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SB 25-245

Housing Development Grant Fund Administrative Costs

2025 Regular Session Introduced by Judy Amabile and 5 co-sponsors

Allows using the Housing Development Grant Fund to cover administrative costs of housing grants, with potential caps and reporting requirements.

Governor Signed
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Bill Summary · SB 25-245

Summary — SB 25‑245: Housing Development Grant Fund Administrative Costs

Status: Governor Signed (4/25/2025)
Introduced: 3/31/2025
Primary Sponsors: Shannon Bird, Judy Amabile, Jeff Bridges, Emily Sirota
Cosponsors: R. Taggart, B. Kirkmeyer

Purpose / Intent

The bill title — "Housing Development Grant Fund Administrative Costs" — indicates the legislation addresses whether and how administrative expenses may be paid from a state housing development grant fund. The apparent intent is to clarify, authorize, or set limits and requirements for using grant program funds to cover administration of housing development grants.

What is known (from legislative record)

  • The bill was introduced in the Senate on 3/31/2025 and assigned to Appropriations.
  • It moved rapidly through both chambers with no floor or committee amendments recorded:
    • Passed both Senate and House on second and third reading (special orders in both).
    • Referred unamended by Appropriations in both chambers.
    • Signed by the President of the Senate and Speaker of the House, sent to the Governor on 4/16/2025.
    • Governor signed the bill on 4/25/2025.
  • Sponsors include multiple members from both chambers, indicating bipartisan or cross‑chamber support.

Key provisions (Not verifiable from provided document)

The full bill text was not provided. Typical provisions for legislation with this title would include one or more of the following (you should verify against the enrolled bill text):
- Authority to use a portion of the Housing Development Grant Fund to pay administrative or program delivery costs.
- A percentage cap or dollar limit on administrative expenditures (e.g., a maximum percent of each grant or of total fund).
- Definitions of allowable administrative activities (e.g., staffing, program management, technical assistance, compliance monitoring).
- Reporting, auditing, or transparency requirements (quarterly or annual reports to the legislature or an oversight body).
- Effective date and any transitional rules for existing awards.

Who would be affected

  • State housing agencies that administer the Housing Development Grant Fund (e.g., state housing finance or community development offices).
  • Local governments, nonprofit developers, and other grant recipients to the extent administrative cost rules affect award sizes or allowable reimbursements.
  • Ultimately, developers and households served by the funded housing programs, if more or less money flows into direct development versus administration.

Potential impacts

  • Increased administrative capacity: allowing administrative costs can improve program management and compliance.
  • Trade‑off for project funding: permitting administrative draws from the fund can reduce the pool available for construction or subsidies unless capped or otherwise mitigated.
  • Fiscal impacts depend on the bill’s specific caps and reporting requirements (see fiscal note / bill text).

Timeline & procedural notes

  • Rapid passage and signature (approx. one month from introduction to enactment) suggest legislative priority or noncontroversial status.
  • The effective date is not provided here — consult the enrolled act for precise timing.

Recommended next steps

  • Review the enacted (enrolled) bill text and fiscal note on the state legislature website for exact language, caps, and effective date.
  • Check implementing guidance from the administering agency for operational details and reporting requirements.

If you’d like, I can retrieve and summarize the enrolled bill text and fiscal note if you provide a link or authorize me to look it up.

Compiled from official sources — confirm details with the bill’s official record.

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