WILLIAM DONALD SCHAEFER, Governor                      Ch. 96

WHICH IS OWNED OR MANAGED BY ANY HOUSING AUTHORITY AUTHORIZED
UNDER ARTICLE 44A OF THE CODE, THE PROVISIONS OF THIS SUBTITLE
SHALL SUPERSEDE THE PROVISIONS OF ARTICLE 44A, SECTIONS 9 AND 10
OF THE CODE AND ANY OTHERWISE APPLICABLE RESTRICTIONS ON TENANT
INCOME PROVIDED FOR IN ARTICLE 44A OR 44B OF THE CODE.

(L) THE RIGHT OF FIRST PURCHASE UNDER THIS SECTION MAY NOT
APPLY TO ANY PREPAYMENT OF A MORTGAGE AND SALE OF AN ASSISTED
PROJECT OTHERWISE CONSTITUTING A PROTECTED ACTION IF THE
PREPAYMENT AND SALE IS PURSUANT TO A PLAN OF ACTION APPROVED BY
THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT UNDER § 225 OF THE
HOUSING AND COMMUNITY DEVELOPMENT ACT OF 1987.

9-105.

(A)  UNLESS THE OWNER HAS OFFERED THE RIGHT OF FIRST
PURCHASE IN ACCORDANCE WITH § 9-104 OF THIS TITLE, AND THE
ASSISTED PROJECT IS PURCHASED BY ANY PARTY LISTED IN § 9-104(B)
OF THIS TITLE , IN CONJUNCTION WITH ANY PROTECTED ACTION, THE
OWNER SHALL PROVIDE THE TENANT PROTECTION ASSISTANCE BY:

(1)  PAYING TO EACH ASSISTED HOUSEHOLD, AN AMOUNT
EQUAL TO THE SUM OF:

(I)  $475 NO LATER THAN THE DATE ON WHICH THE
ASSISTED HOUSEHOLD VACATES THE UNIT; AND

(II)  REIMBURSEMENT TO THE ASSISTED HOUSEHOLD
FOR RELOCATION EXPENSES IN EXCESS OF $475 UP TO $950 WHICH ARE
ACTUALLY AND REASONABLY INCURRED; AND

(2)  OFFERING TO EACH ASSISTED HOUSEHOLD WHICH IS
CURRENT IN ITS RENT PAYMENT AND HAS NOT VIOLATED ANY OTHER
MATERIAL TERM OF ITS LEASE, A LEASE EXTENSION FOR A PERIOD OF AT
LEAST 1 YEAR FROM THE GIVING OF THE NOTICE OF INTENT.

(B)  (1) THE RATE OF RENT FOR THE EXTENDED LEASE UNDER
SUBSECTION (A)(2) OF THIS SECTION MAY NOT EXCEED THE AMOUNT
REQUIRED TO BE CONTRIBUTED BY THE ASSISTED HOUSEHOLD FOR RENT
UNDER THE ASSISTED HOUSEHOLD'S CURRENT LEASE, AND MAY ONLY BE
INCREASED ON THE ANNIVERSARY OF THE COMMENCEMENT DATE OF THE
ASSISTED HOUSEHOLD'S CURRENT LEASE.

(2)  ANY SUCH INCREASE MAY NOT EXCEED THE LESSER OF
(I) THE AMOUNT OF INCREASE PERMITTED BY APPLICABLE FEDERAL,
STATE, OR LOCAL LAW, AND (II) AN AMOUNT DETERMINED BY MULTIPLYING
THE AMOUNT REQUIRED TO BE CONTRIBUTED BY THE ASSISTED HOUSEHOLD
FOR RENT FOR THE PRECEDING YEAR BY THE PERCENTAGE INCREASE FOR
THE APPLICABLE U.S. CONSUMER PRICE INDEX, AS SELECTED BY THE
SECRETARY, FOR THE MOST RECENT 12-MONTH PERIOD.

(3)  EXCEPT AS PERMITTED OR REQUIRED BY THE SECRETARY,
ALL OTHER TERMS, CONDITIONS, AND PROCEDURES GOVERNING THE

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