§ 30-A §4973-A — Notification of expiration

Any person, firm or organization that owns or has a controlling interest in any low-income rental housing shall provide notice of the expiration of any affordability restrictions or financial assistance to the tenants of that property, a tenants' organization for that property, if any, the Maine State Housing Authority and, if the property is located in the area of operation of a municipal housing authority, the municipal housing authority.
1.
Notice contents.
The notice required by this section must include:
2.
Notice timing.
If the affordability restriction or financial assistance is scheduled to terminate in 2 or more years after the effective date of this section, the notice must be mailed at least 2 years before the scheduled termination. If the affordability restriction or financial assistance is scheduled to terminate less than 2 years after the effective date of this section, the notice must be mailed by November 30, 2025.
3.
Notice delivery.
Notice provided to the Maine State Housing Authority, a municipal housing authority, a tenant and a tenants' organization must be sent by first-class mail, return receipt requested. Notice to a tenant must also be left in or under the door of the tenant's dwelling unit.

Legislative History

PL 2025, c. 381, §7 (NEW).