Establishes a home repair program and fund to assist homeowners and landlords with home repairs.
The bill enacts the "home repair act" to establish a home repair program and home repair fund. The program provides grants up to $50,000 per unit to homeowners with incomes below 80% of the area median income, prioritizing rural areas, persons with disabilities, and families with children under 5. The program also provides loans up to $50,000 per unit to small landlords renting affordable units, prioritizing rural landlords. The home repair fund is established to provide moneys for the program.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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