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Committee adopts amendment to allow LIFT funds to acquire multifamily housing for conversion to affordability
2827195 · March 31, 2025
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Summary
The Senate Committee on Housing and Development on March 31 adopted the dash-5 amendment to Senate Bill 50 and advanced the bill to the Senate floor with a due-pass recommendation and referral to the Joint Committee on Ways and Means.
The Senate Committee on Housing and Development on March 31 adopted the dash-5 amendment to Senate Bill 50 and advanced the bill to the Senate floor with a due-pass recommendation and referral to the Joint Committee on Ways and Means.
Under the amendment and the discussion recorded in the work session, up to $60,000,000 of monies in the LIFT…
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