· RI legislature · 2025

AN ACT RELATING TO 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.

Sponsor

Alana DiMario (D-RI)

Introduced

2025-02-07

Policy area

Housing and Community Development

Latest action

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