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Item 55.2 Study Session Review of Housing Element Update Technical Appendix and Redevelopment Housing StrategiesCOUNCIL AGENDA REPORT DATE: December 5, 1996 TO: MAYOR AND TOWN COUNCIL FROM: TOWN MANAGER SUBJECT: BACKGROUND: MEETING DATE: 12/9/96 ITEM NO. 53 -a STUDY SESSION REVIEW OF HOUSING ELEMENT UPDATE TECHNICAL APPENDIX AND REDEVELOPMENT HOUSING STRATEGIES The Town's General Plan Housing Element has not been certified by the State. On May 6, 1996, the Council authorized the Town Manager to execute an agreement with consultant Melanie Shaffer Freitas to update the Housing Element. On October 2, 1996, Ms. Shaffer Freitas submitted a Draft Technical Appendix for review purposes (Attachment 1). The updated Housing Element of the General Plan will be a summary of the Technical Appendix. On October 21, 1996, the Draft Technical Appendix was sent to the State Department of Housing and Community Development for review. Staff and Ms. Shaffer Freitas have been in communication with the State. Ms. Shaffer Freitas will be present the States comments at the Council study session, as the comments are not in a formal written format at this time. On November 13, 1996 Ms. Shaffer Freitas presented the Housing Element Technical Appendix to a joint session of the General Plan Committee, Redevelopment Advisory Committee and Community Services Commission Housing Committee. Interested residents were also present at that meeting. Copies of the overhead transparencies presented at the meeting are included as Attachment 2. A summary of Committee and public comments is included as Attachment 3. Ms. Shaffer Freitas has responded to many of the comments and has revised the document accordingly (revisions are included on pages 1,2,3,17 and 67). At the November 13, 1996 meeting, Ms. Shaffer Freitas complimented the Town for the existing Affordable Housing programs (such as the Below Market Price (BMP) Ordinance) and housing projects such as Open Doors and the Blossom Hill Terraces. Attachment 7 lists the Los Gatos Housing Programs. Compared to nearby cities with certified housing elements, Los Gatos has succeeded in providing housing for very low and low income households (Attachment 5), yet the Town can not rest on past projects. The steps toward developing new affordable housing need to be taken now (Attachment 6). The Town faces a challenge where funding exists and cannot be used for any other purpose. DISCUSSION: Following is a synopsis of the major goals that formed the 1996-99 housing strategy: 1. Developing new units affordable to very low, low and moderate income households The most significant issue is the lack of affordable housing for very low and low income households in Los Gatos. The Open Doors project provides this type of housing and shows that affordable housing can be developed in Town. The Town needs to encourage more affordable housing. Formalizing the Town's Affordable Housing Fund by including Redevelopment Housing, BMP in -lieu and CDBG funds into one fund with the common objective of producing affordable units is one way to encourage more affordable housing. PREPARED BY: LEE E. BOWMAN PLANNING DIRECTOR Reviewed by: (J ' Attorney \ Finance Revised: 12/5/96 11:30 am Reformatted: 10/23/95 PAGE 2 MAYOR AND TOWN COUNCIL SUBJECT: HOUSING ELEMENT UPDATE December 5, 1996 2. Preserving existing affordable units Under current law, there are three developments that will lose their governmental subsidies within the next ten years. The Town has restrictions that prevent the units from converting to market rate, so the owners may have to find alternative subsidies. 3. Re -defining the Town's commitment to affordable housing The Town now needs to re-evaluate its commitment to affordable housing. In particular, there should be a discussion about formalizing a position for implementing affordable housing within the Town staff structure. The housing constructed in the Open Doors project is an example of our ability to provide very low and low income units. Sixty of the 64 units provided in Open Doors are very low income units (Attachment 2, page 7). This was a significant accomplishment during the 1990-96 time frame. A letter supporting affordable housing for low income families is included as Attachment 8. The letter was submitted by long time Los Gatos resident and affordable housing advocate Georgia Travis. 4. Conserving existing housing stock The existing housing stock needs to continue to be protected, especially those units that may provide affordable housing at market rates such as mobile home parks. The Town should review the revisions recommended in the 1996 Housing Element Update in regard to the Condominium Conversion Ordinance, Mobile Home Park Ordinance, and Residential Demolition Ordinance. 5. Continuing existing housing programs The Town has an effective assortment of regulations and programs that should be continued (Attachment 6). 6. Re-evaluating Housing Conservation Program Participation has decreased in recent years. The program should be marketed to specific areas or households such as the mobile home parks. Depending on the success of these efforts, the Town may want to consider using its CDBG funds for new affordable housing construction. ENVIRONMENTAL ASSESSMENTS: Is a project as defined under CEQA and may have a possible significant effect. An environmental consultant contracted by the Town will prepare an Initial Study. If no significant environmental impacts are identified, a Negative Declaration will be prepared. FISCAL IMPACT: None. Attachments: 1. Draft Housing Element Technical Appendix, dated October 2, 1996 2. Copies of transparencies presented at November 13, 1996 General Plan Committee meeting 3. Summary of Community Services Commission Housing Committee (one sheet) and General Plan Committee (two sheets) comments 4. Article from November 20, 1996 Los Gatos Weekly Times 5. Regional Housing Needs and Accomplishments, 1988-95, received October 23, 1996 • PAGE 3 MAYOR AND TOWN COUNCIL SUBJECT: HOUSING ELEMENT UPDATE December 5, 1996 6. The Who, Why and How behind Affordable Housing 7. Los Gatos Housing Programs (two sheets) 8. Letter supporting affordable housing from Georgia Travis, dated April 15, 1996 Distribution: Melanie Shaffer-Freitas, 311 Laurent Street, Santa Cruz, CA 95060 Regina Falkner, Community Services Director Community Services Commission Housing Committee General Plan Committee League of Women Voters Mid -Peninsula Housing Coalition Tom Ferrito, 101 Church Street, Los Gatos, CA 95032 Nancy Burbank, 108 Belcrest Drive, Los Gatos, CA 95032 Los Gatos Weekly Connie Skipoteris, San Jose Mercury News Charles Chew, HCD, County of Santa Clara, 1735 N. 1st, Ste #265, San Jose, CA. 95112 LEB:KS:sm N:\DEV\CNCLRPT\ 12-9HOUS. W P D RECEJ VED OCT 0 21996 TOWN OF LOS GATOS PLANNING DEPARTMENT By Town of Los Gatos Housing Element Technical Appendix FaI1,1996 Draft (For Review Purposes Only) fo ^' 6s4� . .. r•s <Y ...\\ . .fir. It= a":11111.- anT2—Innevetrant.we, • 7,111 • , .4.F.Iggro.441tirimrrr"i I ; am 15 liptivitali low 1 Town of Los Gatos Housing Element Technical Appendix Fal1,1996 Draft (For Review Purposes Only) Technical Appendix Prepared by: Melanie Shaffer Freitas Freitas + Freitas 311 Laurent Street Santa Cruz, California 95060 (408) 429-5018 Assistance Provided by: Lee E. Bowman, Planning Director Bud Lortz, Senior Planner Sandy Bally, Associate Planner Kristine Syskowski,Assistant Planner Regina Falkner, Community Services Director TABLE OF CONTENTS Chapter Page 1 INTRODUCTION General Plan and Housing Elements 1 Housing Element History: Town of Los Gatos 1 Citizen Participation 2 2 POPULATION AND HOUSEHOLDS Population Growth 4 Population by Race/Ethnicity 5 Population by Age 5 Households and Household Size 6 Households by Type 7 Household Tenure 7 Households by Income Level 8 Households with Special Needs 9 3 HOUSING STOCK Inventory of Housing Units 17 Housing Units by Type and Tenure 17 Vacancy Rates 19 Housing Age and Condition 21 Cost of Housing and Affordability 22 4 EXISTING AFFORDABLE HOUSING OPPORTUNITIES Town Housing Programs and Policies Federal and State Housing Resources 26 31 5 FUTURE HOUSING NEEDS New Construction 34 Rehabilitation Need 36 Conservation of Affordable Units 37 Chapter Page 6 HOUSING CONSTRAI NTS Governmental Constraints Market Constraints 7 REVIEW OF 1991 HOUSING ELEMENT Effectiveness of the 1991 Housing Element and Progress in Implementation Appropriateness of Goals, Objectives and Policies 42 47 49 63 8 HOUSING STRATEGY Overview 65 Summary of Housing Issues 66 Housing Goals, Policies and Programs 69 APPENDIX 77 1. Redevelopment Housing Plan, Town of Los Gatos 2. Bibliography 3. Inventory of Housing Resources 4. Inventory of Vacant Land, 1996 TABLE OF ILLUSTRATIONS Illustration # Page 1 Population by City, Santa Clara County 1980-90 4 2 Population by Race/Ethnicity, 1990 5 3 Population by Age, 1980-90 6 4 Household Income Distribution, 1989 8 5 Definition of Household Income Levels, 1996 9 6 Housing Stock by Type, 1996 18 7 Change in Housing Unit Type, 1990-96 18 8 Housing Units by Tenure, 1990 19 9 Vacancy Rates, Owner and Renter Units, 1990 20 10 Year Structure Built, 1990 21 11 Homeowner Affordability, 1995 23 12 Rental Housing Affordability, 1996 24 13 Housing Programs, Town of Los Gatos, 1996 27-28 14 Affordable Housing Unit Inventory, 1996 33 15 ABAG New Construction Need by Household 35 16 Revised ABAG New Construction Need 36 17 Inventory of Publicly Assisted, Multi -Family Units 38 18 Cost Analysis to Acquire/Replace At Risk Units 40 19 Description of Residential Zone Districts 43 20 Inventory of Vacant Land by Zone Category 45 21 1991 Housing Implementation Plan: Progress from 1991-95 and Future Actions 51-62 22 Housing Strategy , Town of Los Gatos 1996-99 70-76 CHAPTER 1: INTRODUCTION General Plan and Housing Elements Cities and counties in California are required to develop General Plans, which are Tong -range planning documents. A community's General Plan typically provides a comprehensive and long-term strategy for the physical development of the community and any adjoining land. There are seven subject areas that must be addressed in a community's General Plan, although other subjects can also be added based on the community's needs and objectives. The seven mandated "elements" that each General Plan must contain include land use, circulation, conservation, open space, noise, safety and housing elements. Los Gatos' current General Plan was originally adopted in 1985. The Housing Element of the General Plan is the only element that is mandated by State law to 1) contain certain subject areas, 2) be updated on a regular basis and, 3) be reviewed by a State agency for conformance to State law. The State of California, Department of Housing and Community Development (HCD) can review each community's Housing Element to determine if it complies with State Housing Element Law, specifically Article 10.6 of the Government Code. Article 10.6 asks communities to include the following information in their Housing Element: • evaluation of existing housing needs; • estimates of projected housing needs; • review of previous Housing Element goals and programs; • inventory of adequate sites for housing and evaluation of infrastructure condition and requirements; • identification of constraints on housing, including governmental as well as non -governmental constraints; • development of housing programs to address identified needs; and, • quantifiable objectives for attainment of new construction, rehabilitation and conservation housing needs. Housing Elements : Town of Los Gatos The document that follows is the 1996 Housing Element Technical Appendix for the Town of Los Gatos. The Housing Element itself has been prepared as a separate document so that it can be inserted into the Town's General Plan and reflect the format of the other Elements. The Housing Element consists of a brief introduction as well as issues, policies, and implementation measures which were developed based on the information contained in the Technical Appendix. INTRODUCTION The Housing Element Technical Appendix was prepared pursuant to Article 10.6 of the Government Code and was developed to address the issues noted above. The Town's Housing Element Technical Appendix also includes information not required by Article 10.6 but important in the evaluation of housing needs. For example, Chapter 4 of the Technical Appendix is a comprehensive inventory of the existing affordable housing resources in the Town. This inventory was designed so that the reader would be able to obtain a complete overview of the range of housing opportunities currently available in Los Gatos. This inventory provides information that is important in order to evaluate housing needs and is supplemental to that required by State Housing Element Law. The Town's most recent Housing Element was originally adopted in 1985, at the time the Town's General Plan was approved by the Town Council. HCD reviewed the Town's Housing Element several times since the 1985 adoption and identified issues that still needed to be addressed in its opinion. The most recent review occurred in 1991 when the State outlined its comments to the Town in a May, 1991 letter. The Tcwn reviewed those comments, made changes as appropriate to the document and, in August of 1991, adopted the revised Housing Element. As part of that adoption, the Town Council made the finding that the 1991 Housing Element substantially complies with the requirements of Government Code Section 65580. In December of 1 991 , the State once again reviewed the 1991 revised Element and notified the Town that HCD staff again fcund that additional revisions would be necessary for HCD to find it in compliance with State law. In 1996, the Town updated its Housing Element and submitted it to the State HCD on fcr review. On , HCD found the Town's 1996 Housing Element to be in compliance with State Housing Element law. Citizen Participation The goal of the citizen participation process in the review of the Housing Element Technical Appendix and Housing Element is to encourage the maximum level of participation as feasible. Included in this goal is the objective of ensuring public participation of all economic segments in the community as well as households with special needs. In order to achieve this goal, the Town of Los Gatos has identified the following steps as its citizen participation plan for both the draft document as well as any subsequent amendments to the document. 1. P U EL!C REVIEW OF HOUSING ELEMENT FCR 30 DAYS Copies of the draft document will be made available for public review and comment for a 30 day period. Availability of the document will be posted at the Town Hall, Neighborhood Center, Public Library and the Town Hall Conference on the Virtual Valley Community Network Bulletin Board System. Availability of the document will be printed in the "Los Gatos Weekly Times." 2 '7 INTRODUCTION 2. REVIEW BY TOWN ADVISORY 500IE5 The Town -appointed Community Services Commission, Redevelopment Advisory Committee and the General Plan Committee will review the draft document and also receive any public comments during their review period. Interested community groups will be invited to send representatives to the Commission's meeting(s) to participate in the discussion and review of the draft document. The Committees and Commission's comments and recommendations will then be forwarded to the Town Council and Redevelopment Agency prior to their review of the document. 3. PU5L!C KEAAZINGS The draft and final document will be reviewed at public hearings before the Planning Commission, Town Council and Redevelopment Agency. A twenty- one day notice of these hearings will be advertised in the kcal newspaper as well as being posted at the Town Hall, Neighborhood Center and the Public Library. CHAPTER 2: POPULATION AND HOUSEHOLDS Population Growth The population of Los Gatos has increased considerably since the Town's first 100-acre site in 1890. The census population for 1890 showed a total Town population of 1,652 persons. Exactly 100 years later, the census count indicated that the Town's 1990 population was 27,357 persons. The rate of population growth in Los Gatos during the past few decades has been very interesting. In 1970, the population was 23,735 persons according to the U.S. Census count. By 1980, the Town's population had grown by 3,171 persons or a total increase of 13.4%. The rate of growth slowed down significantly during the next 10 year time period. During the decade between 1980-90, Los Gatos' population increased by only 2%. In 1980, the Town's population was 26,906 and by 1990, that number had increased by only 451 persons to 27,357. This was one of the lowest rates of population growth for communities in Santa Clara County for that decade. Santa Clara County's total population increased by 16% and the State of California's population increased by 25.7% for that same time period. illustration #1 Population by City, Santa Clara County, 1980-90 City Campbell 1980 27,067 199Q 36,048 Growth: 1950-90 33% Cupertino 34,420 40,263 17% Gilroy 21,641 31,487 45% Los Altos 25,769 26,303 2% Los Altos Hills 7,421 7,514 1 % Los Gatos..... 26,906 27,.3,5E ', 2% Milpitas 37,820 50,686 34% Monte Serena 3,434 3,287 -4% Morgan Hill 17,060 23,928 40% Mountain View 58,655 67,460 15% Palo Alto 55,225 55,900 1 % San Jose 628,283 782,248 25% Santa Clara 87,746 93,613 7% Saratoga 29,261 28,061 -4% Sunnyvale 106,618 117,229 10% Unincorporated 128,058 106,193 -17% County Total 1,295,071 1,497,577 16% POPULATION AND HOUSEHOLDS However, the rate of population growth appears to have increased since the 1980-90 decade. As of January 1, 1996, the State of California, Department of Finance estimates indicate that the population of Los Gatos was 28,951 persons. This would be a total population increase of 6% since 1990, or approximately 1 % annually. Population by Race/Ethnicity In evaluating racial distribution in the Los Gatos population, the 1990 U.S. Census data indicate that Los Gatos' population is primarily composed of White persons. Approximately 90% of the population was identified as White in 1990. The next largest population group by race in the Town was Asian or Pacific Islanders who comprised 5% of the Town population. The total number of Hispanic residents was 1,277 persons or 4.7% of the total population. Racial categories of Black or American Indian, Eskimo or Aleut represented less than 1 % of the Town's population. In comparing Los Gatos to countywide racial statistics, it is apparent that Los Gatos' share of minority racial groups is less than the countywide average in all categories. For example, 20.5% of Santa Clara County's population is Hispanic while only 4.7% of the Town's population identified themselves as Hispanic in 1990. The information below compares the raciaVethnic distribution of the Town to that of the County of Santa Clara, as of 1990. Illustration #2 Population by Race/Ethnicity: Town of Los Gatos and County of Santa Clara, 1990 Town of Los Gatos County of Santa Clara Population 27,357 1,497,577 Percent White 89.7% 58.0% Percent Black 0.4% 3.5% Percent Hispanic 4.7% 20.5% Percent Asian/Pacific Islander 5.0% 17.0% Percent American Indian, Eskimo or Aleut. 0.3% 0.4% Percent Other 0% 1.0% Source: "United Way Needs Assessment for Santa Clara County", 1993-94 Page 10, Exhibit 2.2 (based on 1990 U.S. Census) ; Percentages Rounded Population by Age The median age of Los Gatos' population has increased dramatically over the last several decades. In 1970, the median age was 30.3 years. By 1990, the median age of Los Gatos residents had increased by approximately 8.5 years POPULATION AND HOUSEHOLDS from 1970, climbing to 38.8 years. These median age figures are quite high in relation to those for Santa Clara County, which in the 1990 census reported a median age of 31.2 years for males and 33.0 years for females. This "aging" of the population is evident in the increase in persons 21 years of age and older and the decrease in persons under the age of 21 years. In the two decades since 1970, the total number of persons under 21 years has decreased dramatically while the number of persons and the percentages of persons over 21 years has increased. illustration #3 Population by Age: Town of Los Gatos, 1970 and 1990 Age Groups Under 18 Years 18-20 Years 21-64 Years Senior (65 and Over Total Persons 1970 8,097 (34%) 973 (4%) 11,993 (51%) 2,672 (11%) 23,735 (100%) Source: U.S. Census, 1970 and 1990 - 1990 5,029 (18%) 884 (3%) 17,926 (66%) 3,518 (13%) 27,357 (100%) Change Households and Household Size For purposes of evaluating housing supply and demand, it is useful to translate information from population figures to household data. According to data from the State of California, Department of Finance, there were 28,951 persons residing in Los Gatos as of January 1, 1996. Of this total, 674 were living in group quarters. The remaining 28,277 persons were living in households and the total number of households in 1996 was 11,667 households. Household size is an important consideration when addressing housing issues. The number of people occupying a housing unit affects the size and condition of the unit, as well as the demand for additional units in the housing market. In Los Gatos, however, recent data indicate that the average household size is not an indicator for concern. The 1996 household size in Los Gatos was 2.42 persons per household, which was only a very slight increase from the 1990 household size of 2.36 persons per household. In comparing the 2.42 figure to other communities in Santa Clara County in 1996, Los Gatos' average household size was one of the smallest in the County. Of the 14 other incorporated communities in the County, only two (Palo Alto and Mountain View) had smaller average household sizes. Further, the average household size for the County (incorporated as well as unincorporated areas) was 2.9 persons per household. Therefore, in relation to surrounding communities and given the type of housing available in Los Gatos, the household size figure of 2.4 is within a reasonable range. POPULATION AND HOUSEHOLDS Households by Type According to 1990 U.S. Census data, approximately 7,269 households or 64% of all households were "family" households and 4,054 households (36% of total households) were "non -family" households. A family household is one in which a household Jives with one or more persons related to him or her by birth, marriage or adoption. A non -family household is one in which a householder lives alone or with non -relatives only. Family households are by definition typically larger in size than non -family households because family households consist of a minimum of two persons while non -family households can be single person households. As would be expected then, in Los Gatos there are more persons living in family than non - family households. Of the total 27,357 persons in Los Gatos in 1990, 77.7% lived in family households (21,253 persons) and 20% (5,462 persons) lived in non -family households. The remaining 2.3% of the population (642 persons) reported that they were living in group quarter situations. It is interesting to note that, of the family households in 1990, there were fewer households with children under the age of 18 years at home than other types of family households such as a married couple only or a married couple with children over the age of 18 or with other family relatives living with them. Only 32% of family households were a married couple with children under the age of 18 years. Another 8% of the family households were single parent households (primarily female -headed) with children under the age of 18 years at home. These two family household types then constitute 40% of all family households. The remaining 60% of family households are households with no children under the age of 18 years. These households are primarily married couple households and the assumption is that either they are living by themselves or with other family members. Household Tenure Household tenure (owner occupied or renter occupied) is an important characteristic to review in evaluating housing supply and demand. Communities need to have an adequate supply of units available both for rent and for sale in order to accommodate a range of households with varying incomes, family sizes and composition, life styles, etc. In Los Gatos, the majority of housing units are owner -occupied. The 1990 U.S. Census data indicate that 64% of all occupied units were owner -occupied (7,240 units) and the remaining 36% (4,033 units) were renter -occupied. Los Gatos has traditionally had a goal of at least 35% of the housing stock being renter -occupied. Therefore, the 1990 data indicate that the Town's housing stock reflects the desired percentage. 