The Mayor is hereby authorized to contract with eligible housing owners to make local rent supplement payments. The Mayor is further authorized to lease and sublet properties, including individual standard dwelling units, for utilization therein of local rent supplements and to enter into leases with the San Francisco Redevelopment Agency or City sponsored nonprofit corporations, which lease may contain a provision that the monthly rental payments not be in amounts and for a time period less than the owner's debt service obligation against that property. The Mayor may engage in these transactions in order to comply with federal or state relocation requirements, or in order to comply with any court order regarding relocation requirements, or as otherwise allowed by law.
(Added by Ord. 290-72, App. 10/10/72; amended by Ord. 243-00, File No. 001309, App. 10/27/2000)