This bill amends the definition of "inclusionary zoning" in RSA 674:21, IV(a) to clarify that it can include both voluntary incentives and local requirements for property owners to produce affordable housing units. The new language specifies that inclusionary zoning may involve various strategies such as density bonuses, preservation of existing affordable housing, and ensuring habitability for current tenants during construction. Additionally, the bill introduces a definition of "affordable housing" consistent with existing statutes and allows municipalities to require a restrictive covenant to enforce compliance with these definitions.

Furthermore, the bill establishes a new section, RSA 674:80-a, which outlines a process for applicants to propose alternative solutions to meet inclusionary zoning requirements. If a municipality mandates inclusionary zoning, applicants can present alternative solutions that they believe fulfill local regulations. If the planning board disagrees with the applicant's assessment of the alternative solution's compliance, it can request a third-party review. The bill aims to enhance municipal options for promoting affordable housing while providing a structured process for compliance and appeals. The act will take effect 60 days after its passage.

Statutes affected:
Introduced: 674:21
HB1008 text: 674:21