AN ACT INCLUDING CERTAIN DEED-RESTRICTED DWELLING UNITS IN THE CALCULATION OF THE THRESHOLD FOR EXEMPTION FROM THE AFFORDABLE HOUSING APPEALS PROCEDURE.

SB 848 modifies a housing law to include specific deed-restricted housing units in the calculation for exemptions from affordable housing appeals. These units must have long-term affordability covenants requiring sales or rentals at 30% of income for households earning under $100,000 (single) or $200,000 (joint), plus proof of full-time employment. Municipalities gain housing unit-equivalent points for each qualifying unit created. The bill directly affects developers building such units and local governments managing housing appeals. It expands the pool of units counted toward affordability thresholds without changing income limits or funding.