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Community Redevelopment Agencyof the CITY OF LOS ANGELESCRA/LABUILDING COMMUNITIESDATE IJAN 14 2011FILE CODE/ - .1200 West 7th Street I Suite 500T 213 977 1600 IF 213 977 1665www.crala.orgLos Angeles I California 90017-2381REVISEDRE AS UNDERLINED INRECOMMENDATIONS SECTIONCRA File No. Cf312.,.Council District: VariousContact Person: Dalila T. Sotelo(213) 977-1636Honorable Council of the City of Los AngelesJohn Ferraro Council Chamber200 N. Spring StreetRoom 340, City HallLos Angeles, CA. 90012Attention: Sharon Gin, Office of the City ClerkCOUNCIL TRANSMITTAL:Transmitted herewith, is a Board Memorandum adopted by the Agency Board on January 14,2011 City Council review and approval in accordance with the "Community RedevelopmentAgency Oversight Ordinance" entitled:VARIOUS ACTIONS RELATED TO:COOPERATION AGREEMENT WITH CITY OF LOS ANGELES FOR PAYMENT OFAPPROXIMATELY 930,000,000 FOR COSTS ASSOCIATED WITH CERTAINCRAILA FUNDED CAPITAL IMPROVEMENT, PUBLIC IMPROVEMENT ANDAFFORDABLE HOUSING PROJECTS LOCATED WITHIN THE CURRENTLYDESIGNATED 31 REDEVELOPMENT PROJECT AREASRECOMMENDATIONThat City Council approves recommendations on the attached Board Memorandum.ENVIRONMENTAL REVIEWGiven the nature of the recommended action (entering into a cooperative agreement forpayments of the cost associated with potential future redevelopment activities), conductinganalysis under the California Environmental Quality Act (CEQA) is premature at this time andis not currently required. It should be noted that anticipated developments within each of theCRAILA's existing 31 redevelopment project areas were evaluated as part of theredevelopment plan adoption process, pursuant to the provisions of CEQA. In addition, eachindividual capital improvement, public improvement or affordable housing project/activity listedin this memorandum has already been or will be reviewed separately in full compliance withthe requirements of CEQA prior to project approval and/or implementation, unless exemptedunder CEQA.FISCAL IMPACT STATEMENTThere is no fiscal impact to the City's General Fund, as a result of this action.Chh'liCJ&tcL E'"'"""Office'- - - .
CRA/LABuilding communitiesPage2Transmittalcc:Sharon Gin, Office of the City Clerk (Original & 3 Copies on 3-hole punch)Lisa Johnson Smith, Office of the CAOlvania Sobalvarro, Office of the CLASteve Ongele, Office of the MayorNoreen Vincent, City Attorney's Office
THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF LOS ANGELES, CALIFORNIAMEMORANDUMREVISEDRE AS UNDERLINED INRECOMMENDATIONS SECTIONVARIOUSDATE:JANUARY 14, 2011TO:CRA/LA BOARD OF COMMISSIONERSFROM:CHRISTINE ESSEL, CHIEF EXECUTIVE OFFICERSTAFF:DALILA SOTELO, DEPUTY CHIEF OF OPERATIONSSUBJECT:COOPERATION AGREEMENT WITH CITY OF LOS ANGELES FOR PAYMENTOF APPROXIMATELY 930.000,000 FOR COSTS ASSOCIATED WITH CERTAINCRA/LA FUNDED CAPITAL IMPROVEMENT, PUBLIC IMPROVEMENT ANDAFFORDABLE HOUSING PROJECTS LOCATED WITHIN THE CURRENTLYDESIGNATED 31 REDEVELOPMENT PROJECT AREAS.RECOMMENDATIONSThat the CRA/LA Board of Commissioners, subject to City Council review and approval:1.Authorize the Chief Executive Officer (CEO) or designee to negotiate and enter into aCooperation Agreement (Agreement) in an amount up to 930.000.000 with the City of LosAngeles (the City) for the implementation of capital and public improvements, affordablehousing and other redevelopment projects (including program delivery costs) in the currentlydesignated CRA/LA redevelopment project areas, subject to the review and approval of theCity Attorney;2.Request that the City Council adopt a Resolution or Resolutions under the California Healthand Safety Code Sections 33421.1 and 33445 finding that the use of CRA/LA funds to pay forthe construction of certain capital and public improvements are of benefit to the affectedProject Areas by eliminating blight within the Project Area and that the construction of saidimprovements is consistent with the Redevelopment Plan and the Five-Year ImplementationPlan for each Project Area and effectuates the relevant Redevelopment Plan;3.Instruct the Chief Executive Officer (CEOl or designee to increase the amount of the availableunder the Agreement by 5% ( 45 million) or 930,000,000 in order to ensure that the workprogram of all Regions and corresponding project areas are reflected in the list of projects(Attachment Al: and,4.Instruct Chief Executive Officer (CEO) to negotiate within the Cooperation Agreement thedesignation of a Successor Entity to implement the work program on behalf of the City uponthe conclusion of CRA/LA's statutorv authority; and. that such Entity be either a non-profitorganization or development corporation approved by the City Council and managed by theCEO. Chris Essel. with support from designated members of her management team and staff.