7 POPULATION AND HOUSEHOLDS Households by Income Level Generally, Los Gatos households have higher than average median family incomes. The 1990 U.S. Census data indicated that the median family household income in Los Gatos was $69,481. This is considerably more than the average family household income of $53,670 for the County of Santa Clara for the same time period. While there are many high income households in Los Gatos, there are also household on limited incomes. An interesting statistic from the 1990 Census data is the fact that 18% of all Los Gatos households reported that their annual household incomes were Tess than $25,000. This percentage is quite dose to the countywide average of 21 % of all Santa Clara County households reporting incomes of $25,000 or less. In other words, Los Gatos has very nearly the same proportion of households with limited incomes as the County as a whole. However, Los Gatos also has almost twice as many households proportionally who had incomes over $100,000 in 1989 than the rest of the County. Illustration #4 Household income Distribution; Town of Los Gatos and County of Santa Clara, 1909 _._.._... _ ._ �_.�_......_._._.._..S25.000 $25-50.0 50-100.000 t100.000+ Town of Los Gatos 18% 26% 35% 22% County of Santa Clara 21 % 31 % 37% 11 Source: "United Way Needs Assessment for Santa Clara County", 1993-94 Page 18, Exhibit 2.8 (based on 1990 U.S. Census) The 1990 Census, using 1989 income data, also identified persons whose incomes were below the federal poverty level. In Los Gatos, there was a total of 154 families whose income was below the poverty line. Approximately 71 % of the 154 families had children under the age of 18 years. For purposes of federal and state housing assistance programs, households are typically defined as very low income, low income, moderate income and middle income. Unfortunately, the definition of these income categories varies depending on whether a state (such as the State of Califomia) or a federal definition is used. Both the state and federal governments define income level as a percentage of the area's median family income but the threshold of the income determination varies between the two governmental agencies. The chart on the following page illustrates the income levels based on the 1996 Santa Clara County area median family income of $67,400 for a household of 4 persons. The definitions are separated into those used by federal agencies and those used by state agencies. POPULATION AND HOUSEHOLDS Illustration #5 Definition of Household Income Levels, Maximum Income Levels for Four Person Households 5anta Clara County, 1996 Very Low: Lower: Moderate: Middle: 0-50 % of Area MFI* 51-80% of Area MFI* 81-120% of Area MFI' N/A. 0-30 % of Area MFI' 31-50% of Area MFI' 51-80% of Area MFI' 81-95% of Area MFI' 'MFI: Median Family Income The 1996 median family income was $67,400 for a four person household in Santa Clara County. The 80% limit was revised in May,1996 by HUD and, due to the high median incomes in the County, is adjusted to 62.5% of median income, rather than the true 80% of median. The type of household definition used can be confusing and is typically dependent on the funding source of the housing program being implemented. For example, the Town's Redevelopment Housing Programs use State of California income definitions because the programs are governed by State Redevelopment law. Some of the affordable housing developments in the Town, such as the elderly -occupied four-plex on Nicolson Avenue, originally used federal subsidies and so the rent and occupancy of those units are tied to federal income definitions. Fortunately, the income definitions are all based on the same median family income, which was $67,400 in 1996 for a four person household. Therefore, the major difference in the calculation is the percentage threshold at which a household is categorized according to household income level. Households with Special Needs There are certain households within a community that typically have special housing needs. In Los Gatos, those households which have been identified as having special housing needs include: 1. Elderly Households, 2. Single Parent Households, 3. Disabled Households, 4. Overcrowded Households, and 5. Homeless Households. Information about each of these households is described in more detail in the paragraphs that follow. A general description of each of these 5 household types is provided on the following pages as well as a summary of the household's more significant housing needs and, also, of the current resources available. POPULATION AND HOUSEHOLDS 1. ELDERLY HOUSEHOLDS olDesrription of Elderly Households in LoSGato5 The number of elderly persons in the Town of Los Gatos has increased slightly over the last two decades. In 1970, elderly (persons age 65 years and older) comprised 11 % of the population but, by 1990, that percentage had increased to 13% of the total population. The total number of elderly persons ages 65 and over residing in Los Gatos in 1990 was 3,518 persons. With longer life spans and age expectancies, it is anticipated that the proportion of elderly in Los Gatos' population will continue to increase in future years. The 1990 Census data indicate that, of the 3,518 total elderly persons, 3,003 lived in household situations and the remaining 515 persons were living in group quarters. There were a total of 2,084 households in the Town in which the primary householder was 65 years or older. These 2,084 households represent 18% of all Los Gatos households in 1990. The 2,084 households are equally split between family households (50% of all elderly households) and non -family households (50% of all elderly households). A significant fact is that approximately 78% of all elderly non -family household were single females living alone (821 persons total). These female head of households living alone represent 23% of all elderly residents. Approximately 7% of all elderly (242 persons total) had incomes below the poverty level in 1989, as reported in 1990 U.S. Census data. In comparison to poverty levels for the total Town population, there is a greater percentage of elderly persons with incomes below the poverty level than the general population. Out of the total Town population, 4.5% persons (1,241 persons total) had incomes below the poverty level. The majority of Los Gatos elderly households are homeowners. Approximately 69% of all elderly households live in owner -occupied housing units and the remaining 31% are renters. While renter households represent less than one- third of all elderly households, these renter households appear to have housing affordability problems. Approximately 54% of all elderly households (340 households) who rent were paying more than 30% of their income for rental costs. This differs significantly from elderly households who are homeowners in Los Gatos. Only 14% of all homeowner elderly households are "overpaying" for housing (i.e. paying more than 30% of their income for housing costs). In fact, 72% of all elderly homeowners pay less than 20% of their income for housing. Clearly, elderly homeowners who rent in Los Gatos are more in need of affordable housing opportunities than homeowners. Affordable housing for the elderly has been identified as an important need throughout the County of Santa Clara. The 1994 document, "Coming of Age in San Jose/Santa Clara County," identifies housing as the second highest priority item for senior households. The report, prepared by the Council on Aging of Santa Clara County and the City of San Jose, documented specific needs of the elderly. The report indicates that the highest priority need was services for 10 POPULATION AND HOUSEHOLDS seniors. These included affordable health care, information on senior programs and services, language and related services for non-English speaking, and respite for caregivers. The next priority was housing, especially affordable housing. Resources Available Elderly Households There are several affordable housing opportunities in Los Gatos specifically designed for lower income elderly households. These include: 1. Los Gatos Four-plex, 221-227 Nicholson Avenue Owned by Mid Peninsula Housing Coalition, this facility consists of four one -bedroom apartments for lower income elderly. 2. Hartin House, 221 Los Gatos Boulevard Owned by Community Housing Developers, this group home houses eight senior women. 3. Villa Vasona, 626 W. Parr Avenue This facility provides 107 units for elderly and handicapped households. 4. Terraces of Los Gatos, 800 Blossom Hill Road A licensed residential care facility for the elderly and a retirement community care facility, this development provides 29 housing units and services at reduced rates to eligible senior citizens. In addition to the facilities listed above, Project MATCH also is operative in Los Gatos. This non-profit group provides two types of housing services for elderly households. First, it assists in matching persons who would like to share housing together. The primary household group assisted is elderly persons although non -elderly persons are placed in shared housing arrangements also. In 1996, the maximum rent that most persons matched were paying was $330- 350 per month, although at times some persons were paying up to $400 per month. On an annual average, Project MATCH has helped 27 Los Gatos households in securing affordable shared housing arrangements. Project MATCH also owns or leases single family homes for group housing situations for independent elderly households. For example, Project MATCH has group homes in Campbell and Los Altos which provides affordable housing for elderly households. This non-profit group is interested in expanding its inventory of elderly group homes and has indicated an interest in securing an appropriate single-family home in Los Gatos for such a purpose. POPULATION AND HOUSEHOLDS 2. SINGLE PARENT HOUSEHOLDS 21DesGription Single Parent Households in Los Ci tos There were a total of 11,323 households in Los Gatos according to the 1990 census data and, of these 11,323 households, approximately 7,269 were "family" households. Single parent households represented 8% of all family households. There were 590 single parent households in 1990: 116 single parent households were headed by a male parent and 474 had a female head of household. Single parent household as used in this document is defined as a family household with one or more children under the age of 18 years and headed by either a female or male head of household, with no spouse present. Lower household income is one of the more significant factors affecting single parent households. For example, of all married couples with children under the age of 18 years in Los Gatos, Tess than 1% of the households had incomes below the poverty level according to 1990 U.S. Census data. However, 13% of all single parent households with children had incomes which were less than the poverty level. Limited household income levels affect the ability of these households to locate affordable housing and, consequently, this is one of the more significant housing problems of this household category. Resources Available Tz2 Single Parent Households There are no housing developments in Los Gatos that are specifically reserved for single parent households. However, the 64 unit "Open Doors" rental development is available to single parent households, as well as other households, and provides services that can help single parent households. For example, the "Open Doors" development provides an on -site child care center as well as affordable rental units that range in size from 2-4 bedrooms. Project MATCH, described on the previous page, also can match single parent households with one child in affordable housing situations. 3. DISABLED HOUSEHOLDS Description cf Disabled Households in Ism Gatos Disabled households include households who have family members that are disabled because of physical handicaps or because of mental illness or disability. It is possible of course that some individuals have both a physical and mental disability but census data does not provide that level of specificity. According to the 1990 U.S. Census data, there were 820 persons ages 16-64 years in Los Gatos who had a disability which affected mobility or self care. Of these, 545 persons had a disability which affected their ability to work. Information is not available about the type of household they live in, their income level or how their disability affects their housing needs. Generally, persons with disabilities have lower incomes especially if their disability affects 12 POPULATION AND HOUSEHOLDS their ability to work. Housing that is affordable is a high priority for these individuals then. Individuals with physical disabilities are in need of housing units that have been modified to improve accessibility. Examples of modifications that are helpful include widened doorways and hallways, bathroom and kitchen modifications (lowered counter heights, accessible tubs/showers and toilets, etc.) entry and exit ramps, modified smoke detectors and alarm systems for individuals with visual or hearing impairments, etc. Resources Available t� Disabled Households For physically challenged individuals, there are some housing units in Los Gatos specifically designed to be handicapped accessible. Villa Vasona has 107 units total, of which 9 units are accessible for physically handicapped individuals. Further, the Town of Los Gatos requires all newly constructed residential units to be wheelchair accessible. There are also non-profit organizations that provide services to disabled individuals in Santa Clara County. These include the following: Adult Independence Development Center: Provides housing and attendant care referrals to disabled Pacific Autism Center for Education: Housing for autistic Social Advocates for Youth: Housing and counseling for youth Tri-Aegis Allendale Project: Groups Home for developmentally Disabled 4. OV ER.CROWDE D HOUSE HOLDS Description pf Overcrowded Households in Los artoo An overcrowded household is one in which there is more than one person per room in the living structure (usually "room" is defined as any room in the structure except for kitchen or bathrooms). On a statewide basis, it was estimated in 1989 that 7% of all California households lived in overcrowded housing. (Source: California Statewide Housing Plan Update, 1990, State of California Dept. of Housing and Community Development) According to the 1990 U.S. Census, approximately 179 units or 1.6% of the Town's total occupied housing units were overcrowded with more than 1.1 persons per room. Of these 179 units, 54 were "severely overcrowded" with more than 1.51 persons per room. The majority (47 units) of these severely overcrowded units were occupied by renter households. In fact, renter households have a higher incidence of overcrowding than owner households. In regard to age of the residential structure, overcrowded households are found in both older as well as newer housing units in the Town. While 83% of the overcrowded households live in units that were built after 1940, this proportion 13 l-18 POPULATION AND HOUSEHOLDS reflects the fact that 78% of the units in the Town were built after 1940. Therefore, the age of the housing unit is not statistically significant in regard to overcrowded households in Los Gatos. Households do not typically choose to be overcrowded but end up in that situation either because they cannot afford a housing unit that is appropriate in size to their needs or there is not a sufficient supply of 3+ bedroom units. Traditionally, large households (households of 5 or more persons) have difficulty in securing and/or affording housing units of 3 or more bedrooms. Large renter families, in particular, have difficulty in finding rental housing stock that is appropriate for their household size and affordable. The 1990 data indicate that there were 719 households in Los Gatos which had 5 or more persons. However, in Los Gatos, the majority of the households with 5 or more persons are owner -occupied households. Approximately 83% of households with 5 or more persons, or 596 households total, were homeowner households. Therefore, the assumption is that these are probably family households with 3 or more children at home and that the units they have chosen to buy are appropriately sized for their household. Overcrowded households then do not appear to be a significant housing issue in Los Gatos at this time. 5 HOMELESS HOUSE H 1PS PeScription Households in 1.o5 Gatos It is very difficult to develop a precise and realistic description of homeless households in a community. This is due to several reasons but one of the more significant is the lack of good data on the number and type of homeless households. The 1990 U.S. Census attempted to identify homeless households during their "S-Night" count on March 20-21, 1990. During the evening hours of March 20 and the early morning hours of March 21, census takers attempted to count the number of persons in emergency shelters and persons visible in street locations. However, even the Census Bureau cautions users of this data that the data is not considered to be complete and that there were probably many more homeless persons than reported in this survey: One source of data that attempts to describe homeless households is the "1995 Overview of Homelessness in Santa Clara County," a report prepared by the Santa Clara County Homeless Coordinator's Office. This report presents the results of a countywide survey of the homeless population undertaken in January, 1995. That survey resulted in the following information: • approximately 1,700 homeless persons were estimated to be without shelter at the time the survey was taken, • the number of children who are homeless comprised 23% of the total sample count, • the number of working homeless has more than doubled from 12% identified in a 1989 report to 25% in the 1995 report, and • mental illness and substance abuse are problems that continue to be a significant factor for the County's homeless population. POPULATION AND HOUSEHOLDS The 1995 report further estimates that, based on tumover rates in shelters and adding in the approximately 9,000 AFDC single head of household with children who requested homeless assistance for fiscal year 1994-95, there probably were a total of 16,300 persons in the County who experienced a period of homelessness for that year. Most of the visible homeless in the County are the "urban" homeless. Suburban communities, such as Los Gatos, do not have the visible homeless but may have invisible homeless who may be camping along creeks or living in their cars for limited periods of time. Representatives of the Town's Police Department estimated in 1996 that there were on average less than 5 persons known to be homeless at any one time in Los Gatos. This would include people visibly identified as potentially homeless but, of course, does not include persons living in their cars or camping in hidden locations. 12 Resources Available Tz2. Hornele Households There are no emergency or transitional shelters in the Town of Los Gatos. The Town does participate, however, in the Santa Clara County Collaborative on Housing and Homeless Issues. The Collaborative follows a "Continuum of Care" approach in addressing the needs of homeless persons. Basically, the continuum consists of the following steps in providing homeless resources: i). Prevention Services ii) Emergency Shelter iii) Transitional and Permanent Affordable Housing Listed below is a description of the resources available to Los Gatos households according to the "Continuum of Care" approach. i) Prevention Services: The goal of this first level of resources is to prevent households from becoming homeless. Households who are "at risk" for becoming homeless are those who are lower income and who have a difficult time paying for their existing housing. Traditionally, these include households who "overpay" for housing (paying more than 30% of their income for housing) as well as households who experience job termination or reduction or marital separations. Part of the prevention resources are the provision of emergency food and clothing funds as well as emergency rent funds and rental move -in assistance. ii) Emergency Shelters, Transitional and Permanent Affordable Housing In 1995, there were 1,260 emergency shelter beds and 557 transitional housing beds in the County. The majority of these are located in San Jose shelters. There are some facilities in north and south county areas, including Palo Alto, Sunnyvale, Gilroy and Milpitas. The County's goal is to assist communities in locating shelters which are accessible to support services and serve the neediest population bases. POPULATION AND HOUSEHOLDS There are no plans to provide an emergency or transitional shelter in Los Gatos at this time. The Town does contribute financially, however, to supporting the Emergency Housing Consortium. From 1991-96, the Town has provided approximately $14,000 in funds to the Consortium. These funds are in addition to CDBG and other funds provided by the County of Santa Clara to homeless shelter providers and service providers. There are additional limited resources in the Town for homeless individuals or persons threatened with homelessness. Vouchers for food and shelter are available on a limited basis from the Salvation Army. The Town Police Department has access to these vouchers as does staff at the Senior Neighborhood Center. There are also food pantries at several of the local churches in the community. St. Mary's and St. Luke's are two churches in Los Gatos that provided food pantries in 1996. 16 CHAPTER 3: HOUSING STOCK Inventory of Housing Units As of January 1, 1996, there were 12,235 residential units in Los Gatos according to State Department of Finance figures. This was an increase of 413 units from 1990 when there was a total of 11,822 units in the Town. Over the six year period from 1990-96, the 413 units represent an average increase of 68.8 dwelling units added to the housing stock each year. This is in comparison to the decade between 1980-90 when the average annual increase in dwelling units in Los Gatos was 95.9 units. There are several reasons for the decline in housing production in recent years. First, like many other communities in the San Francisco Bay Area, the 1980-90 decade was a busy and prosperous time for residential development. However, the real estate market began a "correction" in the late 198Cs and into the 1990s. Coupled with this was a national credit crunch in the early 1990s, brought on by the federal re -regulation cf the banking industry in the aftermath of the savings and loan debacle. This credit "tightening" limited the ability of homebuilders and apartment developers to obtain the capital they needed to finance new residential construction. A second and equally significant reason is that the amount of land available for residential development has decreased, especially in an essentially "built-up" community like Los Gatos. With Tess land available fcr residential use, the amount of units expected to be produced decreases also. The future production of new housing units in the Town is an important issue. Availability of land and economic issues are going to continue to be important variables in determining the rate of new housing produced in the Town. Additional information on land availability and estimates of new housing to be produced during the time frame of this Housing Element Technical Appendix can be found in Chapter 5 ("Future Housing Needs") and Chapter 6 ("Housing Constraints") of this document. Housing Units by Type and Tenure The majority of housing units in Los Gatos are single family units. Approximately 71 % of the total housing stock in 1996 were single family units with 80% of those single family units being single-family detached units and the remainder were single family attached units (e.g. condominium and townhouse units). Multi -family units in structures of 2-4 units represented 8% of the housing stock in 1996 and approximately 20% of the housing stock consisted of multi- family units in structures of 5 and more units. Mobile homes represented 1 % of the total housing stock. 