LOS ANGELES, CA – The Board of Supervisors today approved a motion authored by Los Angeles County Supervisor Hilda L. Solis, and co-authored by Supervisor Sheila Kuehl, expanding the Pilot Community Land Trust Partnership Program to include non-Chapter 8 properties – properties suitable for affordable housing and necessary to protect rent-burdened households from falling into homelessness due to the economic fallout from the COVID-19 pandemic.
“The COVID-19 pandemic has exacerbated Los Angeles County’s housing crisis, creating even more housing insecurity and economic instability,” said Supervisor Solis. “This unprecedented global pandemic requires unprecedented actions to protect vulnerable families who are on the brink of homelessness. The actions taken today will ensure that people are not displaced both during and after the pandemic. We are all in this crisis together, and we are all better off when everyone has a place to call home.”
“I am extremely glad to see expanded resources go to the County’s Community Land Trust pilot,” said Supervisor Sheila Kuehl. “The County has recently embraced this model in order to provide communities with an opportunity to preserve affordable housing in their neighborhoods.”
On September 29, 2020 the Board directed the Chief Executive Office, Treasurer Tax Collector (TTC), Los Angeles County Development Authority (LACDA), and County Counsel to develop a process to help secure tax-defaulted properties through Chapter 8 Agreement Sales for Community Land Trusts (CLTs) to create long-term affordable housing. Further, the motion instructed the departments to establish a Pilot Community Land Trust Partnership Program and solicit partnerships with CLTs and nonprofits to utilize the process.
Beginning last month, the CEO convened a working group consisting of TTC, LACDA, and County Counsel, and the Los Angeles Community Land Trust Coalition (LA CLT Coalition). The LA CLT Coalition consists of five CLTs operating throughout the County and collectively serving all five Supervisorial Districts: El Sereno CLT, Fideicomiso Comunitario Tierra Libre, Liberty CLT, Beverly Vermont CLT, and T.R.U.S.T. South LA.
As the September 29, 2020 motion recommended, the LA CLT Coalition has established partnerships with other nonprofits including Community Development Corporations (CDC) to leverage their real estate expertise and ensure sufficient capacity to deliver projects. To that end, the LA CLT Coalition and their CDC partners identified non-Chapter 8 properties suitable for affordable housing.
The passage of today’s motion authorizes LACDA, in consultation with County Counsel, to work with the LA CLT Coalition, to expand the Pilot Community Land Trust Partnership Program to include non-Chapter 8 properties and follow the process and considerations resulting from the September 29, 2020 Board motion, including partnering with other nonprofits, such as CDC, to ensure sufficient capacity to deliver projects.
In addition, the motion finds that the funding of the Affordable Housing Programs Budget in an amount not to exceed $14,000,000 for the purchase of the non-Chapter 8 properties by CLTs, or a CDC that is partnered with a CLT for the specific project, to access funding for the acquisition and/or rehabilitation, with the intention of at least one non Chapter 8 property in each Supervisorial District, to maintain as long term affordable housing, for 99 years, is necessary to meet the social needs and public purposes of preserving affordable housing which benefits the County.
The motion also directs the County’s Development Authority to monitor the non-Chapter 8 properties to ensure that the non-Chapter 8 properties are maintained as affordable housing for a 99 year term, and execute a monitoring agreement with each of the Community Land Trusts, including collection of any applicable monitoring fees for 99 years to ensure the affordability conditions for granting of the funds from the Affordable Housing Programs Budget for the non-Chapter 8 properties are met.
To view the motion, visit http://file.lacounty.gov/SDSInter/bos/supdocs/150370.pdf.
CONTACT: Kimberly Ortega, Acting Communications Director, (213) 361-6435 or KOrtega@bos.lacounty.gov