Video & Transcript : 'affordable leasing' :

Page 91 of 500
US
Transcript Highlights:
  • yesterday when we saw an announcement from China that took $600 billion out of the valuation of a lease
  • Many families can't afford them now.
  • It is making sure that people are safe and well, but that they can also afford to live.
  • electric Rolls-Royce vehicle, could you imagine that the United States government subsidizes that car on leases
  • allows luxury European automobiles that aren't even remotely made in America to get $7,500 if they're leased
TX
Transcript Highlights:
  • We lease a lot of buildings across the state of Texas. We own a lot of buildings.
  • How would expanding Medicaid under the Affordable Care Act improve access to preventive care?
  • Unfortunately, we have the largest amount of lease space across the state so they can go to a lease office
  • We've also shrunk our lease footprint.
  • Although we still have a number of lease spaces across the state, we have reduced the number of leases
Bills: SB1 , SB 1
Committee: Senate Finance
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/12/26

Energy Finance and Policy

Transcript Highlights:
  • <00:02:11.120><c> the</c> sensitive much like we consider the sensitive much like we consider the leases
  • 12.160><c> in</c><00:02:12.319><c> our</c><00:02:12.480><c> apartments</c><00:02:12.879><c> up</c> leases
  • that we have in our apartments up leases that we have in our apartments up here<00:02:13.120><c> at<
  • </c><00:19:58.400><c> is</c> affordable natural gas service is affordable natural gas service is critical
  • Um we can't do anything affordably, it seems like.
Bills: HF3830 , HF3688
CO

Colorado 2026 Regular Session

Colorado Senate 2026 Legislative Day 114 May 8th, 2026

Colorado Senate Floor Meeting

Transcript Highlights:
  • </c> around this concept of an affordable around this concept of an affordable housing<03:15:03.240><
  • </c> We have a shortage of affordable We have a shortage of affordable housing. housing. housing.
  • </c> affordable housing. affordable housing.
  • <03:16:32.160><c> is</c> ...quote and quote, affordable housing is truly affordable.
  • </c> affordability of health insurance. affordability of health insurance.
Keywords: 981, all
HI

