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6-1
TO:
FROM:
CITY OF~ MIRAG~
~ ~
STAFF REPORT
Hon. Chair & Members of the Housing Authority Board
Marcus J. Aleman II, Housing Manager
DATE: April 20, 2023
SUBJECT: Approval of Fiscal Year 2023 -2024 (July 1, 2023 to June 30, 2024) Rent Levels -Parkview Villas, San Jacinto Villas, Santa Rosa Villas, and Whispering Waters Age-Restricted Residential Complexes
SPECIFIC REQUEST OR RECOMMENDATION
That the Housing Authority Board of Directors approve the Fiscal Year 2023-2024 rent levels for Parkview Villas, San Jacinto Villas, Santa Rosa Villas, and Whispering Waters Age-Restricted Residential Complexes.
JUSTIFICATION OR INFORMATION
Background
Annual Rent Recertification
The Rancho Mirage Housing Authority owns and operates four affordable age restricted (55+) residential rental properties. The four Housing Authority (HA) owned properties are Parkview Villas (PV) an 82 -unit property purchased by the HA in December 1989, San Jacinto Villas (SJV) an 83 -unit property constructed and opened by the HA in 2011, Santa Rosa Villas (SRV) a 34- unit property constructed and opened by the HA in 2006, and Whispering Waters (WW), a 30- unit property that the HA assumed ownership of in July 2004. Combined, the HA provides a total of 229 affordable housing units.
Adhering to HUD affordable housing guidelines, the monthly rent paid by each household at these properties is established after an annual review of the household's previous year's annual total gross income. Each household's rent is established using the same formula, which is simply to calculate 30 percent of the household's total prior year annual gross income. The certification is done to confirm that residents remain eligible for affordable housing. State Income Limits established by the Department of Housing and Community Development for Riverside County help determine residents' eligibility. ·
The annual income certification was recently completed by the Housing Authority's property management company, Hyder & Company, and Housing Authority staff, and identifies the proposed rents for FY 2023/2024. Rent calculations are rounded up to the next whole dollar.
AGENDA ITEM#
6-2
DATE: April 20, 2023
Rent Recertification
JUSTIFICATION OR INFORMATION CONTINUED:
Housing Commission Review:
The Housing Commission considered the proposed rents for FY 2023 -2024 (July 1, 2023 - June 30, 2024) at the Housing Commission's Special Meeting scheduled April 12, 2023. The meeting is designated as a 'Special Meeting' due to it being conducted outside of its regular scheduled meeting dates. The Special Meeting was duly noticed. Staff presented a summary of the annual rent recertification process and invited the public to testify.
No public testimony was given. At the close of public comment, the Housing Commission requested that staff revise the property rent level spreadsheets by removing the unit number to provide the residing tenant more discretion and detail the pay breakdown for Section 8 tenants to give the concise rent total the tenant will pay. The attached exhibits reflect these changes.
The following motion was made :
MOVED/SECONDED BY BERGSTEIN/GENESEN TO RECOMMEND THE HOUSING AUTHORITY BOARD OF DIRECTORS RECEIVE AND APPROVE THE FISCAL YEAR 2023 -2024 . (JULY 1, 2023 -JUNE 30, 2024) RENT LEVELS WITH CHANGES TO THE SPREADSHEET EXHIBTS. A ROLL CALL VOTE WAS TAKEN AND MOTION CARRIED 4/0.
ATTACHMENTlS):
1. Housing Commission Staff Report
2. Draft Housing Commission Minutes dated April 12, 2023
3. Parkview Villas FY 2023 -2024 Rent Levels
4. San Jacinto Villas FY 2023 -2024 Rent Levels
5. Santa Rosa Villas FY 2023 -2024 Rent Levels
6. Whispering Waters FY 2023 -2024 Rent Levels
AGENDA ITEM#
6-3
Attachment 1
Housing Commission Staff
Report
(See Attached)
6-4
CITY OF~ MIRAG~
~ ~
STAFF REPORT
TO: Hon . Chair Mulvihill DATE: April 12, 2023
Members of the Housing Commission
FROM: Marcus J . Aleman II, Housing Manager
SUBJECT: Recommendation for approval of Fiscal Year 2023 -2024 (July 1, 2023 to June 30, 2024) Rent Levels -Parkview Villas, San Jacinto Villas, Santa Rosa Villas, and Whispering Waters Age-Restricted Residential Complexes SPECIFIC REQUEST OR RECOMMENDATION:
That the Housing Commission receive and recommend approval to the Housing Authority Board of Directors the Fiscal Year (FY) 2023 -2024 rent levels.
