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===Incentives for UTCs=== | ===Incentives for UTCs=== | ||
The FLA made alterations to the tax law to provide incentives for developers to construct subdivisions which also included new or rehabilitated mixed-use structures, creating a legal framework for what would later be known as the "[[Housing_in_Urcea#Urban_town_and_country|urban town and country]]" model. The incentive scheme would grant as much as a 58% real property tax exemption for any subdivision which would include at least 20% mixed use development, a figure that would increase to 67% if such subdivision included preexistent and historic structures. The incentives also involved significant tax write-offs for construction-related expenses. The latter provision was intended to incentivize developers to build new developments around older, near-abandoned small towns or villages that were left behind following the downturn in the nation's industrial economy. Under the provisions of the law, the mixed-use structures had to actually be completed as mixed-use instead of being eventually transitioned to all-residential; in that case, the law stipulates a claw-back of exempted taxes from the developer by the [[Ministry_of_Administration_of_the_Realm_(Urcea)#Department_of_Administration_of_Tax_Collection_and_Receipts|Department of Administration of Tax Collection and Receipts]], which the law provided with additional funding to help ensure implementation. | The FLA made alterations to the tax law to provide incentives for developers to construct subdivisions which also included new or rehabilitated mixed-use structures, creating a legal framework for what would later be known as the "[[Housing_in_Urcea#Urban_town_and_country|urban town and country]]" model. The incentive scheme would grant as much as a 58% real property tax exemption for any subdivision which would include at least 20% mixed use development, a figure that would increase to 67% if such subdivision included preexistent and historic structures. The incentives also involved significant tax write-offs for construction-related expenses. The latter provision was intended to incentivize developers to build new developments around older, near-abandoned small towns or villages that were left behind following the downturn in the nation's industrial economy. Under the provisions of the law, the mixed-use structures had to actually be completed as mixed-use instead of being eventually transitioned to all-residential; in that case, the law stipulates a claw-back of exempted taxes from the developer by the [[Ministry_of_Administration_of_the_Realm_(Urcea)#Department_of_Administration_of_Tax_Collection_and_Receipts|Department of Administration of Tax Collection and Receipts]], which the law provided with additional funding to help ensure implementation. UTCs were subsequently enhanced in an amendment to the FLA passed in [[2012]] which created subsidies for local public transit agencies to construct new transit lines into downtown areas of UTCs. | ||
===Protections for Proprietor Communes=== | ===Protections for Proprietor Communes=== |