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Committee releases Manufactured Home Park Protection Act to expand resident purchase rights

Assembly Housing Committee · December 9, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The committee released A4973 to give resident homeowners in manufactured/mobile home parks a right of first refusal and a defined negotiation process, including notification requirements, a 51% consent threshold, a 120-day purchase window, and options to assign rights to municipalities or housing authorities.

The Assembly Housing Committee voted to release Assembly Bill 4973, the Manufactured Home Park Protection Act, which would grant resident homeowners in mobile or manufactured home parks and private residential leasehold communities (PRLCs) enhanced opportunities to preserve their communities by purchasing the land if an owner plans to sell or change the property's use.

Committee staff read the bill synopsis into the record: A4973 would…

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