Authorizes cities, towns and villages to establish mixed-use age integrated communities, offer incentives to developers, and a tax exemption for such property

Authorizes cities, towns and villages to establish mixed-use age-integrated communities by permitting the development of sites to combine residential units, commercial space and/or services for a multi-age population; 30% of such residential units shall be for persons 60 years of age or older, and at least 10% thereof shall be affordable by persons at 60% or less of the area median income; authorizes, cities, town and villages to grant incentives for the construction of such communities; grants a real property tax exemption for such housing.