Title
a. Approve and authorize Amendment No. 2 to the Michael Mount and Brandi Mount individual Inclusionary Housing Agreement to allow conveyance of their inclusionary unit into a revocable 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 Michael Mount and Brandi Mount individual Inclusionary Housing Agreement to allow conveyance of their inclusionary unit into a revocable 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, Michael Mount and Brandi Mount, purchased their inclusionary unit in 2003 and executed a 30-year Inclusionary Housing Agreement (“Agreement”) with the County. They indicated in their 2025 monitoring response that they had transferred their inclusionary unit into a Trust without the County’s approval. On February 10, 2025 our office sent the owners a letter informing them that their transfer was unauthorized by the County. That same letter notified the owners that any unauthorized transfer may be invalid, and may trigger the County to exercise its option to purchase the inclusionary unit from them.
Now, these inclusionary unit homeowners are requesting approval to transfer title of their Inclusionary Housing Unit into a revocable living trust as part of their estate planning. They own the inclusionary unit in the Avila Minor Subdivision, and their unit is designated as a moderate-income unit. Under the terms of the recorded Owners’ Agreement with the County, transfers of title between owner-spouses and to eligible purchasers (i.e., new income qualified owner-occupants) are the only permitted transfe...
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