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HomeMy WebLinkAboutItem 1G73-710 Fred Waring Drive, Suite 100, Palm Desert, CA 92260 | lifttorise.org Good afternoon, Mayor Grace Garner, Mayor Pro Tem Jeffery Bernstein, and distinguished Councilmembers, On behalf of Lift to Rise, we support staff’s recommendation to approve the amendments in question that would extend the affordability period for the property located at 2990 East Tahquitz Canyon Way. We applaud the City and the property owner for proactively mitigating what could have been disastrous for the low-income tenants who live at the property. We also urge the City to diligently take stock of which other properties in Palm Springs have affordability covenants expiring within the next three years and create proactive solutions to addressing the housing needs of the tenants of those properties when those covenants eventually expire. Furthermore, in addition to continuing to encourage the production of more affordable housing in Palm Springs, the City should also closely monitor any building-wide “voluntary” moveouts and evictions in properties with soon-to-be expiring affordability covenants and establish a system through which residents can make claims if they feel they are being evicted without due cause. Tahquitz Court Apartments is a 107-unit affordable housing development in the City of Palm Springs. It includes 17 One Bedroom units (13 low-income, 4 very low-income), 74 two- bedroom units (37 low-income, 37 very low-income), and 16 three-bedroom units (14 low- income, 2 very low-income). It is near Palm Springs High School, a bus stop, and a short distance from a grocery store. The amenities of Tahquitz Courts have benefits to the community at large. Moreover, it is a place that many low-income families and residents call home. Residents can send their children to nearby schools, have access to public transportation, and most importantly, live in the city where they work in. According to the city’s Housing Element, 27 percent of the population work service jobs that include food and beverage, healthcare support, and maintenance. The average earnings for a person in the service industry is between $21,000 to $26,400. A one-bedroom apartment costs approximately $2,040 (At a 200% Fair Market Rate). The average renter’s wage is $17 per hour, and a person would have to work 120 hours (about 5 full days) to earn enough to pay for their monthly rent. In addition, the average cost of a home in Palm Springs is $1.2 million; Palm Springs has seen a dramatic increase in home prices in recent years. According to the city’s Housing Element, the median sales price increased by 83 percent for a single-family home and increased by 75 percent for condominiums from 2012 to 2019. Housing prices increased more than six times the change in median household income. For service workers that means they can no longer afford to buy a home in the city they work in. We applaud the city for its efforts to increase the production of affordable housing, including the hundred units that are currently planned and under construction within your jurisdiction. 03/09/2023 Public Comment Item 1G 73-710 Fred Waring Drive, Suite 100, Palm Desert, CA 92260 | lifttorise.org However, we cannot forget that we also need to meet our regional affordable housing goals and we cannot do so if we are losing affordable units due to expiring covenants. Lift to Rise was formed to transform the systems that generate supply of affordable housing, recognizing that the combination of low wages and high housing costs are the root causes of financial precarity among Coachella Valley residents. Together with over 60 cross-sector partners, including the City of Indio, we have coordinated a shared goal of reducing the regional housing cost burden at a population level through the production of 10,000 units of affordable housing in the Coachella Valley by 2028. We are operating off a shared Action Plan which spans 5 key strategy areas: 1. aggregating a pipeline of community-prioritized projects across the valley, 2. growing a regional Housing Catalyst fund to spur production, 3. advocating at the local, state, and federal level for policies and regulatory changes that support housing production in our region, 4. engaging and mobilizing residents and elected officials in support of affordable housing, and 5. keeping residents housed through a coordinated eviction prevention strategy. We stand ready as a collaborative to support the city to increase affordability. We thank the City of Indio for joining us in this work thus far and urge the City Council to continue to prioritize the production of affordable housing to ensure that all residents are healthy, stable, and thriving and urge you again to prioritize affordability with this Pro Housing Designation application. Thank you for your time. Lift to Rise 03/09/2023 Public Comment Item 1G