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HomeMy WebLinkAboutMINUTES - 09132016 - (3)    CALENDAR FOR THE BOARD OF COMMISSIONERS BOARD CHAMBERS ROOM 107, COUNTY ADMINISTRATION BUILDING 651 PINE STREET MARTINEZ, CALIFORNIA 94553-1229 CANDACE ANDERSEN, CHAIR MARY N. PIEPHO, VICE CHAIR JOHN GIOIA KAREN MITCHOFF FEDERAL D. GLOVER FAY NATHANIEL JANNEL GEORGE-ODEN JOSEPH VILLARREAL, EXECUTIVE DIRECTOR, (925) 957-8000 PERSONS WHO WISH TO ADDRESS THE BOARD DURING PUBLIC COMMENT OR WITH RESPECT TO AN ITEM THAT IS ON THE AGENDA, WILL BE LIMITED TO THREE (3) MINUTES. The Board Chair may reduce the amount of time allotted per speaker at the beginning of each item or public comment period depending on the number of speakers and the business of the day.  Your patience is appreciated.   A closed session may be called at the discretion of the Board Chair. Staff reports related to open session items on the agenda are also accessible on line at  www.co.contra-costa.ca.us. ANNOTATED AGENDA & MINUTES September 13, 2016                 1:30 P.M. Convene and call to order.   CONSIDER CONSENT ITEMS: (Items listed as C.1 through C.5 on the following agenda) - Items are subject to removal from the Consent Calendar by request from any Commissioner or on request for discussion by a member of the public. Items removed from the Consent Calendar will be considered with the Discussion Items.   DISCUSSION ITEMS   D. 1 CONSIDER Consent Items previously removed.    There were no consent items removed for discussion.   D. 2 PUBLIC COMMENT (3 Minutes/Speaker)   September 13, 2016 Contra Costa County Housing Authority 1  There were no requests to speak at Public Comment.     D.3   CONSIDER accepting report on the award of HUD-Veterans Affairs Supportive Housing vouchers to the Housing Authority from the U.S. Department of Housing and Urban Development.          Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT     D.4   CONSIDER accepting a report on the status of the Housing Authority's Rental Assistance Demonstration application to the U. S. Department of Housing and Urban Development for Las Deltas in North Richmond.          Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT   ADJOURN    Adjourned today's meeting at 1:40 p.m.   CONSENT ITEMS:     C.1   DENY claim filed by Mona Mansig.         Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE   September 13, 2016 Contra Costa County Housing Authority 2 Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT   C.2   ACCEPT the 1st Quarter (Unaudited) Budget Report for the period ending 6/30/2016.          Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT     C.3   RECEIVE the Housing Authority of the County of Contra Costa’s public housing rolling annual occupancy report for the period ending July 31, 2016.          Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT     C.4   ACCEPT the 4th Quarter (Unaudited) Budget Report for the period ending 3/31/2016.          Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT     C.5   APPROVE the recording of updated Declarations of Trust (DOT) for the Las Deltas and Las Deltas Annex I public housing developments.       September 13, 2016 Contra Costa County Housing Authority 3     Commissioner John Gioia AYE Commissioner Candace Andersen AYE Commissioner Mary N. Piepho AYE Commissioner Karen Mitchoff AYE Commissioner Federal D. Glover AYE Commissioner Fay Nathaniel ABSENT Commissioner Jannel George-Oden ABSENT     GENERAL INFORMATION   Persons who wish to address the Board of Commissioners should complete the form provided for that purpose and furnish a copy of any written statement to the Clerk.   All matters listed under CONSENT ITEMS are considered by the Board of Commissioners to be routine and will be enacted by one motion. There will be no separate discussion of these items unless requested by a member of the Board or a member of the public prior to the time the Commission votes on the motion to adopt. Persons who wish to speak on matters set for PUBLIC HEARINGS will be heard when the Chair calls for comments from those persons who are in support thereof or in opposition thereto. After persons have spoken, the hearing is closed and the matter is subject to discussion and action by the Board. Comments on matters listed on the agenda or otherwise within the purview of the Board of Commissioners can be submitted to the office of the Clerk of the Board via mail:  Board of Commissioners, 651 Pine Street Room 106, Martinez, CA 94553; by fax:  925-335-1913; or via the County’s web page: www.co.contracosta.ca.us, by clicking “Submit Public Comment” (the last bullet point in the left column under the title “Board of Commissioners.”) The County will provide reasonable accommodations for persons with disabilities planning to attend Board meetings who contact the Clerk of the Board at least 24 hours before the meeting, at (925) 335-1900; TDD (925) 335-1915. An assistive listening device is available from the Clerk, Room 106.  Copies of taped recordings of all or portions of a Board meeting may be purchased from the Clerk of the Board.  Please telephone the Office of the Clerk of the Board, (925) 335-1900, to make the necessary arrangements. Applications for personal subscriptions to the monthly Board Agenda may be obtained by calling the Office of the Clerk of the Board, (925) 335-1900. The monthly agenda may also be viewed on the County’s internet Web Page: www.co.contra-costa.ca.us The Closed session agenda is available each month upon request from the Office of the Clerk of the Board, 651 Pine Street, Room 106, Martinez, California, and may also be viewed on the County’s Web Page.    