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Session Laws, 2006
Volume 750, Page 2470   View pdf image
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Ch. 483                                    2006 LAWS OF MARYLAND
(I)      HAVE A WORKFORCE HOUSING ELEMENT; (II)     ASSESS WORKFORCE HOUSING NEEDS; AND (III)    CONTAIN GOALS, OBJECTIVES, AND POLICIES TO PRESERVE OR
DEVELOP WORKFORCE HOUSING; AND (3) THE COUNTY LOCAL GOVERNMENT PROVIDES A STATEMENT TO THE
DEPARTMENT INDICATING: (I)      A DESIRE TO PARTICIPATE IN THE PROGRAM; AND (II)     A REASONABLE EXPECTATION OF THE COUNTY'S LOCAL
GOVERNMENT'S ABILITY TO PROVIDE THE MATCHING FUNDS REQUIRED UNDER §
4-1804 OF THIS SUBTITLE. (B) THE WORKFORCE HOUSING ELEMENT IN THE 5-YEAR CONSOLIDATED
PLAN OR THE COMPREHENSIVE PLAN OF A QUALIFYING COUNTY OR OF A MUNICIPAL
CORPORATION WITHIN A QUALIFYING COUNTY LOCAL GOVERNMENT MAY INCLUDE: (1)      PRESERVATION AND RENOVATION OF EXISTING HOUSING STOCK; (2)      REDEVELOPMENT OF EXISTING RESIDENTIAL AREAS; (3)      STREAMLINED REGULATORY PROCESSES AND REDUCED
REGULATORY FEES FOR CONSTRUCTION OR RENOVATION; (4)      FINANCIAL INCENTIVES FOR CONSTRUCTION AND RENOVATION
INCLUDING LOCAL PROPERTY TAX CREDITS; (5)      SPECIAL ZONING REGULATIONS FOR CONSTRUCTION AND
RENOVATION INCLUDING INCLUSIONARY ZONING; (6)      EFFORTS TO PRESERVE WORKFORCE HOUSING STOCK FOR
SUBSEQUENT FIRST-TIME HOMEBUYERS AND RENTERS; (7)      COORDINATION WITH NEIGHBORING JURISDICTIONS; (8)      COORDINATION WITH PRIVATE SECTOR EMPLOYERS; AND (9)      LEVERAGING OF FEDERAL FINANCIAL ASSISTANCE.
4-1804. A QUALIFYING COUNTY LOCAL GOVERNMENT SHALL PROVIDE A
DOLLAR-FOR-DOLLAR MATCH FOR PROGRAM FUNDS USED TO DEVELOP UNITS OF
WORKFORCE HOUSING UNITS UNDER THIS SUBTITLE. 4-1805. THE DEPARTMENT SHALL PROPORTIONATELY DISTRIBUTE THE ANNUAL
APPROPRIATION OF PROGRAM FUNDS AMONG QUALIFYING COUNTIES BASED ON
EACH QUALIFYING COUNTY'S SHARE OF THE STATE POPULATION AS FOLLOWS:
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Session Laws, 2006
Volume 750, Page 2470   View pdf image
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