Establishes "Commission on Statewide Affordable Housing Obligations" to determine Statewide need for low and moderate income housing.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill creates the "Commission on Statewide Affordable Housing Obligations" to assess the statewide need for low and moderate-income housing. The commission will analyze factors like income, housing costs, and population trends to determine this need. It will then issue regular reports to the Governor and the Legislature, and amend existing law to align with its findings. The commission’s work will also impact municipal fair share calculations for affordable housing.
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