Title:
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Ordinance amending the Subdivision Code, by adding Section 1396.4, to adopt a condominium conversion fee applicable to certain buildings that would be permitted to convert during a seven year period, and subject to specified requirements, including lifetime leases for non-purchasing tenants; adding Section 1396.5, to suspend the annual condominium conversion lottery until 2024 and resume said lottery under specified circumstances tied to permanently affordable rental housing production; amending Section 1396, to restrict future condominium lotteries to buildings of no more than four units with a specified number of owner occupied units for three years prior to the lottery and provide an exception for certain five- and six-unit buildings to participate in the lottery; and adopting environmental findings.
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Attachments:
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1. Leg_Ver1, 2. Leg_Dig_Ver1, 3. Response_Controller_030212, 4. Response_Controller_0309012, 5. Cat_Ex_010413, 6. Leg_Ver2, 7. Leg_Dig_Ver2, 8. Fee_Ad_012813, 9. Comm_Pkt_012813, 10. Leg_Ver3, 11. Leg_Dig_Ver3, 12. Comm_Pkt_022513, 13. Response_Youth_022713, 14. Comm_Pkt_031113, 15. Comm_Pkt_032513, 16. Econ_Analysis_Rpt_040213, 17. Comm_Pkt_041513, 18. Leg_Ver4, 19. Leg_Dig_Ver4, 20. Response_PLN_041713, 21. Comm_Pkt_042213, 22. Board_Packet_050713, 23. Comm_Pkt_051313, 24. Comm_Pkt_052013, 25. Leg_Ver5, 26. Leg_Dig_Ver5, 27. Comm_Pkt_060313, 28. Board_Packet_061113, 29. Leg_Ver6, 30. Leg_Dig_Ver6, 31. Board_Packet_061813, 32. Legislation_Final, 33. Nexus_Study_Jan_2011
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