AN ACT CONCERNING THE ANNUAL REPORT OF HOUSING AUTHORITIES.

This bill requires housing authorities to include new affordability data in their annual reports, such as rental prices by income group and the percentage of units at each price level relative to area median income. Authorities must also report when units qualify as affordable (meeting federal standards for low-income housing, where households pay 30% or less of income). The reports, to be posted online by March 1 annually, will cover existing housing inventory, new construction status, and sales/leases of rental units. This change takes effect July 1, 2025, with no anticipated fiscal impact on state or local governments.