INFORMATION:
Parkview Villas (PV) was purchased by the Housing Authority (HA) in December 1989 and is an 82-unit affordable age-restricted (55+) residential rental project. San Jacinto Villas (SJV) is an 83-unit affordable age-restricted (55+) residential rental project that was constructed and opened by the Housing Authority in 2011. Santa Rosa Villas (SRV) is a 34-unit affordable age-restricted (55+) residential rental project that was constructed and opened by the Housing Authority in 2006. The Housing Authority assumed ownership of Whispering Waters {WW), a 30 -unit affordable age-restricted (55+) residential rental project, in July 2004.
Adhering to HUD affordable housing guidelines, the monthly rent paid by each household at these properties is established after an annual review of the household's previous year's annual total gross income . Each household's rent is established using the same formula, which is simply to calculate 30 percent of the household's total prior year annual gross income. The certification is done to confirm that residents remain eligible for affordable housing . State Income Limits established by the Department of Housing and Community Development for Riverside County help determine residents' eligibility. Please see the table below.
Number of Person in Household
Income Category
1 2 3 4 5
Acutely Low $9,150 $10,500 $11,800 $13,100 $14;150
Extremely Low $18,500 $21,150 $23,800 $27,750 $32,470
Very Low $30,800 $35,200 $39,600 $44,000 $47,550
Low $49,300 $56,350 $63,400 $70,400 $76,050
Median $61,200 $69,900 $78,650 $87,400 $94,400
Moderate $73,450 $83,900 $94,400 $104,900 $113,300
6-5
DATE: April 12, 2023 Page 2 of 2
JUST I FICATI ON OR INFORMATION CONTINUED:
The annual income certificat ion was recently comp leted by the Housing Authority 's property management company, Hyder & Company, and Housing Authority staff, and identifies the proposed rents for FY 2023/2024 . Rent ca lcu lations are rounded up to the next who le do ll ar.
P lease see below for the breakdown of current affordable income househo lds at a ll four properties .
Parkview Villas San J;,1cinto Villas
Acute l y Low 1 1% Acute l y Low 0 0%
Extreme l y Low 33 40% Extreme l y Low 10 12%
Very Low 34 41% Very Low 48 58%
Low 7 9% Low 20 24%
Median 0 0% Median 2 2%
Moderate 0 0% Moderate 1 1%
Vacant 6 7% Vacant 1 1%
Manager Unit 1 1% Manager Unit 1 1%
Total: 82 Total: 83
Santa Rosa Villas Whispering Waters
Acute ly Low 1 Acute ly Low 0 0%
Extreme ly Low 5 15% Extreme ly Low 13 43%
Very Low 15 44% Very Low 9 30%
Low 9 26% Low 5 17%
Median 2 6% Median 0 0%
Moderate 0 0% Moderate 0 0%
Vacant 1 3% Vacant 2 7%
Manager Unit 1 3% Manager Unit 1 3%
Total: 34 Total: 30
In 2003, City Counci l approved a prescription rent cred it program to benefit residents of the Housing Authority owned properties . The program covers out-of-pocket medical expenses for the prior year for which the household receives no reimbursement. Prescription Rent Cred its are applied to the upcoming FY and .are capped at $100 per month per househo ld ; but when app lied , cannot bring the rent be low the estab lished rent min imums .
For the identification of current and proposed rents and the impact of the Prescription Rent Cred it program, refer to the attached spreadsheets for the proposed FY 2023 -2024 rent leve ls .
Staff recommends that the Housing Commission rece ive and recommend approva l of the househo ld rent leve ls for these Hous ing Authority owned properties for FY 2023-2024.
ATT ACHMENT(S}:
1. Parkv iew Vi ll as FY 2023 -2024 Rent Levels
2 . San Jacinto Vi ll as FY 2023 -2024 Rent Levels
3 . Santa Rosa Vi ll as FY 2023 -2024 Rent Leve ls
4 . Whispering Waters FY 2023 -2024 Rent Leve ls
6-6
Attachment 2
Draft Housing Commission Meeting Minutes
(See Attached)
6-7
~. CITY OF RANCHO MIRAGE
HOUSING COMMISSION SPECIAL MEETING
Wednesday, April 12, 2023 -11 :00 A.M.
