The proposed bill, HB2714, mandates that municipalities in Arizona submit an annual report to the Arizona Department of Housing (ADOH) starting January 1, 2026. This report must detail various housing metrics from the previous year, including the number of housing development applications received, the number of lots and multifamily units involved, and the total amount of vacant land zoned for different types of residential use. Additionally, ADOH is authorized to allocate up to $100,000 annually from the Housing Trust Fund to cover the administrative costs associated with gathering this information.

The bill also requires ADOH to incorporate the data from these municipal reports into its annual report to the Legislature regarding the Housing Trust Fund. This report will summarize the information provided by each municipality, alongside details about facilities funded in the previous fiscal year and the number of individuals benefiting from housing assistance. Overall, the bill enhances transparency and accountability in housing development by formalizing the reporting process for municipalities and ensuring that the data is utilized in state-level assessments.

Statutes affected:
Introduced Version: 33-434.01
House Engrossed Version: 9-461.18, 41-3955