Utah § 10-21-502 Applicability, requirements, and limitations.

Utah Statutes

§ 10-21-502 — Applicability, requirements, and limitations.

Utah·Title 10 Utah Municipal Code·Ch. 10-21 Municipalities and Housing Supply·Part 10-21-5 Home Ownership Promotion Zone for Municipalities

(1)A home ownership promotion zone shall promote the following objectives:

(1)(a) increasing availability of housing, including affordable housing;

(1)(b) promotion of home ownership;

(1)(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

(1)(d) conservation of water resources through efficient land use.

(2)In order to accomplish the objectives described in Subsection (1), a municipality shall ensure that:

(2)(a) land inside the proposed home ownership promotion zone is zoned as residential, with at least six planned housing units per acre;

(2)(b) at least 60% of the proposed housing units within the home ownership promotion zone are affordable

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(1) A home ownership promotion zone shall promote the following objectives:
(1)(a) increasing availability of housing, including affordable housing;
(1)(b) promotion of home ownership;
(1)(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
(1)(d) conservation of water resources through efficient land use.
(2) In order to accomplish the objectives described in Subsection (1), a municipality shall ensure that:
(2)(a) land inside the proposed home ownership promotion zone is zoned as residential, with at least six planned housing units per acre;
(2)(b) at least 60% of the proposed housing units within the home ownership promotion zone are affordable housing units; and
(2)(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 municipality may restrict short term rentals in a home ownership promotion zone.
(4) A municipality may not create a home ownership promotion zone if:
(4)(a) the proposed home ownership promotion zone would overlap with a school district and:
(4)(a)(i) (4)(a)(i)(A) the school district has more than one municipality within the school district's boundaries; and
(4)(a)(i)(B) the school district already has 100 acres designated as home ownership promotion zone within the school district's boundaries; or
(4)(a)(ii) (4)(a)(ii)(A) the school district has one municipality within the school district's boundaries; and
(4)(a)(ii)(B) the school district already has 50 acres designated as home ownership promotion zone within the school district's boundaries; or
(4)(b) the area in the proposed home ownership zone would overlap with:
(4)(b)(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 in accordance with Section 17C-1-702; or
(4)(b)(ii) an existing housing and transit reinvestment zone.

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