Title
a. Approve and authorize Amendment No. 2 to the Lori G. Ducoing and Richard F. Ducoing Inclusionary Housing Agreement to allow conveyance of their inclusionary unit into a revocable living trust; and
b. Approve and authorize the Housing and Community Development Director or his designee to execute the approved Amendment No. 2 to the Inclusionary Housing Agreement.
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RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize Amendment No. 2 to the Lori G. Ducoing and Richard F. Ducoing Inclusionary Housing Agreement to allow conveyance of their inclusionary unit into a revocable living trust; and
b. Approve and authorize the Housing and Community Development Director or his designee to execute the approved Amendment No. 2 to the Inclusionary Housing Agreement.
SUMMARY:
Inclusionary Housing Program homeowners, Lori G. Ducoing and Richard F. Ducoing, purchased this inclusionary unit on August 28, 1998, and only Lori G. Ducoing executed a 30-year Inclusionary Housing Agreement (“Agreement”) (as a married woman to Richard F. Ducoing) with the County that was recorded on September 22, 1998. Richard F. Ducoing has been added to the Inclusionary Housing Agreement via a Memorandum and Reaffirmation of Inclusionary Housing Agreement where he has accepted the terms and conditions of the Inclusionary Housing Program.
The owners informed us with their 2026 monitoring that they had transferred their inclusionary unit into a Trust without the County’s approval. Our office informed the owners that their transfer was unauthorized by the County, and they’ve been working with their attorney since then to get it corrected.
Now, these inclusionary unit homeowners have submitted all the required documents and are requesting approval to transfer title of their Inclusionary Housing Unit into a revocable living trust as part of their estate planning. Lori G. Ducoing and Richard F. Ducoing own the inclusionary unit in the Las Palmas Ranch ...
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