SB58: Relating to expanding the supply of affordable housing; prescribing an effective date.
Legislative Summary
This Act makes OHCS award grants to counties for subgrants to home owners to create auxiliary dwellings for rent. (Flesch Readability Score: 63.8). Directs the Housing and Community Services Department to establish and administer a pilot program to award grants to counties. Requires recipient counties to establish a home modification program that awards grants to homeowners to develop and rent interior auxiliary dwelling units within an urban growth boundary or an area zoned for rural residential use. [Prevents auxiliary dwelling units developed by the grant from triggering recalculation of property value for property tax purposes. Applies to assessment years beginning January 1, 2026, and before January 1, 2032.] Sunsets on January 2, 2034. Takes effect on the 91st day following adjournment sine die.
Demographic Impact
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Bill History
Amendments
Senate Committee On Housing and Development Amendment #-2
Senate Committee On Housing and Development (2025-03-31)