Preference for Displaced and Local Residents Sample Clauses

Preference for Displaced and Local Residents. In order to ensure that there is an adequate supply of affordable housing within the City of Healdsburg for residents and employees of businesses within the City, to the extent permitted by law and consistent with the program regulations for funding sources used for development of the Affordable Units, within the pool of eligible applicants, first priority should be given to qualified households with members who live or work in the city limits of Healdsburg. If there are no qualified Very Low and Lower Income Households who meet these criteria, second priority shall be granted to qualified households with members who live or work in unincorporated north Sonoma County, Windsor, Geyserville, or Cloverdale. In the event there are fewer applicants for the Affordable Units that meet the criteria specified in this paragraph than there are available Affordable Units, such units shall be made available to members of the general public who are qualified Very Low and Lower Income Households. Notwithstanding the foregoing, in the event of a conflict between this provision and the provisions of Section 42 of the Internal Revenue Code of 1986, as amended, the provisions of such Section 42 shall control if such provisions apply to the project due to Affordable Unit financing sources.
Sample 1

Related to Preference for Displaced and Local Residents

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