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Senate reviews expansion of 'Housing Champions' program to add loans for businesses in participating towns

2651066 · February 13, 2025
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Summary

Senate Bill 279 would replenish and expand the Housing Champions program, authorizing low‑interest Business Finance Authority loans for businesses in designated municipalities and increasing funding for municipal infrastructure grants tied to housing goals.

Sen. Rebecca Perkins Quoca, sponsor of Senate Bill 279, told the Commerce Committee the Housing Champions program has been oversubscribed and that supplemental funding and new incentives would help towns that adopt pro‑housing measures. "I'm here today to ask for two things with this bill: replenishment of funds so that housing champions can continue to be the successful program it has become, and an expansion of the benefits…

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