A bill to require a municipal housing ordinance to use certain factors in designating the area median income for making determinations regarding affordable housing; and to provide for the powers and duties of certain local governmental officers and entities.
Mandates that municipal housing ordinances incorporate specific factors in determining the area median income for affordable housing decisions. This legislation defines affordable housing as housing costing occupants no more than 30% of their income.
Co-sponsored by Reps.
Referred to the Committee on Economic Development and Small Business
