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Published 2 months ago

Elrich signs bill making it easier to acquire affordable housing infrastructure

Summary by Ground News
Montgomery County Executive Marc Elrich signed amendments into law Friday that aim to keep renters in their homes. The county has had a Right of First Refusal law for 40 years. Under the new amendment, the county can assign the right of first refusal to qualified affordable housing partners who are interested in purchasing a multifamily rental building.

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