BILL ANALYSIS                                                                                                                                                                                                    �






           SENATE TRANSPORTATION & HOUSING COMMITTEE       BILL NO: ab 1080
          SENATOR MARK DESAULNIER, CHAIRMAN              AUTHOR:  alejo
                                                         VERSION: 7/2/13
          Analysis by:  Carrie Cornwell                  FISCAL:  yes
          Hearing date:  July 9, 2013



          SUBJECT:

          Community Investment and Revitalization Authorities

          DESCRIPTION:

          This bill allows a local government or local governments jointly  
          to establish a Community Investment and Revitalization Authority  
          to use tax increment revenues to invest in disadvantaged  
          communities.

          ANALYSIS:

          Historically, the Community Redevelopment Law allowed a local  
          government to establish a redevelopment area and capture all of  
          the increase in property taxes generated within the area  
          (referred to as "tax increment") over a period of decades.  The  
          law requires redevelopment agencies to deposit 20 percent of tax  
          increment into a Low and Moderate Income Housing Fund (L&M fund)  
          to be used to increase, improve, and preserve the community's  
          supply of low- and moderate-income housing available at an  
          affordable housing cost.  

          In 2011, the Legislature enacted two bills, AB 26X (Blumenfield)  
          and AB 27X (Blumenfield), Chapters 5 and 6, respectively, of the  
          First Extraordinary Session.  AB 26X eliminated redevelopment  
          agencies and established procedures for winding down the  
          agencies, paying off enforceable obligations, and disposing of  
          agency assets.  AB 26X established successor agencies, typically  
          the city that established the agency, to take control of all  
          redevelopment agency assets, properties, and other items of  
          value.  Successor agencies are to dispose of an agency's assets  
          as directed by an oversight board, made up of representatives of  
          local taxing entities, with the proceeds transferred to the  
          county auditor-controller for distribution to taxing agencies  
          within each county.

          AB 26X also included provisions allowing the host city or county  




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          of a dissolving redevelopment agency to retain the housing  
          assets and functions previously performed by the agency, except  
          for funds on deposit in the agency's L&M fund, and thus become a  
          housing successor agency.  If the host city or county chooses  
          not to become the housing successor agency, a local housing  
          authority or the state's Department of Housing and Community  
          Development (HCD) takes on that responsibility. 

          AB 27X allowed redevelopment agencies to avoid elimination if  
          they made payments to schools in the current budget year and in  
          future years.  In December 2011, the California Supreme Court in  
          California Redevelopment Association v. Matosantos upheld AB 26X  
          and overturned 
          AB 27X.  As a result, all of the state's roughly 400  
          redevelopment agencies dissolved on February 1, 2012, and local  
          jurisdictions are in the process of implementing AB 26X's  
          provisions to distribute former redevelopment assets and pay its  
          remaining obligations.

          This bill  authorizes local governments to create Community  
          Investment and Revitalization Authorities to use tax increment  
          revenue to improve the infrastructure, assist businesses, and  
          support affordable housing in disadvantaged communities.   
          Specifically, this bill:

          1.Permits a city, county, or city and county to create a  
            Community Investment and Revitalization Authority (authority).  
             The authority board shall have five members, three of whom  
            shall be members of the legislative body of the city or county  
            and two of whom shall be public members who live or work  
            within the community revitalization and investment area.  

          2.Permits, as an alternative, any combination of a city, county,  
            city and county, and a special district, but not a school  
            district, to enter a joint powers agreement to form an  
            authority.  The board of the authority in this case shall  
            consist of a majority of members from the legislative bodies  
            and a minimum of two public members who live or work within  
            the community revitalization and investment area.

          3.Prohibits a city or county that created a redevelopment agency  
            dissolved pursuant to AB 26X of 2011 from forming an authority  
            unless the Department of Finance has issued its successor  
            agency a finding of completion indicating that the local  
            government has complied with      AB 26X's requirements to  
            distribute the former agency's assets to the taxing entities.




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          4.Allows an authority to carry out a community revitalization  
            plan within a community revitalization and investment area  
            (plan area).  The bill requires that at least 80% of the land  
            calculated by census tracts within the area must be  
            characterized by both of the following conditions:

                 An annual median household income that is less than 80%  
               of the statewide annual median income.
                 Three of the following four conditions:

                     Non-seasonal unemployment that is at least 3% higher  
                 than statewide median unemployment rate.
                     Crime rates that are 5% higher than the statewide  
                 median crime rate.
                     Deteriorated or inadequate infrastructure such as  
                 streets, sidewalks, water supply, sewer treatment or  
                 processing, and parks.
                     Deteriorated commercial or residential structures.

            Alternatively, an authority may carry out a community  
            revitalization and investment plan within a community plan  
            area established within a former military base that is  
            principally characterized by deteriorated or inadequate  
            infrastructure and structures.  The board of an authority  
            established within a former military base must include a  
            member of the military base closure commission as a public  
            member.

