Promoting housing affordability by incentivizing the construction of American dream homes.

Summary

The bill lets developers apply for permits to build owner‑occupied homes of 1,500 sq ft or less that must stay affordable for low‑income families for seven years. It offers tax credits to builders, offsets impact‑fee costs for cities and counties, and provides a seven‑year property‑tax exemption. The goal is to increase affordable housing supply for households earning less than 70 % of area median income.

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

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