S13 18-2106 Subject: Modifications To Condominium Conversion Ordinance
From: President Pro Tempore Kalb
Recommendation: Adopt An Ordinance Amending Oakland Municipal Code Chapter 16.36, Condominium Conversions, To: (1) Extend The Conversion Rights Requirement To Two- To Four-Unit Residential Buildings; (2) Require That A Conversion Rights Agreement Be Recorded At Latest 60 Days After The Building Permit For The Generating Residential Building Is Issued; (3) Enhance Tenant Rights And Notice Requirements To Tenants; And (4) Make Other Modifications; And To Direct City Administrator Or Designee To Study Alternative Methods Of (A) Ensuring One-For-One Replacement Of Rental Units In The City As A Result Of Condominium Conversions And (B) Increasing Affordable Home Ownership And Reducing Displacement Of Renters Subject To Conversion; And Adopt CEQA Exemption Findings
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Asian Pacific Environmental Network urges the council to support this ordinace, this is an important housing preservation, protection and equity strategy to allow Oakland's low- and moderate-income renters a better chance to stay in their homes and preserve rental housing stock.
Asian Pacific Environmental Network urges the council to support this ordinace, this is an important housing preservation, protection and equity strategy to allow Oakland's low- and moderate-income renters a better chance to stay in their homes and preserve rental housing stock.