Rykkburgh Affordable Housing Redevelopment Act (675)
From The Kodiak Republic Wiki
A Bill to Reclaim the Rykkburgh National Swamp Lands Wildlife Refuge for Redevelopment as an Affordable Housing Community
Article 1: Purpose
To address the housing crisis in the Republic of Kodiak by reclaiming and redeveloping the Rykkburgh National Swamp Lands Wildlife Refuge into affordable housing for Kodiakers.
Article 2: Definitions
- Rykkburgh National Swamp Lands Wildlife Refuge: A protected wetland area located in the Rykkburgh region.
- Affordable Housing: Residential housing units made available for purchase or rent at rates no greater than 30% of household income for low-to-middle-income Kodiakers.
- Reclamation: The process of draining, clearing, and preparing wetland areas for development purposes.
- Development Authority: The government entity responsible for overseeing reclamation and housing development under this Act.
Article 3: Reclamation of the Rykkburgh National Swamp Lands
- The Rykkburgh National Swamp Lands Wildlife Refuge shall be de-designated as protected land.
- The Kodiak Development Authority is hereby authorized to:
- Drain and reclaim the wetland areas.
- Undertake environmental assessments to mitigate any risks posed by reclamation.
- Reclamation shall commence no later then 1 year after passage, and shall be completed within 18 months of commencement.
Article 4: Development of Affordable Housing
- Upon reclamation, the reclaimed lands shall be designated for residential use only.
- The Development Authority shall oversee the construction of the Rykkburgh Affordable Housing Community, with a focus on:
- Construction of 10,000 residential units.
- Allocation of at least 70% of units for low-income families.
- Allocation of 30% of units for middle-income families.
- Units must be priced to ensure affordability:
- Rent or mortgage payments must not exceed 30% of monthly household income.
Article 5: Funding
- The project shall be funded through:
- A 10 million Florin allocation from the national budget.
- Public-private partnerships with developers and construction firms.
- Affordable housing grants from the National Housing Fund.
- Proceeds from the sale or lease of units will be reinvested into future affordable housing projects.
Written by Malia Mackenzie Marshall (CAP)