Surplus real property; prioritization of disposition for affordable and middle-income housing.
Continued from last session
Summary
The bill directs the Department of General Services and local governments to identify surplus real property and give eligible affordable‑housing developers an exclusive 90‑day window to purchase, lease, exchange, or receive the land. Any conveyance must include a recorded covenant to provide affordable or middle‑income housing for at least 30 years. It aims to increase the supply of lower‑cost housing while ensuring proceeds from sales are split between the state park fund and the general fund.
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