LD 1301
pg. 4
Page 3 of 4 An Act To Support Affordable Housing LD 1301 Title Page
Download Bill Text
LR 1571
Item 1

 
organizations for the purpose of building, buying or developing
affordable rental and owner-occupied housing in the municipality
for eligible individuals or families. An "eligible individual or
family" is defined as an individual or family whose total adjusted
gross income is less than 120% of the median income for the United
States Department of Labor district in which the eligible property
was sold. If the municipality does not have a local nonprofit
housing organization, the municipality must send the revenue to the
Maine State Housing Authority.


Page 3 of 4 Top of Page LD 1301 Title Page