17.138.110 Administration, management, and monitoring.
Inclusionary rental and owner units shall be managed and operated by the property owner, or the owner’s agent, for the term of the affordable housing agreement. Sufficient documentation shall be submitted to ensure compliance with this chapter, to the satisfaction of the director.
A. Duties of Program Administrator. The city may either handle in-house or contract for administration of the BMR ownership housing program and monitoring compliance with the requirements of this chapter to a program administrator pursuant to an agreement executed between the city and the administrator in accordance with the approved fee schedule. At a minimum, the administrator shall perform the following services:
1. Maintain and administer the city’s BMR ownership and rental housing guidelines and affordable housing standards;
2. Screen and select qualified buyers and renters according to the city’s ownership and rental housing guidelines and affordable housing standards and maintain qualified owner and renter eligibility list;
3. Maintain a list of eligible mortgage lenders for financing the purchase of inclusionary units in accordance with the BMR ownership housing guidelines;
4. Market new and vacant BMR for-sale and rental units within the city’s affordable housing inventory;
5. Monitoring compliance with terms and conditions of the occupancy and sale restrictions. (Ord. 1719 § 3, 2022)