RI S2631 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 10-0)
Status: Introduced on March 1 2024 - 25% progression
Action: 2024-03-14 - Committee recommended measure be held for further study
Pending: Senate Housing and Municipal Government Committee
Text: Latest bill text (Introduced) [PDF]

Summary

PROPERTY -- COMMUNITY OPPORTUNITY TO PURCHASE ACT - 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.

Tracking Information

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Title

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.

Sponsors


History

DateChamberAction
2024-03-14SenateCommittee recommended measure be held for further study
2024-03-08SenateScheduled for hearing and/or consideration (03/14/2024)
2024-03-01SenateIntroduced, referred to Senate Housing and Municipal Government

Subjects


Rhode Island State Sources


Bill Comments

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