Residential development in certain areas; affordable housing.

Residential development in certain areas; affordable housing. Provides that any type of residential use that is permitted in a locality shall be considered a conforming residential use on any parcel other than parcels zoned for (i) agriculture, (ii) conservation, or (iii) a different residential use. The bill states that no local ordinance shall require that a special exception, special use, or conditional use permit be obtained for a conforming residential use and that rights under existing zoning shall be considered vested pursuant to existing vesting provisions. The bill further provides that any residential development pursuant to the authority granted in the bill shall dedicate a minimum of 10 percent of the total number of housing units to housing affordable to households making at or below 120 percent of the area median income.