrooms impacting the households
reported on lines 6a. and 6b.
Date
mo day yr
Date _ I l�
mo day yr
Name of Agency Custodian
Name of Agency Custodian
Please attach a separate sheet of paper listing any additional housing plans adopted.
California Redevelopment Agencies - Fiscal Year 2005-2006 HCD-A
sch A (7/l/06) Page 4 of 6
mo
day
yr
mo
day
yr
mo
day
yr
mo
day
yr.
/
mo
day
yr
Actual Proiect Area Households Displaced and Units and Bedrooms Lost Over Reporting Year;
6. a. Redevelopment Protect Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3), report by income category the number of
elderly and nonelderly households permanently displaced and the number of units and bedrooms removed or destroyed, over
the reporting year, (refer to Section 33413 for unit and bedroom replacement requirements).
Number of Households/Units/Bedrooms
Project Activity VL L M I AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced -Total
Units Lost (Removed or Destroyed) and Required to be Replaced
Bedrooms Lost (Removed or Destroyed) and Required to be Replaced
Above Moderate Units Lost That Agency is Not Required to Replace
Above Moderate Bedrooms lost That Agency is Not Required to Replace
b. Other Activity. Pursuant to Sections 33080.4(a)(1) and (a)(3) based on activities other than the destruction or removal of
dwelline units and bedroorns reported on Line 6a, report by income category the number of elderly and nonelderly households
permanently displaced over lite reporting Oar:
Number of Households
other Activity VL L M AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced - Total
c. As required in Section 33413.5, identify, over the repo+rte gM, each replacement housing plan required to be adopted
before the permanent displacement, destruction, and/or removal of dwelling units and bedrooms impacting the households
reported on lines 6a. and 6b.
Date
mo day yr
Date _ I l�
mo day yr
Name of Agency Custodian
Name of Agency Custodian
Please attach a separate sheet of paper listing any additional housing plans adopted.
California Redevelopment Agencies - Fiscal Year 2005-2006 HCD-A
sch A (7/l/06) Page 4 of 6
Agency Name: La Quinta Redevelopment Agency_ Project Area Name: Project Area No.2
.Estimated Project Area llouscholds to be Permang1idX, Displaced Over Current Fiscal Year:
7. a. As required in Section 33080.4(a)(2) for a redevelopment project of the agency, estimate, over the current fiscal year„ the
number of elderly and nonelderly households, by income category, expected to be permanently displaced. (Note: actual
displacements will be reported for the next reporting year on Line 6).
Number of 14nusehnlrls
- --- ---------
Project Activity VL L M AM Total
Households Permanently Displaced - Elderly
Households Permanently Displaced - Non Elderly
Households Permanently Displaced - Total
b. As required in Section 33413.5, for the current fiscal year, identify each replacement housing plan required to be adopted before
the permanent displacement, destruction, and/or removal of dwelling units and bedrooms impacting the households reported in 7a.
Date
mo day yr
Date
mo day yr
Name of Agency Custodian
Name of Agency Custodian
Please attach a separate sheet of paper listing any additional housing plans adopted.
Units Developed Inside the Project Area to fulfill Ile uirements of Other Prolect Area(s)
8. Pursuant to Section 33413(b)(2)(A)(v), agencies may choose one or more project areas to fulfill another project area's requirement to
construct new or substantially rehabilitate dwelling units, provided the agency conducts a public hearing and finds, based on
substantial evidence, that the aggregation of dwelling units in one or more project areas will not cause or exacerbate racial, ethnic, or
economic segregation.
Were any dwelling units in this project area developed to partially or completely satisfy another project area's requirement to
construct new or substantially rehabilitate dwelling units?
® No.
❑ Yes. Date initial finding was adopted? / ! Resolution # Date sent to HCD:
mo day yr mo day yr
Number of Dive fing Units
Name of Other Project Area(s) VL L M Total
California Redevelopment Agencies — Fiscai Year 2005-2006 HCD-A
Sch A (7/1/06) Page 5 of 6
Agency Name: La Ouinta Redevelopment Agency Project Area Name: Pro'ect Area No.2
Sales of Owner -Occupied Units Inside the Project Area Prior to the Expiration of Land Use Controls
Section 33413(c)(2)(A) specifies that pursuant to an adopted program, which includes but is not limited to an equity sharing program,
agencies may permit the sale of owner -occupied units prior to the expiration of the period of the land use controls established by the
agency. Agencies must deposit sale proceeds into the Low and Moderate Income Housing Fund and within three (3) years from the
date the unit was sold, expend funds to make another unit equal in affordability, at the same income level, to the unit sold.
a. Sales. Did the agency permit the sale of any owner -occupied units during the reporting year?
®No
[]Yes
b. dual Units, Were reporting year funds spent to make units equal in affordability to units sold over the last three reporting years?
®No
❑Yes
Total Proceeds From Sales Over Reporting Year Number of Units
SALES VL
L M
I Total
Units Sold Over Reporting Year [x]
Units Made Equal This Reporting Yr to Units Sold Three Reporting Yrs Ago
Name of
b. dual Units, Were reporting year funds spent to make units equal in affordability to units sold over the last three reporting years?
®No
❑Yes
Affordable Units to be Constructed Inside the Prosect Area Within Two Years
10. Pursuant to Section 33080.4(a)(10), report the number of very low, low, and moderate income units to be financed by any federal,
state, local, or private source in order for construction to be completed within two years from the date of the agreement or contract
executed over the Wortuigryea r. Identify the project and/or contractor, date of the executed agreement or contract, and estimated
completion date. Specify the amount reported as an encumbrance on HCD-C, Line 6a. and/or any applicable amount designated on
HCD-C, Line 7a, such as for capital outlay or budgeted fiords intended to be encumbered for project use within two years from the
reporting year's agreement or contract date.
DO NOT REPORT ANY UNITS ON THIS SCHEDULE A THAT ARE REPORTED ON OTHER HCD-As, B, OR Ds.
