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
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
February 02, 2025 | Senate | Floor | Action | Referred to | Housing and Homelessness Prevention |
February 05, 2025 | Senate | Floor | Action | Author added | |
February 12, 2025 | Senate | Floor | Action | Author added |