County of Santu Clara
\\ //

Office of the County EkecuHyp

A,

;purijy Gpvemmeni Center^ East VVing

70 W^t Hedding Street

Wa
a

San Jose; calfoinia 951 id:
,

1850

...

February 15,2002

Supervisor Don.Oage/CIliair

TO:

Supervisor Pete McHugh,Vice Chair

Housing,Tand Use,Environinent and TranspprtafipP'^
FROM:

ane Decker

Deputy County Executive

. . ;,

, ,

;

Status Report on Housing Task Force Recommendations.Referral to
Administration.

1. Analysis of the use of up to 30% of Redevelopment Settlement(RDA)
reyenue for affordable housing-purposes and the advantages of a partnership
with the Housing Trust of Santa Clara County for the expenditure of the
levenue.

Attached is a table prepared by the Department of Finance which updates
the RDA settlement revenue projections and demonstrates the effect of
diverting 10%,20% and 30% of the delegated revenue(which has to be
spent for capital projects) to affordable housing. The chart shows known
revenues over a four period because revenues after that are subject to City
of San Jose bonding activity and there may be gaps in the flow of funding

to the County. Per Board direction. County Counsel is preparing an j ^

opinion on the legal uses of the RDA delegated revenues,including the| ^
ability to use the revenue for housing staff.

County Executive staff are meeting with the Housing Trusf/ thp Housing
Authority,and a non profit developer to determine options and
advantages;of Goimty partnerships.

Board of SupefviSGrs: boriaid F. Gage; Blanca Alyarado. Pete McHMgh,,James T..Bieall Jr;.,Uz Kniss
County Executive; Richard Wiiienbfefg

1. Analysis of the creation of ah affdrd^ble hoxisinig tfiiit in the Gotmty
Ejiecutive's Office.

\

^^

'

County Executive staff are meeting with County departments currently
engaged in housing,l^ey indude/in additiGn tQ the Coimty Executiye's

Office,the Blanning l^^arlment w}u(^^includes

the Sodal

Services;Agency,and Health and Hospital.GSA will be coiisulted also
since,they are involy^

tyhiA inay Hfdude housih

A sfii^rey nf Gther eduhfieShohsiing^^^
Goml^eted kt thi^tinie

It^is^eariRat-tKerFare^ehefitFbWohsblidagTip^^bT^^^^
fi^^sfihpC§ffii^Mfsing3pQ"pan^ Ongoing coihmuiucafiOn a^
interaction among the department&engaged hi housing activities eoiald
create oppdrtunitiesfd uSehesoufces'in ways tliat are not cdnterhplated
now.It is pos^le thatthis cpuld h|^penWithouteonsolidati^ through
regu%;meetings;Qf thediOu^gplayerS such;ashas been d^m^
the human serviees afeas. HbweVef,what"we5Fe3e^^^

''rneetingslwith^de^artintenrs^^

a-bolder/m©reidi;rl^ted;kind:dffat:tim

Isineededzto'cfeafenes^ndrdablehousm'g-npportuKfiestHatw^

vf\ JlX^

includeispeciahneeds-nGnsingrA^centfalized-unitl^lpaPaifiye^l^ehtQE

>

woiindh^Sa-^^ountywideTphfSpentiye^.He /she.!cdul:d
levels of the organization to identify opportunities to include housing as

part of oth^ County projects

in negptiatidha vdj^ blherju^^

Eitisting hduSing and'sdMce dollars;cuwentfy used by de^^^^
be leveraged and expanded in ways departntentSj; vitith a lack of resources
, andbigpiGture perspacfive, do;ndt have:the:abfiify tddb.

(f/

"

i ..

■ ^anafysiShfistaffingmeed&tdide^e^^
und^wa|f|linpdntanfynn)ui4nai^^

• exiStmgrreSOurces^td^fflmd^a^MSuSin^t^Oirectbnandistafyi Iha
to be a focus in the next month befdfe a find reportis prepared.

y
A finalneportaddressing die tw Bdard refeiTais:#iU;be provided td the'
comniittee in March and tiien be forwarded on to thehoard of SupeiVisofs.
cc: Kidiard Wittenberg

There are Gurre^tiy Board referrals to consider the use of "delegated" RDA funds for both the lEbUhty's
program (along with bond debt) and to consider spending a portion (up to 30%)for housing programs. The following
matrix shows various housing alldcation percentages between 10% and 30%, It is assumed that all such expenditures:
would be made out of delegated funds only.
..
In Million

2001 (1)
$ 8 19

Year

Projected Delegated Funds
Proposed Housing Allocation

Remaining after Housing

@10%

-

0.82

2003

2004(2)

Total

$18.31

$20.15

$61.13

1.45

1.83

2.02

6.11

2.90

3 66

4.04

12.24

4.35

5.49

6.06

18.36

2002

$ 14.48
,

:

@20%
@30%

2.46

@10%

7.37

13.03 . , :

16 48

18.13

55 02

@20%
@30%

6.55

11.58 ,

14 65

16.11

48 89

5.73

10.13

12.82

14.09

42 77

1.64

:

■

1:

Delegated amounts received for 2001 have not been appropriated and are reserved.

2:

Beyond FY 2004 future delegated funds will come from Redevelopment Agency bond sales, which we
estimate will occur on a sporadic basis. Should the County of Santa Glara fund ongoing housing
programs, then there will be interruptions in the flow of funds to these programs in 2005 and beyond
from this source. If subsequent debt is issued by the Agency,then delegated proceeds, while sporadic,
come in larver inGrements,