Col A
F— Total LMIHF Spent On Equal Units Over Number of Units
Reporting Year
SALES VL L M I Total
Units Made Equal This Reporting Yr to Units Sold Over This Reporting Yr
Units Made Equal This Reporting Yr to Units Sold One Reporting Yr Ago
Units Made Equal This Reporting Yr to Units Sold Two Reporting Yrs Ago
Units Made Equal This Reporting Yr to Units Sold Three Reporting Yrs Ago
Affordable Units to be Constructed Inside the Prosect Area Within Two Years
10. Pursuant to Section 33080.4(a)(10), report the number of very low, low, and moderate income units to be financed by any federal,
state, local, or private source in order for construction to be completed within two years from the date of the agreement or contract
executed over the Wortuigryea r. Identify the project and/or contractor, date of the executed agreement or contract, and estimated
completion date. Specify the amount reported as an encumbrance on HCD-C, Line 6a. and/or any applicable amount designated on
HCD-C, Line 7a, such as for capital outlay or budgeted fiords intended to be encumbered for project use within two years from the
reporting year's agreement or contract date.
DO NOT REPORT ANY UNITS ON THIS SCHEDULE A THAT ARE REPORTED ON OTHER HCD-As, B, OR Ds.
Col A
Col B
Col C
Col D
Col E
Name of
Agreement
Estimated
Sch C Amount
Sch C Amount
Project and/or
Execution
Completion Date
Encumbered
Designated
Contractor
Date
(w/in 2 yrs of Col B)
[Line 6a]
Line 7a VL
L
M Total
$
$
Please attach a separate sheet of paper to list additional infonnation.
California Rcdevclopmcnt Agcncics — Fiscal Ycar 2005-2006 HCD-A
Sch A (7/1/06) Page 6 of 6
SCHEDULE HCD-C
Agency -wide Activity
for Fiscal Year Ended fi 1 30 1 2007
Agency Name: _La Quinta Redevelopment Agency County: Riversitle
Preparer's Name, Title: _Michael Benjamin. Associate Preparer's E -Mail Address: inbenjamina webrs .ccoom
Preparer's Telephone No: 714 541-4585 ext. 124 Preparer's Facsimile No: 1714) 541-1175
Low & Moderate Income Housing Fund
Report on the "status and use of the agency's Low and Moderate Income Housing Fund." Most information reported here should
be based on information reported to the State Controller.
1. Beginning Balance (Use "Net Resources Available" from last fiscal year report to HCD) $ 83,769,803
a. If Beginning Balance rquires adjustment(s).describe andprovide dollar amount (positiveh1e ative}.
making up total adjustment: Use < $ > for negative amounts or amounts to be subtracted.
b. Adjusted Beginning Balance [Beginning Balance plus + or minus <-> Total Adjustment(s)] $ 83,769,803
2. Project Area(s) Receipts and Housing Fund Revenues
a. Total Project Area(s) Receipts. Total Summed amount of HCD-Schedule A(s) (from Line 3k) $ _20,762,570
b. Housing Fund Resources not reported on HCD Schedule -A(s)
Describe and Provide Dollar Atnount(s) (Positive/Negative) Making Up Total Housing Fund Resources
c. Total Housing Fund Resources
Total Resources (Line lb. + Line 2a +Line 2c.)
$ 104,532,373
NOTES:
Many amounts to report as Expenditures and Other Uses (beginning on the next page) should be taken from amounts reported to the
State Controller's Office (SCO). Review the SCO's Redevelopment Agencies Financial Transactions Report.
Housing Fund "transfers -out" to other internal Agency funds: Report the specific use of all transferred funds on applicable lines 4a. -
k of Schedule C. For example, transfers from the Housing Fund to the Debt Service Fund for the repayment of principal and interest
of debt proceeds deposited to the Housing Fund should be reported on the applicable item comprising HCD-C Line 4c, providing tax
increment (gross and deposit amounts) were reported on Sch-As. External transfers out of the Agency should be reported on HCD-C
Line 4j (e.g.: transfer of excess surplus to the County Housing Authority).
Other Uses: Non -GAAP (Generally Accepted Accounting Principles) recording of expenditures such as land purchases for agencies
using the Land Held for Resale method to record land purchases should be reported on HCD-C Line 4a(1). Funds spent resulting in
loans to the Housing Fund should be included in HCD-C lines 4b., 4f., 4g., 4h., and 4i as appropriate.
The statutory cite pertaining to Community Redevelopment Law (CRL) is provided for preparers to review to determine the
appropriateness of Low and Moderate Income Housing Fund (LMIHF) expenditures and other uses. HCD does not
represent that line items identifying any expenditures and other uses are allowable. CRL is accessible on the Internet
[website: htip://www,ieginfo.ca.gov/ (California Law)] beginning with Section 33000 of the Health and Safety Code.
California Redevcloppient Agencies — Fiscal Ycar2005-2006 HCD-C
Sch C (7/l/06) Page 1 of 10
Agency Name: La Q? iinta Redevelopment Agent
4. Expenditures, Loans, and Other Uses
a. Acquisition of Property & Building Sites [333 4.2(e)(1 )] & Housing f33334.2(e)(6
(1)
Land Purchases (Investment— Land Held for Resale) *
$
(2)
Housing Assets (Fixed Asset) *
$
(3)
Acquisition Expense
$ 21,200,832
(4)
Operation of Acquired Property
$ 241,658
(5)
Relocation Costs
$
(6)
Relocation Payments
$ 80,866
(7)
Site Clearance Costs
$
(8)
Disposal Costs
$
(9) Other [Explain and identify amount(s)]:
* Reported to SCO as part of Assets and Other Debts
(10) Subtotal Property/Building Sites/Housing Acquisition (Sum of Lines 1 — 9) $ 21,523,356
b. Subsidies from Low and Moderate Income Housing Fund {LMI1-IF)--
(1) 1" Time Homebuyer Down Payment Assistance $ 4,830,800
(2) Rental Subsidies $
(3) Purchase of Affordability Covenants [33413(b)2(B)] $
(4) Other [Explain and identify ainount(s)]:
(5) Subtotal Subsidies from LMIHF (Sum of Lines 1— 4) $ 4,830,800
c. Debt Service [33334.2(e)(9)]. If paid from LMIHF, report LMIHF's share of debt service. If paid from
Debt Service Fund, ensure "gross" tax increment is reported on HCD-A(s) Line 3a(1).
