HB1395 (2010) Detail

Relative to workforce housing.


CHAPTER 150

HB 1395 – FINAL VERSION

03Mar2010… 0468h

2010 SESSION

10-2008

03/01

HOUSE BILL 1395

AN ACT relative to workforce housing.

SPONSORS: Rep. Hess, Merr 9; Rep. Dokmo, Hills 6; Rep. Leishman, Hills 3

COMMITTEE: Municipal and County Government

AMENDED ANALYSIS

This bill authorizes municipalities to require workforce housing applicants to record restrictive covenants.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03Mar2010… 0468h

10-2008

03/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT relative to workforce housing.

Be it Enacted by the Senate and House of Representatives in General Court convened:

150:1 New Paragraph; Procedure. Amend RSA 674:60 by inserting after paragraph III the following new paragraph:

IV. A municipality may require that an applicant record restrictive covenants acceptable to the land use board that the workforce housing may not be rented to or sold to any household whose income is greater than that specified in RSA 674:58, IV. The covenant shall be for the term specified in the regulations of the land use board. The municipality may adopt regulations to insure compliance with the covenants, which regulations may include requirements for the monitoring of the project by the municipality or by a suitable third party agency qualified to carry out such requirements, including but not limited to requiring the production of annual income verification for renters and non-owner occupiers. The land use board may consider the existence of recorded covenants or income qualification and occupancy criteria as satisfying the purpose of this paragraph if such covenants or criteria are administered by a state or federal entity.

150:2 Effective Date. This act shall take effect upon its passage.

Approved: June 14, 2010

Effective Date: June 14, 2010