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Lee proposes $60 million revolving loan fund for starter homes, $100 million for regional water strategy and Farmland Conservation Act
Summary
Governor Bill Lee proposed a $60 million starter home revolving loan fund with 0% construction loans, a $100 million regional water supply strategy tied to Duck River preservation, and urged passage of a Farmland Conservation Act to slow loss of farmland.
Governor Bill Lee proposed a multi-pronged approach to housing, water resources and farmland preservation in his State of the State address.
On housing, Lee proposed a $60,000,000 starter home revolving loan fund that would provide 0% interest construction loans for building new single-family starter homes, and he said the budget…
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