Creating Affordable Housing in Irvine: Read the Irvine Community Land Trust 2019 Annual Report!

I am honored to serve as Chair of the Irvine Community Land Trust (ICLT), guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  Located in Irvine, California, the heart of Southern California’s most expensive real estate market, there is a tremendous need for affordable housing. Because this is our home, too, ICLT is committed to ensuring that Irvine is a place everyone can call “home.”

Recently, ICLT has released its 2019 Annual Report, which I want to share with you.

The Annual Report includes information about the latest achievements in our mission to provide permanent affordable housing to income-eligible Orange County residents.

Read the full report HERE.

We are proud of our progress in this critical area for our community and recognize that there is much more work to be done in 2020 and beyond.

We at the Irvine Community Land Trust are extremely proud to put a successful 2019 to bed. It was a landmark year for our nonprofit organization, marked by critical milestones, a host of awards and a major legislative accomplishment that will benefit the affordable housing landscape across California for decades to come.

Progress on Salerno as of Feb. 2020. Groundbreaking on Sept. 19, 2019. Completion expected Fall 2020.

Most importantly, though, 2019 saw the birth of new, high-quality affordable rental housing for the benefit of income-eligible families.

Due to our robust economy and desirable standard of living, Irvine remains one of the most expensive real estate markets in the nation.

Unfortunately, affordable housing is extremely limited and our working-class citizens, who are the backbone of the city, are among some of Irvine’s most vulnerable residents. With them in mind and in our hearts, we were thrilled to break ground on Salerno, the ICLT’s newest community which will bring 80 affordable homes to the city, including 15 for veterans, 10 for individuals with disabilities and 10 for families at risk of homelessness.

The homes at Salerno are growing by leaps and bounds, and have now climbed up to include a third floor. Keep checking back for more progress pictures from the site, and look forward to the community opening its doors later this year.When completed in the fall, Salerno will join Parc Derian, Alegre Apartments and Doria Apartment Homes as places where income eligible residents will proudly call Irvine “home.”

As the Orange County Register observed, these affordable communities offer “a new beginning for veterans, developmentally disabled people and families at risk of homelessness.”

Looking ahead, 2020 is shaping up to be equally exciting as we begin work on our first home ownership community, Native Spring. That will prove to be a real game-changer for us, the city and, of course, the new homeowners! For the first time, the Irvine Community Land Trust will build for-sale homes that hard-working Irvine residents making less than $100,000 can actually afford to buy.

The Native Spring homeownership project will serve moderate-income families with a 68-house development in Portola Springs that will have all the features of any market rate for-sale project in the city. A young couple earning $76,000 to $94,000 annually will be able to purchase a home for about $370,000.

Additionally, these homebuyers will “pay it forward” by agreeing to resale provisions that keep these homes permanently affordable. This development, which will break ground in 2020, is tremendously exciting for the ICLT as it stands to make the American dream a reality for many first time home buyers.

The ICLT continues to look for corporate donors who can provide grant opportunities, donate materials and items to help build, furnish and landscape new communities. Contact us to learn how to contribute!

You can learn more about the Irvine Community Land Trust at our website HERE.

In May 2019, the Irvine Community Land Trust was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations.  You can read about it HERE.

 

 

 

 

 

The Challenges of Affordable Housing – and How the Irvine Community Land Trust is Making Progress by Opening the Door to a Wave of New Home Owners

As many of you know I am honored to serve as Chair of the Irvine Community Land Trust (ICLT), guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.

Late last year, we celebrated the groundbreaking for Salerno, our newest affordable housing community in Irvine. On schedule to be completed in the Fall of 2020, Salerno will offer affordable rents as low as $550 for a one-bedroom, $625 for a two-bedroom and $695 for a three-bedroom.

Thirty-five of the homes will be reserved for those earning less than 30 percent of the area median income: 15 for veterans; 10 for individuals with developmental disabilities; and 10 for families at risk of homelessness.  As the Orange County Register observed, these affordable communities offer “a new beginning for veterans, developmentally disabled people and families at risk of homelessness.”

Recently, ICLT has released a video made during the groundbreaking for Salerno, which I want to share with you:

 

In the video, I talk about the crucial role that ICLT and I played in the passage of new legislation, SB 196, which ICLT and I worked on with Senators Jim Beall, Mike McGuire, and Bob Wieckowski to pass in Sacramento, and which has now been signed into law by the Governor, allows properties slated for affordable rental homes to get a tax exemption sooner, saving nonprofit builders between millions of dollars that can instead go toward building more affordable homes.

The new law also extends this property tax break to land for owner-occupied affordable home projects.  As I told the Orange County Register, “It’s really hard to build these [affordable housing] projects. You have to have a lot of funding, and property taxes can take a significant bite out of that. Even if it didn’t prevent us from doing the [Salerno] project, it lowered the number of units we could do.”  Now that’s been changed.  Under the new law, property tax rates will be lower at the outset for below-market rate, affordable housing, making it much easier and more practical to build more permanently affordable housing for more people in need.

Since I joined the ICLT, we’ve built two below-market rate apartment communities, Parc Derian and Doria, for families making no more than 80 percent of the area’s median household income; some residents earn less than 30 percent of the median income, which in Orange County is $97,900 for a family of four.

The affordable housing we’ve created with ICLT profoundly and positively impacts the health and education outcomes for hundreds of people. That’s why I volunteer to serve as Chair of the Irvine Community Land Trust. The affordable housing crisis isn’t just about buildings. We’re building communities for all the people who desperately need a place to live, including children who need a positive environment to thrive.

You can learn more about the Irvine Community Land Trust at our website HERE.

In May 2019, the Irvine Community Land Trust was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations.  You can read about it HERE.

Read the Irvine Community Land Trust Q4 2019 Newsletter: New Affordable Housing, Tax Reform, Affordable Housing Conference, and More!

I am honored to serve as Chair of the Irvine Community Land Trust (ICLT), guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  

Since I joined the ICLT, we’ve built two below-market rate apartment communities, Parc Derian and Doria, for families making no more than 80 percent of the area’s median household income; some residents earn less than 30 percent of the median income, which in Orange County is $97,900 for a family of four.

ICLT Chair Melissa Fox speaking at the groundbreaking of Salerno, our newest affordable housing community in Irvine.

Recently, we celebrated the groundbreaking for Salerno, our newest affordable housing community in Irvine. On schedule to be completed in the Fall of 2020, Salerno will offer affordable rents as low as $550 for a one-bedroom, $625 for a two-bedroom and $695 for a three-bedroom.

