HB 6394 Summary

• Increases planning grant funding for transit-oriented development projects from 50% to 100% of estimated planning costs if the commissioner determines substantial likelihood of project consummation.

• Maintains existing 50% planning grant cap for general development projects, but allows 100% grants for distressed municipalities and transit-oriented development projects.

• Allows municipal share of planning costs to be paid through noncash contributions, with value determined by the commissioner.

• Adds transit-oriented development areas as a consideration for delineating priority funding area boundaries in the state plan of conservation and development.

• Effective date: October 1, 2023.