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 Had a Wonderful Time at the 2019 Global Village Festival at the Great Park! Help Us by Make It Even Better by Taking Our Survey!

My family had a wonderful time the 2019 Global Village Festival at the Great Park!

When many immigrant communities and religious and ethnic minorities are feeling themselves under attack, the message of the Global Village Festival — “Many Cultures, One World” — was especially welcome.  The Global Village Festival was truly a celebration of the thriving diversity that is now the real Orange County.

Last year was the first time that the Irvine Global Village Festival, formerly held at Col. Bill Barber Park next to Irvine City Hall, was held at the far more expansive grounds of the Orange County Great Park.  This year was the first time that the Festival was extended to two full days.

As in past years, my favorite parts of the Festival were visiting the many different national and ethnic organizations that hosted booths and listening to the great musical performances from many cultures.  I also enjoyed the shopping, the food, watching the children play in the newly expanded Kids Village, meeting old friends and making new ones.

The City of Irvine has created a brief survey for people who attended the Festival.  By completing it, you’ll be helping us make the Festival even better in the future.  You can find the survey HERE.

Here are some of our pictures from our time at the Festival.

I look forward to seeing more of yours!

 

Join Me at Irvine’s Two-Day Global Village Festival at the Great Park!

My favorite Irvine cultural event of the year is almost here!  Experience sights and sounds from around the world on Saturday, October 12 through –Sunday, October 13, 2019, 10 a.m.–5 p.m., at the Orange County Great Park, at the Irvine Global Village Festival!

I am thrilled that, for the very first time, the Irvine Global Village Festival will run for two days at the Great Park!

In Irvine, we are proud of saying that our city is not only among the most diverse cities in the nation, it is also the most fully integrated.

There are no ethnic, linguistic, religious, or cultural enclaves in Irvine: every neighborhood reflects Irvine’s harmonious ethnic, linguistic, religious, and cultural diversity.

How diverse is Irvine?  A non-English language is spoken in a remarkable 58% of Irvine homes, with more than 70 different languages spoken in residences throughout Irvine.  Nearly 40 % of Irvine’s public-school students have a primary language other than English.

Irvine is also home to more than 80 different churches, mosques, synagogues and other places of worship, serving Irvine’s wonderful cultural and religious diversity.

This year marks the 18th anniversary of the Irvine Global Village Festival – Irvine’s largest and most attended community event.

Founded in 1998 by a group of Irvine residents to help promote understanding and build harmony within Irvine’s many diverse cultures, the Global Village Festival is now Irvine’s signature event, featuring more than 100 performances on five stages; international cuisine and food from more than 50 restaurants; an international marketplace filled with unique crafts and textiles; interactive, educational and entertaining cultural displays, demonstrations, and performances; and an international village just for kids.

More than 40 local restaurants and gourmet food trucks serve up samples of regional and international specialties from boba smoothies, miso soup, falafel, Mexican fusion tacos and German pretzels to Japanese dumplings, Hawaiian shaved ice and the all-American bacon-wrapped hot dog. Please be prepared with cash for food and beverage purchases.

At the heart of the Festival is the Community Partners Pavilion, where nonprofit, local community groups and government agencies have an opportunity to showcase their programs and services to the community.

This year, we’ve incorporated the best of Irvine’s historic fall festivals to offer a wide variety of food and music options, interactive activities, and exhibitions throughout an entire weekend. Families will delight in an expanded Kids Village with crafts, a “Seek-a-Treat” fall scavenger hunt, and a petting zoo. Attendees of all ages will enjoy samples of the best international cuisine as well as favorite festival foods for purchase; an Artisans Marketplace and the event’s first-ever art exhibition and demonstrations; and musical performances representing cultures from around the world — all while attending Orange County’s premier festival.

I’m looking forward to celebrating the many facets of Irvine’s diversity at the Global Village Festival – and I look forward to seeing you there!

Here are some important Festival details:

What: Irvine Global Village Festival

When: Saturday, October 12 and Sunday, October 13, 10:00 a.m. – 5:00 p.m., at the Orange County Great Park.

Where: Orange County Great Park, 8000 Great Park Boulevard, Irvine, CA 92618

Cost: Admission is $5:00! Please be prepared with cash for food and beverage purchases.  A $20 Family Pass offers one-day admission for up to six people. Tickets are on sale now at irvinefestival.org/buy-tickets

Parking: Parking is free, but premier parking closer to the festival site will be available for $10 on-site (cash only). Disabled person parking is available. Please have the appropriate placard visible and parking directors will route vehicles to disabled parking.

Shuttle to the Festival: UCI Students and Staff: Anteater Express Shuttle service to and from the festival will be available for UCI students and staff.

Bike to the Festival:  The easiest way to get to the Festival is by bike. The City of Irvine has an extensive system of bike trails to get you to and from the event, and once inside, riders can safely and securely store their bikes at the Festival’s free Bike Valet area, hosted by the Bicycle Club of Irvine and the Orange County Bicycle Coalition. Use Irvine’s Bike Map to plan your trip.

