This bill amends existing law to limit the parking requirements imposed by municipalities on certain residential units. Specifically, it prohibits local governments from requiring more than 1.5 parking spaces per unit for studio and one-bedroom units that are under 1,000 square feet and qualify as workforce housing, as well as for multi-family developments that contain 10 or more units. The relevant section of the law, RSA 674:16, VII, is repealed and reenacted to reflect this new limitation.

The bill aims to facilitate the development of affordable housing by reducing the parking space requirements that can often hinder the construction of smaller residential units. The new legal language emphasizes the need for municipalities to align their parking regulations with the goal of promoting workforce housing and multi-family developments. The act is set to take effect 60 days after its passage.