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Committee backs Senate Bill 684 B to create mixed-income housing lending program
Capital Construction Committee of Ways and Means
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Summary
Senate Bill 684 B, with dash B7 and B8 amendments, directs Housing and Community Services to design a mixed-income revolving loan fund and report on rulemaking and funding options, and the subcommittee moved the amended bill to the full committee with a due-pass recommendation.
The Capital Construction subcommittee adopted dash B7 and B8 amendments to Senate Bill 684 and voted to send the amended bill to the full Ways and Means committee.
A presenter summarized that SB 684, as amended, would require the Housing and Community Services Department to study and develop a…
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