Khanh Pham
- Democratic
- Senator
- District 23
Primary
] Directs the Housing and Community Services Department to establish a program to issue low-interest short-term loans for the construction of mixed income [public developments.] housing. Amends the definition of "residential housing" to include certain mixed income housing. Requires the department to adopt rules for long-term financing of residential housing on or before January 1, 2027. Requires the department to report on updates to the interim committees of the Legislative Assembly related to housing by September 15, 2026. Establishes the Mixed Income Public Development Loan Fund to be continually appropriated to the department for those purposes. Reduces limitations on the mixed income housing that housing authorities may finance, develop, own, operate or manage.
Referred to Finance and Revenue by order of the President, then Ways and Means by prior reference.
Recommendation: Do pass with amendments and requesting referral to Finance and Revenue and then Ways and Means by prior reference. (Printed A-Eng.)
Work Session held.
Public Hearing held.
Referred to Housing and Development, then Ways and Means.
Introduction and first reading. Referred to President's desk.
| Bill Text Versions | Format |
|---|---|
| A-Engrossed | |
| Introduced | |
| Senate Amendments to Introduced | |
| SHDEV Amendment -4 |
| Document | Format |
|---|---|
| No related documents. |
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