COOPERATION AGREEMENT WITH THE CITY OF LOS ANGELES2SUMMARYUnder the Agreement, CRA!LA will enter into a contract with the City providing that, among otherthings, the City will perform certain eligible activities on behalf of the CRA!LA including installation ofpublicly-owned capital improvements, public improvements, the creation and preservation ofaffordable housing projects and other redevelopment projects located throughout the 31 adoptedRedevelopment Project Areas. The contemplated activities are beyond those normally provided bythe City and are specifically intended to assist CRA!LA in addressing the removal of blight andprevention of the recurrence of blight. The obligation to pay tax increment, as set forth in theAgreement, shall constitute an indebtedness of the CRA!LA for the purpose of carrying out theRedevelopment Plans for each of the affected project areas.DISCUSSION AND BACKGROUNDCRA!LA has adopted Five-Year Implementation Plans which establish goals to support economicdevelopment, commercial, community and institutional revitalization as well as the creation andpreservation of affordable housing. To implement the programs, activities and projects associated witheach goal, CRAILA had made redevelopment fund commitments based on estimated available taxincrement revenue and debt financing structures.Currently, CRA!LA is actively involved in the development of various projects that have been identifiedin the 31 Five-year Implementation Plans. Many of the identified projects will accelerate the economicrecovery of the City as well as ensure the creation of locally based, quality jobs. The projects arelisted in Attachment A.In the current budget environment, CRA!LA's ability to carry out these objectives may be limited.Historically, CRA!LA has successfully partnered with the City to effectuate a work program. Pursuantto the California Redevelopment Law, Health & Safety Code Section 33220, certain public bodies,including the City may aid and cooperate in the planning, undertaking, construction and operation ofredevelopment projects. Building on this success, CRA!LA desires assistance and cooperation in theimplementation and completion of these activities (Attachment A). By entering into the Agreement,CRAILA will pledge the unencumbered resources in the current FY2010-11 Budget, and the Net TaxIncrement (defined as gross tax increment, less County Administrative Fees, statutory pass-throughsand debt service) from FY2011-12 through FY2015-16. The purpose of this Agreement is to facilitatethe implementation of the activities listed in Attachment A pursuant to the terms and conditionsoutlined in the Agreement.SOURCE OF FUNDSTax Increment, Bond Proceeds, Low and Moderate Income Housing Funds, City AB1290 Funds, CityAffordable Housing Trust Funds and CRA!LA Special RevenuePROGRAM AND BUDGET IMPACTThis action is consistent with the Council approved current FY2010-11 Budget and Work Program,and will ensure continued implementation of the various eligible redevelopment activities andprograms. Each of the redevelopment programs and activities are more fully described in the projectarea's respective Five-Year Implementation Plans, each of which been previously approved by theCRA!LA Board of Commissioners following a duly-notice public hearing. The action will contractuallycommit available resources ( 344,400,000) and projected Net Tax Increment from each of the active
COOPERATION AGREEMENT WITH THE CITY OF LOS ANGELES3redevelopment projects areas from FY2011-12 through FY2015-16 ( 540,600,000) to the extent thatsuch funds are realized and available. There is no adverse impact on the City's General Fund as aresult of this action; funds will flow to the City to implement the Agreement.ENVIRONMENTAL REVIEWGiven the nature of the recommended action (entering into a cooperative agreement for payments ofcost associated with potential future redevelopment activities), conducting analysis under theCalifornia Environmental Quality Act (CEQA) is premature at this time and is not currently required. Itshould be noted that anticipated developments within each of the