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HomeMy WebLinkAboutMINUTES - 11052013 - HA SD.2RECOMMENDATIONS ACCEPT report on the status of the Housing Authority's energy performance contract and public housing operating subsidy. BACKGROUND On March 12, 2013 the Board received a presentation from Michael Levinson of Group 14 Engineering and Rich Sissick of R. Sissick Consulting, Inc., regarding the Housing Authority's (HACCC) efforts to maximize the subsidies received from the United States Department of Housing and Urban Development (HUD) for the agency's existing energy performance contract (EPC). Implemented in 2003, HACCC's EPC financed energy savings improvements at each of the agency's public housing properties. An overview of the energy-savings measures made by HACCC at each property is attached. As an incentive to encourage more agencies to participate in the EPC program, HUD will provide additional, ongoing subsidies to help offset financing costs where energy cost savings can be proven. The extra EPC funding is added onto an eligible housing authority's annual public housing operating subsidy. Staff have been working with HUD for several years to stabilize HACCC's EPC subsidy. From 2003 through 2008, HACCC usually received no additional EPC subsidies from HUD, despite staff's assertion that the agency was eligible for such. Since 2009, HUD has provided an EPC subsidy to HACCC every year. However, staff still felt the agency was entitled to a larger EPC subsidy than was being provided by HUD. In particular, it did not appear that HACCC was being fully compensated for water savings. HACCC hired Group Action of Board On: 11/05/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF COMMISSIONERS AYE:John Gioia, District I Commissioner Candace Andersen, District II Commissioner Mary N. Piepho, District III Commissioner Karen Mitchoff, District Commissioner Federal D. Glover, District V Commissioner ABSENT:Geneva Green, Tenant Seat 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: November 5, 2013 Joseph Villarreal, Executive Director By: June McHuen, Deputy cc: HA Administration SD.2 To:Contra Costa County Housing Authority Board of Commissioners From:Joseph Villarreal, Housing Authority Date:November 5, 2013 Contra Costa County Subject:Energy Performance Contract and Public Housing Operating Subsidy Report BACKGROUND (CONT'D) 14 and R. Sissick to help determine whether or not HACCC's water savings could be verified under the terms of the contract. Once that task was complete, the contract called for Group 14 and R. Sissick to recalculate the additional subsidy, if any, due HACCC from HUD. HACCC, Group 14 and R. Sissick all worked closely with HUD staff during this process. After reviewing HACCC's original EPC contract and baseline utility usage prior to 2003, verifying utility consumption for the past year at all of HACCC's properties, conducting an investment grade (engineering) energy audit, calculating new utility allowances for public housing tenants and recalculating the amount of EPC funding that HACCC should receive from HUD, it was determined that HACCC should receive an additional $186,984 from HUD (assuming 100% program funding). The analysis conducted by Group 14 and R. Sissick Consulting was reviewed by HUD's San Francisco Field Office and by HUD's Energy Performance Center. Both agreed with the data indicating that HACCC is eligible for an additional $186,984 in funding this year and will be eligible for the remaining term of the EPC contract to receive additional subsidies for verified water savings. Housing authorities were notified on September 30, 2013 that after cuts from sequestration and pro-ration (ongoing budget shortfalls separate from sequestration) were factored in, HUD would fund all housing authorities at 81.86% of their eligible public housing operating subsidy for calendar year 2013. This same pro-ration was applied to all additional subsidies such as those received for the EPC program. This means that HACCC will receive an additional $153,065 in operating subsidy for 2013 based on increased EPC eligibility. However, this still leaves HACCC with a budgeted shortfall of $222,807 and a shortfall in eligible funding of over $1 million. FISCAL IMPACT None. Information item only. CONSEQUENCE OF NEGATIVE ACTION None. Information item only. CLERK'S ADDENDUM ATTACHMENTS EPC Chart