DECLARING THE INTENT THAT AFFORDABLE HOUSING CREDITS ARE PERPETUAL AND REMAIN VALID UNTIL REDEEMED, AND REQUESTING THE COUNTIES TO RECOGNIZE THESE CREDITS WITHOUT EXPIRATION DATES.

Summary

The resolution states that credits earned for building affordable housing should remain valid until they are redeemed, and it urges county governments to align their rules so the credits are not limited by time. It affects developers who receive the credits and the counties that administer them, aiming to keep the incentive strong for building more affordable homes.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share