17 HOUSING STOCK illustration #6 Housing Stock by Type, Town of Los Gatos, 1996 Mcarle Hanes 5+ Chits 2-4 Units 5rnyie-Famrl y 0 2000 4000 E000 8000 i0000 Sing te-Partin Units fruits i :;2 4 St Ctures Units in.:5+ St tr res l biie.I orales TOTAL £rifts 47. Units 2. Units .. ; 47S Units 50 Units. 12285 Units: It is interesting to compare the change in housing type from 1990 to 1996 in the Town. The unit type with the greatest increase in the number of units as well as percentage increase is mufti -family units in structures of 5+ units. There were 378 new units added to the housing stock between 1990-96 in structures of 5+ units. This compares to only 50 new single family units added to the housing stock in the same time period. illustration #7 Change in Housing Unit Type, Town of Los Gatos, 1990-96 Type of Unit 199C Total 1996 Total Percentage Orange Single Family Structures of 2-4 Units Structures of 5+ Units Mobile Homes 8597 880 141 8647 962 150 <1% 9% 18% 6% HOUSING STOCK In regards to housing tenure, the majority of units in the Town are owner - occupied units. Approximately 64% of the occupied units in the Town are owner -occupied units. The percentage of owner -occupied units in the Town has increased according to U.S. Census figures. The 1980 U. S. Census data indicated that 61% of the occupied residential units in the Town were owner - occupied and the remaining 39% were renter occupied. By 1990, census figures reflected that those percentages had changed slightly to 64% owner occupied and 36% renter occupied. The chart below compares the percentage of owner occupied and renter occupied units in the Town's housing stock in relation to surrounding communities and the County as a whole. Los Gatos' homeownership percentage (64%) falls between the neighboring communities of Campbell (47%) and Saratoga (89%). In effect, Los Gatos' housing pattern represents a transition from Campbell's more "urbanized" community with a significant rental housing stock and yet not as totally suburban in character as Saratoga's housing stock. In fact, Los Gatos' homeownership rates are very similar to that of the County as a whole, which is 59%. Illustration #8 Housing Units by Tenure, Los Gatos and Surrounding Communities, 1990 % of Renter Occupied Units 7 of Owner Occupied Units Campbell 53% San Jose 39% L•0 SDaratoga::...........................................>..11% Monte Sereno 7% Santa Clara County 41 Source: U.S. Census, 1990 47% 61% 89% 93% 59% Most of the owner occupied units in the Town are three bedrooms or larger in size. Approximately 80% of all owner occupied units are three bedrooms or larger. The average number of bedrooms in an owner -occupied unit is 3.22 bedrooms while the average bedroom size of a renter -occupied unit in the Town is 1.85 bedrooms per unit. Vacancy Rates Vacancy rates have traditionally been used as a gauge to measure the health of a community's housing market. Low vacancy rates (typically defined as anything less than 3% for homeowner units and 5% or less for renter units) can indicate a HOUSING STOCK tight housing market with few vacant units which then creates a high demand for those vacant units. Data from the 1990 U.S. Census indicate that a total of 549 units were vacant out of a total housing stock of 11,822 units. This reflects an overall vacancy rate of 4.6%. Of the 549 units available, 218 units were available for rent, 96 were for sale. and 30 units were vacant because they were recreational or seasonal units. The remaining 205 vacant units were classified as "other," which indicates a number of possibilities. Included in these possibilities is that the unit was in the process of being remodeled or rehabilitated, the property was in the process of being converted to another use, or that the census could not determine the status of the unit from the information available. If the vacancy rate of the Town was calculated solely on the actual number of units available for rent or sale (314 total), then the revised vacancy rate for rental units would be 5.1% and the rate for homeownership units would be 1.3%. Illustration #9 Vacancy Rates: Owner Occupied and Rental Units, Town of Los Gatos, 1990 Total # of Units # of Vacant Units Vacancy Rate Rental Units 4,251 218 5.1% Owner Units 7,336 96 1.3% The 1996 Department of Finance figures (State of Califomia) indicate that the vacancy rate has not changed significantly since 1990. The January 1, 1996 vacancy rate for Los Gatos was 4.64%. This figure is higher than the average vacancy rate of other incorporated areas in the County which was 3.73%. These vacancy rates reflect all units, whether owner occupied or renter occupied. In looking at multi -family complexes only, it appears that the vacancy rate is much lower than it is for the Town as a whole. ReaiFacts, a data firm which tracks rental data for complexes of 40 or more units, reports that the vacancy rate in multi -family units in Los Gatos has decreased from 2.2% in 1994 to Tess than 0.5% in 1996. In a community like Los Gatos which has rent stabilization provisions, the vacancy rate for rental units becomes an issue of serious concern. The data from the 1990 U.S. Census and the 1996 Department of Finance estimates indicate that the Town's overall vacancy rate is within a "healthy" range. However, the 1994-96 data from Real Facts regarding large mufti -family complexes would indicate a very low vacancy rate for multi -family, rental units. This appears to be a recent trend in Santa Clara County, as noted in the report "No Vacancy: How to Increase the Supply and Reduce the Cost of Housing in Silicon Valley." (1996) According to data in that report, every community in Silicon Valley except Campbell has reported a vacancy rate for multi -family HOUSING STOCK rentals of Tess than 2%. The report indicates that the decline in rental vacancy rates in due to a slowdown in multi -family construction coupled with recent and rapid job growth. Housing Age and Condition Approximately 72% of Los Gatos' housing units were built in the three decades between 1950-80. Only 20% of the 1990 housing stock was built prior to 1949. This is similar to many other Califomia communities where the years following World War II saw a massive amount of new residential construction. Illustration #10 Year Structure Built, Town of Los Gatos, 1990 4000 3000 2000 1000 0 Pre - 1950- 1960- 1970- 1980- 1949 59 69 79 89 Year Residential Structure Built Pre-1949 1950-59 1960-69 1970-79 1980-89 Number of Units 2,366 units (20% of total) 2,196 units (19% of total) 3,459 units (29% of total) 2,713 units (23% of total) 1,043 units (9% of total) Source: 1990 U.S. Census In determining housing condition, there are several levels of analysis that a community can utilize. A general overview of the condition of the housing stock can often be determined by looking at census data indicators such as the age of housing or the lack of complete plumbing facilities in a unit. The next level of analysis is usually a "windshield survey" of the housing units in which the exterior condition of housing units is assessed. A third, more detailed and much more costly analysis is a thorough house by house interior and exterior analysis of housing condition. By looking at census data indicators only, Los Gatos' housing stock is not substantially at risk for having severely deteriorated units. The majority of the Town's units (80% of all units) were built after World War II and so there are not significant numbers of very old housing units (50+ years) in the Town. Further, HOUSING STOCK the census data indicate that in 1990 only 9 of the City's 11,822 total units lacked complete plumbing facilities. During 1983-84, the Town did conduct a comprehensive housing stock condition survey. Over a one-year period, approximately 90% of the Town's housing stock was evaluated. The survey results at that time indicated that there were 433 units (or 4.5% of the total stock surveyed) that were suitable for rehabilitation. Another 8 units were identified as so substandard that replacement rather than rehabilitation would be required. It is important to note also that the 1989 Loma Prieta earthquake affected many residential units in Los Gatos. The Town monitored the rehabilitation of approximately 785 residential buildings, distributing over $3,000,000 in State funds and $300,000 in private funds. Approximately 72% of those units needed chimney repairs, 27.5% required foundation repair or reconstruction and the remaining units (0.5%) were found to be in need of demolition. Financial and technical assistance for housing rehabilitation has been provided by the Town since 1976. This assistance is provided to low and moderate income households whose housing units are in need of repair or safety improvements. As of December, 1995, a total of approximately 325 clients have been assisted through this program. Demand for the program however has decreased in recent years. From 1991-May, 1995, a total of 14 units have been rehabilitated. All of these units were owner occupied units, although mobile homes and rental housing are eligible for assistance also. It is important to continue to provide housing rehabilitation assistance for limited income households, especially as the Town's housing stock continues to age. In order to increase program activity, the Town should consider implementing a continuous and systematic marketing strategy to inform property owners of the availability of the housing rehabilitation program. Further, the Town might want to target the two mobile home parks in the Town for more in-depth marketing strategies. The housing rehabilitation program is a valuable asset in the Town's "tool bag" of resources for conserving existing housing, especially affordable housing. Therefore, there should be a concerted and continuous marketing effort to keep residents and property owners informed about the program. Cost and Affordability of Housing 1. HOMEOWNERSHP Housing costs continue to be a concern for California communities, especially in the San Francisco Bay Area. Los Gatos is a very desirable community and, consequently, the cost of housing is especially high. Unless publicly subsidized in some manner, homeownership in Los Gatos is available only to households with high incomes. For example, the median price of a single family detached home in the Town of Los Gatos for calendar year 1995 was $450,000. For the same time period, the median price of a condominium or townhouse in Los HOUSING STOCK Gatos was $229,000. (Source: San Jose Real Estate Board, June, 1996) Assuming a standard 20% down payment and an 8% mortgage with a 30 year term, a household would need to have an annual income of approximately $132,100 to afford the median sales price of $450,000 for a single family detached home. The monthly payment for principal, interest, taxes and insurance is estimated to be $3300 per month and it is assumed that the household would pay no more than 30% of their income for housing costs. Using the same assumptions, the household income required to purchase the medium price condominium or townhome in Los Gatos would be approximately $67,239 per year. This assumes a payment of $1,681 per month for principal, interest, taxes, insurance and homeowner association dues. The information in the paragraph above indicates that households either need a high household income to afford the median priced housing unit in Los Gatos in 1995 or else would need to have a substantial amount of funds for a large down payment so that the monthly mortgage costs would be reduced. Low and moderate income households do not have the household incomes needed to afford these units and, typically, do not have access to large amounts of funds to use for downpayments. For example, according to the chart on page 9 of this document, a four person household with a household income of $42,100 or Tess would quality as a low/moderate income household. This family could theoretically be a public school teacher with a spouse and two young children at home. The maximum house purchase price that this family could afford would be approximately $143,392. This family could definitely not afford the single-family detached home in Los Gatos with a 1995 median sales price of $450,000 or even the median priced condominium costing $229,000. Illustration #11 Homeowner Affordability, Town of Los Gatos, 1995 School Teacher Family (Income Under 8,0% of Median Income) Household Who Could Afford Median Priced Condominium Household Who Could Afford Median Priced Single Family Home Annual Income $42,100 ' $67,239 $132,100 Monthly Income $3,508 $5,600 $11,000 Maximum Monthly Housing Cost (30% of Income) $1,052 $1,681 $3,302 - Taxes and Insurance (% of Monthly Housing Cost) 20% 20% 20% Maximum Monthly Mortgage Payment $842 $1,345 $2,642 Maximum Mortgage Loan* $114,714 $183,200 $360,000 Downpayment 20% 20% - 20% Maximum Purchase•Price _.4143 39Z.; 1$229, 00 w' '$450;000 *Chart assumes household obtains an 8%, 30 year mortgage with a 20% down payment. 23 HOUSING STOCK 2. RENTAL H OUSING As the information on the previous pages indicates, homeownership is usually out of reach of low and moderate income households in Los Gatos. Rental housing therefore becomes their only housing resource. But even rental housing is expensive for limited income households. For example, the 1990 U.S. Census data indicate that the majority of renter households with incomes under $20,000 were overpaying for housing. Approximately 75% of Los Gatos renter households with annual incomes under $20,000 were paying more than 30% of their income for housing. Los Gatos does have a Rent Mediation Program that is applicable to rental units in structures of 3 or more units. Rent increases are limited to the greater of either a 5% annual increase or 70% of the Consumer Price Index. Rents can be further negotiated, however, if the property is sold or if significant capital improvements are made to the property. The Town's Community Services Department monitors the program and contracts with Information and Referral Services to provide mediation services for appeals to the program's rent limits. Even with the Rent Mediation Program, however, the average monthly rent for a Los Gatos multi -family unit in 1996 was $1,110. (Source: Real Facts, June, 1996) Rents ranged from an average of $715 for a studio unit to $1,310 for a 2 bedroom/2 bath unit. The chart below compares the amount of money low and moderate income households theoretically have available for housing costs to the average rent for a multi -family unit in Los Gatos. The maximum monthly housing cost is calculated at 30% of household income. Illustration #12 Rental Housing Affordability, Town of Los Gatos 1996 Very Low (0-50% of Median) Lower (51-80% of Median) Moderate (80-120% of Median) Maximum Annual Household Income $33,700 $42,100 $80,900 Maximum Monthly Average Rent for Housing Cost Multi -Family Unit $2022/month Source: Four Person Households, State of California Income Definitions, 1996 The chart above suggests the four person very low or lower income household could not afford the average multi -family unit in Los Gatos. If the very low income household with an annual income of $33,700 chose to rent the average multi -family unit, they would then be paying almost 40% of their income for rent (and does not include utilities which will increase the percentage even more). The household with an income of $42,100 per year likewise could not afford the 24 HOUSING STOCK average multi -family unit, using a 30% housing cost to income ratio. Only the moderate income households with incomes of $50-80,000 per year could theoretically afford the average unit. In summary, affordable housing is out of reach to low and moderate income households in Los Gatos. Homeownership in Los Gatos is expensive and available only to households with higher than average incomes. Without a public subsidy in some manner, the average homeownership units in the Town require household incomes of $67,000-132,000 at a minimum depending on unit type. Moderate income households can definitely "afford" typical rental unit housing costs, but lower and very low income households have a much more difficult time. Very low income households, in particular, are much more challenged in finding a rental unit that is appropriately sized for their household and affordable too. 25 I-30 CHAPTER 4: EXISTING AFFORDABLE HOUSING OPPORTUNITIES Town Housing Programs and Policies The Town of Los Gatos has historically been very active in developing and supporting affordable housing programs. For :=xample, in the mid-1970s, the Town initiated a housing rehabilitation program using federal Community Development Block Grant (CDBG) funds. The Town continues to provide housing rehabilitation assistance in a joint effort with the County of Santa Clara "Urban Counties" program. In 1976, the Town initiated a "Below Market Price" program which requires a certain percentage of affordable units in new multi- family rental and ownership projects. Further, in 1994-95, the Town adopted an "Affordable Housing Plan" for the use of Redevelopment Housing Set -Aside funds. The Town expects approximately $671,000 in housing funds to be generated from 1996-99 and to be available to be used for affordable housing activities. In addition to designing and administering affordable housing programs, the Town has also directly assisted in the development of affordable housing units. For example, in 1993 "Open Doors" was completed and occupied. This is a 64 unit, 100% very low and low income new construction, multi -family project. The development is unique in that it includes dwelling units ranging in size from 2-4 bedrooms and has an on -site child care center. The Town assisted the non- profit sponsors with approximately $669,000 in financing to help with pre - development and acquisition costs. This is a recent example of the level of commitment provided by the Town to increase the supply of affordable units, especially units affordable to families. This Chapter of the Housing Element is intended to summarize the type of housing programs and affordable housing opportunities available in Los Gatos. Illustration #13 on the following page provides a graphic summary of the type of housing programs available in Los Gatos as of Fall, 1996. More detailed information on each of these programs is then provided on the pages that follow. EXISTING AFFORDABLE HOUSING OPPORTUNITIES Illustration 113 Housing Programs, Town of Los Gatos, 1996 Name of Type of Assistance Administered by: Funding Program Source .:....C. ii9i: :.:.�::•,jy);.: �.�:.::::.... J:... •::::,i;;ifiry' iff��•i?T'�:<�•r'..:i4)S'(GCi•':iiY: Y. :..i:iiiiiiiiii.�:.�. ):h:'vv •%{{4i:Q:i^;!:C:>O....i......�Q.......:�...:.�....n......}}. �4fv: 4:}.�iv 'T::.:S,h.`,G^.ti•:•::}.'..��6.tS;n:4.::u..:f.;{{.±Y:vfG'i}i:{:^:ii::i:::5. . row �r�M� .. t :..: ;:�:, ti� Below Market Price (BMP) Requires new residential developments to provide a certain number of affordable units or to contribute "in -lieu" fees instead of units Town of Los Gatos: Planning Department and Community Services Department Program Administra- tive Costs Paid with "In -Lieu" Fees Density Bonus Program Allows additional units to be built in a residential development if housing is restricted to senior, disabled or lower - income households Town of Los Gatos: Planning Department and Community Services Department Not Applicable Affordable Housing Fund Funds available to provide affordable housing assistance such as reducing costs of housing, landbanking, etc. Town of Los Gatos: Planning Department and Community Services Department BMP In -Lieu Fees, Redevelop. Housing Funds, Program Income from past CDBG Activities Redevelop- ment Housing Plan Provides strategies and funds for the preservation and/or development of affordable units Town of Los Gatos: Planning Department and Redevelopment Agency Redevelop. Housing Funds (Tax Incre- ment Funds) Federal CDBG Funds Housing Conservation Program Funds available to rehabilitate rental and owner occupied housing units in Los Gatos Town of Los Gatos: Community Services Department Rent Mediation Program Monitors and regulates annual rent increases in multi -family structures of 3 or more units Town of Los Gatos: Community Services Department Not Applicable EXISTING AFFORDABLE HOUSING OPPORTUNITIES illustration *13 Housing Programs, Town of Los Gatos, 1996 (Continued) Name of Program Type of Assistance Administered Funding Source by: Mortgage Credit Certificate For low and moderate income homepurchasers, the MCC allows a tax credit for federal income tax purposes and allows purchasers to qualify for a larger mortgage amount County of Santa Clara: Office of the County Executive No direct federal funds are involved; program relies on tax credits taken against federal income tax owed Shared Housing Program matches senior households with other 1 or 2 person households for the purpose of sharing housing costs and space Project MATCH Federal CDBG funds are used to fund administrative costs of Project MATCH o txg: �s a its. cri ptia o the hour r g programs sutttm �# i able above and on fine previous Pa e. Town Housing Programs 1. BELOW MARKET PRICE (BMP) PROGRAM One of the most significant housing programs adopted by the Town is the "Below Market Price" (BMP) Program. The BMP program was initiated in 1979 as a mechanism to increase the supply of housing affordable to individuals and families with low to moderate incomes. The BMP program requires that a certain number of units in new residential developments be designated for low and moderate income occupancy. The exact number of units required is established by Ordinance and depends on the type and size of the development. For example, projects of 5-19 market rate units must provide a number of BMP units equal to 10% of the market rate units. Certain projects may contribute an in -lieu fee instead of constructing actual units. The in -lieu fee is then deposited in the Town's Affordable Housing Fund. The current (1996) inventory of BMP units in the Town is 16 owner -occupied units, 4 rental units and 29 rental units at a continuing care facility. In addition, there are 10 owner occupied BMP units either under construction or anticipated EXISTING AFFORDABLE HOUSING OPPORTUNITIES to be completed by mid-1997. BMP ownership units are initially sold at affordable prices to low and moderate income persons and certain restrictions are recorded with the grant deed to ensure that there will be continued occupancy and ownership of the unit by low and moderate income persons. The deed restrictions are designed to ensure that the units, even on resale, will remain affordable. When a BMP owner wishes to sell the unit, he or she must give the Town the right of first refusal to purchase it. The Town has six months in which to find a new purchaser. There have been problems experienced in recent years with the resale procedure and, unfortunately, 2 BMP units have been lost from the inventory due to these problems. This issue and suggested corrective actions are discussed in more detail on page 63 of this document. Community Housing Developers maintains a waiting list of people interested in purchasing a BMP unit. In order to participate in the BMP, applicants must have incomes that do no exceed annually established income limits. Further, there are priority points awarded to certain household types such as elderly, disabled, Town employees, Town residents, etc. Applications for the BMP Program can be obtained at 'Community Housing Developers' offices whose phone number is listed in Appendix 3 of this document. 