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HomeMy WebLinkAboutMINUTES - 02122002 - C34 M1p yip :.r:� r CONTRA TO: BOARD OF SUPERVISORS }: � COSTA FROM: John Sweeten, County Administrator COUNTY DATE: February 12, 2002 . +" SUBJECT: AB 1170 (Firebaugh) -- Support If Amended SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION RECOMMENDATION(St: SUPPORT AB 1170(Firebaugh) which establishes, but does not fund, a program to provide down- payment assistance to low or moderate income first-time homebuyers IF AMENDED to expand the eligibility criteria for county grants to include infill projects within unincorporated urban areas. BACK R UND/R SONS FOR RECOMMENDATI N S : The County's 2002 Legislative Program includes the follow platform position: Support efforts to expand the availability of affordable housing. . . . AB 1170 (Firebaugh) would create the Building Equity and Growth in Neighborhoods (BEGIN) fund from which the State Housing and Community Development Department would make grants to cities and counties for down-payment assistance to qualifying low or moderate income first-time homebuyers. Eligibility for these grants is conditional upon the local jurisdiction demonstrating that it has removed barriers to affordable housing, one of which is "the project for which an application has been made is an infill project within city limits and is substantially surrounded by urban uses." Staff recommends expanding the locational requirement to include urbanized unincorporated" areas to recognize the opportunities for infill in urbanized county areas of Contra Costa County. Under the current bill language, projects in Contra Costa would still qualify for grants using the other eligibility criteria. However, if the grant process is competitive, limiting the projects to within city limits would put the County at a disadvantage. CONTINUED ON ATTACHMENT: —YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR—RECOMMENDATION OF RD COMMITTEE --,eO1'PPROVE OTHER SIGNATURE(S): ACTION OF BOAR N e APPROVED AS RECOMMENDED-X_OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS 15 A .._UNANIMOUS(ABSENT . Nrrng 1 TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ABSENT;_ _ ABSTAIN: ON MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Contact: Sara Hoffman,335-1090 ATTESTED February 4, 2002 JOHN SWEETEN,CLERK OF THE BOARD OF SUPERVISORS cc: CAO AND COUNTY ADMINISTRATOR Dennis Barry,Community Development6a" Maureen Toms,Community Development BY DEPUTY JIM Kennedy,Redevelopment County Lobbyist AMENDED IN ASSEMBLY JANUARY 22, 2002 AMENDED IN ASSEMBLY MAY 2, 2001 AMENDED IN ASSEMBLY APRIL 18, 2001 CALIFCORNIA.LEGISLATURE-2001-02 REGULAR SESSION ASSEMBLY BILL No. 1170 Introduced by Assembly Member Firebaugh February 23, 2001 An act to add Chapter 14.5 (commencing with Section 50860)to Dart 2 of Division 31 of the health and Safety Code,relating to housing,and making an appropriation therefor. LEGISLATIVE COUNSEL"S DIGEST AB 1170, as amended, Firebaugh. Housing: downpayment assistance. Existing law requires the Department of Housing and Community Development, the California Housing Finance Agency, and various other state and local agencies to administer programs to provide affordable housing through incentives to developers, rental housing assistance, and loans or grants for downpayment, interest subsidy, relocation,veterans, and other home purchase assistance.Existing law requires the housing element of a local general plan to identify adequate sites for affordable housing to be made available through appropriate zoning and development standards,including those relating to density. This bill would create the Building Equity and Growth in Neighborhoods Fund and would continuously appropriate without regard to fiscal years any money in the fund to the department for grants to cities, counties, and cities and counties for assistance for 96 AB 1170 —2— downpayment to qualifying new home buyers in those cities, counties, and cities and counties in specified areas that have taken prescribed actions to remove barriers to affordable housing. This bill would , state that the act shall be implemented when fiends are transferred to that fund from the General Fund for the purposes of the bill. Vote:2/3.Appropriation:yes. Fiscal committee: yes. State-mandated local program: no. The people of the State of California do enact as follows; 1 SECTION 1. (a) The Legislature finds and declares all of the 2 following: 3 (1) Homeownership is a vital piece of California's social and 4 economic fabric and remains a top priority for new California 5 families and individuals. 6 (2) Homeownership has been shown to reduce crime, while 7 increasing school retention and graduation, civic engagement, 8 children's future earning potential, and overall life satisfaction. 9 (3) Home equity represents two-thirds of all low-income 10 family wealth. The median wealth of none.lderly low-income 11 homeowners is 12 times greater than the median wealth of similar 12 renters with the same income. 13 (4) -Yet, while more Americans (67 percent) own their homes 14 today than in any time in American history, homeownership in 15 California lags well behind the rest of the nation at 56 percent. 16 (5) The homeownership rate in California is even worse for 17 ethnic minorities.According to the California Budget Project,the 18 rate of homeownership among Latino households is only 42 19 percent and only 40 percent among African-American households 20 in the state. 21 (6) The high cost of building homes in California is a key 22 contributor to the state's low homeownership rate. Today, 23 California has nine of the nation's 10 least affordable housing 24 markets. 