State and local permits «The provision of credit assistance
under this chapter with respect to a project shall not» (1) relieve any recipient of the assistance of any obligation to obtain any required State or local permit or approval with respect to the project;» (2) limit the right of any unit of State or local government to approve or regulate any rate of
return on private equity invested in the project; or» (3) otherwise supersede any State or local
law (including any regulation)
applicable to the construction or operation of the project.»