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HomeMy WebLinkAbout6.2 AptConversionToCondo CITY CLERK File # DWl~[Q]-~ AGENDA STATEMENT CITY COUNCIL MEETING DATE: September 7, 2004 SUBJECT: ATTACHMENTS: RECOMMENDATION: y FINANCIAL STATEMENT: BACKGROUND: Public Hearing - P A 04-044 Adoption of Resolution Initiating Proceedings to Adopt an Ordinance Regulating the Conversion of Existing Apartments in the City to Condominiums (Report Prepared by: feri Ram, Planning Manager) 1. Resolution Initiating Proceedings to Adopt an Ordinance Regulating the Conversion of Existing Apartments in the City to Condominiums. Notice of Public Hearing to Consider Initiating Proceedings to Adopt a Condominium Conversion Ordinance. Copies of Sections from the 1990 Housing Element. Copies of Sections from the 1999 - 2006 Housing Element. 2. 3. 4. 1. 2. 3. 4. 5. Open Public Hearing; Receive Staff Presentation; Question Staff and the Public; Close Public Hearing and Deliberate; and Adopt Resolution Initiating Proceedings to Adopt an Ordinance Regulating the Conversion of Existing Apartments in the City to Condominiums No financial impact at this time. State law provides that cities have the responsibility to use the powers vested in them to facilitate the improvement and development of housing to make adequate provision for the housing needs of all economic segments of the community. (See Gov. Code, § 65580(d).) At the local level, cities implement state housing law policies through the adoption of the Housing Elements of their General Plans, which elements are reviewed and certified by the state's Department of Housing and Community Development ("HCD"). (See Gov. Code, §§ 65583, 65585.) Among other things, Housing Elements must contain a statement of the community's goals, objectives and policies related to the maintenance, preservation, improvement, and development of housing along with an action program to implement these goals, objectives and policies. (See Gov. Code, § 65584(b)-(c).) ______________________________________________________-______w~_____~_______________________~.___~___________ G:\P A#\2004\04-044 Condo Conversion ZOA \ccsr9· 7 ·04.DOC COPIES TO: In-House Distribution \~tf ITEM NO.-D4 The City's 1990 Housing Element included several policies that encouraged and suggested actions to ensure the availability of rental housing. One policy required that large multifamily projects include a rental component for a five-year time period. Another policy required the monitoring of the availability rental housing and, if monitoring disclosed that it was necessary, the enactment of a condominium- conversion ordinance (Attachment 3). At the time of the adoption of the 1990 Housing Element, there was a concern that, because there were no condominiums or apartments under development, it was possible that applications would be submitted to convert existing apartments into condominiums. On June 3, 2003, the City Council approved the City of Dublin Housing Element (1999 - 2006) ("the Current Housing Element"), and the State Department of Housing and Community Development certified it on July 11,2003. The Current Housing Element eliminated the program that required the monitoring of the availability of rental housing and potential enactment of condominium-conversion ordinance, reasoning that there was little likelihood that existing rental housing property owners would convert their properties to condominiums. It concluded that conversions were unlikely because of the strong demand for rental housing in Dublin coupled with the development of numerous condominiums (including 1396 condominium units then-currently under construction) that would tend to satisfy the demand for condominiums. The Current Housing Element also noted that the City would assess the need for a condominium-conversion ordinance each time it updates the Housing Element (Attachment 4). Since the adoption of the Current Housing Element, conditions in the housing market have changed markedly. The Community Development Department has noted that the incidence of condominium conversion projects in other communities is increasing. In addition, Staff has received many questions from possible investors and purchasers of existing apartment communities about the City's requirements in relation to condominium conversions; Staff believes that the increase in condominium-conversion activity due to the following factors: · Higher vacancy rates for apartments as more and more people are able to qualify for loans for homes due to lower interest rates; · An increased market for condominiums in the area; · The ability of the property owner to maximize profit by selling units rather than renting them. In the past 10 years the City has seen the development of approximately 1,500 residential apartment units, for an overall total of approximately 2,800 units throughout the City. It should be noted that approximately 1,119 of these units are already mapped for condominiums and would not be subject to the condominium conversion ordinance or the City's Inclusionary Housing Ordinance. Additionally, if all these units converted, the ratio of apartments