SF859 (Legislative Session 94 (2025-2026))

Arrowhead Economic Opportunity Agency grant appropriation

Related bill: HF297

AI Generated Summary

The bill, S.F. No. 859, introduced by Senators Farnsworth and Hauschild, proposes to allocate $2,000,000 in the year 2026 to the Arrowhead Economic Opportunity Agency. This money is intended to establish a revolving fund which will be used to purchase and fix up properties that have been forfeited due to unpaid taxes. These refurbished properties will then be sold for homeownership, with the condition that the homes remain affordable for local workers. The funding is one-time and aims to improve housing affordability and availability in the region.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 03, 2025SenateActionIntroduction and first reading
February 03, 2025SenateActionReferred toHousing and Homelessness Prevention
February 06, 2025SenateActionAuthor added
February 13, 2025SenateActionAuthor added

Progress through the legislative process

17%
In Committee