BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 1216
                                                                  Page  1

          Date of Hearing:  May 11, 2011

                       ASSEMBLY COMMITTEE ON LOCAL GOVERNMENT
                                Cameron Smyth, Chair
                AB 1216 (Fuentes) - As Introduced:  February 18, 2011
           
          SUBJECT  :  Land use: notice of proposed change: assisted housing 
          developments.

           SUMMARY  :  Gives tenants and affected public entities the ability 
          to enforce the provisions 
          of law requiring owners of assisted housing developments to give 
          affordable housing developers and others the right to make an 
          offer to purchase the development in order to preserve its 
          affordability when the owner does not intend to extend or renew 
          participation in a subsidy program.  Specifically,  this bill  :  

          1)Gives tenants and affected public entities the ability to 
            enforce the provisions of law requiring owners of assisted 
            housing developments to give affordable housing developers and 
            others the right to make an offer to purchase the development 
            in order to preserve its affordability when the owner does not 
            intend to renew participation in a subsidy program.

          2)Specifies that the failure of an owner to record the required 
            certification that all notice and other procedural 
            requirements have been met prior to a sale to a purchaser who 
            is not a qualified entity does not affect the rights of a 
            purchaser or encumbrancer for value who acts in good faith and 
            without notice of a failure to comply with the certification 
            requirement.

           EXISTING LAW  :

          1)Defines "assisted housing development" to mean a multifamily 
            rental housing development that receives governmental 
            assistance under specified programs.

          2)Defines "affected public entities" to mean the mayor of the 
            city in which the assisted housing development is located, or, 
            if located in an unincorporated area, the chair of the board 
            of supervisors of the county; the appropriate local public 
            housing authority, if any; and the Department of Housing and 
            Community Development.









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          3)Defines "affected tenant" to mean a tenant household residing 
            in an assisted housing development, at the time notice is 
            required to be provided pursuant to existing law, that 
            benefits from the government assistance.

          4)Requires owners of assisted housing development who intend not 
            to extend or renew participation in a federal subsidy program 
            to notify every affected tenant currently residing in the 
            development and any affected public entities of the proposed 
            change at least 12 months prior, and again six months prior, 
            to the termination of the subsidy contract or expiration 
          of rental restrictions.

          5)Allows any affected tenant or affected public entity to seek 
            injunctive relief should the owner fail to comply with the 
            notice requirements.


          6)Requires owners of assisted housing development who intend not 
            to extend or renew participation in a federal subsidy program 
            to provide an opportunity to submit an offer to purchase the 
            development to various entities, including the tenant 
            association of the development and affordable housing 
            developers.

          7)Requires the notice of opportunity to offer to purchase to be 
            provided prior to or concurrent with the notice to tenants and 
            affected public agencies.

          8)Requires that the notice of opportunity to offer to purchase 
            be posted in a conspicuous place in the common area of the 
            development.

          9)Specifies that during the first 180 days from the date the 
            owner files the notice of opportunity to submit an offer to 
            purchase, the owner can only accept offers from qualified 
            entities.

          10)Defines a qualified entity as one that agrees to maintain the 
            affordability of the development for 30 years or for the 
            remaining term of the existing federal assistance, whichever 
            is longer, and that is capable of managing the housing and 
            related facilities for its remaining useful life, either by 
            itself or through a management agent.









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          11)Allows the owner, after the initial 180-day period, to accept 
            offers from any person or entity for the next 180 days, so 
            long as the owner first gives any qualified entity that 
            submitted an offer to purchase an opportunity to match the 
            pending offer at the same terms and conditions.

          12)Specifies that the provisions of the opportunity-to-purchase 
            provisions can be enforced by any qualified entity entitled to 
            exercise the opportunity to purchase should the owner fail to 
            comply.

          13)Requires an owner selling, leasing, or otherwise disposing of 
            an assisted housing development to a purchaser who is not a 
            qualified entity to certify under penalty of perjury that the 
            owner has complied with all notification requirements and 
            other procedural requirements. The certification must be 
            recorded and may be relied upon by good faith purchasers and 
            encumbrances for value and without notice of a failure to 
            comply with the provisions of the law.

           FISCAL EFFECT  :  None

           COMMENTS  :   

          1)Under state law, owners of assisted housing developments who 
            intend not to extend or renew participation in a federal 
            subsidy program must fulfill certain requirements.  At least 
            12 months prior, and again six months prior, to the 
            termination of the subsidy contract or expiration of rental 
            restrictions, the owner must provide notice of the proposed 
            change to every affected tenant currently residing in the 
            assisted housing development.  The owner must also provide 
            notice at the same times to any affected public entities, such 
            as the city or county in which the development is located, the 
            local public housing authority, and the Department of Housing 
            and Community Development (HCD).  If the owner fails to 
            comply, any affected tenant or affected public entity can seek 
            injunctive relief. 