to ownership units would be greatly reduced. The remaining apartment units provide a type of housing that is a key to a healthy diversity of housing stock in the community. Apartments provide housing for all levels of affordability in the community and are a valuable tool for providing work force housing. In the past seven months, Staff has received inquiries from several existing and potential apartment developments of their intent to file subdivision documents to convert their projects to condominiums. These possible projects include: Existing Proiects Iron Horse Trail Apartments (Dougherty Road) - Archstone Apartments - Emerald Park ( Hacienda Drive)- 117 units 324 units 2úQ4- New Proiects A valon Bay Apartments (Transit Center) - 305 units Staff believes that the conversion of one or two of the City's apartment communities could have a major impact on the diversity of the City's housing stock, in that it would remove from the market a significant percentage of the existing rental units. If sold rather than rented, the units would no longer be available to a segment of the community that is not in a position to purchase such units. In addition, the loss of these units would likely decrease the vacancy rate and accordingly tend to increase rents, and this would tend to further exacerbate the City's shortage of affordable rental units. This might cause a lasting imbalance in the diversity of housing stock in the City. In addition, conversion of apartments without addressing all of the policy issues would be in conflict with the assumptions that formed the basis of the City's Housing Element. At the present time should a property owner file a request for a condominium conversion, the application would be processed in accordance with State law under the Subdivision Map Act. The Map Act contains provisions that require notice to the tenants and gives tenants the right to purchase the units before they are placed on the market for sale to the general public. State law permits the City to expand upon these basic requirements through the adoption of a condominium-conversion ordinance. For example, a condominium-conversion ordinance could limit conversions to maintain a balance of housing stock and could require the provision of affordable units under the City's Inclusionary Zoning Ordinance. Because of market conditions, Staff believes that it is important to begin the development of a condominium-conversion ordinance. As there are many different mechanisms for regulating conversions in effect throughout the state, City Staff believes it appropriate at this time to explore the various options. This study and the eventual drafting would take an unknown amount of time, but Staff anticipates having an ordinance ready to present to the City Council within 6 months. Staff is concerned that while the condominium-conversion ordinance is under development, a subdivision application might be filed to convert an existing apartment complex to condominiums. For the reasons indicated above, such a conversion could potentially have an impact on the City's ability to provide housing for all economic segments in the community. Thus, if the City Council determines that a conversion of apartments to condominiums might negatively impact the City's goal and State law obligation to adequately provide for the housing needs of all economic segments of the community, Staff recommends that the City Council adopt the attached Resolution initiating proceedings to adopt a condominium-conversion ordinance. The Resolution is designed to prevent those that file subdivision applications to convert existing apartments to condominiums or other forms of ownership that permit the sale of individual units from avoiding the pending condominium-conversion ordinance. Ordinarily, under the Subdivision Map Act, the City may only apply standards in effect at the time that an application for a tentative subdivision map is deemed complete. (Gov. Code, § 66474.2(a).) However, if the City initiates proceedings by resolution and publishes a public notice containing a description sufficient to notify the public of the nature of the proposed change in the zoning or subdivision ordinances, the City may apply the ordinance enacted or instituted as a result of the proceedings that are in effect on the date the local agency approves or disapproves the tentative map. (Gov. Code, § 66474.2(b).) The City published the appropriate notice as required by Government Code section 65090 (Attachment 2) and, in addition although not required by law, provided mailed notice to all the owners of apartments in the City. The attached Resolution would take the formal step of initiating proceedings. 