RELATING TO HOUSING.
What changed between versions
The affordable housing program now explicitly includes 'for-sale' units alongside rental and leasehold options, allowing government employees to purchase homes rather than just renting them.
Eligible projects were updated to include 'for-sale projects,' broadening the types of developments the revolving fund can support.
The definition of 'Owner-occupied residential use' was slightly rephrased for clarity, though the prohibition on renting or subleasing remains unchanged.
The rules for the housing program were updated to ensure that for-sale projects developed under the part are eligible for funding from the government employee housing revolving fund.
The bill header was changed from 'HB' to 'SMA' and the version number was updated to reflect the Senate amendment stage.