This bill proposes several updates to current statutes regarding housing projects, specifically focusing on the establishment of a workforce housing project expedited plan review and permitting process. Under the new provisions, municipalities are empowered to create a streamlined process that includes a dedicated point of contact for affordable housing applicants, an initial plan review within twenty business days, and priority scheduling for inspections within seventy-two hours. The bill also defines "workforce housing" and "workforce housing project," ensuring that new dwelling units are affordable for households earning up to 120% of the area median income and are subject to affordability covenants for at least twenty years.

Additionally, the bill modifies existing statutes related to the issuance of bonds for financing housing projects. It removes the requirement for a corporation to seek approval of a general plan for financing single-family dwelling units and adjusts the fees associated with the review of general plans and project approval requests. The bill also designates tax revenues from the development of workforce housing projects as a distribution base for specific purposes, ensuring that these projects are not subject to certain taxes. Overall, the bill aims to facilitate the development of affordable housing while providing clear guidelines and financial incentives for municipalities and developers.

Statutes affected:
Introduced Version: 28-2351, 28-2403, 28-2470.40, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.39, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864
Senate Engrossed Version: 28-2351, 28-2403, 28-2470.40, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.39, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864
House Engrossed Version: 9-461.21, 35-726, 42-5075, 35-706, 36-1471, 20-1801, 41-3957