Relating to affordable rental housing assistance.
Summary
Directs Housing and Community Services Department to develop and implement Retaining Affordable Rental Housing Program to provide financial assistance to owners of multifamily rental housing to rehabilitate and maintain housing at affordable rental rates. Directs department to make forgivable loans to landowners of eligible multifamily rental housing, not to exceed $10,000, to be used for specified improvements. Authorizes department to forgive 10 percent of loan for each year landowner rents units for affordable rental rate. Specifies eligibility requirements. Establishes Retaining Affordable Rental Housing Program Fund and continuously appropriates moneys to department for purposes of program.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017
Last action Jul 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
9
Key actions
2
Committee
4
Jul 7, 2017
Legislature · Passed
In committee upon adjournment.
legislature
Apr 14, 2017
Committee
Referred to Ways and Means by prior reference.
legislature
Apr 14, 2017
Legislature · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.
legislature
Jan 18, 2017
Committee
Referred to Human Services and Housing with subsequent referral to Ways and Means.
legislature
Jan 9, 2017
Introduced
First reading. Referred to Speaker's desk.
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
A. Richard Vial
RRepublican
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