City of Rancho Mirage
City Hall -Council Chamber
69-825 Highway 111
Rancho Mirage, CA 92270
DRAFT MINUTES
CALL TO ORDER-The meeting was called to order at 11 :02 a.m.
Roll Call: Bergstein, Bundy, Coombs, Genesen, Mulvihill, Newton.
PRESENT: Chair Mulvihill, Vice Chair Bergstein, Commissioner Newton, Commissioner Genesen .
ABSENT: Commissioner Bundy, Commissioner Coombs.
Chair Mulvihill requested a motion to excuse Commissioners Bundy and Coombs from the meeting. ·
MOVED/SECONDED BY BERGSTEIN/GENESEN TO EXCUSE THE ABSENCES OF COMMISSIONERS BUNDY AND COOMBS. MOTION CARRIED 4/0.
COMMISSIONER COMMENTS
Vice Chair Bergstein requested that meeting agendas include a section for "Approval of the Agenda" in case there was something a Commissioner wanted to pull from an agenda.
Marcus Aleman, Housing Manager, replied that he would research Vice-Chair Bergstein's request and report back to the Commission.
Commissioner Newton asked if he was excused from the previous meeting, as he was out due to COVID.
Deanna Mendoza, Recording Secretary, confirmed that the Commissioners were informed that Commissioner Newton's absence was due to an illness.
NON-AGENDA PUBLIC COMMENT -None
APPROVAL OF MINUTES -March 8, 2023, Special Meeting
DRAFT 04/12/2023 Housing Commission Special Meeting Minutes Page 1 of 4
6-8
Vice Chair Bergstein noted that he had corrections to the minutes and commented that it was critically important that meeting minutes accurately reflect what transpired at the meetings .
Mr. Aleman and Mrs. Mendoza listed the corrections that Vice Chair Bergstein requested be made to the March 8, 2023 Housing Commission meeting minutes.
Vice Chair Bergstein commented he would like the opportunity to review the revised March 8th · Special Meeting minutes prior to approval.
MOVED BY BERGSTEIN TO TABLE APPROVAL OF THE MARCH 8, 2023 SPECIAL
HOUSING COMMISSION MEETING MINUTES UNTIL THE COMMISSION HAD A CHANCE TO REVIEW THE REVISED DOCUMENT.
Commissioner Newton commented that he did not agree with the motion and would rather approve the minutes with the recommended changes.
Vice Chair Bergstein commented that he would be unable to vote on approval of the March 8th minutes until he reviewed the changes.
Mr. Aleman requested a brief recess to obtain clarification on how to handle the motion/vote.
The meeting was reconvened at 11 :31 a.m.
Mr. Aleman reported that the Commission could hold off on approving the minutes until they were revised.
MOVED/SECONDED BY GENESEN/NEWTON TO TABLE APPROVAL OF THE MARCH 8, 2023 SPECIAL MEETING MINUTES TO THE NEXT SCHEDULED MEETING. MOTION CARRIED 4/0.
DISCUSSION / ACTION ITEM
Recommendation for approval of Fiscal Year 2023 -2024 (July 1, 2023 -June 30, 2024) rent levels -Parkview Villas, San Jacinto Villas, Santa Rosa Villas, and Whispering Waters Age - Restricted Residential Complexes.
Marcus Aleman, Housing Manager, presented the Fiscal Year 2023 -2024 (July 1, 2023 -June 30, 2024) rent levels -Parkview Villas, San Jacinto Villas, Santa Rosa Villas, and Whispering Waters Age-Restricted Residential Complexes staff report .
COMMISSIONER COMMENTS
Vice Chair Bergstein asked when the new rates would go into effect.
Mr . Aleman replied that, if approved, the new rents would be effective June 1, 2023.
Commissioner Newton commented on the rent recertification process.
Vice Chair Bergstein requested clarification on the CPI.
DRAFT 04/12/2023 Housing Commission Special Meeting Minutes Page 2 of 4
6-9
Mr. Aleman replied CPI referred to the entire portion.
Vice Chair Bergstein asked how the City determined whether residents were income-qualified.
Mr. Aleman explained the income eligibility process.
Commissioner Newton inquired about the different income categories.
Mr. Aleman explained that income limits were established by the State for the County of Riverside.
