Current through the 2024 Fourth Special Session
Section 35A-8-805 - Reporting requirements(1) As used in this section:(a) "Affordable housing" means, as determined by the department, the number of housing units within a county or municipality where a household whose income is at or below 50% of area median income is able to live in a unit without spending more than 30% of their income on housing costs.(b) "County" means the unincorporated area of a county.(c) "Low-income housing" means, as determined by the department, the number of Section 42, Internal Revenue Code, housing units within a county or municipality.(d) "Municipality" means a city or town.(2)(a) On or before October 1 of each year, the division shall provide a report to the department for inclusion in the department's annual report described in Section 35A-1-109.(b) The report shall include: (i) an estimate of how many affordable housing units and how many low-income housing units are available in each county and municipality in the state;(ii) a determination of the percentage of affordable housing available in each county and municipality in the state as compared to the statewide average;(iii) a determination of the percentage of low-income housing available in each county and municipality in the state as compared to the statewide average; and(iv) a description of how information in the report was calculated.Amended by Chapter 438, 2024 General Session ,§ 83, eff. 5/1/2024.Added by Chapter 251, 2018 General Session ,§ 5, eff. 5/8/2018.