Create new sections of KRS Chapter 198A to define terms; establish a revolving account to be known as the first-generation homebuyer trust fund; establish eligible activities and uses of the trust fund; require Kentucky Housing Corporation to operate a forgivable loan program for eligible first-generation homebuyers applicants, administer the fund, and submit annual reports to the Legislative Research Commission.
Create a new section of KRS Chapter 65 to require local governments to establish a program to waive fines, fees, and interest associated with a property that has been donated to a qualifying donee; amend KRS 65.355 to require a local government that creates a land bank authority to establish a program to grant property assessment moratoriums pursuant to KRS 99.595 to 99.605.
Create a new section of KRS Chapter 100 to define "qualifying planning unit," "qualifying residential development," "small lot," "service document," and "transitional buffer"; prohibit a qualifying planning unit from establishing certain restrictions on a qualifying residential development or small lot; allow a qualifying planning unit to adopt generally applicable regulations related to specified environmental features, and other matters for which a planning unit is authorized to regulate; establish that there is no effect on property owner's associations; establish a cause of action and recovery costs and awarding of attorney's fees if successful; establish limitations on when a qualifying planning unit may deny a development; allow a developer to modify and resubmit development plans after a denial; require a qualifying planning unit alleging substantial negative impacts to articulate those impacts and demonstrate them under clear and convincing evidentiary standard; establish a cause of action by a developer to bring suit for a development plan denial; permit a local government to require a transitional buffer between existing development and a qualifying residential development; create a new section of KRS Chapter 100 to prohibit a planning unit from adopting certain space requirements for parking; direct that the prohibition does not alleviate responsibility to provide accessible parking; allow a planning unit to deny a development if there would be substantial negative impacts; allow a developer to modify and resubmit plans to remediate negative impacts; require a planning unit alleging substantial negative impacts to articulate those impacts and demonstrate them under clear and convincing evidentiary standard; establish a cause of action by a developer for a denial due to a substantial negative impact; create a new section of KRS Chapter 100 to define "mixed-use residential development," "multifamily residential development," and "qualifying planning unit"; direct that in a qualifying planning unit mixed-use and multifamily developments are permitted use in commercial zones; prohibit a qualifying planning unit from imposing requirements on those developments more restrictive than other uses in the zone or to have certain parking requirements; EFFECTIVE July 1, 2027.
Create new sections of KRS Chapter 65 to define terms; establish the process for a local government to establish a residential infrastructure development district and for dissolution of a district; authorize a local government to issue bonds and other obligations to pay for infrastructure costs within a residential infrastructure development district; authorize a local government to collect special assessments on property within the residential infrastructure development district to pay for infrastructure costs and use special assessment revenue for administrative costs unless restricted; establish that the special assessment constitutes a lien, address lien priority, require delinquent property taxes to be paid prior to a special assessment, and allow for redemption of property sold as a result of delinquent payment of a special assessment; permit local governments to act jointly to establish and maintain a residential infrastructure development district; define terms and allow a local government to establish a housing development district and a Housing Incentive Payment Program; allow a local government to exempt housing developments within a housing development district from planning and zoning following a public hearing; permit other local taxing authorities to participate in a housing development district; allow a local government to accept applications from developers to undertake projects within a housing development district; allow a local government to negotiate with a developer whose application it has accepted regarding rates associated with incentive payments to the developer; establish a means by which a developer shall be paid incentive payments by a local government; require area development districts to provide assistance to a local government in establishing a housing development district; require the Cabinet for Economic Development to promote awareness of the housing development district and incentive program and the Certified Child Care Community Designation program set out in KRS 199.891; require the cabinet to post information including a list of local governments that have established housing development districts and have obtained the certified child care community designation to its website; require local governments that have established housing development districts to provide information to the Department for Local Government regarding the district and utilization of the incentive program; require the Department for Local Government to submit a report to LRC summarizing information received from local governments regarding housing development districts; provide that the Act shall not be construed to prohibit a local government from establishing any other incentive program for housing development.
Create a new section of KRS Chapter 198B to define terms; require regulatory authorities to provide information to prospective applicants regarding requirements to apply for a permit; require a regulatory authority to inform an applicant of whether the application is complete within 3 days and include whether the regulatory authority is able to perform plan review and inspection within specified time limits; require a regulatory authority to conduct plan review within 14 days of receipt of a complete application and inspections within 5 days of any request for an inspection being made; provide for circumstances in which deadlines may be extended; permit an applicant to use a qualifying third-party inspector; set out circumstances under which a regulatory authority may collect fees depending on use of a third-party inspector; set out what a third-party inspector may review and set out qualifications and requirements the third-party inspector must meet; require a regulatory authority to issue a permit within 1 business day of the completion of required plan reviews and inspections associated with an otherwise complete application; state that any ordinance, rule, or regulation contrary is void and unenforceable; state that a regulatory authority may issue a stop-work order if a condition of a project constitute an immediate threat to public safety and welfare; establish immunity for the regulatory authority for action of an applicant or third-party inspector; amend KRS 198B.060 to conform.