30[)Ý" RECOMMENDATION: Staff recommends the City Council Open Public Hearing; receive Staff presentation; question Staff and the Public; close the Public Hearing and deliberate; and adopt Resolution (Attachment 1) initiating proceedings to adopt an Ordinance regulating the conversion of existing apartments in the City to Condominiums 4~~ \rt4 RESOLUTION NO. -04 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN INITIATING PROCEEDINGS TO ADOPT AN ORDINANCE REGULATING THE CONVERSION OF EXISTING APARTMENTS IN THE CITY TO CONDOMINIUMS WHEREAS, State law provides that cities have the responsibility to use the powers vested in them to facilitate the improvement and development of housing to make adequate provision for the housing needs of all economic segments of the community; and WHEREAS, at the local level, cities implement state housing law policies through the adoption of the Housing Elements of their General Plans, which elements are reviewed and approved by the state's Department of Housing and Community Development ("HCD"); and WHEREAS, among other things, Housing Elements must contain a statement of the community's goals, objectives and policies related to the maintenance, preservation, improvement, and development of housing along with an action program to implement these goals, objectives and policies; and WHEREAS, the City's 1990 Housing Element included several policies that encouraged and suggested actions to ensure the availability of rental housing, including a policy that required the monitoring of the availability ofrental housing and, if monitoring disclosed that it was necessary, the enactment of a condominium-conversion ordinance; and WHEREAS, in accordance with state housing law, the City adopted its 1999-2006 Housing Element ("the Current Housing Element") in June 2003, and it was certified by HCD on July 11,2003; and WHEREAS, the Current Housing Element eliminated the program that required the monitoring of the availability of rental housing and potential enactment of condominium-conversion ordinance, reasoning that there was little likelihood that existing rental housing property owners would convert their properties to condominiums due to the strong demand for rental housing in Dublin and the development of condominiums (including 1396 condominium units currently under construction) to satisfy the demand for condominiums; and WHEREAS, the Current Housing Element further indicated that the City would assess the need for a condominium-conversion ordinance each time it updates the Housing Element, if the need arises; and WHEREAS, since the adoption ofthe Current Housing Element, conditions in the housing market have changed markedly, and the Community Development Department has noted that the incidence of condominium-conversion projects in other communities is increasing; and WHEREAS, the City of Dublin believes that the following market conditions have led to the increase in proposals to convert existing multi-family rental projects to condominiums: a. The higher vacancy rates for apartments as more and more people are able to qualify for loans for homes due to historically low interest rates; "1-1-0,"+ tJ"Q- ATTACHMENT I G:IPA#\2004104-û44 Condo Conversion ZOAlccresofintent9-7 -û4.DOC ~Obq b. The increased market for condominiums in the area; and c. The ability of the property owner to maximize profit by selling units rather than renting them. WHEREAS, in the past ten years, the City has developed over 1500 residential apartment units for an overall total of approximately 2,800 units throughout the City. These units and the other rental units in the provide a type of housing that is one of the keys to providing for the housing needs of all economic segments of the community; and WHEREAS, rental units provide housing for persons in all income levels, and they are a valuable tool for providing workforce housing; and WHEREAS, the conversion of one or two of the City's apartment communities could have a major impact on the City's housing market, in that it would remove fÌ'om the market a significant percentage ofthe existing rental units; and WHEREAS, if units are sold rather than rented, the units would no longer be available to a segment of the community that is not in a position to purchase such units; and WHEREAS, the loss of these units would likely decrease the vacancy rate and accordingly tend to increase rents, and this would tend to further exacerbate the City's shortage of affordable rental units; and WHEREAS, due to these changes in the marketplace and their potential consequences on the City's ability to provide for the housing needs of all economic segments ofthe community, the Community Development Department has begun the development of a condominium-conversion ordinance; and WHEREAS, the approval of the conversion of existing residential apartment units to condominiums or other forms of ownership that permit the units to be sold individually, during the period in which the City is considering the adoption of a condominium-conversion ordinance, could frustrate the City's efforts at providing for the housing needs of all economic segments of the community, because it would result in the removal of units fÌ'om the City's inventory of rental units available to those at lower income levels and because it would tend to increase the rents of those rental units that remain; and WHEREAS, to prevent these goals fÌ'om being frustrated, the City desires initiate proceedings to adopt a condominium-conversion ordinance and desires to place potential subdividers on notice pursuant to Government Code