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HomeMy WebLinkAboutMINUTES - 01132015 - HA D.3RECOMMENDATIONS CONSIDER accepting a report on the Housing Authority of the County of Contra Costa's unaudited Public Housing Assessment System Score for FYE March 31, 2014. BACKGROUND 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 tools, referred to collectively as the Public Housing Assessment System (PHAS). The four indicators that comprise PHAS are physical condition, financial condition, management operations and Capital Fund. Each indicator is evaluated and scored separately and are collectively worth up to 100 points. The physical condition indicator is worth 40 points, the financial condition and management operations indicators are worth 25 points each and the Capital Fund indicator is worth 10 points. All PHAs that receive a PHAS assessment shall receive a performance designation. The performance designation is based on both the overall PHAS score and the four individual indicator scores. A PHA that achieves an overall score of at least 90 points and also scores at least 24 points for physical condition, 15 points for financial condition, 15 points for management operations and 5 points for the Capital Fund shall be designated a high performer. A PHA that is not a high performer shall be designated a standard performer if the PHA achieves an overall PHAS score of at least 60 points and also scores at least 24 points for physical condition, 15 points for financial condition, 15 points for management operations and 5 points for the Capital Fund. Action of Board On: 01/13/2015 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 Aqueela Bowie, Commissioner ABSENT:Fay Nathaniel, 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: January 13, 2015 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:January 13, 2015 Contra Costa County Subject:Public Housing Assessment System (PHAS) Unaudited Report for FYE 3-31-14 BACKGROUND (CONT'D) A PHA shall be designated a substandard performer if the PHA achieves a total PHAS score of at least 60 points but scores less than the threshold for standard performer in any individual indicator. These thresholds are 24 points for physical condition, 15 points for financial condition and 15 points for management operations. The PHA shall be designated as substandard physical, substandard financial, or substandard management, respectively. A PHA that achieves an overall PHAS score of less than 60 points or a Capital Fund score of less than 5 points shall be designated as a troubled performer. The Housing Authority (HACCC) received a PHAS score of 75 based on the agency's unaudited financials for the fiscal year ending (FYE) March 31, 2014. This is an improvement of 10 points from HACCC's audited score for FYE March 31, 2013 and also means that HACCC is no longer rated as substandard under the management indicator. Because of the extremely-low occupancy rate at Las Deltas, staff and the SF HUD field office did not believe HACCC would be able to achieve a standard rating until the disposition of Las Deltas was complete. However, HACCC's long-term project to bring vacant units back on-line at all other properties has paid dividends for the agency's PHAS scores. HACCC's score rose to 75 as a result of increased occupancy rates at Hacienda in Martinez, Bayo Vista in Rodeo and El Pueblo in Pittsburg combined with improved tenant rent collections. Once HACCC's RAD application for the disposition of 90 units at Las Deltas in North Richmond is formally approved, the agency's score will further increase. The PHAS score report received from HUD is attached. FISCAL IMPACT No immediate impact. CONSEQUENCE OF NEGATIVE ACTION None. Information item only. CLERK'S ADDENDUM ATTACHMENTS PHAS Report U.S. Department of Housing and Urban OFFICE OF PUBLIC AND INDIAN HOUSING REAL ESTATE ASSESSMENT CENTER Public Housing Assessment System (PHAS) Score Report for Interim Rule 25.00 Total Financial Score Unrounded (FASS Score - Audit Penalties) 2. Audit Penalties PHAS Total Score Capital Fund Late Penalty Points PHAS Indicators PHA Name: PHA Code: Housing Authority of the County Contra Costa Fiscal Year End:03/31/2014 CA011 Score Maximum Score Report Date: Designation Status:Standard Performer 40 25 25 10 28 19 18 10 10075 0 Initial publishedPublished 11/17/201411/17/2014 01/07/2015 1. FASS Score before deductions Financial Score Details Submission Type: Maximum Score 18.50 18.50 Score 0.00 25.00 90.00 10 5 10 2. Timeliness of Fund Obligation Points Maximum Score 40 Occupancy Rate: Timeliness of Fund Obligation: Capital Fund Score Details 3. Occupancy Rate %100.00 4. Occupancy Rate Points Total Capital Fund Score (Fund Obligation + Occupancy Rate): 1. Timeliness of Fund Obligation % 5 Score 5. PHAS Interim Rule website - http://www.hud.gov/offices/reac/products/prodphasintrule.cfm Notes: 3. "0" FASS Score indicates a late presumptive failure. See 902.60 and 902.92 of the Interim PHAS rule. 4. "0" Total Capital Fund Score is due to score of "0" for Timeliness of Fund Obligation. See the Capital Fund 2. Due to rounding, the sum of the PHAS indicator scores may not equal the overall PHAS score. 1. The scores in this Report are the official PHAS scores of record for your PHA. PHAS scores in other systems are not to be relied upon and are not being used by the Department. 25 25 5 5 10 Management Financial Physical U.S. Department of Housing and Urban OFFICE OF PUBLIC AND INDIAN HOUSING REAL ESTATE ASSESSMENT CENTER Public Housing Assessment System (PHAS) Score Report for Interim Rule 25.00 Total Financial Score Unrounded (FASS Score - Audit Penalties) 2. Audit Penalties PHAS Total Score Capital Fund Late Penalty Points PHAS Indicators PHA Name: PHA Code: Housing Authority of the County Contra Costa Fiscal Year End:03/31/2014 CA011 Score Maximum Score Report Date: Designation Status:Standard Performer 40 25 25 10 28 19 18 10 10075 0 Initial publishedPublished 11/17/201411/17/2014 01/07/2015 1. FASS Score before deductions Financial Score Details Submission Type: Maximum Score 18.50 18.50 Score 0.00 25.00 90.00 10 5 10 2. Timeliness of Fund Obligation Points Maximum Score 40 Occupancy Rate: Timeliness of Fund Obligation: Capital Fund Score Details 3. Occupancy Rate %100.00 4. Occupancy Rate Points Total Capital Fund Score (Fund Obligation + Occupancy Rate): 1. Timeliness of Fund Obligation % 5 Score 5. PHAS Interim Rule website - http://www.hud.gov/offices/reac/products/prodphasintrule.cfm Notes: 3. "0" FASS Score indicates a late presumptive failure. See 902.60 and 902.92 of the Interim PHAS rule. 4. "0" Total Capital Fund Score is due to score of "0" for Timeliness of Fund Obligation. See the Capital Fund 2. Due to rounding, the sum of the PHAS indicator scores may not equal the overall PHAS score. 1. The scores in this Report are the official PHAS scores of record for your PHA. PHAS scores in other systems are not to be relied upon and are not being used by the Department. 25 25 5 5 10 Management Financial Physical