California AB1594 amends the sale of surplus nonresidential property by the Department of Transportation, prioritizing certain tenants and entities.
California AB1594 amends Section 54237 of the Government Code to establish new procedures for the sale of surplus nonresidential property by the Department of Transportation. The bill prioritizes the sale of single-family residences to former owners at fair market value and to present occupants under specific conditions. It also mandates that properties be offered to housing-related entities for affordable housing development. Nonprofit organizations operating residential structures for medical treatment receive priority in purchasing nonresidential properties at fair market value.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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