Res H-11-06 RESOLUTION NO. H -11 -06
A RESOLUTION OF THE POWAY HOUSING AUTHORITY FINDING THAT
HOUSING FUND MONIES USED OUTSIDE THE PROJECT AREA FOR PLANNING
AND ADMINISTRATIVE COSTS IN FY 2011 -12 WILL BE OF BENEFIT TO THE
PROJECT AREA
WHEREAS, Section 33334.2 of the California Health and Safety Code requires
that not less than 20 percent of taxes which are allocated to the Redevelopment Agency
be used for the purpose of increasing, improving and preserving the community's supply
of housing available at an affordable housing cost to households with low- and
moderate - incomes; and
WHEREAS, the 2010 to 2014 Redevelopment and Housing Implementation Plan,
approved by the Redevelopment Agency Board on December 15, 2009, outlines
projects and programs that will increase, improve and preserve the supply of housing
available at an affordable housing cost to households with low- and moderate - incomes;
and
WHEREAS, Section 33334.3(e) provides that the Redevelopment Agency may
charge its Low- and Moderate - Income Housing Fund for planning and administrative
costs which directly relate to qualified low- and moderate - income housing projects and
programs; and
WHEREAS, Section 33334.3(d) of the California Health and Safety Code
provides that the Redevelopment Agency must determine annually that the planning
and administrative expenses paid by the Low- and Moderate - Income Housing Fund are
necessary for the production, improvement or preservation of low- and moderate -
income housing; and
WHEREAS, the Redevelopment Agency may expend monies from its Low- and
Moderate - Income Housing Fund for affordable housing projects and programs outside
the Project Area upon a finding by the Legislative Body that said expenditures are of
benefit to the Project Area; and
WHEREAS, on March 11, 2011, the City Council for the City of Poway
established the Poway Housing Authority (the "Housing Authority ") and, by Resolution
No. R- 11 -08, the Redevelopment Agency approved a Cooperation Agreement between
the Redevelopment Agency and the Housing Authority (the "Housing Authority
Cooperative Agreement "), in order for the Housing Authority to carry out the objectives
of the Redevelopment Plan; and
WHEREAS, City and Redevelopment Agency staff have completed a thorough
analysis calculating the estimated costs directly associated with the planning and
administration of affordable housing projects and programs that will be charged to the
Low- and Moderate- Housing Fund during FY 2011 -12.
Resolution No. H -11 -06
Page 2
NOW THEREFORE, BE IT RESOLVED by the Poway Housing Authority as
follows:
Section 1. The expenditure of monies from the Redevelopment Agency's Low -
and Moderate - Income Housing Fund in FY 2011 -12 to cover costs associated with
planning and administering its affordable housing program through the Housing
Authority Cooperative Agreement will be necessary for the Agency to meet its obligation
to increase, improve and preserve the supply of affordable housing available within the
City of Poway.
Section 2. The estimated expenditure of $1,169,264 from the Redevelopment
Agency's Low- and Moderate - Income Housing Fund in FY 2011 -12 will be necessary to
cover actual costs incurred by the Agency and the Housing Authority in their efforts to
increase, improve and preserve the community's supply of housing available at an
affordable housing cost to households with low- and moderate - incomes.
Section 3. The amount of $1,169,264 will represent the estimated cost of
planning for and administering the affordable housing program, and said cost will not be
disproportional to the Housing Fund monies expended to produce, improve or preserve
said affordable housing.
Section 4. Housing Fund monies that may be expended during FY 2011 -12 for
planning and administering the affordable housing program, some activities of which
could be outside the Paguay Redevelopment Project Area, benefit the Project Area.
PASSED, ADOPTED, AND APPROVED by the Poway Housing Authority,
California, at a regular meeting this 21st day of June 2011.
Don Higginson, Chairma
ATTEST:
• : A . Tr yan, MMC, Secretary
Resolution No. H -11 -06
Page 3
STATE OF CALIFORNIA )
) SS
COUNTY OF SAN DIEGO )
I, Linda A. Troyan, MMC, Secretary of the Poway Housing Authority, do hereby
certify under penalty of perjury that the foregoing Resolution No. H -11 -06 was duly
adopted by the Poway Housing Authority Board of Directors at a meeting of said Board
held on this 21st day of June 2011, and that it was so adopted by the following vote:
AYES: BOYACK, GROSCH, MULLIN, CUNNINGHAM, HIGGINSON
NOES: NONE
DISQUALIFIED: NONE
ABSENT: NONE
_
A. royan, MMC, Secretary
Poway ' ousing Authority