PC 2002-15 - Laserfiche WebLink

Program 18.5: Strive to develop additional joint-venture very low- and low-income housing projects with other public agencies and non-profit organizations by the yeaz 2005 to replace potentially lost assisted units elsewhere in the City. Program 18.6: Structure future rent-restriction contract agreements to allow the City the opportunity to purchase or subsidize assisted units at the conclusion of the rent-restriction period. Program 18.7: Structure future rent-restriction contract agreements for all new assisted projects with limited or no time restrictions to minimize the displacement of tenants. at tl~ Program 18.8: Provide rehabilitation funds where appropriate for apartment complexes in exchange for extended or perpetual assisted-housing time periods. Program 18.9: Issue bonds or provide other funding where appropriate to reduce apartment complex mortgage rates in exchange for extended or perpetual assisted- housing time periods. City Government Actions (New Section Heading) Goa19• Process affordable housing proposals and use available City progranis and incentives so as to promote and facilitate the housing affordability. Goal 10• Remove unnecessary governmental constraints to the provision of housing and public services anal facilities. (Formerly Policy 18) Policy 19: , •. Make appropriate modifications to the Land Use Element of the General Plan Zoning Ordinance and other Citv ordinances programs and policies to facilitate the provision of housing especially housing affordable to moderate-. low-, and very low-income households. Revised Draft Housing Element Goals, Policies, and Programs: 1/28/02 - 7 -