HB 2595 Arizona House · 57th Legislature - First Regular Session

municipal attainable housing; development

HB 2595 requires Arizona cities to ensure that 20% of new multifamily housing units (in projects with 20+ units) are "attainable" for 20 years - meaning priced for households earning up to 120% of the county's median income. Cities can either mandate these units directly or accept developer contributions to local housing funds instead. To support developers, cities must offer incentives like density bonuses, reduced fees, or faster permitting. The bill applies only to new multifamily projects meeting the 20-unit threshold, aiming to increase affordable housing options without imposing direct cost burdens on cities.
Bill status introduced 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2025 Last action Jan 28, 2025
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P
Photo of Walt Blackman
Walt Blackman
RRepublican
AZ
7