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HomeMy WebLinkAbout92-17 - General Plan Amendment 91-3F Housing ElementRESOLUTION NO. 92 -17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING GENERAL PLAN AMENDMENT 91 -3(F) BEING AN AMENDMENT OF THE HOUSING ELEMENT OF THE NEWPORT BEACH • GENERAL PLAN WHEREAS, as part of the development and implementation of the City of Newport Beach's General Plan, a Housing Element was adopted on February 11, 1974; and WHEREAS, the City of Newport Beach amended its Housing Element to bring it into conformance with the provisions of Article 10.6 of the Govermnent Code on September 28, 1981 (Resolution No. 11051); and WHEREAS, the City of Newport Beach reviewed and revised its Housing Element in conformance with the provisions of Article 10.6 of the Government Code by amending it on July 24, 1989 (Resolution No. 89 -80); and WHEREAS, Section 65583 (d) of the Government Code requires an amendment of the Housing Element prior to July 1, 1992; and WHEREAS, the City of Newport Beach has reviewed its Housing Element and prepared a proposed amendment in accordance with the requirements of Section 65583 [(8)(A)(B)(C)(D)(6)] of the Government Code; and WHEREAS, the proposed amendment to the Housing Element is in conformance with the specified requirements of the Government Code; and WHEREAS, the proposed project, General Plan Amendment 91 -3(F), was reviewed pursuant to the California Environmental Quality Act, and it has been determined that the project is exempt from the requirements of CEQA under the general rule [CEQA Guidelines Section 15061 (b)(3)]; and WHEREAS, at a duly noticed public hearing the Planning Commission of the City of Newport Beach recommended to the City Council that proposed amendment 91 -3(F) to the Housing Element of the Newport Beach General Plan, be approved in concept; and WHEREAS, at a duly noticed public hearing the City Council of the City of Newport Beach approved in concept proposed amendment 91 -3(F) to the Housing Element of the Newport Beach General Plan and directed staff to forward proposed amendment 91 -3(F) to the State of California Department of Housing and Community Development (HCD) for their required review; and WHEREAS, HCD found that proposed amendment 91 -3(F), in their opinion, complies with Article 10.6 of the Government Code; and • WHEREAS, the City Council of the City of Newport Beach has held a duly noticed public hearing to consider final approval of amendment 91 -3(F) to the Housing Element of the Newport Beach General Plan; and WHEREAS, the City Council desires to approve the proposed amendment [GPA 91- 3(F)] to the Housing Element of the General Plan of the City of Newport Beach, as set forth in Exhibit "A" of this resolution. NOW, THEREFORE, BE rr RESOLVED by the City Council of the City of Newport Beach that General Plan Amendment 91 -3(F), consisting of an amendment to the Housing Element of the General Plan of the City of Newport Beach, is hereby adopted as set forth in Exhibit "A." • ATTEST ADOPTED this 24th day of February 1992. W Attachment: Exhibit "A" F. \ ... \LED \gpa91- 3f\finaI= • ��—Z MAYOR (This information would be inserted as page 37A of the Housing Element) The chart below identifies developments by project name and address, the type of governmental assistance received, the earliest date of change from low- income uses to non- low income uses and the total number of elderly and non elderly units that could be lost from the housing stock during the ten year period through 2002. City of Newport Beach Assisted Housing Analysis Earliest Total Project Name Type of Assistance Possible Date Number of & Location Received of Change Units Lost NEWPORT NORTH CDBG 1997 50 nonelderly 2 Milano Drive @ Jamboree SEAVIEW LUTHERAN PLAZA Section 202 2002 100 elderly 2900 Pacific View Drive (Senior Citizens only) Depending on location, it is estimated that it would cost between eight and eleven million dollars, in today's dollars, to replace the 150 low income units. This estimate is for market rate construction. It is assumed that it would be necessary to subsidize the replacement affordable units as the City has done to achieve affordable rent levels. The City currently subsidizes affordable units at an approximate rate or $13,300 per unit resulting in a subsidy cost of $1,995,000 for all 150 units. The 50 CDBG units are located within a 570 unit apartment development. Therefore, it will be more economical to preserve the low income units by reducing the rents with a subsidy program rather than buying the apartment development. The cost to preserve the 50 units at Newport North under the current ownership for an additional 30 years, the approximate remaining economic life of the structure, is estimated at 1.67 million dollars. Caring Incorporated, the Lutheran Church managing entity of Seaview Lutheran Plaza, indicated that they presently have no intention of converting the 100 low income units to a non -low income use. Currently, there is only $42,000 in Community Development Block Grant (CDBG) funds available for the preservation of low income units. The City of Newport Beach does not have a Redevelopment agency, therefore, the City does not have direct control of any set 11 aside funds. The Orange County Housing Authority (OCHA) operating reserve funds are currently being allocated for development loans for the provisions of new affordable housing. The City does not have the financial capacity to replace or preserve the low income units from its own financial resources. Presently, the only organization ]mown to the City that is a public or private nonprofit corporation with legal and managerial capacity to acquire and manage housing units is the Orange County Community Housing Corporation. ('The text on page 101 of the Housing Element of the General Plan would be amended to read as follows): • • �7�1:7_���ifd PRESERVATION OF EXISTING LOW INCOME HOUSING 1. Implementation Actions: The following activities shall be undertaken in support of this program: a. The City shall investigate the availability of federal, state and local programs for preservation of existing low income uses eligible to change to non -low income uses during the next ten (10) years and maintain a list of these programs by January 1993. b. At the time negotiations to preserve low income units occurs, the City shall identify and contact organizations or agencies which have the legal and managerial capacity to acquire and manage housing units should a need arise for such services. C. Whenever possible, the City shall preserve existing low income units with federal, state and local programs. Responsible Official /Aeencv: Action 13a: Planning Department Action 13b: Planning Department Action 13c: City Council/Planning Department F. \... \ID \raised