Hawaii 2025 Regular Session

PBS Public Hearing - Fri Mar 21, 2025 @ 9:00 AM HST

Public Safety

Transcript Highlights:
  • Thank you. military lease lands um it's the aclu's military lease lands um it's the aclu's mission<01
  • How many actual leases are there? ...How many actual leases are there?
  • We're going to lease it. We're going to extend the lease or renew the lease for the military.
  • We're going to lease it. We're going to extend the lease or renew the lease for the military.
  • We're going to lease it. We're going to extend the lease or renew the lease for the military.
Committee: House Public Safety
Keywords: 910, house, all
Summary: The Committee on Public Safety met on March 21, 2025, and heard several resolutions related to corrections, emergency preparedness, and wildfire risk. Early items included HCR 62/HR 57 on flying the National League of Families POW/MIA flag year-round at the state Capitol, for which no one testified, and HCR 154/HR 49, which would request a comprehensive forensic audit of DCR and DAGS spending tied to planning and building a new jail to replace the Ahu Community Correctional Center. The ACLU strongly supported the audit, arguing that the state has spent millions on jail planning over many years without clear accounting, that a new jail is unnecessary and fiscally irresponsible, and that public-private partnership arrangements could reduce transparency. Committee members questioned the use of the term “forensic,” the age of some cited allegations, and whether the auditor could instead conduct another type of audit; the ACLU said it was open to other audit language and offered to help compile background materials. No vote was taken in the portion provided. The committee also heard HCR 63, asking DCR to provide separate clinical counseling services for correctional staff, with one supporter, and HCR 23, which asks DCR to include circuit and district court facilities in planning the new Ahu Community Correctional Center and to establish a release procedure that avoids releasing detainees into residential communities or public spaces. DCR Director Johnson said the department supported the intent of HCR 23 and had discussed it with the Chief Justice and court administrator, adding that one multi-purpose courtroom could handle both district and circuit proceedings. The chair then moved on without further discussion. A major portion of the meeting focused on HCR 37, which asks HEMA to work with other agencies on outreach and preparedness for kūpuna. Testifiers from the Pearl City Neighborhood Board, AARP Hawaii, and the Hawaii Council of Community Associations supported the measure, citing the vulnerability of older adults and people with disabilities during disasters, lessons from the Lahaina fires, and the need for clear evacuation plans, siren reliability, and better coordination with care homes and condominium associations. Several speakers described local preparedness efforts and concerns about gaps in communication and implementation. The committee also discussed HCR 69/HR 62 on creating a vegetation management working group to reduce wildfire risk; the Division of Consumer Advocacy supported it, with testimony describing dangerous incidents involving vines and bamboo contacting electrical lines and causing sparking and a utility pole fire. The meeting ended with testimony and questions continuing on that topic, and no final committee action was shown in the excerpt.
TX
Transcript Highlights:
  • They don't have the training, the instructors, the facilities, and they can't afford the burden.
  • In addition to that, I don't know how much lease space we have in Austin and San Antonio.
  • a lot of employees in San Antonio, and every one of them are in a different office where they have lease
  • And we are currently working with TFC to seek long-term lease space for our driver license employees
  • And we are currently working with TFC to seek long-term lease space for our driver license employees
Bills: SB 1
Committee: Senate Finance
Summary: The Senate Finance Committee heard a presentation from the Legislative Budget Board on the Texas Department of Public Safety’s Article 5 budget. LBB recommended $3.7 billion in all funds for 2026-27, a 5.2 percent decrease from the base, while FTEs would rise by 856.7. Major items included funding for driver license services, DPS facilities, troopers and recruit schools, crime labs, vehicle and aircraft operations, border security, and rider changes. The committee also reviewed DPS exceptional items not included in the recommendation, including additional staffing, technology, and facility requests. Members focused heavily on driver license operations, criticizing long wait times, call abandonment, and repeated staffing increases without clear process improvements. LBB said the agency’s call-answer rate was about 9 percent in fiscal 2024, with average hold times around 34 minutes, later reduced to roughly 22-25 minutes. Senators questioned whether more FTEs alone would solve the problem and urged a broader efficiency study and better use of technology. DPS officials said they were pursuing process changes, including appointment-system upgrades, online pre-population of forms, and remote issuance options, while noting that Real ID requirements and population growth continue to drive demand. DPS leadership then outlined the agency’s priorities: completion of the Williamson County training academy, recruitment and retention of troopers, capital needs for vehicles and aircraft, and expanded responsibilities at the Capitol complex and the Alamo. Officials said the new trooper funding would help address staffing shortages, public safety, and border operations, and that overtime and deployment patterns had been adjusted to reduce burnout and improve flexibility. They also discussed Operation Lone Star, saying DPS spending is largely overtime, travel, and fuel, and that the agency continues to coordinate with federal partners while awaiting clarity on possible federal reimbursement for border security costs. Senators also raised concerns about oilfield theft, cartel activity, high-speed pursuits, bilingual pay, and the Texas Ranger Hall of Fame and Museum, and DPS said it would follow up on some of those issues.
WY
Transcript Highlights:
  • We have to lease it.
  • We have to lease it.
  • We have to lease it.
  • </c> allowable square footage, their lease allowable square footage, their lease cost,<00:31:39.160><
  • </c> for that lease. for that lease.
Keywords: 916, all
Summary: The Select Committee on School Facilities met to satisfy its quarterly statutory requirement and to discuss interim priorities. Staff from LSO reviewed the committee’s duties: monitoring K-12 school facilities statewide, prioritizing needs for the interim, and preparing a budget request due by November 1. They also noted the ongoing litigation related to the Chapter 3, Section 8 exception process and said the committee would move forward with securing a consultant to study that issue, as previously authorized by Management Council. A major topic was school funding formulas, especially how average daily membership (ADM) affects routine and major maintenance funding and how excess square footage is treated. Members revisited an earlier proposal to fund 135% of allowable square footage, which did not advance this session, and discussed whether some schools should instead be funded at a minimum percentage of their actual square footage. Staff explained that some districts have buildings larger than their formula allowance, and that the issue is complicated by older buildings, pools, and other unique facilities. They also noted that recent changes to the major maintenance multiplier increased funding and that some districts are still not fully covered by the formulas. Safety and security funding was another focus. The State Construction Department reported that $10 million was appropriated this year for safety and security upgrades, with some funds expected to go toward vestibules, bollards, and design work, and the rest through a district application process. Officials said the last comprehensive safety assessment was done more than 10 years ago and suggested a new consultant-led study to update priorities, since technology and building conditions have changed. Members also discussed the role of school resource officers and whether the committee should continue leading this work rather than handing it off to the recalibration committee. The committee also examined declining enrollment and excess capacity across the state, citing examples such as Newcastle, Shoshoni, Casper, Campbell County, and Fremont County. Officials said some districts are right-sizing by taking schools offline, while others cannot easily reduce capacity because the buildings are essential to the community. Charter school leasing was raised as a related concern, including the Mills charter school and the fact that the state pays lease costs based on ADM and allowable square footage. No formal votes were taken, but the committee agreed to continue studying these issues, likely including site visits and further data requests during the interim.
FL

