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LD 1167

Resolve, To Create A Pilot Program To Assist Nonprofit Housing Developers In Rehabilitating Existing Aging Housing Stock For First-Time Home Buyers

132nd Legislature (2025-2026) Introduced by Mana Abdi and 7 co-sponsors

Overview: LD 1167, Resolve, To Create A Pilot Program To Assist Nonprofit Housing Developers In Rehabilitating Existing Aging Housing Stock For First-Time Home Buyers, has been car

Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
#housingauthority #programs #rehabilitationgrants
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Bill Summary · LD 1167

Overview: LD 1167, Resolve, To Create A Pilot Program To Assist Nonprofit Housing Developers In Rehabilitating Existing Aging Housing Stock For First-Time Home Buyers, has been carried over to the 132nd Legislature pursuant to a joint order.

Purpose and Intent: The bill aims to establish a pilot program that would provide financial and technical assistance to nonprofit housing developers in rehabilitating existing, aging housing stock. The goal is to make these properties more accessible and affordable for first-time home buyers, addressing the challenges of housing affordability and the need for housing stock revitalization.

Key Provisions:
- Creates a grant program to support nonprofit housing developers in the rehabilitation of aging housing units
- Requires the developed properties to be sold to first-time home buyers at affordable prices
- Establishes guidelines for the selection of eligible nonprofit developers and the administration of the pilot program

Affected Parties and Impacts: The primary beneficiaries of this bill would be first-time home buyers, who would have increased access to rehabilitated, affordable housing options. Nonprofit housing developers would also benefit from the financial and technical assistance to undertake these rehabilitation projects.

Procedural and Timeline Considerations: The bill has been carried over to the 132nd Legislature, which means it will be considered during the next legislative session. This allows for further deliberation and potential refinement of the proposed pilot program before a final vote.

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

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