30-A §5033. Awards of grants and loans
Title 30-A: MUNICIPALITIES AND COUNTIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Part 2: MUNICIPALITIES HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Subpart 8: DEVELOPMENT HEADING: PL 1987, C. 737, PT. A, §2 (NEW)
Chapter 202: AFFORDABLE HOUSING PARTNERSHIP HEADING: PL 1989, C. 601, PT. B, §4 (NEW)
Subchapter 4: LAND ACQUISITION PROGRAM HEADING: PL 1989, C. 601, PT. B, §4 (NEW)
§5033. Awards of grants and loans
1. Criteria. In providing grants, loans and other resources to municipalities and nonprofit housing corporations under this section, the state authority shall develop criteria for the award of grants, loans and other resources. In developing the criteria, the authority shall consider:
A. The extent of the affordable housing crisis in the municipality or area in which land will be acquired or preserved for affordable housing; [1989, c. 601, Pt. B, §4 (NEW).]
B. The degree of impact that the grant or loan will have on the affordable housing problem; [1989, c. 601, Pt. B, §4 (NEW).]
C. The size of the lower income population in the area to be served; [1989, c. 601, Pt. B, §4 (NEW).]
D. The demonstrated interest and the ability of the municipality or nonprofit housing corporation to address the affordable housing crisis; [1989, c. 601, Pt. B, §4 (NEW).]
E. The degree to which the grant or loan will serve very low-income households; [1989, c. 601, Pt. B, §4 (NEW).]
F. The degree to which the grant or loan will increase the economic activity of the eventual residents of the housing; [1989, c. 601, Pt. B, §4 (NEW).]
G. The degree to which the nonprofit housing corporation provides for significant representation on its board of directors for both residents and community residents; [1989, c. 601, Pt. B, §4 (NEW).]
H. The degree to which the project will have significant self-help or volunteer labor in the development of the housing; [1989, c. 601, Pt. B, §4 (NEW).]
I. The degree to which the grants and loans will assure the long-term affordability of the housing by use of the homestead land trust or other techniques; and [1989, c. 601, Pt. B, §4 (NEW).]
J. Any other criteria that the authority considers necessary. [1991, c. 824, Pt. A, §62 (AMD).]
[ 1991, c. 824, Pt. A, §62 (AMD) .]
2. Selection process. The state authority shall select the municipalities to receive grants or loans from the Municipal Land Acquisition Revolving Fund and shall select the nonprofit housing corporations to receive funds from the Maine Affordable Housing Land Trust Fund.
[ 1991, c. 610, §17 (AMD) .]
3. Priorities. In selecting municipalities and nonprofit housing corporations to receive funds under this section, the selections must be based on priorities developed by the state authority. In developing these priorities, the authority shall consider:
A. The degree of activity of housing alliances in each municipality or region in addressing the affordable housing crisis; [1989, c. 601, Pt. B, §4 (NEW).]
B. The availability of other resources in the municipality or region that can be coordinated with funds and resources provided by the state authority; and [1991, c. 610, §17 (AMD).]
C. Any other priorities considered important by the state authority. [1991, c. 610, §17 (AMD).]
[ 1991, c. 610, §17 (AMD) .]
SECTION HISTORY
1989, c. 601, §B4 (NEW). 1991, c. 610, §17 (AMD). 1991, c. 824, §A62 (AMD).