AN ACT relating to housing development districts.
Create a new section of KRS Chapter 65 to define terms; permit a local government to establish a housing development district by following specified procedure; allow a local government to exempt housing developments within the district from planning and zoning following a public hearing; permit other local taxing authorities to participate in the district; allow a local government to accept applications from developers to construct residential homes within the district; allow a local government to…
Introduced: February 18, 2025
Last action: February 21, 2025
Plain-language summary
This bill would allow local governments in Kentucky to create special "housing development districts" where developers can receive financial incentives to build new homes. Within these districts, local governments could exempt housing projects from standard planning and zoning rules after holding a public hearing. The goal is to encourage more residential construction by making it easier and more financially attractive for developers to build. Who it may affect: local governments, residential developers, and community members in areas where new housing districts may be established.
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