Relating to mixed income housing; and prescribing an effective date.
About This Bill
Latest Action · Apr 6, 2026
Effective date, June 5, 2026.
Session
2026R1
Introduced
Feb 2, 2026
Primary Sponsor
Khanh Pham· primary
Summary
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Authorizes the Housing and Community Services Department to fund mixed income housing. Requires the department to develop a mixed income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes. <b>Transfers moneys to the fund from the Housing Project Revolving Loan Fund.</b> Requires the department to adopt initial program rules by January 1, 2027. Takes effect on the 91st day following adjournment sine die.