- A. Each property owner who takes or intends to take a protected action shall send written notices of intent that comply with the requirements of §§7-201 and 7-202 of the Act and these regulations.
B. The purpose of providing notices of intent is to:
- (1) Inform appropriate government agencies of the proposed action, and its possible impact on the tenants, and the local stock of affordable housing;
- (2) Provide the Department with information to determine if the proposed action is legally permissible;
- (3) Inform assisted households of the proposed actions and their rights in the event federal assistance is discontinued; and
- (4) If the project is to be sold, afford other parties the opportunity to exercise a right of first purchase in accordance with §§7-204—7-211 of the Act.
Authority: Housing and Community Development Article, §§7-101—7-501, Annotated Code of Maryland
Effective date: April 18, 2011 (38:8 Md. R. 505)