Requires municipalities to include an Affordable Housing Needs Assessment in their comprehensive plans.

The bill mandates that municipalities include an Affordable Housing Needs Assessment in their comprehensive plans. This assessment must utilize U.S. Department of Housing and Urban Development median income calculations to address housing needs across five affordability levels. These levels range from at or below 30% of the municipality's area median income to between 81% and 100% of the area median income. The assessment aims to establish a data-based foundation for the creation and preservation of affordable housing.

Requires municipalities to include an Affordable Housing Needs Assessment in their comprehensive plans.

The bill mandates that municipalities include an Affordable Housing Needs Assessment in their comprehensive plans. This assessment must utilize U.S. Department of Housing and Urban Development median income calculations to address housing needs across five affordability levels. These levels range from at or below 30% of the municipality's area median income to between 81% and 100% of the area median income. The assessment aims to establish a data-based foundation for the creation and preservation of affordable housing.