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House narrows but‑for exemption and raises housing floor‑area threshold in conference text for S.127
Summary
Legislative counsel said the House proposal narrows an exemption from the but‑for test to affordable housing developments only and raises the project floor‑area threshold to 60%, while preserving a flexible alternative test for mixed‑use configurations.
During the Jan. 27 House–Senate conference on S.127, staff summarized changes to the bill’s eligibility tests for projects seeking incremental retention and other program benefits.
John Gray, Office of Legislative Council, told conferees the House is proposing to exempt only “affordable housing developments” — not moderate‑income…
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