Agenda Item 5.1
Correspondence Received Exhibit
Corona Manufactured Home Owners
RSO presentation
Manufactured Homes are Essential to Corona’s
Economy
1. Manufactured home parks are neighborhoods of Corona, just like any other neighborhood. Mobile home owners in parks pay taxes on their property just like any other home owners in Corona. Corona cannot afford to enable homelessness for its tax-paying citizens, who currently contribute $1,371,800. annually to the city.
2. Corona only identifies 1,824. affordable housing units and fails to include manufactured homes in their inventory. If Corona includes manufactured homes in their inventory, that equals 3,268. total homes meeting the state definition of "affordable housing". Manufactured homes represent 44.2 % of all Corona's affordable housing.
3. Manufactured home owners pay average property taxes to the tune of 950.00 dollars annually. When rents go up, the value of the homes goes down.
When rents go up the 1444 park resident’s discretionary spending money decreases, impacting the local economy.
4. Corona is currentley failing to meet the state mandate of affordable housing projections. Adding the 44.2% of mobile homes will help to meet the mandate, but at the current rate of lot rent increases, they are eroding the affordability factor. City council members are obligated not just to increase affordable housing, but to preserve existing affordability.
A
How unstable rent increases in mobile home
parks impact Corona’s local economy
5. As lot rents increase, without imposing a rent stabilization ordinance now, 1444 park residents are at risk of homelessness. As the rent increase, more home owners must seek social services, increasing the local burden.
6. Every time park owners increase lot rents, home owner’s discretionary income decreases that means over 1444 park residents in Corona can no longer afford to support the local economy by going to restaurants shops, entertainment, and so forth.
7. Most of manufactured park owners in Corona are non-local, multi million-dollar corporations taking the money out of Corona, to benefit stock holders and principals. Not even one park owner is a member of the Corona Chamber of Commerce. Not even one of the 14 park owners lives in Corona.
8. By the city council not adopting an RSO, they are choosing to support 14 non-local multi millionaires instead of supporting 1444 voting citizens, who helped get them elected.
B
Five Years unregulated Rent Increases in Corona Parks
The Cost of Denial
• 9. In the past five years, since the City Council of Corona first refused to enact a Rent Stabilization Ordinance, the level of rent increase has become unsustainably unstable. 2020 Base rent $ 1,266.40
Rent Increases
2021 $ 56.99 = 4.3 % = 1,323.47
2022 $ 66.17 = 4.76 % = 1,389.64
2023 $ 108.3 = 7.25 % = 1,498.03
2024 $ 74.90 = 4.75 % = 1,572.93
2025 $ 78.64 = 4.75 % =1,651.57
Total $ 385.00 Increases. This represents a significant amount well beyond 50 % of the CPI C
A GOOD RSO
• Defines limits on annual increases to protect the home owner, providing the park owner a fair return. • A good RSO pays for itself, through a reasonable monthly administration $ 5.00 dollar fee ($5.00 x 12 mos. X 1444 = $ 86,640. annually ) • Limits increases to 50% of the annual CPI
• Utilizes the state hearings court when necessary
• Allows for Fair Return petitions (park owner funded)
• Allows for park home owner’s Reduction in Rent for Reduction in Services petition • Disallows pass-throughs without home owner majority approval • Allows 5% lot rent increase upon home sale
Dozens of municipalities across the state have adopted standard RSOS such is this that have withstood court challenges for decades D 1,444 Corona Citizens are asking the City Council to Hear From A Qualified And Highly Experienced Expert Park Resident’s Advocate and Legal Counsel
• Park Residents are asking the City Council to listen to a presentation by their advocate, attorney Bruce Stanton. • Bruce, who received his law degree from Pepperdine School of Law, has been practicing since 1982. • Bruce has authored manuals about manufactured rent stabilization (RSOs), and has collaborated in creating RSOs for multiple municipalities.
• Bruce has assisted City Attorneys and other City and County officials to write, pass, and amend RSOs in a number of jurisdictions throughout California.
• Bruce has represented mobile home residents in 40 administrative hearings for Fair return Petitions. • Bruce has argued legal cases in many courts of appeal throughout California, and helped author a brief to the U.S. Supreme Court in 1992 on manufactured rent stabilization issues.
• Park residents will pay for Bruce's time for his presentation to the City Council-- it will be at no cost to the City.
E