|
| | | An Act To Establish a Municipal Affordable Housing |
|
| | | Development District Tax Increment Financing Program |
|
| | | Be it enacted by the People of the State of Maine as follows: |
|
| | | Sec. 1. 30-A MRSA c. 206, sub-c. 3 is enacted to read: |
|
| | | MUNICIPAL AFFORDABLE HOUSING |
|
| | | §5245.__Findings and declaration of necessity |
|
| | | 1.__Legislative finding.__The Legislature finds that there is | | a need for the development of affordable, livable housing and the | | containment of the costs of unplanned growth in Maine | | municipalities. |
|
| | | 2.__Authorization.__For the reasons set out in subsection 1, a | | municipality may develop a program to provide impetus for | | affordable housing development within a district of the | | municipality, as provided in the comprehensive plan adopted by | | the legislative body of the municipality. |
|
| | | 3.__Declaration of public purpose.__It is declared that the | | actions required to assist the implementation of affordable | | housing development programs are a public purpose and that the | | execution and financing of these programs are a public purpose. |
|
|
