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HomeMy WebLinkAboutStaff Report 4.B 12/05/2005f • . `. CITY OF PETALUMA, CALIFORNIA AGENDA BILL December 5, 205 Wgenda Title: Resolution Amending the 2005-2006 Community Meeting Date: December 5, 2005 evelopment Block . Grant (,CDBG). Action Plan 'to Include Unanticipated Additional Revenue Meeting Time: 0 3:Oo PM ❑ 7:00 PM Cateeory (check one`: ❑ Consent Calendar ❑ Public Hearing, ® New Business ❑ Unfinished Business ❑ Presentation Department: Director: , Contact. Person: Phone Number: CDD/Housing Mike Moor ; Bonne a ler 778-4484 (Direct Line) Cost.of Proposal: $285,126 (Additional Revenue) - Account Number: Fund 2.110 Amount Budgeted: None Name of Fund: CDBG Attachments to Agenda Packet'Item' Exhibit #1 Letter of Request from Petaluma Ecumenical, Properties Exhibit #2 Draft Resolution 41timmary Statement: In April 2005, they City Council. allocated the City's annual Community Development Block Grant funding in the amount of $401,966 to various community-based nonprofit agencies. Staff then submitted the annual Action Plan to: the U.S. Department of Housing and Urban Development (HUD) for their -approval. In September, the City's .CDBG fiscal consultant informed us that an additional $285,126 is available for Council all for FY 2005-06. 'These revenues are available due to program income earned from !"time homebuyer payoffs and unexpended .funds from previous year projects and programs. Petaluma's Consolidated Plan states that "any program or project change which constitutes a modification of IO% of`the annual allocation shall require formal review and approval by the Council." Included in this report are staff recommendations for the proposed allocation of the additional resources for Council consideration. Recommended City Council. Action/Suggested Motion: Adopt .Resolution Amending the 2005-2006 Community Development Block Grant (CDBG) Action Plan to Include Unanticipated Additional Revenue eviewed *Admin. Svcs. -,.Dir,.; Mite: i ( fl J� a5 Todav's Date - November 1, 2005 . 'Reviewed by City Attornev: Date: Revision # and Date.Revised: Approveity Manager: Date: . File Code: 200506CDBGexcessrevenue/h/d �f CITY OF TETALUMA, CALIFORNIA DECEMBER 5, 2005 • AGENDA REPORT FOR Resolution Amending the 2005-2006 Comm unity -Development Block Grant (CDBG) Action Plan to Include' Unanticipated Additional Revenue 1. EXECUTIVE SUMMARY: In April 2005, the City Council allocated -the City's annual Community Development Block Grant funding in the:amount of'$401,966 to various community-based nonprofit agencies. Staff then submitted the annual Action. -Plan, to the'US. Department of Housing and Urban Development (HUD) for their approval. In September, `the City's. CDBG fiscal consultant informed us that en additional $285,126 is available for Council allocation for FY 2005-06. These revenues are availabledue to program income earned.from .1sc time homebuyer payoffs and unexpended funds from previous year projects and programs. Petaluma's Consolidated Plan states that "any program or project change which constitutes a modification of 10% of the annual allocation -shall require formal review and approval by the Council." Included in this report are staff recommendations for the proposed allocation of the additional resources for Council. consideration. 2. BACKGROUND: Upon learning of the unanticipated windfall,revenue 'in.the CDBG program, staff conferred with the City Manager, regarding potential funding needs and allocations. The initial proposal was to recommend to Council that of the total $285,126, Council allocate $185,000 for workforce 0 housing and retain $100;000 for reserves. In the interim, ,staff has: received. a request from Petaluma Ecumenical Properties (PEP) for $65,000 to remodel their property at 1400 Caulfield Lane to accommodate two additional units for low-income seniors.. (See Letter of Request, Exhibit 1.) 3. ALTERNATIVES: (1) Staff recommendation to allocate $185,000 for workforce housing; $65,000 to PEP, and the remainder to reserves. (2) Council may choose to allocate funds to any eligible activity for low and/or moderate -income residents. 4. FINANCIAL IMPACTS: This unanticipated revenue will obviously have a positive income on the Block Grant Program in general and the; specific programs which receive the additional funding. 6. OUTCOMES OR PERFORMANCE' MEASUREMENTS THAT WILL IDENTIFY,SUCCESS.OR COMPLETION: Success will be measured bythe performance outcomes of the recipients of the additional funding. Staff monitors all programs and projects on a regular'basis. 7. RECOMMENDATION: Adopt the recommended resolution. (See Draft Resolution.) ogm,/2005 agenda bill "01 A Hbus'ing October 18,:, 2005 Corporate Office EXHIBIT #1 3920. Cypress Drive, Suite B - Petaluma, CA -94954-7603 P , hone: '(707) 762-2336 Fax (707) 762-4657 Email-, pep@pephousing.org - www.pephousing.org The improvements were made and we showed the house for several months to 154 Wilson Street potential tenants. We'were unable to secure tenants, even after agreeing to rent Petaluma, CA 94952 the property at 33% helow,market rate to another nonprofit. We contacted several nonprofit organizations Without success. As a result- we have agreed rO that,,thebest use ofthe pproperty is to convert -the house to two senior units. .231 Wilson Street - P The Petaluma, CA 94952 cost, ofconvenion is $65,000. This equates to $371per square f6ot for the conversion. 