Grants a right of first offer to qualified nonprofits for the purchase of certain multi-family residential properties at market prices, within a reasonable period of time to promote the creation and preservation of affordable rental housing.

Introduced

Feb 7, 2025

Last Action

Apr 3, 2025

Session

RI 2025

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04/03/2025 Committee recommended measure be held for further study

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AN ACT RELATING TO PROPERTY -- COMMUNITY OPPORTUNITY TO PURCHASE ACT

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Primary Sponsors