Enhances ability of religious and nonprofit organizations to convert property to inclusionary developments with affordable housing.
Advances the clean energy transition by enhancing the ability of religious and nonprofit organizations to convert certain property to inclusionary developments with affordable housing. Establishes a Faith and Nonprofit Housing Development Assistance program and fund. Requires the Department of Environmental Protection to adopt rules and regulations to designate undeveloped contiguous forested areas not less than five acres for the purposes of defining “environmentally protected area,” and “wetland buffer areas,” which designations exclude a property from being an eligible property for.
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