<?xml version='1.0' encoding='utf-8'?>
<section article="grp" article_name="Real Property" number="14-504" title_number="14" title_name="Miscellaneous Rules" subtitle_number="5" subtitle_name="Affordable Housing Land Trusts">
  <text>In accordance with this subtitle, an affordable housing land trust may: </text>
  <level label="1">
    <text>Acquire residential real property;</text>
  </level>
  <level label="2">
    <text>Acquire an interest in property for the construction of residential real property;</text>
  </level>
  <level label="3">
    <text>Make improvements on residential real property;</text>
  </level>
  <level label="4">
    <text>Enter into affordable housing land trust agreements with persons who meet the criteria set out in this subtitle and any other criteria as established in the affordable housing land trust agreement for the transfer of an interest in residential real property; and</text>
  </level>
  <level label="5">
    <text>Engage in other activities related to the sale, leasing, management, maintenance, and preservation of properties under the control of the affordable housing land trust.</text>
  </level>
</section>