CRA/LA's existing 31redevelopment project areas were evaluated as part of the redevelopment plan adoption process,pursuant to the provisions of CEQA. In addition, each individual capital improvement, publicimprovement or affordable housing project/activity listed in this memorandum has already been or willbe reviewed separately in full compliance with the requirements of CEQA prior to project approvaland/or implementation, unless exempted under CEQA.Christine EsselChief Executive OfficerBy Calvin E. HollisChief Operating OfficerThere is no conflict of interest known to me which exists with regard to any CRA/LA officer oremployee concerning this action.ATTACHMENTSAttachment A: List of Activities (including programs, projects)
liST OF ACTIVITIES(INClUDING PROGRAMS PROJECTSATTACHMENT A Region'I I .Project Area ' DowntownBunker HillDowntownBunker HillDowntownBunker HillDowntownBunker HillDowntownBunker t Name' Bunker Hill Close OutAdministrationArea Wide PublicPublicImprovementImprovementsParcelY 1Broad Art MuseumGrand AvenueSanta Fe Street PublicImprovements mmercialPublicImprovementOne Santa FeHousingArtists' Housing ProjectHousingArtists' ParkDowntown RiverwalkIndustrial IncentiveProgram. z- " ';., ; " Description,'' '" ""' --Various activities related toproject area.-.dose out CRA/LA Investment ---4"of' 250,000Various public improvements in the projectarea, including public art, street treereplacement, and sidewalk repairs. 1,500,000Last remaining parcel in California Plaza, tobe developed with office, commercial, housingandfor cultural uses. 5,000,000Development of 120,00 sf museum andparking facility to house the Broad Collection.Project includes ancillary uses such asstorage and conservation areas and offices.Museum endowment to be 200 million. 35,000,000Three phased mixed use development ofparcels owned by CRAJLA and LA County toinclude 5 start hotel, commercial space, andstreetscape improvements. Catalytic mixeduse project, area beautification, constructionlocal hire, increased supply of housing stock. 50,000,000Public improvements on Santa Fe between 4111111and 6 Streets.Mixed usedevelopment on site leased fromMTA at Santa Fe between 1s1 and 4111 r with Art Space to create housing forartistsCreate open space on Matteo Street in parklooor Artists District 500,000 4,000,000 5,000,000 5,000,0002-Acre riverfront park serving Arts District 5,000,000Provide financial assistance to industrialcompanies that are relocating, expanding, or"greening" their operations or facilities. ndustrialSRO HousingHousingDowntownCentralIndustrialCleanTech ech ManufacturingCenterIndustrialLand Acquisition, Public Improvement andInfrastructure for Twenty acre, CRAILA-ownedopportunity site for clean industrialdevelopment. 20,000,000DowntownCentralIndustrialAlameda Street GoodsMovement Improve.PublicImprovementUrgently-needed public improvements alongthe key industrial distribution roadway(Alameda from 1st St. to the SM Freeway) inCentral Los AnQe!es. 30,000,000DowntownChinatownOrd/Yale PedestrianLinkagesPublicImprovementCreation of stairway park that finks residentialcommunity to the civic community.IndustrialProvide annual funding for programming,operations, maintenance services andadministration of emergency, transitional andloermanent suooortive housina.Incubator located in the LADWP InnovationCampus will provide flex office space, sharedworkshop and testing facilities, and businessand administrative support for cleantech startun comnanies.Page 1 of 19 5,000,000 6,000,000 1,650,000
