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State Land Use Enacted Legislation

Bill # State Year Party Topic

H7986

RI 2024 D Affordable housing incentives and financing

Provided by Furman

Summary

  • Requires towns and cities to publish a list of abandoned properties and makes various other amendments regarding the sale of abandoned property by a receiver. Under a court-ordered sale, the court may give priority in a sale to any party willing to:
    • Designate and deed restrict the property for low- and moderate-income housing; or
      • Resell the property at least ten percent (10%) below an appraised market value; or
      • Designate any residential units in the property for occupancy through any housing choice voucher program; or
      • Restrict use of the property to owner-occupancy for a period of not less than twenty-four (24) months from the date of the issuance of a certificate of occupancy.

Provided by lawmakers

Bill Title

AN ACT RELATING TO PROPERTY -- ABANDONED PROPERTY

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