Requires municipalities to include an Affordable Housing Needs...
Requires municipalities to include an Affordable Housing Needs Assessment to establish a data-based foundation for the creation and preservation of affordable housing in the municipality, utilizing the U.S. Department of Housing and Urban Development median income calculations, in their comprehensive plans.
This bill aims to ensure that all municipalities include an Affordable Housing Needs Assessment in their comprehensive plans. This assessment will be based on data and will use the U.S. Department of Housing and Urban Development's median income calculations to guide the creation and preservation of affordable housing options in the area. By doing so, the bill hopes to provide a clear, data-driven foundation for addressing housing needs in local communities.
The bill would affect all municipalities, requiring them to integrate this assessment into their planning processes. This means local governments would have to work with housing experts to evaluate the current housing situation and identify areas where affordable housing is needed. The use of HUD's median income calculations ensures that the assessment is based on accurate and up-to-date information.
Currently, the bill is in its early stages of the legislative process. It was introduced on January 8, 2025, and has since been referred to the appropriate committees for further review. Specifically, the bill was referred to local governments on January 8, 2025, and again on January 7, 2026. This indicates that the bill is being considered for potential amendments and further discussion before it can move forward.
