1. (1) For the costs of an infrastructure project to be eligible to be paid by the proceeds of a loan or bonds or other securities of an eligible government unit as defined in 17-5-1604, the infrastructure project must provide for residential development at a minimum gross density of 10 units for each acre.
2. (2) General fund transfers in the account created in 17-6-801 pursuant to section 4, Chapter 684, Laws of 2025, may be used for eligible infrastructure projects for residential development at a minimum gross density of three units for each acre.

History: En. Sec. 13, Ch. 774, L. 2023; amd. Sec. 2, Ch. 684, L. 2025.