Portland Land Use Code

Citation: Portland Land Use Code
Parent Document: Portland Land Use Code
Jurisdiction: Portland (municipal)
Original Source: https://www.portlandmaine.gov/asset/a5dcd1dc-4117-40b3-b3da-74a56919e14b ↗

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among very low-income, low-income and 17.3.6 Term of affordability
moderate-income households. A. Whenever funds from the Housing Trust Fund
3. The amount of funds budgeted for are used for the acquisition, construction, or
programs funded in part or in full from the substantial rehabilitation of an affordable rental
Housing Trust Fund. or cooperative unit, the City of Portland shall
C. Priority for the expenditure of funds collected impose enforceable requirements on the
pursuant to Section 17.1 shall be given to the owner of the housing unit that the unit remain
creation of new housing stock, through either affordable for the remaining life of the housing
new construction or conversion of unit, assuming good faith efforts by the owner
nonresidential buildings to residential use. to maintain the housing unit and rehabilitate it
as necessary. The remaining life of the housing
17.3.5 Distribution and use of the Housing Trust unit shall be presumed to be a minimum of 30
Fund’s assets years.
A. All distribution of principal, interest, or other B. Whenever funds from the Housing Trust Fund
assets of the Housing Trust Fund shall be made are used for the acquisition, construction, or
in furtherance of the public purposes set out in substantial rehabilitation of ownership housing,
Section 17.1. the City of Portland shall impose enforceable
B. During each year, the Housing Trust Fund shall resale restrictions on the owner to keep the
disburse as grants or loans so much of the housing unit affordable for the longest feasible
Housing Trust Fund’s assets as the City Council time, while maintaining and equitable balance
in its discretion has approved in the Housing between the interests of the owner and the
Trust Fund annual plan. interests of the City of Portland.
C. Funds shall not be used for City administrative C. The affordability restriction requirements
expenses. described in this subsection shall run with the
D. Funds shall not be used for property operating land and the City of Portland shall develop
expenses or supporting services. appropriate procedures and documentation to
E. No grants or loans shall be awarded by the enforce these requirements and shall record
Housing Trust Fund to corporations, such documentation in the Cumberland County
partnerships, or individuals who are delinquent Registry of Deeds.
at the time of application in the payment of
property taxes or other fees to the City of 17.4 CONDOMINIUM CONVERSION
Portland, who have been convicted of arson, 17.4.1 Purpose
who have been convicted of discrimination in The purpose of this section is to regulate the
the sale or lease of housing under the fair conversion of rental housing to condominiums, to
housing laws of the State of Maine, or who have minimize the potential adverse impacts of such
pending violations of current City electrical, conversion on tenants, to ensure that such
plumbing, building, or housing codes or zoning converted housing is safe and decent, and to
ordinances. maintain a reasonable balance of housing CITY OF PORTLAND LAND USE CODE | 17-9 HOUSING

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