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An applicant may request an exemption from the alteration certificate requirements set forth herein. The applicant must provide adequate documentation to establish qualification for one (1) of the following exemptions:

1. Economic hardship exemption. Exemptions are granted only to the specific owner and use and are not transferable.

a. For investment, or income-producing properties: The owner’s inability to obtain a reasonable rate of return in its present condition or if rehabilitated.

b. For non-income-producing properties consisting of owner occupied single-family dwellings and/or non-income-producing institutional properties not solely operating for profit: The owner’s inability to convert the property to institutional use in its present condition or if rehabilitated.

c. The consideration for economic hardship shall not include willful or negligent acts by the owner, purchase of the property for substantially more than the market value, failure to perform normal maintenance and repairs, failure to diligently solicit and retain tenants, or failure to provide normal tenant improvements.

2. Undue hardship. An applicant requesting an exemption based on undue hardship must show that the application of the criteria creates a situation substantially inadequate to meet the applicant’s needs because of specific health and/or safety issues.