Establishing that adaptive reuse, retrofitting, and repurposing of existing buildings to develop new affordable multifamily housing is an eligible use of certain financial assistance provided by the Department of Housing and Community Development; requiring the Department to notify applicants for certain financial assistance that adaptive reuse is an eligible use of funds; and providing that the notice requirement does not apply to individuals applying for loans from the Department that are not focused on housing.

Statutes affected:
Text - First - Housing and Community Development - Adaptive Reuse: 1-102 Housing and Community Development
Text - Third - Housing and Community Development - Adaptive Reuse: 1-102 Housing and Community Development