AB859: Bill Text

AB859,4,23 4. Increase by at least 10 percent the allowable zoning density for developments that include workforce housing units.

AB859,4,25 5. Establish a mixed-use tax incremental financing district with at least 20 percent of the housing units to be used for workforce housing.

AB859,5,2 6. Demonstrate compliance with a housing affordability report under s. 66.10013.

AB859,5,4 7. Rehabilitate at least 5 dwelling units of existing, uninhabitable housing stock into habitable workforce housing.

AB859,5,7 8. Modify existing zoning ordinances to allow for the development of workforce housing in areas zoned for commercial or mixed-use development, or in areas near employment centers or major transit corridors.

AB859,5,8 9. Extend the life of a tax incremental district under s. 66.1105 (6) (g) 1.

AB859,5,10 10. Reduce by at least 10 percent the cost of roads for developments that include workforce housing units.

AB859,5,12 11. Implement any other initiative to address the workforce housing needs of the political subdivision.

AB859,5,17 (b) After a political subdivision completes one of the actions specified in par. (a), the initiative shall be considered in effect once the political subdivision submits to the department of administration a written explanation of how the action complies with the workforce housing initiative and posts the explanation on the political subdivision's Internet site.

AB859,5,24 (c) Once a political subdivision's action takes effect under par. (b), its workforce housing initiative remains in effect for 5 years. A political subdivision may put into effect more than one of the workforce housing initiatives under par. (a). After June 30, 2021, if a political subdivision has in effect at the same time at least 3 of the workforce housing initiatives under par. (a), a housing agency shall give priority to housing grant applications from, or that relate to a project in, the political subdivision.

AB859,3 Section 3. 66.1105 (2) (ab) of the statutes is renumbered 66.1105 (2) (n) (intro.) and amended to read:

AB859,6,8 66.1105 (2) (n) (intro.) “Affordable Workforce housing" means housing that costs a household no more than 30 percent of the household's gross monthly income. to which all of the following apply, as adjusted for family size and the county in which the household is located, based on the county's 5-year average median income and housing costs as calculated by the U.S. bureau of the census in its American community survey:

AB859,4 Section 4 . 66.1105 (2) (cm) of the statutes is renumbered 66.1105 (2) (cm) (intro.) and amended to read:

AB859,6,14 66.1105 (2) (cm) (intro.) “Mixed-use development" means development that contains a combination of industrial, commercial, or residential uses, except that lands proposed for newly platted residential use, as shown in the project plan, may not exceed 35 either of the following:

AB859,6,15 1. Thirty-five percent, by area, of the real property within the district.

AB859,5 Section 5 . 66.1105 (2) (cm) 2. of the statutes is created to read:

AB859,6,19 66.1105 (2) (cm) 2. Sixty percent, by area, of the real property within the district, if the newly platted residential use that exceeds 35 percent is used solely for workforce housing.

AB859,6 Section 6 . 66.1105 (2) (n) 1. of the statutes is created to read:

AB859,6,22 66.1105 (2) (n) 1. The housing costs a household no more than 30 percent of the household's gross median income.

AB859,7 Section 7 . 66.1105 (2) (n) 2. of the statutes is created to read:

AB859,7,3 66.1105 (2) (n) 2. The residential units are for initial occupancy by individuals whose household median income is no more than 120 percent of the county's gross median income.

AB859,8 Section 8 . 66.1105 (4) (f) of the statutes is amended to read:

AB859,7,25 66.1105 (4) (f) Adoption by the planning commission of a project plan for each tax incremental district and submission of the plan to the local legislative body. The plan shall include a statement listing the kind, number and location of all proposed public works or improvements within the district or, to the extent provided in sub. (2) (f) 1. k. and 1. n., outside the district, an economic feasibility study, a detailed list of estimated project costs, and a description of the methods of financing all estimated project costs and the time when the related costs or monetary obligations are to be incurred. The project plan shall also contain alternative projections of the district's finances and economic feasibility under different economic scenarios, including the scenario in which work on a public work or improvement specified in the project plan begins 3 years later than expected and the scenario in which the rate of property value growth in the district is at least 10 percent lower than expected. The plan shall also include a map showing existing uses and conditions of real property in the district; a map showing proposed improvements and uses in the district; proposed changes of zoning ordinances, master plan, if any, map, building codes and city ordinances; a list of estimated nonproject costs; and a statement of the proposed method for the relocation of any persons to be displaced. The plan shall indicate how creation of the tax incremental district promotes the orderly development of the city. The city shall include in the plan an opinion of the city attorney or of an attorney retained by the city advising whether the plan is complete and complies with this section.

AB859,9 Section 9. 66.1105 (4m) (b) 2. of the statutes is amended to read:

AB859,8,19 66.1105 (4m) (b) 2. No tax incremental district may be created and no project plan may be amended unless the board approves the resolution adopted under sub. (4) (gm) or (h) 1., and no tax incremental base may be redetermined under sub. (5) (h) unless the board approves the resolution adopted under sub. (5) (h) 1., by a majority vote within 45 days after receiving the resolution. For actions described under this subdivision, a majority vote is required, and, except for a multijurisdictional tax incremental district, 3 affirmative votes are required to constitute a majority. With regard to a multijurisdictional tax incremental district created under this section, each public member of a participating city must be part of the majority that votes for approval of the resolution or the district may not be created. The board may not approve the resolution under this subdivision unless the board's approval contains a positive assertion that, in its judgment, the development described in the documents the board has reviewed under subd. 1. would not occur without the creation of a tax incremental district. The board may not approve the resolution under this subdivision unless the board finds that, with regard to a tax incremental district that is proposed to be created by a city under sub. (17) (a), such a district would be the only existing district created under that subsection by that city.

AB859,10 Section 10 . 66.1105 (6) (g) 1. (intro.) of the statutes is amended to read:

AB859,8,25 66.1105 (6) (g) 1. (intro.) After the date on which a tax incremental district created by a city pays off the aggregate of all of its project costs, and notwithstanding the time at which such a district would otherwise be required to terminate under sub. (7), a city may extend the life of the district for one year 3 years if the city does all of the following:

AB859,11 Section 11. 66.1105 (6) (g) 1. a. of the statutes is amended to read:

AB859,9,5 66.1105 (6) (g) 1. a. The city adopts a resolution extending the life of the district for a specified number of months. The resolution shall specify how the city intends to improve its increase the number of affordable and workforce housing stock units, as required in subd. 3.

AB859,12 Section 12 . 66.1105 (6) (g) 3. of the statutes is amended to read:

AB859,9,11 66.1105 (6) (g) 3. If a city receives tax increments as described in subd. 2., the city shall use at least 75 percent of the increments received to benefit affordable housing in the city. The remaining portion of the increments shall be used by the city to improve the city's increase the number of the city's affordable and workforce housing stock units.

AB859,9,12 (End)