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 declares that affordable housing credits issued under state law are perpetual and remain valid until they are redeemed to satisfy a housing obligation. It asks county officials to align their administrative rules so the credits are not limited by any expiration dates. The goal is to preserve the financial incentive for developers building affordable housing.

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