(at the request of Senate Interim Committee on Human Services)
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Bill Title:
Relating to supporting homeownership for low income individuals; declaring an emergency.
Catchline/Summary:
Authorizes Housing and Community Services Department to provide grants to eligible entities for providing financial assistance to persons in low income households for repair and rehabilitation of residences. Authorizes Housing and Community Services Department to provide grants to eligible entities for providing financial assistance to persons in low income households for repair and rehabilitation of residences.
Requires community action agencies that receive moneys from department to provide loans, grants or other financial assistance to income-eligible households to report to department no later than August 15, 2022. Requires department to report on grants to interim committee of Legislative Assembly no later than September 15, 2022.
Appropriates moneys from General Fund to department for grants and distribution of moneys to community action agencies.
Sunsets on January 2, 2023.
Declares emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 276 Senate Committee On Housing and Development
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