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POL Government Elected Officials Auditor Griffin-Valade Charter, Code & Policies City Code & Charter Online Code & Charter Title 30 Affordable Housi Chapter 30.01 Affordable Housing Preservation
30.01.090 City Subsidy Properties - Long-Term Affordability Requirements.

(Amended by Ordinance No. 186028, effective May 15, 2013.)

 

A.  Properties that in the future request and receive a City subsidy from PDC, PHB or other City bureau or agency for the purpose of creating or preserving rental housing affordable to households below 80 percent of median family income, will be subject to a minimum of 60 year affordability contract requirements developed by PHB consistent with the implementing charge in 30.01.090 B.

 

B.   All City Bureaus and agencies administering affordable rental housing subsidy programs will be responsible for implementing this section.  As the primary agency charged by the City to negotiate and confer affordable housing subsidies, PHB will develop implementing strategies consistent with the 60 year affordability principles contained in this section, the Administrative Procedures Implementing Title 30.01 and the approved 1998/99 Consolidated Plan, Principle III (Ordinance No. 172259).  


Title 30 Affordable Housi
Chapter 30.01 Affordable Housing Preservation