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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
AB 265 |
WI | 2023 | R | Affordable housing incentives and financing, Commercial land, Funding, Impact fees, Minimum parking requirements, Planning Requirements, Vacant or blighted lands, Workforce Housing |
Provided by Furman
Summary
Wisconsin A.B. 265
- Establishes the Main Street Housing Rehabilitation Revolving Loan Fund to support the rehabilitation of single-family or multifamily rental housing on the upper floors of existing commercial buildings.
- Targets workforce housing projects located on the second or third floors of buildings that have a commercial use on the main floor and are currently vacant or underutilized.
- Directs WHEDA to award loans only if the local government has revised its land development regulations to increase density and reduce development costs.
- Requires municipalities to remain in compliance with statutory housing planning and reporting requirements to qualify for the program.
- Prioritizes loan awards based on credit risk, the projected reduction in housing costs, and the specific need for workforce housing in the area.
Provided by lawmakers
Bill Title
An Act to create 234.661 of the statutes; relating to: a main street housing rehabilitation revolving loan fund and loan program.
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
