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Committee sends expanded nonprofit purchase rights for multifamily buildings to full Board
Summary
The committee advanced an amendment to the administrative code requiring sellers to offer qualified nonprofits a right of first offer and right of first refusal and to provide additional disclosures; no public commenters spoke on the item and the committee sent it to the full Board with a positive recommendation (3‑0).
San Francisco — The Land Use and Transportation Committee on Oct. 26 voted to send to the full Board amendments to the administrative code expanding nonprofit rights to purchase multifamily residential buildings.
Legislative staff described the changes as enhancements to the Community Opportunity to Purchase Act (COPPA): sellers would be required…
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