§ 2-292 — Duties

Sec. 2-292. - Duties.

(a) The commission shall be charged with the duties of advising the mayor, city council, and the department of housing and community development as to appropriate policies and procedures in implementing the City of Charleston's Homeownership Initiative Program (the "Initiative"). (b) The commission shall also serve as the Initiative's loan review committee in advising the department of housing and community development as to the approval or disapproval of requests for construction or renovation financing for units to be developed and requests for permanent subsidy funding for units sold to eligible buyers under the initiative. (c) The commission shall also serve as the decision-making body in the consideration of requests from buyers of Initiative-assisted units regarding subordination and/or assumptions of loans or any other requests concerning modifications to or deviations or variances from Initiative policy, covenants or other legal requirements associated therewith. (d) The commission shall be charged with the duty of advising the mayor, city council and the department of housing and community development as to the appropriate policies and procedures in implementing the City of Charleston's employer assisted housing program and shall also serve as the decision-making body in consideration of requests from employees who have applied to participate in the employer assisted housing program in compliance with the written policies and procedures as approved by the mayor.

(Ord. No. 2002-47, § 1, 3-26-02; Ord. No. 2003-04, § 1, 1-14-03)