(A) If a school district or a public post-secondary educational institution intends to transfer land to the city to be further granted to a qualifying grantee as part or all of an affordable housing project, this transfer shall be subject to the limitations contained in the Act that the school district and the Commission enter into a contract that provides the school district with a negotiated number of affordable housing units that will be reserved for employees of the school district. Any transfer of land by a public post-secondary educational institution shall be subject to the additional limitations contained in the Act that:
(1) The property transferred shall be granted to a qualifying grantee by the city as part of a grant for an affordable housing project; and
(2) The governing board of the public post-secondary educational institution and the Commission enter into a contract that provides the public post-secondary educational institution with affordable housing units.
(B) The city, in its discretion, may also hold any housing assistance grant made by any school district or public post-secondary educational institution in suspense pending the issuance by the city of any RFP or pending the award of the housing assistance grant by the city to the qualifying grantee without the issuance of an RFP by the city. Any award of a housing assistance grant by a school district or a public post-secondary educational institution shall subject the qualifying grantee of the grant to the oversight of the city and the MFA under the Rules.
(C) As used in this section, PUBLIC POST-SECONDARY EDUCATIONAL INSTITUTION means a state university or a public community college.
(Ord. 2023-002, passed 8-16-2023)