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    • Mar 17

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.

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