Wheat Ridge staff recommends assigning state ROFO/ROFR rights to Foothills to preserve affordable units
City staff told the council they had received three notices under new state rights for certain multifamily properties and recommended assigning those rights to Foothills Regional Housing so experts can act quickly to preserve naturally occurring affordable housing.
The full story
City staff recommended the city assign newly created local rights — the right of first offer (ROFO) and right of first refusal (ROFR) established by recent state legislation — to Foothills Regional Housing so a regional partner can act within the tight statutory timelines.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in