Common Contracts
1 similar Gilroy Below Market Rate contracts
CITY OF GILROY BELOW MARKET RATE PROGRAM LOAN OFFICER ORIGINATION AGREEMENTGilroy Below Market Rate • January 23rd, 2020
A The City of Gilroy, a California municipal corporation (the “City”) established its Residential Development Ordinance (“RDO”) Section 30.50.60 of the City’s Municipal Code in part to encourage a sustainable rate of growth which will not exceed the City’s ability to provide adequate and efficient public services, create a process that fosters and promotes a balanced community with adequate housing to meet the needs of local employment and residents, encourage and promote the construction of an appropriate share of the regional need for housing, encourage and promote housing programs and activities to enable the City to meet the needs of all economic segments of the community, and promote the development and implementation of specific plans and master plans within the City. The provisions of the RDO apply to all residential development projects proposed to be constructed within the City, except for those residential development projects specifically listed as exempt under the RDO.
