The URL can be used to link to this page

Home My WebLink About2007 Hermosa Vista Apartments Annual ReportJanuary 15, 2003 Attn: City Clerk Redevelopment Agency of the City of Huntington Beach 2000 Main Street Huntington Beach, CA 92648 RE: Hermosa Vista Apartments Annual Report To Whom It May Concern: Enclosed please find the 2007Annuaf Report for Hermosa Vista Apartments as of December 31, 2007. If you have any questions or you need anything further please feel free to contact me at 949-863-1500 Ext. 224. Thank you. Sincerely, Carla B chiratis Rey,iefial Property Supervisor Enclosures as stated 2400 Main Street, Suite 201, Irvine, California 92614 e (949) 863-1500 • Fax (949) 863-1801 EXHIBIT D CERTIFICATE OF CONTINUING PROGRAM COMPLIANCE HERMOSA VISTA APARTMENTS The undersigned, being AGENT of KDF Hermosa, L.P., a California Limited Partnership (the `Borrower") has read and is thoroughly familiar with the provisions of the various documents associated with the Borrower's participation in the California Statewide Communities Development Authority (the "Issuer") Multifamily Housing Program, such documents including: 1. the Regulatory Agreement and declaration of Restrictive Covenants, dated as of November 1, 2003 among the Borrower, the Issuer and Wells Fargo Bank, National Association, as trustee (the "Trustee"); and 2. the Loan Agreement dated as of November 1, 2003 among the Borrower, the Issuer and the Trustee. As of the date of this Certificate, the following percentages of completed residential units in the Project (i) are occupied by Very Low -Income Tenants as such term is defined in the Regulatory Agreement or (ii) are currently vacant and being held vacant available for such occupancy and have been so held continuously since the date a Very Low -Income Tenant vacated such unit; as indicated: Occupied by Very Low -Income Tenants: 40 % Unit Nos. 35 Held vacant for occupancy continuously since last occupied by Very Low -Income Tenant: 0 % Unit Nos. 0 Vacant Units: 0 % Unit Nos. 0 The undersigned hereby certifies that the Borrower is not in default under any of the terms and provisions of the above documents. Date: 12/31/07 KDF HERMOSA L.P., a Ca U.S. COMMUNITIES Housing, Compli ince serricer CERTIFICATION OF CONTINUING PROGRAM COMPLIANCE The undersigned, being KDF Hermosa, L.P. (the "Borrower") has read and is thoroughly familiar with the provisions of the various documents associated with the Borrower's participation in the California Communities (the "Issuer") Multifamily Housing Program, such documents including: the Regulatory Agreement and Declaration of Restrictive Covenants dated as of November 26, 2003 among the Borrower, the Issuer and Wells Fargo, as trustee (the Trustee); and 2. the Loan Agreement dated as of November 26, 2003 between the Borrower and the Issuer. As of the date of this Certificate, the following percentages of completed residential units in the Project (i) are occupied by Low Income Tenants or Very Low Income Tenants (as such terms are defined in the Regulatory