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Set forth below are the questions staff has received from the Planning Commission <br /> concerning the Vineyard Villa residential conversion, and staff's responses thereto. <br /> 1. After the conversion date (i.e., the date that the first lot sells), are the then <br /> existing residents allowed to continue to rent? <br /> Response: After the conversion date, the residents then living in the park, if they <br /> choose not to purchase their lot, may remain on the property and continue to rent. If a <br /> resident is considered a lower income household, under state law the rents may be <br /> raised, but are limited to the average monthly increase in rent in the four years <br /> preceding the conversion. For residents who do not qualify as lower income <br /> households, the preconversion rent may be increased to market level, in equal <br /> installments over a four year period (i.e., 20% annually). <br /> 2. Is the conversion simply a way for the park owner to get out of local rent control? <br /> Response: A park owner may be motivated for a variety of reasons to convert a mobile <br /> home park to residential. Potentially the owner, if he /she is able to sell all of the lots, <br /> may receive more money than if the park were sold intact. In light of the state law, one <br /> effect of the conversion is that the owner's ability to charge rents will be set by the state <br /> law, rather than local law. As mentioned in Response No. 1, state law does allow the <br /> park owner to raise rents to market level for households that are not lower income, <br /> albeit over a four year period. <br /> 3. If this conversion is approved, will the residents (who are seniors) living in the <br /> Park be evicted? <br /> Response: No; see Response No. 1. <br /> 4. Will conversion of the Park decrease the number of affordable units in the City by <br /> 208? <br /> Response: See discussion on page 5 of the memo concerning "Loss of Affordable <br /> Housing <br /> 5. Has the City Council expressed an interest to convert mobile home parks to <br /> residential ownership? <br /> Response: No. <br /> 6. Why is this a vesting tentative map application? <br /> Response: This application, in addition to converting the park to residential ownership, <br /> seeks to create a final map and, eventually, a recorded condominium plan creating 208 <br /> condominiums. A tentative map application is the proper procedural device to create <br /> these lots. <br /> 1 <br />