relative to the disposal of state surplus property for affordable housing.

This bill would allow the state to sell or lease surplus real estate to nonprofit organizations at prices below fair market value specifically for building affordable housing. The governor and council would determine the discounted price, and the state would attach legal restrictions to ensure the property remains dedicated to affordable housing purposes. Directly affecting state property management and nonprofit developers, the measure aims to provide discounted assets to support low-income housing projects. Although the bill passed a committee, it was ultimately tabled and did not become law during the 2024 session.