§ 4-1810. Establishment of per unit maximum amount

Latest version.

(a) Secretary to establish. -- The Secretary shall establish annually the maximum amount of Program funds that a qualifying local government may use to develop a workforce housing unit.

(b) Method. -- The per unit maximum established by the Secretary shall take into account the regional average construction costs applicable to the qualifying local government for a comparable workforce housing unit.

HISTORY: 2006, ch. 483; 2007, ch. 603.

                    
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