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Minnesota Statutes Local Economic Development (Ch. 466A-470) § 466A.01. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

Subdivision 1. Scope. The definitions in this section apply tosections 466A.01to466A.08.

Subd. 2. City. “City” means a city of the first class as defined insection 410.01.

Subd. 3. City council. “City council” means the city council of a city as defined in subdivision 2.

Subd. 4. Community resource program. “Community resource program” or “program” means a community resource program adopted according tosection 466A.03.

Subd. 5. Targeted neighborhood. “Targeted neighborhood” means an area including one or more census tracts as determined and measured by the Bureau of Census of the United States Department of Commerce that a city council determines by resolution meets the criteria ofsection 466A.02, subdivision 2, and any additional area designated undersection 466A.02.

Subd. 6. Assisted housing. “Assisted housing” means:

(1) the housing is either owned or under the control of a housing agency and is used in a manner authorized bysections 469.001to469.047;

(2) thehousingis defined as an emergency shelter or transitional housing undersection 272.02, subdivision 13or 20; or

(3) the housing is a building that receives a low-income housing credit undersection 242 of the Internal Revenue Codeof 1986; 1 or which meets the requirements of that section, and was under construction or rehabilitation prior to May 1, 1988.

1 26 U.S.C.A. § 242(repealed).
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Cite this article: FindLaw.com - Minnesota Statutes Local Economic Development (Ch. 466A-470) § 466A.01. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/mn/local-economic-development-ch-466a-470/mn-st-sect-466a-01/

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