September 13, 2016 Contra Costa County Housing Authority 4 AGENDA DEADLINE: Thursday, 12 noon, 12 days before the Tuesday Board meetings. September 13, 2016 Contra Costa County Housing Authority 5 RECOMMENDATIONS ACCEPT report on the award of HUD-Veterans Affairs Supportive Housing vouchers to the Housing Authority from the U.S. Department of Housing and Urban Development. BACKGROUND None. Informational item only. FISCAL IMPACT The U.S. Department of Housing and Urban Development (HUD) has awarded the Housing Authority (HACCC) $442,272 in Federal Fiscal Year (FFY) 2016 funding to support 34 new vouchers under the HUD-Veterans Affairs Supportive Housing (HUD-VASH) program. CONSEQUENCE OF NEGATIVE ACTION HACCC currently houses 173 Veterans through the HUD-VASH program. This new allocation of 34 vouchers, combined with existing vouchers will permit HACCC and the VA to house over 220 Veterans through the VASH program. The VASH program is an important component in helping the County reach its Zero: 2106 goals. Zero: 2106 is a national campaign that aims to end veteran and chronic homelessness. HUD-VASH is a joint effort between HUD and the U.S. Department of Veterans Affairs (VA) designed to move Veterans and their families out of homelessness and into permanent housing. HUD provides Housing Choice Voucher (HCV) rental assistance, thus allowing homeless Veterans to rent privately-owned housing, and the VA Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: D.3 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:AWARD OF HUD-VETERANS AFFAIRS SUPPORTIVE HOUSING GRANTS September 13, 2016 Contra Costa County Housing Authority 6 CONSEQUENCE OF NEGATIVE ACTION (CONT'D) > offers case management and clinical services for participating Veterans at VA medical centers and community-based outreach clinics. The HUD-VASH program is for veterans who: Are eligible for VA health care services; Are chronically homeless, meaning homeless for a year or more or 4 or more times in the past 3 years; Have a history of medical, mental health or substance abuse problems that are now stabilized; Are ready for independent housing in the community, but need ongoing case management services to maintain it; Have some type of income to pay for their housing; Are motivated to improve the quality of their lives by working with a VA case manager; and Are actively participating in treatment through the VA for their conditions. To apply for the HUD-VASH program, Veterans should contact the VA Homeless Program at (925) 372-2061. The VA's HUD-VASH Admission Team will assess eligibility for the program. Eligible Veterans will then be referred by the VA to HACCC to obtain a voucher. HACCC will then determine if the Veteran meets HUD’s regulations for the HUD-VASH program. Veterans can also contact HACCC at (925) 957-7042 or (925) 957-7010 to be placed on a referral list that will be provided to the VA Homeless Program. CLERK'S ADDENDUM September 13, 2016 Contra Costa County Housing Authority 7 RECOMMENDATIONS ACCEPT report on the status of the Housing Authority's Rental Assistance Demonstration application to the U. S. Department of Housing and Urban Development for Las Deltas in North Richmond. BACKGROUND If final approval is received from the United States Department of Housing and Urban Development (HUD), the Housing Authority’s (HACCC) Rental Assistance Demonstration (RAD) application would convert all 214 public housing units into RAD project-based voucher (PBV) units. The RAD PBV subsidy for these units is expected to be worth approximately $288 million over the next 30 years. Because of the current vacancy rate at Las Deltas, over half of this money will not be received from HUD if the RAD conversion is not completed. III. REASONS FOR RECOMMENDATION/BACKGROUND As has been reported to the Board previously, HUD awarded the maximum number of units permitted by Congress under the RAD program several years ago and HACCC's remaining two RAD applications for Las Deltas had been placed in the bottom two tiers of HUD's RAD wait list along with applications for over 20,000 units nationwide. Staff had been told it would be at least a year, and probably longer, before HACCC's applications would come off the wait list. In response, staff began working with HUD's San Francisco field office to convince HUD's Washington staff that HACCC's four total applications (two were approved in March 2015) were part of one whole project and, therefore, must be consolidated in order to move the RAD conversion forward effectively. The proposed Las Deltas project Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: D.4 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:REPORT ON THE STATUS OF THE HOUSING AUTHORITY'S RENTAL ASSISTANCE DEMONSTRATION APPLICATION TO THE U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT F September 13, 2016 Contra Costa County Housing Authority 8 BACKGROUND (CONT'D) appears to be unique nationally and it has required staff to explain the project in detail to HUD staff at various approval levels. These efforts have paid off and HACCC's final two RAD applications received approvals on August 16, 2016. The Board should be aware that all RAD awards are conditional and will require dozens of further HUD approvals before the final conversion of Las Deltas public housing units to RAD is complete. That said, the conversion of the first 22 RAD units was signed off by HUD's Assistant Secretary last week, so this process has begun. It is expected that the total conversion of Las Deltas will take 2-3 years to complete. Attached are the two approval letters received from HUD. FISCAL IMPACT If final approval is received from the United States Department of Housing and Urban Development (HUD), the Housing Authority’s (HACCC) Rental Assistance Demonstration (RAD) application would convert all 214 public housing units into RAD