Amend KRS 198B.050 to require that building code standards for 2, 3, and 4 family homes not be more stringent than those for single-family homes; amend KRS 198B.060 to apply exemption for single-family homes to 2, 3, and 4 family homes; permit third-party plan review and inspections under new procedures; create a new section of KRS Chapter 198B to define terms; require regulatory authorities to provide information to prospective applicants regarding requirements to apply for a permit; require a regulatory authority to inform an applicant of whether the application is complete within 3 days and include whether the regulatory authority is able to perform plan review and inspection within specified time limits; require a regulatory authority to conduct plan review within 14 days of receipt of a complete application and inspections within 5 days of any request for an inspection being made; provide for circumstances in which deadlines may be extended; permit an applicant to use a qualifying third-party inspector; set out circumstances under which a regulatory authority may collect fees depending on use of a third-party inspector; set out what a third-party inspector may review and set out qualifications and requirements the third-party inspector must meet; require a regulatory authority to issue a permit within 1 business day of the completion of required plan reviews and inspections associated with an otherwise complete application; state that any ordinance, rule, or regulation contrary is void and unenforceable; state that a regulatory authority may issue a stop work order if a condition of a project constitute an immediate threat to public safety and welfare; establish immunity for the regulatory authority for action of an applicant or third-party inspector; EFFECTIVE July 1, 2027.
Amend KRS 171.396 to define and redefine certain terms; allow the certified rehabilitation credit cap to be allocated as 15% for owner-occupied residential property and 85% for property other than owner-occupied residential property, including workforce housing; require that projects approved as workforce housing maintain affordability for individuals earning 80% of the county level area median income or less; amend KRS 171.397 to state that the provisions established in this statute pertain to applications received before April 30, 2026; create a new section of KRS Chapter 171 to apply to applications received after April 30, 2026 with certain changes; current credit program cap of $100 million is maintained; with a split of $50 million into 2 separate credit allocation application rounds; expand the credit to apply to certain taxes imposed in KRS Chapter 136; require the Kentucky Heritage Council to work with the Kentucky Housing Corporation to ensure the workforce housing property maintains area median income affordability requirements for 5 years within completion of the certified rehabilitation; create a new section of KRS Chapter 198A to require the corporation to work with the Kentucky Heritage Council for these purposes; amend KRS 141.0205; 141.382; and 171.3961 to make conforming changes.
Create a new section of KRS Chapter 141 to establish the accessible home credit for taxable years beginning on or after January 1, 2027, but before January 1, 2031; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credit.
Create a new section of KRS Chapter 198A to create the affordable housing loan pool fund to be administered by the Kentucky Housing Corporation to provide rehabilitation and construction loans to eligible entities; specify terms and process; amend KRS 198A.080 to modify criteria for housing development loan fund, require notice of eligible funds, and allow expenditure of funds for technical and administrative costs; create a new section of KRS Chapter 198A to establish parameters by which the Kentucky Housing Corporation shall review and approve the affordable housing credit; create a new section of KRS Chapter 141 to establish the affordable housing credit; amend KRS 141.0205 to order the credit; amend KRS 131.190 to allow the Department of Revenue to report on the credits; appropriate $102,000,000 from the Budget Reserve Trust Fund account for various affordable housing initiatives; APPROPRIATION; EMERGENCY.
Create new sections of KRS Chapter 61 to require a permitting authority to issue a decision on any permit application within 60 days; automatically grant any permit if a permitting authority fails to render a decision within 60 days; require any denial or conditional approval of a permit to be based on clearly established applicable laws or regulations; grant Circuit Court jurisdiction over any permitting matter; require the Circuit Court to determine whether a permitting decision by the permitting authority was based on clear and convincing evidence; require the Circuit Court to award the applicant attorney's fees and costs if the court finds against the permitting authority; allow third-party challenges to permitting decisions only if the third-party has property adjacent to property that has been granted a permit and where the third-party can demonstrate concrete and particularized harm resulting from issuance of a permit; allow an applicant to appeal any adverse decision from a third-party challenge; require a third party to pay applicant's attorney's fees and costs if the permit is finally approved following a third-party challenge; create a new section of KRS Chapter 100 to grant by-right approval to housing projects which meet a planning unit's code or regulations; grant Circuit Court jurisdiction over any denial of a housing project under the section; require the Circuit Court to determine whether a denial by the planning unit was based on clear and convincing evidence; require Circuit Court to award the applicant attorney's fees and costs if the court finds against the planning unit; provide that the section does not prevent monitoring by the planning unit or affect restrictions in rules or regulations of a homeowners association, condominium association, or other property owners association; amend KRS 198B.060 to permit third-party plan review and inspections under new procedures; create a new section of KRS Chapter 198B to define terms; require regulatory authorities to provide information to prospective applicants regarding requirements to apply for a permit; require a regulatory authority to inform an applicant of whether the application is complete within 3 days and include whether the regulatory authority is able to perform plan review and inspection within specified time limits; require a regulatory authority to conduct plan review within 7 days of receipt of a complete application and inspections within 5 days of any request for an inspection being made; permit an applicant to use a qualifying third-party inspector; set out circumstances under which a regulatory authority may collect fees depending on use of a third-party inspector; set out what a third-party inspector may review and set out qualifications and requirements the third-party inspector must meet; require a regulatory authority to issue a permit within 1 business day of the completion of required plan reviews and inspections associated with an otherwise complete application; state that any ordinance, rule, or regulation contrary is void and unenforceable; state that a regulatory authority may issue a stop work order if a condition of a project constitute an immediate threat to public safety and welfare; establish immunity for the regulatory authority for action of an applicant or third-party inspector.