Florida 2026 Regular Session

Rules Jan 27th, 2026

Rules

Transcript Highlights:
  • An ADU lease or rental under this bill must be for 30 days or more.
  • The density bonus and incentives in current law are extended to provide housing that is affordable to
  • It affects teachers who cannot afford to live near their schools, nurses commuting hours to hospitals
  • Housing affordability in Florida is not a partisan issue.
  • Housing affordability in Florida is not a partisan issue.
Committee: Senate Rules
Keywords: 999, senate, all
Summary: The Senate Committee on Rules met with a quorum present and heard a long agenda of bills, beginning with CS/SB 62 on candidate qualification, which would create an enforcement mechanism for party-affiliation qualification requirements and allow challenges by qualified candidates or political parties. The bill was reported favorably. The committee then heard CS/SB 156, the Officer Jason Raynor Act, which would clarify resistance-to-officer language and impose a mandatory life sentence for manslaughter committed against a law enforcement officer; the sponsor and local law enforcement supporters emphasized the Raynor case, while criminal defense lawyers objected to deleting existing force-limit language and to the mandatory life penalty. Despite the opposition, the bill was reported favorably. The committee also approved several open-government sunset review bills extending or preserving public records exemptions, including CS/SB 7014 on social media platform investigations, SB 7016 on small business loan program records, CS/SB 7012 on Department of Highway Safety and Motor Vehicles investigations, CS/SB 7000 on emergency shelter recipient information, CS/SB 7002 on Department of Military Affairs records, SB 7004 on conviction integrity unit reinvestigation materials, SB 7006 on Florida Public Service Commission records and meetings, and SB 7008 on Florida Gaming Control Commission records and meetings. Other measures reported favorably included SB 624 allowing optional faith-based activities in batterers’ intervention programs, HB 167 protecting former phosphate mining lands from certain strict-liability claims, CS/SB 48 on accessory dwelling units and housing supply, SB 288 on rural electric cooperatives, CS/SB 364 modernizing CPA licensure, SB 292 creating a records exemption for appellate court clerks and families, CS/SB 296 expanding domestic violence safety tools and address confidentiality protections, CS/SB 298 as the public-records companion, SB 386 on farm equipment lemon-law style protections, and SB 168 expanding public nuisance law to include gambling houses. Several bills drew supportive testimony from local governments, advocacy groups, industry groups, and affected families, with some opposition on SB 156 and SB 290. For CS/SB 48, the committee adopted two amendments before reporting the bill favorably. SB 290 on the Department of Agriculture and Consumer Services was temporarily postponed after the chair allowed public testimony but no final action was taken. At the end of the meeting, senators recorded their votes on selected bills, and the committee adjourned.
US
Transcript Highlights:
  • Current law permits service members to break their lease if they are deployed or if their duty station
  • And we cannot afford to dismiss the talents of more than half our population.
  • We need to make sure that service members have access to high-quality, affordable child care.
  • We also remain committed to improving access to available, affordable, and affordable housing. and quality
  • It's high quality, it's affordable, but right now it is facing a huge shortage of child care workers.
Summary: The committee meeting focused on pressing issues related to the U.S. military's recruitment and personnel strategies, especially in light of the upcoming NDAA for fiscal year 2026. Chairperson expressed appreciation for the service of witnesses including senior military leaders from different branches, emphasizing the importance of personnel as the backbone of national defense. Discussions revealed concerns regarding the recent lowering of recruitment standards across military branches, which could potentially affect the quality of service members and long-term military readiness. Witnesses were asked to address the implications of these changes on military health and efficiency.
LA

