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| Sec. 2. 30-A MRSA §4722, sub-§1, ¶Z, as enacted by PL 2005, c. 261, §3, is | | amended to read: |
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| | | Z. Condition approval of funding of a housing project upon | | an applicant's compliance with municipal health, safety and | | sanitation standards. The Maine State Housing Authority may | | condition approval of funding for a housing project upon a | | municipality's representation that the applicant, an | | affiliate of the applicant or any owner controlled by the | | applicant has no record of a material municipal code | violation of health, safety or sanitation standards.; and |
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| | | Sec. 3. 30-A MRSA §4722, sub-§1, ¶AA is enacted to read: |
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| | | AA.__Certify transfers of multifamily affordable housing | | property that qualify for the deduction under Title 36, | | section 5122, subsection 2, paragraph W or Title 36, section | | 5200-A, subsection 2, paragraph Q.__The affordability | | restrictions that apply under this paragraph must be | | contained in a declaration signed by the transferee and | | recorded in the appropriate registry of deeds at the time of | | the sale or transfer. |
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| | | (1)__For the purposes of this paragraph, "multifamily | | affordable housing property" means a decent, safe and | | sanitary dwelling, apartment building or other living | | accommodation that includes at least 6 units, that | | meets at least one of the following affordability | | restrictions and for which those affordability | | restrictions, as applicable, expire in 10 years or less | | from the date of the sale or transfer of the property: |
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| | | (a)__At least 20% of the units have restricted | | rents affordable to households earning no more | | than 80% of the area median income as determined | | by the United States Department of Housing and | | Urban Development; |
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| | | (b)__The property is assisted by the United States | | Department of Housing and Urban Development, the | | United States Department of Agriculture or the | | Maine State Housing Authority; or |
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| | | (c)__The property qualifies for low-income housing | | credits under the United States Internal Revenue | | Code of 1986, Section 42. |
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| | | (2)__For the purposes of this paragraph, property does not | | qualify as multifamily affordable housing property |
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