Bill Summary: SB01141 - Transit-Oriented Development

• Requires municipalities to allow housing developments with a minimum density of 15 dwelling units per acre as of right (without special permits or variances) within one-half mile of passenger rail, commuter rail, or bus rapid transit stations, effective October 1, 2023.

• Limits parking requirements to one space per studio/one-bedroom unit and two spaces per unit with two or more bedrooms for qualifying transit-oriented developments.

• Mandates that developments with six or more units set aside at least 10 percent of dwelling units as assisted or affordable housing, with potential incentives for developers exceeding this requirement.

• Exempts certain lands from density requirements including roadways, wetlands, steep slopes, floodplains, protected coastal areas, and areas lacking water and sewer infrastructure.

• Requires municipal zoning decisions on qualifying applications within 65 days; noncompliant municipalities must approve or deny applications per this act's requirements until new compliant regulations are adopted by October 1, 2024.