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State Land Use Enacted Legislation
| Bill # | State | Year | Party | Topic |
|---|---|---|---|---|
HB 154 |
NH | 2021 | D | Affordable housing incentives and financing, Inclusionary zoning, Tax Incentives |
Provided by Furman
Summary
- Provides that a municipality may by vote of its legislative body establish a “housing opportunity zone”.
- Includes housing units constructed in a housing opportunity zone among the types of “qualifying structures” eligible for community revitalization tax incentives.
- “Qualifying structure” is defined as a building located in a district officially designated in a municipality’s master plan, or by zoning ordinance, as a downtown, town center, central business district, or village center, or, where no such designation has been made, in a geographic area which, as a result of its compact development patterns and uses, is identified by the governing body as the downtown, town center, or village center.
- Revises criteria for assistance from the affordable housing fund administered by the housing finance authority so that individuals or families whose gross income is less than 50% of AMI are classified as “very low income,” those with gross income of 50-60% of AMI are “low income,” and those with gross income of 60-80% of AMI are “moderate income.”
- The authority provides financial assistance based on the percentage of units meeting different income levels.
Provided by lawmakers
Bill Title
AN ACT relative to community revitalization tax relief incentives.
Related resources
Enacted Legislation Related Posts
Research and analysis from the Furman Center on this and related housing policy topics.
