2017 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Meek|
|Regular Sponsors:||Representative Heard, Hernandez, Kennemer, Keny-Guyer|
|Bill Title:||Relating to providing financial assistance to first-time home buyers from low income households; declaring an emergency.|
Directs Housing and Community Services Department to provide funds to assist first-time home buyers from low income households through programs administered by department and grants to eligible nonprofit organizations, housing authorities and local governments.
Specifies grant requirements. Establishes Home Ownership Down Payment Assistance Fund and continuously appropriates moneys in fund to department. Appropriates moneys to department to make grants to eligible nonprofit organizations, housing authorities and local governments. Becomes operative January 1, 2018. Declares emergency, effective July 1, 2017.
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||Has Minimal Revenue Impact|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||Joint Committee On Ways and Means|