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HB 1411

Water quality grants for school buildings.

2025 Regular Session Introduced by Mike Aylesworth and 2 co-sponsors

House Bill 1411 boosts affordable housing in Arkansas by clarifying regulations, expanding geographic preferences, and enhancing funding for underserved areas.

Coauthored by Representatives Aylesworth and Garcia Wilburn
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Bill Summary · HB 1411

Summary of House Bill 1411: Relating to Housing Preference

Bill Number: HB 1411
Introduced: February 05, 2025
Status: Reported from HOU (Stand. Com. Rep. No. 1097) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Subject: Affordable Housing, Geographic Preferences, HHFDC

Purpose and Intent

House Bill 1411 aims to amend existing laws related to housing preferences in Arkansas. The primary intent of the bill is to enhance the state's ability to address affordable housing needs by establishing clearer regulations and preferences for housing development, particularly in areas that require significant investment and support.

Key Provisions

The bill includes several important provisions:

  1. Amendment of Existing Laws: The bill proposes amendments to the Arkansas Code concerning housing preferences, specifically targeting the Hawaii Housing Finance and Development Corporation (HHFDC).

  2. Geographic Preferences: It seeks to clarify and potentially expand geographic preferences for affordable housing projects, allowing for more targeted development in areas that are underserved or in need of revitalization.

  3. Funding Mechanisms: The bill outlines mechanisms for funding affordable housing initiatives, which may include state appropriations and other financial instruments.

  4. Regulatory Framework: Establishes a more robust regulatory framework for the approval and oversight of affordable housing projects, ensuring compliance with state standards and community needs.

  5. Community Engagement: Encourages community involvement in the planning and development process, ensuring that local voices are heard in decisions that affect housing in their areas.

Affected Parties

  • Developers: The bill will impact housing developers by providing clearer guidelines and potential incentives for building affordable housing.
  • Local Governments: Municipalities will need to adapt to the new regulations and may benefit from increased funding for housing projects.
  • Residents: The bill aims to benefit low- and moderate-income residents by increasing the availability of affordable housing options in their communities.

Procedural Aspects

  • Timeline: The bill was introduced on February 5, 2025, and has undergone several readings and amendments in both the House and Senate.
  • Committee Reviews: It has been reviewed by multiple committees, including the House Committee on Housing and the Senate Committee on Agriculture, Forestry & Economic Development.
  • Next Steps: Following its report from the House, the bill has been referred to the Ways and Means Committee (WAM) for further consideration.

Conclusion

House Bill 1411 represents a significant step towards improving affordable housing in Arkansas by clarifying regulations and enhancing funding mechanisms. If passed, it could lead to increased housing development in areas that need it most, ultimately benefiting residents and communities across the state.

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

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