1. (a) There shall be established within the corporation the governmental employee housing program for the purpose of providing affordable and low-cost rental housing units for rent to government employees and [the] general public on state-owned land, to be financed by the dwelling unit revolving fund established pursuant to section 201H-191.
2. (b) The program shall be limited to one project on a transit-oriented development site, which shall be selected by the corporation.

[L 2025, c 166, pt of §2]