Section 34-45-1. – Short title.

§ 34-45-1. Short title. This chapter shall be known and may be cited as “The Affordable Housing Preservation Act of 1988”. History of Section.P.L. 1988, ch. 508, § 1.

Section 34-45-10. – Rule making.

§ 34-45-10. Rule making. (a) The department shall issue such rules and regulations as may be necessary or appropriate to effectuate the purposes of this chapter. The rules and regulations shall include but need not be limited to: (1) Specific procedural safeguards to assure that every person and entity upon whom a right of first […]

Section 34-45-11. – Rights of tenants.

§ 34-45-11. Rights of tenants. (a) As used in this section the following words shall have the following meanings: (1) “Assistance required action” means any prepayment of a mortgage obligation secured by a development or an owner’s failure to renew a § 8 assistance contract to the full extent of owner’s renewal rights thereunder. (2) […]

Section 34-45-12. – Severability.

§ 34-45-12. Severability. If any clause, sentence, paragraph, section or part of this chapter shall be adjudged by any court of competent jurisdiction to be invalid, such judgment shall not affect, impair or invalidate the remainder of this chapter, but shall be confined in its operation to the clause, sentence, paragraph, section or part directly […]

Section 34-45-2. – Legislative findings.

§ 34-45-2. Legislative findings. (a) The general assembly recognizes, finds and declares that: (1) There exists a serious shortage of decent, safe, and sanitary rental units that are available at rents affordable to low and moderate income families in Rhode Island. Many families are denied access to decent housing because they are unable to meet […]

Section 34-45-3. – Legislative purpose.

§ 34-45-3. Legislative purpose. It is the purpose of this chapter to provide a mechanism which will, to the fullest extent possible: (1) preserve the availability and affordability to low and moderate income persons and families of currently available federally insured and assisted housing in the state, and (2) avoid the involuntary displacement of tenants […]

Section 34-45-4. – Definitions.

§ 34-45-4. Definitions. Terms used in this chapter shall be defined as follows, unless another meaning is expressed or clearly apparent from the language or context: (1) “Appurtenant land” means only the land and related facilities which are currently dedicated to the federally insured or assisted rental units, and does not include land which may […]

Section 34-45-5. – Notice of termination of section 8 contract.

§ 34-45-5. Notice of termination of section 8 contract. (a) Not less than two (2) years prior to terminating any contract under which rental assistance payments are received under § 8 of the United States Housing Act of 1937, 42 U.S.C. § 1437f, an owner shall provide written notice to the corporation, specifying the reasons […]

Section 34-45-6. – Notice of discontinuance.

§ 34-45-6. Notice of discontinuance. (a) Not less than two (2) years prior to: (1) Selling, leasing, or disposing of prepaying obligations secured by a federally insured or assisted development in a manner which would result in either: (i) A discontinuance of the use of the development as a federally insured or assisted housing development, […]

Section 34-45-7. – Opportunity to purchase.

§ 34-45-7. Opportunity to purchase. No owner shall: (1) Sell, lease, or otherwise dispose of, or prepay any obligation secured by, a federally insured or assisted development in a manner which would result in either: (i) A discontinuance of the use of the development as a federally insured or assisted housing development or a development […]

Section 34-45-8. – Offer to sell — Rights of first refusal.

§ 34-45-8. Offer to sell — Rights of first refusal. (a) At or before the time an owner of an existing federally insured or assisted development or an owner of a development that was federally insured or assisted within the preceding two (2) years (1) offers to sell, lease, or otherwise dispose of a development […]

Section 34-45-9. – Waiver of rights.

§ 34-45-9. Waiver of rights. (a) Any party to whom notice is required to be given may waive their rights at any time pursuant to a written waiver signed by a duly authorized representative, which waiver shall terminate all of their rights under this chapter. (b) For the purposes of the chapter, termination or expiration […]