Establishes additional factors for municipal adjustment in calculating affordable housing obligations and provides a population-based cap.

This bill introduces specific factors for calculating a municipality's fair share affordable housing obligation, including population size, land resources, and infrastructure capacities. It also sets a cap on the number of units a municipality may allocate for affordable housing based on its population size. The bill aims to ensure that affordable housing mandates do not disproportionately burden municipalities with small populations. It replaces the previous 20 percent cap with a five percent population increase cap.

Establishes additional factors for municipal adjustment in calculating affordable housing obligations and provides a population-based cap.

This bill introduces specific factors for calculating a municipality's fair share affordable housing obligation, including population size, land resources, and infrastructure capacities. It also sets a cap on the number of units a municipality may allocate for affordable housing based on its population size. The bill aims to ensure that affordable housing mandates do not disproportionately burden municipalities with small populations. It replaces the previous 20 percent cap with a five percent population increase cap.