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. |