project-based voucher (PBV) units. The RAD PBV subsidy for these units is expected to be worth approximately $288 million over the next 30 years. Because of the current vacancy rate at Las Deltas, over half of this money will not be received from HUD if the RAD conversion is not completed. CONSEQUENCE OF NEGATIVE ACTION None. Information item only. CLERK'S ADDENDUM ATTACHMENTS RAD update attachment 1 RAD PBV Awards Attachment 2 September 13, 2016 Contra Costa County Housing Authority 9 September 13, 2016 Contra Costa County Housing Authority 10 September 13, 2016 Contra Costa County Housing Authority 11 September 13, 2016 Contra Costa County Housing Authority 12 September 13, 2016 Contra Costa County Housing Authority 13 September 13, 2016 Contra Costa County Housing Authority 14 September 13, 2016 Contra Costa County Housing Authority 15 September 13, 2016 Contra Costa County Housing Authority 16 September 13, 2016 Contra Costa County Housing Authority 17 RECOMMENDATIONS DENY claim filed by Mona Mansig. BACKGROUND * FISCAL IMPACT No fiscal impact. Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: Joellen Balbas 925-335-1906 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: Stacey Boyd, Deputy cc: C.1 To:Contra Costa County Housing Authority Board of Commissioners From:David Twa, County Administrator Date:September 13, 2016 Contra Costa County Subject:Claims September 13, 2016 Contra Costa County Housing Authority 18 CLERK'S ADDENDUM ATTACHMENTS Housing Authority Claim_Mansig September 13, 2016 Contra Costa County Housing Authority 19 September 13, 2016Contra Costa County Housing Authority20 September 13, 2016Contra Costa County Housing Authority21 September 13, 2016Contra Costa County Housing Authority22 September 13, 2016Contra Costa County Housing Authority23 September 13, 2016Contra Costa County Housing Authority24 September 13, 2016Contra Costa County Housing Authority25 RECOMMENDATIONS ACCEPT the 1st Quarter (Unaudited) Budget Report for the period ending 6/30/2016. BACKGROUND This report is intended to provide the Board of Commissioners with an overview of the financial position of the Housing Authority of the County of Contra Costa (HACCC) for the 1st quarter period ending 6/30/2016. The report begins with a summary of HACCC’s overall fiscal standing at the end of the quarter. The overall numbers are then broken down by individual funds. Each fund overview includes a brief program summary and an explanation of the variance between budgeted and actual performance. AGENCY OVERVIEW: Budget Report Changes in HACCC's overall budget position for the first quarter are shown in the chart below. Activity in Section 8 Voucher and Housing Certificate programs had the most significant impact on HACCC's budget. Projected revenue increased by $716,478 is a result of utilization growth in the Section 8 Voucher Program and the Housing Certificate Shelter Plus Care program. The growth in the Section 8 Voucher Program is a result of new project-based units being brought online and new clients being called from the wait list. The growth in the Shelter Plus Care Program is a result increased utilization. Expenditures are projected to decrease by $49,559. The primary result for this decrease is a result of reduced operating cost in the Public Housing Program. Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.2 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:FY 2016-2017 1st QUARTER BUDGET REPORT September 13, 2016 Contra Costa County Housing Authority 26 BACKGROUND (CONT'D) HACC Agency Summary Annual Budget 1st Quarter Actual 6/30/16 Remaining FY Estimate Annual Total Variance Revenue $ 109,724,315 $ 28,147,557 $ 82,293,236 $ 110,440,793 $ 716,478 Expenditures $ 108,700,113 $ 27,125,470 $ 81,525,085 $ 108,650,554 $ 49,559 $ 1,024,202 $ 1,022,087 $ 768,151 $ 1,790,239 The net change to reserve totals for the end of the first quarter was a gain of $1,022,087. The net gain was a result of a increase to restricted reserves in the amount of $528,592 and unrestricted reserve of $493,496 as shown in the summary below. Analysis of Agency Reserves Beginning Balance 4/1/16 (Unaudited) 1st Quarter ending 6/30/16 (Unaudited) Reserve Balance period ending 6/30/16 (Unaudited) Total Reserves $ 15,365,819 $ 1,022,088 $ 16,387,907 Restricted Reserves Housing Choice Vouchers $ 5,223,994 $ 479,809 $ 5,703,803 Public Housing & Cap. Funds $ -0-$ -0-$ -0- State & Local Programs $ 1,884,156 $ 48,783 $ 1,932,939 Housing Certificates Programs $ -0-$ -0-$ -0- Total Restricted Reserves $ 7,108,150 $ 528,592 $ 7,636,742 Unrestricted Reserves Housing Choice Vouchers $ 4,063,501 $ 118,768 $ 4,182,269 Public Housing & Cap. Funds $ 1,099,548 $ 291,099 $ 1,390,647 State & Local Programs $ 3,089,730 $ 78,810 $ 3,165,540* Housing Certificates Programs $ 4,890 $ 6,819.$ 11,709 Total Unrestricted Reserves $ 8,257,669 $ 493,496 $ 8,751,165 * Does not include unfunded pension liability of $6.8 million. As a reminder, almost all reserves are restricted for use within each program. The designation of restricted or unrestricted reserves merely indicates that the funds are obligated for special use within the program (restricted) or that they can be used for any purpose tied to the program (unrestricted). The only reserves that can be used freely are unrestricted reserves within the State and Local Programs that are not tied to the tax credit properties. These reserves can be used to support any of HACCC’s programs. FUNDS OVERVIEW: Housing Choice Vouchers Program Summary - The HCV program provides assistance to families in the private rental market. HACCC qualifies families for the program based on income. These families find a home in the private rental market and HACCC provides them with a subsidy via a HAP contract with