section 66474.2 of the City's intent to adopt a condominium-conversion ordinance, the effect of which will be to permit the City to apply the condominium-conversion ordinance if it is in effect on the date the City approves or disapproves the tentative map. NOW THEREFORE, THE CITY COUNCIL RESOLVES AS FOLLOWS: A. Initiation of Study of Potential Adoption of Condominium-Conversion Ordinance. Staff is hereby directed to study the potential adoption of a condominium-conversion ordinance and, if deemed necessary due to existing conditions in the City and the marketplace, present such an ordinance to the Planning Commission and City Council for potential adoption in the manner required by law. This resolution shall constitute, under subdivision (b) of section 66474.2 of the Government Code, the 2 6~q initiation of proceedings to adopt an ordinance that regulates, restricts, or prohibits the conversion of existing residential apartment units held in a single ownership, in whatever form, to condominiums or other forms of ownership that permit the units to be sold individually. B. Notification to Subdividers of Intent to Apply Condominium-Conversion Ordinance. Notwithstanding subdivision (a) of section 66474.2 of the Government Code, the City intends to apply the condominium-conversion ordinance adopted as a result of the proceedings initiated by this Resolution to all applications for approval oftentative maps and vesting tentative maps that have not been deemed complete as of the date of this Resolution. C. Compliance with California Environmental Quality Act. This ordinance is not a "project" within the meaning of Section 15378 of the State CEQA Guidelines, because it has no potential for resulting in physical change in the environment, directly or ultimately. D. Severability. If any provision of this ordinance or the application thereof to any person or circumstance is held invalid, the remainder of the ordinance, including the application of such part or provision to other persons or circumstances shall not be affected thereby and shall continue in full force and effect. To this end, provisions of this ordinance are severable. The City Council hereby declares that it would have passed each section, subsection, subdivision, paragraph, sentence, clause, or phrase hereof irrespective of the fact that anyone or more sections, subsections, subdivisions, paragraphs, sentences, clauses, or phrases be held unconstitutional, invalid, or unenforceable. PASSED, APPROVED and ADOPTED this 7th day of September 2004. AYES: NOES: ABSENT: ABSTAIN: Mayor City Clerk 3 tfcrö~ CITY OF DUBLIN 100 Civic Plaza, Dublin, California 94568 Website: http://www.cLdublin.ca.us NOTICE OF PUBLIC HEARING The City of Dublin City Council will hold a public hearing and take action on the following project: PROJECT: P A 04-044 Amendment to the Dublin Municipal Code PROJECT DESCRIPTION: Resolution Initiating Proceedings to Adopt an Ordinance Regulating the Conversion of Existing Apartments in the City to Condominiums. The specific content of the Ordinance that will be eventually proposed to City Council is presently unknown. A proposed ordinance will be drafted after thorough study of the issue by the Community Development Department and by other City departments. At present, it is anticipated that the Ordinance would regulate, restrict, and, in some cases, prohibit the conversion of existing residential apartment units held in a single ownership, in whatever fonn, to condominiums or other fonns of ownership that pennit the units to be sold individually. LOCATION: Citywide ENVIRONMENTAL REVIEW: This project has been found to be Exempt from the California Environmental Quality Act (CEQA) pursuant to Section 15061(b)(3). APPLICANT: City of Dublin PUBLIC HEARING: A public hearing will be held before the City Council on Tuesday, September 7,2004 at 7:00 pm in the City Council Chambers, 100 Civic Plaza, Dublin. Any interested person may appear and be heard on this matter. If you challenge the above-described action in court, you may be limited to raising only those issues you or other persons raised at the public hearing described in this notice, or in written correspondence delivered to the City of Dublin at, or prior to, the public hearing. The proposed project is available for review at the City Office, 100 Civic Plaza, Dublin, California. If you have any questions or comments, please contact the Community Development Department at (925) 833-6610. Jeri Ram, AICP Planning Manager Dated: August 25, 2004 Published: August 28, 2004 ATTACHMENT J-. Area Code (925) . City Manager 833-6650 . City Council 833-6650 . Personnel 833-6605 . Economic Development 833-6650 Finance 833-6640' Public Works/Engineering 833-6630· Parks & Community Services 833-6645' Police 833-6670 Planning/Code Enforcement 833-6610 . Building Inspection 833-6620 . Fire Prevention Bureau 833-6606 £5 ttb Of , Re\evO\'I'" ì Sec:fl0W S of CITY OF DUBLIN GENERAL PLAN HOUSING ELEMENT ADO P TED B Y: THE CITY COUNCIL FEBRUARY 11, 1985 REV I SED B Y: THE CITY COUNCIL JUNE 11, 1990 The Housing Element is a revision of Volume 6 of the General Plan as adopted by the