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ACT 159, SB1244 SD2 HD2 CD1, 7/10/2017

Posted on Jul 13, 2017 in 2017 Acts

RELATING TO AFFORDABLE HOUSING

Authorizes qualified nonprofit housing trusts to repurchase affordable units developed with government assistance when a government entity waives its first right of refusal to repurchase the unit. Authorizes counties to waive a first right of refusal to repurchase a privately-developed affordable housing unit built pursuant to a unilateral agreement or similar instrument.

ACT 159SB1244 SD2 HD2 CD1