Agenda Text
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That the Director of SPCD contact local mortgage lenders to determine how the proposed "Tenants Right to Purchase" policy might affect the ability of home-buyers to secure financing, and report back to this Board in writing.
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Official Text
That the Executive Director of the Office of Strategic Planning and Community Development (Housing) contact a number of local mortgage lenders to determine how the proposed draft "Tenants Right to Purchase" policy might affect the ability of home-buyers to secure financing for a home purchase, and present their findings to this Board in writing.