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2018 Regular Session



Assisted Housing Preservation Act - Assisted Projects, Protected Actions, and Duties of the Department of Housing and Community Development

Sponsored by:

Delegate Lafferty


In the Senate - Hearing 3/29 at 1:00 p.m.

Synopsis:Applying provisions of the Assisted Housing Preservation Act to an owner of an assisted project that pays or intends to pay in full as of the maturity date certain mortgage financing; applying certain provisions to an owner of an assisted project on the termination or expiration of a certain State subsidy; requiring the Department of Housing and Community Development to convene a meeting by December 31, 2018 of for-profit and nonprofit stakeholders to assist in developing a plan to preserve units in affordable housing; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates Lafferty, Lierman, and Holmes
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2018
Environment and Transportation  View Committee HearingEducation, Health, and Environmental Affairs  View Committee Hearing
Broad Subject(s):Economic and Community Development
Narrow Subject(s):Electronic Government -see also- Electronic Communication
Housing and Community Development, Department of
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
State Aid
Statutes:Article - Housing and Community Development
(1-101, 7-101, 7-102, 7-105, 7-105.1, 7-405)

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Explanation of Floor Motions and Actions

March 30, 2018 10:59 A.M.