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Committee sends HB 1075 to the floor to broaden financing flexibility for affordable housing authorities
2133100 · January 20, 2025
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Summary
House Bill 1075 cleared the Housing Committee by voice vote. The measure modifies financing rules for public housing authorities so the low‑income portion of developments is targeted to households at or below 80% of area median income rather than a 15% rent cap.
The House Housing Committee unanimously or by voice vote advanced House Bill 1075 on Jan. 20. Committee staff summarized the bill as modifying public housing authorities’ financing rules for certain affordable developments: the bill removes a requirement that…
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