Sec. 7-61
- Citation
- Sec. 7-61
- Parent Document
- Somerville Code of Ordinances ch. 7, art. IV (Condominium/Cooperative Conversion)
- Jurisdiction
- Somerville (municipal)
Other Sections in This Document (153)
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Full Text
560 charsAny owner who has both kept rent levels at or below Somerville Housing Authority Section 8 payment standards in place at the time the notice is served for a minimum of three consecutive years and has limited rent increases to no more than five percent annually for three consecutive years shall be exempt from (a) being required to locate comparable rental housing and (b) from providing an additional two-year notice period in the event that after five years, the elderly, disabled or low or moderate-income tenant has not yet located alternative housing. (g)