Thirty-five of the homes will be reserved for those earning less than 30 percent of the area median income: 15 for veterans; 10 for individuals with developmental disabilities; and 10 for families at risk of homelessness.

As the Orange County Register observed, these affordable communities offer “a new beginning for veterans, developmentally disabled people and families at risk of homelessness.”

New Communities, the first modern land trust, started 50 years ago in Georgia by the descendants of slaves.

As Chair of the Irvine Community Land Trust (ICLT), I have been actively working with members of the California State Legislature to enact tax reforms to make it it much easier to create affordable housing throughout California.

The new legislation, SB 196, which ICLT and I worked on with Senators Jim Beall, Mike McGuire, and Bob Wieckowski to pass in Sacramento, and which has now been signed into law by the Governor, allows properties slated for affordable rental homes to get a tax exemption sooner, saving nonprofit builders between millions of dollars that can instead go toward building more affordable homes.

The new law also extends this property tax break to land for owner-occupied affordable home projects.  As I told the Orange County Register, “It’s really hard to build these [affordable housing] projects. You have to have a lot of funding, and property taxes can take a significant bite out of that. Even if it didn’t prevent us from doing the [Salerno] project, it lowered the number of units we could do.”  Now that’s been changed.  Under the new law, property tax rates will be lower at the outset for below-market rate, affordable housing, making it much more practical to build more housing for more people in need.

Mark Asturias, Melissa Fox, and Leon M. Nappier at New Communities.

Last month, I traveled to Georgia with ICLT Executive Director Mark Asturias and fellow board member Leon M. Napper for the Reclaiming Vacant Properties and Grounded Solutions Conference. While we were there, we visited New Communities, the first of the modern land trusts, founded in Leesburg, Georgia, in 1969, a former plantation is now owned by the descendants of slaves and dedicated to conservation and racial reconciliation. This land trust went on to inspire the hundreds of community land trusts that exist today, ourselves included.

All of these recent events are covered in our Q4 2019 Irvine Community Land Trust Newsletter HERE.

The affordable housing we’ve created with ICLT profoundly and positively impacts the health and education outcomes for hundreds of people. That’s why I volunteer to serve as Chair of the Irvine Community Land Trust. The affordable housing crisis isn’t just about buildings. We’re building communities for all the people who desperately need a place to live, including children who need a positive environment to thrive.

You can learn more about the Irvine Community Land Trust at our website HERE.

In May 2019, the Irvine Community Land Trust was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations.  You can read about it HERE.

Leading Real Estate News Source Highlights Irvine Community Land Trust’s Role in a Enacting New Tax Reforms Expected to Fuel Affordable Housing Construction in California!

As Chair of the Irvine Community Land Trust (ICLT), I have been actively working with members of the California State Legislature to enact tax reforms to make it it much easier to create affordable housing throughout California.

The new legislation, SB 196, which ICLT and I worked on with Senators Jim Beall, Mike McGuire, and Bob Wieckowski to pass in Sacramento, and which has now been signed into law by the Governor, allows properties slated for affordable rental homes to get a tax exemption sooner, saving nonprofit builders between millions of dollars that can instead go toward building more affordable homes. The new law also extends this property tax break to land for owner-occupied affordable home projects.  As I told the Orange County Register, “It’s really hard to build these [affordable housing] projects. You have to have a lot of funding, and property taxes can take a significant bite out of that. Even if it didn’t prevent us from doing the [Salerno] project, it lowered the number of units we could do.”

Now that’s been changed.  Under the new law, property tax rates will be lower at the outset for below-market rate, affordable housing, making it much more practical to build more housing for more people in need.

I’m very pleased that GlobeSt.com, a leading real estate news source, has written about our success.

Here is their report:

The New CA Law That Could Generate Loads of Affordable Housing
SB 196 provides a property tax exemption to affordable housing developers during construction.

By Kelsi Maree Borland

“Last week, Gavin Newsom signed a SB 196 into law, creating new opportunities for affordable housing throughout the state. The new law provides a property tax exemption for developers of affordable housing during the construction phase—the first three to five years after purchasing raw land. The legislation is expected to go a long way in fueling more affordable housing development.”

“Organizations like the Irvine Community Land Trust have been advocating for like legislation for years. ‘We have been looking at legislation to support community land trusts for many years,’ Mark Asturias, executive director of the ICLT, tells GlobeSt.com. ‘Our land trust was looking at the welfare exemption specifically because of the high property tax carry cost here in Orange County. Many people understand that the cost of land and housing is very expensive in Orange County, and in our world, we can’t carry the cost of market-rate land. Because most of our land is developed through a public partnership, we hoped to get this in place to use money to pay for the construction of new projects.'”

“Asturias anticipates that the legislation will be successful in generating more affordable housing, which the state of California desperately needs. ‘This is a wonderful opportunity for us. We are now going to be able to develop properties without paying taxes on the property at market rate while we are trying to get our entitlements in place,’ Asturias. ‘In California, it takes three to five years to get through the process from the day you buy the property to the day you can actually finish the construction of the house.'”

“The legislation does come with a caveat. Developers must start and complete their project on time, or they must pay back the taxes. ‘We talked with many people in the community land trust about how long we would need to develop vacant land. It is usually three to five years,’ Asturias says. “We didn’t want to represent to anyone as we were getting this bill put forward that we were land banking, meaning that we were going to hold vacant land and not develop it. That isn’t the mission of a community land trust, and we felt that was reasonable to put a limit on the amount of time that the exemption could be in place. That was a fair trade-off in our view.'”

“The state and Governor’s office is on a mission to combat the housing crisis, and this is only the latest piece of legislation. ‘We want to demonstrate that we can offer a variety of tools, and we believe that the Governor recognized that,’ says Asturias. ‘With all of the legislation that he is passing, we believe that he is demonstrating an effort to address the entire housing spectrum.’”

Our next affordable housing community for the Irvine Community Land Trust is 68 owner-occupied townhomes on Native Spring alongside the 133 toll road.  The ILCLT  has been under contract to buy the land from the city for four and a half years, but has held off closing escrow until the new legislation is in place, saving an estimated $600,000 in property taxes.  Now we are able to move forward immediately on this innovative and exciting project in affordable home ownership!

Learn more about the Irvine Community Land Trust at our website HERE.