(1) Debt Principal Payments
(a) Tax Allocation, Bonds & Notes $
(b) Revenue Bonds & Certificates of Participation $ 1,520,000
(c) City/County Advances & Loans $
(d) U. S. State & Other Long—Term Debt $
(2) Interest Expense $ 4_,882,698
(3) Debt Issuance Costs $
(4) Other [Explain and identify amount(s)]:
$ $
(5) Subtotal Debt Service (Sum of Lines I — 4) $ 6,402,698
d. Plannina and Administration Costs 133334.3(e)(I
(1) Administration Costs
(2) Professional Services (non project specific)
(3) Planning/Survey/Design (non prosect specific)
(4) Indirect Nonprofit Costs [33334.3(e)(1)(B)]
(5) Other [Explain and identify amount(s)]:
(6) Subtotal Planning and Administration (Sum of Lines 1 — 5)
$ 324,656
$ 974,964
$ 1,299,620
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-C
sch C (7/1/06) Page 2 of 10
Agency Name: La Quinta Redevelopment A&W
Expenditures, Loans, and Other Uses (continued)
e. On/Off-Site Improvements [33334.2(e)(2)] Complete item 13
f Housing Construction [33334.2(e)(5)]
g. Housing Rehabilitation [33334.2(e)(7)]
h. Maintain Supply of Mobilehome Parks [33334.2(e)(10)]
i. Preservation of At -Risk Units [33334.2(e)(11)]
j. Transfers Out of Agency
(1) For Transit village Development Plan (33334.19)
(2) Excess Surplus [33334.12(a)(1)(A)]
(3) Other (specify code section authorizing transfer and amount)
A. Section $
B. Section $
Other Transfers Subtotal
(4) Subtotal Transfers Out of Agency (Sum of j(1) through j(3))
k. Other Expenditures, Loans, and Uses [Explain and identify amount(s)]:
Capital Improvement Projects to facilitate Affordable Housing production $ 15,242,313
$ 1,179,938
$ 12,029
Subtotal Other Expenditures, Loans, and Uses $ 15,242,313
I. Total Expenditures, Loans, and Other Uses (Sum of lines 4a. -k.)
5. Net Resources Available [End of Reporting Fiscal Year]
[Page 1, Line 3, Total Resources minus Total Expenditures, Loans, and Other Uses on Line 4.1.]
6. Encumbrances and Unencumbered Balance
a. Encumbrances. Amount of Line 5 reserved for future payment of legal contract(s)
or agreement(s). See Section 33334.12(g)(2) for definition. $ 46,761,070
Refer to item 10 on Sch-A(s) and item 4 on Sch-B,
b. Unencumbered Balance (Line 5 minus Line 6a). Also enter on Page 4, Line Ila. $ 7,280,549
7. Designated/Undesignated Amount of Available Funds
a. Designated From Line 6b- Budgeted/planned to use near-term
Refer to item 10 on Sch-A(s) and item 4 on Sch-B $
b. Undesignated From Line 6b- Portion not yet budgeted/planned to use $
8. Other Housing Fund Assets (non recurrent receivables) not included as part of Line 5
a. Indebtedness from Deferrals of Tax Increment (Sec. 33334.6)
[refer to Sch-A(s), Line 5c (2)]. $
b. Value of Land Purchased with Housing Funds and Held for
Development of Affordable Housing. Complete Sch-C item 14.
c. Loans Receivable for Housing Activities $
d. Residual Receipt Loans (periodic/fluctuating payments) $
e, ERAF Loans Receivable (all years) (Sec. 33681) $
f. Other Assets [Explain and identify amount(s)]:
$ 50,490,754
$ 54,041,619
9. Total Other Housing Fund Assets (Sum of lines 8a. -f.)
9. TOTAL FUND EQUITY[Line 5 (Net Resources Available) +8g (Total Other Housing Fund Assets] $ 54,041,619
Compare Line 9 to the below amount reported to the SCO (Balance Sheet of Redevelopment Agencies
Financial Transactions Report. [Explain differences and identify atnount(s)]:
ENTER LOW -MOD FUND TOTAL ECOUITIES (BALANCE SHEET) REPORTED TO SCO $ 54,041,619
Califomia Redevelopment Agencies — Fiscal Year 2005-2006 HCD-C
Sch C (7/1/06) Page 3 of 10
Agency Name: La Quinta Redevelopment Agency
Excess Surplus Information
Pursuant to Section 33080.7 and Section 33334.12(g)(1), report on Excess Surplus that is required to be determined on the first day
of a fiscal year. Excess Surplus exists when the Adjusted Balance exceeds the Ater af: (1) $1,000,000 or (2) the aggregate amount
of tax increment deposited to the Housing Fund during the prior four fiscal years. Section 33334.12(g)(3)(A) and (B) provide that
the Unencumbered Balance can be adjusted for: (1) any remaining revenue generated in the reporting year from unspent debt proceeds
and (2) if the land was disposed of during the reporting year to develop affordable housing, the difference between the fair market value
of land and the value received.
The Unencumbered Balance is calculated by subtracting encumbrances from Net Resources Available. "Encumbrances" are fiords
reserved and comnnitted pursuant to a legally enforceable contract or agreement for expenditure for authorized redevelopment housing
activities [Section 33334.12(g)(2)].
For Excess Surplus calculation purposes, carry over the prior year's HCD Schedule C Adjusted Balance as the Adjusted Balance on the
first day of the reporting fiscal year. Determine which is larger: (1) $1 million or (2) the total of tax increment deposited over the prior
four years. Subtract the largest amount from the Adjusted Balance and, if positive, report the amount as Excess Surplus.
10. Excess Surplus:
Complete Columns 2, 3, 4 & 5 to calculate Excess Surplus for the reporting ear. Columns 6 and 7 track prior ears' Excess Sultls.