2. DENSITY BONUS PR.OG RAM The Town's Density Bonus Program provides a density bonus of up to 100% of the units permitted by the land use designation for housing restricted to seniors, disabled persons, very low and low income households. From 1985-90, 115 density bonus units were approved. From 1990-96, 27 additional units were approved because of the density bonus program. 3. AFFORDABLE HOUSING FUND The Town maintains a "BMP In -Lieu Fund" which had a balance of approximately $144,000 at the end of 1995. The fund has been used to pay administrative costs of the BMP program and has not yet been used for any specific affordable housing program or project. However, it is expected that this fund will increase substantially during the time frame of this Housing Element to over $500,000 because of payments expected from the Kennedy Estates development. One of the recommendations included in this 1996 Housing Element Update is to further strengthen the fund by adding Redevelopment Housing funds to the fund balance and to build new units affordable to very low and low income households with fund proceeds. 4. R.EDEVELOP MENT HOUSING PROGRAM In 1991, the Town adopted a Redevelopment Plan for the Central Los Gatos area and, in 1992, began implementation activities in that area. According to State law, approximately 20% of tax increment funds generated in a Redevelopment area are to be used for affordable housing. Communities with EXISTING AFFORDABLE HOUSING OPPORTUNITIES redevelopment activities must also develop a written plan that identifies goals and projects for the use of those funds. The 20% tax increment funds are an important housing revenue source for a local community. Communities have a great deal of flexibility in using those funds as compared to State or Federal housing funds which may have detailed eligibility and use restrictions. Los Gatos' Redevelopment Agency estimates that from 1994-99 the Town's Redevelopment Housing Fund will generate approximately $671,000 in revenues to be used for affordable housing. It is recommended that the Town consolidate the Redevelopment Housing Funds with the funds in the Affordable Housing Fund in order to develop a unified source of funds for the development of affordable housing in the Town. Further, after reviewing housing needs as identified in this 1996 Housing Element Update, it is recommended that the primary use of the Affordable Housing Fund (which would include Redevelopment Housing Funds) be for the development of new units affordable to very low and low income households. As part of the 1996 Housing Element Update process, the Town's 1994 Redevelopment Housing Plan was reviewed. A copy of the review is included in Appendix #1 of this document (the 1996 Housing Element Update) and it contains suggested revisions to the 1994 Redevelopment Plan in order to bring it into compliance with State law and with the housing issues and needs as identified in the 1996 Housing Element Update. a HOU SING CON SE RYATION P ROGRAM In 1976, the Town initiated a program that was designed to assist in the rehabilitation of housing units occupied by lower income households. The program has continued to operate since 1976 and currently the Town provides both financial and technical assistance to owners of units occupied by lower income households. The Town provides both loans and grants to assist in financing repairs to correct health or building code violations, handicap accessibility modifications, earthquake safety or alleviate overcrowded situations through additional bedrooms or baths. Since 1988, approximately 16 homeowner households have been assisted through the program. There have been no rental units assisted by the program since 1988 but there were rental units rehabilitated with program funds prior to 1988. It is anticipated that approximately 6 units per year will be assisted through the program from 1996-99. 6. RENT M ED1AT1ON P ROG RAM The Rent Mediation Program monitors rent increases in multi -family housing developments of 3 or more units in the Town. The administration of the program is contracted out to a local non-profit organization, Information and Referral Services. EXISTING AFFORDABLE HOUSING OPPORTUNITIES Generally, rent increases are limited annually to the greater of 5% or 70% of the Consumer Price Index for that year. However, if repairs are made to the property or if the property is sold, additional rent increase can be allowed. Staff at Information and Referral Services work with property owners in determining appropriate rent increases. Further, staff can also provide information and mediation services in regard to certain type of tenant -landlord issues. Federal and State Housing Resources tCOMMUNrTY DEVELOPMENT BLOCK GRANT FUNDS The Town of Los Gatos is one of 15 member communities in the Santa Clara "Urban County." Members of the Urban County are eligible to receive federal funds that can be used for affordable housing. The two most common sources of federal funds used for housing directly by communities are CDBG (Community Development Block Grant) funds and HOME funds. Six of the 15 Urban County communities receive CDBG funds directly from the federal government. The remaining 9 communities (of which Los Gatos is one) participate in the CDBG program as a group, with the County of Santa Clara as the lead agency. The primary activity that Los Gatos has funded with their share of CDBG funds is the housing conservation program, which is described above. The Town has also used CDBG funds to provide accessibility improvements and grants to public service agencies. In addition, CDBG funds are used countywide to provide funding to agencies which also serve Los Gatos residents. This includes Project MATCH (shared housing) and Emergency Housing Consortium (Homeless and transitional housing assistance). 2. MORTGAGE CREDIT CERTIFICATE PROGRAM The Town participates in the Mortgage Credit Certificate Program through the County of Santa Clara. This program provides an opportunity for low and moderate income households to receive a federal tax credit for the purchase of a housing unit. This tax credit then theoretically allows the household to have more income available to afford their mortgage payment. From 1988-96, approximately 51 Los Gatos households have utilized Mortgage Credit Certificates. 31 EXISTING AFFORDABLE HOUSING OPPORTUNITIES 3. SHARED HOUSING PROGRAM The Shared Housing Program is operated by Project MATCH, a local non-profit agency. (Please see Appendix 3 of this document for Project MATCH's phone number.) The Program brings together people who need housing with those who have housing to share. The primary emphasis is on senior households although seniors can be matched with other non -senior households. Staff at Project MATCH conduct interviews with potential clients, conduct need assessments, match compatible clients, develop "living together agreements," and also conduct follow up to ensure a good match relationship. The goal is to provide housing that is affordable and compatible for both households. From 1990-95, approximately 163 Los Gatos residents were assisted through Project MATCH. Over 95% of the matches were single -person households, predominantly females. Of the 163 Los Gatos residents assisted, 97 were homeseekers and 66 were home providers. Project MATCH participates in the "Homeless Prevention Program" (HPP) and reports that 33% of the Los Gatos homeseekers were HPP clients. The type of household served by Project MATCH is typically lower income. In fact, the average income of the Los Gatos resident assisted in the program from 1990-95 was $1311 per month. ..y:-:::::-;}:::.:.::•: :i3,.'�."!�i•:'-:::. �: :::: ::nlyo :::::n;'.t:.:':::..; s = Vices t o affv n` a cha EXISTING AFFORDABLE HOUSING OPPORTUNITIES Illustration #14 Affordable Housing Unit Inventory, Town of Los Gatos' Project Name Ownership Type of Number Affordable Units/ Affordable Funding Source. Very If Applicable Low In. .. :::..q k:::: t..:��i..��- ,:Yv;�•.'' :.;2}::,''''' • •-•n•:., ,--k/::•'::y�' :.-N.;k...: iy' . :Cisx{r"v:.}i-:.,} : ti:`•?v' }Vvwl '# X{:•i : m{iY.'v :k? $.4 .{i{•-{{:fn.,.f..?7Y1,.?- : r.t '.:. �DY 4} ':.i::•'::•:}:i:'i..�r„w.�r}•-.AnAG'f3 ':'.: q} : '%. � S 'Q ��}': tiy}..v.: •:•.n�....... flu $� .... ...: �• } Yy z : , and Type of Units: Lower Moderate Income Income .7 L\'.; Y.';ri^:Tr:::' Forbes Mill Private •weer Occupied 0 3 0 Arroyo Rinconada Private Owner Occupied 0 3 1 Court -,style Private Owner Occupied 0 2 3 Pollard Oaks Private Owner Occupied 0 0 2 Fountain Lane Private Owner Occupied 0 0 1 Town Court Private Owner Occupied 0 0 1 The Terraces American Ba•tist Home Renter Occupied: Elder/ 0 29 0 Beckwith A.ts. Private Renter Occupied 0 2 0 Los Gatos Oaks Private Renter Occupied 0 2 0 03 apteX { °,f' < Mid- Peninsula Housing Coalition Renter Occupied: Elderly Section 8: Moderate Rehab 4 0 0 u':': ' > :>< A' A• �, '' {„Y .k i i Nib: • Community Housing Developers Renter -Occupied: Group Home for Elderly Females Section 8: Moderate Rehab 8 0 0 $= : ->r ,:i: ' ]`i%,.. ,�,.-k:.fig .�:.;•:>:n:-��:�'�� :....::: Community Housing Developers Renter -Occupied State, Local and Private Financin • 0 4 0 :�.�.:h>' S:fl:.. `,.s{ ?;<< �z?n:,? ' Mid- Peninsula Housing Coalition Renter Occupied Low Income Tax Credit, State and Local Financin• 60 4 0 '>«< <<>y a PMG Properties Renter Occupied: Elderly and Handicapped Section 8: New Construction 107 0 0 TOTAL UNITS 179 49 8 "Notes: 1. Table reflects units built and occupied as of June, 1996 2. State of California Income Definitions Used (see page 9 of this • document for definitions) 33 —38 CHAPTER 5: FUTURE HOUSING NEEDS According to State Housing Element Guidelines, Housing Elements should include an analysis of the number of housing units to be built, rehabilitated and/or conserved in order to meet the community's current and future housing needs. Following is an analysis of Los Gatos' new construction, rehabilitation and conservation needs. New Construction Needs The Association of Bay Area Governments (ABAG) has developed estimates of housing need for communities in the San Francisco Bay Area. The ABAG document, "Housing Needs Determination" (January, 1989), provides information which identifies regional housing needs and responsibilities and provides communities with estimates of projected housing needs from 1988-95. The estimates were developed by taking into account the following six factors: • market demand for housing, • employment opportunities, • availability of suitable sites and public facilities, • commuting patterns, • type and tenure of housing, and • housing needs of farmworkers. Using available data and projections based on future employment and population trends, the 1989 ABAG document estimates that the total projected housing need for Santa Clara County is 73,138 new units for 1988-95. Los Gatos' share of that total need is 553 units or less than 1% of the County's total need. The ABAG estimate of new units needed in Los Gatos was originally developed for the period from 1988-95. At the time that the estimate was produced in 1988, it was assumed that ABAG would issue new figures for the time period after 1995. Due to various reasons, however, ABAG has not produced new figures. The State of Califomia has therefore extended the time frame from 1995 to July 1, 1999 for ABAG communities and communities are to continue to use the original 1988-95 estimates in estimating new construction need. Therefore, the new construction need estimate for Los Gatos for the time period from 1988-99 continues to be 553 units. In addition to projecting overall new construction needs, the ABAG Housing Needs Plan further quantifies housing needs by income category. The intent of this action is to more equitably distribute the type of households by income category throughout a region so that no one community is "impacted" with a particular household income group. The table on the following page indicates the distribution of the 553 projected units by income category. FUTURE HOUSING NEEDS Illustration *15 Al3AG New Construction Need by Household Income Level, Town of Los Gatos 1988-99 Type of Household by Income Level 1988-99 Need Very Low Income 0-50% of Median Income 105 Low Income 51-80% of Median Income 83 Moderate Income 81-120% of Median Income 111 Above Moderate Income 120%+ of Median Income 254 TOTAL t NEEDADDRE9ED TO DATE (JANLIARY1,1988- JAN1L6J Y1,1996) On January 1, 1988, there were 11,740 housing units in Los Gatos according to the State of California, Department of Finance. The same data source reports that there were 12,235 housing units in the Town as of January 1, 1996. Therefore, there have been a total of 495 units added to the housing stock during the time period of January 1, 1988 to January 1, 1996. These 495 units represent 89.5% of the Town's total new construction need of 553 units. Because the new construction need was developed based on sub -components of household income level, it is important to review the breakdown of the 495 new units by household income level. Following are the new units added to the housing stock in Los Gatos between 1988-96 that can be identified according to affordability by specific household income levels. Very Low Income: 60 Units- Open Doors Low Income: Moderate Income: 4 Units- Open Doors 29 Units- The Terraces 4 Units- Below Market Price Rentals (Beckwith and Los Gatos Oaks) 2 Units- Below Market Price Sales (Vasona Hills) 39 Units TOTAL 5 Units- Below Market Price Sales Nasona Hills, Town Court and Fountain Lane) FUTURE HOUSING NEEDS In addition to the new units created in the housing stock, there were some affordable units created from the existing housing stock. These were units purchased by moderate income households using Mortgage Credit Certificates (MCCs). From 1988-96, 51 Los Gatos households used MCCs to purchase an existing unit in Los Gatos. Illustration *16 Revised ABA& New Construction Need 6y Household Income Level, 1988-99 Type of Household by Income Level 1988- 1999 Need 106 New Units Assistance Produced, to Existing 1988-1996 Units Revised Need, 1996-99 45 Very Low Income 0-50% of Median Income 60 I Low Income 51-80% of Median Income Moderate Income 81-120% of Median Income 111 I 44 5 IIIM 55 Above Moderate Income 120%+ of Median Income TOTAL 54 • 0 553 495 51 144 As the chart above indicates the revised need for 1996-99 is 144 units. All of the units needed are very low, low or moderate income units. The Town has met and exceeded its need for above moderate income housing and has no further identified need for that type of housing. Rehabilitation Need The Town's rehabilitation need is low, compared to many other California communities. As discussed earlier in this document in Chapter 3 (pages 21- 22), the majority of the Town's housing units were built after World War II and there are not significant numbers of very old (50+ years) units in the housing stock. In 1983-84, the Town completed a survey of the Town's housing stock which indicated that 433 units, or 4.5% of the total stock surveyed, were suitable for rehabilitation. It is estimated that this percentage has not increased since that time and has probably decreased to below 4.5%. This is due to the fact of Los Gatos' desirability as a place to live and the popularity in recent years of middle and higher income households buying older homes and repairing them. The 1989 Loma Prieta Earthquake did affect the housing stock with an estimated 785 residential units needing some type of repair as a result of the 36 FUTURE HOUSING NEEDS earthquake. Most of those repairs have been completed and, consequently, there is not currently a need for any additional assistance for those units. The Town does have two mobile home parks which contain units which may benefit from health and safety repairs, as well as accessibility modifications. Although there are not significant numbers of mobile homes in the Town (the two mobile home parks represent 1 % of the Town's total housing stock), the mobile home parks do provide an affordable housing resource especially for lower income residents. Conservation of Affordable Units Need Conservation of the existing affordable housing stock is critical in today's economic climate. Because of the high cost of providing affordable housing, it is extremely important to preserve and protect those affordable housing units which already exist in a community. State Housing Element Law requires communities to conduct an inventory of affordable units that might be "at risk" of converting to market rate units within a 10 year time frame of the Housing Element. The inventory is to include all multi -family rental units that have been funded with federal, state or local assistance. The table on the following page identifies multi -family rental units in the Town that have some type of public assistance. FUTURE HOUSING NEEDS Inventory of Publicly Assisted, Mufti -Family Rental Units, Town of Los Gatos, 1996 Illustration #17 Comments The Terraces is a residential care facility for the elderly. In 1993, the owners signed an agreement with the Town to provide 29 units at reduced prices for lower income (80% of median and below) households. The BMP program requires that the units be provided "in perpetuity." The units at this time are therefore not at risk of losing their affordability status. In 1982, Mid -Peninsula Housing Corporation acquired and rehabilitated this fourplex. The primary funding was a 15 year Section 8 Moderate Rehabilitation assistance. This assistance provided funds for the rehabilitation as well as a 15 year rent subsidy. The assistance will expire April 25, 1997. This group home for 8 elderly single female households was acquired and rehabilitated by Community Housing Developers. The Section 8 Moderate Rehabilitation assistance, which includes rent subsidies, is due to expire in 2003. This fourplex is owned and managed by Community Housing Developers. The public financing assisted with acquisition and rehabilitation costs. There are no on -going project -based rent subsidies. The project at this time is not at risk of losing its affordability status. Open Doors is managed by Mid -Peninsula Housing Corporation and is owned by a limited partnership of which Mid -Peninsula Open Doors Corporation is the General Partner. This project, occupied in 1993, received Low Income Housing Tax Credits for all of the 64 units and State Rental Housing Construction funds for a portion of the units. The project is not at risk of losing its affordability status at this time. This 107 unit elderly and handicapped development was occupied in 1984 with a 20-year Section 8 construction and rental subsidy agreement. The rental subsidies will expire in 2004. CO v 4 m �E ,0 m U •C a. E c 3 me12 3 0 of o Section 8 Moderate Rehab., Town Loan, State loan Section 8 Moderate Rehab., Town Loan Town loan, State loan, Private Financing Federal Low Income Housing Tax Credits, State and Town assist. Section 8 New Construc. Qo B[Z 0 Z 0 Z 0 4-+� U -� z en 0 CD0 I--F- x m ofl- �' 7 JC�ti m cm O SS 0 >m ~ �LLW.Q. m cq�� a 0 OD Villa Vasona FUTURE HOUSING NEEDS As the table on the previous page indicates, there are three housing developments in Los Gatos that are "at risk" of losing their affordability status. These include the Los Gatos Fourplex (Nicholson Avenue), Hartin House and Villa Vasona. Each of these developments is discussed in the paragraphs below. t LOS GATOS FOURPLEXAND HARTIN HOUSE These two projects are similar in that they are small projects whose owners are non-profit agencies and both have Section 8 Moderate Rehabilitation as their major funding source. The Los Gatos Fourplex is located at 221-227 Nicholson Avenue and is owned and managed by the Mid -Peninsula Housing Coalition. A major funding source for the fourplex has been the Section 8 Moderate Rehabilitation Subsidy, which is due to expire on April 25, 1997. This funding has provided a rent subsidy (Section 8) to the four tenants in order to help them afford the rent. The non-profit owner uses the rental income to retire the debt on the property which includes a private bank loan, a State loan and a CDBG loan from the Town of Los Gatos. Mid -Peninsula Housing Coalition is aware of the expiration of the Section 8 subsidy and is attempting to negotiate with the Santa Clara County Housing Authority to renew the Section 8 subsidy for at least another 5 years. It is unknown at this time if that attempt will be successful. Should it not, the Town needs to be prepared to re -negotiate the financing of its loan on the property as well as assisting the owner in re -negotiating the other loans if necessary to keep the property affordable. Hartin House, located at 221 Los Gatos Boulevard, is a group home for eight single women. The project is owned and managed by Community Housing Developers. The Section 8 Moderate Rehabilitation subsidies for this project are due to expire in 2003. Therefore, the concern is not as great at this time for Hartin House as it is for the Los Gatos Fourplex in that the subsidy is not due to expire for another 7 years from 1996. The Town needs to be aware of this expiration date, however, and monitor the status of the project as the year 2003 approaches. 2. VILLA VASONA Villa Vasona, a 107 unit elderly and handicapped development, is located at 626 W.Parr Avenue. It is owned by PMG Properties and was originally financed with CDBG funds from the Town of Los Gatos as well as Section 8 New Construction funds. The Section 8 funding provided a rental subsidy guarantee to all 107 tenants that will expire in 2004. As part of its agreement with the original owners of Villa Vasona, ownership of the development was to be transferred to the Town 65 years after the completion of development (approximately year 2049) for $1.00. Further, the agreement specifies that there are no rent limits set in the event that Section 8 rent subsidies expire. The agreement does state that if the subsidy does expire, FUTURE HOUSING NEEDS the development is to continue renting to elderly and handicapped residents of low and moderate income, as defined by HUD regulations. As the year 2004 approaches, the Town will need to review this agreement. Specifically, while the agreement may specify that units have to be rented to low and moderate households, it is unclear whether the rents will have to be affordable to low and moderate income households. The affordability of the units is as important as the occupancy of the units and the continued affordability of the units should be preserved as much as possible. 