You can read our ICLT Newsletter HERE.

In May 2019, the Irvine Community Land Trust was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations. Read about it HERE.

We Just Opened a New Affordable Housing Community in Irvine and Made it Easier to Create Affordable Housing Throughout California!

I am honored to serve as Chair of the Irvine Community Land Trust (ICLT), guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  Like all Irvine Community Land Trust Board Members, I serve as a volunteer, without compensation.  

Since I joined the ICLT, we’ve built two below-market rate apartment communities, Parc Derian and Doria, for families making no more than 80 percent of the area’s median household income; some residents earn less than 30 percent of the median income, which in Orange County is $97,900 for a family of four.

Speaking at the groundbreaking ceremony for Solarno, the Irvine Community Land Trust’s newest affordable housing community.

Last week, we celebrated the groundbreaking for Salerno, our newest affordable housing community in Irvine.

On schedule to be completed in the Fall of 2020, Salerno will offer affordable rents as low as $550 for a one-bedroom, $625 for a two-bedroom and $695 for a three-bedroom. Thirty-five of the homes will be reserved for those earning less than 30 percent of the area median income: 15 for veterans; 10 for individuals with developmental disabilities; and 10 for families at risk of homelessness.

As the Orange County Register observed, this affordable community will be “a new beginning for the veterans, developmentally disabled people and families at risk of homelessness who will become its tenants when it opens next year.”

In addition, I’m excited to report on the passage of new tax break legislation I’ve been fighting for in Sacramento, which will make it much easier to create affordable housing throughout California! 

The new legislation, which I worked on with Senators Jim Beall, Mike McGuire and Bob Wieckowski to pass in Sacramento, allows properties slated for affordable rental homes to get a tax exemption sooner, saving nonprofit builders between millions of dollars that can instead go toward building more affordable homes. The new law also extends this property tax break to land for owner-occupied affordable home projects.

As I told the Orange County Register, “It’s really hard to build these [affordable housing] projects. You have to have a lot of funding, and property taxes can take a significant bite out of that. Even if it didn’t prevent us from doing the [Salerno] project, it lowered the number of units we could do.”

Now that’s been changed.

Before the new legislation, property taxes were not adequately adjusted for below-market rate housing.  Landowners such as the ICLT that wanted to build affordable, below-market housing couldn’t get a property tax exemption until a project was underway, and county tax assessors interpreted that requirement to mean anything from shovels in the ground to tenants moving in.  In the case of Salerno in Irvine, where vacant land is assessed at approximately $4 million an acre, taxes on the land amounted to $275,000, which had to be paid before the project could be constructed.

Under the new law, property tax rates will be lower at the outset for below-market rate, affordable housing, making it much more practical to build more housing for more people in need.

Our next affordable housing community is 68 owner-occupied townhomes on Native Spring alongside the 133 toll road.  The ILCLT  has been under contract to buy the land from the city for four and a half years, but has held off closing escrow until the new legislation is in place, saving an estimated $600,000 in property taxes.  Now we are able to move forward immediately on this innovative and exciting project in affordable home ownership!

Learn more about the Irvine Community Land Trust at our website HERE.

You can read our ICLT Newsletter HERE.

In May 2019, the Irvine Community Land Trust was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations. Read about it HERE.

Join Me on Thurs., September 19 at 10:00 a.m. for the Groundbreaking for Salerno — the Irvine Community Land Trust’s Newest Affordable Housing Community!

In 2018, I was elected to serve as Chair of the Irvine Community Land Trust, (ICLT) guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  Like all Irvine Community Land Trust Board Members, I serve as a volunteer, without compensation. 

We build high-quality affordable rental, ownership and special needs housing for the benefit of income-eligible families. Located in the heart of Southern California’s one of the most expensive real estate markets, there is a tremendous need for affordable housing.

Because this is our home, too, the we are committed to ensuring that Irvine is a place where everyone can call “home.”

On Thursday, Sept. 19, at 10:00 a.m., we’ll be hosting a groundbreaking ceremony for our latest project — the 80-unit Salerno.

You are invited to attend!

On schedule to be completed in the Fall of 2020, Salerno will offer affordable rents as low as $550 for a one-bedroom, $625 for a two-bedroom and $695 for a three-bedroom.

Thirty-five of the homes will be reserved for those earning less than 30 percent of the area median income: 15 for veterans; 10 for individuals with developmental disabilities; and 10 for families at risk of homelessness.

Like all ICLT homes, qualifying residents must register on our Interest List: www.irvineclt.org/interest-list.

Please know that parking will be limited, so come early!

I hope to see you there!

You can read our ICLT Newsletter HERE.

In 2019, ICLT was awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations

 

 

 

Irvine Community Land Trust Receives “No Place Like Home” Award from Families Forward!

As Chair of the Irvine Community Land Trust (ICLT), I’m proud to announce that we have been honored with the “No Place Like Home” award during the 8th Annual Housing Partner Appreciation Event hosted by Families Forward.

ICLT’s Parc Derian, which provided 80 new units of housing for working families, veterans, and special-needs residents of Irvine, was celebrated for providing access to stabilized housing for qualifying low-income families.

Located in the Irvine Business Complex and developed on a 2.2- acre urban infill site, Parc Derian beautiful multifamily four-story community with a pool, tot lot, private parking, exercise center, computer lab, and onsite resident services. Featuring contemporary architecture that incorporates urban inspired elements and finishes, it is also environmentally conscious and designed to achieve a LEED Gold certification.

Intended to bring employees closer to work, it is a short walk to many jobs as well as Irvine Unified Schools, public transportation, dining and shopping options. Apartments range from one- to three bedrooms and include walk-in closets, energy-efficient appliances, assigned parking and balconies.

Parc Derian is the result of a public/private partnership between the Irvine Community Land Trust, C&C Development, Innovative Housing Opportunities (IHO), Lennar Corporation, and the City of Irvine.

Finding solutions to the housing and homelessness crisis has been a priority for me, both as a member of the Irvine City Council and as Chair of the Irvine Community Land Trust.  Irvine has been a model in this area and the Land Trust concept, now being adopted by Orange County and many other cities, is something that Irvine has pioneered.  No other city has a Land Trust like we have, and other cities are working to copy ours.