Agreement) or (ii) are currently vacant and being held available for such occupancy and have been so held continuously since the date a Low Income Tenant or Very Low Income Tenant vacated such unit; as indicated: Set -Aside Occupied Units Vacant Units Primary Set Aside (40/60) 40.91%; 36 Units 0%; 0 Units (at Affordable Rents) Commenced Occupancy Terminated Occupancy A-15 PROVENCHER 10/24/07 A-15 YOUNG 10/08/07 A-18 DUNLAP 11/21/07 A-18 CLAPP 10/29/07 The units occupied by Low Income Tenants or Very Low Income Tenants are of similar size and quality to other units and are dispersed throughout the Project. Attached is a separate sheet listing the number of each unit and indicating which units are occupied by Low Income Tenants, the size, the number of bedrooms of such units and the number of Low Income Tenants who commenced occupancy of units for the quarter ending December 31, 2007. 3. Certification No Default The nature of the default and the measures being taken to remedy such default are as follows: (describe) None Additional Comments: None 4. The Representations set forth herein are true and correct to the best of the undersigned's knowledge and belief. Borrower/Authorized Agent: Date: Prepared By: Phone Number: KDF Hermosa, L.P. January 9, 2008 CARLA SCHIRATIS 949-863-I500 Print Date: 1/18/2008 Page 1 of 1 Property: Location: Today's Date: Total # Units: Total Habitable/Living Units: HERMOSA VISTA 15363 and 15425 Goldenwest Street, Huntington Beach, CA 92647 12/31/07 Submitted by 88 Total Units Occupied: 88 Village Investments Total Low Income Units Occupied: Percentage of Low Income Units Occupied: Number of Units Held Vacant and Available to Rent to Lower Income Tenants: LIST ALL BOND PROGRAM UNITS BELOW IN NUMERIC OR ALPHABETIC ORDER: (Indicate W" if vacant) 00 35 36% 0 A t.# Name # of Occupants # of Bdrms Rent Annual Income Low or Very Low Cert. Date A-1 Bui, Brian 1 1 214 10,488 50 12/1/2007 A-2 Hazein 1 1 767 17,395 50 12/1/2007 A-3 Boger 1 1 261 12,590 50 12/1/2007 A-4 Cooper, Frank 2 2 921 22,308 50 12/1/2007 A-5 Dickerson 3 2 458 23,619 50 12/1/2007 A-6 Tran, John 2 2 921 22,114 50 12/1/2007 A-7 Hodges, Cathy 3 2 921 17,541 50 12/1/2007 A-8 Carr 2 2 136 13,104 60 12/1/2007 A-9 Sanchez, Horacio 2 2 1,116 43,452 60 12/1/2007 A-10 lHarmond 3 2 1,116 27,993 60 12/1/2007 A-11 Cortes, Alejandro 4 2 1,116 34,537 60 12/l /2007 A-12 Alaniz 4 2 1,116 29,257 60 12/1/2007 A-13 Pu liese, Kristi 4 2 921 35,876 50 12/1/2007 A-14 Alvarado, Jorge 3 2 1,116 42,043 60 12/1/2007 A-15 Provencher, R 1 1 427 17,405 60 12/1/2007 A-16 Carbone 1 1 930 30,212 60 12/1/2007 A-17 Nguyen, Minh 1 1 206 10,488 60 12/1/2007 A-18 Dunlap, Jane 1 0 238 3,874 50 12/1/2007 A-19 Tran 1 0 224 16,500 50 12/1/2007 A-20 Bodden 2 1 930 22,006 60 12/1/2007 A-21 Gerard-Yha , Katy 1 1 930 28,000 60 12/1/2007 A-22 Mayfield, Kelly 1 1 767 40,000 50 12/1/2007 A-23 Edwards, Jacob 3 2 921 20,846 50 12/1/2007 A-24 Pavia, Tirzo 5 2 1,116 43,051 60 12/1/2007 A-25 Williams, Wkwesi 1 2 1,116 21,600 60 12/1/2007 A-26 Jennifer Cleveland 3 