Legislation Details

File #: 25-14045    Version: 1 Name:
Type: Action Calendar Status: Agenda Ready
File created: 6/3/2025 In control: City Council
On agenda: 6/17/2025 Final action:
Title: Subject: Options on preservation and anti-displacement of Below Market Rate (BMR) units; Consider approval of BMR Anti-Displacement Policy
Sponsors: Kirsten Squarcia
Attachments: 1. Staff Report, 2. A - Draft Resolution (BMR Anti-Displacement Policy), 3. B - December 19, 2024 Housing Commission Special Meeting Minutes, 4. C - April 21, 2025 Housing Resource Fair Interest List and Comments Received

Title

Subject:  Options on preservation and anti-displacement of Below Market Rate (BMR) units; Consider approval of BMR Anti-Displacement Policy

 

Recommended Action

Receive presentation on preservation and anti-displacement for tenants residing in expiring Below Market Rate units in market rate developments for adoption; Adopt Resolution No. 25-051 (Attachment A) approving amendments to the BMR Admin Manual to create an anti-displacement policy for tenants residing in expiring Below Market Rate units