Center Park Apartments
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What Center Park Apartments's governing documents say
This is a Regulatory Agreement and Declaration of Restrictive Covenants for Center Park Apartments, a multifamily rental community in Casa Grande, AZ. It is not a standard HOA or condo rulebook; instead, it binds the property owner (landlord) to maintain a portion of units as affordable for low-to-moderate income households, in exchange for tax-exempt bond financing. Residents are not direct parties to this document, but their tenancy may be subject to income limits and other restrictions imposed on the landlord.
- Affordability & income limits: During the Qualified Project Period (at least 10 years), at least 20% of the dwelling units must be occupied solely by Low or Moderate Income Tenants—households whose adjusted income does not exceed 80% of the area median gross income. The landlord must collect and maintain income certifications for these units.
- Minimum lease term (30 days): No dwelling unit may be leased for a period of less than 30 days. Transient use (hotel, motel, dormitory, etc.) is prohibited. This ensures the community is for longer-term rental housing.
- Fair housing & non-discrimination: The landlord may not discriminate based on age, sex, religion, race, color, creed, or national origin in renting or advertising. This does not restrict occupancy based on income limits.
- Student occupancy restriction: Units occupied entirely by full-time students (with exceptions for joint filers) are not counted as Low or Moderate Income Tenants, but the document does not prohibit student tenants—it only affects the landlord's compliance counting.
- What this document doesn't cover: This document does not cover pet policies, parking rules, noise regulations, or typical HOA/condo covenants. It is a financing-related affordability covenant, not a resident conduct rulebook.
Key facts from Center Park Apartments's documents
- Community type
- Multifamily rental housing project (Recital: 'multifamily housing developmen)
- Developer / declarant
- Center Park Properties, LLC (Borrower) (Parties at the beginning of the agreemen)
- Governing law
- Arizona Revised Statutes, Sections 35-701 et seq. (the 'Act') (Section 1 definition of 'Act')
- Leasing & rentals
- No Dwelling Unit shall be leased or rented for a period of less than 30 days. (Section 3(c))
- Use restrictions
- The Project shall be owned, managed and operated as a project for residential rental property. (Section 3)
- Amendments
- May be amended by an instrument in writing executed by Issuer, Trustee (so long as Bonds outstanding), and Borrower, and duly recorded. Consent requires Bond Counsel opinion that amendment won't affect tax-exempt status or evidence of invol (Section 8)
About this HOA
Center Park Apartments is a homeowners association in Casa Grande, AZ.
HOAproxy has 1 document on file for Center Park Apartments: 1 CC&R. Last updated 2026-06-14.