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Item HA-03 - Amended and Restated Regulatory Agreement for the Rehabilitation of Garden Court
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Item HA-03 - Amended and Restated Regulatory Agreement for the Rehabilitation of Garden Court
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7/10/2024 5:24:24 PM
Creation date
7/10/2024 4:57:15 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
HA-03
Date
7/16/2024
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2. Summary <br />Considering the above -described availability of replacement housing resources gathered, it <br />appears there are an adequate number of replacement units for the residential occupants. <br />While adequate replacement resources exist for the tenants, based on survey results of rental <br />opportunities and the tenants' current rent, some tenants may have an increase in monthly rent. <br />Possible increases, if any, will be met through the Owner's obligation under the relocation <br />regulations, including Last Resort Housing (LHR) requirements. (See Section IV, E). <br />C. RELATED ISSUES <br />1. Concurrent Residential Displacement <br />There are no known public projects anticipated in the Project area that will cause significant <br />displacements during the timeframe of anticipated initiation of Project displacements. No <br />residential displacee will be required to move without both adequate notice and access to <br />available, comparable, affordable, decent, safe and sanitary housing. <br />
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