Revises statutory provisions on eligible housing and income thresholds, authorizes transfer of surplus state-owned property to the New Hampshire housing finance authority for housing development, establishes procedures for property disposition and affordability restrictions, and requires rulemaking governing occupancy, resale, and mixed-income housing standards.
relative to zoning conformity and redevelopment standards.
Section 2&3 introduce a new concept of "no consideration" for DOT transferring property to authority. This concept depletes the value of DOT holdings and artificially pads housing authority endowment. Please amend bill to eliminate "no consideration".
Position recorded without written comment.