(a) A hardship loan of up to $7,500 can be made to a low-income applicant who is the owner-occupant of a one-to-four dwelling unit building.
(b) To be eligible for a hardship loan the applicant must demonstrate to the satisfaction of the Chief Administrative Officer that: (1) the applicant's income does not exceed 80 percent of the median family income of the San Francisco-Oakland Standard Metropolitan Statistical Area as determined by the United States Department of Housing and Urban Development (HUD); and (2) that the applicant does not have other assets to correct housing code violations without jeopardizing the ability to be self supporting.
(c) An applicant whose income exceeds the standards promulgated by HUD, as described in Section (b) above, may appeal to the Loan Committee for approval of a hardship loan when age, health, physical handicap or size of family require unusual expenditures by applicant.
(Amended by Ord. 31-81, App. 1/9/81)