§ 27-45. Intent.

Latest version.

The intent of this article is to protect the availability of publicly assisted affordable housing for low and moderate income households by: providing for notice to the city and tenants when transitions from current assistance programs and/or affordable housing uses are planned; providing purchase opportunities for the city to attempt to preserve the affordable housing while respecting ownership interests of building owners; and ensuring long term affordability in future projects that the city assists with public financing designed to create or preserve affordable housing.

(Ord. No. 757-00, § 1, 9-25-00; Ord. No. 291-05, § 14, 5-2-05)

                    
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