This bill aims to address the growing affordable housing crisis by repurposing underutilized and surplus state-owned properties. It establishes a legal framework for identifying, inventorying, and transferring such properties to entities committed to developing deeply affordable housing.
The bill outlines the responsibilities of state agencies, the Governor, and local governments in maintaining property inventories and determining surplus status. It also sets forth a proposal and selection process for affordable housing developers, prioritizing deeply affordable housing and community land trusts. Annual reporting requirements included in the bill ensure transparency and accountability in the conveyance of properties.
Use this model as an advocacy tool to ensure that your state leverages underutilized property to address the affordable housing crisis.
Questions? Contact the National Homelessness Law Center at Srahman@homelesslaw.org.
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