Bill
HB 2276
Overview: HB 2276, "Increasing the supply of affordable and workforce housing", has been referred to the Rules 2 Review committee. It was introduced on January 30, 2025.Purpose and
Overview: HB 2276, "Increasing the supply of affordable and workforce housing", has been referred to the Rules 2 Review committee. It was introduced on January 30, 2025.
Purpose and Intent: The primary goal of this bill is to incentivize the development of more affordable and workforce housing units in Arizona.
Key Provisions:
- Provides tax credits and other financial incentives for developers who build affordable and workforce housing units.
- Requires a certain percentage of new housing developments to be designated as affordable or workforce housing.
- Establishes a state fund to provide grants and loans for the construction of affordable and workforce housing.
- Streamlines the permitting and zoning processes for affordable and workforce housing projects.
Affected Parties and Impacts:
- Developers of new housing projects would be eligible for tax credits and other financial incentives.
- Individuals and families in need of affordable and workforce housing would have increased access to these units.
- Local governments may need to adjust zoning and permitting processes to accommodate the new requirements.
- The state government would need to allocate funding and administer the new affordable housing programs.
Procedural and Timeline Considerations:
The bill is currently in the Rules 2 Review committee. If it passes this committee, it would then move to the full House for consideration. The legislature aims to complete the session by the end of May 2025.
Compiled from official sources — confirm details with the bill’s official record.
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