APPROVED: Foreclosure: Tenant First Right

Updated: Sep 19

UPDATE: This legislation was approved by both chambers on 8-24-22 and was forwarded to the Governor for signature on 8-31-22.

AB 2170 was introduced on 2-15-22 by Assembly Member Grayson.

This bill would require properties with 1-4 units going through foreclosure, to first be considered only for owner-occupants and eligible bidders for the first 30 days of listing. Eligible bidders include:

  • A prospective owner-occupant

  • A nonprofit corporation meeting certain requirements

  • A community land trust

  • A limited-equity housing cooperative

  • The state, the Regents of the University of California, a county, city, district, public authority, and any other political subdivision or public corporation in the state.

7 views0 comments

Related Posts

See All

UPDATE: This legislation was introduced on 11-30-2021 and was approved by signature of the Mayor on 8-4-2022. Ordinance 211232 was introduced on 11-30-21 by Supervisors Melgar, Mar, Mendelman, and Sa

UPDATE: This legislation was introduced on 4-5-22 and was approved on 6-17-22. Ordinance 220341 was introduced on 4-5-22 by Supervisor Melgar. This Ordinance: Clarifies that the date a property is wi

UPDATE: This legislation was introduced on 3-22-22 and was approved on 5-13-22. Ordinance 220284 was introduced on 3-22-22 by Supervisors Peskin and Chan. This Ordinance creates new cleaning standard