Relating to affordable housing; and declaring an emergency.
About This Bill
Latest Action · Apr 13, 2026
Chapter 107, (2026 Laws): Effective date April 7, 2026.
Session
2026R1
Introduced
Feb 2, 2026
Summary
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Establishes the Housing Opportunity, Longevity and Durability Fund to deposit Article XI-Q bonds to be used by the Housing and Community Services Department to preserve affordable housing at risk of loss. [<i>Authorizes the State Treasurer to issue $100 million in bonds for the fund for the 2025-2027 biennium.</i>] Requires the department to, with input from stakeholders, report to the interim committees of the Legislative Assembly relating to housing on or before December 1, 2026, on legal and policy barriers to affordable housing production. Declares an emergency, effective on passage.