Establishes the Accessory Dwelling Unit Financing and Deed Restriction Program to allocate funds to the counties for the purchase of equity in an accessory dwelling unit by the State. Specifies eligible homeowners or homebuyers for the Program to finance construction costs, development costs, and non-reoccurring closing costs associated with the construction of an accessory dwelling unit and purchase deed restrictions on the property. Appropriates moneys for infrastructure projects. Sunsets 1/1/2031. Takes effect 7/1/2050. (SD2)
Statutes affected: HB740: 46-15.2, 103D-102, 201H-191, 247-3, 525-4
HB740 HD1: 46-15.2, 103D-102, 201H-191, 247-3, 525-4
HB740 HD2: 46-15.2, 103D-102, 201H-191, 247-3, 525-4
HB740 SD1: 46-15.2, 103D-102, 201H-202, 247-3, 525-4
HB740 SD2: 46-15.2, 103D-102, 201H-202, 247-3, 525-4
Latest: 46-15.2, 103D-102, 201H-191, 247-3, 525-4