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House approves amendment letting housing trust fund cover loan-processing fees
1993 Utah Legislature - House Floor · February 11, 1993
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Summary
Lawmakers voted to let the state Housing Trust Fund pay reasonable loan-processing fees tied to federal HOME program dollars; sponsor said the fund’s growth makes charging fees appropriate and cited a fiscal-note discrepancy.
The House approved House Bill 122 to permit the state Housing Trust Fund to cover reasonable loan-processing fees, shifting those administrative costs from the general fund to the trust. Representative Kim R. Birmingham, sponsor, said the fund has grown substantially due to…
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