Fifty-sixth Legislature                                                         

Second Regular Session                                                          

 

COMMITTEE ON COMMERCE

HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2518

(Reference to printed bill)

 

 

 


Page 1, between lines 1 and 2, insert:

"Section 1. Title 9, chapter 4, article 6, Arizona Revised Statutes, is amended by adding section 9-461.18, to read:

START_STATUTE9-461.18. Affordable housing; density; height; applicability; definitions

A. NOTWITHSTANDING ANY OTHER LAW OR ORDINANCE, ON OR BEFORE JANUARY 1, 2025, A MUNICIPALITY SHALL OFFER, IN ANY MIXED USE OR MULTIFAMILY RESIDENTIALLY ZONED DISTRICT WITHIN ONE-HALF MILE OF A LIGHT RAIL OR STREETCAR STOP, A HEIGHT OR DENSITY BONUS OF TEN PERCENT ADDITIONAL DWELLING UNITS FOR EITHER OF THE FOLLOWING:

1. A PROPOSED MULTIFAMILY RESIDENTIAL HOUSING DEVELOPMENT THAT DEDICATES AT LEAST TWENTY PERCENT OF THE UNITS TO PERMANENT AFFORDABLE HOUSING.

2. A PROPOSED RESIDENTIAL HOUSING DEVELOPMENT THAT QUALIFIES FOR THE LOW-INCOME HOUSING TAX CREDIT PROGRAM AS DEFINED IN SECTION 42-13601, SUBJECT TO ALL OTHER DEVELOPMENT STANDARDS OF THE MUNICIPALITY.

B. THIS SECTION DOES NOT APPLY TO ANY OF THE FOLLOWING:

1. ANY LAND IN THE IMMEDIATE VICINITY OF A MUNICIPAL AIRPORT, A FEDERAL AVIATION ADMINISTRATION COMMERCIALLY LICENSED AIRPORT OR a GENERAL AVIATION AIRPORT.

2. ANY TERRITORY IN THE VICINITY OF A MILITARY AIRPORT OR ANCILLARY MILITARY FACILITY AS DEFINED IN SECTION 28-8461.

3. ANY AREA THAT IS DESIGNATED AS A DISTRICT OF HISTORICAL SIGNIFICANCE PURSUANT TO SECTION 9-462.01, SUBSECTION A, PARAGRAPH 10.

4. ANY AREA THAT IS DESIGNATED AS HISTORIC ON THE NATIONAL REGISTER OF HISTORIC PLACES.

5. TRIBAL LAND.

6. ANY AREA WHERE AN EXISTING MOBILE HOME PARK AS DEFINED IN SECTION 33-1409 MAY BE DISPLACED.

C. FOR THE PURPOSES OF THIS SECTION:

1.  "DEDICATED" OR "DEDICATES" MEANS TO RECORD IN THE FORM AND MANNER REQUIRED BY A MUNICIPALITY A LEGALLY BINDING DOCUMENT ON THE PROPERTY THAT LIMITS THE PRICE AT WHICH THE PROPERTY MAY BE SOLD OR LEASED FOR A PERIOD OF AT LEAST TWENTY-FIVE YEARS.

2.  "MULTIFAMILY RESIDENTIAL DEVELOPMENT" MEANS A BUILDING OR BUILDINGS that are DESIGNED AND USED FOR RESIDENTIAL PURPOSES and THAT CONTAIN MORE THAN ONE APARTMENT OR DWELLING UNIT.

3. "PERMANENT AFFORDABLE HOUSING" MEANS UNITS THAT are DEDICATED TO EITHER OF THE FOLLOWING:

(a) OWNER-OCCUPIED HOUSING FOR WHICH THE TOTAL ANNUAL COST OF OWNERSHIP, INCLUDING PRINCIPAL, INTEREST, TAXES, INSURANCE AND HOMEOWNERS' ASSOCIATION FEES, DOES NOT EXCEED THIRTY PERCENT OF THE GROSS ANNUAL INCOME OF A HOUSEHOLD THAT IS AT EIGHTY PERCENT OF THE AREA MEDIAN INCOME.

(b) RENTAL HOUSING FOR WHICH THE TOTAL ANNUAL RENT COST DOES NOT EXCEED THIRTY PERCENT OF THE GROSS ANNUAL INCOME OF A HOUSEHOLD THAT IS AT EIGHTY PERCENT OF THE AREA MEDIAN INCOME." END_STATUTE

Renumber to conform

Page 1, line 11, strike "shall be published at least once in a newspaper of"

Strike line 12

Line 13, strike "there is none, it" insert "shall be published at least once in a newspaper of general circulation published or circulated in the municipality, or if there is none, it"

Page 4, strike lines 17 through 45

Strike page 5

Page 6, strike lines 1 through 21

Renumber to conform

Page 8, between lines 5 and 6, insert:

"d. The Arizona department of housing shall compile the reports received pursuant to subsection b of this section and submit the reports to the governor, the president of the senate and the speaker of the house of representatives."

Reletter to conform

Amend title to conform


 

 

JUSTIN WILMETH

CHAIRMAN

 

 

2518COMMERCE.docx

02/06/2024

05:16 PM

C: LAT