§ 17-125. Development.

(a)

Private Property Owners. The County may encourage private property owners to redevelop their properties as infill housing through forgiveness of County liens as identified in section 17-126 of this article or through the availability of construction loans. Subject to the availability of funding, the County may provide construction loans to private property owners who are determined to be eligible for such funding. In order to participate in the Infill Housing Initiative Program, each private owner authorized to participate in the Infill Housing Initiative Program shall abide by all the pre-development, development, and qualifying an eligible household described herein. The County Mayor or County Mayor's designee shall approve a Private Property Owner to develop their private property, located in the Infill Target Areas, for the Infill Housing Program and allow the maximum amount of time provided by the Program to develop and sell such property. If not, the Private Property Owner will not be eligible to receive program incentives and the lot may be removed from the Infill Program. Each Private Property Owner shall record in the public records one or more covenants or declarations of restrictions in a form approved by the County as set forth in Section 17-124(d).

(b)

Qualified Developers. Subject to the availability of funding, the County may provide construction loans through the County's Surtax and SHIP programs, to qualified developers for the development of infill housing. In order to receive the construction loan, the qualified developer must meet the eligibility requirements for such funding.

(Ord. No. 01-47, § 5, 3-20-01; Ord. No. 07-04, § 6, 1-25-07; Ord. No. 17-08, § 1, 2-7-17)