BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1080
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          Date of Hearing:   April 17, 2013

               ASSEMBLY COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT
                                 Norma Torres, Chair
                     AB 1080 (Alejo) - As Amended:  April 4, 2013
           
          SUBJECT  :   Community Revitalization and Investment Authority 

           SUMMARY  :   Allows local governments to establish a Community  
          Revitalization and Investment Authority (Authority) in a  
          disadvantaged community to fund specified activities and allows  
          the Authority to collect tax increment.  Specifically,  this  
          bill  :  

          1)Includes legislative findings regarding the intent of the  
            Legislature to create a planning and financing tool to support  
            the revitalization of disadvantaged communities. 

          2)Establishes an Authority as a public body to carry out a  
            community revitalization plan (plan) within a community  
            revitalization investment area (area).

          3)Provides that for the purposes of receiving tax increment  
            revenues, pursuant to Article XVI of Section 16 of the  
            California Constitution, an Authority is a redevelopment  
            agency.

          4)Allows an Authority to be created in either of the following  
            ways:

             a)   A city, county, or city and county may adopt a  
               resolution creating the Authority. The governing board must  
               include three members of the governing board of the city,  
               county, or city and county that created the authority and  
               two public members who live or work in the area; or 

             b)   A city, county, city and county, and special district  
               may create an Authority by entering into a joint powers  
               agreement that shall establish the composition of the  
               governing board, which must include two public members who  
               live or work in the area.

          1)Allows an Authority to establish an area if at least 80% of  
            the land, calculated by census tract, is characterized by both  
            of the following conditions:








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             a)   An annual median income that is less than 80% of the  
               statewide annual median income; and 

             b)   Three of the following four conditions exist:

                 i.       Unemployment that is at least 3% higher than the  
                   statewide median unemployment rate;

                 ii.      A crime rate that is 5% higher than the  
                   statewide median crime rate;

                 iii.     Deteriorated or inadequate infrastructure such  
                   as streets, sidewalks, water supply, sewer treatment or  
                   processing, and parks; and 

                 iv.      Deteriorated commercial or residential  
                   structures.  

          1)Provides that the conditions in (b) above constitute blight  
            for the meaning of Community Redevelopment Law.

          2)Provides that the Authority is not required to make a finding  
            or conduct a survey of blight. 

          3)Allows an Authority to establish an Area in a former military  
            base that is principally characterized by deteriorated or  
            inadequate infrastructure and structures. 

          4)Requires a governing board of an Authority established in a  
            former military base to include, as one of its public members,  
            a member of the military base closure commission. 

          5)Subjects an Authority to the Ralph M. Brown Act. 

          6)Allows an Authority to do any of the following:

             a)   Provide funding to rehabilitate, repair, upgrade, or  
               construct infrastructure;

             b)   Provide funding for low- and moderate-income housing;

             c)   Remedy or remove hazardous substances pursuant to the  
               Polanco Redevelopment Act;









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             d)   Provide for seismic retrofits of existing buildings; 

             e)   Acquire and transfer property subject to eminent domain;

             f)   Prepare and adopt a plan for an area subject to  
               Community Redevelopment Law;  

             g)   Issue bonds; 

             h)   Borrow money, receive grants, or accept financial or  
               other assistance or investment from the state and federal  
               government or any private lending institution for any  
               project within its area of operation;

             i)   Receive funding from the California Environmental  
               Protection Agency under the Water Security, Clean Drinking  
               Water, Coastal and Beach Protection Act of 2002 and the  
               Cortese-Knox-Hertzberg Local Government Reorganization Act  
               of 2000;

             j)   Coordinate with a qualified community development entity  
               to maximize the benefit of New Markets Tax Credits;

             aa)  Appropriate funding that the governing body deems  
               appropriate for administrative expenses;

             bb)  Make loans or grants for owners or tenants to improve,  
               rehabilitate, or retrofit buildings or structures in the  
               area; and 

             cc)  Provide direct assistance to businesses within the plan  
               in connection with new or existing facilities for  
               industrial or manufacturing uses.  

          1)Allows money appropriated to the Authority from the  
            legislative body or bodies that created the Authority for  
            administrative expenses to be paid as a loan or grant. 

