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The grants and loans provided under this chapter to owners of residential rental property for the production or repair of residential rental property, or for the benefit of certain owner- occupied property, shall be administered by the County Administrator or his/her designee in accordance with the purpose and provisions of this chapter. The County Administrator may adopt rules and regulations to ensure compliance with the integrity and legislative intent of this chapter, and such other rules and procedures as may be necessary and consistent with those outlined in the Housing Funds Guidelines approved by the Board of Supervisors on July 1, 2008, as may be revised from time to time, including but not limited to application process, use of funds, application review criteria, funding priority, application submission and review process, submission criteria and required documentation. The loans related to the Multi-family Housing Loan Program and the Rental Housing Acquisition and Preservation Loan Program shall be approved at the discretion of the Board of Supervisors, in accordance with the Multi-family Housing Loan Program Guidelines dated July 3, 2018, as amended on July 13, 2019, or the Rental Housing Acquisition and Preservation Loan Program Guidelines, approved on January 18, 2022, respectively. Any new loan or grant program authorized by the Board of Supervisors under Chapter 1460 shall be regulated and administered in accordance with the guidelines adopted by the Board of Supervisors at the time of establishment of such new program.
(Ord. 09-01. Passed 1-12-09; Ord. 22-04. Passed 3-9-22.)