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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A home ownership promotion zone shall promote the following objectives:
(a) increasing availability of housing, including affordable housing;
(b) promotion of home ownership;
(c) overcoming development impediments and market conditions that render an affordable housing development cost prohibitive absent the incentives resulting from a home ownership promotion zone; and
(d) conservation of water resources through efficient land use.
(2) In order to accomplish the objectives described in Subsection (1), a county shall ensure that:
(a) land inside the proposed home ownership promotion zone is zoned as residential, with at least six planned housing units per acre;
(b) at least 60% of the proposed housing units within the home ownership promotion zone are affordable housing units; and
(c) all of the proposed housing units within the home ownership promotion zone are deed restricted to require owner occupation for at least five years.
(3) A county may restrict short term rentals in a home ownership promotion zone.
(4) A county may not create a home ownership promotion zone if:
(a) the proposed home ownership promotion zone would overlap with a school district and:
(i)(A) the school district has more than one municipality within the school district's boundaries; and
(B) the school district already has 100 acres designated as home ownership promotion zone within the school district's boundaries; or
(ii)(A) the school district has one municipality within the school district's boundaries; and
(B) the school district already has 50 acres designated as home ownership promotion zone within the school district's boundaries; or
(b) the area in the proposed home ownership promotion zone would overlap with:
(i) a project area, as that term is defined in Section 17C-1-102, and created under Title 17C, Chapter 1, Agency Operations, until the project area is dissolved pursuant to Section 17C-1-702; or
(ii) an existing housing and transit reinvestment zone.
Cite this article: FindLaw.com - Utah Code Title 17. Counties § 17-27a-1203. Applicability, requirements, and limitations - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-17-counties/ut-code-sect-17-27a-1203/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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