Pets: Dogs are welcome at the Irvine Global Village Festival! However, owners must be responsible for their pets; dogs must be on leash, interact well in a large crowd and remain in the charge of a person competent to restrain them.

See you there!

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 Us on Thursday, September 19, at 5:30–6:30 p.m. for Public Outreach on the Universal Playground Project at Sweet Shade Neighborhood Park!

Please join us on Thursday, September 19, at 5:30–6:30 p.m. for the City’s public outreach opportunity regarding the Sweet Shade Ability Center at Sweet Shade Neighborhood Park. 

This event is the public’s first opportunity to provide input that will help guide the planning and design for this important Universal Playground project.

In July 2019, the City’s Disability Services program relocated its offices from City Hall to Sweet Shade Neighborhood Park. As a renovated facility, the Sweet Shade Ability Center provides a larger, more accessible, and inviting hub for the delivery of Disability Services activities to Irvine residents. To complement this use, the City proposes to develop the City’s first Universal Playground.

Universal playgrounds are designed to be usable by all people to the greatest extent possible without the need for adaptation or specialized design, including theme-oriented playground equipment, site furnishings, and shade canopies that are well integrated with the existing park, leaving no child on the sidelines.

This public outreach event will include a staff-led tour of the existing playground and potential locations for integrating universal play elements or developing an adjacent universal playground. Planning staff will be present to answer questions about the project, and participants will be able to sign up and receive project updates.

Universal Playgrounds are designed to provide inclusive and meaningful play experiences for children of all ages and abilities. Your input will help the City of Irvine create a unique and meaningful play environment that meets universal developmental needs by providing opportunities for physical, cognitive, communicative, social/emotional, and sensory development for all children to the greatest extent possible.

I’m excited to join Irvine Community Services Commission Chair Lauren Johnson-Norris and other City officials who have been working for all of Irvine’s children at this important event.

Date: Thursday, September 19, 2019
Time: 5:30–6:30 p.m.
Location:Sweet Shade Ability Center at Sweet Shade Neighborhood Park, 15 Sweet Shade, Irvine CA 92606

See you there!

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

 

 

 

Defend Democracy. Tell the Irvine City Council: These are the Public’s Meetings!

City Councils are not private clubs. Public meetings in a real democracy should not be stage-managed by the political majority to prevent public discussion of issues that they want to avoid for their own political advantage.

Last July, while I was on a long-planned vacation to visit my son in Alaska, the Irvine City Council adopted a new anti-democratic policy that prohibits an item from being placed on the agenda unless the mayor or two city council members agree to do so.

As the Orange County Register correctly stated in a powerful editorial opposing the Council’s action, “the transparent goal is to shut down the views of the political minority.”

The new policy was in direct response to my proposal in June to fly the Gay Pride Flag from City Hall during Gay Pride Month. Although dozens of residents spoke at the meeting in support of flying the Pride Flag, the Council defeated the proposal and I was the only Councilmember to speak in favor of it.

In opposing this restrictive and anti-democratic agenda policy, the Register observed that “Public-meetings laws have a vital purpose in a free society. The public is supposed to be privy to the inner workings of government so they can witness the sausage-making legislative process in action, ugly and unappetizing as it can be. Unfortunately, many local officials act as if hearings are a show – a way to put their best foot forward before the citizenry.”

The Register also recognized that while the new rule was adopted specifically to silence me, the effect of the rule will be to silence all disagreement and dissent:

“Fox has previously discussed supposedly ‘divisive’ issues ranging from flying the LGBTQ flag at City Hall to creating a veterans’ cemetery near the Great Park. But this fracas isn’t about the particular issues any member might want to discuss, but about whether a duly elected official has the right to publicly discuss them. Councils are not private clubs . . . These are the public’s meetings and all officials, even minority voices, represent their constituencies. All elected bodies need to encourage wide-ranging discussions so the public can be part of the self-government process – and not just observers of a carefully crafted script. That’s the essence of representative democracy.”

At this Tuesday’s Irvine City Council meeting, the political majority will propose to extend this anti-democratic policy to the Great Park Board (composed of the members of the Irvine City Council) as well as to all City Commissions.

The public should not tolerate this extension of the current majority’s attack on representative democracy.

Please attend the Tuesday, September 10, 2019, Irvine City Council meeting and let them know that your City Council is not a private club. The meetings of the City Council, the Orange County Great Park, and Irvine City Commissions belong to the public and cannot be staged managed for political advantage. 

As the O.C. Register eloquently stated, “These are the public’s meetings and all officials, even minority voices, represent their constituencies. All elected bodies need to encourage wide-ranging discussions so the public can be part of the self-government process – and not just observers of a carefully crafted script. That’s the essence of representative democracy.”

As I stated in July, I have no intention of being silent.

And neither do you.