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FULL PACKET_2010-06-07_WITHOUT ITEM 80A
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FULL PACKET_2010-06-07_WITHOUT ITEM 80A
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1/3/2012 4:03:17 PM
Creation date
6/3/2010 12:35:24 PM
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City Clerk
Doc Type
Agenda Packet
Date
6/7/2010
Destruction Year
2015
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<br /> Adequate Sites Program Alternative Checklist Page 5 <br /> DEFINITIONS (continued): <br /> (M) The following assistance provided by counties or cities in exchange for restrictions on the <br /> maximum rents that may be charged for units within a multifamily rental housing development <br /> and on the maximum tenant income as a condition of eligibility for occupancy of the unit <br /> subject to the rent restriction, as reflected by a recorded agreement with a county or city: <br /> (i) Loans or grants provided using tax increment financing pursuant to the Community <br /> Redevelopment Law (Part 1 (commencing with Section 33000) of Division 24 of the Health <br /> and Safety Code). <br /> (ii) Local housing trust funds, as referred to in paragraph (3) of subdivision (a) of Section <br /> 50843 of the Health and Safety Code. <br /> (iii) The sale or lease of public property at or below market rates. <br /> (iv) The granting of density bonuses, or concessions or incentives, including fee waivers, <br /> parking variances, or amendments to general plans, zoning, or redevelopment project <br /> area plans, pursuant to Chapter 4.3 (commencing with Section 65915). <br /> Assistance pursuant to this subparagraph shall not include the use of tenant-based Housing Choice <br /> Vouchers (Section 8(0)) of the United States Housing Act of 1937, 42 U.S.C. Sec. 1437f(o), <br /> excluding subparagraph (13) relating to project-based assistance). Restrictions shall not include <br /> any rent control or rent stabilization ordinance imposed by a county, city, or city and county. <br /> 19D-7 <br /> <br />
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