AN ACT REQUIRING THAT ONE HOUSING UNIT-EQUIVALENT POINT BE AWARDED FOR CONSTRUCTION OF CERTAIN ELDERLY UNITS.
HB 5436 increases housing unit-equivalent points for developers building affordable elderly housing units. Specifically, it changes the rule to award one point (instead of half a point) for each unit constructed for seniors with incomes at or below 80% of the median income. This adjustment aims to incentivize more construction of such housing by making it more financially advantageous for developers. The bill directly affects housing developers and the availability of affordable senior housing in the state.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025
Last action Jan 17, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jan 17, 2025
Committee
REF. TO JOINT COMM. ON Housing
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tina Courpas
RRepublican
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