Maine Revised Statutes Title 30-A Sec. 4972 – Definitions
Current as of: 2023 | Check for updates
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For the purposes of this subchapter, unless the context otherwise indicates, the following terms have the following meanings. [PL 2023, c. 218, §3 (RPR).]
1. Low-income rental housing. “Low-income rental housing” means rental housing with 5 or more residential units in which any of the units are:
A. Subject to federal or state income eligibility restrictions; [PL 2023, c. 218, §3 (NEW).]
B. Subject to rents that are controlled, regulated or assisted by a federal or state agency pursuant to a regulatory agreement, rental assistance agreement, restrictive covenant, mortgage or other documentation; or [PL 2023, c. 218, §3 (NEW).]
C. The subject of financial assistance given under a federal or state program designed to provide affordable housing to low-income or moderate-income people. [PL 2023, c. 218, §3 (NEW).]
[PL 2023, c. 218, §3 (NEW).]
Terms Used In Maine Revised Statutes Title 30-A Sec. 4972
- housing authority: means any of the public corporations created or authorized to be created by this chapter. See Maine Revised Statutes Title 30-A Sec. 4702
2. Holder. “Holder” means either the Maine State Housing Authority or a municipal housing authority that holds the option to purchase a low-income rental housing project.
[PL 2023, c. 218, §3 (NEW).]
SECTION HISTORY
PL 1989, c. 48, §§12,31 (NEW). PL 1993, c. 175, §10 (AMD). PL 2023, c. 218, §3 (RPR).