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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
AB 264 |
WI | 2023 | R | Affordable housing incentives and financing, By-right zoning, Density Increases, Development Fees, Funding, Impact fees, Minimum parking requirements, Planning Requirements, Streamline application, Workforce Housing |
Provided by Furman
Summary
Wisconsin A.B. 264
- Creates the Residential Housing Infrastructure Revolving Loan Fund, administered by WHEDA, to provide low-interest loans to developers for public and private infrastructure supporting workforce and senior housing.
- Requires developers to secure all applicable permits and receive local jurisdiction approval before applying for infrastructure funding.
- Compels local governments to implement cost-reduction measures, such as expediting approvals or revising zoning ordinances to increase density, as a prerequisite for project eligibility.
- Ensures that residential units supported by these infrastructure loans remain restricted to workforce or senior housing for a 10-year period.
- Sets aside 25 percent of the fund for a period of four years specifically for projects supporting senior housing.
Provided by lawmakers
Bill Title
An Act to create 234.66 of the statutes; relating to: residential housing infrastructure revolving loan fund and revolving loan program.