Affordable Housing 101 - Local Governments Right to Property for Affordable Housing
In May 2024, Governor Polis signed House Bill 1175, granting local governments the Right of First Refusal (ROFR) on multifamily affordable housing properties, allowing them to acquire and preserve the long-term affordability of rental homes critical to their communities. The law also established a narrower Right of First Offer (ROFO) for local governments on certain multifamily properties outside those with current affordability restrictions.
Join us on August 14 for a deep dive into the bill's fundamental components and potential implications for your community. The webinar will cover key implementation details, including processes, eligibility, timelines, and compliance, as well as local government partnerships that can facilitate successful implementation.
While everyone is welcome to join, this webinar is particularly crucial for local government officials and administrators directly impacted by this new legislation.
We look forward to seeing you there!
Questions?
Contact Martina Guglielmone.
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