the property owner. HAP is paid by HACCC directly to the owner. Through its HCV program, HACCC is authorized to provide affordable housing assistance to a maximum of 6,891 families. However, prior to this fiscal year funding constraints prevented program utilization to 6,300 families. Summary of Difference Between Budgeted and Quarterly-End Estimate: Revenue –Projected revenue increase of $450,668 is a direct result of increase in utilization and funding. HUD increased the funding levels this calendar year (2016) by 6.1% or from 6,393 fundable units to 6,783. This will likely led to some issue's of under utilization due to the tight rental market, given the Authority will now only have less than six months to lease up. September 13, 2016 Contra Costa County Housing Authority 27 Expenditures-Projected increase of expenditures of $211,001 is a result of increased utilization. HAP expenditures were increased during the period by $297,105, but offset by savings in operating cost in the amount of $86,104. Vousing Choice Vouchers Annual Budget 1st Quarter Actual 6/30/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 89,735,463 $ 22,884,534 $ 67,301,597 $ 90,186,131 $ 450,668 Expenditures $ 88,299,824 $ 22,285,957 $ 66,224,868 $ 88,510,825 $ (211,001) $ 1,435,639 $ 598,577 $ 1,076,729 $ 1,675,306 Analysis of Program Reserves: Public Housing Operating and Capital Funds Program Summary - HACCC owns and manages 1,179 public housing units at 16 different sites throughout the County. Operating funds for these properties come from tenant rents as well as an operating subsidy received from HUD that is designed to cover the gap between rents collected from the low-income tenants and annual operating expenses. HUD allocates the Capital Fund annually via formula to approximately 3,200 housing authorities. Capital Fund grants may be used for development, financing, modernization, and management improvements within public housing. Summary of Difference Between Budgeted and Quarterly-End Estimate: Revenue – The projected reduction in revenue of $217.723 was primarily related to capital funds not obligated to date. Expenditures - The projected reduction in expenditures of $564,682 is a result of unobligated capital funds and insurance reimbursement of $343,000 and operational savings of $221,682. Public Housing Operating and Capital Fund Annual Budget 1st Quarter Actual 6/33/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 10,934,181 $ 2,515,822 $ 8,200,636 $ 10,716,458 $ (217,723) Expenditures $ 11,157,618 $ 2,224,723 $ 8,368,214 $ 10,592,937 $ 564,682 $ (223,438)$ 291,099 $ (167,578)$ 123,521 Analysis of Program Reserves: Public Housing & Capital Fund Beginning Balance 4/1/16 (Unaudited) 1st Quarter 6/30/16 (Unaudited) Reserve Balance period ending 6/30/16 (Unaudited) Restricted Reserves $ -0-$ -0-$ -0- Unrestricted Reserves $ 1,099,548 $ 291,099 $ 1,390,647 Total Reserves $ 1,099,548 $ 291,099 $ 1,390,647 Housing Choice Vouchers Beginning Balance 4/1/16 (Unaudited) 1st Quarter 6/30/16 (Unaudited) Reserve Balance period ending 6/30/16 (Unaudited) Restricted Reserves $ 5,223,994 $ 479,809 $ 5,703,803 Unrestricted Reserves $ 4,063,501 $ 118,768 $ 4,182,269 Total Reserves $ 9,287,495 $ 598,577 $ 9,886,072 September 13, 2016 Contra Costa County Housing Authority 28 State and Local Programs Program Summary - HACCC administers a variety of programs and activities that are either not funded by HUD or that involve non-restricted HUD funds. Currently, HACCC is the managing general partner for two tax credit projects (DeAnza Gardens & Casa Del Rio) and also has a contract with the City of Antioch to run their rental rehabilitation program. HACCC receives management fees for administering the Public Housing and HCV programs under HUD’s asset-management model. In addition, the State and Local Program manages the employee pension benefit program. Summary of Difference between Budgeted and Quarterly-End Estimate: Revenue –The projected increase in revenue of $129,353 was primarily a result of increase in management fees earned ($95,391) due to increased utilization in the voucher program. Additionally, the authority qualified for asset management fees ($38,000) due to the authority generating excess cash in the public housing program. Expenditures - The $88,920 variance is a result of staff turnover. State & Local Programs Annual Budget 1st Quarter Actual 6/30/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 5,372,185 $ 1,472,399 $ 4,029,139 $ 5,501,537 $ 129,353 Expenditures $ 5,556,335 $ 1,346,807 $ 4,167,251 $ 5,514,058 $ 42,277 $ (184,150)$ 125,592 $ (138,113)$ (12,520) Analysis of Reserves: State & Local Programs Beginning Balance 4/1/16 (Unaudited) 1st Quarter 6/30/16 (Unaudited) Reserve Balance Period ending 6/30/16 (Unaudited) Restricted Reserves $ 1,884,156 $ 48,783 $ 1,932,939 Unrestricted Reserves $ 3,089,730 $ 76,810 $ 3,166,540* Total Reserves $ 4,973,886 $ 125,593 $ 5,099,479 * does not include the unfunded pension liability of 6.8 million. Housing Certificate Programs Program Summary - HACCC administers two separate Housing Certificate Programs; Shelter Plus Care and Moderate Rehabilitation (Mod Rehab). The Shelter-Plus Care Program provides rental assistance for hard-to-serve homeless persons with disabilities in connection with supportive services funded from sources outside the program. HACCC assists approximately 285 clients under this program. The Mod Rehab program was designed in 1978 as an expansion of the rental certificate program. Mod Rehab was designed to provide low-cost loans for the rehabilitation of rental units in an effort to upgrade and preserve the nation's housing stock. In return, the owner agreed to provide long-term affordable housing for low income families. The