Residential housing development program; required findings

Sec. 55. (a) This section applies only to a residential housing development program authorized by section 53 of this chapter. (b) The commission must make the following findings in the resolution adopting a residential housing development program under section 53 of this chapter: (1) The public health and welfare will be benefited by accomplishment of the program. (2) The accomplishment of the program will be of public utility and benefit as measured by: (A) the provision of adequate residential housing; (B) an increase in the property tax base; or (C) other similar public benefits. As added by P.L.235-2019, SEC.4.