The anxiously awaited changes to House Bill 462, Housing Affordability Amendments (Waldrip) have been substituted into the bill and passed late this afternoon on the House floor. The substitute includes the language for required station area planning, as referenced in multiple ULCT Legislative Policy Committee meetings, and in several ULCT/WFRC meetings specifically for communities that would be affected by the station area planning requirements. The station area planning changes now join what was formerly known as SB34+ which includes various changes to moderate income housing plan requirements and other housing changes.
You can find the joint WFRC and ULCT summary of the bill HERE.
We anticipate further modest technical adjustments to this bill in the Senate. If you have any comments or questions about the bill, please let us know as soon as possible.
With just three days left, we are still awaiting some big ticket items, including the promised infrastructure funding package. We will keep you updated with any new information.
