Establishing a housing opportunity area tax abatement program to alleviate the concentration of low income households in high poverty areas; providing for application for tax abatement by owners of property located within housing opportunity areas possessing a housing choice voucher contract with a housing authority, specifying certain application content requirements and providing for annual determination by the housing authority administering the voucher contract, authorizing the authority to establish application rules and procedures and to charge an application fee; requiring housing authorities to determine housing opportunity areas and to notify the county auditor for abatement purposes, providing for the abatement; authorizing cities or towns to annually petition for exclusion from housing opportunity areas under certain conditions
(ra)