3. COST OFAC.QUIRING/REPLACING "AT RISK" UNITS It is very expensive to acquire or replace existing affordable units to prevent them from becoming market rate units. Communities need to do everything possible to preserve the existing affordable units in the housing stock because the costs are so high to acquire or replace the units. An estimate of the cost of acquiring the existing affordable units in Los Gatos is provided below. In estimating the cost of acquiring or replacing affordable units, it is helpful to look at "real -life" examples. Because there have been no conversions in Los Gatos in recent years, there are no local examples to utilize. However, the City of Palo Alto is a nearby community with a real estate and housing market similar to Los Gatos. In 1995, the City staff assisted a non profit owner to acquire, rehabilitate and conserve the Arastradero Park project, which was an existing affordable housing development that was at risk of being converted to market rate housing. The average cost to acquire, rehabilitate and conserve an Arastradero Park unit for lower income use in 1995 was $137,505 per unit. This included an average of $106,500 per unit for acquisition alone and another $12,000 per unit for rehabilitation costs. The $137,505 per unit cost would be appropriate to use as a comparison for Villa Vasona in that both projects are large, multi -family rental developments. The $137,505 figure may be too high for Hartin House and the Los Gatos Fourplex because these are much smaller projects and different types of real estate (a group home and a fourplex). Therefore, it is estimated that the fourplex would probably require $100,000 per unit to acquire/replace and the group home would range from $300,000-400,000 to acquire or replace. illustration #13 Cost Analysis to Acquire/Replace "At Risk" Units Expiration Pate of Project Subsidy 1997 2003 2004 Name of Project Los Gatos Fourplex Hartin House Villa Vasona TOTAL Estimated Cost of Conserving/Replacing Units $400,000 4 units @ $100,000 each $350,000 14,713,035.00 15,463,035 00:. FUTURE HOUSING NEEDS The above analysis indicates that it would cost over $15 million dollars to conserve the at risk units as lower income units. It is estimated that the cost to replace the units with newly constructed units would be even greater due to such factors as land acquisition costs, infrastructure and building costs, project processing costs, etc. Potential funding sources to pay for the cost of conserving these units are limited. Possible funding sources would include the Town's Affordable Housing Fund, Community Development Block Grant funds, bond financing, reserve funds from the Santa Clara County Housing Authority and Affordable Housing Program Funds from the Federal Home Loan Bank. All of these funding sources are limited, however. Even if some of these funds were secured, the overall cost of conserving these units is staggering for a community the size of Los Gatos. It is hoped that the above analysis is indeed a "worse case" scenario and that these units will remain in lower income usage without a threat of conversion to market rate housing. CHAPTER 6: HOUSING CONSTRAINTS Housing development can be affected by economic forces in the private market as well as regulations and policies imposed by public agencies. These constraints primarily impact the production of new housing but can also affect the maintenance and/or improvement of existing housing. The discussion below and on the following pages analyzes both the governmental and non- governmental ("market") constraints that can affect the housing market in Los Gatos. Governmental Constraints 1. LAND USE CONTROLS The Town's General Plan and Zoning Ordinance are the primary tools which are used to manage the development of residential units in Los Gatos The Town's General Plan allows for residential land use ranging from "Hillside Residential" (a maximum of 1 unit per acre) to "High Density Residential - Special Use" with a maximum density of 20+ acres per unit. The Zoning Ordinance is more specific and continues these same general density parameters but with more specific residential zone districts. In specific, the Zoning Ordinance allows for the following residential zone categories: 1. Hillside Residential (HR) 2. Single Family Residential (R-1) 3. Single Family Residential, Downtown (R-1 D) 4. Duplex Residential (R-D) 5. Mobile Home Residential (RMH) 6. Multiple Family Residential (RM) The Zoning Ordinance also allows for Planned Development (PD) overlay zones. When a PD overlay is applied to a residential zone for an affordable housing development, the affordable housing requirement becomes a part of the overlay conditions. For example, the Open Doors development was rezoned to a Planned Development and the requirement that the property be used for affordable housing is a condition of the PD overlay. Permitted densities, setback requirements, minimum lot sizes and other factors vary among the residential districts. The table on the following page describes each of the residential zone districts in Los Gatos and some of the more significant factors of each district. HOUSING CONSTRAINTS illustration *19 Description of Residential Zone Districts, Town of Los Gatos District Name HR Hillside Residential Description of Residential Zone This is a very low density district which provides guidance for the development of parcels in the hillsides surrounding the southern edge of the Town. The maximum dwelling unit per parcel is one unit. R-1 Single Family Residence District The R-1 district is intended for single-family residential use. . Typically, only one unit is allowed per R-1 lot although, under certain conditions, secondary dwelling units may be allowed in addition to the primary unit. Generally, the minimum lot size is 8,000 square feet. However, there are certain areas of the Town where the minimum lot sizes are smaller, particularly in the downtown single family residential district (R-1 D). Maximum building coverage in R-1 zones is 40% of the lot. R-D Duplex Residential District The R-D district allows for two family dwellings that are compatible with single family dwelling areas. Also allowed within the R-D district are small family day care homes and residential care facilities: small family home. The minimum lot area is 8,000 _ square feet and the maximum building coverage on a lot is 40%. RMH Mobile Home Residential There are two mobile home parks in the Town which have an RMH zoning. These include the Bonnie View Park on Oka Avenue and the Los Gatos Mobile Home Park on Woodland Avenue. In addition to this zoning district, the Town Code also includes a Mobile Home Park Conversion Ordinance which specifies conditions on which the use of this property can be changed. RM Multiple- Family Density Districts Generally, the RM district allows for multi -family residential use of 5-20 units per acre. This density, however, can be increased depending on whether density bonuses are used or if a Planned Development overlay is placed on the property. For example, the Terraces development (Blossom Hill Road) is located in a multi- family zone district but it has a "special use' designation on the General Plan map which allows for a density higher than 20 units per acre. The maximum height of any principal building in an RM zone is 30 feet, except that buildings with cellar parking can have heights up to 35 feet. The maximum building coverage allowed on the lot is 40%. 2.LOCAL PROCE55INGAND PERMIT P ROC ED URE 5 There are various levels of review and processing of residential development applications, depending on the size and complexity of the development. Minor applications can usually be handled on a staff level, subject to the approval of HOUSING CONSTRAINTS the Planning Director. More complicated applications, such as subdivision Commission and Town Council and possible review by other Town bodies such as the Conceptual Development Advisory Committee. A typical multi -family residential application usually takes six to eight months to process, from application submittal to building permit issuance. This time period of course is subject to the completeness of the application as well as other mitigating factors, such as the requirements of environmental review. 3. LAND DEVELOPMENT FEES Since the passage of Proposition 13, there has been a dramatic increase in fees charged for development projects. Not only have local governments such as Los Gatos had to increase their fees, but special districts such as school districts, utility districts, transportation agencies, etc. have also had to begin charging fees or increasing their fees. Local govemments often have no control over the fees charged by these special districts. For example, residential development is often especially impact by the fees charged by school districts to off -set their loss of property tax revenues due to Proposition 13. In Los Gatos, the school impact fee is approximately $1.60-$2.00 per square foot, depending on the school district in which the property is located. In Los Gatos, staff from the Planning and Building Departments estimate that a typical new, single family residential unit of approximately 3,000 square feet would generate fees of approximately $20,000-25,000. This includes planning department application and processing fees, building department plan check and permit fees, associated engineering fees, school impact fees and traffic impact mitigation fees. Multi -family units on average would generate fees less than this per unit because some of the more significant fees are based on per square foot charges rather than per unit costs. 4.LAND AVAILABILITY Los Gatos is basically a "built -out" community with very few large parcels of vacant land that are developable. In 1996, the Town Planning staff conducted a computer search of vacant parcels by zoning category in order to determine an approximate number of units that could be developed. That inventory indicates that there was 145.86 vacant acres zoned at residential categories that could yield a range of 132-616 units. There are also another 144.33 acres of vacant land that are currently on parcels zoned in a non-residential classification. The majority of this vacant, non-residential zoned land is in the "Resource Conservation" (RC) district. While not included in the building unit estimates above, it is possible that some of this land (i.e. University of Califomia land) could be developed with a limited amount of residential units. The inventory is reproduced on the following page. HOUSING CONSTRAINTS llluatratfon #20 inventory of Vacant Land by Zoning Category, 1996 Zoning Category Acreage Available Potential Units _ . . : .; ,moo: 4 rfiC•,',,+' `.he4 a;•.: . v ESi>• ' ..:.:.: [ h� i .�3 nv. t Hillside Residential HR-1 8.49 Acres 1-8 Units Hillside Residential HR-2.5 19.01 Acres 1-7 Units Hillside Residential HR-5 24.87 Acres 1-4 Units Sin•le Famil Residential R-1:20 7.34 Acres 1-13 Units Sin•le Famil Residential R-1:12 6.85 Acres 1-23 Units Sin•le Famil Residential R-1:10 3.38 Acres 1-13 Units Sin. le Famil Residential R-1:8 50.12 Acres 1-239 Units Multi•Ie Famil Residential RM 5-12 20.53 Acres 102-246 Units Multi•le Famil Residential RM 5:12-LHP 3.76 Acres 18-45 Units v u isle ami Residentia r 0 0.79 Acres 3-14 Units Du. ex •esidentia tagranalaS' 0.72 Acres 2-4 Units Total 145.86 Acres {:}nfyr .u}::-::i +wi:.+(.(.'ri:$i%:jf.i}'i:v. ]�*{ t■}rse h}: i:�?::^C!{ti:L::'.::::.: }::}}}.�F..}.v.;.t}<.. ::::\.i:i}.v.vi:::: :'$in 132-616 Units ::4::.�$ $ •}:i}i:..v wY:t•.: �'::::.}:i i$:•} Resource Conservation RC 126.82 Acres 0 Office 0 3.29 Acres 0 Commercial -Industrial LM 5.98 Acres 0 Commercial C-1, C-2, CH, CM 8.24 Acres 0 Total 144.33 Acres Notes on Calculation of Unit Densities: Hillside Residential (HR) and Single Family Residential (R-1): These categories were reviewed on a parcel by parcel basis, rather than gross acreage. Each category has a minimum lot square footage which is designated by the number at the end; for example, R-1:8 is single family residential with 8,000 square foot minimum lots. Each parcel In the zoning category was scanned and an approximate number of units that could be generated based on the minimum lot size was then estimated. Multiple Family Residential (RM): The RM 5-12 categories were calculated using gross acreage. For example, the RM 5- 12 category allows from 5 to 12 units per acre. The total acreage available is 20.53 acres and, therefore, the range of allowable units would be from 102-246 units The actual number of units constructed on an individual parcel of course would be dependent on parcel size, land configuration, setback requlremerrts, etc. The RM 5-12 LHP category allows the same number of units per acre but the actual units constructed would also be dependent on the development's impact on the landmark and historic preservation district. Finally, there are 3 parcels in the Town which have an RM 5-20 unit zone. Each of these parcels is less than a half acre in size. Therefore, the range of potential units was calculated on a parcel by parcel basis rather than the gross acreage for this zoning category. HOUSING CONSTRAINTS The inventory on the previous page indicates that the Town has sufficient land to accommodate its total new construction need for 1996-99 (as described on pages 35-36 of this document). The total new construction need is 144 units and there appears to be sufficient capacity for 132-616 units. In looking more closely at the 1996-99 need of 144 units by income category, the calculations on page 36 of this document indicate that 45 very low income units, 44 low income and 55 moderate income units are needed. It is assumed that some of the zoning categories will not yield any very low, low or moderate income units. These categories are the Hillside Residential (HR) and the Single Family at 10,000-20,000 square foot lot minimums (R-1:10, R- 1:12 and R-1:20). However there is the potential for moderate income units in the R-1:8 category. A maximum number of 239 units could be developed on R- 1:8 land and this would be more than sufficient to accommodate the 55 unit need. Very low and low income housing units can usually only be produced on land that is zoned for multiple -family residential. The Town's vacant land inventory indicates that between 120-291 units can be built on RM 5-12 land and another 3-14 units on RM 5-20 land. 5 INFRASTRUCTURE CAPACITY There are no major infrastructure capacity or delivery issues in Los Gatos at this time. There are certain areas of the Town, however, where the sewer and/or water systems are old and are in need of replacement or upgrade. The Town's water is primarily supplied by San Jose Water Company. There are some smaller, private mutual water companies that supply water but they are few in number. Approximately 95% of the Town is serviced by San Jose Water Company. There are some areas of the Town, such as parts of the downtown area and some areas in the east side, where the water delivery system is old and the piping needs to be replaced. The Town and San Jose Water Company are aware of this situation and the San Jose Water Company is developing plans to upgrade those lines. The sanitary sewer system is maintained by the West Valley Sanitation District and the Town is primarily responsible for the storm drain system. Again, there are areas in the Town which need some of their sewer lines replaced due to age or composition of the lines. For example, the downtown area still uses some of the original main sanitary lines, installed in the 1940s. Restaurants in the downtown that do not have grease traps contribute to the problems in the sanitary system. The Sanitation District is working on maintaining these lines and upgrading as needed. There are some residential properties which were annexed into the Town and have pre-existing septic systems and no connections to sanitary or stormwater infrastructure. This is especially true for the neighborhoods east of Highway 17, HOUSING CONSTRAINTS in the Placer Oaks and Frank Avenue areas. These residential units are allowed to remain on septic systems until new development is proposed for the property. In regard to traffic and circulation, the overall circulation system is estimated to be below capacity. The construction of Route 85, in particular, has alleviated most of the Town's traffic capacity issues. Market Constraints 1. FINANCING COSTS There are a number of costs involved in the development of housing. These include land and construction costs, site improvements, sales and marketing, financing and profit. Because these costs are so "market sensitive," it is difficult for a Local govemment to reduce them in any way. For example, financing costs are dependent on national economic trends and policy decisions. At the time this Housing Element was prepared (Summer, 1996), fixed mortgage rates for single-family residential housing varied from 7.5% for a 30 year fixed conforming loan to 8% for a 30 year fixed jumbo loan. (The maximum loan amount to qualify as a conforming loan is $203,150, loans over that amount would be considered a jumbo loan.) Adjustable rate loans were even lower ranging from starting rates of 3.5% up to 5% and with maximum lifetime caps in the 11-12% range. Financing from both mortgage brokers and retail lenders (banks, savings and loans) is available in the Los Gatos area and availability of financing is not a constraint to the development of housing in Los Gatos. 2. LANDANDCON51RUCT'ION COST5 The actual costs of developing and building housing in Los Gatos could be viewed as a constraint to housing, especially affordable housing. In addition to being a primarily "built up" community, the Town is considered a desirable place to live in Santa Clara Valley and, consequently, land values are impacted. The cost of purchasing an individual single family lot with no improvements starts at approximately $200,000 and can range even more depending on the lot location and amenities. Construction costs in Los Gatos, as in many California communities, are also expensive. Construction costs are dependent on many factors including labor costs, material costs, competition in the market place, etc. These factors are outside of the control of the Town and are totally dependent on the market place. Developers in the Santa Clara Valley are reporting residential construction costs ranging from $75 per square foot to $100-200 per square foot or more, again depending on the amenities and quality of construction. The $75 per square foot estimate would most likely be a multi -family development that would benefit from the "economies of scale" of a larger development. On the other end of the scale, it would not be unusual to find a single family home in Los Gatos with $200 or more per square foot costs. 47 HOUSING CONSTRAINTS When trying to develop affordable housing, these land and construction costs make it very difficult to reach income levels of very low and lower income households. Since many of the costs of acquisition and construction are outside of the control of the Town, any development of affordable housing is a major accomplishment. The fact that the Open Door development was built in Los Gatos in 1993 (with 60 of the units affordable to very low income households and 4 units affordable to low income households) is a tribute to the non-profit developer as well as the Town. CHAPTER 7: REVIEW OF 1991 HOUSING ELEMENT In 1991, the Town of Los Gatos revised and adopted the Housing Element of the General Plan. As part of that adoption process, the Town made the finding that the 1991 Housing Element substantially complies with the requirements of Housing Element Law (Government Code Sections 65580-89). As part of the process of revising the Housing Element for the 1996-99 time frame, State Housing Element Guidelines suggest that communities evaluate their previous Housing Element according to the following three criteria: 1. Effectiveness of the Element, 2. Progress in Implementation, and 3. Appropriateness of Goals, Objectives and Policies. The information that follows then is an evaluation of the policies, programs and goals as outlined in the 1991 Town of Los Gatos Housing Element. Effectiveness of the Element and progress in Implementation The 1991 Housing Element identified 9 "housing issues" in Los Gatos and then described goals, policies and programs to address those 9 issues. The 9 issues were as follows: Issue #1: Senior Citizens Issue #2: Maintenance of Older Homes Issue #3: Depletion of Rental Market Issue #4: Housing Market How can the Town help provide housing affordable to and adapted to the special needs of seniors? What can the Town do to ensure that this important segment of the Town's housing stock is preserved? How can the Town maintain the existing percentage of rental units and what can the Town do to encourage the construction of rental units? How can any unilateral action on the part of the Town have a significant effect on the housing market? How can the Town contribute towards the regional jobs/housing balance? 49 /-SL/ REVIEW OF 1991 HOUSING ELEMENT Issue *5: Supply of Very Low, Low and Moderate Income Housing Issue #6: Quality of Life Issue *7: Homelessness Issue #8: Mobile Home Parks Issue #9: Transportation and Energy Conservation What should be the Town's role in providing very low, low and moderate income housing? What can the Town do to provide opportunities for housing for young adults? How do we encourage the creation of affordable and accessible housing which will add to the quality of life? What can the Town do to address homelessness? How can the Town preserve the affordable housing provided by the existing mobile home parks? How can the Town plan for and take advantage of these changes with respect to new development, urban design and the location and energy efficiency of its housing stock? The 1991 Housing Element then identified 7 goals and 22 policy statements that address the 9 housing issues listed above and on the previous page. Following those goals and policies is a description of housing programs designed to address the issues, goals and policies. In order to evaluate the progress of implementing the Housing Element, the following section identifies each of those housing programs and describes the progress made in implementing those programs from 1991-1995. Further, the section that follows also describes the actions needed from 1996-99 in response to the progress achieved during the 1991-95 time frame. .REVIEW OF 1991 HOUSING ELEMENT Illustration #21 C) c O m C- O N 0 c 0 > • O. 0 c c 0 o O c. O a7 c m m iii ..c m 3 000 0c`a�ccti 0 3 0�+co vim L y. N C 0 C O C r C m o.� O c o 2 C fl 6= . 0) c '+'. N E C N a) O o 'v) 0 C Ca D 0 O~ O m C — ►, o v '" .0aL0Cm> `vC CI mo o c— ct� c Co ovo-0 cri ca0t c 0 ovoL•mcvLc o30aoocooa0r.a='60CO v as ctiI- aa..c C 0 O ot.; r- mv,.ccp ccoomcfl oo0•c�Enno)3�53 L 2 -0 a as '-' N �0., € O CD C y c (73 ° 2 C C 5.E O O m �c.cm�'�oa�Lm p> > O ., C m C -.. L E o�caacaoa� E a. o L > O V.�L "� C 0 N m 3p,N O v cCal—�oQ)O > m .N mllflijj cA as L O m ' co o 32 =m� 4o0cno`�•-= O C o 0_ c o Q,C _ o o nctL1..OLo.o•�'003 c �-- O o•o L >L c 0 co 0 � cc ��'� `r 0 a rn ca a) c o 3 ®mo °)�.E�•�0c,Q E C cncv.0 a= a� ass_ (13r a r . L C O O O m m m 0 0 A m 4- •ht N h= d zE`-3o0inEaa2o of O m 7 C o r C m o m m L - O L � •- > � V1 O OafOL m a_ CC v) m O C V O r 0 ma-p� c 3 0 o EL o coot ,•Ooc8im13Om= 00-.0cN�•Uo3oo Um*-I—F--2Oa.r=1.5.co V C L ctC cn C) ch m E o_ cr) a .E •E O C')c3<•cmE�Lmo m C ._ D L o E C ►r, 0 0 0 � 0 2 co > C On 0 0>? O 'U _0 co 4 O cm) > co l .0 L c>C a. OL t7 CD it Ci) . • L C2 C a Eft73 O CO c N O 7Qm O C c'com3 >0 O U •- O > O c o r.„ a-� Via- m4 03 c c 2 maL0�.-3c mm Qom° c� J -0 0 --U. REVIEW OF 1991 HOUSING ELEMENT o E c4 p x- m O E ~' O = m E i •C tJl = 0 C N .g t O o aiL'�m c =Z—g .., m = m • 3 asti Di, mmoo� Oi c m m30,Em0 `n`�" TO"' m m m m- CC ` mo °gym o mm n� mm m�Ec m��c m .yamcoscE T E o ca� m �� o. c�•� o m mL �� 02 =E` m= ( mt.-mo 3 LD2cn�m>o `�- o3•N m o4 m= 0 m m (Aao. o me 4 a =�Y o m C= E- m n� c�VT' - mL `o a� �mca=mmo5 12•Nm l'p 73mmmaom2 to m N �� m j m� U) > 4.= U °13"� 0-'"M o m2E mmo°mm°t Cm'Em `�cm t@m.-g«-oEU..,�--= po('�am$N=.. m• mmmmmmc32ocmm mo°= m°v,._ mo o m U) A o, 0 —u_m" 2g°Em.coa-ac N c mc2 c c mr rnE ° �p ao c� c �� E o E�°mcp.00�v'cc-nc'-uE nmE`m mmm c a�rn �cL Ns E y° 0 m E g E l E° c m E •- am , c m.,, c �.._._.= 0 p o h- m,at- c c m O•-E.� lomcmc Eomon- , .0 m O o m O =� m w ClI� O m oL =m 3 3om m >.�*' E m c cc��� gc mm m mot- E o 0 aim m l � •- m s -- . '- o E-ocummmacE�.cm >omc o'-rnmm m. ¢ m s.��� Ep m -v o P 3 c m o o m m c.-' NOoo 8 'O mc8omomot-°E=m=am' N>O-o.-T'4.5�m No further action required. REVIEW OF 1991 HOUSING ELEMENT m s cD 0 _ t as mm C 2 13 2 c 1E2 " s.S 0u- o o- U .rm-0��� ccc0� 0).07N g FO c c •c • C m C m = y �7003�c N O �% O cC c02-o m cv , = C C mCC O O O 0a"mC0 0 CD "a tam oNP c c > m v)0 O o3' m crs �m 3C m 74- O O w to to 2 o C m Ea)E H �'�.,'�.c E 0 0o�Ea�'c = m Ri f1'X F-c CC u oCE C c L m >, 3 o amc m c • o 0 E mm -v -A 0o oC cn O . Q.c -•o O. mmc� 0 ooEof`oc c E00 O m=r >, c0-0Ec� :.._O >,O� 5-0 `�m7Eoco0 E.cD>'- 0 22(Do .. 0 c - `15mmu)CD V 0 c(jr h 0 faE mt-3 ,0 E 0 o c U •L' C ,= 2 ED. O C 0 c as w-c.3 as am-- �.- o°WNm�mm U °e m>ci 0 No further action needed. 0 0) y= cn cD t m c fri3o�° !- c c Fi L m C)) O~C/) � O C C o m�� m C0QO 3 0CL0 CD a) CL13 0 c;� m 4- O C C m 4 E.D. e C .0 O c O O) m 'O ': 'D ? 0O m �E r>u-cmC°E�om > mw s am o ,nN�U310�m.mV.'0mn rn��mm�0)oo�o•E 0) > m'C C •,- m 0 0~ a O m. m f O to C �= f���... f1�U m m3_ EmE off= �c sfam`�3o-oQ)a .- cD a)"c ?ccL a. O a_ 0. E r N CD O A m E � c m 17) 0.13 • � 0 043 4- ... E:5 m- m 0 C m O C m m a3E= oo2•o c �' '> d. Secondary Unit Program e. Rehabilitation REVIEW OF 1991 HOUSING ELEMENT uture Actions Needed 1996-99, m E 0. 0 m m m 0 m E O c• 13cl c O •Ej to 0 0 Q. = m m E m p 0 EQ 0 Z rn rn 0 E 0 U E 0 0 0 N m cC m m Q c c -J O Oct 'rogress 1990-95, m co o N(0 m mc) 0j S.c 3rn = >rn tiiiu,. —Csarn6D co,.