Establishes a statutory housing restriction and remedies for statutory housing.
The bill creates a statutory housing restriction and provides remedies related to statutory housing. It defines terms such as "affordable value," "eligible household," and "statutory housing restriction." The bill outlines procedures for the sale of statutory housing premises, including notice requirements and the process for selecting a buyer. It also details the rights and obligations of holders of statutory housing restrictions and the conditions under which the restriction can be terminated.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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