program was repealed in 1991 and no new projects are authorized for development. HACCC administers 28 Mod Rehab units. Summary of Difference Between Budgeted and Quarter-End Estimate: Revenue & Expenditure -The projected increase of $354,181 is an increase to revenue and an increase HAP expense. This amount is result of increased funding from HUD to the certificate programs. The $7,782 increase (difference between revenue increase of $354,181 and expenditures of $-346,399) in expenditure is a result of higher operations costs. Housing Certificate Programs Annual Budget 1st Quarter Actual 6/30/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 3,682,487 $ 1,274,802 $ 2,761,865 $ 4,036,667 $ 354,181 Expenditures $ 3,686,336 $ 1,267,983 $ 2,764,752 $ 4,032,735 $ (346,399) September 13, 2016 Contra Costa County Housing Authority 29 $ (3,849)$ 6,819 $ (2,887)$ 3,932 Analysis of Reserves: Housing Certificate Programs Beginning Balance 4/1/16 (Unaudited) 1st Quarter 6/30/16 (Unaudited) Reserve Balance period ending 6/30/16 (Unaudited) Restricted Reserves $ -0-$ -0-$ -0- Unrestricted Reserves $ 4,890 $ 6,819 $ 11,709 Total Reserves $ -0-$ 6,819 $ 11,709 CONSEQUENCE OF NEGATIVE ACTION None. Information item only. CLERK'S ADDENDUM September 13, 2016 Contra Costa County Housing Authority 30 RECOMMENDATIONS RECEIVE the Housing Authority of the County of Contra Costa’s public housing rolling annual occupancy report for the period ending July 31, 2016. BACKGROUND Attached are the Housing Authority of the County of Contra Costa’s (HACCC's) rolling annual public housing occupancy report for the period ending July 31, 2016, and the accompanying leasing trend report for the same period. The occupancy report shows the percentage of each individual property that is leased at the end of a given month. These are then subtotaled separately for all properties except North Richmond and for North Richmond alone before being combined to show HACCC's overall occupancy percentage. North Richmond is shown separately because staff is in the process of applying to HUD to remove that property from HACCC's public housing portfolio. The trend report shows the sum of the number of new leases signed in a given month minus the number of new vacancies. A positive number shows that the occupancy rate increased during that period, a negative number indicates a decline. For reference, the U.S. Department of Housing and Urban Development (HUD) annually evaluates a public housing authority’s (PHA) management of its public housing program using four indicators, referred to collectively as the Public Housing Assessment System (PHAS). The management operations indicator is worth 25 points. Of these 25 points, the occupancy rate sub-indicator is worth 16 points. Occupancy points are assigned as follows: Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.3 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:PUBLIC HOUSING ROLLING ANNUAL OCCUPANCY REPORT FOR THE PERIOD ENDING JULY 31, 2016 September 13, 2016 Contra Costa County Housing Authority 31 BACKGROUND (CONT'D) > ≥98%16 Points < 98% but ≥ 96%12 Points < 96% but ≥ 94%8 Points < 94% but ≥ 92%4 Points < 92% but ≥ 90%1 Point < 90%0 Points HUD considers a PHAs entire portfolio when assigning points for the occupancy sub-indicator. FISCAL IMPACT None. For reporting purposes only. CONSEQUENCE OF NEGATIVE ACTION None information item only. CLERK'S ADDENDUM ATTACHMENTS Unit Turnover July 2016 September 13, 2016 Contra Costa County Housing Authority 32 DEVELOPMENT No of Units Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Avg. Occup. Rates Alhambra Terrace, Martinez 50 100.00% 98.00% 98.00% 98.00% 98.00% 96.00% 96.00% 98.00% 98.00% 96.00% 98.00% 98.00% 97.67% Bridgemeont, Antioch 34 91.18% 94.12% 97.06% 97.06% 94.12% 94.12% 94.12% 94.12% 94.12% 94.12% 97.06% 91.18% 94.36% Los Nogales, Brentwood 44 97.73% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 97.73% 99.62% El Pueblo, Pittsburg 172 99.42% 99.42% 99.42% 98.84% 98.84% 97.67% 96.51% 97.09% 97.67% 97.09% 98.26% 97.67% 98.16% Los Arboles, Oakley 30 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 96.67% 99.72% Bay Vista, Rodeo 242 96.28% 96.69% 96.28% 96.28% 95.04% 95.45% 96.28% 96.28% 95.87% 95.87% 95.87% 97.11% 96.11% Hacienda, Martinez 50 100.00% 100.00% 100.00% 100.00% 96.00% 96.00% 96.00% 94.00% 98.00% 96.00% 98.00% 100.00% 97.83% Casa de Manana, Oakley 40 100.00% 100.00% 100.00% 100.00% 97.50% 97.50% 92.50% 100.00% 100.00% 100.00% 100.00% 100.00% 98.96% Casa de Serena, Bay Point 50 100.00% 100.00% 100.00% 100.00% 100.00% 98.00% 98.00% 96.00% 94.00% 94.00% 94.00% 94.00% 97.33% Elder Winds, Antioch 100 100.00% 100.00% 100.00% 100.00% 99.00% 99.00% 98.00% 97.00% 98.00% 97.00% 98.00% 97.00% 98.58% Vista Del Camino, San Pablo 100 100.00% 99.00% 99.00% 99.00% 99.00% 100.00% 100.00% 100.00% 100.00% 100.00% 99.00% 99.00% 99.50% Kidd Manor, San Pablo 41 100.00% 100.00% 100.00% 97.56% 100.00% 97.56% 100.00% 100.00% 100.00% 97.56% 100.00% 97.56% 99.19% Occup. Rate without N. Richmond 953 98.53% 98.64% 98.64% 98.43% 97.69% 97.38% 97.17% 97.38% 97.59% 97.06% 97.69% 97.38%97.80% Las Deltas, Richmond 72 36.11% 36.11% 36.11% 36.11% 36.11% 36.11% 36.11% 36.11% 34.72% 34.72% 34.72% 34.72% 35.65% Las Deltas, Richmond 84 58.33% 58.33% 58.33% 58.33% 58.33% 58.33% 58.33% 57.14% 57.14% 57.14% 55.95% 54.76% 57.54% Las Deltas, Richmond 54 46.30% 46.30% 42.59% 42.59% 40.74% 40.74% 40.74% 40.74% 40.74% 40.74% 40.74% 38.89% 41.82% N. Richmond Occup. Rate 210 47.62% 47.62% 46.67% 46.67% 46.19% 46.19% 46.19% 45.71% 45.24% 45.24% 44.76% 43.81%45.99% Occup. Rate with N. Richmond 1163 89.34% 89.42% 89.25% 89.08% 88.39% 88.13% 87.96% 88.05% 88.13% 87.70% 88.13% 87.70%88.44% DEVELOPMENT Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Total