§ 13-5-101. Short Title
This chapter shall be known and may be cited as the “Older Neighborhood Preservation Act.”
§ 13-5-102. Chapter Definitions
As used in this chapter, unless the context otherwise requires: “Dwelling unit” means a structure or the part of a structure that is used as a home, residence, or sleeping place by one (1) person who maintains a household or by two (2) or more persons who maintain a common household; “Older residential neighborhood” means […]
§ 13-5-103. Creation of Grant Program by Municipality or County
Upon the adoption of a resolution by a two-thirds (2/3) vote of the legislative body, a municipality or county may create a grant program for the revitalization of substandard residential rental property located in an older residential neighborhood and may also create a grant program for the revitalization of residential real property located in an […]
§ 13-5-104. Basis for Grant Programs
The grant programs shall be based on the estimated expense of renovating the property to property that is decent, safe and sanitary and that meets all local building and housing codes concerning fitness for habitation. The resolution establishing the grant program or programs shall at a minimum: For grants for substandard residential rental property: Identify […]
§ 13-5-105. Public Hearing
Before the legislative body adopts such a resolution establishing a grant program or programs, the legislative body shall hold a public hearing relating to the proposal, after publishing a notice of such public hearing in a newspaper of general circulation in the municipality or county at least two (2) weeks prior to the date of […]
§ 13-5-106. Approval Across Jurisdictions
If residential rental property or residential real property lies in more than one (1) taxing jurisdiction that has created a grant program under this chapter, approval for a grant by one (1) jurisdiction does not automatically establish approval for a grant in such other jurisdiction.
§ 13-5-107. Penalties for Failure to Use Grant Funds According to Program
It is theft of property punishable as provided in § 39-14-105 to knowingly fail to utilize grant funds in accordance with the program developed by the municipality or county.