[§356D-145]  Homeowner participation;limitation; payments and assistance.  (a)  The authority shall limitparticipation to not more than ten property owners within each census tract atany given period in time, without regard to the existence or operation ofshelters and other facilities to aid the homeless in the tract.  The authorityor contracted agency shall notify prospective participants registered on thewaiting list in each census tract of the opportunity to participate in theprogram as these opportunities may arise in each tract.

(b)  Assistance to any qualified property ownerproviding rental housing to any homeless tenant under this subpart for a periodof five years shall include but not be limited to at least one of thefollowing:

(1)  The payment of a state grant to offset the costof renovating, building any adjoining addition, or constructing any separatestructure upon the premises of the owner's property in preparation for its useas a homeless assistance unit under the program;

(2)  The payment of a monthly state rent subsidy tosupplement the monthly rental payments made by the homeless tenant;

(3)  Real property tax rate waivers or reductionsproposed by the authority and approved by the council of the county in whichthe property is located;

(4)  Zoning and building code exemptions applicable tothe construction of adjoining or separate dwelling units on the owner'sproperty, provided that the county, by ordinance, may establish minimumdevelopment and construction standards for these units and procedures forapproval thereto; and

(5)  Other incentives consistent with the purposes ofthis subpart to assist in the participation of property owners under theprogram. [L 2006, c 180, pt of §2]