          2)Provides that if the Authority is loaned funding for  
            administrative expenses, the property owners within the plan  
            area will be made third party beneficiaries of the repayment  
            of the loan. 

          3)Provides that in addition to the common understanding and  
            usual interpretation, the term "administrative expenses"  








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            includes, but is not limited to, expenses for planning and  
            dissemination of information.  

          4)Allows an Authority to adopt a plan to receive tax increment  
            generated in an area. The plan must include the following:

             a)   A statement of the principal goals and objectives;

             b)   A description of the deteriorated or inadequate  
               infrastructure within the area and a program for  
               construction, repair, or upgrade of existing  
               infrastructure;

             c)   A program to spend 20% of the tax increment collected to  
               increase, improve, and preserve the community's supply of  
               low- and moderate-income housing;

             d)   A program to remedy and remove a release of hazardous  
               substances;

             e)   A program to fund or facilitate economic revitalization  
               of the area; and 

             f)   A fiscal analysis of the projected receipt of revenue  
               and projected expenses over a five year planning period. 

          1)Allows an Authority to transfer funding for affordable housing  
            to a private nonprofit corporation, housing authority, or the  
            entity that received the housing assets of the former  
            redevelopment agency within the territorial jurisdiction of  
            the local jurisdiction of the Authority, if it makes a finding  
            that the transfer will reduce administrative costs or expedite  
            the construction of affordable housing. 

          2)Establishes a public process for adopting a plan to receive  
            tax increment generated in an Area that must include the  
            following:

          a)The Authority must hold two public hearings at least 30 days  
            apart;

          b)The plan must be made available to the public and to each  
            property owner within the area at a meeting held at least 30  
            days prior to notice of the first public hearing;









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          c)Notice of the first public hearing must be given at least once  
            a week for four weeks prior to the hearing in a newspaper of  
            general circulation and mailed to each property owner in the  
            proposed area of the plan. 

          d)Notice of the second public hearing must be given not less  
            than ten days prior to the date of the second hearing in a  
            newspaper of general circulation and mailed to each property  
            owner in the area of the plan.

          1)Requires a notice informing the public and property owners in  
            the area of a public hearing to discuss the plan to receive  
            tax increment to include:

          a)The specific boundaries of the proposed area;

          b)The purpose of the plan;

          c)The time and place of the public hearing; and 

          d)Requires that notice of the second hearing must include a  
            summary of the changes made to the plan from the first  
            hearing.

          1)Allows the Authority to inform tenants of properties in the  
            area of the plan to receive tax increment in a manner of its  
            choosing.

          2)Allows an Authority to adopt a plan by ordinance at the  
            conclusion of the second public hearing. 

          3)Allows an Authority to begin receiving tax increment funds  
            beginning on the first December 1 after the plan is adopted.

          4)Allows any taxing entity other than a school entity that  
            receives property taxes in an area to adopt a resolution,  
            prior to the adoption of the plan, to direct the county  
            auditor-controller to allocate its share of tax increment  
            funds to the Authority. 

          5)Allows the resolution adopted by a taxing entity directing its  
            share of tax increment to the Authority to allocate less than  
            the full amount of tax increment, establish a maximum amount  
            of time in years, or limit the use of funds to specific  
            purposes or programs.  








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          6)Allows a taxing entity to repeal a resolution directing a  
            portion of its tax increment to the Authority by giving the  
            county auditor-controller 60 days' notice, except that the  
            auditor-controller will continue to allocate to the Authority  
            the portion of tax increment necessary to repay any debt  
            issued by the Authority that has not been fully repaid. 

          7)Requires that if an Area overlaps with a former redevelopment  
            agency the plan must specify that any tax increment collected  
            is subject to and subordinate to any preexisting enforceable  
            obligations of the former redevelopment agency.

          8)Requires an Authority to complete an annual independent audit.

          9)Requires an Authority to post a draft of the audit on their  
            website and mail it to the each of the taxing entities that  
            are contributing tax increment to the area. 

