News - Local
Affordable housing bill faces opposition
Posted: Mar 29, 2010 6:24 AM by Associated Press
A bill that aims to protect affordable housing plans is running into opposition at the state Capitol.
It clarifies that deals between governments and developers to set aside land for affordable housing are legal. It calls for such deals to remain in place even if the property is sold.
Developers and landlords though are worried that cities and counties could force developers to include affordable units in order to win permission for their projects.
Democratic state Sen. Betty Boyd of Lakewood says she's working on changes to clarify that it would only apply to voluntary agreements to create affordable housing.
The measure could be debated in the full Senate this week.
It's backed by cities and counties and was recommended by a task force on reducing poverty.
As Seen On News 5
