Proposed Language for Administrative Guidelines – Certification of Qualified Nonprofits
Pursuant to Chapter 14.26.050 of the East Palo Alto Municipal Code, the City Council shall certify and recertify Qualified Nonprofits via an application process as set forth in the Administrative Guidelines.
This application process for Qualified Nonprofits shall, at a minimum, require nonprofit organizations to meet the following threshold eligibility criteria by demonstrating the following:
a. The organization is exempt from federal income tax under 26 USC Section 501(c)(3), or a California cooperative corporation; b. The organization has capacity to acquire, provide and manage affordable housing for extremely low, very low, and low income households; c. The organization has a commitment to the provision of affordable housing for extremely low, very low, low, and moderate income residents, and to preventing the displacement of such residents;
d. The organization has a commitment to community engagement and experience working in East Palo Alto directly or with East Palo Alto-based organizations;
e. The organization has at least five (5) years of experience acquiring and developing affordable residential properties, or is partnering with another organization to acquire and develop, affordable residential properties.