As ICLT Executive Director Mark Asturias has stated, “Parc Derian is an excellent example of public-private partnerships working creatively to provide affordable housing for Irvine’s workforce. Every family and individual deserves the ability to afford a home in their community. Parc Derian is a tremendous accomplishment for all the partners involved and for the Irvine community. It demonstrates how a city can partner with a home-grown nonprofit such as the Land Trust and developers to bring permanently affordable housing into the community. By providing homes people can afford, they commute less, spend more time with their family, and give back to the community they live in. Irvine is stronger with affordable housing.”

Nonprofit organizations like the Irvine Community Land Trust that work to create more affordable housing are often under attack from NIMBY groups.  That’s one of the reasons why I’m so delighted to see our work recognized by those whose mission is to provide affordable housing for those in need.

I look forward to working with the Irvine Community Land Trust, community partners such as Families Forward, and community-minded businesses in the private sector to continue to provide more permanent, affordable housing for veterans, disabled persons, and working families.

 

Irvine Community Land Trust Earns Highest Award for Transparency!

As Chair of the Irvine Community Land Trust, and as a longtime advocate for more affordable housing, I am very pleased to announce that the Irvine Community Land Trust has been awarded the Platinum Seal of Transparency from GuideStar, the world’s most respected source of information on nonprofit organizations.

This award is the highest honor that GuideStar can bestow — an objective and authoritative affirmation of the Irvine Community Land Trust’s dedication to transparency and openness.

In fact, the Irvine Community Land Trust trust goes well beyond what is expected of a typical nonprofit by voluntarily keeping our board meetings open to the public, by making our board agendas and minutes, going back to 2012, available online, as well as by making our financials and tax returns available online for all to see.

Nonprofit organizations like the Irvine Community Land Trust that work to create more affordable housing are often under attack from NIMBY groups.  That’s one of the reasons why I’m so delighted to see that GuideStar, a universally well-respected and objective organization, has officially recognized the commitment to openness of the Irvine Community Land Trust with their highest award for transparency!

You can read more about my work with the Irvine Community Land Trust to create more affordable housing here, herehere and here.

 

Irvine Community Land Trust Featured in Case Study in UC Berkeley’s Affordable Housing Series

As Chair of the Irvine Community Land Trust, and as an Irvine City Councilmember who has made helping to create affordable housing a priority, I am excited that the Land Trust was recently featured in a case study by the Terner Center for Housing Innovation at UC Berkeley, exploring the impact that local efforts can have in improving the state’s housing crisis.

The Terner Center explains that “Cities have an important role to play in addressing California’s affordable housing shortage, and local policies such as community land trusts, reforming impact fees, and reducing barriers to multi-family housing production can all make a significant difference. Made possible by the support of California’s Department of Housing and Community Development, the Terner Center has conducted a series of case studies to explore how action at the local level can help to address the state’s housing shortfall.”

Irvine Community Land Trust Chair Melissa Fox with Affordable Housing Award for ICLT’s Parc Derian

The case study explains that “Homes for sale or rent within a CLT [Community Land Trust} are permanently held below the market cost while also offering the potential for residents to build equity and share in the economic advancement of their neighborhood.

Faced with rising housing costs and a steady decline in affordable homes, Irvine, California created the Irvine Community Land Trust (Irvine CLT) in 2006 to ensure that all new units created using a public subsidy or as a result of the city’s inclusionary housing ordinance would remain affordable in perpetuity.”

It notes that the Land Trust has recently run into greater opposition from some residents who oppose additional housing, noting that “While
initially the Irvine CLT only developed on vacant land without much neighborhood opposition, the CLT reported that they had
begun to experience neighborhood resistance to an infill project.”

In fact, one of the most difficult to overcome obstacles to creating affordable housing throughout California is resistance from the affluent neighbors, which was the subject of a special — and packed — session at the 2019 Housing California Conference I attended this month in Sacramento.

At the Irvine Community Land Trust, we have sought to overcome resistance and generate community support by voluntarily continuing to keep our board meetings open to the public, by making our board agendas and minutes, going back to 2012, available online, as well as by making our financials and tax returns also available online.

You can read the Terner Center Case Study, which is part of its series “Statewide Goals, Local Tools: Case Studies in Affordable Housing Development in California,” here.

You can read more about my work with the Irvine Community Land Trust to create more affordable housing here, here and here.

 

I’m Attending the 2019 Housing California Conference as Chair of the Irvine Community Land Trust, Working with Experts, Legislators, and Community Advocates to find Practical Solutions to California’s Housing and Homelessness Crisis.

I’m in Sacramento for the next three days lobbying for housing and attending the 2019 Housing California Conference as Chair of the Irvine Community Land Trust.

Housing California is the “voice in the state Capitol for children, seniors, families, people experiencing homelessness,and everyone who needs a safe, stable, affordable place to call home.”

Irvine City Councilmember Melissa Fox with Kelsey Brewer of Jamboree Housing Corporation at the 2019 Housing California Conference.

The vision of the Housing California is creating “a California in which no one is homeless and everyone can afford a safe, stable place to call home in a healthy and vibrant community.”

The Housing California Annual Conference started in 1979 with a small gathering across the street from the State Capitol, and has since grown into the largest and most diverse affordable housing and homelessness conference in the country.

The 2019 Housing California Conference focuses on the most crucial issues for housing in our state, including legislative, electoral, administrative, and budgetary policy strategy and solutions pertaining to affordable housing and homelessness; supportive housing, rapid re-housing, emergency responses, and bridge housing; affordable housing development including construction, design and entitlement, sustainable practices, and development innovations; affordable housing finance and asset management; and diversity, equity, and inclusion.

Housing is truly the issue of our time in California, and helping to create more affordable and attainable housing, especially for seniors, young families, veterans, and people with disabilities, has been an important focus of my career as a public official.

In 2018, I was elected to serve as Chair of the Irvine Community Land Trust, guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  

I am excited to learn and share ideas, and to work with experts, legislators, and community advocates to find practical solutions to California’s housing and homelessness crisis.

I will keep you posted!

 

Irvine Community Land Trust Seeks Two New Volunteer Board Members to Help Us Create Affordable Housing!

As Chair of the Irvine Community Land Trust (ICLT), I am pleased to announce that the Land Trust is seeking two new volunteer board members who are passionate about helping us create affordable housing!

In order to expand and diversify the skillset of the Board, the ICLT is specifically looking for experts in either accounting and finance, fundraising, information technology or public relations and marketing. These traits are critical to the organization’s future plans as it executes on its mission to bring 5,000 affordable homes to the City of Irvine.