Louisiana 2026 Regular Session

Natural Resources and Environment Apr 14th, 2026

Natural Resources & Environment

Transcript Highlights:
  • I think some folks have purchased those properties, and we're trying to get into long-term lease agreements
  • Like possibly some of our local lakes that are public, have public access, and we may lease the land
  • Like possibly some of our local lakes that are public, have public access, and we may lease the land
  • Like possibly some of our local lakes that are public, have public access, and we may lease the land
  • They can't afford not to. Representative Bryant: All right.
Keywords: 965, house, all
NH
Transcript Highlights:
  • </c> with overseeing Gopher and their lease with overseeing Gopher and their lease terminates<00:08:38.479
  • It's this lease is presented as space.
  • So in fact, you'll be using federal money to help subsidize your lease. Absolutely.
  • So, under this your lease. Absolutely.
  • A ground lease? Is that what you said? A ground lease instead of a sale to the same.
Keywords: 1189, house, all
Summary: The Long Range Capital Planning and Utilization Committee approved the April 14, 2025 minutes and then considered several capital items, mostly Department of Transportation property dispositions and one Department of Business and Economic Affairs lease amendment. BEA requested approval to amend its Granite Center LLC lease to absorb space used by Gopher, explaining that the arrangement would keep both agencies in the same building, allow flexible space allocation, and produce a modest net savings while using federal funds reimbursed through an interagency arrangement. The committee asked about Gopher’s role, the floor layout, and whether federal money was indirectly subsidizing the lease; the item was approved. DOT items approved included sale of a former maintenance parcel in Raymond, vacant land in Dover, a permanent utility easement in Conway for the Conway Water Precinct, and a direct sale of limited access right-of-way in Seabrook to C&J Seabrook LLC for parking expansion. Members asked about environmental liability on the Raymond parcel, the size and location of the Conway easement, and whether C&J would charge for parking; C&J said the expansion would support a successful facility and that parking revenues help fund improvements such as paving, lighting, and security cameras. The committee also approved a small Salem parcel sale to Brooks Property LLC. The Department of Environmental Services received approval to transfer 37 acres near a New Ipswich flood control site to the town as part of a long-running settlement involving cemetery encroachment onto state land. DES said the agreement, reached with the town in 2023, reflects prior legislation and includes payment to the state; members asked whether there was any current dam damage, and DES said there was none. In miscellaneous business, the New Hampshire Liquor Commission said the governor had directed cancellation of the planned RFP sale and that the matter would instead proceed as a ground lease through a new RFP process. The committee also noted informational items on Council on Resources and Development minutes and surplus land reviews, set the next meeting for September 29 at 9:30, and adjourned by motion.
ID

