Establishes funds for homeownership, community stability, and rental opportunities, increases sales tax, and creates councils to advise on fund.

The bill establishes the homeownership opportunity fund, community and household stability fund, and rental opportunity fund. It increases the sales and use tax rate by three-eighths of one percent. The bill creates councils to advise on fund expenditures, including the Homeownership Opportunity Council, Community and Household Stability Council, and Rental Opportunity Council. The councils must submit reports to the legislature and recommend appropriations. The funds aim to support affordable housing, prevent homelessness, and improve home conditions.

Establishes funds for homeownership, community stability, and rental opportunities, increases sales tax, and creates councils to advise on fund.

The bill establishes the homeownership opportunity fund, community and household stability fund, and rental opportunity fund. It increases the sales and use tax rate by three-eighths of one percent. The bill creates councils to advise on fund expenditures, including the Homeownership Opportunity Council, Community and Household Stability Council, and Rental Opportunity Council. The councils must submit reports to the legislature and recommend appropriations. The funds aim to support affordable housing, prevent homelessness, and improve home conditions.