§ 16-26. Administration of sale and rental of affordable dwelling units.

(a)

Generally. The provisions of this article regarding the sale and rental of affordable dwelling units and the qualification and selection of households for occupancy of affordable dwelling units shall be administered by the City Council's designee. The designee may be any person or any agency of the City or any nonprofit entity or other entity having pertinent knowledge and experience.

(b)

Rules and standards. The Director shall establish reasonable rules and standards that shall be followed by the designee in the administration of the sale, resale, rental and re-rental of affordable dwelling units and in the selection and qualification of households for occupancy of affordable dwelling units. Such rules and standards may include giving eligibility priority to persons who live or work in the City or requiring that purchasers be first-time homebuyers, or both. Such rules and standards shall include, but are not limited to, the following:

(1)

Standards for determining eligibility to purchase or rent affordable dwelling units.

(2)

The method of selecting eligible households.

(3)

Standards for determining sale and rental prices by the designee for affordable dwelling units in conformance with applicable provisions of Code of Virginia, § 15.2-2305.

(Code 2004, § 58-78; Ord. No. 2008-39-59, § 2, 3-24-2008)

(Code 2004, § 58-78; Ord. No. 2008-39-59, § 2, 3-24-2008)