Idaho 2026 Regular Session

Legislative Session Day 74 Mar 26th, 2026

Idaho House Floor Meeting

Transcript Highlights:
  • We cannot afford to do that, so I'll be in support and urge your green light. Thank you, Mr.
  • How did we get to this place where I don't know if my children will be able to afford to live in the
  • how did we get here how did we get to this place where I don't know if my children will be able to afford
  • As far as developers that build to lease, that's one to three percent of developers nationwide, and it's
  • This increases our supply in the housing market and helps with affordability.
Keywords: 989, all
ID

Idaho 2026 Regular Session

Legislative Session Day 57 Mar 9th, 2026

Idaho House Floor Meeting

Transcript Highlights:
  • protect individual owners regular bankruptcy proceedings might protect individual owners who can afford
  • amends and updates Idaho Code pertaining to property tax exemption for qualified workforce and affordable
  • It's a great tool for counties in addressing affordable housing. And with that, Mr.
  • Amending Section 58-3-12, Idaho Code, to revise provisions regarding occupation of state land without a lease
  • Amending Section 67-14-06, Idaho Code, to provide an exception and a lease.
Summary: The House opened with roll call, prayer, and approval of the journal, then received a notice appointing Kirk Larson as a substitute representative for District 33. The chamber also handled several Senate messages and committee reports, including printing or engrossing a number of bills, and advanced multiple measures through the calendar. Among the bills introduced were appropriations bills for the judicial and legislative branches (HB 847 and HB 848), an education bill revising career ladder and endorsement provisions (HB 849), and Senate bills on occupational licensure, veterans’ benefits consumer protections, specie/tender contracts, state investment in gold and silver, and household egg production. The House passed Senate Bill 1332, a fiscal year-end cash transfer bill that reallocated about $100 million back to the general fund by pulling unspent money from several programs, including transportation strategic initiatives, the Idaho Opportunity Scholarship, the Permanent Building Fund, water pollution control grants, and the In-Demand Careers Fund. Members also passed House Bill 545, which would allow military chaplains to qualify for counseling licensure and bill insurance; the bill drew substantial debate over whether chaplain training is equivalent to the education and supervised experience required for independent mental health practice, but supporters argued the military experience is valuable and the bill would help address counselor shortages. The House also passed HB 702 on securities ownership and Idaho law, HB 638 to restore Idaho’s presidential primary in March, HB 765 and HB 766 on fire district boundary changes and impact-fee collection, HB 767 on using impact fees for replacement of certain fire vehicles, HB 797 on fire district sub-district representation, and HB 672 to keep logos and slogans out of the executive budget document. Later, the House passed HB 785, which adds school disciplinary procedures for vulgar or inappropriate online posts about educators, HB 760 on property tax exemption for workforce and affordable housing, and HB 789, ratifying the Coeur d’Alene Tribe Water Rights Settlement of 2026. The chamber also adopted House Concurrent Resolution 27 honoring Idaho civilians who served and died on Wake Island during World War II, and House Resolution 25 approving reviewed administrative rules. A motion to suspend rules allowed immediate consideration of HB 833, a bill requiring daily recess in elementary schools and unstructured activity for middle school students; debate focused on whether the bill would improperly limit classroom discipline, and the transcript ends during closing remarks on that measure.
NV

Nevada 2025 Regular Session

Senate Floor Session May 29th, 2025 at 11:00 am

Nevada Senate Floor Meeting

Transcript Highlights:
  • Assembly Bill 543, by the Assembly Committee on Ways and Means, revises provisions relating to the lease
  • entrenches centralized control, diverting resources from proven, market-driven solutions that ensure affordability
  • Senate Bill 309 is now ready for final consideration. market-driven solutions that ensure affordability
  • So they have to, out of their per-pupil dollars, bond a building, buy a building, or lease a building
  • If they can afford to pay a football player $25 million a year and things like that, it would seem reasonable
Keywords: 909, all
NM

