Cal. Code Regs. Tit. 21, § 1483.1 - Priority 3: Use Restrictions
(a)
Restrictions. As a condition for sale at a Reasonable Price at
Priority 3, a Housing-Related Public Entity shall agree to Use and Resale
Restrictions containing the terms, conditions, and restrictions imposed by the
Department to ensure the property remains available to Persons and Families of
Low or Moderate Income. The Use and Resale Restrictions described in §
1485.1 shall apply to properties
purchased at Priority 3, with:
(1) All
references to "Priority 5" shall be read as "Priority 3", and
(2) All references to "Housing-Related
Private Entity" shall be read as "Housing-Related Public Entity" except those
references in §
1485.1(c)(1).
(b)
Provisions Specific to Properties
in the City of Pasadena. If the Surplus Residential Property offered
at Priority 3 is within the City of Pasadena, then:
(1) In addition to the restrictions described
in §
1485.1(b), the
Housing-Related Public Entity, excluding sales as specified in §
1477.2(a)(5) to
the City of Pasadena, shall cause the Surplus Residential Property to be
developed as a limited equity cooperative with first right of occupancy to
present Occupants, unless the Housing-Related Public Entity determines such a
cooperative is not feasible.
(2)
Section 1485.1(e) shall
not apply.
(3)
§
1485.1(c)(2)(B)
shall not apply. Instead, for Surplus Residential Properties not sold as
specified by §
1477.2(a)(5),
§
1485.1(c)(2)(B)
shall be read as saying: "All profits from the subsequent sale by the
Housing-Related Public Entity shall be dedicated to the construction of housing
for Persons and Families of Low or Moderate Income within Pasadena, South
Pasadena, Alhambra, La Canada Flintridge, or the 90032 postal ZIP
Code."
(4) As a condition for sale
of unoccupied Surplus Residential Properties at the Minimum Sales Price to the
City of Pasadena at Priority 3, under §
1477.2(a)(5), the
City of Pasadena shall agree to Use and Resale Restrictions containing the
terms, conditions, and restrictions imposed by the Department to ensure
compliance with Government Code section 54239.5. The Use and Resale
Restrictions are contained in their entirety in Form 1477.2(a)(5) -- City of
Pasadena, Priority 3, Unoccupied Surplus Residential Properties (03/23), which
is hereby incorporated by reference. Upon mutual consent of the Department and
the City of Pasadena, the Use and Resale Restrictions may be amended to the
extent that such amendment does not contradict statute.
(c)
Provisions Specific to Properties
in the City of South Pasadena. If the Surplus Residential Property
offered at Priority 3 is within the City of South Pasadena, then:
Notes
2. Amendment of subsection (a)(2), new subsections (c)-(c)(1) and amendment of NOTE filed 4-7-2022 as an emergency; operative 4-7-2022 (Register 2022, No. 14). Pursuant to Government Code section 54239.4(f), this is a statutorily deemed emergency and the emergency language remains in effect until 4-7-2024. A Certificate of Compliance must be transmitted to OAL by 4-7-2024 or emergency language will be repealed by operation of law on the following day.
3. Refiling of 4-7-2022 emergency amendments, including amendment of section and NOTE, on 7-3-2023 as an emergency; operative 7-3-2023 (Register 2023, No. 27). Pursuant to Government Code section 54239.5(e), this is a statutorily deemed emergency and the emergency language remains in effect until 9-30-2024. A Certificate of Compliance must be transmitted to OAL by 9-30-2024 or emergency language will be repealed by operation of law on the following day.
Note: Authority cited: Sections 54237, 54237.10, 54239.4 and 54239.5, Government Code. Reference: Sections 54236, 54237, 54238, 54239.4 and 54239.5, Government Code.
2. Amendment of subsection (a)(2), new subsections (c)-(c)(1) and amendment of Note filed 4-7-2022 as an emergency; operative
3. Refiling of 4-7-2022 emergency amendments, including amendment of section and Note, on 7-3-2023 as an emergency; operative
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