5335
MONTGOMERY COUNTY

BE IT ENACTED BY THE COUNTY COUNCIL FOR MONTGOMERY
COUNTY, MARYLAND, that -

Sec. 1. A new Article IV, title "Property
Acquisition Through the Housing Site Acquisition Fund",
be and it is hereby added to Chapter 56, title "Urban
Renewal and Community Development," of the Montgomery
County Code 1972, as amended, to follow immediately after
Article III thereof, and to read as follows:

ARTICLE IV

PROPERTY ACQUISITION THROUGH THE
ROUSING SITE ACQUISITION FUND

56-20. DECLARATION OF POLICY.

IT IS THE PURPOSE OF THE HOUSING SITE FUND TO MAKE
SUITABLE LAND AVAILABLE FOR THE DEVELOPMENT OF HOUSING
FOR PERSONS OF ELIGIBLE INCOMES EITHER THROUGH THE COUNTY
OR PRIVATE DEVELOPERS.

IT SHALL BE THE POLICY OF MONTGOMERY COUNTY THAT
EACH AREA OF THE COUNTY WILL CONTRIBUTE TO MEETING THE
HOUSING NEEDS FOR FOR AND MODERATE INCOME FAMILIES IN
ACCORDANCE WITH THAT AREA'S SHARE OF THE HOUSING SUPPLY
IN THE COUNTY.

5 6-21. DEFINITION.

THE FOLLOWING TERM, WHEREVER USED OR REFERRED TO IN
THIS ARTICLE, SHALL HAVE THE FOLLOWING MEANING, UNLESS A
DIFFERENT MEANING IS CLEARLY INTENDED BY THE CONTEXT:

(A) "PERSONS OF ELIGIBLE INCOME" SHALL MEAN
PERSONS WHO INDIVIDUALLY OR AS PART OF A FAMILY UNIT LACK
THAT AMOUNT OF INCOME WHICH IS NECESSARY (AS DETERMINED
BY THE COUNTY EXECUTIVE OR HIS DESIGNEE) TO ENABLE THEM,
WITHOUT FINANCIAL ASSISTANCE, TO LIVE IN DECENT, SAFE AND
SANITARY DWELLINGS WITHOUT OVERCROWDING.

56-22. POWERS AND AUTHORITY OF COUNTY.

FOR THE PURPOSES OF EFFECTUATING AND CARRYING OUT
THE PROVISIONS OF THIS ARTICLE, MONTGOMERY COUNTY,
MARYLAND, IS HEREBY EMPOWERED, AND THE COUNTY EXECUTIVE
IS HEREBY AUTHORIZED ON THE COUNTY'S BEHALF, CONSISTENT
WITH ANY OTHER APPLICABLE PROVISION OF LAW, TO UNDERTAKE
THE FOLLOWING:

(A) HOUSING SITE FUND: ESTABLISH AND MAINTAIN A
HOUSING SITE FUND.