Relating to multifamily residential developments owned by public facility corporations.

HB 4306 clarifies rules for housing developments owned by public entities like housing authorities or school districts. It defines "multifamily residential development" as any rental property with four or more units (regardless of attached/detached units) and requires new projects to follow specific location rules: housing authorities must operate within their service area, while other entities must stay within their legal boundaries. For school district developments, new projects must either serve district employees exclusively or be built on land previously used as a school campus or for district administration. The law applies only to contracts signed on or after September 1, 2025, leaving existing projects governed by prior rules.