An Act relative to homeowner assets

This bill (HD 536) allows homeowners who purchased properties through the Homeowner Opportunity Program at least 30 years ago to apply for removal of a deed rider restricting their property. The housing appeals committee will create an application process starting June 1, 2026, to evaluate these requests. If approved, homeowners can sell their homes at fair market value after negotiating terms with the committee, effectively removing a long-standing ownership restriction. The bill directly affects older homeowners in the Homeowner Opportunity Program who face this specific deed limitation.