SB 1003: Prohousing enhanced infrastructure financing districts.

The bill aims to enhance infrastructure financing districts in prohousing jurisdictions. A city or county designated as prohousing can establish a prohousing enhanced infrastructure financing district if certain requirements are met. The district can finance public capital facilities and projects with significant benefits to the district and surrounding community, including affordable housing for low-income individuals. The bill expands the definition of "prohousing local policies" to include the establishment of these districts. Prohousing jurisdictions that establish and project within these districts will receive enhanced points or preference in program applications.