§ 16.85.160 AFFORDABLE RENTAL UNITS - RESIDENTIAL CONDOMINIUM CONVERSIONS.
   If any of the units in the project are classified as "affordable housing" under this Development Code, a conditional use permit allowing for residential condominium conversion can be approved only with a condition requiring the project to have the same number and type of affordable units after conversion. Such condition will be secured with an appropriate covenant in a form approved by the City Attorney. All units subject to this affordability restriction must be owner-occupied, except as otherwise set forth in an approved affordable housing plan. Any such units that are retained by the original owner and not sold are subject to affordable rental restrictions as set forth in this Development Code.
(Ord. 1169, passed 2-5-07)