Senator Watters has filed two bill requests stemming from recommendations of the SB185 commission on state regulatory barriers to housing. One, SB387, would broaden some exemptions for developments under RSA 356-A, the Land Sales Full Disclosure Act and broaden the communities to which it applies, with the goal of lowering development costs. A second, SB393, would change RSA 204-C regarding developers return on equity, now limited to 12%. Its goal is getting property owners to re- capitalize.
This Commission continues to meet monthly, and upcoming topics include housing barriers for extremely low-income households. Updates and info can be found at a new Commission site http://www.nhhfa.org/housing-data-state-planning-commission.cfm.