Establishes a preference for low- and moderate-income veterans in affordable housing and authorizes bonus fair share credits for such housing.
This bill establishes a preference for low- and moderate-income veterans in affordable housing and authorizes bonus fair share credits for such housing. It requires developers to provide a preference to veterans for up to 50% of affordable units in a project. The bill also mandates outreach to veterans by the Department of Military and Veterans Affairs to inform them of the preference and how to apply. Municipalities can receive bonus credits for housing units occupied or reserved for veterans, among other types of affordable housing.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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