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File #: 250779    Version: 1 Name: Subdivision Code - Regulating Certain Below Market Rate Condominium Conversion Units
Type: Ordinance Status: Mayors Office
Introduced: 7/22/2025 In control: Land Use and Transportation Committee
On agenda: Final action: 9/30/2025
Enactment date: Enactment #:
Title: Ordinance amending the Subdivision Code to establish procedures regarding resale prices, capital improvement costs, marketing and sales, policies for conveyance through inheritance, title changes, owning, occupying, and refinancing Below Market Rate Condominium Conversion Units (BMR Units), and clarifying effective dates for requirements applicable to BMR Units under Subdivision Code, Section 1344, purchased on or after October 1, 2025.
Sponsors: Mayor
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. MOHCD Presentation 090825, 4. Comm Pkt 090825, 5. Board Pkt 091625, 6. MOHCD Manual 072524, 7. Board Pkt 093025
Legislation Details
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