What is the CPC Affordable Housing Deed Restriction program?The Community Preservation Committee (CPC) is sponsoring a program in which it will purchase deed restrictions for existing housing in Stow in exchange for a contractual guarantee (deed restriction) making the housing affordable in perpetuity. To be affordable, housing units, when they are eventually sold, must be sold to individuals or families who earn less than 80% of the median household income for this area.
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If you participate in this program, you will receive money from selling the deed restriction, andy our property tax burden will most likely be reduced. Additionally, you will be helping the community reach its affordability requirement without increasing housing stock and demand on Town services.
While the Deed Restriction Program is an exciting opportunity to sell a portion of the equity iny our home without altering your living arrangements, this program is not for everyone.
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a. Production of new dwelling units deed restricted in perpetuity to rental and sale price terms as defined in these guidelines.
a/b. Conversion of existing dwelling units to deed restricted status by recording a deed restriction in perpetuity upon those units restricting them to the rental and sale price terms, qualification and occupancy requirements of these guidelines (such units may not alreadybe deed restricted by APCHA guidelines).
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1. All owner occupied Community Housing and Rental Community Housing shall be placed under a deed restriction in perpetuity, limiting the purchased priced or rental fees for a set number of rental units to a percentage of DHCD established maximum low and moderate-income purchase price or maximum rental fees.
2. The maximum CPA Funds to be paid for a deed restriction on owner occupied property shall not exceed $50,000.
3. The maximum CPA Funds to be paid for a deed restriction on each rental unit in an apartment or rental condominium unit shall not exceed $25,000 per low or moderate-income affordable unit and the total per complex is not to exceed $75,000.
4. The deed restriction shall identify the terms and conditions to be met when a property is sold or rented.
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Note added at 1 day25 mins (2009-05-06 12:04:08 GMT)
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Można dać "warunków". Wyżej miało być:
"If you participate in this program, you will receive money from selling the deed restriction, and YOUR property tax burden will most likely be reduced."

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Note added at 1 day8 hrs (2009-05-06 19:46:59 GMT) Post-grading
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Dziękuję. Bardzo przepraszam za tak mało staranne tłumaczenie.