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1996 EVALUATION: Objective met. Continue program. Several apartment projects were <br />approved since 1990. This program encourages small builders to construct infill apartments <br />without having to meet the requirements of the Growth Management Program. <br /> <br /> Program 5.2: Reserve 100 housing units per year above the <br /> Growth Management limit for rcnm! projects which provide at <br /> least 25 percent lower-income units. <br /> <br /> Responsible Agency: City Council <br /> Time Period: Ongoing <br /> Funding Source: Not Applicable <br /> <br />1996 EVALUATION: Objective met. Continue program. Numerous projects have taken <br />advantage of this provision since 1990. <br /> <br /> Policy 6: Minimize displacement of tenants in rental apartments and mobile <br /> homes, and encourage ownership of lower-cost residential units by prior renters <br /> through the regulation of condominium conversions. <br /> <br /> Program 6.1: Regulate condominium, townhouse, and mobile <br /> home conversions, and mitigate tenant displacement through <br /> provisions of the City's Condominium Conversion Ordinance. <br /> <br /> Responsible Agency: City Council <br /> Time Period: As Needed <br /> Funding Source: Not Applicable <br /> <br /> 1996 EVALUATION: Objective met. Continue program. No conversions occurred. <br /> <br /> Program 6.2: Deny conversion of apartment units to <br /> condominiums if the percentage of multiple-family units available <br /> for rent, City-wide, is below 50 percent. <br /> <br /> Responsible Agency: City Council <br /> Time Period: As Needed <br /> Funding Source: Not Applicable <br /> <br /> 4 <br /> <br /> <br />