28.8 COMPLIANCE AND MONITORING

Developments subject to the provisions herein shall not receive a Certificate of Occupancy until the Department of Safety and Permits has verified that the affordability requirements have been met. In addition, the developer shall comply with the permitting and reporting requirements set forth in the Code of Ordinances, Article XII, Sections 26-636 and 26-637 of the Code of the City of New Orleans.

A. For-sale developments must have a covenant or deed restriction to ensure the initial homebuyer of the affordable housing unit lives in the unit as their primary residence for a minimum of five (5) years. The deed restriction shall be recorded in the Office of Conveyances and a copy of the recorded document needs to be approved by the Department of Safety and Permits, Inclusionary Zoning (IZ) office prior to the issuance of a Certificate of Occupancy. In the event the property is sold prior to the end of the five (5) year term, the property shall be sold to an income eligible buyer.

Ord. 28739 MCS, 7-15-21, ZD 35/21; Ord. 29566, 8-1-23, Zoning Docket 014-23