Utah SB0277 amends the Utah Homes Investment Program, allowing for flexible deposit return periods and removing loan rate limitations.
Utah SB0277 amends the Utah Homes Investment Program by allowing the state treasurer to return deposits earlier without penalty and removing the cap on loan rates for developers and cities. The bill also mandates a study on the program's economic impact after its conclusion and permits the state treasurer to contract with third parties for this study. Additionally, it makes technical and conforming changes to the program.
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