25 (7) Hoene prices are so high in California that the average 26 newly formed household would have to nearly double its income 27 to qualify to buy a median-priced home. 28 (8) While land prices in California are a key contributor to the 29 state's low housing affordability, permitting and regulatory cost 96 -3— AB 1170 1 add significant costs to new housing construction:. According to a 2 recent study by Northwestern University, permitting and 3 regulatory costs in a San Diego County community add, on 4 average,more than$96,000 to the price of a new home. 5 (9) According to the National Association of Home Builders 6 (NAHB), even a small cost increase has a significant impact on 7 affordability. An NAHB study shows that every $1,000 added to 8 the price of a moderately priced home disqualifies as many as 9 49,000 California households from becoming homebuyers. 10 (b) The Legislature further finds and declares that a 11 combination of lowering regulatory costs and increasing 12 purchasing power for love- and moderate-income households, 13 primarily through downpayment assistance, will significantly 14 increase homeownership rates in California. 15 SEC. 2. Chapter 14.5 (commencing with Section 50860) is 16 added to fart 2 of Division 31 of the Health and Safety Code, to 17 read: 18 19 CHAPTER 14.5. BUILDING EQUITY AND GROWTH IN 20 NEIGHBORHOODs FUND 21 22 50860. (a) The Building Equity and Growth in 23 Neighborhoods (BEGIN) Fund is hereby created in the State 24 Treasury under the direction and control of the department. 25 Notwithstanding Section 13340 of the Government Code, all 26 money deposited in that fund from any source whatsoever is 27 hereby continuously appropriated without regard to fiscal years to 28 the department for expenditure pursuant to this chapter. 29 (b) From the fund, the department may make grants to 30 qualifying cities,counties,or cities and counties for downpayment 31 purposes to qualifying new homebuyers. 32 50861. The department shall issue a notification to all cities, 33 counties, or cities and counties when funds are available for the 34 BEGIN program.A city,county,or city and county that desires to 35 receive a grant from the BEGIN Fund may apply to the 36 department. The application shall include a copy of the program 37 adopted by the city,county,or city and county pursuant to Section 38 50863. In addition,in order to qualify for funding,the city,county, 39 or city and county shall be located in one of the following areas: 96 AB 1170 —4- 1 ---4-- 1 (a) The Los Angeles and Long Beach metropolitan statistical 2 area. 3 (b) The Orange County metropolitan statistical area. 4 (c) The San Diego County metropolitan statistical area. 5 (d) The San Francisco metropolitan statistical area. 6 (e) The Oakland metropolitan statistical area. 7 (f) The San Jose metropolitan statistical area. 8 (g) The Sacramento metropolitan statistical area. 9 (h) The Fresno metropolitan statistical area. 10 (i) The Modesto metropolitan statistical area. 11 50862. A city,county,or city and county that receives a grant 12 from the BEGIN Fund shall use at least 95 percent of the grant for 13 downpayment assistance to a prospective new homebuyer who 14 qualifies as a person or family of low- or moderate-income, as 15 defined in Section 50093. Any residence assisted with 16 downpayment financing provided by the BEGIN Fund shall be 17 continuously occupied by the grantee homebuyer as his or her 18 principal residence for at least five years following recordation of 19 the deed of trust. If the grantee fails to meet this condition, the 20 grant amount shall become immediately due and payable to the 21 granting city, county, or city and county. 22 50863. Grants shall only be made to a qualifying city,county, 23 or city and county that has demonstrated that it has removed 24 barriers to affordable housing through any or all of the following 25 measures: 26 (a) Zoning land for the project for which the application was 27 made at densities equal to or greater than 30 percent higher than 28 the average density of the city, county, or city and county. 29 (b) Designing the project for which the application was made 30 for efficient land use through any measures that may be 31 practicable, including, but not limited to, the following: 32 (1) Clustered housing with shared walls,reduced sideyards or 33 zero lot lines. 34 (2) Tandem parking. 35 (3) Reduced street widths and rolled curbs. 36 (c) Streamlining the local permitting process for the project in 37 ways that include,but are not limited to, combining entitlement 38 hearings, such as a hearing for a conditional use permit together 39 with a hearing for a variance permit. 40 (d) Reducing impact fees for the project by at least 25 percent. 96 -5— AB 1170 1 (e) The project for which an application has been made is an 2 infill project within city limits and is substantially surrounded by 3 urban uses. 4 50864. The department shall adopt regulations that establish 5 the application procedures. The regulations shall prioritize and 6 quantify the criteria in Section 50863 by assigning points to each 7 of the criteria. Applications of a city, county, or city and county 8 that has a housing element that the department has found 9 substantially complies with the requirements of Article 10.6 10 (commencing with Section 65580) of Chapter 3 of Division 1. of 11 Title 7 of the Government Code shall receive additional points,not 12 exceeding the points granted for any one of the criteria in Section 13 50863. 14 , 15 hereby 16 SEC. 3. This act shall be implemented when funds are 17 transferred from the General Fund to the Building Equity and 18 Growth in Neighborhoods Fund created by Section 50860 of the 19 Health and Safety Code. O 96