SB811,5,2
16. Demonstrate compliance with a housing affordability report under s.
266.10013.
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7. Rehabilitate at least 5 dwelling units of existing, uninhabitable housing
4stock into habitable workforce housing.
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8. Modify existing zoning ordinances to allow for the development of workforce
6housing in areas zoned for commercial or mixed-use development, or in areas near
7employment centers or major transit corridors.
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9. Extend the life of a tax incremental district under s. 66.1105 (6) (g) 1.
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10. Reduce by at least 10 percent the cost of roads for developments that include
10workforce housing units.
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11. Implement any other initiative to address the workforce housing needs of
12the political subdivision.
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(b) After a political subdivision completes one of the actions specified in par. (a),
14the initiative shall be considered in effect once the political subdivision submits to
15the department of administration a written explanation of how the action complies
16with the workforce housing initiative and posts the explanation on the political
17subdivision's Internet site.
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(c) Once a political subdivision's action takes effect under par. (b), its workforce
19housing initiative remains in effect for 5 years. A political subdivision may put into
20effect more than one of the workforce housing initiatives under par. (a). After June
2130, 2021, if a political subdivision has in effect at the same time at least 3 of the
22workforce housing initiatives under par. (a), a housing agency shall give priority to
23housing grant applications from, or that relate to a project in, the political
24subdivision.
SB811,3
1Section
3. 66.1105 (2) (ab) of the statutes is renumbered 66.1105 (2) (n) (intro.)
2and amended to read:
SB811,6,83
66.1105
(2) (n) (intro.) “
Affordable Workforce housing" means housing
that
4costs a household no more than 30 percent of the household's gross monthly income. 5to which all of the following apply, as adjusted for family size and the county in which
6the household is located, based on the county's 5-year average median income and
7housing costs as calculated by the U.S. bureau of the census in its American
8community survey:
SB811,4
9Section 4
. 66.1105 (2) (cm) of the statutes is renumbered 66.1105 (2) (cm)
10(intro.) and amended to read:
SB811,6,1411
66.1105
(2) (cm) (intro.) “Mixed-use development" means development that
12contains a combination of industrial, commercial, or residential uses, except that
13lands proposed for newly platted residential use, as shown in the project plan, may
14not exceed
35 either of the following:
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151. Thirty-five percent, by area, of the real property within the district.
SB811,5
16Section 5
. 66.1105 (2) (cm) 2. of the statutes is created to read:
SB811,6,1917
66.1105
(2) (cm) 2. Sixty percent, by area, of the real property within the
18district, if the newly platted residential use that exceeds 35 percent is used solely for
19workforce housing.
SB811,6
20Section 6
. 66.1105 (2) (n) 1. of the statutes is created to read:
SB811,6,2221
66.1105
(2) (n) 1. The housing costs a household no more than 30 percent of the
22household's gross median income.
SB811,7
23Section 7
. 66.1105 (2) (n) 2. of the statutes is created to read:
SB811,7,3
166.1105
(2) (n) 2. The residential units are for initial occupancy by individuals
2whose household median income is no more than 120 percent of the county's gross
3median income.
SB811,8
4Section 8
. 66.1105 (4) (f) of the statutes is amended to read:
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66.1105
(4) (f) Adoption by the planning commission of a project plan for each
6tax incremental district and submission of the plan to the local legislative body. The
7plan shall include a statement listing the kind, number and location of all proposed
8public works or improvements within the district or, to the extent provided in sub.
9(2) (f) 1. k. and 1. n., outside the district, an economic feasibility study, a detailed list
10of estimated project costs, and a description of the methods of financing all estimated
11project costs and the time when the related costs or monetary obligations are to be
12incurred.
The project plan shall also contain alternative projections of the district's
13finances and economic feasibility under different economic scenarios, including the
14scenario in which work on a public work or improvement specified in the project plan
15begins 3 years later than expected and the scenario in which the rate of property
16value growth in the district is at least 10 percent lower than expected. The plan shall
17also include a map showing existing uses and conditions of real property in the
18district; a map showing proposed improvements and uses in the district; proposed
19changes of zoning ordinances, master plan, if any, map, building codes and city
20ordinances; a list of estimated nonproject costs; and a statement of the proposed
21method for the relocation of any persons to be displaced. The plan shall indicate how
22creation of the tax incremental district promotes the orderly development of the city.
23The city shall include in the plan an opinion of the city attorney or of an attorney
24retained by the city advising whether the plan is complete and complies with this
25section.
SB811,9
1Section
9. 66.1105 (4m) (b) 2. of the statutes is amended to read:
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66.1105
(4m) (b) 2. No tax incremental district may be created and no project
3plan may be amended unless the board approves the resolution adopted under sub.
4(4) (gm) or (h) 1., and no tax incremental base may be redetermined under sub. (5)
5(h) unless the board approves the resolution adopted under sub. (5) (h) 1., by a
6majority vote within 45 days after receiving the resolution.
For actions described
7under this subdivision, a majority vote is required, and, except for a
8multijurisdictional tax incremental district, 3 affirmative votes are required to
9constitute a majority. With regard to a multijurisdictional tax incremental district
10created under this section, each public member of a participating city must be part
11of the majority that votes for approval of the resolution or the district may not be
12created. The board may not approve the resolution under this subdivision unless the
13board's approval contains a positive assertion that, in its judgment, the development
14described in the documents the board has reviewed under subd. 1. would not occur
15without the creation of a tax incremental district. The board may not approve the
16resolution under this subdivision unless the board finds that, with regard to a tax
17incremental district that is proposed to be created by a city under sub. (17) (a), such
18a district would be the only existing district created under that subsection by that
19city.
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20Section 10
. 66.1105 (6) (g) 1. (intro.) of the statutes is amended to read:
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66.1105
(6) (g) 1. (intro.) After the date on which a tax incremental district
22created by a city pays off the aggregate of all of its project costs, and notwithstanding
23the time at which such a district would otherwise be required to terminate under sub.
24(7), a city may extend the life of the district for
one year 3 years if the city does all
25of the following:
SB811,11
1Section
11. 66.1105 (6) (g) 1. a. of the statutes is amended to read:
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66.1105
(6) (g) 1. a. The city adopts a resolution extending the life of the district
3for a specified number of months. The resolution shall specify how the city intends
4to
improve its increase the number of affordable and workforce housing
stock
units,
5as required in subd. 3.
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6Section 12
. 66.1105 (6) (g) 3. of the statutes is amended to read:
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66.1105
(6) (g) 3. If a city receives tax increments as described in subd. 2., the
8city shall use
at least 75 percent of the increments received to
benefit affordable 9housing in the city. The remaining portion of the increments shall be used by the city
10to improve the city's increase the number of the city's affordable and workforce 11housing
stock units.