Commissioner Newton inquired about the Section 8 program.
Mr. Aleman provided a brief overview of the Section 8 program, noting staff could add a Section 8 column to the worksheet including breakdown of the rent proportions .
MOVED/SECONDED BY GENESEN/NEWTON THAT STAFF ADD A COLUMN ON THE ATTACHED EXHIBITS SHOWING SECTION 8 INFORMATION. MOTION CARRIED 4/0.
Vice Chair Bergstein asked if a tenant could request recertification at any time or only on the anniversary date.
Mr. Aleman confirmed that a resident could request one rent recertification per year, in the event that there was a negative impact on income.
Vice Chair Bergstein commented he did not believe adequate time was given to review the exhibits and requested additional review time.
Mr. Aleman explained that, due to the confidentiality in the information being provided in the rent recertifications , staff does not distribute the materials until the day of the meeting.
Commissioner Newton suggested removing the unit numbers from the worksheets in order to provide greater confidentiality.
Mr. Aleman noted the suggestion to remove the unit numbers .
MOVED/SECONDED BY NEWTON/GENESEN TO REMOVE THE UNIT NUMBERS FROM THE REPORTS. MOTION 'CARRIED 4/0.
Commissioner Genesen inquired about the medical credit.
Mr. Aleman explained that in 2003 the City approved a medical credit program to help offset the cost of rent.
MOVED/SECONDED BY BERGSTEIN/GENESEN TO RECOMMEND THAT THE CITY COUNCIL APPROVE THE FISCAL YEAR 2023-2024 RENT RECERTIFICATIONS. MOTION CARRIED 4/0.
DRAFT 04/12/2023 Housing Commission Special Meeting Minutes Page 3 of 4
6-10
1. Status of Affordable Housing Tax Credit Presentation Marcus Aleman, Housing Manager, provided an update on the status of an Affordable Housing Tax Credits presentation. He reported he had been in contact with a few affordable housing developers from Lift to Rise, and they would love to do a presentation on the tax credit program.
He added that staff would coordinate scheduling them to provide a presentation to the Commission.
ADJOURNMENT -11 :59 a.m.
Date Approved by Commission:
Deanna Mendoza, Recording Secretary
DRAFT 04/12/2023 Housing Commission Special Meeting Minutes Page 4 of 4
6-11
Attachment 3
Parkview Villas
FY 2023 -2024 Rent Levels
(See Attached)
6-12
PARKVIEW VILLAS
FY 2023 -2024 Monthly Rents
Minimum Base Rents:
1 Bedroom: $429.00
2 Bedroom: $464.00
Please Note: Utility charges included in Rent
Unit Income FY 2022 -2023 Medical
Type Level Monthly Rent Credit
1 BR Extremely Low $394 $ -
1 BR Very Low $566 $ -
1 BR Extremely Low $434 $ -
1 BR Low $449 $ -
1 BR VACANT VACANT $ -
1 BR Low VACANT $ -
1 BR Very Low VACANT $ -
1 BR VACANT VACANT $ -
1 BR Extremely Low $434 $ -
1 BR Low $1,297 $ -
1 BR Extremely Low $434 $ -
1 BR* Extremely Low $400 $ -
1 BR Extremely Low $325 $ -
1 BR Very Low $630 $ (3t15)
1 BR Very Low $610 $ -
1 BR Extremely Low $459 $ (17 .13)
1 BR Extremely Low $466 $ -
1 BR * Extremely Low $400 $ -
1 BR Low $961 $ -
1 BR Extremely Low $434 $ -
1 BR Very Low $608 $ (67.98)
1 BR Extremely Low $434 $ -
1 BR Very Low $562 $ -
