Laserfiche WebLink
AMENDMENT TO AFFORDABLE HOUSING FUNDS POLICIES AND PROCEDURESMajor Changes Corresponding to the New Ordinance:•Added activity for existing rental units to be acquired, substantially rehabilitated and then income and affordability covenants recorded on the units for rental or ownership.•Added activity for purchase and rehabilitation of homes with code-related issues for sale to low- and moderate-income buyers.•Added activity to pay for one-time programs and activities for code enforcement, quality of life and general health and safety issues that directly relate, enhance, and promote affordable housing projects and activities.•Deleted activity for predevelopment loans.•Deleted activity for cooperative housing programs.