LIST OF ACTIVITIES(INCLUDING PROGRAMS, PROJECTS)ATTACHMENT Ac-Region' DowntownProject Area Project Name-ChinatownChinatown Cultural CapitalImplementation ion- -" "- '""'" -CRA/L:A Investment-- -Various public improvements related tomaking Chinatown a world class capital,including historic and cultural education, art,,- 2,700,000exhibitions, and public events.Mixed use development adjacent toChinatown Gold Line Station. IncludesDowntownChinatownBlossom PlazaCommercialaffordable rental units, commercial space, an 4,200,000outdoor cultural performance plaza, andublic oarkina ad a bike station.DowntownDowntownChinatownYale Street ApartmentsChinatownBusiness IncentiveProgramsHousing59 unit affordable housing for large families,including a social services enrichmentprogram facility. 4,200,000CommercialOn going program to provide fayadeimprovement grants and matchingrehabilitation loans for commercialbusinesses. 6,000,000DowntownCity CenterDowntown Open SpacePlanDowntownCity CenterCentral City East/AffordableHousingHousingDowntownCity CenterDowntown Women's Center HousingRehabilitation of an existing housing project toextend covenants and improve units 1,000,000DowntownCity CenterStar ApartmentsHousingAffordable Housing Project as new unitsabove commercial structure at 240 E. 6thStreet 1,000,000DowntownCity CenterOlympic Grand Linear ParkPublicImprovementDevelop park project in Southpark 1,500,000DowntownCity CenterDowntown Market Study &Implementation StrategyBusinessAssistanceEconomic development and land use study toinform update of the Central City CommunityPlan. 1,700,000DowntownCity CenterGateway ApartmentsHousingDowntownCity CenterBusiness IncentiveBusinessProgram (Historic Core andAssistanceFashion District)DowntownCity CenterCase HotelHousingDormitory for Jobs Corps to be reconfiguredas senior housing for SRO Housing tenants 3,000,000DowntownCity CenterNew Pershing apartmentsHousingAffordable housing project 3,000,000DowntownCity CenterPanama HotelHousingDowntownCity CenterVenice Hope HousingProjectPublicImprovementDowntownCity CenterYMCA Jobs Corps (PhaseIllPublicImprovementPublio-private partnership to increase theusable green space in Downtown LA. Theplan will explore innovative design solutionsand financing methods, identify opportunitysites, recommend policy and organizationalchanges, and provide an implementationfan.Initiative to address concentrated poverty inCentral City East, providing a balancedcommunity, stability and upward mobility.Includes coordinated policy vision and actionfan.HousingAffordable housing project (perm supportivehousina) with SRO housinoOn going program to provide fayadeimprovement grants and matchingrehabilitation loans for commercialbusinesses.Converting emergency housing intopermanent houslnawork with Mercy Housing and CaliforniaHospital to develop senior housing andoutoatient servicesHousing for graduates of the programPage 2 of 19 150,000 500,000 2,000,000 3,000,000 3,000,000 3,000,000 3,000,000
liST OF ACTIVITIESATTACHMENT A' Region''', ''DowntownProject Area"''City Center,,,' ProjectRroject Name'' - 'Bringing Back BroadwayCategory'" --'PublicImprovement'''- - ' 'Description,, ''''''Public private partnership and 10-year plan torevitalize the historic Broadway corridorbetween 211d Street and Olympic Blvd.Initiative includes historic presetvation,- 'economic development, urban planning anddesign, transportation modes, parking, theatreprogramming, marketing, capital finance and''''C:RA/LA Investment''' "d- 5,000,000I nolicies.Extensive rehabilitation of existing residentialhotel as affordable housing.DowntownCity CenterHuntington HotelHousingDowntownCity CenterMorrison HotelHousingDowntownCity CenterRehabilitation of SROHousino UnitsHousingProvide rehab funds for housing units andextend covenantsDowntownCity CenterDowntown StreetcarPublicImprovementPublic/private partnership to create astreetcar connecting the Broadway Corridor toLA Live and the Grand Avenue Project.DowntownCity CenterFashion DistrictDevelopment SitesCommercialCity CenterFigueroa Corridor Prop. 1C AffordableHousingGrant 6,000,000Acquisition of vacant hotel and adjacentDowntownproperties for redevelopment as affordableartist housing and commercial use.DowntownCouncilDistrict 9CorridorsDowntownCouncilDistrict 9CorridorsNevin Elementary PocketParkPublicImprovementDowntownCouncilDistrict 9CorridorsRalph Bunche HousePublicImprovementDowntownCouncilDistrict 9CorridorsCentral Avenue ct 9CorridorsMercado La PalomaCommercialDowntownCouncilDistrict 9CorridorsAvalon Green AlleysFood Access ProgramCommercialPublicImprovementAssist in private development of City MarketsSite and LAUSD siteHousing required for 30 million grant forstreetscape improvements