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Column 7
Sum of Tax
Current
Current
Amormt
4 Prior and
Total Tax
Increment
Reporting Year
Beportiii Year
Expend6d/Encumbered
Remaining Excess
Current
Increment
Deposits Over
I" Day
15[ Day
Against FY Balance of
Surplus for Each
Reporting
Deposits to
Prior Four
Adjusted
Excess Surplus
Excess Surplus as of
Fiscal Year as of
Yeats
Housing Fund
FYs
Balance
Balances
End of Rena. ding Year
End of Re1wrl in Year
4 Rpt Yrs Ago
FY 2002-03
$ 7,750,765
$
$
$
3 Rpt Yrs Ago
FY 2003-04
$ 9,023,407
$
$
$
2 Rpt Yrs Ago
FY 2004-05
$ 10,282,664
$
$
$
Rpt Yr Ago
FY 2005-06
$ 14,089,024
$
$
$
CURRENT
Sum of Column 2
Last Year's Sch C
Col 4 minus: lamer
Adjusted Balance
of Col 3 or $ltnm
Reportittg
' � ` `I
Year
(report positive S)
$ 0
FY 2006-07
$ 41,145,86()
$ 23 037,582—
$
$
11. IReportin Year Ending Unencumbered Balance and Adjusted Balance:
a. Unencumbered Balance (End of Year) [Page 3, Line 6b] $ 7,280,549
b. If eligible, adjust the Unencumbered Balance for:
(1) Debt Proceeds [33334.12(g)(3)(B)]:
Identify unspent debt proceeds and related income remaining at end of reporting year $
(2) Land Conveyance Losses [(33334.12(g)(3)(A))]:
Identify reporting ycar losses from sales/grants/leases of land acquired with low -mod funds, if
49% or more of new or rehabilitated units will be affordable to lower-income households $
12. Adjusted Balance (for next ear's determination of Surplus) [Line l la minus sum of l lb(1) and I lb(2)] $ 7,280,549
Note: Do not enter Adjusted Balance in Col 4. It is to be reported as next year's 1st day amount to determine Excess Surplus
a. If there is retraining Excess Surplus from what was detennined on the first day of the reporting year, describe
the agency's plan (as specified in Section 33334.10) for transferring, encumbering, or expending excess surplus:
b. If the plan described in 12a, was adopted, enter the plan adoption date:
mo day yr
Miscellaneous Uses of Funds
California Redevelopment Agencies — Fiscal Ycar 2005-2006 HCD-C
sch C (7/l/06) Page 4 of 10
Agency Name: La Quinta Redevelopment A enc
13. If an amount is reported in 4e., pursuant to Section 33080.4(a)(6), report the total number of very low-, low-, and moderate -income
households that directly benefited from expenditures for onsite/offsite improvements which resulted in either new construction,
rehabilitation, or the elimination of health and safety hazards. (Note: If Line 4e of this schedule does not show expenditures for
improvements, no units should be reported here.)
Income
Level
Households
Constructed
Households
Rehabilitated
Households Benefiting
from Elimination of
Health and Safety Hazard
Duration of Deed Restriction
Very Low
Low
Moderate
14. If the agency is holding land for future housing development (refer to Line 8b), summarize the acreage (round to tenths, do not
report square footage), zoning, date of purchase, and the anticipated start date for the housing development.
Site Name/Location*
No. of
Acres
Zoning
Purchase
Date
Estimated Date
Available
Comments
Please attach a separate sheet of paper listing any additional sites not reported above.
15. Section 33334.13 requires agencies which have used the Housing Fund to assist mortgagors in a homeownership mortgage
revenue bond program, or home financing program described in that Section, to provide the following information:
a. Has your agency used the authority related to definitions of income or family size adjustment factors provided in Section
33334,13(a)?
Yes ❑ No ❑ Not Applicable
b. Has the agency complied with requirements in Section 33334.13(b) related to assistance for very low-income households
equal to twice that provided for above moderate -income households?
Yes ❑ No ❑ Not Applicable
California Redevelopment Agencies — Fiscal Year 2005-2006 HCD-C
Sch C (7/l/06) Page 5 of 10
Agency Name: La Quinta Redeyeloptnent Agency
16. Did the Agency use non-LMIHF fiinds as matching funds for the Federal HOME or HOPE program during the reporting period?
YES ❑ NO
If yes, please indicate the amount of non-LMIHF funds that were used for either HOME or HOPE program support.
HOME $ HOPE $
17. Pursuant to Section 33080.4(a)(11), the agency shall maintain adequate records to identify the date and amount of all LMIHF
deposits and withdrawals during the reporting period. To satisfy this requirement, the Agency should keep and make available
upon request any and all deposit and withdrawal information. DO NOT SUBMITANYDOCUMENTS/RECORDS.
Has your agency made any deposits to or withdrawals from the LMIHF? Yes ® No ❑
If yes, identify the document(s) describing the agency's deposits and withdrawals by listing for each document, the following
(attach additional pages of similar infonnation below as necessary):
Name of document (e.g. ledger, journal, etc.); _Expenditure Detail Report
Name of Agency Custodian (person): Louise West
Custodian's telephone number: _(760) 777-7055_
Place where record can be accessed: Finance Dept./City Hall
Name of document (e.g. ledger, journal, etc.): Revenue Detail Report
Name of Agency Custodian (person): Louise West
Custodian's telephone number: (760) 777-7055_
Place where record can be accessed: Finance Dept./City Hall.
18. Use of Other (non.Low-Mod Funds) Redevelopment Funds for Iloushi
Please briefly describe the use of any non-LMIHF redevelopment funds (i.e., contributions from the other 80% of tax increment
revenue or other non Low -Mod funds) to construct, improve, assist, or preserve housing in the conununity.
19. Suggestions/Resource bleeds
Please provide suggestions to simplify and improve future agency reporting and identify any training, information, and/or other
resources, etc. that would help your agency to more quickly and effectively use its housing or other funds to increase, improve,
and preserve affordable housing?
20. Annual Monitoring Reports of Previously Completed Affordable housing Proiects/Progranrs (II&SC 33418)
Were all Annual Monitoring Reports received for all prior years' affordable housing projects/programs? Yes ® No ❑
California Redevelopment Agencies— Fiscal Year 2005-2006 HCD-C
sch C (7/1/06) Page 6 of 10
Agency Name: La Qtlinta Re€leveiapinenc Agency
21. Excess Surplus Expenditure Plan (H&SC 33334.10(a)
Not Applicable
California Redevelopment Agencies— Fiscal Year 2005-2006 HCD-C
sch C (7/t/06) Page 7 of 10
Agency Name: quanta Redevelopment Agency
22. Footnote area to provide additional information.
California Redevelopment Agencies— Fiscal Year 2005-2006 HCD-C
Sch C (7/l/06) Page 8 of 10
SCHEDULE HCD-D1
GENERAL PROJECT/PROGRAM INFORMATION
For each different Project/Program (areatname/agy or nonage dev/rental or owner), complete a D1 and applicable D2 -D7.
Examples:
1: 25 minor rehab (Nonagy Dev): Area 1: 15 Owner; Area 2: 6 Rental; & Outside: 4 Rental. Complete 3 D -1s, & Ds3-4-5.
