In addition to all other powers vested in the County, in carrying out the purposes of this Division, the County may exercise any or all of its powers for the construction, rehabilitation, or preservation of affordable housing for extremely low, very low, low and moderate income persons or families, including the following:
(a) Acquire real property or building sites.
(b) Improve real property or building sites with onsite or offsite improvements, but only if both: (1) the improvements are part of the new construction or rehabilitation of affordable housing units for low or moderate income persons that are directly benefited by the improvements, and are a reasonable and fundamental component of the housing units; and (2) the County requires that the units remain available at affordable housing cost to, and occupied by, persons and families of extremely low, very low, low, or moderate income for the same time period and in the same manner as provided in §§ 62101(c) and 62101(f)(2) of the Health and Safety Code.
(c) Donate real property to private or public persons or entities for affordable housing purposes.
(d) Accept a conveyance of real property owned by a public entity, declared surplus by a public entity, or owned by a private entity.
(e) Finance insurance premiums necessary for the provision of insurance during the construction or rehabilitation of properties that are administered by governmental entities or nonprofit organizations to provide housing for lower income households, as defined in § 50079.5 of the Health and Safety Code, including rental properties, emergency shelters, transitional housing, or special residential care facilities.
(f) Construct, acquire, repair, or rehabilitate buildings or structures, including multipurpose facilities and other community service facilities.
(g) To the extent the following households cannot obtain housing at affordable costs on the open market, provide subsidies to, or for the benefit of: extremely low income households, as defined by § 50106 of the Health and Safety Code; very low income households, as defined by § 50105 of the Health and Safety Code; lower income households, as defined by § 50079.5 of the Health and Safety Code; or persons and families of low or moderate income, as defined by § 50093 of the Health and Safety Code. Housing units available on the open market are those units developed without direct government subsidies.
(h) Develop plans, pay principal and interest on bonds, loans, advances, or other indebtedness, or pay financing or carrying charges.
(i) Maintain the community’s supply of mobile homes.
(j) Preserve the availability to lower income households of affordable housing units in housing developments that are assisted or subsidized by public entities and that are threatened with imminent conversion to market rates.
(k) Make loans to improve, increase, or preserve the supply of low and moderate income housing, emergency shelters for homeless persons or households.
(l) Sell, lease, grant, donate or otherwise convey real property owned or acquired by the County to a housing authority, private or nonprofit organization, or to any public body for public housing projects.
(m) Require, by recorded covenants or restrictions, that all dwelling units constructed or rehabilitated pursuant to this Division shall remain available at affordable rent or housing cost to, and occupied by, low or moderate income households, for the longest feasible time, but for not less than 55 years for rental units and 45 years for owner-occupied units.
(Ord. 4316, passed - -2017)