HB 06633 Summary

• Secretary of Office of Policy and Management must establish by July 1, 2024 a methodology to determine each municipality's fair share allocation for affordable housing based on regional need, considering fair housing duties and municipality wealth, poverty rates, and multifamily housing availability.

• Each municipality must adopt a fair share plan by July 1, 2025 with updated zoning to achieve its allocation goal, requiring at least 50% of units affordable to very low-income households, 13% affordable to extremely low-income households, 25% rental units, and 50% age-unrestricted units with 2+ bedrooms.

• Municipalities must meet completion schedules: 5% by year three, 30% by year five, 60% by year seven, and 100% by year ten, with annual reporting to Commissioner of Housing beginning July 1, 2026.

• Municipalities failing to submit a plan or meet goals become subject to default zoning allowing multifamily housing as of right with affordability requirements (20% of units for low-income households or 10% for very low-income households, deed-restricted for 40 or 20 years respectively).

• Interested parties may bring court actions to compel municipalities to issue compliant fair share plans or approve qualifying housing developments, unless defendant demonstrates substantial public health/safety interests that clearly outweigh affordable housing needs.