BILL ANALYSIS                                                                                                                                                                                                    �






           SENATE TRANSPORTATION & HOUSING COMMITTEE       BILL NO: ab 2280
          SENATOR MARK DESAULNIER, CHAIRMAN              AUTHOR:  alejo
                                                         VERSION: 4/7/14
          Analysis by:  Carrie Cornwell                  FISCAL:  yes
          Hearing date:  June 10, 2014



          SUBJECT:

          Community Revitalization and Investment Authorities

          DESCRIPTION:

          This bill allows a local government or local governments jointly  
          to establish a Community Revitalization and Investment 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.  If the host city or county chooses not to  
          become the housing successor, 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 began implementing AB 26X's provisions to  
          distribute former redevelopment assets and pay the remaining  
          obligations.
           This bill  authorizes local governments to create Community  
          Revitalization and Investment 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 Revitalization and Investment 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 or block groups within the plan  
            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 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  
               construct infrastructure;
                 Provide funding for low- and moderate-income housing;




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                 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, including by use of  
               eminent domain;
                 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 builds on the housing requirements in the  
               CRL by doing 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 by  
            June 30 after holding a public hearing on the draft report and  
            complying with 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 10 years an authority shall conduct at its  
            annual report-adoption hearing, a protest hearing at which  
            property owners and residents within the plan area may present  
            protests against the authority pursuant to a process specified  
            in the bill.  Under this process, if more than 50 percent of  
            the combined number of property owners and residents over age  
            18 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 and residents 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.  Each  
            authority shall provide its completed audit to the controller.  
             If its audit shows that 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.

            The bill prescribes financial penalties that an authority must  
            pay if it fails to provide this audit to the State Controller  
            within 20 days of receiving written notice from the controller  
            of the failure.  These penalties vary from as little as $2,500  
            to as much $10,000 depending on the revenue of the authority.   
            In addition, the penalties are double for a second consecutive  
            year of failure and triple for a third or more consecutive  
            year.  Also, after three or more consecutive years, the  
            controller shall conduct its own financial audit report for  
            which the authority shall pay.  Finally, upon request of the  
            controller, the Attorney General may take action to collect  
            the fines.
          COMMENTS:

           1.Purpose  .  The author introduced this bill to allow certain  
            "disadvantaged" areas of California to create a new entity  
            called a Community Revitalization and 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  




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            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  
            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.Reintroduction  .  This bill is a reintroduction of AB 1080  
            (Alejo) of 2013, which the Senate Appropriations Committee  
            held on its suspense file last August.  The only difference  
            between this bill and AB 1080 is that this bill establishes  
            penalties that an authority is subject to, if it fails to  
            provide the State Controller with a financial audit each year.  
             

           3.Housing provisions  .  The bill adds to the affordable housing  
            provisions of existing CRL 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.  

           4.Opposition  .  Opponents object to the bill's authorization of  
            the use of tax increment, eminent domain, and issuance of debt  
            absent a vote of the people.  They argue tax increment robs  
            local governments of revenue needed to provide essential  
            services; that eminent domain used to take private property to  
            support other private development is wrong; and that  
            sidestepping the voters on debt means that local voters will  




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            not have a say on how their property tax revenue is spent.  

           5.Double-referral  .  The Rules Committee referred this bill to  
            both the Transportation and Housing Committee and to the  
            Governance and Finance Committee.  Therefore, if this bill  
            passes this committee, it will be referred to the Committee on  
            Governance and Finance.

          RELATED LEGISLATION:

          AB 1080 (Alejo) is nearly identical to this bill and allows a  
          local government or local governments jointly to establish a  
          Community Revitalization and Investment Authority to use tax  
          increment revenues to invest in disadvantaged communities.  Held  
          on the Senate Appropriations Committee suspense file in August  
          of last year.  
          
          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.  This bill is on the Senate  
          Floor for concurrence in Assembly amendments.
          
          Assembly Votes:

               Floor:    57-12
               Appr: 12-4
               L Gov:  8-1
               H&CD:   6-1

          POSITIONS:  (Communicated to the committee before noon on  
          Wednesday,                                             June 4,  
          2014.)

               SUPPORT:  Building Owners and Managers Association of  
          California
                         California Association for Local Economic  
          Development
                         California Business Properties Association
                         California Building Industries Association   
                         California Chamber of Commerce          
                         California Coalition for Rural Housing             
                                                                 




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                         California Rural Legal Assistance Foundation
                         California Special Districts Association
                         City of Adelanto
                         City of Antioch
                         City of Blue Lake
                         City of Camarillo
                         City of Fort Bragg
                         City of Healdsburg
                         City of Indio
                         City of La Puente
                         City of La Quinta
                         City of Lakeport
                         City of National City
                         City of Plymouth
                         City of Rosemead
                         City of Sacramento
                         City of Salinas
                         City of Thousand Oaks
                         City of Vista
                         Coachella Valley Economic Partnership
                         Glendale City Employees Association
                         Housing California
                         International Council of Shopping Centers
                         League of California Cities
                         League of California Cities-Latino Caucus
                         NAIOP of California
                         Organization of SMUD Employees
                         San Bernardino Public Employees Association
                         San Luis Obispo County Employees Association
                         Ventura Council of Governments
                         Western Center on Law & Poverty

               OPPOSED:  California Taxpayers Association
                         Fieldstead and Company
















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