30-A §5249. Selection criteria (REPEALED)
§5249. Selection criteria (REPEALED) SECTION HISTORY PL 2003, c. 451, §NNN2 (NEW). PL 2003, c. 688, §D1 (RP).
30-A §5247. Affordable housing development districts
§5247. Affordable housing development districts 1. Creation. A municipal legislative body may designate an affordable housing development district within the boundaries of the municipality in accordance with the requirements of this subchapter. If the municipality has a charter, the designation of an affordable housing development district may not be in conflict with the provisions of […]
30-A §5250. Program administration; rules (REPEALED)
§5250. Program administration; rules (REPEALED) SECTION HISTORY PL 2003, c. 451, §NNN2 (NEW). PL 2003, c. 688, §D1 (RP).
30-A §5248. Affordable housing development programs
§5248. Affordable housing development programs 1. Adoption. The legislative body of a municipality shall adopt an affordable housing development program for each affordable housing development district. The affordable housing development program must be adopted at the same time as the district as part of the district adoption proceedings or, if at a different time, in […]
30-A §5250-A. Unorganized territory (REPEALED)
§5250-A. Unorganized territory (REPEALED) SECTION HISTORY PL 2003, c. 451, §NNN2 (NEW). PL 2003, c. 688, §D1 (RP).
30-A §5249. Project costs
§5249. Project costs 1. Authorized project costs. The director shall review proposed project costs to ensure compliance with this subsection. Authorized project costs are: A. Costs of improvements made within the affordable housing development district, including, but not limited to: (1) Capital costs, including, but not limited to: (a) The acquisition of […]
30-A §5250-B. Certification of qualified business (REPEALED)
§5250-B. Certification of qualified business (REPEALED) SECTION HISTORY PL 2003, c. 451, §NNN2 (NEW). PL 2003, c. 688, §D1 (RP).
30-A §5250. Procedure
§5250. Procedure 1. Notice and hearing. Before designating an affordable housing development district or adopting an affordable housing development program, the municipal legislative body or the municipal legislative body’s designee must hold at least one public hearing on the proposed district. Notice of the hearing must be published at least 10 days before the hearing […]
30-A §5250-A. Affordable housing tax increment financing
§5250-A. Affordable housing tax increment financing 1. Designation of captured assessed value. A municipality may retain all or part of the tax increment revenues generated from the increased assessed value of an affordable housing development district for the purpose of financing the affordable housing development program. The amount of tax increment revenues to be retained […]
30-A §5250-B. Rules
§5250-B. Rules The director may adopt rules necessary to carry out the duties imposed by this subchapter and to ensure municipal compliance with this subchapter following designation of an affordable housing development district. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A. [PL 2003, […]