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Committee advances SB 23 after technical fixes to First Home Investment Zone tool
Summary
The House Political Subdivisions Committee recommended favorably a first substitute to SB 23, which makes technical and definitional fixes to the First Home Investment Zone tool and sets owner‑occupancy and developable‑area rules intended to increase owner‑occupied housing.
The Utah House Political Subdivisions Committee recommended favorably the first substitute to SB 23, the First Home Investment Zone amendments, after the sponsor and multiple stakeholders described the measure as a technical fix that restores the bill’s original intent.
Sen. Harper, sponsor of SB 23, told the committee the “first home investment zone” is intended to allow a community to “create an area around an intersection or around a transit improvement…put a little bit of higher density there and then shift some of that density to another area within the community for first homes,” and that the substitute corrects drafting errors that prevented implementation.
The substitute…
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