New Mexico 2025 Regular Session

IC - Legislative Finance May 13th, 2025

Transcript Highlights:
  • population that the feds would say, well, since you're serving them through like our healthcare Affordability
  • That's why I caution folks when we say, well, why can't you afford to just replace $1.1 billion?
  • not totally free, and you'll have a policy say in that with how much to use from the Healthcare Affordability
  • There's sort of two, maybe two things going on around federal mineral leasing.
  • years ago, is my understanding to Kind of the cash flow of how oil companies paid for their, um their leases
NM

New Mexico 2025 Regular Session

House - Judiciary Mar 19th, 2025

House Judiciary

Transcript Highlights:
  • To help ensure renters' future ability to secure safe and affordable housing, New Mexico must enact these
  • You would have to post all of the costs associated with your lease so that it's clear to the tenant as
  • Also, good protection for you as a landlord so that you know the person can actually afford all of the
  • costs associated with the lease, to make that clear upfront.
  • don't really understand about travel insurance generally, and maybe it's that it's so much more affordable
KY
Transcript Highlights:
  • </c> confident an agreement with the lease confident an agreement with the lease portion<00:03:37.440
  • </c><00:04:01.920><c> would</c> construction piece and the lease would construction piece and the lease
  • We've got two new leases requiring action and two lease modifications requiring no action.
  • The lease of and per cars 568132.
  • 22.159><c> in</c> The lease modification resulted in The lease modification resulted in square<00:26:
Summary: The committee first handled routine business, including approval of the February meeting minutes and several information items. Those items covered university equipment purchases, school district and transportation-related debt issuances, Northern Kentucky University’s planned construction-manager/general-contractor delivery method for the medical examiner/crime lab relocation project, a lease-space advertisement, postsecondary asset preservation allocations, and lease-law compliance reports. Members then discussed the Northern Kentucky crime lab project in more detail; staff explained that the memorandum of agreement would cover the construction portion while the lease would cover operations, and members were told the project should move forward without procurement problems. The committee approved a Kentucky Community and Technical College System project to modify the fire academy maintenance building after the related dormitory project was set aside because of major cost overruns. KCTCS said the dormitory would be about $3 million over budget, so it would not be bid; instead, the maintenance building would be expanded to add showers and restroom/locker facilities, bringing that project from $2 million to about $3.2 million. The committee also approved a Transportation Cabinet project for the Hardin County I-65 southbound commercial motor vehicle station relocation, with members asking about the estimate, the lack of a direct prior example, and the fact that the loadometer equipment itself would be purchased separately and was not included in the construction estimate. Finance and Administration Cabinet lease items were then considered. The committee approved a Department of Public Advocacy lease in Christian County and a Transportation Cabinet vehicle regulation lease in Kenton County, both negotiated down from initial asking prices and both including utilities. Two lease modifications were reported without action: a Department of Revenue fit-up in Jefferson County and an expanded vehicle regulation lease in Adair County. Members also approved a package of Kentucky Infrastructure Authority items, including four loans and six Cleaner Water Program grant reallocations, covering sewer and water projects such as MSD’s Patty’s Run flood pumping station, Paducah-McCracken County’s wastewater treatment plant, Mount Washington’s lift station replacement, and Eminence’s wastewater plant expansion. Finally, the committee heard a batch of Kentucky Product Development Initiative economic development grants and approved the action items in one vote. The projects included due diligence and infrastructure work for industrial and site-development projects in multiple counties, with local match requirements and KEDFA approvals described for each. The committee also received three line-item water grants from House Bill 1 that required no action, and the meeting ended after the grant presentations and approvals.
NY

New York 2025-2026 Regular Session

Senate Standing Committee on Housing, Construction and Community Development - 04/20/2026

