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CCP 10242022
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CCP 10242022
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10/21/2022 10:46:49 AM
Creation date
10/21/2022 10:46:41 AM
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Roseville City Council
Document Type
Council Agenda/Packets
Meeting Date
10/24/2022
Meeting Type
Regular
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<br /> <br />ATTACHMENT A <br /> <br /> <br /> <br />43 recently determined by the United States Department of Housing and Urban Development for Low Income <br />44 Housing Tax Credit (LIHTC) purposes, as adjusted for household size and number of bedrooms. <br />45 <br />46 B. Available for Sale: The earliest implementation of any of the following actions: negotiating to enter <br />47 into a purchase agreement that includes an affordable housing building, including like-kind property <br />48 swaps such as a 1031 exchange, advertising the sale of an affordable housing building, entering into a <br />49 listing agreement to sell an affordable housing building, or posting a sign that an affordable housing <br />50 building is for sale. <br />51 C.Cause: The tenant or a member of the tenant’s household materially violated a term of the lease or <br />52 rental agreement, or violated an applicable federal, state, or local law or regulation. <br />53 D. Housing Building: A building with five or more rental units. <br />54 E. Housing Unit: A rental unit within a housing building. <br />55 F. Material Change: A change in the terms of a lease that significantly limits or restricts the tenants’ use <br />56 and enjoyment of a housing unit or the housing building. <br />57 G. Rent: A fixed periodical payment made by the tenant to the landlord for occupancy of a housing unit <br />58 but shall not include additional costs that may be incurred above occupancy of the housing unit such as <br />59 utilities, garage, storage closets, and the like. <br />60 H. Tenant Notification Period: The period that commences on the date when a written notice of the transfer <br />61 of ownership of a housing building is sent to each housing unit tenant pursuant to Section 910.04 and ends <br />62 on the last day of the third full calendar month following the date on which the notice was sent. In no <br />63 case shall the tenant notification period be less than 90 days. <br />64 I. Transfer of Ownership: Any conveyance of title to an affordable housing building, whether legal or <br />65 equitable, voluntary or involuntary, resulting in a transfer of control of the building, effective as of the <br />66 earlier of the date of delivery of the instrument of conveyance or the date the new owner takes possession. <br />67 910.03: Notice to the City of Proposed Sale <br />68 A. Notice to the City: Any owner or representative of the owner who intends to make available for sale <br />69 any affordable housing building shall notify the Community Development Director and Fire Chief of the <br />70 proposed sale by providing the notice required in this Section. The notice shall be on a form prescribed <br />71 by the City stating the owner’s intent to make available for sale the affordable housing building and which <br />72 may include, at the City's sole discretion, some or all of the following information: <br />73 1. Owner’s name, phone number, and mailing address; <br />74 2. Address of the affordable housing building that will be made available for sale; <br />75 3. Total number of dwelling units in the building; and <br />Page 2 of 6 <br /> <br />
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