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HB 649·AL·house

Class 1 municipalities; creation of housing trust fund authorized

FailedFiled Mar 31, 2026
Sponsor: Datcher
Latest Action

Pending Committee Action in House of Origin

Mar 31, 2026

Summary

The bill lets a Class 1 municipality create a housing trust fund, fund it with any local money, and use it for affordable‑housing projects. It requires an advisory board, annual audits, and sets limits on how the money can be spent. The goal is to increase affordable homes and reduce related public costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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