S560 — Provides for a transfer fee of 75% of the fair market value in dissolution or sales of a rental project or mutual company

S560 — Provides for a transfer fee of 75% of the fair market value in dissolution or sales of a rental project or mutual company · Informed CitizenryThis bill amends the private housing finance law to establish a transfer fee for the dissolution or sale of rental projects and mutual companies. Specifically, it requires a transfer fee equal to 7…Open in Informed Citizenry