A non-profit organization, the ICLT efficiently addresses a dire need in the city of Irvine with significantly less impact on taxpayers. Since 2006, the ICLT has created more than 325 permanently affordable homes, with an additional 80 apartments and 68 townhomes in the pipeline.

In addition to the Accounting, Fundraising, PR/marketing and/or IT backgrounds, the ideal candidate should:

  • Live and/or work in the City of Irvine.
  • Be available to meet once a month with the full board. Usually those meetings are the third Monday of each month from 4 to 6 p.m.
  • Be available to contribute additional time for subcommittee meetings several times a year.

Candidates will be interviewed by a subcommittee; finalists may be interviewed during an upcoming board meeting. Successful candidates elected to the board will serve a two-year term.

To request a New Board Member Application and a full description of the duties and responsibilities of the ICLT Board Members, email info@irvineclt.org.

Deadline to submit applications is April 15.

About the Irvine Community Land Trust

The Irvine Community Land Trust was created by the City of Irvine to provide secure, high-quality affordable housing through the operation of a non-profit community land trust, securing and retaining title to land on which permanently affordable rental, ownership and special needs housing will be constructed and maintained for the benefit of income-eligible families.

In 2017, the Land Trust became an independent agency, allowing greater operational efficiency while maintaining public involvement through its partnership with the City.

The vision of the ICLT is that by the year 2025, the ICLT will have created approximately 5,000 units of permanently affordable housing in the City of Irvine, contributing more than 50 percent of the City’s 2025 goal of 9,700 affordable units. In addition, the ICLT will conduct a monitoring program and provide stewardship for these units, insuring high-quality construction, design, sustainability, maintenance and permanent affordability. ICLT will achieve self-sufficiency by ensuring that fees and other earned income are sufficient to support the organization’s ongoing operating costs.

Here is a video that shows why we’re so proud of the work of the Irvine Community Land Trust:

I hope you’ll join us!

What I’m Listening for in the Mayor’s 2019 State of the City Address

Irvine Mayor Don Wagner will give his “State of the City” address at the Irvine City Council meeting on Tuesday, February 26, 2019.

The Mayor will have many positive things to talk about, including the tremendous progress that we’ve made on fulfilling the promise of the Great Park — a new 80,000 square-foot ice arena, a 1200-seat Great Park Championship Baseball Stadium and new additional baseball and softball fields, a 5,000-seat Championship Soccer Stadium, a 2.5 mile nature corridor, plus an agreement with Wild Rivers to build a new water park and an exclusive negotiating agreement with Pretend City Children’s Museum to relocate in the Great Park

He will remind us that Irvine remains America’s safest city and was recently declared one of the safest cities in the world.

He will also note that Irvine was rated the number one city in the nation in fiscal strength.

He can also speak positively about the advances that our City Council has made in providing for greater openness and transparency in our budget process, pointing to our new two-year budget cycle, our new five-year planning program and our new Irvine Sunshine Ordinance that expands public notice of agenda items to four times longer than California law requires.

These are indeed wonderful accomplishments that the Mayor, the entire City Council, and all residents of Irvine should be proud of.

But much more remains to be done and problems remain to be solved.

Here is what I would like to hear the Mayor address:

Climate and the Environment

Irvine must become ever more environmentally responsible and should be a national leader in meeting the existential ecological demands of the future.

As Chair of the Irvine Green Ribbon Environmental Committee, I have helped guide Irvine toward greener policies related to energy, recycling and waste management, mobility, open space and water issues.

But more must be done.

I would like to hear the Mayor commit to establishing a Climate Action Plan for Irvine, with the goal of eliminating half of all greenhouse gas emissions in the city and aiming for all electricity used in the city to be from renewable sources by 2035.

Climate Action Plans make it easy for the public to see what cities plan to do to meet state targets for reducing greenhouse gas emissions. Sprinkling such actions throughout the General Plan is not as transparent and is not in the best interest of the public.

Other cities, including San Diego, Los Angeles, Long Beach, Seattle, Baltimore, Phoenix and Houston already have Climate Action Plans.  As the self-proclaimed City of Innovation, Irvine should be a leader in this national effort.

An Irvine Climate Action Plan would benefit both the environment and the regional economy, creating new jobs in the renewable energy industry, improve public health and air quality, conserve water, more efficiently use existing resources, increase clean energy production, improve the quality of life, and save taxpayer money.

Most importantly, a Climate Action Plan would fulfill our obligation to ensure that Irvine remains a beautiful green city for future generations.

Traffic Congestion and Traffic Safety

We have made significant progress in alleviating Irvine’s traffic congestion.  We expanded the iShuttle to provide more transportation.  We’ve enabled left-hand turns in some intersections to allow traffic to move faster and more efficiently.  We’ve widened roads and made other improvements.

But we need to do more.

I would like to hear the Mayor announce a plan to create a greener, smarter, and more efficient transportation future by further expanding our iShuttle.  For example, a route that would take people from UCI to the Spectrum would be good for both Irvine traffic reduction, Irvine’s air quality, as well as for UCI students and Spectrum businesses.

Our roads are not only too often congested, they are also becoming too dangerous, as people fail to obey stop signs and follow the rules of the road.

I have been working with residents and the Irvine Police Department on improving the safety of our pedestrians and bicyclists, especially our children, and I held a Town Hall Meeting on Traffic Safety with the Chief of Police, but more must be done.

I would like to hear the Mayor propose a major comprehensive traffic safety project, focusing on ensuring motorists come to a full stop at stop signs.  This project would involve education, increased enforcement and deploying more advanced stop sign technology.

Many cities have lighted stop signs.  Irvine should have them as well.  Our Irvine Police should also receive a clear mandate from the Mayor and the City Council to take whatever enforcement actions are necessary to make our streets safer for our residents.

The Great Park

Irvine has made tremendous progress on fulfilling the promise of the Great Park and all of us should be proud of what we’ve accomplished.

I am looking forward to the Grand Opening of the new 270,000-square-foot Great Park Ice Area — the largest ice-skating facility in California and one of the largest in the United States.

I am also looking forward to the announcement of further progress on the return of Wild Rivers Water Park.

I also continue to support a veterans cemetery within the hallowed grounds of the former Marine Air Station El Toro, where so many brave men and women flew to Vietnam and other war zones, some never to come back.  My proposal (along with Christina Shea) to locate the veterans cemetery on land that had been intended as a golf course has been through the Commission process and will soon come before the City Council.

