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2023 SESSION

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HB 2045 Zoning for Housing Production Act; created, sunset provision.

Introduced by: Betsy B. Carr | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Housing; creation of the Zoning for Housing Production Act; affordable dwelling unit policy incentives. Creates, within the Department of Housing and Community Development, the Zoning for Housing Production Act, which establishes a special nonreverting fund in the state treasury to be known as the Zoning for Housing Production Fund. The bill requires moneys from the Fund to be awarded as grants to localities by application to the Department for the purpose of creating and maintaining affordable housing in mixed-income communities, defined in the bill. To be eligible for a grant from the Fund, a locality is required to make a change to such locality's zoning ordinance in accordance with the requirements of the bill. The provisions of the bill expire on July 1, 2029.


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