Plain English Breakdown
Checked against official source text during the last sync.
Residential Land Development Fee Transparency Act
This act requires localities with more than 3,500 residents to report housing development fees and data to the Department of Housing and Community Development, which must make this information publicly available in an annual database.
What This Bill Does
- Requires local governments with populations over 3,500 to submit yearly reports about housing development fees and numbers to the Department of Housing and Community Development by March 1st.
- The report includes details such as total fee revenue collected for residential land development activities, number of applications submitted and approved, and information on income-restricted units.
- Localities must also provide data on existing residential developments with long-term use restrictions based on income.
- The Department of Housing and Community Development is required to make this information publicly available in a centralized, machine-readable, screen reader compatible database that is updated annually.
Who It Names or Affects
- Local governments with populations over 3,500
- Home builders and developers
- People looking for affordable housing
Terms To Know
- machine-readable database
- A type of database that can be easily read by computers and other digital devices.
- screen reader compatible
- Information that can be accessed using software designed to help people with visual impairments navigate the internet or databases.
Limits and Unknowns
- The bill does not specify what happens if a locality fails to submit the required report.
- It is unclear how the data will be used by the public and other stakeholders.
- There are no details on penalties for non-compliance with reporting requirements.