to Figueroa, 11th,Washington, and Martin Luther King Jr. Blvd.Includes redesign and reconstruction ofGilbert Lindsay Park, Exposition Park SportsField, and 110 Freeway cap park feasibilitylstudvDevelopment of food access programincluding: active food basket programpromoting produce from local farmers;transportation support to and from localmarkets, including modifications to busesserving the area and increase shuttle servicesAcquisition and development of a pocket parton an industrial property adjacent to a publicelementary school. The majority of funds willbe provided through a Proposition 84 grantfrom the State of CaliforniaRehabilitation of the historic Ralph BunchHouse, located at 1221 E. 401h Place, for useas a community resource center.Continued support of the Central AvenueBusiness Association (CABA), to provide aforum for the business community on CentralAvenue, promote business activity throughmarketing efforts, and encourage smallbusiness deve!ooment.Funding to increase commercial cateringkitchen capacity, develop new spaces forrestaurant and cafe options as well as a greenracer.CRA/LA is working with the Trust for PublicLand (TPL) and formulate an innovative planto create pedestrian friendly and park likeimprovements to alleys in Southeast LosAnoe!es.Page 3 of 19 7,000,000 9,000,000 10,000,000 15,000,000 18,000,000 80,000 150,000 250,000 400,000 400,000 500,000
liST OF ACTIVITIES(INCLUDING PROGRAMS, PROJECTS)ATIACHMENT A-, ',c - Region--Project Area--'"" Project Name '----""DescriPtion ,.,- - ProjectCategory-- - -,,'''- ;; '- - "' -CRA/LA Investment Design and construct street improvementsalong Slauson Avenue at key intersections-'from the 110 Freeway to Alameda Street inorder to improve the flow of commerce to andfrom the surrounding industrial area as itDowntownCouncilDistrict 9Corridorsheads to the Port of Los Angeles, LAX andSlauson Avenue GoodsMovementPublicImprovementDowntown Los Angeles. The improvementswill also improve mobility for bus, car and 500,000pedestrian traffic. Improvements includeimproved signage for truck routes, additionalturn lanes, streetscape and sidewalkimprovements, new bus shelters, improvecrosswalks at intersections, and increased. h" DowntownCouncilDistrict 9CorridorsFigueroa ApartmentsHousingDevelopment of 34 affordable seniorapartments by Meta Housing, located at 7621S. Figueroa Street. The project will includecommunity rooms, a community garden,computer room, barbecue area, and on-sitet office.IndustrialCalko Steel is an existing steel fabricationcompany seeking to expand their business bydeveloping a new 48,500 square footmanufacturing facility at 6900 StanfordAvenue, a vacant property adjacent to theircurrent location in the Goodyear IndustrialTract. CRA/LA is facilitating the remediation ofcontaminated property and sale from theexisting owner to Calko Steel through aPurchase and Sale Agreement and OwnerParticipation Agreement. At least 51% of the47 living wage jobs provided on site will bemade available to low- and moderate-incomeresidents in the surrounding area. 1,210,000Rehabilitation of historic Dunbar Hotel andadjacent Somerville I and II properties toprovide affordable housing for low-incomeseniors and families, and contribute to therevitalization of Central Ave. 2,100,000 600,000DowntownCouncilDistrict 9CorridorsDowntownCouncilDistrict 9CorridorsDunbar Village (DunbarHotel and Somerville 1/11)HousingDowntownCouncilDistrict 9CorridorsAlameda CorridorExpansion istrict 9CorridorsWashington strict 9CorridorsCentral Avenue Jazz ParkPublicImprovementDowntownCouncilDistrict 9CorridorsClean and Safe ProgramPublicImprovementClean up graffiti and sidewalk cleaning alongCentral Avenue, Vermont and Washington,bulky item pick up throughout project area 3,000,000PublicImprovementRehabilitation of the historic Angelus FuneralHome by the Community EnhancementCorporation. The completed project willinclude a child-care center and health clinicserving low-income families from thesurrounding community. Total developments'costs are 11.7 million. 3,000,000DowntownCouncilDistrict 9CorridorsCalko Steel ExpansionPaul R. Williams CenterOpportunities to invest in public infrastructureand strategic partnerships with privateinvestment in order to assist in developmentnew businesses and expanding existingbusinesses.Implementation of a community driven masterstreetscape plan for Washington Boulevardbetween Figueroa Street on the west andAlameda Street on the east.Redesign and expansion of existing CentralAvenue Jazz Park, located at 42nd andCentral.Page 4 of 19 2,500,000 2,800,000 2,900,000