2: 20 sub rehab (nonrestricted): Area 3: 4 Agy Dev. Rentals; 16 Nonagy Dev. Rentals. Complete 2 D- Is & 2 D -5s.
3: 15 sub rehab (restricted): Area 4: 15 Nonagy Dev, Owner. Complete 1 D-1 & 1 D-3.
4: 10 new (Outside). 2 Agy Dev (restricted Rental), 8 Nonagy Dev (nonrestricted Owner) Complete 2 D- Is, 1 D-4, & 1 D-5.
Name of Redevelopment Agency: La Quinta Redevelopment Agency
Identify Project Area or specify "Outside": Project Area No. 1
General Title of Housing Project/Program: La Quinta Home Purchase LoanProgram
Project/Program Address (optional): Various In -Fill Lots
Street: City: ZIP:
Various La Quinta _
Owner Name (optional): various
Total Project/Program Units: #4 Restricted Units: #4 Unrestricted Units: #
For prolectsfprograms with no RDA assistance, do not complete any of below or anv of HCD D2-1713. Onlv commete HCD-D7.
Was this a federally assisted multi -family rental project [Gov't Code Section 65863.10(a)(3)]? ❑ YES ® NO
Number of units occupied by ineligible households (e.g. ineligible income/# of residents in unit) at FY end #0
Number of bedrooms occupied by ineligible persons (e.g. ineligible income/# of residents in unit) at FY end #0
Number of units restricted for special needs: (number must not exceed "Total Project Units') #3
Number of units restricted that are serving one or more Special Needs: #3 ❑ Check, if data not available
(Note: A unit may serve multiple "Special Needs" below. Sum of all the below can exceed the "Number of Units" above)
4 DISABLED (Mental) # FARMWORKER (Permanent) # TRANSITIONAL HOUSING
4 DISABLED (Physical) #3 FEMALE HEAD OF HOUSHOLD # ELDERLY
# FARMWORKER (Migrant) # LARGE FAMILY # EMERGENCY SHELTERS
(4 or more Bedrooms) (allowable use only with "Other Housing
Units Provided - Without LMIHF" Sch-26
Affnrdahility and/or Snecial Need Use Restriction Term (enter davlmonth/vear using dioitS_ e.a_ 07/01/20021 -
Replacement Housing Units Inclusionar Housing Units Other Housing Units Provided
With LMIHF Without LMIHF
Restriction Start Date 7/1/2006 to 6/30/2007 7/1/2006 to 6/30/2007
Restriction End Date 7/1/2051 to 6/30/2052 7/1/2051 to 6/30/2052
Perpetuity
Funding Sources:
Redevelopment Funds:
$ 342,0001
Federal Funds
$
State Funds:
$
Other Local Funds:
$
Private Funds:
$______.___
Owner's Equity:
$ _
TCAC/Federal Award:
$
TCAC/State Award:
$
Total Development/Purchase Cost:
$ 43 2,0001
Check all appropriate form(s) below that will be used to identify all of this Project's/Program's Units:
® Replacement Housing Units Inclusionary Units: Other Housing Units Provided:
(Sch HCD-D2) ❑ Inside Project Area (Sch HCD-D3) With LMIHF (Sch HCD-D5)
❑ Outside Project Area (Sch HCD-D4) ❑ Without LMIHF (Sch HCD-D6)
❑ No Agency Assistance (Sch HCD-D7)
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D1
Sch D1 (7/1/06)
SCHEDULE HCD-D1
GENERAL PROJECT/PROGRAM INFORMATION
For each different Project/Program (arealname/a9V or nonage devfrental or owner), complete a D1 and applicable D2 -D7.
Examples:
1: 25 minor rehab (Nonagy Dev): Area 1: 15 Owner, Area 2: 6 Rental; & Outside: 4 Rental. Complete 3 D -1s, & Ds3-4-5.
_2: 20 sub rehab (nonrestricted): Area 3: 4 Agy Dev. Rentals; 16 Nonagy Dev. Rentals. Complete 2 D -1s & 2 D -5s.
3: 15 sub rehab (restricted): Area 4: 15 Nonagy Dev, Owner. Complete 1 D-1 & 1 D-3.
4: 10 new (Outside). 2 Agy Dev (restricted Rental), 8 Nonagy Dev (nonrestricted Owner) Complete 2 D -1s, 1 D-4, & 1 D-5.
Name of Redevelopment Agency:
Identify Project Area or specify "Outside":
General Title of Housing Project/Program:
Project/Program Address (optional):
Street:
_Watercolors Senior Housing
Owner Name (optional): various
Total Project/Program Units: #58
La Quinta Redevelopment Agency
Project Area No. 2
La Quinta Home Purchase
Com: ZIP:
La Quinta 92253
Restricted Units: #58 Unrestricted Units: #
For proiectslproarams with no RDA assistance, do not complete any. of below or any of HCD 132-136. Only complete HCIJ-D7
Was this a federally assisted multi -family rental project [Gov't Code Section 65863.10(a)(3)]? ❑ YES ® NO
Number of units occupied by ineligible households (e.g. ineligible income/# of residents in unit) at FY end #0
Number of bedrooms occupied by ineligible persons (e.g. ineligible income/# of residents in unit) at FY end #0
Number of units restricted for special needs: (number must not exceed "Total Project Units') #58
Number of units restricted that are serving one or more Special Needs: #58 ❑ Check, if data not available
(Note: A unit may serve multiple "Special Needs" below. Sum of all the below can exceed the "Number of Units" above)
DISABLED (Mental) # FARMWORKER (Permanent) # TRANSITIONAL HOUSING
DISABLED (Physical) #
FARMWORKER (Migrant) #
FEMALE HEAD OF HOUSHOLD
LARGE FAMILY
(4 or more Bedrooms)
#58 ELDERLY
EMERGENCY SHELTERS
(allowable use only with "Other Housing
Units Provided - Without LMIHF" Sch-Di
Affordability and/or Special Need Use Restriction Term enter da !month! ear using digits, e.g. 07/0112002):
Re lacement Housing Units
Inclusionary Housing Units Other HousingUnits Provided
Federal Funds
With LMIHF
Without LMIHF
Restriction Start Date 7/1/2006 to 6/30/2007
7/1/2006 to 6/30/2007
$
Restriction End Date 7/1/2051 to 6/30/2052
7/1/2051 to 6/30/2052
Owner's Equity:
Perpetuity
TCAC/Federal Award:
$
Funding Sources:
Redevelopment Funds:
$ 4,723,8001
Federal Funds
$
State Funds:
$
Other Local Funds:
$
Private Funds:
$
Owner's Equity:
$
TCAC/Federal Award:
$
TCAC/State Award:
$
Total Development/Purchase Cost:
$ 4,723,800
Check all appropriate form(s) below that will be used to identify all of this Project's/Program's Units:
® Replacement Housing Units Inclusionary Units:
(Sch HCD-D2) ® Inside Project Area (Sch HCD-D3)
❑ Oulside Project Area (Sch HCD-D4)
California Redevelopment Agencies - Fiscal Year 2006-2007
Sch DI (7/1/06)
Other Housing Units Provided:
® With LMIHF (Sch HCD-D5)
❑ Without LMIHF (Sch HCD-D6)
