Bill
HD 976
Overview: HD 976, "An Act adjusting the area median income", is a proposed bill introduced on November 29, 2025.Purpose and Intent: The main goal of this legislation is to update t
Overview: HD 976, "An Act adjusting the area median income", is a proposed bill introduced on November 29, 2025.
Purpose and Intent: The main goal of this legislation is to update the calculation of the area median income (AMI) used to determine eligibility for various state and federal housing assistance programs. The bill aims to ensure that the AMI accurately reflects the current economic conditions and cost of living in the state, allowing more residents to access much-needed affordable housing resources.
Key Provisions:
- Requires the state's housing authority to conduct an annual review and adjustment of the AMI based on the latest census data and economic indicators
- Expands the income thresholds for eligibility in state-administered affordable housing programs, such as rental assistance and first-time homebuyer initiatives
- Directs the housing authority to provide guidance and technical assistance to local governments on the application of the updated AMI standards
Affected Parties and Impacts:
- Low- and moderate-income residents who may become newly eligible for affordable housing assistance due to the revised AMI thresholds
- State and local housing agencies that will need to update their program guidelines and outreach efforts to reflect the changes
- Developers of affordable housing projects, who may see increased demand for their units as more residents qualify for assistance
Procedural and Timeline Considerations:
The bill has been introduced and is currently under consideration by the state legislature. If passed, the new AMI calculation and eligibility standards would be implemented within 6 months to ensure timely access to affordable housing resources for eligible residents.
Compiled from official sources — confirm details with the bill’s official record.
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