County Right of First Refusal Program: Multifamily Rental Properties

The Right of First Refusal (ROFR) Program requires owners of multifamily rental properties with 20 or more units to notify the Prince George's County Department of Housing and Community Development (DHCD) when they enter into a contract to sell their property. DHCD may then exercise its right to purchase the property — or assign that right to a third party — to preserve affordable rental housing for low- to moderate-income households in the county. The program also applies to transfers of...