Housing, Construction, and Community Development

Transcript Highlights:
  • prohibiting landlords from including incorrect information relating to rent decontrol in certain leases
  • thereof, and requiring the standardization of certain notices pertaining to units subject to the Affordable
Keywords: 993, senate, all
Summary: The Housing, Construction and Community Development Committee met in Albany and considered a series of housing and homeownership bills. Early actions included reporting S.852 (Homebuyer Renovation Property Tax Exemption Act) to Finance, S.955 on smart access systems to Internet and Technology, and S.7933A on registrations of residential mortgages in default. The committee also advanced S.8675, the CAREforce First-Time Homebuyers Act, after a lengthy discussion about whether the bill inappropriately targets a specific workforce; supporters said it addresses a documented shortage of human services workers and includes existing SONYMA income eligibility, while opponents raised concerns about favoring one occupation over others. The bill was reported with some members in the negative and others voting to advance without recommendation. Members then reported S.9650, which would prohibit landlords from including incorrect rent decontrol information in certain leases and standardize notices for Affordable New York Housing Program units, and S.9679, which would codify the Block-by-Block Home Ownership Program in state law. Both had prior Senate history and drew some negative or AWR votes. The committee also discussed and advanced S.9742, which would allow residential units in multiple dwellings to omit openable windows if they meet ASHRAE ventilation standards; supporters said the change is needed to facilitate office-to-residential conversions, while members raised questions about maintenance, egress, and the bill’s limited application to localities under the multiple dwelling law. Finally, the committee reported S.989, establishing the vacant rental improvement program, after noting it had previously passed the Senate and was being reintroduced. Throughout the meeting, several bills were described as reintroductions or prior Senate measures, and multiple motions were made to report bills either to Finance, the floor, or another committee, with several members voting in the negative or to advance without recommendation on selected measures.
TX

Texas 89th 2nd C.S.

Delivery of Government Efficiency May 7th, 2025

Delivery of Government Efficiency

Transcript Highlights:
  • NASA's headquarters in their building, their lease is going to expire in 2028.
  • We showed that you're registered as Steve Kinnard on behalf of AI Innovation Association and you afford
WA

Washington 2025-2026 Regular Session

House Finance Jan 15th, 2026

Transcript Highlights:
  • They want to build affordable housing.
  • housing to 80% affordable housing, and we are ready to work Housing at 80% affordable housing, and we
  • By way of background, those constructing affordable housing or mixed-use affordable housing generally
  • Qualifying projects are defined as an affordable housing or mixed-use affordable housing development,
  • We also have a ground lease model to sustain affordable housing in our community.
Summary: House Finance heard testimony on two affordable housing bills. House Bill 1859 would expand an existing density bonus for housing on religious organization property by lowering the affordability threshold from 100% to at least 50% affordable units, requiring local policies to implement the bonus upon request, and creating a new state and local sales and use tax exemption for qualifying projects with at least 50% affordable units maintained for 10 years. The sponsor and supporters said the bill would help projects on church-owned land pencil out amid high construction and financing costs, while a county association raised concern that the bill would create an unfunded mandate for local planning departments. Several witnesses also asked that homeownership projects be explicitly included, and staff confirmed the exemption would be administered through an exemption certificate. The committee then moved to House Bill 1717, which would authorize cities and counties to create a local sales and use tax remittance program for affordable housing developments. Staff said the remittance would cover 100% of local taxes paid after project completion, with a 50% affordable housing threshold and 40-year affordability requirement, and the sponsor and local government and housing advocates supported it as a flexible tool to reduce development costs. Testifiers generally backed both bills, with some asking for more flexibility on income targeting and clarification on county-city interactions under HB 1717. No votes were taken; both public hearings were closed and the committee adjourned after a separate work session on the Working Families Tax Credit, where advocates urged broader eligibility, higher benefit amounts, and easier access, and a California researcher described data-linking methods used to improve tax credit take-up.