The Authority shall obtain the approval of the Legislature for the use of any property in any manner; such approval shall be obtained by submitting, at a minimum of every three (3) years, an Affordable Housing Plan which addresses specific projects to be developed on real property of the Authority. The Affordable Housing Plan shall describe each project by including information on location, acreage, number of dwelling units, target income of the tenants or purchasers of units, estimated cost of construction, required subsidies, estimated date of commencement of construction and ancillary facilities to be planned as part of the affordable housing project. The Committee of Jurisdiction for Housing Issues of the Legislature of the Virgin Islands shall review the Affordable Housing Plan and shall approve or disapprove each specific project addressed therein. The Affordable Housing Plan shall be deemed approved on the 45th day after the date of submission to the Committee of Jurisdiction for Housing Issues of the Legislature of the Virgin Islands, unless the Authority receives notification of any disapproval by the Committee of Jurisdiction for Housing Issues of the Legislature of the Virgin Islands within the forty-five (45) days period. Projects which are approved as provided herein shall not be included in subsequent Affordable Housing Plans submitted by the Authority.