What I would like to hear the Mayor speak about tonight is a vision and a plan for completing the next crucial phase of the park – the Cultural Terrace.

The City Council entered into an exclusive negotiating agreement to bring Pretend City Children’s Museum to the Cultural Terrace.  When the relocation of Pretend City to the Great Park Cultural Terrace initially came before the City Council in 2017, I strongly supported it and was disappointed when we did not have the votes to act at that time.  I am extremely pleased that we have moved forward this year.

But much more needs to be done to truly create the Cultural Terrace as the jewel of the Great Park.

I believe the Great Park’s Cultural Terrace would be the ideal location for a natural history museum, showcasing the natural history of our area.

Importantly, the history of the Juaneno/Acjachemen and Gabrielino/Tongva — our County’s indigenous people — needs to be told!

In fact, while Orange County is the only county in Southern California that does not have a natural history museum, Orange County is already home to a fabulous collection of fossils and artifacts in the Dr. John D. Cooper Archaeological and Paleontological Center, now located in several warehouses in Santa Ana.  This rich history of fossils and artifacts, perhaps one of the most important fossil-bearing areas in North America, if not the world, needs to be curated and displayed.

Our county’s rich store of fossils and artifacts ought to be open to all in a magnificent museum – a new Orange County Natural History Museum in the Great Park!

I have also made clear my support for the California Fire Museum and Safety Learning Center, and for preserving the heritage of our California firefighters in a permanent facility in the Great Park.

I have also long been a strong advocate for botanical gardens in the Great Park’s Cultural Terrace.  In fact, every survey we’ve done has shown that gardens are among amenities that people most want in the Great Park.

I agree with the Great Park Garden Coalition that “We need places where children can experience nature and explore, where all can find refuge from the ever-increasing urban density and traffic, where people of all ages and abilities can experience beautiful outdoor spaces. All great urban parks have great garden spaces: Golden Gate Park, Central Park, Balboa Park.”

The Great Park in Irvine should, too.

Homelessness and Attainable Housing

As we all know, Irvine is among the most expensive real estate markets in the nation; for this reason, there is a tremendous need for, and tremendous obstacles to, affordable housing.

Finding solutions to the housing crisis and alleviating homelessness has been a priority for me, both as a member of the Irvine City Council and as Chair of the Irvine Community Land Trust.

Irvine has been a model in this area and the Land Trust concept, now being adopted by Orange County and many other cities, is something that Irvine has pioneered.  No other city has a Land Trust like we have, and other cities are working to copy ours.

I’m proud of what the Irvine Land Trust has accomplished in the past year.

In 2018, we opened Parc Derian, which brings 80 new units of housing for working families, veterans, and special-needs residents of Irvine.  We also began work on Salerno, a new 80-unit rental community. Like Parc Derian, Salerno will provide permanent affordable housing for working families, veterans, and special-needs residents of Irvine.

Significantly, we have begun to develop our first homes for ownership with help from a new partnership with Habitat for Humanity of Orange County. This new Irvine community, called Chelsea on Native Spring, located north of Irvine Boulevard, will include 68 affordable home for sale to income-eligible veterans, working families, and young professionals.

In all, that’s 466 households, and more than a thousand people, who can comfortably live, work and raise families in Irvine directly because of the work of the Irvine Community Land Trust.

In addition to my work on the Irvine Land Trust, I have traveled to Pittsburgh and San Antonio to see what other cities have done to successfully combat homelessness, and I have traveled to Sacramento to encourage the legislature to revise regulations and the tax code to make it easier to build affordable housing.

I would like to hear the Mayor reaffirm Irvine’s commitment to support the Irvine Community Land Trust as successful model for other cities to emulate in providing housing for diverse income levels.

I would also like to hear the Mayor present his vision for alleviating the homelessness crisis, and especially what role he envisions Irvine should play in providing shelter and services, especially in light of the case in federal court.

How will he work with the federal court and Board of Supervisors to tackle this crisis on a truly regional basis, and how will he get the Board of Supervisors to spend the money and resources that they have been given specifically to deal with homelessness on an actual solution?

Working Together in an Inclusive Democracy  

Our City Council is no longer gridlocked in the partisan bickering that prevented progress for so many years; we have seen that we need to work together to improve the lives of all of Irvine’s residents.

I would like to see our city leaders display the truly democratic spirit that united all decent people in our community in condemning religious and racial bigotry, and not the divisiveness that is created when wedge issues, outside our jurisdiction and purview, are brought before the City Council.  Focusing on these wedge issues does not produce positive policies that bring our city together, but instead a theatrical politics of division that can only drive us apart.

I would like to hear the Mayor reach out to those of us on the other side of the aisle, as he has often done, recognizing that it is best for our city and our residents when we work for the common good by looking for common ground.

A Vision for our Great City of Irvine

Our great City of Irvine is truly blessed with wonderful people, a beautiful natural environment, thriving businesses, and remarkable schools.

What Irvine needs is a vision for the future that focuses and energizes our continued quest for being the very best place in the world to live, work and raise a family.

The event begins with a reception at 5:00 p.m., followed by the Mayor’s address at 6:00 p.m.

Both the “State of the City” address and the reception are open to the public. No RSVP is necessary to attend.

The Civic Center is located at 1 Civic Center Drive, Irvine CA 92606-5207.  Call 949-724-6077 for more information.

I hope to see you there!

City of Irvine Wins National Awards for Budgeting and Fiscal Transparency!

I am proud to announce that the City of Irvine has been awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association of the United States and Canada (GFOA).

The award is the highest form of recognition in government budgeting for a city.

It is a significant achievement by the City of the Irvine. The award reflects the commitment of the Irvine City Council, our City Manager, and City staff to meeting the highest principles of governmental budgeting.

In order to receive the budget award, the City had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as: a policy document, a financial plan, an operations guide, and a communications device. Budget documents must be rated “proficient” in all four categories, and the 14 mandatory criteria within those categories, to receive the award.

In addition, the City received the Excellence Award for Fiscal Year 2018-19 Operating Budget from the California Society of Municipal Finance Officers.

There are more than 1,600 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA’s website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

These awards come at a crucial time as the City of Irvine begins to apply several increases in fiscal responsibility and government transparency that I strongly urged and supported — a two-year budget in the context of a comprehensive five-year financial plan and an Irvine Sunshine Ordinance that expands review time of all regular agenda items to 12 days.

