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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 rents not exceed 15% of area median income and instead specifies that the low‑income housing portion of a development must have rents affordable to households at or below 80% of area median income.

Vice Chair Hill moved the bill out of committee with a due‑pass recommendation. Committee members spoke in support, describing HB 1075 as a “cleanup bill” that gives housing authorities and affordable developers more flexibility to produce supply. Representative Mageris and other members signaled bipartisan support for the bill. The committee adopted HB 1075 by voice vote; the clerk recorded 17 ayes on the tally sheet.

No amendments were considered during the committee action recorded in the transcript. The measure will proceed to the full floor with the committee’s due‑pass recommendation.