Bill

Bill > H0701


ID H0701

Adds to existing law to establish the Idaho Workforce Housing Fund and to provide for the allocation of funds.


summary

Introduced
02/28/2022
In Committee
03/15/2022
Crossed Over
03/04/2022
Passed
03/25/2022
Dead
Signed/Enacted/Adopted
03/31/2022

Introduced Session

2022 Regular Session

Bill Summary

IDAHO WORKFORCE HOUSING FUND -- Adds to existing law to establish the Idaho Workforce Housing Fund and to provide for the allocation of funds.

AI Summary

This bill establishes the Idaho Workforce Housing Fund to provide financial assistance for the development of workforce housing. The Idaho Housing and Finance Association (the "Association") will be responsible for administering the fund and creating an allocation plan. At least 20% of the funds must be set aside for use in rural areas, and the Association must give preference to developments with local government matching funds. The bill has an emergency clause to take immediate effect and is set to expire on December 31, 2026.

Committee Categories

Business and Industry

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Ways and Means Committee (H)

Last Action

Reported Signed by Governor on March 28, 2022 Session Law Chapter 277 Effective: 03/28/2022; 12/31/2026 Sunset Clause (on 03/31/2022)

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