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Committee advances bill to create housing efficiency and innovation subaccount in RHRF
Summary
Senate Bill 35, which establishes a housing efficiency and innovation subaccount within the Rental Housing Revolving Fund and clarifies permissible uses and priorities, passed the Senate Committee on Housing with amendments to expand prioritization language for certain state- or county-owned projects and nonprofit developers.
The Senate Committee on Housing voted to pass Senate Bill 35 with amendments that revise permissible uses and priorities within the Rental Housing Revolving Fund (RHRF) and create a housing efficiency and innovation subaccount.
HHFDC stood on its testimony in support. During decision making the…
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