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Mayor—s office outlines Certificate of Preference outreach and placement results; program faces deadlines and process questions
Summary
MOHCD staff described the Certificate of Preference program history, eligibility, outreach and recent placements: since taking over in April 2012 MOHCD issued 98 certificates and helped 19 certificate holders move into affordable housing; program project‑area expirations are currently set for Jan. 2016 with two possible five‑year extensions.
The Mayor's Office of Housing and Community Development (MOHCD) briefed the commission on Oct. 15 about the Certificate of Preference (COP) program, the decades‑old preference right for households displaced by past redevelopment activities.
Brian Chu of MOHCD summarized the program history (origin 1963; expansion to household members in 1999), the current administration of the COP program by MOHCD since April 2012, and the mechanics: certificate holders are prioritized in lotteries for OCII‑funded, MOHCD below‑market‑rate and 100% affordable projects and must still meet project eligibility criteria (income, credit, other underwriting). "The certificate holder... is put at the very top of…
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