Workforce Housing Incentive Act: tax relief for affordable housing projects and streamlined permitting.
The Workforce Housing Incentive Act provides tax relief for affordable housing projects and streamlines permitting processes. It exempts qualifying affordable housing builders from the state's prime contracting sales tax. Municipalities must allow builders to start vertical construction concurrently with horizontal infrastructure work if certain conditions are met. The Arizona Department of Housing is tasked with establishing policies and programs to address affordable housing issues, including accepting federal housing assistance funds.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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