Last year, the City of Irvine received the Certificate of Achievement for Excellence in Financial Reporting for the Comprehensive Annual Financial Report from the Government Finance Officers Association , as well as two other prestigious awards: The GFOA Distinguished Budget Presentation Award representing the City’s commitment in meeting the highest principles of governmental budgeting, and the California Society of Municipal Finance Officers Award for Excellence in Operational Budget.

I also received the Orange County Taxpayers Watchdog Award from Orange County Auditor-Controller Eric H. Woollery, along with Mayor Don Wagner and Councilmember Christina Shea.

As a member of the Irvine City Council, I am extremely proud of these awards. But much more important to me is the fact that our City is truly serving its residents with fiscal responsibility and transparency.

I ran for City Council on a platform of using my skills as a business attorney to safeguard every public dollar, and I have kept that promise by making sure that Irvine is financially transparent and doesn’t spend more than it can afford.

These awards reflect the commitment that I and my colleagues on the Irvine City Council, as well as our Finance Commissioners and our professional City staff, have made to the taxpayers and residents of Irvine, and to the principles of government transparency and fiscal responsibility.

Government transparency and fiscal responsibility should be neither a conservative nor a liberal idea, but appeal to both, as we strive to address increasing social needs with limited resources.

 

 

Making Affordable Housing a Reality: My Remarkable Year with the Irvine Community Land Trust!

In 2018, I was elected to serve as Chair of the Irvine Community Land Trust, guiding its mission of providing secure, high-quality affordable housing for the benefit of income-eligible families.  Like all Irvine Community Land Trust Board Members, I serve as a volunteer, without compensation.

I am very proud of what we accomplished at the Irvine Community Land Trust (ICLT) this year!

As we all know, Irvine is among the most expensive real estate markets in the nation; for this reason there is a tremendous need for, and tremendous obstacles to, affordable housing. 

Finding solutions to the housing and homelessness crisis has been a priority for me, both as a member of the Irvine City Council and as Chair of the Irvine Community Land Trust.  Irvine has been a model in this area and the Land Trust concept, now being adopted by Orange County and many other cities, is something that Irvine has pioneered.  No other city has a Land Trust like we have, and other cities are working to copy ours.

Here is a short video that explains the work the Irvine Community Land Trust does to create more affordable housing in Irvine:

2018 was truly a remarkable year for the Land Trust.

In 2018, we opened Parc Derian, which brings 80 new units of housing for working families, veterans, and special-needs residents of Irvine. Located in the Irvine Business Complex, Parc Derian is a beautiful multifamily community with a pool, tot lot, private parking, exercise center, computer lab, and onsite resident services.

Designed to bring employees closer to work, it is a short walk to many jobs as well as Irvine Unified Schools, public transportation, dining and shopping options. Apartments range from one- to three bedrooms and include walk-in closets, energy-efficient appliances, assigned parking and balconies.  Parc Derian is the result of a public/private partnership between the Irvine Community Land Trust, C&C Development, Innovative Housing Opportunities (IHO), Lennar Corporation, and the City of Irvine.

Also in 2018, we began work on Salerno, a new 80-unit rental community. Like Parc Derian, Salerno will provide permanent affordable housing for working families, veterans, and special-needs residents of Irvine.

Significantly, in 2018 we began to develop our first homes for ownership with help from a new partnership with Habitat for Humanity of Orange County. This new Irvine community, called Chelsea on Native Spring, located north of Irvine Boulevard, will include 68 affordable home for sale to income-eligible veterans, working families, and young professionals.

Homes will be sold to first-time homebuyers who earn up to 120 percent of the area’s medium income. In an area where the median home price is $727,000 and average annual income is around $80,000 for a family of four, many people are priced out of the market and face housing and financial uncertainties while trying to build a life in Irvine. The Chelsea on Native Spring project aims to keep those people in Irvine, especially military veterans, teachers, nurses, and young professionals.  It is expected to begin construction in 2019.

In addition to these new projects, we continued in 2018 to provide quality housing and services to 238 households living at Alegre Apartments and Doria Apartment Homes.

In all, that’s 466 households, and more than a thousand people, who can comfortably live, work and raise families in Irvine directly because of the work of the Irvine Community Land Trust.

In 2018, I traveled to Pittsburgh, Pennsylvania, to represent the Irvine Community Land Trust at a national conference on affordable housing and traveled to Sacramento, where we moved forward to convince the California Legislature to remove tax barriers to creating permanent affordable housing, meaning that more affordable housing could be built in California. We expect that this year we will have the support we need to pass the legislation and I am again making the trip to Sacramento to secure more affordable housing in our state.

It should also be noted that in 2018, the Irvine Community Land Trust became an independent 501(c)(3) nonprofit corporation. This development was envisioned as eventual in the City’s initial 2006 plan for the Land Trust, which states that the trust shall become self-sustaining and independent after it attains 200 affordable housing units. That threshold was crossed in 2017, and the Irvine Community Land Trust now owns more than 200 homes in three Irvine communities.

The move to become independent from the City of Irvine is designed to make it easier for donors and strategic partners to contribute materials, services, and funds on a tax-free basis, therefore increasing the resources that the Irvine Community Land Trust has to create more affordable housing.

The City of Irvine and its residents also benefit from the separation due to the financial savings in regard to staff salary and office space, which will no longer be provided by the City.

As ICLT Executive Director Mark Asturias explained, becoming legally independent from the City “is a tremendous win-win for both the Land Trust and the citizens of Irvine.  We can operate more efficiently and with less reliance on taxpayers, and we can apply a greater focus on our core mission – to provide high-quality affordable housing to the community.”

Moreover, in the interest of maintaining transparency and community engagement, the Irvine Community Land Trust, on my motion, has voluntarily opened all meetings to the public.  The open session format will allow members of the community to come, hear and be heard on programs and projects being implemented by the Land Trust Board.

Through this meeting format the Land Trust Board hopes to generate community interest and support for its programs, and foster collaboration on its mission to build quality affordable housing for Irvine residents.

I have also called for a City Council vote to apply the City’s Sunshine Ordinance to all non-profit agencies that receive significant funding from the City of lrvine.

Accordingly, for the January 8, 2019 City Council meeting, I have requested a presentation from City staff followed by discussion and direction from the City Council, regarding the application of the City’s Sunshine Ordinance to all non-profit entities in the community that receive significant funding from the City. Please come to the Irvine City Council meeting on Tuesday, January 8, 2019, to discuss this important matter.

