SB 1229: RELATING TO THE DWELLING UNIT REVOLVING FUND.

Session Year: 2025-2026
House: Senate

Current Status:

In Progress

(2025-04-25: Received notice of change in Senate conferees (Sen. Com. No. 880).)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent. Allows partial or full repayment of Dwelling Unit Revolving Fund interim loans in the form of unit equity through the Dwelling Unit Revolving Fund Equity Program. Gives preference to projects developed under governmental assistance programs pursuant to section 201H-36(a)(2).

Discussed in Hearing