1 BR Extremely Low $434 $ -
1 BR Extremely Low $480 $ (2.50)
1 BR Manager Unit 0 $ -
1 BR Very Low $683 $ -
1 BR Very Low $547 $ (2.08)
FY 2023 -2024
Monthly Rent
$469
$525
$0
$891
VACANT
$833
$519
VACANT
$469
$1,045
$469
$400
$457
$735
$584
$473
$505
-
$400
$925
$469
$590
$469
$607
$469
$503
$0
$696
$628
6-13
Unit Income FY 2022 -2023 Medical FY 2023 -2024
Type Level Monthly Rent Credit Monthly Rent
1 BR* Extremely Low $365 $ -$365
1 BR Extremely Low $434 $ -$434
1 BR* Very Low $375 $ -$375
1 BR Very Low $979 $ -$609
1 BR Extremely Low $434 $ -$469
1 BR Extremely Low $434 $ -$469
1 BR Very Low $447 $ -$591
1 BR Extreme ly Low $434 $ -$469
1 BR Extremely Low $434 $ -$469
1 BR Very Low $576 $ (17.77) $584
1 BR Extremely Low $434 $ -$434
1 BR Extremely Low $434 $ -$469
2 BR Extremely Low $466 $ -$504
2 BR Extremely Low $466 $ -$504
2 BR Very Low $624 $ (18.13) $666
2 BR Very Low $577 $ (100 .00) $633
2 BR Very Low $467 $ -$514
2 BR Very Low $597 $ -$641
2 BR VACANT VACANT $ -VACANT
2 BR VACANT $466 $ -VACANT
2 BR Low $1,363 $ -$1,443
2 BR Very Low $494 $ (0.98) $532
2 BR Very Low $600 $ -$649
2 BR Very Low $530 $ -$742
2 BR Low $886 $ (100 .00 ) $1,084
2 BR Very Low $468 $ -$625
2 BR Very Low $593 $ (37.08) $605
2 BR Very Low $713 $ -$770
2 BR Very Low $507 $ -$548
2 BR Extremely Low $1,276 $ -$504
2 BR Extremely Low $466 $ -$466
2 BR VACANT VACANT $ -VACANT
6-14
Unit Income FY 2022 -2023 Medical FY 2023 -2024
Type Level Monthly Rent Credit Monthly Rent
2 BR Very Low $466 $ -$528
2BR. Low $969 $ -$1,027
2 BR* Extremely Low $365 $ -$365
2 BR Very Low $797 $ -$808
2 BR VACANT $466 $ -VACANT
2 BR Very Low $800 $ (100.00) $768
2 BR Very Low $660 $ (6.93) $758
2 BR Very Low $472 $ -$509
2 BR* Extremely Low $350 $ -$350
2 BR Very Low $546 $ -$625
Section 8 Voucher Program
Hou s ing As sistance Payment (HAP) Eligible Units
Unit Income FY 2022 -2023 Medical FY 2023 -2024 Section 8 Tenant Type Level Monthly Rent Credit Monthly Rent HAP Pi!yment 1 BR Very Low $1,040 $ -$1,040 $585 $455
1 BR Acutely Low $1,240 $ -$1,240 $964 $276
1 BR Very Low $540 $ -$1,480 $909 $571
1 BR Extremely Low $1,040 $ -$1,040 $773 $267
1 BR Extremely Low $1,040 $ -$1,040 $813 $227
1 BR Very Low $643 $ -$1,480 $954 $526
\
2 BR Extremely Low $1,240 $ -$1,240 $954 $286
2 BR Extremely Low $1,240 $ -$1,240 $803 $437
2 BR Very Low $1,240 $ -$1,240 $706 $534
1 BR Very Low · $1,040 $ -$1,040 $622 $418
1 BR Extremely Low $439 $ -$1,040 $616 $424
1 BR Extremely Low $1,040 $ -$1,040 $748 $292
FY 2022 -2023 Medical FY 2023 -2024 Section 8 Section 8 Monthly Rent Credit Monthly Rent HAP Total Tenant
Total Total Pay Total
TOTALS
$47,453 .00 -$502.73 $51,195.00 $9,447.00 $4,713.00
*Grandfathered Resident I No Base Rent Increase
6-15
Attachment 4
San Jacinto Villas
FY 2023 -2024 Rent levels
(See Attached)
6-16
SAN JACINTO VILLAS
FY 2023 -2024 Monthly Rents
Minimum Base Rents:
1 Bedroom : $674.00
2 Bedroom: $708.00
Please Note: Utility charges included in Monthly Rent
Unit Income FY 2022-2023 Monthly RX FY 2023 -2024
Type Level Monthly Rent Credit Monthly Rent
1 BR Very Low $691 $ -$747
1 BR Low $983 $ (100.00) $1,004
