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2020 SESSION

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HB 571 Rental housing; purchase or construction by localities.

Introduced by: Lee J. Carter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Purchase or construction of rental housing by localities. Provides that any locality may by ordinance establish a program to purchase or construct housing and to rent such housing to residents. The rent charged for such housing shall not exceed the higher of 85 percent of the market rate for a similar housing unit, or 115 percent of the actual cost of operation, defined in the bill, of the housing unit offered for rent.

FULL TEXT

• 01/06/20  House: Prefiled and ordered printed; offered 01/08/20 20103445D  pdf | impact statement

HISTORY

• 01/06/20  House: Prefiled and ordered printed; offered 01/08/20 20103445D
• 01/06/20  House: Referred to Committee on Counties, Cities and Towns
• 01/17/20  House: Assigned CC & T sub: Land Use
• 02/11/20  House: Left in Counties, Cities and Towns