Relating to mixed income housing; and prescribing an effective date.
Passed on 4/6/26
Summary
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From the Legislature
This Act lets OHCS make loans for mixed income housing projects. (Flesch Readability Score: 87.9). Authorizes the Housing and Community Services Department to fund mixed income housing. Requires the department to develop a mixed income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes. Transfers moneys to the fund from the Housing Project Revolving Loan Fund. Requires the department to adopt initial program rules by January 1, 2027. Takes effect on the 91st day following adjournment sine die.
Sponsors
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27
2
RR
Democratic CaucusRepublican Caucus
Roll Call Votes
47 Yea
RDDRRDDRRDDRDDDRDDDDRRDDDRDDRDDDDRDDDDDDDDDRRDD4 Nay
RRRR9 Absent
DDRDRRRDRCalendar
Feb 3
3:00 PM
Senate Housing and Development Public Hearing
Feb 5
3:00 PM
Senate Housing and Development Work Session
Feb 24
3:00 PM
Joint Ways and Means Subcommittee On Transportation and Economic Development Work Session
Feb 25
9:00 AM
Joint Ways and Means Work Session