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HomeMy WebLinkAboutMINUTES - 05132014 - HA C.4RECOMMENDATIONS RECEIVE the Housing Authority of the County of Contra Costa’s rolling annual public housing occupancy report for the period ending March 31, 2014. 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 March 31, 2014 and the accompanying leasing trend report for the same period. The occupancy report shows the percentage of the available units at each individual property that are leased at the end of a given month. Available units are the total number of units at a property minus any that have been removed as a rental unit and are being used on a long-term basis for community purposes such as the Young Adult Empowerment Center in North Richmond or that have been removed on a short-term basis for modernization. The occupancy rates are then subtotaled separately for all properties, except North Richmond, before being combined to show HACCC's overall occupancy percentage. North Richmond is shown separately because staff are in the process of applying to HUD to remove that property from HACCC's public housing portfolio. There are three entries for North Richmond because HACCC has three separate contracts with the U.S. Department of Housing and Urban Development (HUD) for Las Deltas. 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. Action of Board On: 05/13/2014 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 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: May 13, 2014 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:May 13, 2014 Contra Costa County Subject:Public Housing Rolling Annual Occupancy Report For The Period Ending March 31, 2014 BACKGROUND (CONT'D) > For reference, HUD annually evaluates each housing authority’s management of its public housing program on a 100-point scale using four indicators referred to collectively as the Public Housing Assessment System. 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: ≥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 housing authority’s 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 Occupancy Report 3-31-14