            The law also requires the owner to provide an opportunity to 
            submit an offer to purchase 
            the development to various entities, including the tenant 
            association and affordable housing developers and operators. 
            The owner must provide notice of the opportunity to offer to 
            purchase prior to or concurrent with the required notice to 








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            tenants and affected public agencies, and must also post a 
            copy of the notice in a conspicuous place in the common area 
            of the development.

            During the first 180 days from the date the owner files the 
            notice of opportunity to submit an offer to purchase, the 
            owner can only accept offers from qualified entities.  To 
            qualify as a purchaser of an assisted housing development, the 
            entity must agree to maintain the affordability of the 
            development for 30 years or for the remaining term of the 
            existing federal assistance, whichever is longer.  After the 
            initial 180-day period, the owner can accept offers from any 
            person or entity for the next 180 days, so long as the owner 
            first gives any qualified entity that submitted an offer to 
            purchase an opportunity to match the pending offer.  The law 
            is intended to provide every opportunity to keep the 
            development affordable.

          2)Only those entities to which the owner is required to provide 
            notice of the opportunity to offer to purchase have standing 
            to enforce the offer-to-purchase provisions should the owner 
            fail to comply.  AB 1216 extends standing to enforce these 
            provisions to tenants of the assisted housing development and 
            any affected public agency.

          3)According to the sponsor, the California Rural Legal 
            Assistance Foundation, "HCD estimates that there are 149,000 
            units of privately owned, federally subsidized rental housing 
            in California.  Each year, hundreds of these units are at risk 
            of being lost because agreements that have kept these units 
            affordable are due to expire.  As those agreements expire, 
            owners have the option of converting the units to market-rate 
            housing, thereby increasing rents and displacing low-income 
            families.  As a result, even as the state invests in the 
            creation of new affordable housing for working Californians, a 
            significant number of affordable units are disappearing 
            through these expiring restrictions."

          4)State law aims to prevent the loss of these affordable units 
            by requiring owners to provide notice to entities that would 
            maintain the development as affordable housing that they have 
            a right to make an offer to purchase the property.  Absent 
            this notice, there is little chance to prevent these units 
            from converting to market rate.  If an owner fails to provide 
            the required notice, the entities who should have received the 








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            notice can sue.  However, the tenants who live in the assisted 
            development, who have the greatest interest in insuring that 
            the units remain affordable, cannot.

          5)The sponsor reports that the law works when followed and that 
            there are numerous examples of successful preservation 
            purchases that came about because of the notice provisions. 
            However, when the law is ignored, legal enforcement may be 
            necessary. Unfortunately, the entities that currently have the 
            right to enforce the provisions, primarily affordable housing 
            developers, have little way of knowing that they had an option 
            to purchase a development 
          if they never received notice from the owner.  Even if they 
            become aware that an owner has failed to provide notice, they 
            may be reluctant to sue because they may still want to try to 
            purchase the property and do not want to enter into a legal 
            battle with the owner.  


          6)AB 2019 (Fuentes, 2008) contained similar provisions to this 
            bill and was vetoed by Governor Schwarzenegger with the 
            following message:

            "This bill would give tenants the ability to initiate legal 
            action against an owner of publicly subsidized, 
            rent-restricted, or assisted housing if the owner fails to 
            provide the proper legal notice when the owner decides to 
            remove the property from the subsidized housing market.

            This measure, while well intentioned, attempts to achieve this 
            goal by expanding the number of individuals who have standing 
            to initiate legal action and enforce current notification 
            requirements.  This could increase overall litigation 
            throughout the state.  In addition, owners, who may have 
            simply been unaware of the notification requirements, may face 
            excessive and unnecessary delays or court cost prior to the 
            sale or transfer of their property.  These types of delays and 
            burdens could discourage potential buyers of the affordable 
            housing development and increase the chances that individuals 
            who own, or are considering the purchase of, affordable 
            housing units will choose not to enter the market."

          7)Support arguments: Expanding enforcement authority to include 
            affected tenants and public agencies is a way to ensure that 
            there is greater compliance, thus providing more opportunities 








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            to preserve housing affordability. 

            Opposition arguments: The expanded enforcement provisions 
            could increase the number of unnecessary suits against 
            apartment owners, which could increase project costs and delay 
            developments.

          8)This bill was heard by the Housing and Community Development 
            Committee on 
          April 27, 2011, where it passed with a 5-2 vote.

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          CA Rural Legal Assistance Foundation �SPONSOR]
          City of Santa Monica
          Western Center on Law and Poverty

           Opposition 
           
          None on file
           
          Analysis Prepared by  :    Debbie Michel / L. GOV. / (916) 
          319-3958