Alhambra Terrace, Martinez 1 0 0 0 0 0 0 1 0 0 1 0 3 Bridgemeont, Antioch 0 2 1 0 0 0 0 0 0 0 2 0 5 Los Nogales, Brentwood 1 1 0 0 0 0 0 0 0 0 0 0 2 El Pueblo, Pittsburg 0 0 0 2 0 2 0 2 1 0 5 1 13 Los Arboles, Oakley 0 0 0 0 0 0 0 0 0 0 0 0 0 Bay Vista, Rodeo 5 3 0 0 1 4 3 1 0 0 4 3 24 Hacienda, Martinez 0 0 0 0 0 1 0 0 2 1 1 1 6 Casa de Manana, Oakley 1 0 0 0 1 0 0 3 0 0 0 0 5 Casa de Serena, Bay Point 0 0 1 0 0 0 0 1 0 0 2 1 5 Elder Winds, Antioch 4 0 0 0 0 1 0 0 2 1 1 2 11 Vista Del Camino, San Pablo 0 0 0 2 1 1 0 1 0 0 0 1 6 Kidd Manor, San Pablo 0 0 0 0 1 0 0 0 0 0 1 0 2 Total without N. Richmond 12 6 2 4 4 9 3 9 5 2 17 9 82 Las Deltas, Richmond 0 0 0 0 0 0 0 0 0 0 0 0 0 Las Deltas, Richmond 0 0 0 0 0 0 0 0 0 0 0 0 0 Las Deltas, Richmond 0 0 0 0 0 0 0 0 0 0 0 0 0 N. Richmond Total 0 0 0 0 0 0 0 0 0 0 0 0 0 Total with N. Richmond 12 6 2 4 4 9 3 9 5 2 17 9 82 2015-16 Housing Authority of the County of Contra Costa Annual Occupancy Rates 2015-16 Housing Authority of the County of Contra Costa Annual Trend (New Lease) September 13, 2016 Contra Costa County Housing Authority 33 RECOMMENDATIONS ACCEPT the 4th Quarter (Unaudited) Budget Report for the period ending 3/31/2016. BACKGROUND This report is intended to provide the Board of Commissioners with an overview of the financial position of the Housing Authority of the County of Contra Costa (HACCC) for the 4th quarter period ending 3/31/2016. The report begins with a summary of HACCC’s overall fiscal standing at the end of the quarter. The overall numbers are then broken down by individual funds. Each fund overview includes a brief program summary and an explanation of the variance between budgeted and actual performance. AGENCY OVERVIEW: Budget Report Changes in HACCC's overall budget position for the fourth quarter are shown in the chart below. Activity in Section 8 voucher program (HCV) had the most significant impact on HACCC's budget. Projected revenue increased by $6,063,802 and was primarily a result of HCV utilization growth. The growth is a result of new project-based units being brought online and new clients being called from the wait list. The increased revenues was funded through the HUD-held restricted reserves with a current balance of $5,712,651. Expenditures increased overall by $2,693,260 as a result of increased growth in HCV program, which over shadowed a savings in operating expenditure of $469,745. Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.4 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:FY 2015-2016 4th QUARTER BUDGET REPORT September 13, 2016 Contra Costa County Housing Authority 34 BACKGROUND (CONT'D) > HACC Agency Summary Annual Budget 4th Quarter Actual 3/31/16 Remaining FY Estimate Annual Total Variance Revenue $ 104,372,487 $ 110,436,289 $ -0-$ 110,436,289 $ 6,063,802 Expenditures $ 105,721,640 $ 108,414,900 $ -0-$ 108,414,900 $(2,693,260) $ (1,349,153)$ 2,021,389 $ -0-$ 2,021,389 The net change to reserve totals for the end of the fourth quarter was a gain of $2,021,389. The net gain was a result of a increase to unrestricted reserve in the amount of $1,882,522 and $138,868 in restricted reserves as shown in the summary below. Analysis of Agency Reserves Beginning Balance 4/1/15 (Unaudited) 4th Quarter ending 3/31/16 (Unaudited) Reserve Balance period ending 3/31/16 (Unaudited) Total Reserves $ 13,913,342 $ 2,021,390 $ 15,934,732 Restricted Reserves Housing Choice Vouchers $ 5,524,220 $ 188,431 $ 5,712,651 Public Housing & Cap. Funds $ -0-$ -0-$ -0- State & Local Programs $ 1,933,719 $ ( 49,563)$ 1,884,156 Housing Certificates Programs $ -0-$ -0-$ -0- Total Restricted Reserves $ 7,457,939 $ 138,868 $ 7,596,807 Unrestricted Reserves Housing Choice Vouchers $ 3,058,940 $ 928,221 $ 3,987,161 Public Housing & Cap. Funds $ 803,588 $ 452,345 $ 1,255,933 State & Local Programs $ 2,592,875 $ 496,855 $ 3,089,730* Housing Certificates Programs $ -0-$ 5,101 $ 5,101 Total Unrestricted Reserves $ 6,455,403 $ 1,882,522 $ 8,337,925 * Does not include unfunded pension liability of $6.8 million. As a reminder, almost all reserves are restricted for use within each program. The designation of restricted or unrestricted reserves merely indicates that the funds are obligated for special use within the program (restricted) or that they can be used for any purpose tied to the program (unrestricted). The only reserves that can be used freely are unrestricted reserves within the State and Local Programs that are not tied to the tax credit properties. These reserves can be used to support any of HACCC’s programs. FUNDS OVERVIEW: Housing Choice Vouchers Program Summary - The HCV program provides assistance to families in the private rental market. HACCC qualifies families for the program based on income. These families find a home in the private rental market and HACCC provides them with a subsidy via a HAP contract with the property owner. HAP is paid by HACCC directly to the owner. Through its HCV program, HACCC is authorized to provide affordable housing assistance to a maximum of 6,783 families. However, due to funding constraints, the program is only able to support approximately 6,300 families currently. Summary of Difference Between Budgeted and Quarterly-End Estimate: September 13, 2016 Contra Costa County Housing Authority 35 Summary of Difference Between Budgeted and Quarterly-End Estimate: Revenue – While funding constraints do not currently allow HACCC to lease all 6,783 units it has been allocated, the number of HCV units under contract has increased to an average leasing level of 6,371. The net variance of $4,937,794 was a result of an increase in HAP funding in the amount of $4,599,337 and increase administrative fees in the amount of $338,457 as a result of increased number of units under