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Committee advances plan to retool Home Buyers Revitalization Fund for affordable housing construction
2853784 · April 2, 2025
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Summary
Lawmakers advanced House Bill 9 30 to the Finance committee after the sponsor described plans to reopen a long‑dormant loan fund with about $3.1 million to support low‑ and moderate‑income homeownership and a new loan product for builders producing affordable housing.
The committee voted to send House Bill 9 30 to Finance on a 21‑1‑1 vote after sponsor Chairman White said the bill revives a 1986 Home Buyers Revitalization Fund with roughly $3,100,000 in principal and would allow new loan products to support builders producing affordable housing.
Chairman White told…
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