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File #: 200948    Version: Name: Administrative Code - Community Opportunity to Purchase Act
Type: Ordinance Status: Passed
Introduced: 8/18/2020 In control: Clerk of the Board
On agenda: Final action: 11/13/2020
Enactment date: 11/13/2020 Enactment #: 228-20
Title: Ordinance amending the Administrative Code to require sellers of multifamily residential buildings to provide a new right of first offer and right of first refusal to qualified nonprofit organizations if a multifamily residential building is not under contract or remains unsold after one year and after each year thereafter; require sellers to provide additional disclosures to qualified nonprofit organizations; provide information to current tenants, and assist qualified nonprofits with due diligence; and allow multifamily residential buildings acquired by qualified nonprofit organizations under the Community Opportunity to Purchase Act (COPA) to convert to a limited equity cooperative under Subdivision Code Division 11; and exclude from COPA land dedications to the City and County of San Francisco.
Sponsors: Sandra Lee Fewer, Shamann Walton, Norman Yee, Rafael Mandelman , Gordon Mar, Dean Preston, Aaron Peskin, Hillary Ronen, Matt Haney
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral FYI 082520, 4. Comm Pkt 101920, 5. Leg Ver2, 6. Leg Dig Ver2, 7. Public Comment 102020, 8. Comm Rpt Request Memo 102220, 9. Comm Pkt 102620, 10. Board Pkt 102720, 11. Board Pkt 110320, 12. Leg Final
Legislation Details
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