TCA § 7-66-105 — Implementation plan

Upon election to participate in the program, the executive of the local unit of government shall develop an implementation plan, which shall be subject to majority approval by the local legislative body and shall include the following: Designation of the agency that shall administer the program. Such agency may be an existing agency or a new agency created for purposes of administering the program; A description of the method of selection of the properties that are to be assigned to participate under this chapter; A description of the conditions and criteria that shall be used to select homesteaders for participation in multi-family housing development; A description of the conditions and criteria that shall be used to select homesteaders for participation in single family housing units; A description of the conditions and criteria for conveyance of property to homesteaders, whether by deed or by lease; A description of building standards and codes that shall apply to the designated properties and the methods of monitoring these standards; A description of the approach that shall be taken to coordinate the homesteading program with state and federal agencies; A description of technical and financial assistance and incentives that shall be available to homesteaders; A description of the methods by which property shall be acquired and disposed of; and Other conditions and criteria as deemed to be in the public interest.