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2017 Regular Session
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Overview
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.
Catchline/Summary: 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.
Chapter Number:
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
Current Subcommittee:
Subsequent Referral(s):
Measure History
Scheduled Events