Establishes community land bank programs, creates tax credit programs, and prohibits certain real estate practices.
The bill creates community land bank programs to acquire, hold, and transfer unimproved real property for affordable housing. It establishes the Affordable Housing Construction Loan Program and the Retail-to-Residence Tax Credit Program. It prohibits certain real estate practices, including the use of coordinators and consciously parallel pricing coordination by landlords. It also creates a uniform home resiliency grading scale and database.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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