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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to streamline the process for building affordable housing projects in Arizona. It establishes a ‘workforce housing project expedited plan review and permitting process’ for municipalities, requiring them to offer dedicated points of contact, prioritize inspections, and ensure at least 100% of new units are affordable for households earning up to 120% of the area median income. The bill also modifies existing laws related to bond approvals for real estate projects and sales tax rates, with a focus on incentivizing workforce housing development.
Key provisions
- Establishes a streamlined plan review and permitting process for ‘workforce housing projects’ (housing units affordable to households earning up to 120% of the area median income).
- Requires municipalities to offer a dedicated point of contact for affordable housing applicants.
- Specifies expedited inspection scheduling and prioritization for workforce housing projects.
- Defines ‘workforce housing’ and ‘workforce housing project’ with specific criteria related to affordability and unit availability.
- Amends Arizona Revised Statutes regarding bond approvals for real estate projects, requiring a general plan for each bond issue.
- Modifies the state’s sales tax rates, with increased rates for certain business classifications to fund workforce housing initiatives.
- Updates regulations regarding the approval of real estate development projects, particularly concerning bond issuance and project feasibility.
Bill text
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Sponsors
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1 on record
Primary sponsor
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