HomeMy WebLinkAboutStaff Report 7326
City of Palo Alto (ID # 7326)
City Council Staff Report
Report Type: Study Session Meeting Date: 10/24/2016
City of Palo Alto Page 1
Summary Title: Partner Presentation/Study Session with Palo Alto Housing
Title: Partner Presentation and Discussion With Palo Alto Housing
Corporation
From: City Manager
Lead Department: Planning and Community Environment
Recommendation
This is a study session and no action is recommended.
Executive Summary
Palo Alto Housing (PAH), a non-profit housing developer, has been a long-term partner of the
City, developing and managing below market rate (BMR) housing units in Palo Alto and adjacent
communities for over 40 years.
This evening’s study session will provide representatives of Palo Alto Housing with an
opportunity to update the City Council on their ongoing activities and to discuss goals and
objectives related to the development of additional BMR units.
Background
Palo Alto Housing currently administers the City’s BMR housing program, which includes the
management of 237 BMR ownership units and 250 BMR rental units for the City of Palo Alto
under a contract exectuted in June 2015. Palo Alto Housing also manages over 20 affordable
rental projects in Palo Alto. PAH provides information to interested persons about the BMR
programs, maintains a waiting list of eligible households, pre-qualifies potential loan applicants
for the BMR ownership units and certifies tenant incomes for the rental program. In addition
PAH provides consultation to City staff on implementing changes resulting from evaluations of
the BMR program.
Environmental Review
No action will be taken and therefore no environmental review is required.
Attachments:
Attachment A: PAH Summary 102416 for Council (PDF)
City Council
Study Session
10/24/16
Our Mission
•A private, non-profit organization founded in 1970 with the assistance
of the Council members and community leaders
•PAH has acquired/developed over 700 units since its inception
•To create stronger, more diverse communities
•To provide and maintain high-quality affordable housing and programs
for individuals and families
Who we are
BOARD
•MICHAEL J. ANDERSON
•JEAN S. DAWES
•DAVID EASTON
•DALE DENSON
•MARK MORAGNE
•JEAN MCCOWN
•THOMAS B. JACOB
•MARGARET "SANDY" SLOAN
•JESSIE WOODYARD
•HELENE S. WHEELER
•JOSEPH F. MARTIGNETTI, JR
•ELIZABETH RATNER
•MILA ZELKHA
•ALEX RUSOFF
•BONNIE PACKER
•SHERYL KLEIN
•RONALD HALL
•Program management partner since inception of the
BMR program in 1974 with the City of Palo Alto
•250 Rental units, serving low to moderate income levels
(50-80% AMI)
•237 Ownership units, serving moderate income levels
(80-120% AMI)
•Current waiting list is 10-15 years; no additional units
since 2008
Below Market Rate Administration
Property Management
•Own & operate all our properties
•Serve over 2,000 residents
•Vacancy rate less than 0.5%
•Education and Wellness Programs for all age groups including
job coaching, fitness and nutrition programs and after-school
homework clubs.
Resident Services
•Community relations
•Site acquisition
•Site planning
•Entitlements and permits
•Project management
•Focus on green building
Development
•Mountain View - construction
67 units (30 for veterans)
•Redwood City - proposed
60 units
•Palo Alto – Colorado Park rehab
60 multi-family apartments
Current Projects
•The most vulnerable in our community
•Applicants who live or work in Palo Alto and are part of our community
•June 2016 - over 500 applications received in 1 day for the waitlist at
Sheridan Apartments for seniors and/or disabled; 50+ people camped out
overnight to receive an application. The local housing crisis is real.
Who do we serve
Cherryl
Artist, former Admin Assistant
She waited 6 years on the waitlist
before moving into her apartment.
Residents
Lorena
She recently earned a Masters degree in Special
Education from UC Santa Cruz.
Lorena supports her daughter who received her
undergraduate degree at the same time and
attended PAH resident service education
programs year after year.