City Council Meeting
February 15, 2022
PROPOSED STATE LEGISLATION TO
CREATE THE BURBANK GLENDALE
PASADENA REGIONAL HOUSING TRUST
AFFORDABLE HOUSING STRATEGY
Continued Efforts to Create Affordable
Housing In the Community
City Council Affordable Housing Strategy
and Goal = 12,000 units by 2035
Fair Share of State Mandated Requirement =
8,772 in the next 8 years
Includes Units for Extremely Low, Very-Low
and Lower-Income Households
To address the citywide jobs to housing
imbalance of 3:1
2,000 units in the pipeline in Burbank; 525
affordable to lower-income households
FUNDING SOURCES
Administered by a Joint Powers
Authority (JPA)
Another Funding Mechanism is a
Regional Housing Trust
Continued Search for Local, State
and Federal Funds
PROPOSED REGIONAL HOUSING TRUST
Help Finance Affordable Housing Projects for
persons and families of Extremely-Low, Very Low,
Low and Moderate-Income
Opportunity to Partner with the Cities of Glendale
and Pasadena on a Proposed Regional Housing
Trust for the Tri-City Area
3. Joint Powers Agreement – Specifies the manner
by which the joint powers authority will be
governed. The agreement will include Burbank’s
housing goals and priorities for the proposed trust
HOW IT WORKS
1. Proposed State Legislation – Provides the
Authority for the creation of the Regional Housing
Trust a Joint Powers Authority
2. Joint Powers Authority – Two or more public
entities exercise a power common to the
contracting parties through a Joint Powers
Agreement
FUTURE JOINT POWERS AUTHORITY
Burbank Goals and Priorities - Addressed in a Joint Powers Agreement
Negotiation points for the Joint Powers Agreement to include but not limited to:
Self-Sufficiency of Regional Housing Trust
Fair Share of Funds to each City
Criteria for Distributing Funds
Program Management and Staffing
Dissolution Process and Other Legal Requirements
JPA Purpose: Funding Housing Specifically
assisting Extremely -Low, Very-Low, Low and
Moderate -income persons and families in
the tri -city area
NEXT STEPS
Proposed Bill
February 19, 2022: Deadline to Introduce Proposed Bill
If the proposed bill is passed this legislative year, and the Governor signs, the law takes effect January 1, 2023
Budget Request
February – March 2022: Senator Proposes an Appropriation Request Information on a budget appropriation to the proposed trust would not be available until at least June 2022
RECOMMENDATION
1. Support Proposed State Legislation to create the Burbank Glendale PasadenaRegional Housing Trust, a Joint Powers Authority, and authorize staff to work with the office of State Senator Anthony J. Portantino on the proposed legislation; and
2. Support a State budget funding request to provide initial funding for the Burbank Glendale Pasadena Regional Housing Trust