LIST OF ACTIVITIES(INCLUDING PROGRAMS, PROJECTS)-ATTACHMENT A-''0Region' Downtown- --Project Area'---CouncilDistrict 9Corridors-ProjectCategoryProject Name--' ----'Vermont AvenueApartments---""-;,""' Description-CRAJLA Investment''48 units of affordable housing targetinggrandparents that are primary caregivers fortheir arandchildren.Housing' - -- - ----''' 3,000,000Located on Central Avenue between 35thDowntownCouncilDistrict 9CorridorsFlorence Mills HousingStreet and Martin Luther King Jr. Boulevard,will consist of 70 units of affordable rentalhousing for families, with ground floor retail.The project will include subterranean parking,Housing 3,300,000laundry, community room, open space,secured entry, and a play area.DowntownCouncilDistrict 9CorridorsGoodyear istrict 9CorridorsBusiness IncentiveProgramCommercialDowntownCouncilDistrict 9CorridorsSlauson Central RetailCenterCommercialDowntownCouncilDistrict 9CorridorsPublicCentral Avenue StreetscapeImprovementDowntownCouncilDistrict 9Corridors29th Street CrossingsHousingDowntownCouncilDistrict 9CorridorsVermont Median ParkPublicImprovementDowntownCouncilDistrict 9CorridorsWashington Blvd Housing(Phases 1-4)HousingDowntownCouncilDistrict 9CorridorsDowntown LA Auto District CommercialDowntownCouncilDistrict 9CorridorsCentral Avenue Streetscape PublicImprovementand Utility UndergroundInvestment in infrastructure to enhance goodsmovement in and around the industrial tractand road improvements to address floodingand other barriers to development.On-going program to provide fagadeimprovement grants and matchingrehabilitation loans for commercialbusinesses.Development of a 76,300 square foot retailcenter, including a Northgate Gonzalezsupermarket, CVS pharmacy, and a jobtrainina facllitv.Master streetscape improvement plan toimprove walkability, connect the community,and incentivize redevelopment of vacant andunderutilized properties along Central Ave.between Washington Blvd. and Slauson Ave. 4,000,000 5,000,000 6,500,000 8,000,000MultiNphased project by Urban HousingCommunities to transform 29 1h Street betweenSan Pedro and Griffith Avenue from industrialuses to affordable housing and supportIservices for area residents.Reconfiguration of 1.5 miles of VermontAvenue between Gage Avenue andManchester Boulevard to create a 60-footwide linear park in the median. This projectwill provide 14-acres of usable park space inone of the most park-poor areas in the City ofLos !1 MultiNphased mixed-use affordable housing,including 262 units and 19,00 square feet ofretail on Washington Boulevard between LosAngeles Street and Maple Avenue.Support continued development of theDowntown LA Auto District through: publicimprovements; way-finding and appropriateoff-site signage; identification of opportunitysites; coordination, outreach and assistanceto potential new dealerships; and identificationIshared- narkino facilities.Implementation of master streetscape plan forCentral Avenue between WashingtonBoulevard on the north and Slauson Avenueon the south.Page 5 of 19 9,000,000 9,000,000 10,130,000 12,000,000 15,300,000
