§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 the same manner as adoption of the district, with the same notice and hearing requirements of section 5250. Before adopting an affordable housing development program, the municipal legislative body shall consider the factors and evidence specified in section 5247.

2.__Requirements.__The affordable housing development program must include:

A.__A financial plan in accordance with subsection 3;

B.__A description of facilities, improvements or programs to be financed in whole or in part by the affordable housing development program;

C.__Plans for the relocation of persons displaced by the development activities;

D.__The environmental controls to be applied;

E.__The proposed operation of the affordable housing development district after the planned improvements are completed;

F.__An assurance that the program complies with section 4349-A;