❑ No Agency Assistance (Sch HCD-D7)
HCD-D1
SCHEDULE HCD-D2
REPLACEMENT HOUSING UNITS
(units not claimed on Schedule D-5,6,7)
(restricted units that fulfill requirement to replace previously destroyed or removed units)
Agency: La Quinta Redevelopment Agency
Redevelopment Project Area Name, or "Outside": Project Area No. 1
Affordable Housing Project Name: La Quinta Housing Program — Home Purchase Loan Program
Check only one:
® Inside Project Area
❑ Outside Project Area
Check only one. If both apply, complete a separate form for each (with another Sch D-1):
❑ Agency Developed ® Non-Agencv Developed
Check only one. If both apply, complete a separate form'for each (with another Sch D-1):
❑ Rental ® Owner -Occupied
Enter the number of restricted replacement units and bedrooms for each applicable activity below:
Note: `INELG" refers to a household that is no longer eligible but still a temporary resident and part of the total
A. New Construction:
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
Count of Bedroonis e..: i elderly, IDw 2 bdrin unit and 4 nonelderl low. 2 Iadt•m units = 10 low 2 bdrrns x 5
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG,
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
3 .I ❑ �.
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG.
3
B. Substantial Rehabilitation (Post 93/AB 1290 definition: increased value, inclusive of land, is >25%1,
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
1�7❑ 3 3 ❑ 3 ❑❑
Count of Bedrooms (e.g.: 1 elderly, mod, 1 bdrm unit and 2 nonelderly, mod. 1 bdrtn units = 3 mod (1 bdrnts x 3)
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
9 9
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG.
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D2
Sch D2 (7/1/06) Pagel of 2
Agency Name: La �uinta Redevelopinent Agents Housing Project Name: La Quinta HousinPres rani - Home
Purchase Loan Pro?
SCHEDULE HCD-D2
REPLACEMENT HOUSING UNITS (continued)
Note: "INELG" refers to a household that is no longer eligible but still a temporary resident and part of the total
C. Non -Substantial Rehabilitation ffulfilis Pre 914 Replacement Obligation):
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
L JI
Count of Bedrooms e..: 3 nonelderly, vlowv 3 bdrm units and 4 noneldgri 4 bdrin units TOTAL 25 bdrms
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG.
TOTAL UNITS (Add only TOTAL of all "Total Elderly / Non Elderly Units" not bedrooms): U
If TOTAL UNITS is less than "Total Project Units" on HCD Sch D1, report the renraining units as instructed below.
Check all appropriate form(s) listed below that will be used to identify remaining Project Units to be reported:
Inclusionary Units Other Housing Units Provided:
® Inside Project Area (Sch HCD-D3) ® With LMIHF (Sch HCD-D5)
❑ Outside Project Area (Sch HCD-D4) ❑ Without LMIHF (Sch HCD-D6)
❑ No Assistance (Sch HCD-DT)
Identify the number of Replacement Units which also have been counted as Inclusionary Units:
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
ET _ n❑
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D2
Sch D2 (7/1/06) Page 2 of 2
SCHEDULE HCD-D2
REPLACEMENT HOUSING UNITS
(units not claimed on Schedule D-5,6,7)
(restricted units that fulfill requirement to replace previously destroyed or removed units)
Agency: La Quinta Redevelopment Agency
Redevelopment Project Area Name, or "Outside": Project Area No. 2
Affordable Housing Project Name: La Quinta Housing Program — Home Purchase Loan Program
Check only one:
® Inside Project Area ❑ Outside Project Area
Check only one. If both apply, complete a separate form for each (with another Sch D-1):
❑ Agency Developed ® Non -Agency Developed
Check only one. If both apply, complete a separate form for each (with another Sch D-1):
❑ Rental ® Owner -Occupied
Enter the number of restricted_ replacement units and bedrooms for each applicable activity below:
Note: "INELG" refers to a household that is no longer eligible but still a temporary resident and part of the total
A. New Construction:
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG
15 11 26 ❑ ❑ 15 11 26
Count of Heil rooms (e.g.: 1 elderly, low, 2 hdrm unit and 4 nonelderly, In v. 2 Iadrin units = 101ow (2 bdrnis x 5)
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
20 4 24
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
15 30 45
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG.
35 34 69
B. Substantial Rehabilitation (Post 931AB 1290 definition: increased value, inclusive of land, is >25%):
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG
Count of Bedrooms (e.g.: i elderly, mod, 1 bdrm unit and 2 nenelderly, mod. 1 bdt to units = 3 mod (I bdrins x 3)
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG,
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG.
�Q
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D2
Sch D2 (7/li06) Pagel oft
Agency Name: La Quinta Redevelopment Agency, _ Housing Project Name: La Quinta Housing Program — Home
Purrbase Lean Program
SCHEDULE HCD-D2
REPLACEMENT HOUSING UNITS (continued)
Note: `INELG" refers to a household that is no longer eligible but still a temporary resident and part of the total
C. Nan -Substantial Rehabilitation (fulfills Pre 94 Replacement Obligation):
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG
I. p n
Count of Bedrooms (e.g.: 3 nonelderly, vlow, 3 bdrm units and 4 noneldcrly 4 bdrm units TOTAL 25_ bdrrns)
1 Bedroom Unit (1 x # of units) 2 Bedroom Unit (2 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
3 Bedroom Unit (3 x # of units) 4 or more Bedroom Unit (4 x # of units)
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
TOTAL (sum of all unit Bedrooms)
VLOW LOW MOD TOTAL INELG
TOTAL UNITS (Add only TOTAL of all "Total Elderly / Non Elderly Units" not bedrooms): 2ti
if TOTAL Ul1In is less than "Total Project Units" on MCD Sch Dl, relrnrt the rernainh)g units as instructed below.