          1.Allows any city, county, or special district, other than a  
            school entity, that receives ad valorem property taxes from  
            property located in a plan area to adopt a resolution  
            allocating some or all of its share of tax increment within  
            the plan area for a number of years it specifies.  The city,  
            county, or special district may also dedicate its tax  
            increment to specific purposes or programs.  In addition, the  
            city, county, or special district may cease providing tax  
            increment to an authority, unless its increment is pledged to  
            repay debt. 

          2.Deems an authority an "agency" pursuant to Community  
            Redevelopment Law (CRL) for purposes of receiving tax  
            increment revenue, but limits an agency's powers and duties to  
            those prescribed in this bill.  These powers include:

                 Provide funding to rehabilitate, repair, upgrade, or  




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               construct infrastructure;
                 Provide funding for low- and moderate-income housing;
                 Remedy or remove a release of hazardous substances,  
               pursuant to provisions of the CRL known as the Polanco Act;
                 Provide for seismic retrofits of existing buildings  
               pursuant to the CRL;
                 Acquire and transfer real property in accordance with  
               specified provisions of the CRL;
                 Issue bonds;
                 Borrow money, receive grants, or accept financial or  
               other assistance from the state or federal government;
                 Adopt a community revitalization and investment plan;
                 Make loans and grants for owners or tenants to improve,  
               rehabilitate, or retrofit buildings or structures within  
               the plan area; and
                 Provide direct assistance to businesses within the plan  
               area in connection with new or existing facilities for  
               industrial or manufacturing uses.

          1.Requires an authority following a specified public notice and  
            hearing process to adopt a community revitalization and  
            investment plan.  The plan may include a provision for the  
            receipt of tax increment funds generated within the area,  
            provided the plan includes these elements:

                 A statement of its principal goals and objectives;
                 A description of deteriorated or inadequate  
               infrastructure within the plan area and a program to  
               upgrade that infrastructure;
                 A program to remedy or remove a release of hazardous  
               substances;
                 A program to provide funding or otherwise facilitate the  
               economic revitalization of the plan area;
                 Time limits as provided in the CRL, which prescribe the  
               maximum time an authority may establish debt, act pursuant  
               to an area plan, and repay debt;
                 A fiscal analysis setting forth the receipt of revenue  
               and projected expenses over a five-year planning horizon; 
                 A program to use 25 percent of the tax increment revenue  
               to increase, improve, and preserve the supply of low- and  
               moderate-income housing available at an affordable housing  
               cost in compliance with the CRL's housing provisions; and
                 A program that does both of the following:

                     Prohibits the number of housing units occupied by  
                 extremely low-, very low-, and low-income households,  




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                 including the number of bedrooms in those units, from  
                 being reduced within the area during the effective period  
                 of the plan; and 
                    Requires the replacement of dwelling units that house  
                 extremely low-, very low-, or low-income households when  
                 removed from an area within two years, rather than the  
                 four years under existing provisions of the CRL.

            An authority shall follow the same process when making plan  
            amendments.  In addition, each year the authority must review  
            its plan and make modifications as appropriate.
          
          1.Allows an authority to transfer funding for affordable housing  
            to a 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.Requires that an authority adopt an annual report each year  
            after holding a public hearing on the draft report and  
            pursuant to specified notification requirements.  The annual  
            report must detail projects undertaken, revenues and expenses,  
            housing activities, and assistance provided to private  
            businesses.  If an authority fails to provide its annual  
            report, then it cannot spend any tax increment funds received.

          3.Requires that every ten years an authority shall conduct at  
            its annual report adoption hearing a protest hearing at which  
            property owners within the plan area may present protests  
            against the authority pursuant to a process specified in the  
            bill.  Under this process, if property owners representing  
            over 50 percent of the assessed valuation of property in the  
            plan area protest, then the authority must call an election  
            within 90 days and, in the meantime, take no actions on any  
            new projects.  If a majority of property owners, weighted  
            proportionally to the assessed value of their property, vote  
            against the authority at the protest election, then the  
            authority shall take no further action to implement its plan,  
            except that it may finish those projects for which it had  
            begun making expenditures of any kind.

          4.Requires an authority to contract every five years for an  
            independent financial and performance audit to determine  
            compliance with the affordable housing requirements of the  




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            bill.  The State Controller shall establish guidelines for  
            ensuring that an authority is meeting the housing requirements  
            of the bill (described in the final bullet under #7 above)  
            over each five-year period covered by the audit.  If an  
            authority is failing to comply with these housing  
            requirements, then it shall submit to the controller with its  
            audit a plan to achieve compliance in not less than two years.  
             The plan must include one of the following means of achieving  
            compliance:

               Expenditure of an additional 10 percent of the authority's  
              tax increment revenues on providing low-income housing;
               A 10 percent increase in the production of housing for  
              very low-income households, as required under the CRL's  
              housing production requirements; or 
               The targeting of expenditures from its L&M fund  
              exclusively to rental housing affordable to, and occupied  
              by, persons of very low and extremely low income.
          
          COMMENTS:

           1.Purpose  .  The author introduced this bill to allow certain  
            "disadvantaged" areas of California to create a new entity  
            called a Community Revitalization Investment Authority through  
            which the local community would invest the property tax  
            increments of consenting local agencies, except schools, and  
            other available funding, to improve conditions leading to  
            increased employment opportunities, to reduce high crime  
            rates, to repair deteriorating and inadequate infrastructure,  
            to clean up brownfields, and to promote affordable housing.  
          