>0 0-Q>� oc .. �c 0•N� m C > > t6 m0 mQ-0 m =E .. CZ � mco oca) 0m QEla3 c�Wcr— ti��03Co�m'�co>clmc0m F- m acmes o 0 o•m v c 7) H o c0=-Q (= am a_a= E ccs rn 0 L g. Redevelopment Agency h. CALDAP REVIEW OF 1991 HOUSING ELEMENT c y 0 m 1 0 0. c6 c 0 4- a 0 a m L c 0) 0) c_ O CL > 00 C a C m C C UU No further action needed. b. Floor Area Ratio (FAR) 0) a c 0 0 c t6 -e m c c`0 a a 0 r C m C 0 O U a. c. Housing Assistance Plan REVIEW OF 1991 HOUSING ELEMENT m >a L r tC ` H m L 0 «• C) • +.. 0 m m O C) CT c •� N O E r E 2 a4N QO �mOtOmro•-> (.>-0 m CDC CD ca02mmmoma i N an m .0 '0 L. co >O m L cQ OC C Ni a) CD C m O_ - t� o a cE00ac coc Continue Rent Mediation Program. E O O a 0 Ea) cc c E•°Escri mm C" Ec>'ti�C .-. , - • IDm 0 to 0 •-• � E cam:'?EO8i w- R3 C C .0 m C m C m z E O U O O N CD 2 O m i C N L_L O"-0 L. - ' 1/2 c m 0 O c��sm • .O O NT.7 LQ y m C N C C C a, c O _C •- Tn.: V O o >am0a . 00 Lt3 a C HUo`o-m CV O E 0 C) • C c .0 C m'f 0 m m c r C m m >vc� O C L N N L O - m m T (L% � L C g d C - 1!) i 0 O O C) / — 6 ( REVIEW OF 1991 HOUSING ELEMENT A � O 03 CD 0 cri • m N O • P O � u) co O m m - C N 03 m CD c C Q C _O 2 C co O � m C O O 5 E O a Z o REVIEW OF 1991 HOUSING ELEMENT Continue providing "Annual Housing Reports" for the review of the Town Council. Continue to monitor housing needs, especially as identified in this Housing Element document. In particular, monitor the development of very low, low and moderate income housing units as they relate to the community's regional housing need goals. c. Review and Coordination The Town participates with Continue to identify and pursue all governmental and non - of Government Programs other communities in the governmental sources of funds for affordable housing. "Urban County" program of Santa Clara County. Santa Clara County acts as a lead agency in coordinating CDBG, HOME and other federal housing funds. From 1991-95, the Town assisted in providing funds to the 64 unit "Open Doors" development, a 100% very low and low income development. Other sources of funds in this development included low income tax credits and State funds. Gi K.: The Planning Department staff prepares "Annual Housing Reports" for the Town Council. From 1991-95, the Town produced a significant number of very low and low income units. Approximately 57% of the Town's very low income need and 47% of the Town's low income need was met during this period. a. Current Inventory of Housing b. Exploration of Housing Needs !REVIEW OF 1991 HOUSING ELEMENT Continue to monitor vacant land inventory. d. Analysis of Vacant Land REVIEW OF 1991 HOUSING ELEMENT No further action required. .<j O EIBUP m p.m N aao cc mm EU m m• m=0ma 0 oL7a- m w.VL_ O cn O V G L cut;a b N am m o m m 0 m m o a m Omw�c+�c O'5 cn- a ca c aiicc>r0 'y oa > E pg O o . O gr a-= m m ca a? m_•� p C m o E 5 c o m aEEmQm o�'-� 0 m �c) '�- igm >yEo mm O t m Em~ N t O U m- •�-p— to = m > o C— m 0' m CCaca3-mE o� O aE o • 2� Tat7gmm W O = aia= REVIEW OF 1991 HOUSING ELEMENT 1.0 m CS c _C C O N C5 a O :a 0 E c c E 0 0 0 0 a. Maintain Zoning O m J c C.c CD � COE2oc m m co 5 o • 0 al C C y > cn,N•5 c 0 @• >,0 _ - 0 .V >, • >CV p c C.Ocri Qal "' >N (j) O C 0 0 0 CD> ,� m10 2 a ,,C C(0 4 C 0 O O ccssm.o 0m.c-L. ▪ c O a .c o)p0� 0m�c0 mcnOoE c m�~ mrs .0 c�E2 n" O ooc00 Uti2C E 0 >-32 c -a O U m a C E C EO aQ,c�•- Cu- am E co y QO O N C 3 0) m m 0 v a cCD>—o)00 .0 0cco-DomoEo =E. (0 m C C E o> y Q U r 0mc2C �N CD X I--coco co fl _a m b. Conversion No further action needed. c O co O-o 03 m U V) m c mmNc0 E '5 =a 2 m o m • co E o m • c O Lti .N15 F-OcoE REVIEW OF 1991 HOUSING ELEMENT c m O cn O .o a m c N c� U H ccfm�.c oam LEam ccn cn0cp CI �m C yas J_m QCD 0 .LO L FT) � C .c m m O Cr)a •> O i O N"=� fmn o m U IL.0 0 2 c o O +� a) cmcsc�mcE� • _cmm aEo c o ` c > _ . V •c c cC V0mcv� mm0 cnvi •.ocLo .,o0m cmHmmo•Nm E oa�.ID>mcncnC- co m zL L 'um •7) o N o O� ••c : 0 o c a.2 m U c o a � Qs DCcZvi-0 ccp Uc.o IC .c .c cti m 0 m.c o O m OL O o o ' m N n >, C O m 05 m a m. N N m C� o L.0 = ma OC7 N.N u) c = �mO—UELLmt�,Ocn m a c•v, cnrno0 >`O« a�F- o=, J as •p— v)•-> cnrnN E m� mQ=~'o m m 5 j=0m' --c<a) in CD m mc�m� Es 3 m o c= Q m v� o cs �� cmn�� =s.X 3 c.0 >..m 0E c4,07 0.0 3 O;.0.m.5. =3L 22 ,,,, crs coc c�scn m m> o o.c ccc 2 E 3 a3 CD 0`c�vEO c), mIDc OCf orn�occ•Xa�m—c-EL -,c•cm•mma) m CD 0 = .� L m c� 0 cn r- 0 — O� O Lri O C� m m c� 0.j'cn m4- co O N a 0 E .ccm00oainm=EE>mtcn�o0 o�coo F- .= c U o o co Jo ti. 47 cts "C) m C 3 a- E .c 2 i 0 .« C C o 03 co ®CNf� co a itt�0 L �.% rx a — Q as rW a'0 OmG,c00 0 > m C - U COO) JD c. aEO. ° U r 0 Q O r E.' 4. •w m 0 O m 0-0 t m me •� o E as_c O '0 L c = co O 0 oc m C 0) 'vs 0 Us REVIEW OF 1991 HOUSING ELEMENT Appropriateness of Goals, Objectives and Policies In some respects, there have been no significant changes in the Town's housing market since the adoption of the 1991 Housing Element. There is still a need to conserve the existing housing stock and to maintain the supply of affordable units, especially rental units. Housing in Los Gatos is still very expensive and lower income households have very few opportunities to rent or buy housing, unless a public subsidy is provided. There also continues to be a need for the provision of fair housing, information and rental mediation services, especially as available rental housing becomes more scarce and/or expensive. Finally, the Town needs to continue to support non-profit organizations that develop affordable housing or provide supportive services (e.g. Shared Housing, Homeless Prevention Programs, etc.) since they are continued to be needed as valuable partners in the effort to address housing problems. Some housing issues, however, have become even more significant since the 1991 Element adoption. The Town's available supply of developable, vacant land is dwindling and, consequently, it has become even more important to identify the type of housing that the Town wants constructed on the remaining vacant parcels. In particular, the Town's Below Market Price Program (BMP) can be used more effectively to provide an opportunity for the Town to encourage a greater number of very low and low income units to be included in new housing developments. Policies should also be developed during the 1996-99 time frame that address infill housing, especially in regard to rezoning property if affordable housing will be developed on the parcels. With the decreasing supply of available land, the conservation of important housing resources such as mobile home parks and rental housing developments becomes very important. Therefore, the adoption of a Condominium Conversion Ordinance and revisions to the Town's Mobile Home Park Ordinance to preserve low cost housing opportunities should be included as program goals for the 1996-99 time frame. Further, the Town's Secondary Dwelling Unit Program needs to be re-evaluated to determine whether additional secondary units would be provided if changes were made to the program, such as reduced minimum lot sizes. Regarding the Town's BMP Program also, it has become obvious in recent years that the Town's supply of BMP units needs to continue to be carefully monitored and fiercely protected. The cost of providing BMP units has become so expensive in recent years that the potential of losing a BMP unit to the private marketplace is a very serious concern. BMP units should be viewed as a "savings account" that the Town has and any withdrawals from that account will negatively affect the residents of the Town in the future. With the drastic decreases in federal and state housing assistance in recent years, communities like Los Gatos have to consider BMP units and/or local affordable housing funds (such as Redevelopment affordable housing funds) as local trust funds that can provide an endowment of affordable housing opportunities for future residents of the Town. Staff and elected officials must monitor these local housing trust funds and ensure that they will be maintained and grow even more in future years. REVIEW OF 1991 HOUSING ELEMENT In addition to the above, some new housing issues have developed since the adoption of the Housing Element in 1991. First, the Town adopted a Redevelopment Housing Plan in 1994 and tax increment funds are now accruing that can be used for affordable housing development. The availability of tax increment funds and the policies of the Town's Redevelopment Housing Strategy need to be included in the goals and programs for the 1996-99 time frame. A second issue that requires attention during the 1996-99 time frame is the potential loss of some existing affordable housing units. As identified in Chapter 5 of this document, there are 3 existing housing projects in Los Gatos that are at risk of losing their govemmental subsidies. These projects and the date of the expiration of governmental subsidies are: Los Gatos Fourplex (April, 1997), Hartin House (2003) and Villa Vasona (2004). The expiration of the subsidy for the Los Gatos Fourplex is imminent while the expiration of subsidies for the other two projects are some 7-8 years in the future. Nonetheless, the Town needs to work with the owners of the Los Gatos Fourplex project closely at this time and, also, monitor the other two projects. Finally, in the years since the 1991 Element adoption, the Town has made significant progress in addressing its new construction needs as identified in the ABAG 1988 regional housing needs plan. Approximately 495 new units were constructed between 1988-1995, accommodating 89.5% of the Town's total new construction need. Even more impressive, however, is the production of 60 units affordable to very low income households and 39 units affordable to low income households. These 99 total units represent 20% of all the units constructed in the Town during that time period. To produce new units that are affordable to very low income and low income households in today's housing market is an especially expensive process. The production of the 60 very low Income units addressed 57% of the Town's total very low income need of 105 units. The 39 low income units represent 47% of the 83 unit total need. Due to many of the non -governmental constraints identified in Chapter 6 of this document (in particular, land and construction costs), it is unrealistic to assume that the Town can contribute to produce this volume of units affordable to lower income households in the future. However, the 1996-99 Housing Strategy in the next chapter of this document does identify the production of units affordable to very low and low income households as the most important housing issue to be addressed and describes programs, policies and goals to address that need. In summary, then, many of the Town's 1991 goals and policies continue to be appropriate to continue into the 1996-99 time frame. However, some of the implementation programs need to be strengthened and other programs added to address the issues noted above. The next chapter of this document, Chapter 8, identifies the goals, policies and programs for the 1996-99 time frame. CHAPTER 8: HOUSING STRATEGY Overview The 1996-99 Housing Strategy was developed using the information in Chapters 2-7 of this document. Chapters 2 and 3 include information about the Town's population, households and housing units. Chapter 4 identifies the existing affordable housing policies, programs and housing units in the Town. Next, Chapter 5 updates the ABAG (Association of Bay Area Govemments) projections in regard to new housing units needed and the affordability of those units. In addition, Chapter 5 also contains information about housing rehabilitation needs and identifies existing, affordable housing units that are at risk of losing their government subsidies within the next 10 years. Chapter 6 identifies those constraints which may affect housing in the community, constraints that include governmental as well as non -governmental actions. Finally, Chapter 7 is an evaluation of the past housing efforts in the Town from 1991-95. All of this information provides a framework in which to construct a housing program strategy for the 1996-99 time frame of the Housing Element. The information that follows is organized into two sections. The first section is a summary of the significant housing issues identified in Chapters 2-7 and how those issues are addressed through specific housing programs in the 1996-99 strategy. The second section is a complete summary of all of the housing programs which represents the 1996-99 housing program strategy. Also included in this second section are the goals and policies which were included in the 1991 Housing Element and are carried forward into the 1996-99 time frame. HOUSING STRATEGY Summary of Housing Issues The following is a summary of the major housing issues identified for the Town of Los Gatos for the 1996-1999 time frame. These issues are listed in order of priority with the initial issues being the most significant. Very Low and Low Income Households: The most significant housing issue is the lack of affordable housing for very low and low income households in Los Gatos. Very low and low income households certainly cannot afford to purchase a home and, also, cannot even afford the average rental unit in Los Gatos. To develop housing that is affordable to very low and low income households is very expensive and requires public subsidies, private financing and community involvement. Some of the significant actions that the Town can take to encourage the provision of more new affordable units are: WWI A) Formalize the Town's Affordable Housing Fund by including Redevelopment Housing funds, BMP in -lieu fee funds and CDBG funds into one fund with the common objective of assisting with the production of affordable units. It is projected that this fund could have a balance of $500,000 by July, 1997 and could reach an overall total of approximately $1.4 million dollars by July, 1999. In early 1997, the Town should develop a "Request for Proposals" from interested for profit and non profit developers asking for specific proposals for the use of the fund's available balance as of 7/97. The funds should only be used to assist units that will be very low or low income, newly constructed units and with the Town financing to be provided as a loan (deferred payment loans would be acceptable) and never as a grant. As funds accumulate during 1998- 99, the Town should repeat this process. B) The Below Market Price (BMP) program should be revised so that 1) pre- 1985 BMP units that are at threat of returning to market prices are preserved and, 2) eligibility criteria are revised so that new BMP units are only affordable to very low or low income households. In the case of the pre-1985 units, staff could be authorized to negotiate on behalf of the Town for any pre-1985 unit that is being sold for market rate prices not to exceed a set subsidy amount (e.g. $30,000). After that point, the Town Council would make the determination as to whether it is financially feasible to preserve the unit. The eligibility criteria for new BMP units needs to be revised so that more lower income households are being assisted. As of 1996, there were a total of 16 BMP units: 8 of the BMP units were affordable to moderate income households (households with incomes between 81-120% of median income) and 8 were affordable to low income (households with incomes between 50-80% of median income). Moderate Income Households The Town should continue to participate in the Mortgage Credit Certificate Program to assist moderate income households. Based on past experience, it is estimated that approximately 5 households can be assisted through this HOUSING STRATEGY The Town has identified a goal of 5 very low income and 10 low income units assisted through the Town's Affordable Housing Fund for 1996-99. Further, it is estimated that at least 5 low and moderate income units will be added to the Town's Below Market Price inventory of units as a result of the Bella Vista development. Another 20 moderate income households are expected to be assisted through the Mortgage Credit Certificate Program. The table below illustrates the Town's goals for very low, low and moderate income housing units. The Town expects to directly assist some of the projected units and anticipates that the private market (through for profit and non-profit developers) will produce the remaining units needed. The Town will make every effort to work with the private market developers and assist them as feasible in producing affordable units. Illustration 22: ABAG Revised Needs and Town Goals, 1995-1999 Town Assisted Units: Affordable Housing Fund Town Assisted Units: Below Market Price Program Assisted Units: Mortgage Credit Certificate Program Units Developed byi Non - Profit or For Profit Developers (No Direct Town Assistance) 45 Very Low Income Units: 5 0 0 40 44 Lovu Income Units 10 2 (Bella Vista) 0 32 55 Moderate Income '' 0 Units 3 (Bella Vista) 20 22 • It is also important to preserve the existing supply of affordable units in the Town. There are 3 developments that are at risk of losing their governmental subsidies within the next ten years. The most imminent threat is the Toss of subsidies in April, 1997 at the Los Gatos Fourplex. ;3 e peig Town .atmeta 1`tffiardable 1-IQ€sirFg The Town needs to re-evaluate its level of commitment to affordable housing. In particular, there should be a discussion in regard to formalizing affordable housing within the Town staff structure and departmental commitments. It may be an appropriate time to create a staff position with half or full time 67 HOUSING STRATEGY S`. t AMC �iW } . \ ' '��\'. �\� The Town has developed an effective assortment of regulations and programs that should continue to be offered in the future. These include the following: Density Bonus, Reduced Development Standards, Rent Mediation Program, Fair Housing, Assistance to Homeless Programs, etc. ;V`'Yf �;'��P• ��"''F tit {`�w.v...,o*S -..` .\.A�..1.. The Town has provided a Housing Conservation Program for over 20 years. Program participation has decreased significantly in recent years. It is recommended that the Town increase its marketing efforts to mobilehome park residents and continuous, systematic marketing to other potential program applicants. Given the Town's housing stock age and condition, however, it may be that the need for public assistance for rehabilitation is low and will continue to be low in the coming years. Therefore, if increased marketing is not productive, the Town might want to consider utilizing its CDBG funds more for new affordable housing construction and rely on program income to continue housing rehabilitation assistance when needed. HOUSING STRATEGY Housing Goals, Policies and Programs In order to respond to the housing issues identified on the previous pages, following are the housing goals for 1996-1999. On the next page begins an inventory of the policies and programs to implement those goals. 1. To improve the choice of housing opportunities for senior citizens, families and singles and for all income groups through a variety of housing types and sizes, including a mixture of ownership and rental housing. 2. To preserve existing moderately priced and historically significant housing. 3. To improve the quality of existing housing and prevent blight. 4. To eliminate racial, lack of handicapped accessibility and all other forms of discrimination that prevent free choice in housing. 5. To make infrastructure projects and residential and nonresidential developments be compatible with environmental quality and energy conservation. 6. To reduce the homeless population. 7. To provide housing affordable to people who work in the Town. HOUSING STRATEGY Housing Strategy, s -4 +� v 4.' 0 I s- o_') s) _ ° , °' TS u L. 00 O c 4) 0 E as R ca p) E _aO L ffn N s 0- c hi 0 as 0 0- 'ZS o ts- = 0 0 L L) O e-- T 4 L �"StS 0 r - O 75 = L = SS)° O m L1.� 0- 0 Is _C.n L 4) � 4-1Sr)� '� S N > C) O >cQ >, O In �. s as "2c ms 4-3 >, 4) .t _ C ` 0 3 L 4)0 75 4) 4-1E L 3 in = o' lt) QQ 4) +, R -7s a, c� 7, j `+- 4) -= C) 0 _C4-4In 4) CO 4) O M OL c L M o s' 4 V n 0 Q' 0 Ui tQ 4) c O 43 ,- 0 = - n +� _ cn o �ii 2 s )4) = = 4) _ c c , 1 - +� Q c O O S 00 4) 0 m C ': c,� .. c6 4L) o CU cQ o E- p 0 c c m }' _(31 T s • a U O S _ 4) -CSR O_ E Q' 0 -c > `0 3 2. The Town will consider tri d, = 0 o +) S O 4) C E c6 4-4 w 0 U) E O --- C 4.) 4) R 0 TS sTs CS)0 'KsTr) - 4) 0 cts L 3 L 0 4) OL 71) 43 C 4) 4) � L _cco L 3 5 4 4) o R 0 _ SIS o = 4) 4' 0 lSi 4) E 4 0 6z E L v }L (la m a_ a' F 4) 0 4) 4) S E 4-1 0 _ L ca • ctS 4) mi 7 4-1 V = = 4) N 4) = a ui 3 44)) O E O Lc) w.- cis 0 +) U 0 0- HOUSING STRATEGY ,t) 4-, i 2 7:i 4)% .75 1_ 0 s._ :3:3 c),_ n_ o 4) s... L._ as o.) as -T3 0 4-1 c c cu E o.) 0 L_ E 71 4- C o L... o.) s_ a) 1.. L_ -5: 0 4- c 4- ) 01 — -C •.) 11 CS) 4). C RS LSI c in — C — >) 5) 0.) 01 — Is 7_ (1) 4.) 4-1 S CLi L --5 LS) 4S CZ il 0 43 -tr) 0 111. t n 1 -ri3 c -;--) c ks) 4) -i- ":5 E 4.) 3 tri .ra n 4,) &-• t kn cch) Q L_ 4.) L" CtS s_ a 0 43 m 01 -cts E o - 0n = cu •r: 0 Tti ;I, _ o c s :,---- — 4- =_-- 743 (7) Q RS = LT) cia 0 in "ZS ,V) •-• kn LI) 0.) o.) -Ks _ — 73 L 01 0 c n cts +.1 _ i_ 0) ik) CSI = I-- c 4) 0 7171 :Z___ c Z co .1: E t c c F_ _ cesi- 3 E 2 7 0 4)) 134)> -C4-1 "ZS c c %) 0 -E 0 N frti L 115 LS_ co 4-1 4-1 4:0 -F, sa_ .0 4)+- t_ 4.= < 'a) c > Cia 01_ 4, Is A c ..2 t_ ws 7:5 OZ) 0- = 0) 0 cltS ,— • • o (5) (5) ieTkIN°Aide _c kf3 oz E = 3 c c o Ts-) c 7,6 E 2 4) 4-1 4) _C C s- . , -C V:51 _c c o 4) KS5 4- 0 . N 0 y41 HOUSING STRATEGY 4) S 4) 0 4) v • ) 4] t S O y E o = 'S) O s O • 4) Q u) _ Ls L 4- RS L 0 in _ o • 0)4.1 • 4-3 0_ _ _ • L E CL 4) O • S O OL -Ks 4; 0 4) 0 U u s 4-3 sts sts Q U • }' • L available rental units. 0 u co U O L0 }� LI CC1 is 4) O 4) 4.4 causes s m 0 O � ) • E rental units. 0 0 U — L S O tr)4-1 +4 4-1 � v 0 R - 75 O c 0 43 4) R 4) L O LL 4) -73 O 4) M 0 E • L "E O s sss U O ▪ ) • = L }� Q) U 03 CLfa- Lks U 4) 4-3 O 4 s 5 • cks _ s R _ Tts = ti} Q- O CO ' Q) 0 V0 4) L a% E • _Cr) cks O • U c as "Ts b o s L R to al O L = E 1L O NT- r)E 4) 4) cQ L O O 4) N '3) 4-3 T U 0 U 0 0 HOUSING STRATEGY HOUSING STRATEGY OSTS ment the folio .s • s . The Town shal s L O O L 03 4)aEjctIE i O O c E O 2 r O +, 0 3 o) 75 0 L 2 Qi O = U +4 L p 4C +,E) La O a rn E 4- �L X V f; = 4L) k-, 4) 0 N 000 0 LL O 4) QE L O 4-1i� c� c4 < o >, qs .4))4)Q.) _C = (13 O 0 O r s C OV c s — o 73 o a, c Is 0 (1) L E 0 c v cQ Q S co a) 3 ° o L 0 c c 4) 4-1 N 4) t 0)) 4)) L 2 4) L O N 4-1 C 4) L: cia 0_ tri 4) L. 0 4) 4) 13 VJ 0 cs) L s +) 4) U 0 E O U N L L 0 73 L 2 4.) 4) z 0 U o r) 0n L i 0 c w O C9 ��O cyr CO In c +, O Zo U 4) • j o L E S 0 o 0 4) 4) 4) E L a cl - LL U O F- HOUSING STRATEGY 0 02a- to o +a ( 4 j m p 3 F. o of oIs R O • 1.L i 4) fl_ C O O O 4) cs fl.. 0 43 5 M U u O Z rits ° om 2 4 = F- v s 3 0 n.. E cn c .a o 4- O O_ 0 _ = L CD 44)) 0 T O t = LC) L a- = ha O 43 43-ZO0v3 43 i O s O O L 2 ¢� ° 4)• �0 1� 4) s _E n > • . 4) +9 u < cQ 3 u ms = qZ CM O �o C 4) o �' ° a) 0 4) +1 _� L Q ° R 0 1- = C +-1 UOi t) V-- m1Z Ems 3. The Town 5hai ucn 0 o v 43 75 L' i o 4° 0 0 4° F -75 4) i-� 0 V N 4-3 o) ° c- O L O 3 e, _0 ,Y Q CD L 4) }a 73 4) _ ‹ m 0 s m 0 0 a E a) -O -5 43 .--. z O _ Z 0 0 ' 0 L 4-1 = • D 0 .•S 40O O _C.V..• 0 ca 43 0 O O O 0 u 3 o o43 ( 0 N 4- L � = o is �as s u°) s 0 +, 4) LO E 0 C 0 }4 0 U u L 0 rn -- E E u. o u xes u E m - 0 r- s C O O � O °) s a 4 s - .E 13i c ss as Is .Ls to V L _ 0_ 4) C o 0 +� 2 c E u C) 4) a) '- E 3 3 O s o) 3 +a 3- „s_ L �s 00 V u, �'� L 3 p's E +aas O C s u) r 0 11. HOUSING STRATEGY In 42 cts 4) L a_ 0 4) p 2 4) S tss 17. The Town shall continue Its ca E C 2 to ca 7s C tes 0 VO S — O :U O c6 — E A t U) c � U � L L SL Q o 4' o _ = U] MS O (4 s U R o 03 �4 o C L + , _ c (3)= a) ECzis krirn v .2 ii ( its — L 4.)LO U. a_ m ns 0_ = a_ 18. The Town shall work with other L 0 L 0 CO _ 0 s N o - o a_ O M 0 L 0 OL 4) ctS o U L S c4 0 4-1 _ 4) E a. 4) rts U _ 0 3 4) 4) N E 0 U _ 11. fl.. APPENDIX 1. Redevelopment Housing Plan 2. Bibliography 3. Inventory of Housing Resources 4. Inventory of Vacant Land Appendix #1: Redevelopment Housing Implementation Plan In December, 1994, the Town of Los Gatos Redevelopment Agency adopted the 1995-99 Affordable Housing Plan. This Plan was prepared pursuant to State law and identifies Los Gatos' strategy for 1) the use of tax increment funds for affordable housing and, 2) the provision and/or protection of affordable housing units. Because there are many linkages between a community's Redevelopment Housing Plan and their Housing Element, it is important that the Redevelopment Plan be considered during the Housing Element Update process. Fortunately, the Town's existing Affordable Housing Plan runs concurrent with the time frame of this Element; that is, both documents have time frames which extend to 1999. The Town's 1994 Redevelopment Housing Plan was reviewed in relation to the housing needs and goals identified in the 1996 Update of the Town's Housing Element. The information that follows summarizes the results of that review and identifies either new or revised housing strategies and goals for the Redevelopment Housing Plan through 1999. These revised/new housing strategies and goals have been developed in conjunction with the 1996 Housing Element goals and narrative descriptions of these goals and strategies have been interwoven into the 1996 Housing Element document. 