1 BR Extremely Low $673 $ -$727
1 BR Very Low $928 $ (99.28) . $962
1 BR Low $673 $ -$910
1 BR Low $868 $ (100.00) $849
1 BR Low $726 $ (12.90) $847
1 BR Low $756 $ (100.00) $828
1 BR Very Low $673 $ -$727
1 BR Extremely Low $673 $ -$727
1 BR Extremely Low $673 $ -$674
1 BR Very Low $673 $ -$727
1 BR Very Low $677 $ (100 .00) $728
1 BR Very Low $673 $ -$727
1 BR Very Low $631 $ -$727
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ (70.62) $727
1 BR Low $687 $ (100 .00) $751
1 BR Very Low $673 $ -$727
1 BR Extremely Low $704 $ -$761
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$727
1 BR Extremely Low $673 $ -$727
1 BR Low $1,178 $ (74 .70) $1,170
1 BR Very Low $673 $ -$727
1 BR Low $855 $ -$925
1 BR Very Low $673 $ (33.10) $727
1 BR Very Low $673 $ -$727
1 BR VACANT $673 $ -VACANT
1 BR Very Low $697 $ -$753
1 BR Low $896 $ -$851
6-17
Unit Income FY 2022-2023 Monthly RX FY 2023 -2024
Type Level Monthly Rent Credit Monthly Rent
1 BR Very Low $778 $ -$873
1 BR Very Low $673 $ (76.04) $733
1 BR Low VACANT $ (51.52) $877
1 BR Extremely Low $673 $ -$727
1 BR Low $744 $ (100.00) $809
1 BR Very Low $673 $ (63.07) $727
1 BR Very Low $677 $ -$673
1 BR Extremely Low $673 $ -$727
1 BR Low $725 $ (100.00) $766
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$732
1 BR Low $826 $ (100.00) $824
1 BR Low $673 $ (100.00) $751
1 BR Low $1,154 $ -$1,227
1 BR Very Low $812 $ -$727
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$673
1 BR Very Low $673 $ -$727
1 BR Very Low $673 $ -$727
2 BR Very Low $704 $ (32 .67) $761
2 BR Very Low $714 $ -$771
2 BR Very Low $800 $ (15 .32) $849
2 BR Low $804 $ (100.00) $838
2 BR Low $1,026 $ (100.00) $1,110
2 BR Median $1,461 $ -$1,582
2 BR Low $1,030 $ (14.75) $1,153
2 BR Very Low $839 $ -$907
2 BR Very Low $714 $ -$771
2 BR Very Low $714 $ -$896
2 BR Very Low $736 $ -$762
2 BR Extremely Low $704 $ -$761
2 BR Moderate $704 $ -$1,858
2 BR Very Low $704 $ -$761
2 BR Median $1,345 $ -$1,473
2 BR Extremely Low $714 $ -$771
2 BR Very Low $859 $ -$915
2 BR Low $986 $ (31.30) $1,070
2 BR Very Low $704 $ -$771
2 BR Low , $809 $ (100.00) $884
2 BR Very Low $704 $ -$761
2 BR Very Low $1,252 $ (37.83) $761
6-18
Unit Income FY 2022 -2023 Monthly RX FY 2023 -2024
Type Level Monthly Rent Credit Monthly Rent
2 BR Very Low $752 $ (22.23) $812
2 BR Very Low $990 $ -$761
2 BR Very Low $823 $ -$771
2 BR Very Low $704 $ -$761
2 BR Extremely Low $704 $ -$761
2 BR Very Low $704 $ -$761
Section 8 Voucher Program
Hou s ing Assist ance Payment (HAP) Eligible Unit s
Unit Income FY 2022 -2023 Medical FY 2023 -2024 Section 8 Tenant Type Level Monthly Rent Credit Monthly Rent HAP Payment 1 BR Very Low $673 $ -$1,553 $1,122 $431
1 BR Very Low $1,001 $ -$1,053 $596 $457
FY 2022 -2023 Med i cal FY 2023 -2024 Section 8 Sect i on 8 Monthly Rent Cred it Monthly Rent HAP Total Tenant
Totals Total Total Pay Total
$62,561 -$1,835.33 $68,292 $1,718 $888
6-19
Attachment 5
Santa Rosa Villas
FY 2023 -2024 Rent Levels
(See Attached)
6-20
SANTA ROSA VILLAS
FY 2023 -2024 Monthly Rents
· Minimum Base Rent: $659.00
Please Note: All units 2 bedrooms
