CDLAC 2021 Scoring Syste m Fra m e work Secretary Lourdes Castro - - PowerPoint PPT Presentation

cdlac 2021 scoring syste m fra m e work
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CDLAC 2021 Scoring Syste m Fra m e work Secretary Lourdes Castro - - PowerPoint PPT Presentation

CDLAC 2021 Scoring Syste m Fra m e work Secretary Lourdes Castro Ram irez | Septem ber 1 4, 2020 The Adm inistrations Prioritized Value Set Gui uidi ding ng Princ ncipl ples for a a Uni nited d Policy A Appr pproac ach: 1 1


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CDLAC 2021 Scoring Syste m Fra m e work

Secretary Lourdes Castro Ram irez | Septem ber 1 4, 2020

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The Adm inistration’s Prioritized Value Set

Gui uidi ding ng Princ ncipl ples for a a Uni nited d Policy A Appr pproac ach: 1 . 1 . The he stat ate s sho houl uld f d fund und to the greatest degree possible the types es

  • f ho

hous using ng uni units t that hat ar are no not be being ng pr produc duced d by by the he m ar arket. 2. 2. State financed affordable housing should be issued consi sist stent with A h Affirm at atively Fur urthe hering ng Fai air H Hous using ng Princ ncipl ples. 3. 3. The he stat ate s sho houl uld br d bring ng to be bear ar al all its r regul gulat atory and and enf nforcem ent nt po powers to i inf nflue uenc nce and m and m oni nitor zoni ning, ng, pe perm itting ng and pr and produc duction n of ho hous using ng for people of all incom e levels, but particularly m oderate and below for rental and hom eownership, in local jurisdictions.

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The Adm inistration’s Value Set (Cont.)

4.

  • 4. Across the full housing spectrum , uni

units sho houl uld be d be pr produc duced d expe pedi dient ntly and e and efficient ntly, in n ar areas as of hi high ne gh need, d, i in o n orde der to tac ackle af affordabi dability and ac and access i issue ues. 5.

  • 5. Looking

ng for solut utions ns to de decreas ase cost and and tim e, the state should incentivize units, innovations, state lands, and solut utions ns t that hat al align gn with c h co- existing ng stat ate go goal als. 6.

  • 6. Prom ote and de

and develop p a r a robus bust pr preservat ation n strat ategy gy to protect past investm ents and naturally occurring affordable housing. 7. 7. The he Stat ate financ nancing s ng system sho houl uld be d be v viewed d in n its e ent ntirety and and be d e dep eployed m ore e ef effectively.

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A Da ta - Drive n Ap p roa c h:

CA is Und e r Pe rm itting a t L

  • we r Inc om e L

e ve ls (5 th Cyc le APR Re sults)

(Includes ELI)

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A Data- Drive n Ap p roa c h:

Housing Afford a b ility Cha lle ng e s Exist in CA’s Re nta l Ma rke t

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A Da ta - Drive n Ap p roa c h:

Bla c k a nd L a tinx re nte rs a re m ost like ly to e xp e rie nc e c ost b urd e n

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Priority Goa ls – CDL AC 2021 Re g ula tions

Priority goals the Adm inistration would like to see as a result of this fram ework: 1 . E stablish truly int ntegrated, d, i inc nclus usive and nd bal balan anced l d living g pat patterns tha t offe r

  • p p ortunity a nd up wa rd m ob ility for

re sid e nts; 2. Prioritize cost c cont ntainm nm ent nt solutions tha t e na b le our p ub lic re sourc e s to stre tc h furthe r; a nd 3. Rem oval l of b barrie iers and in inclu lusio ion of n new de developm pm ent par partners, sp e c ific a lly b la c k a nd b rown d e ve lop m e nt p a rtne rs in the a fford a b le housing sp a c e .

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Goa l 1 : Inte g ra te d , Inc lusive a nd Ba la nc e d L iving Pa tte rns

  • Affir

irm ativ ively ly F Furtherin ing Fair ir Housin ing Scoring Criteria ○ Creating units of housing that stretch widely across the incom e brackets in lower incom e com m unities ○ Building m ore deeply affordable units in well- resourced areas with higher opportunities

  • Ser

ervice a and Site A e Am en enities es Linkage e to prom ote positive resident outcom es

  • Uni

nit F Focus us to I Inc ncent ntivize Inc nclus usion

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Goa l 2: Cost Conta inm e nt

  • Lower costs = m ore housing
  • HCD Pro- Housing Designation (AB 1

01 , Budget Trailer Bill 201 9/ 20 Budget Act)

  • Retaining Cost Containm ent within the

Scoring Criteria (AB 83, Budget Trailer Bill 2020/ 21 )

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01

Goa l 3: Re m oving Ba rrie rs a nd Gre a te r Inc lusion of De ve lop e rs

  • E

stablishing a new Com m uni unity Develop

  • pm ent Cor
  • rpor
  • ration
  • n /

/ Com

  • m m unity

Bas ased d Organ ganizat ation P Pool

  • Modifying the

e Dev evel eloper E Exper erien ence Crit iteria ia to b e m ore inc lusive

  • Ad d ing General

al Man anage agem ent an and d Part rtners rship C Cri riteri ria to p rom ote susta ina b le a nd e q uita b le p a rtne rship s a re form e d

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01 1

Re g ula tory Note s for Consid e ra tion

  • Add definitions related to new criteria proposed by Adm inistration and

Working Group

  • Add a new threshold requirem ent related to Developer E

xperience

  • E

valuate TCAC regulations language and term inology for unintended consequences and im pact prior to m irroring in CDLAC

  • E

valuate a higher Developer Fee Lim it for sm aller and new developers to support inclusion

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01 2

Ne xt Ste p s

  • Support State Treasurer in

com pletion of the CDLAC Regulations

  • Partner on next phase of strategic

discussions and actions to im prove delivery of housing resources across the full state system

  • GARE

Training & Im plem entation of Racial E quity Tool