[§201H‑58]  Leases; self-help housing. (a)  The [corporation] may lease parcels that it deems suitable for affordablehousing at $1 per year for up to fifty years to organizations or communitytrusts to develop the parcel with ownership units through self-helpdevelopment.

(b)  The [corporation] may extend or modify thefixed rental period of the lease or extend the term of the lease.

(c)  Parcels leased under this section may betransferred or assigned by devise, bequest, or intestate succession, and may besublet with the approval of the [corporation]. [L 2006, c 179, §4]