1. Income Definitions (Revision to 1994 Plan) Redevelopment Housing Fund monies are to be used to increase, improve and preserve the supply of housing available at affordable housing cost for low and moderate income households. Those monies are also to be specifically targeted to assist very low and lower income households in at least the same proportion as the total number of housing units needed in the community for those two income categories. Very low income households are defined as those persons and families whose incomes do not exceed HUD Section 8 figures for very low income families, which is usually described as 50% of median income. Lower income households are defined as those persons and families whose incomes do not exceed HUD section 8 figures for very low income families, which is usually described as 80% of median income. (Although in high income areas such as Santa Clara County, the 80% figure is usually adjusted downward. In 1996, the 80% figure was adjusted to 62.5% of median income.) Moderate income households are defined as those persons and families whose incomes do not exceed 120% of area median income. The definitions on the previous page define the type of households who can occupy housing units. In addition, there are restrictions on the fat of the affordable housing. 2. Affordable liousina Cost Definition (New to 1994 P1ani A) Rental Housing For rental housing required to be available at affordable housing cost to very low income households, annual rents (including utility allowance) may not exceed 30% of 50% of area median income, adjusted for family size appropriate for the unit. For rental housing required to be available at affordable housing cost to lower income households, annual rents (including utility allowance) may not exceed 30% of 60% of area median income, adjusted for family size appropriate for the unit. For rental housing required to be available at affordable housing cost to moderate income households, annual rents (including utility allowance) may not exceed 30% of 110% of area median income, adjusted for family size appropriate for the unit. B) Owner -Occupied Housing For owner -occupied housing required to be available at affordable housing cost to very low income households, housing cost shall not exceed 30% of 50% of the area median income, adjusted for family size appropriate for the unit. For owner -occupied housing required to be available at affordable housing cost to lower income households, housing cost shall not exceed 30% of 70% of the area median income, adjusted for family size appropriate for the unit. For owner -occupied housing required to be available at affordable housing cost to moderate income households, housing cost shall not exceed 35% of 110% of the area median income, adjusted for family size appropriate for the unit nor shall it be less than 28% of the actual gross income of the household. (For purposes of calculating affordable housing cost, the agencies should use the actual 100% of area median income figures as the base figure to calculate costs and do not need to take into account any HUD adjustments, such as HUD's adjustment of the 80% figure noted previously.) 3. Duration of Affordability Controls (Revision to 1994 Plan) Any new or substantially rehabilitated housing which is assisted from the Housing Fund must remain affordable to low -and moderate -income persons or households for the longest feasible time but for not less than: Rental Housing: 15 years Owner -Occupied Housing: 10 years In the case of owner occupied units, such housing may sold during the affordability time period if the agency has a program (such as equity sharing, deferred loans, or resale controls) which, upon sale of the assisted unit, provides for the agency to receive a share of sales proceeds. Also, there are additional provisions to the affordability period if the agency utilizes its Housing Fund to preserve assisted units (existing units which receive governmental subsidies which may expire). 4. Housing Fund Targeting (Revisions to the 1994 Plan) There are two levels of affordability requirements for units in the Redevelopment Project area. In general, Redevelopment Agencies are required to ensure that 15% of all units developed or substantially rehabilitated in a project area by public or private entities other than the agency must be affordable to low and moderate income households. (There are additional affordability requirements for units developed or rehabilitated directly by the Redevelopment Agency). In addition, there are specific "targeting" requirements when Housing Funds are expended. Redevelopment Agencies must expend their Housing Funds in a manner that will produce units affordable to lower income households and very low income households at least in proportion to the community's unmet need for units affordable to those categories. These unmet needs are supposed to have some relation to the regional housing needs as identified in a community's Housing Element. The 1996 Housing Element identified the following revised regional housing needs analysis for new construction, by household income level: Very Low Income Low Income Moderate Income Total 45 (31 %) 44 (31%) 55 (38%) 144 (100%) Therefore, for at least the 1996-1999 remaining time frame of the Redevelopment Housing Plan, the expenditure of Redevelopment Housing Funds should be in the following proportions: 31 % of the units assisted for very low income, 31 % of the units assisted for low income and the remaining 38% for very low, low or moderate income. 5. Housing Production (Revision to 1994 Planl State law requires that a community identify a housing production plan which identifies: A.). estimates of the number of new or rehabilitated residential units to be developed within the project area, and B) the number of units for very low, lower and moderate income households which will be developed. The December, 1994 Plan adopted by the Town identifies the following new construction estimate: Total Affordable to Very Affordable to Lower Low Income HH and Moderate Inc. HH 1995-99 12 1 1 1995-2004 30 2 3 1995-2032 65 4 6 The Planning Department has reported that 41 units were approved for construction or substantial rehabilitation in 1995. Assuming that all of these units are constructed, the revised affordable housing requirements would be: Total Affordable to Very Affordable to Lower Low Income HH and Moderate Inc. HH 1995-2004 41 2 4 The 1995-2004 time frame is important because the law states that the affordable housing production requirement needs to be met within the 10 year time frame. Therefore, the 6 total affordable units would have to be produced by 2004. 6. Specific Housing Programs and Expenditures (New to 1994 Planl In 1997 the Town will expend its Redevelopment Housing Fund balance as of 6/30/97 as a commitment of funding to a selected developer of new affordable units. The Town will develop a "Request for Proposals" which will be distributed to non-profit and for -profit developers and which will include the following conditions: a) Redevelopment Housing Funds must be used to assist the construction of new units for very low and lower income households. b) The Redevelopment Housing Funds will be provided as a loan, either an amortized loan or a deferred payment loan. c) The units must meet the basic occupancy, affordability and required time frames for duration of affordability controls as specified in the Town's Redevelopment Implementation Plan. In 1998-1999, The Town will repeat the process identified above and expend the remaining amounts of its funds for a second round of the RFP process. A. • endix #2: Bibilio• ra. h Association of Bay Area Governments (ABAG), "Housing Needs Determination", January, 1989 County of Santa Clara, Housing and Community Development Program, "Consolidated Plan 1995-2000," February 16, 1996 County of Santa Clara, Office of the Homeless Coordinator, "1995 Overview of Homelessness in Santa Clara County," March 10, 1995 Fisher Center for Real Estate and Urban Economics at U.C. Berkeley, "No Vacancy: How To Increase the Supply and Reduce the Cost of Rental Housing in Silicon Valley," June 25, 1996 Homebase, "Homelessness in the Bay Area," 1990 State of California, Department of Finance, Household and Population Reports, 1980-96 State of California, Department of Housing and Community Development, "California Statewide Housing Plan Update," 1990 Town of Los Gatos, "Housing Stock Survey Report," 1983-84 United States, Bureau of the Census, 1980 and 1990 U.S. Census Data United Way of Santa Clara County, "United Way Needs Assessment for Santa Clara County," 1993-1994 Appendix #3: Inventory of Housing Resources INVENTORY OF SPECIAL NEEDS FACILITIES AND SERVICES SPECIAL NEEDS CATEGORY - ELDERLY AGENCY: Project Match (Urban County) Catholic Charities - Long Term Care Ombudsman (Los Gatos, Morgan Hill) Community Services Agency of Mtn Vw & Los Altos (Los Altos) Live Oak Adult Day Care (Los Gatos) San Jose State University - The Health Place (Los Gatos) YMCA -Senior Center (Morgan Hill) Outreach and Escort (Morgan Hill) Catholic Charities - Independent Aging Prog. (Morgan Hill) Second Harvest Food Bank (Milpitas, Morgan Hill, Los Gatos) Senior Adult Legal Services (Milpitas) Saratoga Senior Coordin. Council Revised 2J 16/96 PROVIDES: PHONE NO: Shared housing for elderly 287-7121 Advocates for elderly residents of long 944-0567 term care facilities Senior case management and I & R to (415) 968-0836 seniors Provides social day care to frail seniors 354-4782 Provides health evaluations and case 924-1325 coordination for low income seniors Operates a senior center serving as the daily nutrition site; provides services and activities Provides transportation to/from Morgan Hill senior center nutrition program for frail elderly Provides professional care management and linkage to services to Morgan Hill seniors. Provides weekly bags of groceries to low 266-8866 income seniors. Provides free legal assistance services to 295-5591 elders Provides support, recreation, and services 867-3438 for seniors ext 257 SPECIAL NEEDS CATEGORY - DISABLED AGENCY: Adult Independence Devel. Center Pacific Autism Ctr for Education Social Advocates for Youth Timpany Center Tri-Aegis Allendale Proj. PROVIDES: Revised 2/16/96 PHONE NO: Provides housing and attendant care 985-1243 referrals to disabled Housing for autistic children Housing and counseling for 253-3540 disabled youth Aquatic, therapeutic recreational 295-0228 services for disabled youth & adults Group home for developmentally disabled 265-1229 SPECIAL NEEDS CATEGORY - PERSONS WITH AIDS/HIV Aris Project Provides services to persons with HIV/AIDS SPECIAL NEEDS CATEGORY - AGRICULTURAL WORKERS Ochoa Migrant Center Farm Bureau California Rural Legal Asst. Office of Human Relations South County Housing • Housing for Migrant Workers Provides assistance to agricultural industry growers and workers Legal counseling for agricultural workers 847-1408 299-2206 Housing for Migrant Workers -Aspen Grove 842-9181 NON PROFIT HOUSING OWNERS/DEVELOPERS IN LOS GATOS: Community Housing Developers (408) 279-7676 Mid -Peninsula Housing Coalition (415) 299-8000 Appendix #4: Inventory of Vacant Land Vacant Non -hillside (Zoning) APN (s) 529-20-051 529-34-008 ADDRESS Los Gatos Blvd. 210 E. Main 529-34-068 529-34-094 532-06-058 E. Main E. Main Shannon Rd. ZONING AREA (Acres)1___GEN'L PLAN DESIGNATION 15-1 i 0.55 LOW DENSITY, 0-5 C-1 C-1 ' 0.84 C-1 0.53 NEIGHBORHOOD COMMERCIAL C-1 0.20 "I 0.33 NEIGHBORHOOD COMMERCIAL 245 NEIGHBORHOOD COMMERCIAL MIXED USE COMMERCIAL 410-15-011 510-45-011 529-01-027, 028 607 N. Santa Cruz Ave. 223 W Main St. S. Santa Cruz Ave 529-02-045 50/68 W. Main St. 529-28-035 424-07-051 424-10-066 424-14-028 E Main St. Bennett Way C-2 C-2 C-2 C-2 C-2 0.13 ! SERVICE COMMERCIAL 0.32 j CENTRAL BUSINESS DISTRICT_ 0.71 I CENTRAL BUSINESS DISTRICT_ 0.24 i CENTRAL BUSINESS DISTRICT 0.12 I CENTRAL BUSINESS DISTRICT 1.52 NO ADDRESS 15650 Los Gatos Blvd. 523 ^6-01C 523-06-011 1 CH CH CH CH CH 0.06 0.10 0.46 0.14 MIXED USE COMMERCIAL MIXED USE COMMERCIAL MIXED USE COMMERCIAL j MIXED USE COMMERCIAL 0.78 I LOW DENSITY, 0-5 1.54 409-24-001 409-24-002 Winchester Blvd. CM Winchester Blvd. 409-24-003 424-31-027 424-31-049 Newell Ave. University Ave. Lark Ave. 567-18-003 CM 0.31 0.15 j CM CM CM 0.23 1.87 0.17 2.73 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LIGHT INDUSTRIAL LIGHT INDUSTRIAL 567-18-004 567-18-006 567-18-007 Harwood Rd. HarwoodRd' Harwood Rd.. Harwood Rd. 567-18-008 567-18-058 Harwood Rd. Alerche De. 567-18-062 567-18-068 107 Crider Ct Harwood Rd. HR-1 HR-1 1.65 1.01 HR-1 i 1.01 MR-1 j 1.02 HR-1 HR-1 HR-1 1.5 0,47 0.43 HR-1 I 1.40 8.49 LOW DENSITY, 0-5 LOW DENSITY, 0.5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 537-23-056 537-05-010 537-05-015 Wooded View Acres(?) HR-2.5 19.1 19.1 Foster Rd. ,7 HR-5 T 6.02 17975 Foster Rd. -( HR-5 LOW DENSITY, 0-5 HILLSIDE RESIDENTIAL, 0-1 18.85 1 HILLSIDE RESIDENTIAL, 0-1 24.87 424-27-005 LM 1 0.32 I SERVICE COMMERCIAL 424-27-006 ' LM 0.32 ! SERVICE COMMERCIAL - '_EP. -. 196 APN (s) 424-27-007 529-07-071 529-07-091 529-11.026 529-12-007 529-12-008 8:S=AM TOWN OF LOS GATOS Vacant Non -hillside (Zoning) 529-12-009 410-16-025 421-13-061 424-31.055 523-06-042 529-13-010 407-14-008 407-16-011 ADDRESS Farley Rd. West University Ave. University Ave. Farley Rd. University Ave. University Ave. University Ave. Monterey ave. 15400 National Ave. 14800, 14850 Winchester 16190 Los Gatos Blvd. NO ADDRESS 14304 Quito Rd. Old Adobe Rd. 523-42-011 532-37-052 532-37-061 Union Ave. 101 Stacie St. Hollywood Ave. ZONING AREA (Acres), LM 0.42 LM 0.14 LM 0.23 LM LM LM LM 0.40 0.57 0.57 3.01 5.98 NO.146 F. 3, a GEN'L PLAN DESIGNATION SERVICE COMMERCIAL SERVICE COMMERCIAL SERVICE COMMERCIAL SERVICE COMMERCIAL LIGHT INDUSTRIAL LIGHT INDUSTRIAL LIGHT INDUSTRIAL 0 0.33 MEDIUM DENSITY, 5-12 0 1.30 OFFICE PROFESSIONAL O 1.09 ! PUBLIC 0 0.28 LOW DENSITY, 0-5 0.29 OFFICE PROFESSIONAL 3.29 R-1:10 0.14 R-1:10 R-1:10 R-1:10 R-1:10 409-20-006 409-23-003 409-25-021 510-54-026 La Rinconada Dr. Hernandez Ave. R-1:12 R-1,12 R-1:12 R-1:12 407-02-012 2.55 0.34 0.19 0,16 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 3.38 2.55 I MEDIUM DENSITY, 5-12 3.84 0.28 0.18 6.85 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 Smith Creek Dr. 407-06-007 403 Montclair Rd. 407-10-003 424-30-059 424-30-098 529-29-038 529-29-040 529-33-051 R-1:20 R-1:20 More Ave. R-1:20 Oak Ridge Way R-1:20 Wild Way Reservoir Rd. R-1:20 0.61 0,34 0.45 0.50 1.28 Reservoir Rd. Kimble Ave. 529-37-042 532-36-005 Alpine Ave. Los Robles 0.18 R-1:20 1 0.32 R-1:20 0,01 R-1:20 R-1:20 0.47 3.18 7.34 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LIGHT INDUSTRIAL MEDIUM DENSITY, 5-12 LOW DENSITY, 0-5 HILLSIDE RESIDENTIAL, 0-1 LOW DENSITY, 0-5 LOW DENSITY, 0-5 406-28-013 406-28-022 406-28-028 406-28-029 Capri Dr. j R-1:8 589 Vasona] R-1:8 585 Vasona R-1:8 593 Vasona 409-04-051, 053 j Wedgewood Ave. 1091 Little Harriet Rd. 409-05-028 409-13-021 409-14-001 0.24 0.41 LOW DENSITY, 0-5 LOW DENSITY, 0-5 0.40 R-1:8 0.43 R-1:8 1.82 (Pollard) R-1:8 R-1:8 R-1:8 T LOW DENSITY, 0-5 LOW DENSITY, 0-5 MEDIUM DENSITY, 5-12 7.40 j MEDIUM DENSITY, 5-12 0.14 I LOW DENSITY, 0-5 0.24 I LOW DENSITY, 0-5 Vacant Non -hillside (Zoning) APN (s) ADDRESS 409-14-039 I 14317 La Rinconada Dr. I 409-17-015 Wedgewood Ave. 410-09-044 15763 Kavin Ln. 410-18-006 424-07-033 424-07-091 Creffield Heights 424-07-094 424-07-095 424-08-029 424-08-035 Bennett Way S. Bascom Ave. 16392 Burton Rd. Oka Ln Oka Ln 424-08-062 424-08-066 424-08-074, 075 424-10-050 424-12-121 424-19-053 424-21-038 424-21-051 Lark Ave. National Ave. (County) Sun Ray Or. Farley Rd. 424-22-033 424-47-013, 017 510-41-067 510-41-068 510-43-045 523-06-025 523-09-004 523-09-005 Laurel Ave, Laurel Ave. Pennsylvania Ave. Magneson Loop Blossom Hill Rd. 523-13-066 523-23-037 527-01-013 1 16061 Shannon Rd. 527-07-009 I Camino Del Cerro 529-09-001 Blossom Hill Rd. 529-14-012 529-17.006 529-20-015 529-20-023 NO ADDRESS Blossom Hill Rd. Frank Ave. Roberts Rd Pine St. ZONING IAREA (Acres)GENII PLAN DESIGNATION R-1:8 I 0.24 LOW DENSITY, 0-5 R-1:8 0.70 I LOW DENSITY, 0-5 R-1:8 I 0.19 i LOW DENSITY. 0-5 R-1:8 1 0.16 L MEDIUM DENSITY, 5-12 R-1:8 0.15 I MIXES E COMMERCIAL R-1:8 I 0.24 1 MIXED USE COMMERCIAL R-1:8 I 2.21 MIXED USE COMMERCIAL R-1:8 0.65 MIXED USE COMMERCIAL R-1:8 R-1:8 R-1:8 I R-1:8 R-1:8 0.30 0.29 2.30 0.28 9.20 LOW DENSITY, 0-5 LOW DENSITY, 0-5 MEDIUM DENSITY, 5-12 R-1:8 R-1:8 R-1:8 0.73 0.29 0.17 R-1:8 0.97 R-1:8 0.36 R-1:8 0.98 R-1:8 4.45 R-1:8 0.35 R-1:8 1.20 R-1:8 l 0.17 R-1:8 1 0.19 R-1:8 R-1:8 R-1:8 R18 R-1:8 0.53 1,08 0.19 2.50 1.45 R-1:8 0.39 R-1:8 ( 0.40 R-1:8 1 R-1:8 529-23-005, 015, 016 529-39-065 529-39-066 532-07-117 532-23-020 532-23-021 532-29-029 532-34-071 0.22 0.55 R-1:8 Pine St. R-1:8 Bella Vista Ave. Johnson Hollow L R-1:8 NO ADDRESS R-1:8 R-1:8 16456 Ferris Ave. 17381 High St, High St. Loma Alta Ave 259 Vista del Monte 410-15-002 Ashler Ave. New York Ave. R.1:8 R-1:8 R-1:8 R-1:8 R-1:8 0,63 0.11 1.31 0.09 0.11 0.35 0.15 0.36 0.20 1,65 50.12 LOW DENSITY, 0-5 LOW DENSITY, 0-5 MIXED USE COMMERCIAL LOW DENSITY. 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY. 0-5 LOW DENSITY, 0-5 L_ LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 HILLSIDE RESIDENTIAL, 0-1 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 MEDIUM DENSITY,5-12 MEDIUM DENSITY, 5-12 LOW DENSITY. 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY, 0-5 LOW DENSITY. 0-5 MEDIUM DENSITY, 5-12 HILLSIDE RESIDENTIAL, 0-1 R-1D 1 0.13 529-27-021 - R-10 1 0.41 1 0.54 MEDIUM DENSITY, 5-12 1 - C - • OPEN SPACE Vacant Non -hillside (Zoning) APN (s) ADDRESS I ZONING AREA (Acres) GEN'L PLAN DESIGNATION 424-07-081 �`- 424-07-082, 083 424-07.089 527-19-004, 005, ' 006, 007; 527-17- 004; 527-20-001; I 537-27-005, 006 ! 14734 Blossom Hill Rd. 523-23.030 424-08-016 424-08-017 ! 424-08-021 424-28-027 529-05-043 Verde Ct '-' 1,: ,4?.: n %i Vineland Ave. RC RC RC RC 1 . 1 RD 3,21 � — I MIXED USE COMMERCIAL 9.17 i MIXED USE COMMERCIAL 11.44 MIXED USE COMMERCIAL 103.00 I 12fi 82 j I RM:5-12 RM:5-12 RM:5-12 0.18 1.16 2.60 4.32 AGRICULTURE 0.18 i LOW DENSITY, 0-5 529-05-044 529-05-049 529-16-019 Miles Ave. Miles RM:5-12 RM:5-12 RM:5-12 RM:5-12 0.13 1.15 0.47 4.30 529-16-021 i 17005 Roberts Rd. RM:5-12 0.59 0.53 529-16-045 i 16973 Roberts Rd. 529-16-068 ! 16945 Roberts Rd. RM:RM:5-12 ; 1.11 1 529-16-073 ! Placer Oaks Rd. i RM:5-12 ! 1 11 ! 3.33 529-21-010 Bella Vista Ave. ! RM:5-12 0,16 529-29-008 17017 Roberts Rd. College Ave. 529-05-015 529 � 6 529-05-030 529-05-031 RM:5-12 RM:5-12 1 0.27 20.53 University Ave. RM:5-1 H2 LL P RM:5-12-LHP RM:5-12-LHP University Ave. i RM:5-12-LHP RM:5-12-LHP 529-05-034 529-09-029 529-09-034 University Ave. Roberts Rd. Rushmore Ln 1.21 0.38 0.96 1.02 0.19 3.76 LOW DENSITY, 0-5 LOW DENSITY, 5 LOW DENSITY, 0-5 MEDIUM DENSITY, 5-12 OPEN SPACE OPEN SPACE OPEN SPACE MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 I MEDIUM DENSITY, 5-12 RM:5-20 0.21 RM:5-20 0.19 RM:5-20 0, 39 0.79 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 MEDIUM DENSITY, 5-12 HIGH DENSITY, 5-20 HIGH DENSITY, 5-20 NM/ 2_2, 19,1q ittee/Council Comment 2 - t TT t, T1, 4 2, Highlights of Draft Housing Element ° 7 O A § (A 6 e.a r8 g ,. ; v ., mi 4 44 e.4-- cn u) 'go) 4 u) 711 (I) 0' 42 F24 r6 0 -i-i 0 0 3 0 ,73 +a ci) i...., 4 4 Q E., — cn O A, ,° 6�� t o � �8 ° D�0 ro4) a, 4 � g U 0 g 1-4 � �.4.J 0 00 414 .� 0 p, p, o ed CO o g �, � .4 4? 4-1 o fir, �O o)�,Q° Xi CL)Cn 0 °°' gip, cn O 0 0, ad 0 (I) 6 au ,� v O 1.,i A, Ti c4 0 ,A. co f, DEN 4 cilG g0 $-4 ›'' 14 4-1g 44 •9 0 0 ul 3 0 o ,H g Doti® rE ' "r-8 2 Pvg .t c) ti o W b •'.' . O 0 P 0 �WQ, N t. CO 4 Z 0 Housing Stock: O CO Q) r-i Cl Ag gi +.) 4 k . o 1 Ci; �, il c.5 14 a U' 1 Q A1" 4a 01 0 Po :4-3,4 1-4 CI) g g ctim +9 0 o CU 4.4.3 I:t Cd th co 0 > ,Cn Ch � Cn v-� .1g 1 :4:3 g g 4., cE-4 0 ti) ci) .511) c9 8- 74 0a) r.T ci lit o in qn o o 5 04 4, CSCOC cn Pi .1 :r1 cd 4-,.0 4 'd ua ''.1.h' E 0 r>1 8 •`' 1' 61 v t Ilg 04 .4-ez a, T l w t4 g -,..1) 44 6 L E E r� raA N. > 0. 4? 8 r+ .a —4 44. fi O 3 co ° >; 0 r, L ' LL N fi i1C OTT 1$ �Iun /Clruwed abe.1any C O Maximum Monthly Housing Cost $842/month Q 4 N 0 $2022/month Q Maximum Annual Household Income 0 0 M b+4 0 0 .7t' b9- Moderate $80,900 (80-120% of Median) Very Low (0-50% of Median) O o O ct a) 4 Homeowner Affordability, Town of Los Gatos, 1995 Household Who Could Afford Median Priced Single Family Home 0 0 ,-1 ,—+ EA- N O M 0 N N r1 0 0 0 M 0 N 0 0 0 d' cfr 69- V)- 6x} Household Who Could Afford Median Priced Condominium 0 Maxinunn Purchase $143,392 S229,000 Price G' cn O 0 N N O `�? 00 mot' N `� ``� CO b� vD I V? ,—, 0 N .--+ 69- *—+ r 0 N to 6g School Teacher Family (Under 8O% of Median Income) S42,100 d' oo N l--- M r-+ 0 00 - O E 64} N N 6g 6c} Annual Income Monthly Income Maximum Monthly Housing Cost (30% of Income) Taxes and Insurance (% of Monthly Housing Cost) Maximum Monthly Mortgage Payment Maximum Mortgage Downpayment 5 Fevi5ed ABAG New Construction 11) 13) •> ea NI 0 41a, o to 43 �43 V m as cm •Ni O tn tA•X 4 O LI)O 0 4 Lo New Units Produced, 1988-1996 60 (Open Doors) 39 (Open Doors) (Terraces). (BMP Unitl) 5 (BMP Units) • O- co tlJ Qr V a a) ciS -Ts Type of Household by income Level Very Low Income 0-50% of Median Income Low Income 51-80% of Median Income Moderate Income 81-120% of Median Income Above Moderate Income 120%+ of Median Income TOTAL, Housing Achievements (1988-95) o o 'b o ci in P-1 cA g 8 cn co 0 g :4,-4 rej9 g ti 0 g g 13 ° ;!1fl °a, a c �° c 84 5w 'CJc3 o 0 o 4CD viz V> i 4 o 0 .-,° go 04 cd g 0 c.) co 0 4 it v=i 41 fJ u) 4.1 a3 in 4) c g it-' p a) g o o p-..-4,7c/ 13 vt 4.1 f, O • °b v 4 Qn ,1 a) ®o l E u) a) .,, (5)) tl czt to o 0, (-) .o.w g pg.w .4.4..„ 2° to ...4s:1 13 g .-481 >t) T ,.: - t1 O �'' +e ,�; 59 ,g>14a) -,w° .-1° 'cl 'b a) o b 5 'a 4.1 440,9Ezpiaic.) 000 o › g j 4 CI '01) 0 0 as ,54 eii 8 cd +.; cl g pc-i:L -a> -o- cd 0 8 9ti i vcso "40 0" r4w cu ci) V iii 4'.' ii pL'i 0 CO '0 Pi .§$ 20 .21 g4t,ftii 1,1›gr 1 0 +Jo sti +4 o Q°° .d q>"D,a I 3 t g ,PE il 0 p 4)1 . 4?, p,�o _. p, oo'dvO a�▪ mooo ° da) a) PoC°�0cd0 P�g*�a- ao g E-4 g44 OP!.1 g 0 CD g u)ci,do NM00)o g a o,, , 0 7 Regional Housing Needs and Accomplishments, 1988-95 Household Income Group Town of Los Gatos City.. of Cupertino City of Palo ` Alto. VERY LOW INCOME Units Needed 105 Units 508 Units 338 Units Units Produced 60 Units 58 Units 62 Units % of Need Achieved 57% 11% 18% LOW INCOME Units Needed 83 Units 444 Units 232 Units Units Produced 39 Units 50 Units 24 Units % of Need Achieved 47% 11% 10% MODERATE INCOME Units Needed 111 Units 635 Units 347 Units Produced 5 Units 12 Units 48 % of Need Achieved 5% 2 2% 14% co ct N-. 