If reenacted in 2027, the measure would let eligible counties require affordable homes or a housing fund payment for certain larger development projects.
For qualifying projects, counties may require affordable homes or a payment to the county housing fund. Applicants may provide homes on-site or use one of the listed alternatives.
A county with a county manager government must appoint an advisory board to advise on changes to affordable housing payment amounts. The board must include equal representation from development, housing, and planning groups.
A county may require affordable homes or a payment to its affordable housing fund as a condition of approving a qualifying project. This applies in counties whose comprehensive plans provide for development at 1.0 FAR or higher. Projects below 1.0 FAR are exempt. Affordable homes must be committed for 30 years for households earning 60% of area median income. The county must adopt requirements in its zoning ordinance. The applicant may choose among the listed alternatives, including off-site homes or a cash contribution. The text includes inconsistent cash contribution figures, so this summary does not state an amount. The requirement applies when the governing body approves a qualifying special exception application. The first enactment would take effect only if reenacted by the 2027 General Assembly.
A county with the county manager form of government must appoint an advisory board to advise on changes to affordable housing payment amounts. This applies to any county with the county manager plan of government. The board must have equal numbers of representatives from the real estate development industry, the local housing commission, and the local planning commission. The first enactment would take effect only if reenacted by the 2027 General Assembly.
No hearings or votes scheduled.