          10)Requires the annual audit to include:

             a)   A description of the projects undertaken in the fiscal  
               year and a comparison of the progress expected on those  
               projects compared to the actual progress;

             b)   A chart comparing the actual revenues and expenses  
               including administrative costs of the Authority to the  
               budgeted revenues and expenses;

             c)   Amount of tax increment revenues received;

             d)   Amount of revenues received and expended for low-and  
               moderate-income housing;

             e)   Assessment of the level of completion of the projects in  
               the plan; and

             f)   Amount of revenues expended to assist private  
               businesses. 

          1)Provides that if an Authority does not complete an annual  
            report then it cannot expend any tax increment funds it  
            receives. 

          2)Requires an Authority to hold a protest proceeding at the  








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            public hearing to review an annual report, every 10 years to  
            give property owners an opportunity to provide oral or written  
            protests against an Authority.

          3)Requires an Authority to hold an election of the property  
            owners in the areas covered by the plan if a majority of the  
            owners protest, and not initiate any new projects until the  
            election is held. 

          4)Provides that a majority protest exists if protests have been  
            filed representing 50% of the assessed value of the area. 

          5)Requires the election to be held 90 days after the public  
            hearing and permits it to be held by mail-in ballot.

          6)Prevents an Authority from taking any further action to  
            implement a plan if a majority of the property owners,  
            weighted proportional to the assessed value of their property  
            vote against the Authority. 

          7)Allows the Authority to continue to appropriate and expend  
            funds for contractual indebtedness and complete projects for  
            which expenditures of any kind have been made prior to the  
            effective date of the election. 

           EXISTING LAW  

          1)Dissolves redevelopment agencies as of February 1, 2012  
            (Health and Safety Code Section 34170).

          2)Establishes the Community Redevelopment Law (CRL), which  
            governs the authority to establish a redevelopment agency and  
            the authority for a redevelopment agency to function as an  
            agency and to adopt and implement a redevelopment plan (Health  
            and Safety Code Section 33000 et seq.).


           FISCAL EFFECT  :   Unknown 
           
          COMMENTS  :  

           Background:   In 2011, the Legislature approved and the Governor  
          signed two measures, ABX1 26 and ABX1 27 that together dissolved  
          redevelopment agencies as they existed at the time and created a  
          voluntary redevelopment program on a smaller scale.  In  








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          response, the California Redevelopment Association (CRA), League  
          of California Cities, along with other parties, filed suit  
          challenging the two measures. The Supreme Court denied the  
          petition for peremptory writ of mandate with respect to ABX1 26.  
          However, the Court did grant CRA's petition with respect to ABX1  
          27.   As a result, all redevelopment agencies were required to  
          dissolve as of February 1, 2012.    

          Over the last sixty years, redevelopment agencies used tax  
          increment to finance affordable housing, community development,  
          and economic development projects.  The dissolution of  
          redevelopment agencies has created a void and an effort to  
          create new tools that would support community and economic  
          development activities.  

          This bill would allow local government entities, excluding  
          schools, to form a Community Revitalization and Investment  
          (Authority) to collect tax increment and issue debt.  The  
          Authority could use its powers to invest in disadvantaged  
          communities with a high crime rate, high unemployment, and  
          deteriorated and inadequate infrastructure, commercial, and  
          residential buildings.   Three of these four conditions would  
          constitute blight allowing Authorities to use the powers of  
          former redevelopment agencies.  The area where the Authority  
          could invest would also have to have an annual median household  
          income that is less than 80% of the statewide annual median  
          income.  This is different from redevelopment agencies that were  
          required to conduct a study and make a finding that blight  
          existed in a project area before they could use their  
          extraordinary powers to eradicate blight.  Like redevelopment,  
          this bill would allow Authorities to freeze the property taxes  
          at the time the plan for revitalizing the area is approved.  The  
          Authority will collect all the tax increment or the increase in  
          property taxes that are generated after that point and use it on  
          specified activities.  Unlike redevelopment agencies, this bill  
          would require the taxing entities in the area including the  
          county, city, special districts, or a military base to agree to  
          divert tax increment to the Authority.  Local government  
          entities that initially participate can opt out by giving the  
          auditor-controller sixty days' notice; however, the auditor  
          controller will continue to collect the local government  
          entities portions of tax increment until any debts issued up  
          until then have been repaid.   

