Staff warns new state 'affordability' districts could bypass local controls; HB 2999 allows developer‑run boards
Presenters told Florence council that House Bill 2999 creates state affordability infrastructure districts with developer‑dominated boards and a $5 per $100 tax cap, potentially allowing projects to form without local policy constraints.
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Town presenters briefed council on a new state law that allows developers to form state‑level infrastructure districts with significant powers to set tax rates and assessments. The presenter summarized the change in statutory authority and the practical implications for cities: the state will accept applications and form districts, which then use their own boards (dominated by developer appointees) to set financing plans.
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