hf2448FIRST ENGROSSMENTAffordable and life-cycle housing opportunity determination method +and basis for municipalities to choose not to participate modified; and +inclusionary housing development incentives clarified.Section 1: Housing determination method modified.Sec. 2: Time limit modified.Sec. 3: Housing opportunity amount after calendar year 2002 +regulations established.Sec. 4: Requirements modified.Sec. 5: Fund distribution modified.Sec. 6: Council report required.Sec. 7: Participation election required.Sec. 8: Housing incentives provided.Sec. 9: Transition provisions established.Sec. 10: Application.Sec. 11: Effective date.AE