700-709 Daniel Drive, Prqject 4eser'iption: -Petaluma, CA 94954 1400Caulfield. house conversion to two senior apartments for up to 60% of A.01., Wehave_tried unsuccessfully to rent this house for over a. year. Due to its location and design (no garage and backyard) and the inability, to,subdivide the FelelL Ecumenical Properties dba PEP Housing Petaluma Ecuinenical Properties, (PET) is a nonprofit corporation dedicated to 'providing quality affordable housing, housing support,services and advocacy for the low bicorne community. Bonne Gaeblerl, Housing Administrator Ric -hard S. Lieb City of Petaluma Senior Apartments, P.O. Box 61 2-10 Douglas Street Petaluma, CA, 94953 ,Petaluma, CA 94952 Re: - PCDC request, for funding to convert. 1400 Caulfield to two senior 167 Edith Street apartments, Petaluma, CA 94952 )Project his - to r, y.:. Vallejo 579 Val ejo Street The subject property was used fora number :of years as; PEP?_s, corporate office. - Petaluma, CA 94952 Because of the -proximity to Daniel Drive senior hou'sing, our workers compensation carrier -going to recl i sify all staffResident Managers, Was as as significantly increasing the cost -of workers compensation insurance. In June 575 Vallejo Street 2004 the,.corporate, staff moved from, the property and, relocated to 3920 Cypress Petaluma, CA 94952 Drive in Petaluma:- It was agreed that the former office wo ' u ' Ube rented and the rent would be used to offset the � $3,000/month rent paid -at .3.920 Cypress Drive. 'When 1uffield Lane We were e unable to.rent the'property *as, an office. -we, did secure a Pe#a,CA 94954 . m business tenaht, the City of Petaluma would not agree to the use because of parking and the nature. of the business. Asia result of a year of vacancy, we 306 Mountain View n2 the house back to aresidd . rice. We approached the City About converting Petaluma, CA 94952 submitted an:applicatiowrequesting remaining PCDC, funds in the amount of $23,000 for Li6.b •S_enior Apartments; be reallocated to 1400 Caulfield improvements.. Our request was approved. Many of these improvements would 12.7�Lindberg Lane - have been necessaryf or. the proposed 'conversion to'senior -housing. Petaluma, CA 94954 , The improvements were made and we showed the house for several months to 154 Wilson Street potential tenants. We'were unable to secure tenants, even after agreeing to rent Petaluma, CA 94952 the property at 33% helow,market rate to another nonprofit. We contacted several nonprofit organizations Without success. As a result- we have agreed rO that,,thebest use ofthe pproperty is to convert -the house to two senior units. .231 Wilson Street - P The Petaluma, CA 94952 cost, ofconvenion is $65,000. This equates to $371per square f6ot for the conversion. 700-709 Daniel Drive, Prqject 4eser'iption: -Petaluma, CA 94954 1400Caulfield. house conversion to two senior apartments for up to 60% of A.01., Wehave_tried unsuccessfully to rent this house for over a. year. Due to its location and design (no garage and backyard) and the inability, to,subdivide the FelelL Ecumenical Properties dba PEP Housing Petaluma Ecuinenical Properties, (PET) is a nonprofit corporation dedicated to 'providing quality affordable housing, housing support,services and advocacy for the low bicorne community. lot from our Daniel drive property, the conversion is the best use of this property: • . Legal existence, and project ownership: Documentation regarding our nonprofit status and ownership status :of PEP_ Properties has been submitted previously. Please let me know if you need additional documentation. Project, budget We are requesting fundingfor this project in the amount of $;65,00 1 -This bid .. converts the existing residential house to two units, one which.is handicap accessible. The units will be rented to'seniors: Detail of the bid is attached. We would.like to convert the house as soon,as possible with ;possible. occupancy on January l; 2006.. We are requesting special consideration. (out -of the budget 'of cycle) our, request. Thank .you. . erely, :.1VMary St , Execttitive Director PEP Ho g . 1i EXHIBIT #2 Resolution Amending the 2005-2006 Community Development Block Grant '(CDBG) Action Plan to Include Unanticipated Additional Revenue Whereas the City of Petalu ma fun ctions as an "entitlement jurisdiction" under the U.S. Dept. of :Housing and Urban Development's Community Development Block Grant program; and. Whereas, as an entitlement jurisdiction, the City operates within the confines of a five-year Consolidated Plan and a one-year Action Plan; and Whereas those documents req.uie that "any program or project change which constitutes a modification of 10% of the annual allocation shall require formal review and approval by the Council; and ereas the Petaluma'Block Grant program has unanticipated program Income in the amount of $285,126, which_ constitutes 71 % of our annual allocation; Therefore Be It Resolved that the City Council hereby allocates the additional 2005-06 revenues to the follow programs/projects; 5