ACT 159, SB1244 SD2 HD2 CD1, 7/10/2017
Posted on Jul 13, 2017 in 2017 ActsRELATING 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.