AN ACT CONCERNING AFFORDABLE HOUSING DEVELOPMENT ON CERTAIN LAND OWNED BY A RELIGIOUS ORGANIZATION.
What changed between versions
The minimum percentage of affordable dwelling units required to qualify for summary review was reduced from 30% to 20%.
Density and height restrictions were updated to allow higher density (up to 50 units per acre) for developments meeting the new 20% affordable housing threshold, whereas the original bill capped density at 30 units per acre for 30% affordable housing.
New language was added to clarify that off-street parking requirements are limited to one space per unit if the development is more than half a mile from public transit.
A specific definition for 'affordable housing deed restriction' was added to clarify the legal instrument required for the affordable units.
A new subsection was added to clarify that these developments are not automatically exempt from property taxes unless they meet specific statutory requirements.