To exempt from the Tenant Opportunity to Purchase Act of 1980 the transfer of real property owned by SOME, Inc. that is located at 1338 R Street, N.W., and known as Anna Cooper House.
BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Anna Cooper House TOPA Exemption Act of 2018".
Sec. 2. (a) The transfer of the real property described as Lot 818 in Square 240, located at 1338 R Street, N.W., and known as Anna Cooper House, from SOME, Inc. to an owner that qualifies as a nonprofit affordable housing developer under D.C. Official Code § 47-1005.02(a)(1), which is controlled by SOME, Inc. or by Affordable Housing Opportunities, Inc., is exempt from the Tenant Opportunity to Purchase Act of 1980, effective September 10, 1980 (D.C. Law 3-86; D.C. Official Code § 42-3404.01 et seq.).
(b) No tenant or tenant organization shall have the right to challenge the transfer made pursuant to subsection (a) of this section under sections 503 or 503a of the Rental Housing Conversion and Sale Act of 1980, effective September 10, 1980 (D.C. Law 3-86; D.C. Official Code §§ 42-3405.03 – 42-3405.03a.).
Sec. 3. Fiscal impact statement.
The Council adopts the fiscal impact statement in the committee report as the fiscal impact statement required by section 4a of the General Legislative Procedures Act of 1975, approved October 16, 2006 (120 Stat. 2038; D.C. Official Code § 1-301.47a).
Sec. 4. Effective date.
This act shall take effect following approval by the Mayor (or in the event of veto by the Mayor, action by the Council to override the veto), a 30-day period of congressional review as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December 24, 1973 (87 Stat. 813; D.C. Official Code § 1-206.02(c)(1)), and publication in the District of Columbia Register.