           Purpose of this bill  :   According to the author, "redevelopment  








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          was a multi-purpose tool that focused over $6 billion per year  
          toward repairing and redeveloping urban cores, and building  
          affordable housing, especially those areas most economically and  
          physically disadvantaged.  Since the dissolution of  
          redevelopment agencies, communities across California are  
          seeking an economic development tool to use.  Multiple  
          legislative measures were introduced in 2012 after the  
          dissolution of redevelopment agencies in an effort to provide  
          local governments options for sustainable community economic  
          development.  Four measures were approved by the Legislature.   
          However, all four were vetoed by Governor Brown at the end of  
          legislative session.
          While the dissolution of former redevelopment agencies  
          continues, the pervasive question is, what economic development  
          tool can local governments use?  This proposal provides a viable  
          option targeting the state's disadvantaged poorer areas and  
          neighborhoods." 
           Affordable housing provisions  :  Redevelopment agencies were  
          required to set aside 20% of tax increment generated in a  
          project area to increase, improve, or rehabilitate affordable  
          housing for low, very-low, and moderate income families and  
          individuals.  In previous years, redevelopment generated up to  
          $1 billion for affordable housing in the state.  AB 1080 would  
          require an Authority to reserve 20% of the tax increment  
          generated from a project area for affordable housing.  The  
          committee may wish to consider if this percentage should be  
          increased to 25%? Although these new entities will not been  
          capturing the schools share of tax increment, affordable housing  
          is an important tool to assist in the revitalization of  
          disadvantaged communities.
            
          The bill would also allow an Authority to transfer the funds  
          collected for affordable housing to a nonprofit corporation,  
          housing authority within the territorial jurisdiction that  
          created the authority, or the successor agency to a former  
          redevelopment agency.  An Authority would have to make a finding  
          that transferring the funds and combining them with other  
          funding for housing would reduce administrative costs or  
          expedite the construction of affordable housing.  The committee  
          may also wish to clarify that the funds generated in a project  
          area must stay in the project area.   

          The committee may also wish to consider if it is appropriate to  
          transfer public dollars to private nonprofit entity.   Although  
          there are many good nonprofit housing developers they are not  








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          held to the same public meeting and disclosure requirements as  
          governmental entities.  Additionally, the committee may wish to  
          clarify that if funds for affordable housing are transferred to  
          a housing authority or successor agency of the former  
          redevelopment agency that that entity must comply with all of  
          the requirements in the Community Redevelopment Law (CRL) to  
          spend those funds.  

          This bill also requires the Authority to comply with several  
          provisions of the CRL for how to spend the housing set-a-side  
          but leaves out some key provisions.  The committee may wish to  
          clarify that an Authority is required to comply with all of the  
          housing provisions of the CRL.  Those existing provisions not  
          covered include, but are not limited to, restrictions on  
          planning and administrative expenditures, imposing long-term  
          covenants, targeting the housing funds toward income levels, and  
          rules about displacement and relocation assistance. 

           Clarifying the exemption of schools  :  The author's intent is to  
          exclude the school's portion of property taxes from an  
          Authority. The bill is somewhat unclear on this point and the  
          committee may wish to further clarify by stating, in the  
          affirmative, that schools are not permitted to join an  
          Authority.   

           Related legislation  :  SB 1 (Steinberg) would have allowed local  
          governments to establish a Sustainable Communities Investment  
          Authority after July 1, 2012, to finance specified activities  
          within a sustainable communities investment area using tax  
          increment financing.  This bill was vetoed by the Governor. 

           Committee amendments  :

          On page 6, line 34, delete "to a private nonprofit corporation,"  


          On page 10, line 35, delete "(e)" and insert "(f)" 

          On page 11, line 4, delete "(e)" and insert "(f)" 

          Include language that increases the percentage of funding for  
          housing to 25%
                                                               
           Double referred  :  If AB 1080 passes out of this committee, the  
          bill will be referred to the Committee on Local Government.








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          REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          California Building Industry Association
          California Rural Legal Assistance Foundation
          California Special Districts Association
          City of Oceanside
          City of Salinas
          League of California Cities

           Opposition 
           
          None on file.
           
          Analysis Prepared by  :    Lisa Engel / H. & C.D. / (916) 319-2085