current capacity, as capable of operating the housing and related facilities for its remaining useful life, either by itself or through a management agent.
(ii) The not-for-profit corporation has a broadly representative board, a majority of whose members are community based and have a proven track record of local community
service.
(B) A local public housing agency. For purposes of this subdivision, “local public housing agency” means a housing authority, redevelopment agency, or any other agency of a city, county, or city and county, whether general law or chartered, that is authorized to own, develop, or manage housing or community development projects for persons and families of low or moderate income and very low income.
(C) A not-for-profit, charitable corporation organized on a multicounty, state, or multistate basis that satisfies both of the following:
(ii) The charitable corporation owns or operates at least three comparable rent- and income-restricted affordable rental properties governed under a regulatory agreement with a department or agency of the State of California or the United States, either directly or by serving as the managing general partner of limited partnerships or managing member of limited liability corporations.
(D) A multicounty, state, or multistate agency that satisfies both of the following:
(ii) The agency owns and operates at least three comparable rent- and income-restricted affordable rental properties governed under a regulatory agreement with a department
or agency of the State of California or the United States, either directly or by serving as the managing general partner of limited partnerships or managing member of limited liability corporations.
(E) Any other not-for-profit organization that the department determines is sufficiently similar to any of the organizations described in this paragraph.
applicant has previously received development funds from the department, is in good standing, and meets the requirements of paragraph (3) of subdivision (b), the department may automatically deem such organizations certified.
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