LD1170

This bill assigns the Maine Redevelopment Land Bank Authority responsibility for managing state-owned surplus land.

The bill transfers the Maine Redevelopment Land Bank Authority's responsibility for managing state-owned surplus land from the Maine State Housing Authority. It mandates that all state agencies offer the Authority first option to purchase surplus land before offering it to other buyers. The Authority can negotiate purchase prices and provide surplus land below market value for affordable housing projects. The bill also removes an outdated report provision regarding the Authority's first option to purchase surplus lands.