Section 62117 Of Chapter 2. Replacement And Location From California Government Code >> Division 4. >> Title 6. >> Part 2. >> Chapter 2.
62117
. Whenever all or any portion of a revitalization plan area is
developed with low- or moderate-income housing units and whenever
any low- or moderate-income housing units are developed with any
authority assistance or pursuant to Section 62120, the authority
shall require in the recorded covenants for those units that the
housing be made available for rent or purchase to the persons and
families of low or moderate income displaced by the revitalization
project. Those persons and families shall be given priority in
renting or buying that in advance of marketing the units to the
general public. Failure to give that priority shall not affect the
validity of title to real property; however, a unit may not be
counted as a replacement or production unit in the event of
noncompliance with this provision. The authority shall keep a list of
persons and families of low and moderate income displaced by the
revitalization project who are to be given priority, and may
establish reasonable rules for determining the order or priority on
the list. The list shall be provided to the owner of those properties
at or before any certificate of occupancy is issued.