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Committee holds Housing for Jobs Act bills pending further review of denial process and regional targets
Summary
Presenters briefed the committee on SB 430/HB 503, the Housing for Jobs Act, which would set regional housing production goals tied to jobs and create mechanisms for jurisdictions to meet regional infrastructure gaps; the committee voted to hold the bills pending further analysis and intergovernmental input.
The committee received a briefing Jan. 28 on the Housing for Jobs Act (Senate Bill 430 and House Bill 503). The governor’s economic‑growth priority would require the Department of Housing and Community Development and the Department of Planning to calculate regional housing infrastructure gaps and assign shares to local jurisdictions to reach a jobs‑to‑housing ratio target of 1.5 or less.
Lorenzo Bellamy explained the bill’s principal elements: annual calculations divided into six district regions…
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