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File #: 250779    Version: 1 Name: Subdivision Code - Regulating Certain Below Market Rate Condominium Conversion Units
Type: Ordinance Status: Passed
Introduced: 7/22/2025 In control: Clerk of the Board
On agenda: Final action: 10/6/2025
Enactment date: 10/6/2025 Enactment #: 190-25
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, 8. Leg Final
Legislation Details
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