Prohibiting homebuyers from receiving multiple state-funded down payment assistance loans or grants.

SB 6167 prohibits homebuyers from receiving more than one state-funded down payment assistance loan or grant from any state program. It directly affects first-time homebuyers applying for state housing assistance programs, requiring them to accept only one award even if they apply to multiple programs. The key provision amends existing laws to state that applicants cannot stack overlapping assistance, limiting eligibility to a single loan or grant per buyer. This change aims to ensure limited state resources reach more qualified applicants rather than concentrating benefits on individual buyers.