2 1,116 24,985 60 12/1/2007 A-27 Hernandez, Jose 3 1 930 43,560 60 12/1/2007 A-28 Humphries, Kian a 2 2 1,116 16,464 60 12/1/2007 A-29 Kirschke, Mary 4 2 921 34,227 50 12/1/2007 A-30 Macfarland 2 2 343 17,211 60 12/1/2007 A-31 Deshawn 3 2 1,116 41,316 60 12/1/2007 A-32 Fraser, Kristin 2 2 448 24,207 60 12/1/2007 A-33 Perez, Maria 2 2 1,116 14,800 60 12/1/2007 A-34 Sanchez, Ernesto 3 2 1,116 30,243 60 12/1/2007 A-35 Hannalla / Ghobrial 4 2 921 29,600 50 12/1/2007 A-36 Flores, Laura 3 2 1,116 18,115 60 12/1/2007 `A=37 Davis, 'Valerie 2 1.- ° 2 ;-1:,11,�6, 44,868' 60 12/1/2007 A-38 Rivera, Maria 5 1 2 1,116 4.7,900 60 12/1/2007 A-39 Azer; Ma ed 5 2 921 50,471 50 12/1/2007 A-40 Knackstedt, Olga 1 1 930 22,993 60 12/1/2007 A-41 Brown 1 e 1 211 10,736 501 12/1/2007 A-42 Perkins 2 1 930 35,360 60 12/1/2007 A-43 Son, Rina 1 0 874 22,994. 60 12/1/2007 A-44 Kinney, John 1 0 220 10,733 60 12/1/2007 B-1 Oakes--_, 1 1 <<> .930 40,707: 60, 12/1/2007 B-2 Esteban, Elena -2 1 508 21,955 60 12/1/2007 B'-3 Wa eet 3 1 930 19,200 60 12/1/2007 B-4 Ortiz 2 -1 930 33,631 60 12/1/2007 B-5 Brito -.2 1 192, 10,746- 60 12/1/2007 B-. Forsber ,Walter 5 ' 2 921 28,263, 50 12/1/2007 B-7 Jones,,,, 2 2 321 23,400... 60 12/1 /2007 B-8 Boktor 4�2 1,116 34,740' `60 12/1/2007 B-9 Holthouser 2 2 $4 4,308= 50 12/1/2007 B-10 Prado, Oscar 3 2 921 42,348 50 12/1/2007 B-11 Alvarez, Ri oberto 2 2 1,116 20,768 60 12/1/2007 13-12 Ponce; Jesus 4 2 921 31,071 50 12/1/2007 13-13 Chavoshan, 'Morteza 3 2 - 1,116 56,983 60 12/1/2007 B-14 Es inosa, Cleto 3 `2 1,116 40,842- 60. 12/1/2007 B-15 Ramos, Refu io 3 1 930 18,608 60 12/1/2007 B-16 House Jason 3 1 775' 32,370- 50 12/1/2007 B-17 Ibarra 1 1 205 10,733 60_ 12/1/2007 8-18 Giambruno 1 0 213 10,488 50 12/1/2007 B-19 Van Ness 1 0 874 23,100 6Q 12/1/2007 B-20 Grylikj James 2 1 930, 34,374, 60 12/1/2007 B-21 Mohan, Robert 1 1 240 12,659 60 12/1/2007 B-22 Nguyen, Mon 2 1 215 10,440 60, 12/1/2007 B-23 Yeager Michell 2 2 1,116 31,124 60 12/1 /2007 B-24 Strong, Marie 3 ......2 ``1,116 19,885 � 60` 12/1 /2007 B-25 Tapia, Orlando 3 2 1,116 46,034 60 12/1/2007 B-26 Ortega, Evelyn 2 1 2 776 31,369 60 12/1/2007 B-27 101sen 1 1 930 24,897_ 60 12/1/2007 B-28 Com ns, Nancy 2 2 921 27,496 50 12/1/2007 B729 Lundgren, Christopher 2 2 550 27,660 .60 12/1/2007 B-30 Mikhaeil, Soliman 4 2 1,116 47,991 ' 60 12/1 /2007 B-31 -.- Naveed, Sadia 3 2 1,116 25,008 60 12/1/2007 B-32 jVasouez, Javier 2 2,' 1,1:16 34, 750: 60 12/1 /2007 B-33 Emad 2 2 1,116 32,604 60 12/1 /2007 B-34-, Zapata .. 3. e 2 1,116 - 24, 900 -,---60 12/1 /2007 B-35 ' Brokaw, Cynthia 2 2 921 23,895 50' 12/1/2007 B-36 ° Dal 2 2 921 19,512` _ 50 12/1/2007 B-37 - Menchaca, Mario ` '5 2 1,116 53,703' 601, 12/1 /2007 B-38 . Danae Harlow 4 2 1,116 34,535 " 60 12/1 /2007 `B-39 :-n Batac, Elmo 4 2 1,1'16 54;246y 60: 12/1/2007 B-40 Canez, Belinda 1 1 216 12,48a_ 60 12/1/2007 B-41 Mendoza, Richard 1 1 767 20,936 50 12/1/2007 B-42 Dad, Tu 2 1 294 14,558, 50 12/1/2007 B-43 . Begun, David 1 0 874 31,642 60, 12/1 /2007 B-44 Lam, Ronald 2 0,- `=874' 28,996 60,E 12/1/2007