Check all appropriate form(s) listed below that will be used to identify remaining Project Units to be reported:
Inclusionary Units Other Housing Units Provided:
® Inside Project Area (Sch HCD-D3) ® With LM1HF (Sch HCD-D5)
❑ Outside Project Area (Sch HCD-D4) ❑ Without Liv1IHF (Sch HCD-D6)
❑ No Assistance (Sch HCD-D7)
Identify the number of Replacement Units which also have been counted as Inclusionary Units:
Elderly Units Non Elderly Units Total Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG
❑ ❑ O
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D2
Sch D2 (7/1/06) Page 2 of 2
SCHEDULE HCD-D3
INCLUSIONARY HOUSING UNITS (INSIDE PROJECT AREA)
(units not claimed on Schedule D-4,5,6,7)
(units with required affordability restrictions that agency or community controls)
Agency: La Quinta Redevelopment Agency
Redevelopment Project Area Name, or "Outside": Project Area No. 2
Affordable Housing Project Name: La Quinta Housing Program — Home Purchase Loan Program2
Check only one. If both apply, complete a separate form for each (with another Sch-D1):
❑ Agency Developed ® Non -Agency Developed
Check only one. If both apply, complete a separate form for each (with another Sch-D1):
❑ Rental ® Owner-Occur)ied
Enter the number of units for each applicable activity below:
Note: `INELG" refers to a household that is no longer eligible but still a temporary resident and part of the total
A.
New Construction Units:
Elderly Units Non Elderly Units
TOTAL Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
VLOW LOW MOD TOTAL INELG
32 32
32
Of Total, identify the number aggregated from other project areas (see HCD-A(s), Item i=!],
B,
Substantial Rehabilitation [Post-931AB 1290 Definition of Value >25%: Credit for Obligations Since 1994):
Elderly Units Non Elderly Units
TOTAL Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
VLOW LOW MOD TOTAL INELG.
,�= -- 1=1F-1
Of Total, identify the number aggregated from other project areas (see HCD-A(s), Item 8):E=PF-1
C.
Other/Substantial Rehabilitation (Pre-941AB 1290 Definition: Credit for Obligations Between 1976 and 1994 :
Elderly Units Non Elderly Units
TOTAL Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
VLOW LOW MOD TOTAL INELG.
D.
Acquisition of Covenants Post-93/AB 12917 Reform: Only Multi -Family Vfow & Low & Other Restrictions):
Elderly Units Non Elderly Units
TOTAL Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
VLOW LOW MOD TOTAL INELG.
TOTAL UNITS (Add only TOTAL of all "TOTAL Elderly / Non Elderly Units„): 32
If TOTAL UNITS is less than "Total Project Units” on MCD Schedule DI, report the rennaining units as instructed below.
Check all appropriate form(s) listed below that will be used to identify remaining Project Units to be reported:
® Replacement Housing Units ❑ Inclusionary Units (Outside Project Area) Other Housing Units Provided:
(Sch HCD-D2) (Sch HCD-D4) With LMIHF (Sch HCD-D5)
❑ Without LMIHF (Sch HCD-D6)
❑ No Assistance (Sch HCD-D7)
Identify the number of Inclusionary Units which also have been counted as Replacement Units:
Elderly Units Non Elderly Units TOTAL Elderly & Non Elderly Units
VLOW LOW MOD TOTAL INELG VLOW LOW MOD TOTAL INELG. VLOW LOW MOD TOTAL INELG.
[ I I f-= L-- 0
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-D3
Sch D3 (7/1/06)
SCHEDULE HCD-E
CALCULATION OF INCREASE IN AGENCY'S INCLUSIONARY OBLIGATION
BASED ON SPECIFIED HOUSING ACTIVITY DURING THE REPORTING YEAR
Agency: La Quinta Redevelopment Agency
Name of Project or Area (it applicable, list "outside" or "Summary": Project Area No. 1
Complete this form to report activity separately by project or area or to summarize activity for the year.
Report all new construction and/or substantial rehabilitation units from Forms D2 through D7 that were:
(a) developed by the agency andlor (b) developed only in a project area by a nonagency person or entity.
NOTES:
1. Section 33413(b)(1), (2), and (4) require agencies to ensure that applicable percentages (30% or 15%) of
all (market -rate and affordable) "new and substantially rehabilitated dwelling units" are made available
at affordable housing cost within 10 year planning periods. Markel' -rate units: units not assisted with
lore -mod fiends and jurisdiction does not control affordability restrictions. Affordable units: units
generally restricted for the longest feasible time beyond the redevelopment plan's land use controls and
jurisdiction controls affordability restrictions. AMncy develyL)ed units: market -rate units can not exceed
70 percent and affordable units must be at least 30 percent; however, all units assisted with low -mod
funds must be affordable. Nonggency developed (project urea) units: market -rate units can not exceed
85 percent and affordable units must be at least 15 percent.
2. Production requirements may be met on a project -by -project basis or in aggregate within each 10 year
planning period. The percentage of affordable units relative to total units required within each 10 year
planning period may be calculated as follows:
AFFORDABLE units = Market -rale x (30 Dr. 1-5) TOTAL units= Market -rate or Affin-dable
(. 70 or. 85) (. 70 or .85) (30 or .15)
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-E
Sch E-1 (7/01/06)
PART I [H&SC Section 33413(b)(1)]
AGENCY DEVELOPED UNITS DURING THE REPORTING YEAR
BOTH INSIDE AND OUTSIDE OF A PROJECT AREA
1.
New Units Developed by the Agency
0
2.
Substantially Rehabilitated Units Developed by the Agency
0
3.
Subtotal - Baseline of Agencv Developed Units (add lines 1 & 2)
0
4.
Subtotal of Increased Inclusionary Obligation (Line 3 x 30%) (see Notes 1 and 2 below)
0
5.
Very -Low Inclusionary Obligation Increase Units (Line 4 x 50%)
Q
PART Il [H&SC Section 33413(b)(2)]
NONAGENCY DEVELOPED UNITS DURING THE REPORTING YEAR
ONLY INSIDE A PROJECT AREA
6.
New Units Developed by Any Nona envy Person or Entity
1
7.