contract. Expenditures – As stated above, expenditures are on pace with the increase in revenue. However, due to savings in operating expenditures the variance is down to $3,163,007. Housing Choice Vouchers Annual Budget 4th Quarter Actual 3/31/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 84,931,760 $ 89,869,554 $ -0-$ 89,869,554 $ 4,937,794 Expenditures $ 85,589,875 $ 88,752,882 $ -0-$ 88,752,882 $ (3,163,007) $ (658,115)$ 1,116,672 $ -0-$ 1,116,672 Analysis of Program Reserves: Public Housing Operating and Capital Funds Program Summary - HACCC owns and manages 1,179 public housing units at 16 different sites throughout the County. Operating funds for these properties come from tenant rents as well as an operating subsidy received from HUD that is designed to cover the gap between rents collected from the low-income tenants and annual operating expenses. HUD allocates the Capital Fund annually via formula to approximately 3,200 housing authorities. Capital Fund grants may be used for development, financing, modernization, and management improvements within public housing. Summary of Difference Between Budgeted and Quarterly-End Estimate: Revenue – The variance of $438,208 was primarily related to increase in tenant rent levels due to reduced vacancies and increases in tenant income. Expenditures - The variance of $271,951 is a result of reduced operating cost during the period. Public Housing Operating and Capital Fund Annual Budget 4th Quarter Actual 3/31/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 10,324,043 $ 10,762,251 $ -0-$ 10,762,251 $ 438,208 Expenditures $ 10,581,858 $ 10,309,907 $ -0-$ 10,309,907 $ 271,951 $ (257,815)$ 452,344 $ -0-$ 452,344 Housing Choice Vouchers Beginning Balance 4/1/15 (Unaudited) 4th Quarter 3/31/16 (Unaudited) Reserve Balance period ending 3/31/16 (Unaudited) Restricted Reserves $ 5,524,220 $ 188,431 $ 5,712,651 Unrestricted Reserves $ 3,058,940 $ 928,221 $ 3,987,161 Total Reserves $ 8,583,160 $ 1,116,652 $ 9,699,812 September 13, 2016 Contra Costa County Housing Authority 36 Analysis of Program Reserves: Public Housing & Capital Fund Beginning Balance 4/1/15 (Unaudited) 4th Quarter 3/31/16 (Unaudited) Reserve Balance period ending 3/31/16 (Unaudited) Restricted Reserves $ -0-$ -0-$ -0- Unrestricted Reserves $ 803,588 $ 452,345 $ 1,255,933 Total Reserves $ 803,588 $ 452,345 $ 1,255,933 State and Local Programs Program Summary - HACCC administers a variety of programs and activities that are either not funded by HUD or that involve non-restricted HUD funds. Currently, HACCC is the managing general partner for two tax credit projects (DeAnza Gardens & Casa Del Rio) and also has a contract with the City of Antioch to run their rental rehabilitation program. HACCC receives management fees for administering the Public Housing and HCV programs under HUD’s asset-management model. In addition, the State and Local Program manages the employee pension benefit program. Summary of Difference between Budgeted and Quarterly-End Estimate: Revenue –The variance of $753,163 was primarily a result of increase in management fees earned due to increased utilization in the voucher and shelter plus care programs, increased rents in the tax credit properties, and the close out of a pending insurance claim. Expenditures - The $88,920 variance is a result of staff turnover. State & Local Programs Annual Budget 4th Quarter Actual 3/31/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 5,272,282 $ 6,025,445 $ -0-$ 6,025,445 $ 753,163 Expenditures $ 5,667,073 $ 5,578,153 $ -0-$ 5,578,153 $ 88,920 $ (394,791)$ 447,292 $ -0-$ 447,292 Analysis of Reserves: State & Local Programs Beginning Balance 4/1/15 (Unaudited) 4th Quarter 3/31/16 (Unaudited) Reserve Balance Period ending 3/31/16 (Unaudited) Restricted Reserves $ 1,933,719 $ (49,563)$ 1,884,156 Unrestricted Reserves $ 2,592,875 $ 496,855 $ 3,089,730* Total Reserves $ 4,526,594 $ 447,292 $ 4,973,886 * does not include the unfunded pension liability of 6.8 million. Housing Certificate Programs Program Summary - HACCC administers two separate Housing Certificate Programs; Shelter Plus Care and Moderate Rehabilitation (Mod Rehab). The Shelter-Plus Care Program provides rental assistance for hard-to-serve homeless persons with disabilities in connection with supportive services funded from sources outside the program. HACCC assists approximately 285 clients under this program. The Mod Rehab program was designed in 1978 as an expansion of the rental certificate program. Mod Rehab was designed to provide low-cost loans for the rehabilitation of rental units in an effort to upgrade and preserve the nation's housing stock. In return, the owner agreed to provide long-term affordable housing for low income families. The program was repealed in 1991 and no new projects are authorized for development. HACCC administers 28 Mod Rehab units. September 13, 2016 Contra Costa County Housing Authority 37 authorized for development. HACCC administers 28 Mod Rehab units. Summary of Difference Between Budgeted and Quarter-End Estimate: Revenue-The $65,342 variance in revenue is a result of decreased Federal funding for rent payments (HAP) and is also the primary cause of $108,874 reduction in expenditures. Expenditure- The $108,874 variance in expenditure is primarily the reduction of HAP as outline above, the remaining $43,532 savings is labor cost due to staff turnover. Housing Certificate Programs Annual Budget 4th Quarter Actual 3/31/16 (Unaudited) Remaining FY Estimate Annual Total Variance Revenue $ 3,844,402 $ 3,779,060 $ -0-$ 3,779,060 $ (65,342) Expenditures $ 3,882,833 $ 3,773,959 $ -0-$ 3,773,959 $ 108,874 $ (38,431)$ 5,101 $ -0-$ 5,101 Analysis of Reserves: Housing Certificate Programs Beginning Balance 4/1/15 (Unaudited) 4th Quarter 3/31/16 (Unaudited) Reserve Balance period ending 3/31/16 (Unaudited) Restricted Reserves $ -0-$ -0-$ -0- Unrestricted Reserves $ -0-$ 5,101 $ 5,101 Total Reserves $ -0-$ 5,101 $ 5,101 FISCAL IMPACT None. Information item only. CONSEQUENCE OF NEGATIVE ACTION None. Information item only. CLERK'S ADDENDUM September 13, 2016 Contra Costa County Housing Authority 38 RECOMMENDATIONS APPROVE the recording of updated Declarations of Trust (DOT) for the Las Deltas and Las Deltas Annex I public housing developments. BACKGROUND On April 12, 2016, the Board approved the recording of updated DOTs for all of HACCC's properties except Las Deltas and Las Deltas Annex I. The DOTs for Las Deltas were not brought before the Board for approval in April as staff were still working to finalize the unit configuration for each of the three DOTs for these properties. That process is concluded and the new DOTs are now ready to be recorded. The DOT is a legal instrument that grants the U.S. Department of Housing and Urban Development (HUD) an interest in a public housing property. It provides public notice that the property must be operated in accordance with all federal public housing requirements, including the requirement not to convey or otherwise encumber the property unless expressly authorized by federal law and/or HUD. The need for housing authorities (PHAs) to ensure a current DOT is recorded against all property that has been acquired, developed, maintained or assisted with funds authorized by the U.S. Housing Act of 1937 (Act) is required by the Act, HUD regulations and the Annual Contributions Contract (ACC), which is attached to HUD funding. Notwithstanding this requirement, HUD has increasingly been finding that, in many instances, PHAs may be unaware that the original DOT recorded against the property (at acquisition or development) has expired with the Action of Board On: 09/13/2016 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, Commissioner Candace Andersen, Commissioner Mary N. Piepho, Commissioner Karen Mitchoff, Commissioner Federal D. Glover, Commissioner ABSENT:Fay Nathaniel, Commissioner Jannel George-Oden, Commissioner Contact: 925-957-8028 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: September 13, 2016 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: C.5 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:September 13, 2016 Contra Costa County Subject:DECLARATION OF TRUST UPDATES FOR LAS DELTAS AND LAS DELTAS ANNEX I September 13, 2016 Contra Costa County Housing Authority 39 BACKGROUND (CONT'D) repayment and/or forgiveness of development funds. However, if these developments have continued, and will continue, to receive assistance under the Act, federal law requires that PHAs record current DOTs against them. In addition to being an ongoing federal requirement, it is important for PHAs to maintain current DOTs against their public housing properties for other reasons, including: (a) to ensure the accuracy of HUD subsidy calculations and payments under the Operating Fund and Capital Fund; and (b) to expedite HUD’s processing and approvals of other federal public housing programs (e.g., Capital Fund Finance Program (CFFP) and Operating Fund Financing Program (OFFP) under Section 30 of the Act, mixed finance development under 24 CFR§ 941 Subpart F, and dispositions under Section 18 of the Act). In HACCC's case, ensuring that the DOTs are updated properly will help expedite the RAD disposition of all or part of Las Deltas in North Richmond and will also ensure that future dispositions are not hung up due to the lack of a current DOT. If the Board votes to approve this item, HACCC will submit updated DOTs to the County Recorder's Office. FISCAL IMPACT There is no financial impact for the recording of the Declarations of Trust for HACCC properties. CONSEQUENCE OF NEGATIVE ACTION Should the Board of Commissioners not approve the request to update the Declarations of Trust for the Las Deltas and Las Deltas Annex I public housing development, HUD may take whatever action it deems necessary and appropriate, including, but not limited to, the following actions: (A) temporarily withhold cash payments pending correction of the deficiency by the PHA; (B) disallow all or part of the cost of the activity or action not in compliance; (C) wholly or partly suspend or terminate the current award for the PHA’s program; (D) require that some or all of the grant amounts be remitted to HUD; (E) condition a future grant and elect not to provide future grant funds to the PHA until appropriate actions are taken to ensure compliance; (F) withhold further awards for the program, or (G) take other remedies that may be legally available. CLERK'S ADDENDUM ATTACHMENTS DOT CA011006 CA011009a CA011009b September 13, 2016 Contra Costa County Housing Authority 40 September 13, 2016Contra Costa County Housing Authority41 September 13, 2016Contra Costa County Housing Authority42 September 13, 2016Contra Costa County Housing Authority43 September 13, 2016Contra Costa County Housing Authority44 September 13, 2016Contra Costa County Housing Authority45 September 13, 2016Contra Costa County Housing Authority46 September 13, 2016Contra Costa County Housing Authority47 September 13, 2016Contra Costa County Housing Authority48 September 13, 2016Contra Costa County Housing Authority49 September 13, 2016Contra Costa County Housing Authority50 September 13, 2016Contra Costa County Housing Authority51 September 13, 2016Contra Costa County Housing Authority52 September 13, 2016Contra Costa County Housing Authority53 September 13, 2016Contra Costa County Housing Authority54 September 13, 2016Contra Costa County Housing Authority55 September 13, 2016Contra Costa County Housing Authority56