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Bill to let towns impose affordable‑housing investment fees draws sharp debate
Summary
HB 11‑45 would authorize municipalities to collect an 'affordable housing investment fee' when development does not meet local inclusionary requirements; supporters say it gives local tools, opponents warn it could raise costs and lacks caps or clear nexus tests.
Representative David Preece described HB 11‑45 as a local‑option tool that allows municipalities to impose a carefully structured and transparent fee on development that fails to meet inclusionary requirements, with proceeds restricted to affordable‑housing programs and subject to public reporting and audit.
Supporters including Brody Deshaies (NHMA) argued the fee could fill gaps left…
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