Substantially Rehabilitated Units Developed by Any Nonagency Person or Entity
3
8.
Subtotal - Baseline of Nonagency Developed Units (add lines 6 & 7)
4
9.
Subtotal of Increased Inclusionary Obligation (Line 8 x 15%) (see Notes 1 and 2 below)
I
10.
Very -Low Inclusionary Obligation Increase (Line 9 x 40%)
1
PART III REPORTING YEAR TOTALS
11.
Total Increase in Inclusionary Obligation (add lines 4 and 9)
1
12.
Very -Lo Inclusionary Obligation Increase (add lines 5 and 10) (Line 12 is a subset of Line
11)
1
NOTES:
1. Section 33413(b)(1), (2), and (4) require agencies to ensure that applicable percentages (30% or 15%) of
all (market -rate and affordable) "new and substantially rehabilitated dwelling units" are made available
at affordable housing cost within 10 year planning periods. Markel' -rate units: units not assisted with
lore -mod fiends and jurisdiction does not control affordability restrictions. Affordable units: units
generally restricted for the longest feasible time beyond the redevelopment plan's land use controls and
jurisdiction controls affordability restrictions. AMncy develyL)ed units: market -rate units can not exceed
70 percent and affordable units must be at least 30 percent; however, all units assisted with low -mod
funds must be affordable. Nonggency developed (project urea) units: market -rate units can not exceed
85 percent and affordable units must be at least 15 percent.
2. Production requirements may be met on a project -by -project basis or in aggregate within each 10 year
planning period. The percentage of affordable units relative to total units required within each 10 year
planning period may be calculated as follows:
AFFORDABLE units = Market -rale x (30 Dr. 1-5) TOTAL units= Market -rate or Affin-dable
(. 70 or. 85) (. 70 or .85) (30 or .15)
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-E
Sch E-1 (7/01/06)
SCHEDULE HCD-E
CALCULATION OF INCREASE IN AGENCY'S INCLUSIONARY OBLIGATION
BASED ON SPECIFIED HOUSING ACTIVITY DURING THE REPORTING YEAR
Agency: La Quinta Redevelopment Agency
Name of Project or Area (if applicable, list "Outside" or "Summary": Project Area No. 2
Complete this form to report activity separately by project or area or to summarize activity for the year.
Report all new construction and/or substantial rehabilitation units from Forms D2 through D7 that were:
(a) developed by the agency and/or (b) developed only in a project area by a nonagency person or entity.
NOTES:
1. Section 33413(b)(1), (2), and (4) require agencies to ensure that applicable percentages (30% or 15%) of
all (market -rate and affordable) "new and substantially rehabilitated dwelling units" are made available
at affordable housing cost within 10 year planning periods. Market -rate units: units not assisted with
low-nzodfunds and jurisdiction does not control affordability restrictions. /Iffzrrlable units: units
generally restricted for the longest feasible time beyond the redevelopment plan's land use controls and
jurisdiction controls affordability restrictions. Agency developed units: nzarket-rate units can not exceed
70 percent and affordable units must be at least 30 percent; however, all units assisted with low -mod
funds must be affordable. Nonyelrcy developed (project area.) units: market -rate units can not exceed
85 percent and affordable units must be at least 15 percent.
2. Production requirements may be met on a project -by -project basis or in aggregate. within each 10 year
planning period. The percentage of affordable units relative to total units required within each 10 year
planning period may be calculated as follows:
AFFORDABLE units= Market -rate x (30 or .15) TOTAL units = Market -rale or A ' or dab
( 70 or. 8-5) ( 70 or. 85) (30 or .15)
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-E
Sch E-1 (7/01/06)
PART I [H&SC Section 33413(b)(1)]
AGENCY DEVELOPED UNITS DURING THE REPORTING YEAR
BOTH INSIDE AND OUTSIDE OF A PROJECT AREA
1.
New Units Developed by the Agency
0
2.
Substantially Rehabilitated Units Developed by the Agency
0
3.
Subtotal - Baseline of Agency Developed Units (add lines 1 & 2)
01
4.
Subtotal of Increased Inclusionary Obligation (Line 3 x 30%) (see Notes 1 and 2 below)
5.
Very -Low Inclusionary Obligation Increase Units (Line 4 x 50%)
0
PART II [H&SC Section 33413(b)(2)]
NONAGENCY DEVELOPED UNITS DURING THE REPORTING YEAR
ONLY INSIDE A PROJECT AREA
6.
New Units Developed by Any Nona eg_ncy_ Person or Entity
58
7.
Substantially Rehabilitated Units Developed by Any Nonagency Person or Entity
p
8.
Subtotal - Baseline of Nonagency Developed Units (add lines 6 & 7)
58
9.
Subtotal of Increased Inclusionary Obligation (Line 8 x 15%) (see Notes 1 and 2 below)
9
10.
Very -Law Inclusionary Obligation Increase (Line 9 x 400/101)
3
PART III REPORTING YEAR TOTALS
11.
12.
Total Increase in Inclusionary Obligation (add lines 4 and 9)
Very -Low Inclusionary Obligation Increase (add lines 5 and 10) (Line 12 is a subset of Line
11)
9
3
NOTES:
1. Section 33413(b)(1), (2), and (4) require agencies to ensure that applicable percentages (30% or 15%) of
all (market -rate and affordable) "new and substantially rehabilitated dwelling units" are made available
at affordable housing cost within 10 year planning periods. Market -rate units: units not assisted with
low-nzodfunds and jurisdiction does not control affordability restrictions. /Iffzrrlable units: units
generally restricted for the longest feasible time beyond the redevelopment plan's land use controls and
jurisdiction controls affordability restrictions. Agency developed units: nzarket-rate units can not exceed
70 percent and affordable units must be at least 30 percent; however, all units assisted with low -mod
funds must be affordable. Nonyelrcy developed (project area.) units: market -rate units can not exceed
85 percent and affordable units must be at least 15 percent.
2. Production requirements may be met on a project -by -project basis or in aggregate. within each 10 year
planning period. The percentage of affordable units relative to total units required within each 10 year
planning period may be calculated as follows:
AFFORDABLE units= Market -rate x (30 or .15) TOTAL units = Market -rale or A ' or dab
( 70 or. 8-5) ( 70 or. 85) (30 or .15)
California Redevelopment Agencies - Fiscal Year 2006-2007 HCD-E
Sch E-1 (7/01/06)