CC 3-19-19 Item #1 CASA Process Presentation1
History and Overview
The CASA Compact
CASA History
●MTC and ABAG Leadership
●Individuals from Private/Public/Non-
Profit
●18 Month Process
●CASA Compact released in January
CC 3/19/19 #1
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CASA Participants from Cities
●Libby Schaff - Oakland
●London Breed - San Francisco
●Sam Liccardo - San Jose
●Julie Combs - Santa Rosa
CASA Participants from Counties
●Keith Carson - Alameda
County
●Dave Cortese - Santa Clara
County
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CASA Participants from Non-
Profit/Other Government
●ABAG
●BART
●MidPen Housing
●MTC
●San Francisco Foundation
●Silicon Valley @ Home
●Transform
●Urban Habitat
CASA Participants from Private Sector
●Facebook
●FivePoint
●Genentech
●Google
●Northern California Carpenters Council
●SEIU
●TMG Partners
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CASA Approval Process
●Approved by individuals, not
organizations
●MTC and ABAG supported with
reservations
●Technical Advisory Committee
review and reservations
Cupertino Concerns
●Little Local Government Outreach
●Preemption of Local Control
●Freezing fees and benefits at time
of completeness
●Overreach in Land Use Regulations
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Cupertino Concerns – Cont’d
●Undermining Inclusionary
Requirements
●Regional Housing Entity
Governance and Funding
●Appropriation of Local Funds
CASA’s “Three Ps” for Housing
●Production
●Preservation
●Protection
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CASA Framework
●10 Core Principles
●5 Calls to Action
●Implementation
CASA Principles
1.Just Cause Eviction Policy
2.Rent Cap
3.Rent Assistance and Access
to Legal Counsel
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CASA Principles - Continued
4.Remove Regulatory Barriers to ADUs
5.Minimum Zoning Near Transit
6.Good Government Reforms to Housing
Approval Process
7.Expedited Approvals and Financial
Incentives for Select Housing
CASA Principles – Continued
8.Unlock Public Land for
Affordable Housing
9.Funding and Financing the
CASA Compact
10.Regional Housing Enterprise
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CASA Calls to Action
●Redevelopment 2.0
●Lower Voter Threshold for Housing Funding
Measures
●Fiscalization of Land Use
●Homelessness
●Grow and Stabilize the Construction Labor
Force
CASA Next Steps
●Statewide Legislation
●Regional Housing Enterprise
●Regional Funding Measures
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Fiscal Analysis
Menu of Funding Sources to Implement the Compact
Property
Owners Employers Local
Governments Taxpayers
$48/year
Parcel Tax
$40-$120/job
Head Tax
20% Growth in
Property Tax
revenue sharing
¼ cent Sales
Tax
16,562 parcels
in Cupertino
38,000 est. jobs
in Cupertino
$500,000 est.
Property Tax
Growth
Sales Tax
receipt est.
$794,976
annually
$1.5-$4.6M
annually
$100,000
annually
$2,300,000
annually
Strategy
Basis
Revenue$8M
Fiscal Analysis
Menu of Funding Sources to Implement the Compact
Property
Owners Employers Local
Governments Taxpayers
Tax Fatigue
Loss of potential
local revenue
$10 mil
Loss of
Revenue
Tax Rate 9%
Max Rate
9.25%
75% County of Origin (return to source)
$6M
25% Regional
Program $2M
Impact
Allocation
Distribution 10%
$.6M
10%
$.6M
20%
$1.2M
Preservation
60% subsidize housing production
$3.6M
Tenant
Protection
Local
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Questions?