            He notes that redevelopment 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.

            While legislators introduced multiple measures in 2012 to  
            provide local governments options for sustainable community  
            economic development, and the Legislature approved four of  
            them, none became law as Governor Brown vetoed those four.   
            Still the author believes that as the dissolution of former  
            redevelopment agencies continues, the pervasive question is  
            "what economic development tool can local governments use?"   
            It is unrealistic to expect that a single solution could work  




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            successfully in all California cities.  The author states that  
            this bill provides a viable option targeting the state's  
            disadvantaged poorer areas and neighborhoods.

           2.Housing provisions  .  The bill adds to the affordable housing  
            provisions of existing Community Redevelopment Law in three  
            ways.  First, it increases from 20 to 25 percent the amount of  
            tax increment revenue that an authority must deposit into its  
            L&M fund.  Because tax increment accruing to an authority  
            under this bill would be less (e.g., it would not include the  
            schools' share), this would be 25 percent of a smaller number.  
             Second, the bill requires a community revitalization and  
            investment plan to ensure that housing affordable to and  
            occupied by extremely low-, very low-, and low-income  
            households within an area does not decrease during the life of  
            the area plan.  Third, the bill requires the authority to  
            provide replacement housing in two rather than four years.   
            These provisions, added in the most recent set of amendments,  
            represent an agreement between the author and the advocates of  
            affordable housing. 

           3.Opposition  .  Opponents object to the bill's authorization of  
            the use of tax increment and to its authorization to issue  
            debt absent a vote of the people.  They argue that  
            sidestepping the voters in this way means that local voters  
            won't have a say in what their communities look like, how  
            bonds are issued, and how property tax revenue is spent.  In  
            addition, they note that tax increment funding leaves cities,  
            counties, and special districts underfunded to provide  
            essential government services.   

           4.Protest and vote of the property owners  .  This bill sets up a  
            process whereby at least once every ten years property owners  
            within a plan area can protest and ultimately vote to shut  
            down the work of the authority in their community.  The  
            protest process is restricted so that only property owners can  
            participate and a person's vote is weighted according to the  
            assessed value of his property within the plan area.  Given  
            that the Community Revitalization and Investment Authorities  
            the bill authorizes are to work specifically in disadvantaged  
            communities and have as a major part of their mission to  
            provide affordable housing, which more often than not will be  
            rental housing, it seems inappropriate to restrict this  
            protest process and associated votes to property owners, when  
            many who do not own property will be affected by an  
            authority's work.  In addition, votes weighted by the assessed  




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            value of a person's property are used only with assessments  
            based on property value.  This bill has nothing to do with  
            such assessments.  The committee may wish to amend this bill  
            to open the protest process and associated votes to residents  
            of the plan area as well as property owners and to provide  
            each person with one vote.

           5.Technical amendments  .

                 On page 5, line 34, delete "funding"
                 On page 7, line 24, delete "applicable" and insert  
               "other housing-related"
                 On page 7, line 37, after "34176" insert ", but Section  
               34176.1 shall not apply to funds funding transferred"

           1.Committee of second referral  .  The Rules Committee referred  
            this bill to the Governance and Finance Committee and to the  
            Transportation and Housing Committee.  This bill passed that  
            committee on June 19 by a 4 to 1 vote.  The Governance and  
            Finance Committee's analysis and hearing of the bill dealt  
            primarily with the provisions of the bill related to the local  
            government finance provisions, leaving the housing provisions  
            for review in this committee.

          RELATED LEGISLATION:

          SB 1 (Steinberg) allows a local government to establish a  
          Sustainable Communities Investment Authority and direct tax  
          increment revenues to that authority in order to address blight  
          by supporting development in transit priority project areas,  
          small walkable communities, and clean energy manufacturing  
          sites.  SB 1 passed the Transportation and Housing Committee on 
          April 23, 2013, by an 8 to 3 vote.  Set for hearing in the  
          Assembly Housing and Community Development Committee on July  
          3rd.

          Assembly Votes:
               Floor:    54-16
               Appr: 12-5
               L Gov:      8-0
               H&CD:   5-2

          POSITIONS:  (Communicated to the committee before noon on  
          Wednesday,                                             July 3,  
          2013.)





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               SUPPORT:  California Building Industry Association
                         California Rural Legal Assistance Foundation
                         California Special Districts Association
                         California Rural Legal Assistance Foundation
                         City of Antioch
                         City of Blue Lake
                         City of Burbank
                         City of Ceres
                         City of El Centro
                         City of Fairfield
                         City of Lakewood
                         City of Madera
                         City of Mendota
                         City of Salinas
                         City of Watsonville
                         Los Angeles County Division of the League of  
                    California Cities
                         League of California Cities
                         League of California Cities - Latino Caucus  
                         Western Center on Law and Poverty

               OPPOSED:  California Alliance to Protect Private Property  
          Rights
                         California Taxpayers Association