0 Po 0 Po g rn 3 0? th ii a 0) 3 ri 1.4 oo 0 1+4 loss' 4 .0i Pcs (i) g i•I (o Z o e 'd -0 o cn ecl 5 04 W § z 0 oZa) rn cn rq o 0 A g rt ,-+ cv .5 444 •Pa 0 o 0 It 0 0 Z al o cn U to 0 0 O 0 U 00 it o 4 0 Z � bk 'oil .4 :4 q 0 0 ili a N E.4 W W CU at in P1 U U R 2R f MEM O R A N DU COMMUNITY SERVICES DEPARTMENT To: From: Subject: Date: Lee Bowman, Planning Director Regina A. Falkner, Community Services Director) Draft Housing Element October 24, 1996 RECE/ VED OCT 2 5 1996 TOWN OF LOS GATOi PLANNING DEPARTMENT By The Community Services Commission Housing Committee met Last Monday to discuss the Draft Housing Element. The following are their comments and questions --as well as some of Barbara's and mine. Please call Barbara at 408.354.6820 and let her know how you want to respond; informal works for us (as you know, I am out of the office until 11/11). • How was the 35% rental goal established? • Master demographic chart needed to allow for overview. • Page 27/28: Income eligibility criteria used? (add column) • Page 12: Project Match serves adults with one child. What about two kids? • Are other cities providing housing for single parent households? • SHH: How many kids in family? • Overcrowding in rental units is a problem, even if it's affecting relatively few families (last sentence Page 14). • Page 20: Total number of units in chart doesn't add up to 11,822? • Invite developers to public hearings regarding the element. • How about converting large homes into multi -family units? (Approval process required to make this possible.) • Page 31 (CDBG): Consider adding: Approximately 75% of the Town's total accumulated CDBG funding is divided almost equally among three on -going Town programs: The Housing Conservation Program, ADA (Americans with Disabilities Act) accessibility improvements, and affordable housing. • Page 69: Where did these goals come from? • Page 42: Clarify Planned Development (PD) overlay zone? • Page 43: Would it serve any purpose to designate percentage of land zoned HR, R-1, R-D, etc., in chart? • Page 44: Missing sentence in first paragraph: ...the Planning Director. More complicated applications, such as subdivisions... • Page 47: 1. Financing Costs/Line 10: ....Adjustable rate loans had even lower rates, up to 5% and.... (Existing sentence very awkward.) • Page 51 (Chart): b. BMP (2nd column) second clause incomplete. • Page 62: 9. Homeless Assistance....change Coalition to Consortium....(EHC: Consortium). • Page 28: 1. Below Market Price (BMP) Program (2nd line): ....The BMP program was 1979 Page 26 says program was initiated in 1976?? cc: George Perazzo, Chair, Community Services Commission Housing Committee Seth Lehrman, Community Services Commission Housing Commit -tee Barbara Coy-Bulicz, Community Services Program Coordinator ranging from 3.5% Emergency Housing initiated in n:\csd\housing.ele A T r t . T 3 COMMENTS AND QUESTIONS CONCERNING THE HOUSING ELEMENT UPDATE Received at General Plan Committee Meeting 11/13/96 ► Compare median price of Los Gatos home to median price home, Santa Clara County Indicate how Open Doors has such low rental rates, ie: subsidies from Town of Los Gatos, State, Low -interest Housing Tax Credits. Explain that non-profit agency staff obtain at least 6 to 8 funding sources for a project like Open Doors. ► Local efforts to maintain units that may lose federal subsidies are important. Town should talk to property owners - look at preparing financing structure for loss of federal money. ► Possible to obtain figures from Saratoga and Campbell? (to include in Regional Housing Needs table comparing ABAG figure achievement) ► Regional Housing Needs table suggests a need for moderate income units; but HCD does not view moderate income units as high priority need compared to very low and low income units. Include that State looks at overall effort on part of Town to provide housing units? ► For a 20% down payment there is a cost difference for low and very low income units - are there any down payment assistance programs from Town? If not, there should be a recommendation for the Town to have down payment assistance programs. ► To increase rental housing stock, Town should encourage secondary units. Can Town tie units to Beiow Market Price program? Town should consider this since it utilizes developed land. However, existing secondary units not counted as affordable units. ► State should acknowledge low income units that remain in perpetuity. ► What are Ramifications of non-compliance? ► Suit against Town for not having Certified Housing Element ► Town could lose ability to issue Permits ► May prohibit State funding ► State Certified Housing Element prevent Town from being sued? State certification prevents a lawsuit more than a self -certified element. ► Develop housing in Downtown as mixed use? ► Zoning Ordinance allows, but difficulty exists with parking/financing constraints for developers. Overcrowding - 100 units overcrowded in Los Gatos - not identified as significant issue (Los Gatos overcrowded units below County average) COMMENTS AND QUESTIONS CONCERNING THE HOUSING ELEMENT UPDATE Received at General Plan Committee Meeting 11/13/96 • Redevelopment Agency funds should be structured for affordable housing units. For units to remain affordable in perpetuity, Housing Strategies should include that it means working with non-profit agencies (especially for rental units.) • Mention benefit of larger housing project (higher density) to have affordable units More funding available for non-profit agencies if larger projects ► Non-profit probably needs minimum number of dwelling units - ie:, 20 dwelling units ► Non-profit agencies are eager to develop in Los Gatos • Are non-profit agencies willing to manage smaller units if several are located within nearby proximity of each other? N:\DEV\RDA111-14.MET I • LOS GATOS STRUGGLES WITH HOW TO MEET THE HOUSING ELEMENT OF ITS GENERAL PLAN State wants more affordable housing, but land is scarce Study session set for Dec. 9 By CLARENCE CROMWELL he state's repeated requests for more low-income housing in Los Gatos appear to be falling on deaf ears, but town officials insist they'd happily com- ply —if only they could figure out where to put the houses. The California Department of Housing and Community Development is review- ing the town's latest attempt at writing the housing element of its general plan, a doc- ument required by the state to show that the town will have enough housing for the growth state planners expect to see here. Town planners, not wanting to see the document rejected by the state a fourth time, paid planning consultant Melanie Shaffer Freitas $20,940 to write it. At a work session attended by members of the General Plan Committee, Planning Commission and Town Council, Shaffer Freitas explained the document; she isn't proposing that the town rework any of its programs because she believes her draft of the document will convince the state to accept the housing element. If the state won't accept the housing ele- ment, the Los Gatos General Plan will remain incomplete. There's no penalty, but without a general plan the town can be stripped of its ability to issue building per- mits, if anyone sues to force completion of the general plan, said Planning Director Lee Bowman. Shaffer Freitas said the Los Gatos housing element has a good chance of being accepted because the town has excellent programs that help people buy or rent housing for less than the market rate —they just needed to be explained to the state. "I think they're going to be happy with the programs,"she said. "Los Gatos has done a good job with its programs. We have this spectrum in Los Gatos of lower -income people as well as upper -income people." Los Gatos requires developers to sell a percentage of new homes they build at less than the going rate (if they build three or more houses), or pay a fee in lieu of donating the houses. Rental com- plexes must likewise provide below -market units. The town has a fund to subsidize construction of pasta • -( encouraged nonprofit developers to set up a few affordable housing complexes in Los Gatos. Shaffer Freitas conceded that the programs probably won't meet goals the state set for Los Gatos: 45 very low—income units, for people earning less than $33,700 a year; 44 lower -income units, for people earning between $33,700 and $42,100; and 55 moderate -income unit9, for people earning between $42,100 and $80,900 :She project ed that the town's affordable- housing fund would put into place 15 of the 89 units needed for lower - and very low—income people; she projected that the town would be able to subsidize none of the mod- erate income units needed. A problem the town expects to grow is rental housing for seniors with fixed incomes. The reason Los Gatos can't meet state expectations, building offi- cials have explained, is that the state expects Los Gatos to set aside land and zone it adequately for low -rent apartments. That would require as many as 30 units per acre and would mean three- or four- story apartment towers. Two-story apartment buildings won't be big enough to provide all the units and will cost more per -unit to build and for renters to rent. There isn't enough land with zoning that will allow apartments to meet the state's housing demands. Town Manager Dave Knapp said it's a better idea to make develop- ers include low-priced units when they build. It spreads affordable units around town and doesn't ruin the view. Town Council members have said they won't even broach the question of apartments taller than two stories and no one in Los Gatos is asking them to. The town right now has a total of 236 affordable units: 179 very low—income, 49 lower -income and eight moderate -income units. People in low- and very low—income categories couldn't come close to buying a traditional, one -family house in Los Gatos. To buy a median -priced house here during 1995, a newcomer needed to earn $132,000 a year and probably paid $450,000, according Shaffer Freitas' report. (The report assumes that the buyer will get a 30- year mortgage, at 8 percent, with a 20 percent down payment.) To buy a median -priced condo, in 1995, a new Los Gatans had to earn at least $67,239 a year and would have paid $229,000 for the condo. Data in the housing element showed that minorities aren't mov- ing to Los Gatos. Nor has the town been expanding its base of housing as fast as growth requires. The population was 90 percent white in 1990; the county popula- tion is 58 percent white including Los Gatos. And while the county's population is 20 percent Latino, 17 percent Asian and 3.5 percent African -American, the Los Gatos population is 4.7 percent Latino, 5 percent Asian and 0.4 percent African -American. Los Gatos did not keep up to the countywide growth during the 1980s and lagged far behind other cities in expanding its housing stock. Between 1980 and 1990, Santa Clara County grew by 16 percent but Los Gatos grew by only 2 per- cent. Monte Sereno and Saratoga both shrank by 4 percent. Other cities took up the slack: San Jose grew 25 percent and Campbell grew 33 percent. Morgan Hill swelled 40 percent just during that decade. .'• - • =_-• Between then and now —from '1990 to 1996—Los Gatos has added 413 new houses. The town had 12,235 units, as of Jan. 1, 1996. The rate of housing growth has been slower than it was during the 1980s. The town has seen about 69 new houses a year during the past six years, compared to 96 a year during the 1980s. The town is running out of land and it's harder for develop- ers to borrow money, after the fed- eral government tightened up banking regulations. Those who can afford to buy or rent in Los Gatos will find it extremely difficult to locate a par- ticular place to put their money on. The vacancy rate for multi -family apartment complexes is currently hovering around 0.5 percent, according to Shaffer Freitas' report. Less than 5 percent vacancy indi- cates a tight apartment market. About 36 percent of Los Gatos residents rented in 1990, according to information Shaffer Freitas gleaned from the U.S. Census. About 40 percent of California cities have incomplete general plans because of their housing ele- ment, Bowman, the planning director, has said. Numerous cities around the state are currently com- plaining of the numbers of units the state expects them to make room for. Some cities, including Los Gatos, have proposed merging their needs with other municipalities, so the required units could be built near- by, if not in Los Gatos. The Town Council will hold a study session on the housing ele- ment Dec. 9 at the Town Council Chambers, 110 E. Main St.Plan- .ncrs expect that the council.* be 'ready to adopt the housing=ele-' ment next spring, after a series of putlicheaurtgs - t T FREITAS +•FREITAS Engineering and Planning Consultants October 21, 1996 Mr. Lee Bowman Planning Director Town of Los Gatos PO Box 949 Los Gatos, California 95031 99E; ;l v;, C I C 3 GA O Dear Lee: Attached to this letter please find your copy of the transmittal letter sent to the State Department of Housing and Community Development. Los Gatos' draft Housing Element Technical Appendix was sent today to HCD for their review. I have also collected some information for you in regards to your question about how other communities have done in achieving their regional housing needs goals. In the table below, I have compared Los Gatos to Palo Alto and Cupertino for the period from 1988- 95. As you can see, Los Gatos has been much more successful than either of the other two communities in addressing housing needs for very low and low income households. Regional Housing Needs and Accomplishments, 1988-95 Household Income Group VERY LOW INCOME Town of Los. Gatos City of Cupertino City of Palo Alto Units Needed 105 Units 508 Units 338 Units Units Produced 60 Units 58 Units 62 Units % of Need Achieved 57% 11% 18% LOW INCOME - Units Needed 83 Units 111 Units 232 Units Units Produced 39 Units 50 Units 24 Units % of Need Achieved 47% 11 % 10% MODERATE INCOME Units Needed 111 Units 635 Units 347 Units Produced 5 Units 12 Units 48 % of Need Achieved 5 %Q . 2% 14% Please feel free to call me if you have any questions about this table. Yours truly, Melanie Shaffer Freitas Freitas + Freitas 311 Laurent Street S- ( ATTACH • Santa Cruz, CA 95060 • (408) 429-5018 • Fax (408) 429-1264 THE WHO, WHY AND HOW BEHIND AFFORDABLE HOUSING.. . WHO: • Affordable housing enables people of diverse incomes to live in Los Gatos. This diversity defines the Town's character and makes Los Gatos more than a bedroom community. • A viable housing stock must be maintained in Los Gatos, just as much as viable commercial districts must be maintained. • People who work in Los Gatos should have the opportunity to live in Town. • Do we want to preserve and continue to develop affordable housing or become an exclusionary community? WHY: • It is a National and State goal to "provide a decent home and suitable living environment for all". • Our community's housing goals include providing housing affordable to people who work in the Town, and improving choice of housing opportunities for senior citizens, families and singles in all income groups through a variety of housing, both owned and rented. • Does the Town want to renew this commitment? HOW: • Renew the commitment to providing affordable housing and improving housing opportunities in Los Gatos. • Adopt the Updated Housing Element and gain State certification. • The Housing Element and Redevelopment Housing Strategies include policies and recommendations for using funds set aside for affordable housing development in Los Gatos for the years 1996-99. n:\dev\ks\12-9att6.hs - f ATTACHMENT 6: LOS GATOS HOUSING PROGRAMS RENTAL OWNER OCCUPIED (See attached) bO -7 a, U4-i ( c� "C cn O — O' .—t '�"" S N O 39 since 1988 O (See attached) VD •--i `—' O O1 N �-' •^ rip N CZ Cr) T.; +� cn .r 0 .-- 1995/96: 2,258 contacts 16 conciliations 5 mediations PROGRAM Information and Referral , Staff maintains a current listing of local housing resources and networks with Housing agencies in order to provide inquiring residents with current and accurate information. Housing Conservation Program (HCP) This program preserves the existing housing stock and promotes safe housing for residents by providing Community Development Block Grant (CDBG) funded low interest loans and grants to income eligible property owners to rehabilitate their homes. Low interest loans are also available to property owners to rehabilitate qualifying rental units. Approximately 325 households have been assisted through this Program since its inception in 1976; approximately $1.8 million has been disbursed. After the Loma Prieta earthquake, the program became the vehicle for claiming and distributing over $3,000,000 in State funds and $300,000 in private funds, for housing rehabilitation. Below Market Price Housing Program (BMP) Through the Program, new residential units are made available to income eligible households for purchase or rent at below market rate prices. The Town Code outlines the elements of the Town's inclusionary zoning ordinance. The ordinance is implemented through the Below Market Price Housing Program which is guided by Town resolutions. In certain instances, developers may pay a fee in -lieu of providing units. Funds are used to administer the program and may also be used for other affordable housing efforts such as: landbanking; writing down the cost of owner - occupied units; and purchasing rental units. Affordable Housing Development (Landbanking) In partnership with non-profit housing developers, the Town uses non -General Fund to develop affordable units. Examples include a fourplex on Fairview Plaza, a fourplex for seniors on Nicolson Avenue, Villa Vasona, and the Open Doors Housing Development. CDBG funds have been used to purchase land or provide loans or grants for 171 new units throughout the Town. Without the Town's commitment of funds, these units would not have been constructed. Staff projects that a suitable development will be identified in 1997 using CDBG, BMP In -Lieu and Redevelopment Funds. Mortgage Credit Certificate Program (MCC) MCC's provide financial assistance by giving federal income tax credits to first-time home buyers of single family homes, townhomes, and condominiums. Rent Mediation Program The Rent Mediation Program provides a process for resolving disagreements between tenants and property owners in accordance with Town Codes Sections 14.80 and 14.85 Rental and Other Landlord/Tenant Disputes. The Code was written with the objective of preventing excessive and unreasonable rent increases while assuring property owners a fair and reasonable return on investment. !'Qr194•All.......:.... l..t. ...A tn!nrnc VJLLU.A ILLV LLJiII�. l6,11Jb' pi t/. tY flu IL/Y/7V • 4 I TOWN OF Los GATOS CIVIC CENTER 110 E. MAN STREET P.O. Box 949 Los GA Ith, CA 95031 COMMUNITY SERVICES DEPARTMENT HOUSING PROGRAMS The Town of Los Gatos has a commitment to and takes an active role in developing low/moderate income housing in our community. There are multiple affordable housing units scattered throughout the Town. RENTAL 1. Beckwith Apartments 31 East Main Street Two Below Market Price studio rental units. For more information, call Steven Ho at 446-0118 2. Los Gatos Oaks Apartments 517 Blossom Hill Road Two Below Market Price rental units. For more information, call William Errico at 354-0569 3. Los Gatos Fourplex 221 - 227 Nicholson Owned by Mid -Peninsula Housing Coalition. This fourplex consists of one -bedroom apartments for low and moderate income seniors. For further information call, Mid -Peninsula at (415) 299-8050 or (415) 965-1060. 4. Hartin House 221 Los Gatos Blvd. Owned and managed by Community Housing Developers. This group home houses eight senior women. Each resident has a private bedroom and shares other rooms and facilities. Eligible applicants must meet Section 8 income limits. Rents are subsidized by the Santa Clara County Housing Authority. If you have questions or would like to get on the waiting list, call Community Housing Developers at 279-7676. 5. 95 Fairview Plaza Owned and managed by Community Housing Developers. This fourplex consists of one studio, two one -bedroom, and one two -bedroom apat Lnients. For further information, call Community Housing Developers at 279-7676. INCORPORATED AUGUST 10, 1887 Tl "i 6. Open Doors Multi -Family Development 634 W. Parr Avenue Open Doors contains 64 units ranging from two to four bedroom units. An on -site childcare center with subsidized rates is available for tenants. Eligible households must have an annual income less than 60 percent of the County's median. For more information, call the manager at 379-6119. 7 Villa Vasona 626 W. Parr Avenue One hundred seven units for seniors and handicapped. Vacancies filled from facility's waiting list. For further information, call the manager at 370-9410. PURCHASE: 1. BELOW MARKET PRICE HOUSING PROGRAM: The Town of Los Gatos adopted an ordinance which requires that a percentage of all units in a construction project be sold below market price. For further information on the Below Market Price program, please call Ray Tovar of Community Housing. Developers at 279-7676. 2. MORTGAGE CREDIT CERTIFICATE PROGRAM: Through the County of Santa Clara, the Town participates in the Mortgage Credit Certificate Program which reduces the mortgage payment by providing a tax credit on federal personal income tax. For further information about the program, please call the County, Office of the County Executive, at 299-4711. HOUSING REHABILITATION: 1. HOUSING CONSERVATION PROGRAM: This program offers grants and low interest loans for home repairs to income eligible Los Gatos residents. For more information, please call Sangeetha Gali at 354-6820. OTHER: The Terraces of Los Gatos, 800 Blossom Hill Road, is a Licensed Residential Care Facility for the Elderly and a Continuing Care Retirement Community regulated by the State of California. Twenty-nine housing units and services are provided at reduced rates to eligible senior citizens as part of the Terraces program. For more information, call 358-4477. For information on housing in the greater Santa Clara County area, call Information and Referral Services, Inc. at 345-4532. Subsidized rental housing (Section 8 Certificates) information is available from the Santa Clara County Housing Authority by calling 275-8770. N:\CSD\BarbaralHouslist.CSD Apia 5 1996 Georgia Travis 110 Wood Road, F-109 To the Mayor and Town Council P. O. Box 949 Los Gatos, California 95031 Dear Mayor and Council: (408) 354-0319 Los Gatos, California 95030 I appreciate this opportunity to comment about the need for more affordable housing for low income families. As someone long concerned with their needs, I am aware that more provision of subsidized housing is essential, and espe- cially urgent at this time. Job market changes and increased housing costs place more and more bread- winners on the edge of homelessness. Employment opportunities, especially in this valley, are for educated, skilled, technical and professional workers; persons with low level education, outmoded skills or marginal capacities can secure only low paying jobs that do not pay market rate rents. The need for two breadwinners is well known. Families with only one are especially vulnerable. Los Gatos residents are not immune from these forces. Our town has many service workers, clerks, health care personnel, child care and school staff who live on or near the margin and are pushed off when there is illness, or a business doses, or family disruption occurs. Those who have jobs but cannot afford to live here and commute from a distance, increase traffic congestion and pollution. It would appear that the long term good of the town would be served if more of them could live here. No age group is immune from the misery of homelessness. We are seeing more women in their seventies at the Travis Day Center in San Jose. One of them, you will be pleased to know, whose husband had a heart attack at a supermar- ket, and who had become homeless, luckily did secure a Section Eight apart- ment of the Community Housing Developers. I remember my shock many years ago when I visited a shelter and found two elderly Los Gatos women who had recently been evicted from their apartments. You doubtless saw as I did a few days ago, the picture in a local newspaper of two eight year old boys from a neighboring community whose family had been temporarily housed in tents at a Santa Cruz mountain campground. The impending loss of federal and state funding for the needs of low income persons, coming at this time of job market changes and the increasing gap between rich and poor, make housing a critical issue. You are to be commend- ed for the efforts you have made in the past to avoid making our town a selfish haven for the fortunate and well to do. I hope you will consider additional 9 — ( AF~ tti:l .ts. z r 8 ( ,1 measures to provide more housing that families with low or marginal incomes can afford. Sincerely yours, Georgia Travis April 9, 1996