Utility charges included in Monthly Rent
Income FY 2022 -2023 Medical
Level Monthly Rent Credit
Very Low $705 $ (37.05)
Low $986 $ (100.00)
Low $693 $ (62.97)
Very Low $661 $ -
Low $734 $ -
Very Low $677 $ -
Low $669 $ -
Low $671 $ -
VACANT $661 $ -
Extremely Low $661 $ -
Median $1,636 $ -
Very Low $661 $ (21.97)
Very Low $769 $ (100.00)
Very Low $661 $ -
Acutely Low $661 $ -
Office $0 $ -
Manager $0 $ -
Very Low $661 $ -
Low $992 $ (100.00)
Extremely Low $661 $ -
Low $718 $ (100.00)
Very Low Vacant $ -
Very Low $823 $ -
Low $718 $ (100.00)
Very Low $661 $ -
Extremely Low $661 $ -
Very Low $704 $ -
Very Low $692 $ (63.84)
Very Low $695 $ -
Low $767 $ (10.42)
FY 2023 -2024
Monthly Rent
$758
$1,073
$776
$714
$1,094
$755
$1,267
$1,383
VACANT
$661
$1,704
$714
$730
$714
$714
$0
$0
$714
$916
$714
$771
$724
$898
$1,161
$714
$661
$761
$720
$695
$820
6-21
Income FY 2022 -2023 Medical FY 2023 -2024
Level Monthly Rent Credit Monthly Rent
Median $1,457 $ -$1,502
Very Low $661 $ -$714
Section 8 Voucher Program
Housing As si s tan c e Payment (HAP) Eligible Unit s
Income FY 2022 -2023 Medical FY 2023 -2024 Section 8 Tenant Level Monthly Rent Credit Monthly Rent HAP Payment
Extremely Low $1,255 $ -$1,255 $986 $269
Very Low $661 $ -$1,555 $1,059 $496
Extremely Low $1,255 $ -$1 ,255 $764 $491
FY 2022 -2023 Medical FY 2023 -2024 Section 8
Section 8
Month l y Rent Monthly Rent Tenant
Totals Total
Credit Total
HAP Total Pay Total
$25,548 -$696.25 $29,607 $2,809 $1,256
6-22
Attachment 6
Whispering Waters
FY 2023 -2024 Rent Levels
(See Attached)
6-23
WHISPERING WATER S
FY 2023 -2024 Monthly Rents
Min i mum Base Rent: $395 .00
Please Note: All units are 1 bedroom I Utility charges included in Monthly Rent Income FY 2022 -2023 Medical FY 2023 -2024
Level Monthly Rent Credit Monthly Rent
Low $748 $ (100.00) $803
Low $924 $ -$980
Extremely Low $390 $ -$422
Extremely Low $390 $ -$422
Very Low $491 $ -$531
Low Vacant $ (100.00) $1,008
VACANT $472 $ -VACANT
Extremely Low $472 $ -$498
Extremely Low $390 $ -$422
Very Low $744 $ (81.53) $694
Low $390 $ -$982
Very Low $399 $ (60.58) $457
Very Low $547 $ -$593
Extremely Low $396 $ -$474
#N/A $370 $ -VACANT
Extremely Low $390 $ -$422
Extremely Low $390 $ -$422
Very Low $707 $ (27.42) $697
Very Low $443 $ {7.08) $505
Low $545 $ -$798
Extremely Low $390 $ -$438
Extremely Low $390 $ -$422
Extremely Low $390 $ -$422
Very Low $460 $ (15 .79) $549
6-24
Income FY 2022 -2023 Medical FY 2023 -2024
Level Monthly Rent Credit Monthly Rent
Very Low $662 $ -$737
Manager Unit $ -$0.00
Section 8 Vouche r Program
Hou s ing As s istance Payment (HAP) Eligible Unit s
lncolT!e FY 2022 -2023 Medical FY 2023 -2024 Section 8 Tenant Level Monthly Rent Credit Monthly Rent HAP Payment
Extremely Low $1,027 $ -$1,027 $777.00 $250.00
Extremely Low $1,027 $ -$1,027 $770 .00 $257.00
Very Low $1 ,027 $ -$1,027 $603.00 $424.00
Extremely Low $1,027 $ -$1,027 $694 .00 $333.00
FY 2022 -2023 Medical FY 2023 -2024 Section 8 Section 8 Monthly Rent Credit Monthly Rent HAP Total Tenant
Totals Total Total Pay Total
$15,998.00 -$392.40 $17,806.00 $2,844.00 $1,264 .00