city Council on February 11, 1985 ATTACHMENT ") Policy Objective: Quantified Objective: Action Undertaken: Actions to be Undertaken: Financing: Implementing Responsibility: Time Frame: GtifJq Encourage development of affordable housing by private organizations not primarily engaged in housing construction or management 90 units (affordable to low and moderate income households) Inclusion of "Semi-public use" definition in the General Plan that allows housing Contact owners of semi-public property to inform them of this policy; and grant additional incentives such as reduced site design standards, priority processing and fee reductions Minor administrative cost to City (A) Planning Department 1991 (adopt incentives) and 1992 (contact owners) E. Require a percentage of units in large mUlti-family projects (i.e., projects with more than 10 units) be rented for a specified period of time. The difficulties of first-time home buying make rental units the only affordable housing for many moderate income households that do not have the assets to make a down-payment on a home. Other households may chose to rent for other reasons. policy Objective: Action Needed: Financing: Insure availability of rental units in Dublin Require that a minimum of 10% of the units in large multi-family projects be maintained as rental units for a period of five years. No cost to City 55 (~4 Financing: Housing Authority fund and minor administrative cost to City (A and D) Implementation Responsibility: Housing Authority and Planning Department Time frame: Ongoing implementation I. Monitor Availability of Rental Housing. If deemed necessary, consider enactment of condominium conversion ordinance. Only one condominium conversion project has been approved by the City. The developer did not follow through with implementation of the project. Policy Objective: Assist in maintaining rental stock as housing affordable to moderate income Dublin households Actions to be Undertaken: After an application for a condominium conversion is received by the City, evaluate the City-wide rental vacancy rate; pass a condominium conversion ordinance, if necessary Financing: Minor administrative cost to City (A) Implementation Responsibility: Planning Department Time Frame: Ongoing implementation J. Require evidence of developer effort to receive public financial assistance for purpose of including below market rate units in proposed projects¡ and assist developers in obtaining information on available programs. The range of available state and federal programs designed to increase housing affordability varies from year to year. To insure that developers are participating in appropriate programs when possible, the City will require evidence that developers of multi- family housing have investigated program availability and are using available assistance whenever possible. To reduce the burden on developers created by this requirement, the City will prepare a packet of information on available programs, including a list of agency contact persons responsible for program implementation. This information will be given to developers as early as possible in the project approval process. This requirement will apply only to developers of projects that contain 75 or more multi-family units. 58 I I I I I, I I I I . I I I I I I I ~t\'{ \,)(À"I""Í See. -\-''';y-.; O~ ~ity of Dublin ~ ' ,.. - . . ~ , , ., ...... ,'0; r' ''-. ... H H .. ~, .. .. .. ", ". .. . .,.,...L "'. . '''', , .L . .. '.. Housing Element (1999-2006) Adopted by the Dublin City Council on June 3, 2003 Resolution No. 113-03 (Approval of Housing Element) Resolution No. 114-03 (Adoption of Negative Declaration) Certified by the State Department of Housing and Community Development July 11, 2003 , I] ATTACHMENT <../ IJ q tt() '1 CITY OF DUBLIN HOUSING ELEMENT (1999-2006) 1. Monitor availability of rental housing. If deemed necessary, consider enactment of the condominium conversion ordinance. The City has approved only one condominium conversion project. The developer did not follow through with implementation of the project. Policy Objectives: Actions to be Undertaken: Financing: .Implementation Responsibility: Time Frame: Achievements: Assist in maintaining rental stock as housing affordable to moderate~income Dublin households After an application for a condominium conversion is received by the City, evaluate the City-wide rental vacancy rate; pass a condominium conversion ordinance, if necessary Minor administrative cost to the City Community Development Department Ongoing implementation A condominium conversion ordinance was never adopted because the City does not believe that there is a current need for such an ordinance. There is little likelihood that existing rental housing property owners will convert their properties to condominiums due to the strong demand for rental housing in Dublin and the development of condominiums to satisfy the demand for this type of housing. There are currently 1,396 condominiums under construction in the City. The City will assess the need for a condominium conversion ordinance each time it updates the Housing Element if a need arises. 18