BILL ANALYSIS                                                                                                                                                                                                    �



                                                                            



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                                       CONSENT


          Bill No:  SB 1033
          Author:   Torres (D)
          Amended:  As introduced
          Vote:     21

           
           SENATE TRANSPORTATION & HOUSING COMMITTEE  :  11-0, 4/1/14
          AYES:  DeSaulnier, Gaines, Beall, Cannella, Galgiani, Hueso,  
            Lara, Liu, Pavley, Roth, Wyland


           SUBJECT  :    Housing element law and housing successor agencies

           SOURCE  :     Author


           DIGEST  :    This bill updates housing element law references to  
          redevelopment housing funds with a reference to housing  
          successor agency funds.  

           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 required redevelopment agencies to deposit 20%  
          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 26X1  
          (Blumenfield, Chapter 5, Statutes of 2011, First Extraordinary  
          Session) and AB 27X1 (Blumenfield, Chapter 6, Statutes of 2011,  
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          First Extraordinary Session).  AB 26X1 eliminated redevelopment  
          agencies and established procedures for winding down the  
          agencies, paying off enforceable obligations, and disposing of  
          agency assets.  AB 26X1 also included provisions allowing the  
          host city or county of a dissolving redevelopment agency to  
          retain the housing assets and functions previously performed by  
          the agency and thus become a successor housing agency.  Housing  
          successor agencies were not allowed to keep L&M funds on  
          deposit, but over time they receive repayments made on  
          outstanding loans and may have other program income.

          AB 27X1 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  
          26X1 and overturned AB 27X1.  As a result, all of the state's  
          roughly 400 redevelopment agencies dissolved on February 1,  
          2012.

          The Planning and Zoning Law requires cities and counties to  
          prepare and adopt a general plan, including a housing element,  
          to guide the future growth of a community.  Cities and counties  
          located within the territory of a metropolitan planning  
          organization (MPO) must revise their housing elements every  
          eight years.  Cities and counties in rural, non-MPO regions must  
          revise their housing elements every five years.  

          Before each revision, each community is assigned its fair share  
          of the region's housing need for four separate income categories  
          (very low-, low-, moderate-, and above-moderate income  
          households) through a two-step process known as the regional  
          housing needs assessment (RHNA).  In the first step, the  
          Department of Housing and Community Development (HCD) determines  
          the aggregate housing need for the region during the planning  
          period the housing element will cover.  In the second step, the  
          council of governments for the region allocates the regional  
          housing need to each city and county within the region.  

          In general, a housing element must identify and analyze existing  
          and projected housing needs, identify adequate sites with  
          appropriate zoning to meet its share of the RHNA, and ensure  
          that regulatory systems provide opportunities for, and do not  
          unduly constrain, housing development.  Among other things, the  
          element specifically must include an analysis of existing  

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          assisted housing developments that are eligible to convert to  
          market-rate rental housing upon the expiration of affordability  
          restrictions, and identify all public resources, including  
          redevelopment agency tax increment funds, that are available to  
          preserve the affordability of these housing units.  In addition,  
          the housing element must include a program of actions that the  
          city or county will undertake to implement the policies and  
          achieve the goals and objectives of the housing element through  
          regulatory measures and the utilization of available public  
          funding, including redevelopment agency tax increment funds.

          HCD reviews both draft and adopted housing elements to determine  
          whether or not they are in substantial compliance with the law.   

          This bill updates housing element law references to  
          redevelopment agency housing funds with a reference to housing  
          successor agency funds.  

           Comments
           
           Purpose of this bill  .  The housing element is meant to describe  
          a city's or county's housing goals, the programs it will  
          administer to achieve those goals, and the resources that it has  
          available and will use to implement those programs.  With the  
          demise of redevelopment, there are no redevelopment tax  
          increment funds available for housing purposes, but housing  
          successor agencies do receive limited program income from  
          outstanding loans originally made by their communities'  
          redevelopment agencies.  This bill updates housing element law  
          to reflect this change in available funding sources for housing.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  No   Local:  
           No


          JA:k  4/3/14   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  NONE RECEIVED

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