Relating to a grant program to support accelerated mortgages for first-time home buyers; declaring an emergency.
Summary
Directs the Housing and Community Services Department to give a grant to an organization to support first-time home buyers that purchase residential property to build equity ownership in the residential property through reduced interest rate loans and accelerated loan terms. Specifies qualifications for loan recipients. Declares an emergency, effective July 1, 2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025
Last action Jun 28, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
4
Jun 28, 2025
Lower · Passed
In committee upon adjournment.
lower
Mar 24, 2025
Committee
Referred to Ways and Means by prior reference.
lower
Mar 24, 2025
Lower · Passed
Recommendation: Do pass and be referred to Ways and Means by prior reference.
lower
Jan 17, 2025
Committee
Referred to Housing and Homelessness with subsequent referral to Ways and Means.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
1 primary · 4 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Nancy Nathanson
DDemocratic
Co
Hoa Nguyen
DDemocratic
Co
Kathleen Taylor
DDemocratic
Co
Mark Gamba
DDemocratic
Co
Zach Hudson
DDemocratic
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