[ Part XII.] ninety-nine year leasehold program
172 words·~1 min read·
/hi/part-xii-ninety-nine-year-leasehold-program·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
[ Part XII.] ninety-nine year leasehold program
[ § 206E -281] Definitions. As used in this part, unless the context otherwise requires:
"Mixed-use project" means a project consisting of any combination of a commercial project, redevelopment project, or residential project.
"Owner-occupied residential use" means any use currently permitted in existing residential zones consistent with owner occupancy. "Owner-occupied residential use" does not include renting or subleasing by the owner of a residential condominium unit to any tenant or sublessee of any kind.
"Project" means a specific work or improvement, including real and personal properties, or any interest therein, acquired, owned, constructed, reconstructed, rehabilitated, or improved by the authority, including a commercial project, redevelopment project, residential project, or mixed-use project.
"Public transit station" means a planned or existing station connected to a locally preferred alternative for a mass transit project.
"Urban redevelopment site" means non-ceded state-owned lands within a one-mile radius of a public transit station in a county having a population greater than five hundred thousand. [L 2023, c 97, pt of §3]