1. (1) after financing is provided by the Montgomery Commission, 50% or more of the housing units are occupied first by persons of eligible income;
2. (2) 20% or more of the housing units are for low-income persons who are assisted or who are eligible to be assisted with federal subsidies; or
3. (3) the owners of the housing certify to the Montgomery Commission that they will make their best efforts to meet the standard under item (1) or (2) of this section.

A substantial part of the housing in a housing project is deemed to be for persons of eligible income if:

Added by Acts 2006, c. 63, § 2, eff. Oct. 1, 2006. Amended by Acts 2007, c. 5, § 1, eff. March 22, 2007.