Proposes a bond measure to authorize the Town of Jamestown to issue up to three million dollars ($3,000,000) in general obligation bonds, subject to voter approval, to support affordable housing projects in Jamestown.
This bill amends Rhode Island zoning laws to allow the town of Smithfield to set its own density bonuses for developments that include affordable housing. The legislation establishes requirements for inclusionary zoning, mandating that at least 15% of units in qualifying developments remain affordable for 30 years, while also permitting municipalities to offer incentives like additional market-rate units or reduced lot sizes to encourage affordable housing. Developers can choose to build affordable units on-site, off-site, through land donations, or by paying a fee, though those opting for fees or off-site construction cannot receive density bonuses. The bill also sets minimum standards for affordable housing fees and outlines how municipalities must manage and allocate these funds for future affordable housing projects.
This bill requires landlords to give tenants a receipt whenever rent is paid in cash. The rule applies to all residential rental properties covered by the state's Landlord and Tenant Act. Landlords must provide the receipt at the exact moment they receive the cash payment. This change aims to create a clear record of cash transactions between landlords and tenants. The law will take effect immediately upon being passed.
Increases historic tax credit to 30%, and up to 35%, depending on the amount of rental area available for multi-family housing, affordable rental units and units sold as affordable housing.
Creates a state program and fund to finance adaptive reuse and mixed-use housing projects, requires affordable units and labor standards, and provides oversight to expand housing until 2035.
This bill amends Virginia's condominium law to improve transparency and accountability for condominium associations. It requires associations to hold annual meetings, allows meetings to be conducted electronically with proper notice, and mandates that meeting minutes be made available to owners within 30 days. The bill also establishes a new requirement for independent financial audits every five years for associations governing more than 20 units, with copies available to all unit owners upon request. Additionally, it creates a condominium ombudsman position to assist owners with disputes and clarifies rules for accessing association records like financial statements and contracts.
Allows faith-based organizations to develop affordable housing on land they own provided at least 50 % of the housing to be developed is low- or moderate-income housing and the land is owned or held in trust by the faith-based organizations.
Clarifies how condominium insurance deductibles and unpaid losses are divided between associations and unit owners, require owners to insure units if associations do not, and allow boards to manage and use insurance proceeds for repairs.
