RELATING TO HOUSING.

Added specific requirement that developers must offer displaced tenants a right of first refusal for comparable units at a rate no greater than what they were paying, subject to inflation, or establish a relocation fund with specific payment options.

Added requirement that developers must establish procedures to track and maintain communication with displaced tenants starting 120 days before sending a notice to vacate, lasting until all tenants have declined or exercised their right of first refusal.

Added new conditions requiring county legislative bodies to approve projects within 45 days with deemed approval on day 46, and requiring land use commission approval for boundary changes within 45 days.

Added requirement that 100% of units in the project must be exclusively for qualified residents for the lifetime of the project.

Added specific enforcement actions for non-compliance including delaying threshold review, halting relocation, withholding program funds, and deeming developers ineligible for corporation programs for at least one year.

Modified eligibility criteria to specify that protections apply to tenants in units affordable to families earning 140% or below of the applicable area median income.

Added definition of 'government assistance program' to clarify which programs are covered under the bill.

Changed effective date from July 1, 2025 (implied) to July 1, 3000, likely as a placeholder for future legislative action.

Added specific consequences for developer non-compliance, including delayed funding review, halted relocation, withheld disbursements, and potential ineligibility for future programs for up to one year.

Extended the required communication period with displaced tenants to begin 120 days before sending notice to vacate and continue until all tenants have exercised or declined their right of first refusal.

Added requirement that developers must offer tenants a right of first refusal for comparable units at rates no greater than what they were paying, with inflation adjustments, or establish a relocation fund with specific payment options.

Added requirement that 100% of units in the project must remain exclusively for qualified residents for the lifetime of the project.

Changed the effective date from an unspecified date to July 1, 3000 (likely a placeholder or error in the draft version).

Clarified that federal regulations offering greater protections to tenants control when federal programs are involved, ensuring tenants receive at least current federal and state protections.

Right of first refusal and relocation benefits now only apply to tenants in units affordable to families earning 140% or below of the applicable area median income, rather than all displaced tenants.

Effective date changed to July 1, 3000 (likely a placeholder error that needs correction).

Added new requirements for land use commission approval within 45 days and final plan certification procedures.

Added provision that final plans and specifications shall constitute the zoning, building, construction, and subdivision standards for the project.

Relocation benefits now offer tenants a choice between three separate payments (one month's rent each) or a lump sum (three months' rent), with options for rent waiver or direct cash payment.

Added requirement that communication with displaced tenants must commence 120 days prior to sending notice to vacate and continue until all tenants have either declined or exercised their right of first refusal.