liST OF ACTIVITIES(INCLUDING PROGRAMS, PROJECTS)ATTACHMENT A,,'Region,,'DowntownProject Area "''',,CouncilDistrict 9CorridorsProject Name',,''''ProjectGategorySlauson Wall Project'Improvement'' ''" ''CRA/LA InvestmentDescription'Public'''Environmental remediation and developmentof a public park, affordable housing and aninstitutional/community use on a 7Nacreindustrial property, acquired by CRA/LA in 17,000,0002010.DowntownCouncilDistrict 9CorridorsDowntownLittle T a kyoHomeownershipOpportunity Sites ProgramFirst Street Historic DistrictDowntownLittle TokyoRegional ConnectorDowntownLittle TokyoCentral Avenue Art cImprovementDevelopment of 60 units of affordableownership-housing on three CRAILA ownedsites. 18,000,000Various projects to support preseiVation andhistoric properties along First Street. 250,000Collaboration with MTA on the site and designof the Regional Connector Station servingLittle Tokyo in a manner that maximizespedestrian access, development opportunitiesand minimizes commute times. 300,000Development of community based park, openspace, arts related spaces, potential publicparking and linkage to Little Tokyo Gold LineStation. 1,000,000Design and installation of various publicimprovements and sustainable features alongDowntownLittle TokyoArea wide PublicImprovementsPublicImprovementa 3rd Street between Alameda and LosAngeles. Improvements include crosswalks,lighting, landscaping, street furniture, fitnesselements, gateway markers, and informationand way finding signage. 1,500,000Design and installation of various publicimprovements and sustainable features alongDowntownLittle TokyoDowntownLittle TokyoThird Street PublicImprovementsPublicImprovementAvalon BayHousingBlock 8 (Relateda 3ro Street between Alameda and LosAngeles. Improvements include crosswalks,lighting, landscaping, street furniture, fitnesselements, gateway markers, and informationand way-finding signage.Mixed-use development with retail and publicoarkina.Mixed-use development with retail and publicDowntownLittle TokyoDowntownCouncilDistrict 9CorridorsParadise Baptist/UrbanVisionEast ValleyLaurelCanyonAmendment of the Laurel CanyonLaurel CanyonRedevelopment Plan to include expansion ofRedevelopment and Merger Plans & Studiesproject area boundaries and potential mergerwith North Hollywoodwith the North Hollywood Project Area.Comnanies\HousingHousingarkina.Development of 64 units of affordable familyhousing and a potential charter school at5000 South Broadwav.Page 6 of 19 3,000,000 5,500,000 5,900,000 500,000 629,000
LIST OF ACTIVITIES(INCLUDING PROGRAMS, PROJECTS)ATTACHMENT A-- Region'- Project Area East Valley ProjectCategoryProject Name""' 'LaurelValley Plaza ShoppingCanyonCenterLaurelLaurel Canyon BusinessAssistance Program (BAP)- ''Description-,Redevelopment of the 22 acre shopping" CRA/LA Investment -Commercialcenter located at the intersection of LaurelCanvon and Victorv Boulevards.BusinessAssistancebusiness owners and tenants to attract newbusiness into the Project Area and retainexisting businesses and jobs.""'- "' 1,600,000Provides grants and forgivable loans toEast ValleyEast ValleyCanyonLaurelLaurel Canyon CommercialBusinessAssistance 4,500,000Rehabilitation of up to 20 storefrontsincluding signage and landscaping on the 4,500,000CanyonFagade and SignageProgramEast ValleyNorthHollywoodResponse to DevelopmentOpportunityHousingEast ValleyNorthHollywoodNoHo Arts RetentionProgramPrequalification of cultural and artsPlans & Studies organizations to receive funding for physicalimprovements and for expansion/retention. 500,000East ValleyNorthHollywoodNorth Hollywood BusinessAssistance Program (BAP)BusinessAssistanceProvides grants and forgivable loans tobusiness owners and tenants to attract newbusiness into the Project Area and retainexisting businesses and jobs. 1,900,000East ValleyNorthHollywoodCommercial Fa ade andSignage Program Magnolia BoulevardBusinessAssistanceRehabilitation of 16 storefronts on MagnoliaBoulevard between Lankershim Boulevardand Vineland Avenue. 2,200,000HousingDevelopment of a 1OHunit affordablehomeownership project located on a ha!fwacreCRA/LA owned site at 5623-5633 ElmerAvenue- to be developed by Heritage HousingPartners (non-profit housing developer). 3,100,000Development of a 126 unit senior residentialproject including 27 very !owHincome unitslocated at 11047 Magno
FILE CODE/ - . ---. T 213 977 1600 IF 213 977 1665 www.crala.org CRA File No. Cf312.,. Council District: Various Contact Person: Dalila T. Sotelo (213) 977-1636 Transmitted herewith, is a Board Memorandum adopted by the Agency Board on January 14, 2011 City Council review and approval in accordance with the "Community Redevelopment
