HB 2644 – Affordable Housing Tax Credit
- Reinstates a state affordable housing tax credit that previously expired.
- Intended to incentivize developers to build or rehabilitate affordable housing.
- Mechanism: tax relief to offset development costs.
HB 2711 – Housing Trust Fund Expansion
- Increases state investment in the Arizona Housing Trust Fund.
- Funds are typically used for affordable housing projects, gap financing, and assistance programs.
- Direct public funding approach rather than regulatory reform.
HB 2710 – Limits on Evictions
- Narrows the legally permitted reasons a landlord can evict a tenant.
- Reduces owner discretion in terminating tenancies.
- Increases regulatory constraints on rental property operations.
Housing Acceleration Fund (Governor Proposal)
- Creates a new state fund aimed at speeding up housing development.
- Goal is to reduce bottlenecks that slow housing production.
- Details are still conceptual, but focus is supply-side acceleration.
HB 2383 – School Land for Housing
- Allows school districts to lease unused or underutilized land for housing development.
- Converts public land assets into potential housing supply.
- Could support workforce or mixed-income housing near schools.
HB 2588 – HOA Mandate Prohibition
- Prohibits cities from requiring new developments to form homeowners associations.
- Reduces ongoing ownership costs tied to mandatory HOAs.
- Increases flexibility for developers and future homeowners.
HB 2926 – Workforce Housing Tax Relief & Permitting Reform
- Reduces tax burden on workforce housing developments.
- Streamlines permitting and approval processes.
- Explicitly targets time delays and regulatory friction that increase build costs.
HB 2429 & HB 2430 – Short-Term Rental Regulation
- Expands municipal authority over short-term rental rules.
- Shifts control away from uniform statewide standards.
- Increases local regulatory variability for STR owners.