Resolve to plan, preserve, and protect
This bill creates a pilot program allowing cities and towns to apply for participation in a "tenant opportunity to purchase" initiative, directly affecting qualifying communities with high rental rates (70%+), displacement issues, and poverty. Eligible areas must meet specific criteria related to rental housing density, eviction data, and poverty levels, with up to 15 zip codes selected for the program. The pilot requires the housing office to establish regulations by December 2025, accept applications by June 2026, and operate for five years, ending with a report on program outcomes. It focuses on enabling renters in targeted communities to potentially purchase their homes while addressing displacement concerns through structured local planning.
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1 primary · 0 co-sponsors
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Role
Legislator
Party
State
District
P
Chris Worrell
DDemocratic
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