relative to benefits issued to certain water-related infrastructure projects.

HB 1783 creates new benefits for community-based water and wastewater treatment projects that enable residential construction on smaller lot sizes. The Department of Environmental Services will determine if projects qualify, and qualifying projects may receive priority for housing grants, preferred financing rates from the municipal bond bank, or expedited approvals. These benefits apply specifically to innovative regional water/wastewater systems that reduce minimum lot size requirements for homes, as defined under existing law. The bill does not provide new state funding for these benefits.