WeVote
Log In

Bill

Bill

LC 1169

Provide funding to address affordable housing

2025 Regular Session

LC 1169 would allocate state funds to expand affordable housing programs, grants, and construction, but the draft died and would need reintroduction to become law.

(LC) Draft Died in Process
#appropriations(seealso:statefinance) #housing
0
WeVote Research Nonpartisan
Bill Summary · LC 1169

Summary of LC 1169 — Provide Funding to Address Affordable Housing

Overview

  • Bill number: LC 1169
  • Title: Provide funding to address affordable housing
  • Status: Draft Died in Process
  • Introduced: November 11, 2024
  • Classification: Appropriations; Housing
  • Subject: Appropriations (State Finance) and Housing
  • Legislative actions:
    • 2024-11-11: Drafter Assigned
    • 2025-05-24: Draft Died in Process

Purpose and Intent

The bill is designed to provide funding related to affordable housing. Based on the title and classification, the core aim is to allocate state funds to address housing affordability issues. Specific goals, targeted programs, and funding levels are not provided in the available information.

Key Provisions (What the bill would generally cover)

Note: The exact text and provisions are not provided in the available record. As an appropriations measure focused on housing, typical components of such bills include:
- Allocation of funds to state housing programs or agencies (e.g., housing finance agency, housing and community development departments).
- Grants or subsidies for affordable rental and/or homeownership opportunities.
- Programs supporting construction, rehabilitation, or preservation of affordable housing stock.
- Administrative and program oversight provisions (reporting requirements, accountability measures, sunset clauses, and auditing).
- Eligibility criteria for funding recipients and funding cycles.
- Potential coordination with existing housing initiatives or tax credit programs.

Because the precise provisions are not included, the above categories represent common elements of affordable-housing appropriations rather than specifics of LC 1169.

Affected Parties and Impacts

  • State government and relevant housing agencies: would administer and disburse funds if enacted.
  • Affordable housing developers and nonprofits: potential recipients of grants or subsidies.
  • Renters and low- to moderate-income households: potential beneficiaries through expanded affordable housing options or rental assistance.
  • Local governments: could participate in program administration or matching requirements, depending on program design.
  • Taxpayers and state budget: impact would depend on the funded programs and total appropriation amount.

Procedural and Timeline Aspects

  • Introduced: November 11, 2024, with a drafter assigned on the same date.
  • Status change: Draft Died in Process on May 24, 2025, indicating the bill did not advance through the legislative process.
  • Implications of status: As a dead draft, the bill would not become law unless reintroduced or amended and refiled in a future session.

Additional Notes

  • Full text and explicit provisions are not provided in the available record. For a precise understanding of LC 1169’s provisions, one would need to review the bill’s official language and fiscal notes.
  • If policymakers consider reviving the measure, they may refine funding levels, program scope, eligibility, and oversight mechanisms to address affordable housing needs effectively.

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

Sign in to ask a question.