Sections
5 entriesSection 817Defines limited-equity housing cooperatives and workforce housing cooperative trusts through nonprofit or charitable ownership, including qualifying leaseholds of at least 20 years,…Section 817.1Defines a workforce housing cooperative trust with a sponsor-only board for the first year after resident occupancy, one resident-elected member then, and…Section 817.2Requires dissolution of a publicly subsidized limited-equity housing cooperative or workforce housing cooperative trust to include a city or county public hearing…Section 817.3Establishes that every entity named as a sponsor organization of a workforce housing cooperative trust formed under the referenced provision has the…Section 817.4Allows a prevailing plaintiff in an action filed on or after January 1, 2010 against a board and its members for specified…