SB 2069: HHFDC; DWELLING UNIT REVOLVING FUND EQUITY PROGRAM; COMPUTATION OF INTEREST; DWELLING UNIT REVOLVING FUND; AFFORDABLE HOUSING REVOLVING FUND
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-03-24
Current Status:
In Progress
(2026-04-28: Conference Committee Meeting will reconvene on Wednesday 04-29-26 10:00AM in conference room 224.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
Makes the Dwelling Unit Revolving Fund Equity Pilot Program permanent, with modifications that include changing the method for computation of interest for purchasers of certain real property. Expands the use of proceeds in the Dwelling Unit Revolving Fund to include purchasing equity in for-sale housing development projects and interim primary or secondary financing. Exempts disbursements from the Affordable Housing Revolving Fund from appropriation and allotment requirements. Effective 7/1/3000. (HD1)