Stay tuned to this blog, as well as the Land Trust’s newly launched Facebook and Linkedin pages, for more information on our progress in creating affordable housing.

2019 promises to be even more positive and exciting!

 

Let the Sunshine In! Apply Irvine’s Sunshine Ordinance to All Non-Profits Receiving Significant City Funding!

Let the sunshine in!

As an Irvine City Councilmember, I am proud of my record regarding increasing government accountability, openness, and transparency.

In 2017, I received the Orange County Taxpayers Watchdog Award for “demonstrating dedication to the protection of taxpayer funds and for the advocacy of government transparency and fiscal responsibility.”

In February 2018, I was the only member of the Irvine City Council to oppose Measure D, because I believe that Irvine residents must continue to have a strong voice in determining how our city grows.

This year, I enthusiastically supported the City’s adoption of the Irvine Sunshine Ordinance, which expands public notice to four times longer than California law requires and will prevent government action without full and informed participation and input from the community.

In addition, I have supported approval of a two-year budget cycle, up from the present one-year budget, along with a five-year financial planning program, to bring more accountability to government spending.

We need to do more.

This week, on my motion, the Irvine Community Land Trust, which I chair, has voluntarily opened all future meetings to the public. 

The Irvine Community Land Trust intends the open meeting format to allow members of the community to come, hear, and be heard on programs and projects being implemented by the board.  Through this meeting format, the Land Trust hopes to generate input, interest, and support for its projects and funding programs from the community. All Irvine Community Land Trust board meetings will be open to the public beginning the next regularly scheduled meeting.

I have also called for a City Council vote to apply the City’s Sunshine Ordinance to all non-profit agencies that receive significant funding from the City of lrvine.

Accordingly, for the January 8, 2019 City Council meeting, I have requested a presentation from City staff followed by discussion and direction from the City Council, regarding the application of the City’s Sunshine Ordinance to all non-profit entities in the community that receive significant funding from the City.

Please come to the Irvine City Council meeting on Tuesday, January 8, 2019, to discuss this important matter.

You can find more information about speaking at our Irvine City Council meetings here.

See you there!

Irvine Community Land Trust Opens New Affordable Housing for Working Families, Veterans, and Special Needs Residents

As Chair of the Irvine Community Land Trust, I am extremely proud of the Land Trust’s most recent affordable housing accomplishment, Parc Derian, which brings 80 new units of housing for working families, veterans, and special-needs residents of Irvine.

Perc Derian officially opened on August 3, 2018.

Here is a news report from Affordable Housing Finance that I am delighted to share with you:

AFFORDABLE HOUSING FINANCE
Development to Help Fill Housing Need in Irvine, Calif.

Parc Derian will serve working families and others with special needs.

By Donna Kimura

August 13, 2018

The recently completed Parc Derian brings 80 units of housing for working families, veterans, and special-needs residents in Irvine, Calif.

The development is a public/private partnership between C&C Development, Innovative Housing Opportunities (IHO), Lennar Corp., the city of Irvine, and the Irvine Community Land Trust.

Located in the heart of the Irvine Business Complex, a major economic and job hub for the city, Parc Derian had 2,000 households on its interest list, from which 80 households were selected by lottery and all moved in within 30 days. Twenty percent of the units are designated for veterans

Developed on a 2.2-acre urban infill site as part of Irvine’s inclusionary zoning plan, the apartment community features almost a half-acre of open space, and residents are served by 5,000 square feet of community space with such amenities as a fitness room, a community room, on-site laundry facilities, and secured bicycle storage. A second-floor exterior podium deck encompasses a tot lot, an outdoor barbeque and fireplace pavilion, a swimming pool, and a community garden.

Designed by KTGY Group, the $33.6 million Parc Derian is a four-story structure featuring contemporary architecture that incorporates urban-inspired elements and finishes and is designed to achieve a LEED Gold certification. It utilizes sustainable building methods such as low-e energy-conserving windows, water saving plumbing fixtures, and LED lighting throughout the property. Advent Cos. is the general contractor.

“Parc Derian underscores our mission to design and build affordable housing that is indistinguishable from market-rate housing and provides a secure and comfortable environment for families and individuals that improves their lives and lifestyle,” said Todd Cottle, a C&C Development principal. “Design and quality of craftsmanship that is represented by Parc Derian play an important role in our properties, especially in inclusionary zoning environments such as the city of Irvine.”

Ranging in size from approximately 635 to 1,203 square feet, the one-, two-, and three-bedroom apartments have private balconies and patios and are designed to accommodate large families and special-needs individuals with household incomes between 30% and 50% of the area median income (AMI). Monthly rents range from $527 for a one-bedroom apartment to $1,218 for a three-bedroom unit, significantly lower than monthly rents for comparable market-rate apartments in the Irvine area.

To provide housing for residents with special needs, C&C Development and IHO have partnered with Families Forward to set aside apartments that are designed for family households that are experiencing homelessness or are at risk of homelessness. Families Forward assists people in crisis to achieve and maintain self-sufficiency through housing, counseling, and education.

The developers have also partnered with the Regional Centers of Orange County and United Cerebral Palsy to set aside apartments for developmentally disabled residents. The organizations help residents with disabilities reach their full potential, improve their quality of life, and foster an attitude of acceptance and inclusion.

Residents will further benefit from social services such as health and education enhancement programming offered by Lighthouse Community Center and IHO.

Parc Derian is an excellent example of public-private partnerships working creatively to provide affordable housing for Irvine’s workforce, according to Mark Asturias, executive director of the Irvine Community Land Trust, which provides land that is leased to developers such as C&C Development to build housing that will remain permanently affordable.

“Every family and individual deserves the ability to afford a home in their community,” Asturias said in a statement. “Parc Derian is a tremendous accomplishment for all the partners involved and for the Irvine community. It demonstrates how a city can partner with a home-grown nonprofit such as the Land Trust and developers to bring permanently affordable housing into the community. By providing homes people can afford, they commute less, spend more time with their family, and give back to the community they live in. Irvine is stronger with affordable housing.”

The $33.6 million Parc Derian was financed with low-income housing tax credits from the California Tax Credit Allocation Committee, a construction loan provided by Bank of America Merrill Lynch, and a permanent loan through the California Community Reinvestment Corp.

The housing tax credits, which were syndicated by National Equity Fund, generated approximately $18.4 million in equity. Additional financing was invested by the City of Irvine and Lennar Corp.