Preservation of affordable housing; definitions; civil penalty. Creates a framework for localities to preserve affordable housing by exercising a right of first refusal on publicly supported housing, defined in the bill. The bill authorizes localities to adopt an ordinance that requires an owner to accept a right of first refusal offer by the locality or qualified designee, defined in the bill, in order to preserve affordable housing for at least 15 years.
More detail
The bill requires that any locality with a population greater than 3,500 adopting such an ordinance to preserve affordable housing submit an annual report to the Department of Housing and Community Development pursuant to existing law.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Apr 8Acts of Assembly Chapter text (CHAP0352)Latest