HB 807: RELATING TO CONDOMINIUMS.
- Session Year: 2025-2026
- House: House
Current Status:
In Progress
(2025-04-01: The committee on WAM deferred the measure.)
Introduced
First Committee Review
First Chamber
Second Committee Review
Second Chamber
Final Decking
Enacted
Version:
Establishes the Condominium Loan Program to provide condominium associations with low-cost financing, or refinance previously obtained loans, for maintenance or repair projects. Establishes the Condominium Loan Loss Reserves Program to incentivize lenders into providing loans at competitive rates and terms to condominium associations for the purpose of allowing condominium associations to make necessary maintenance or repairs. Appropriates funds.
Discussed in Hearing
1MINFeb 21, 2025
House Standing Committee on Finance
5MINFeb 5, 2025