[Adopted 7-21-1986 STM]
Pursuant to C.G.S. § 8-215, the Town of Norfolk may grant a tax abatement, in whole or in part, of real property taxes on any housing rented solely for low- or moderate-income persons. The applicable income levels for these classes are to be determined by the current standards set by the State Department of Housing or any other appropriate state agency.
A. 
In order to implement this article, the Board of Selectmen is authorized to contract with the owner of any housing project for which such an abatement is sought. The contract shall provide that the abatement will be used for one or more of the following purposes:
(1) 
To reduce rents below the levels which would be achieved in the absence of such abatement and to improve the quality and design of such housing.
(2) 
To effect occupancy of such housing by persons and families of varying income levels within limits determined by the Commissioner of Housing[1] by regulation.
[1]
Editor's Note: Now the Commissioner of Economic and Community Development.
(3) 
To provide necessary related facilities or services in such housing.
B. 
Any contract under this section shall be for an indefinite period of time. Either party may terminate the contract at any time by sending written notice to the other party.
C. 
At any time when the housing project no longer qualifies for tax abatement under the provisions of this article, the contract shall be immediately considered void.