Arizona housing reform push would curb HOA, design mandates
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Arizona housing reform push would curb HOA, design mandates
"Lawmakers are close to passing a measure that would strip municipalities of much of their authority over new-home aesthetics and would end shared-amenity requirements that can force builders to create homeowners associations (HOAs)."
"Arizona housing advocates and lawmakers have sought to address years of underbuilding as population growth accelerated. Home prices and rents climbed quickly."
"A bipartisan group of sponsors behind Senate Bill 1431 says the bill would help lower costs and speed up construction. The bill would bar municipalities from requiring developers to form an HOA as a condition of approval."
Arizona lawmakers are pushing two bills aimed at reducing local control over housing design standards and contractor licensing to alleviate the housing shortage. One bill would limit municipalities' authority over new-home aesthetics and eliminate requirements for homeowners associations (HOAs). The second bill would restrict local authority on contractor licensing. These measures are part of a broader effort to address the state's housing crisis, which has seen home prices and rents rise significantly amid population growth and underbuilding.
Read at www.housingwire.com
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