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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
H 7950 |
RI | 2022 | D | Accessory dwelling units regulations, Affordable housing incentives and financing |
Provided by Furman
Summary
- Creates Approved Monitoring Agent Program and directs the Rhode Island Housing Resources Commission to promulgate rules and regulations for the implementation of the program, including a process for selecting and approving monitoring agents.
- Monitoring agents’ duties include:
- Ensuring that tenants in low- and moderate-income (LMI) housing meet income limits annually and that monthly rental rates are consistent with both LMI guidelines and recorded deed restrictions.
- Ensuring that LMI homeownership units serve as the owners’ year-round principal residents and that any proposed refinance of a LMI unit while a deed restriction is in effect complies with program requirements.
- Ensuring that any LMI accessory dwelling unit being counted complies with requirements, including an annual lease, occupancy by a household whose adjusted income does not exceed 80% of the area median income (AMI), and cost of rent, heat, and utilities not exceeding 30% of the gross annual household income for a household with 80% or less of AMI.
- Ensuring that any other provisions contained in the relevant chapter that reasonably relate to affordable housing compliance and enforcement are met.
Provided by lawmakers
Bill Title
AN ACT RELATING TO TOWNS AND CITIES -- LOW AND MODERATE INCOME HOUSING.
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
