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IN HB1349

IN HB1349
IHCDA report requirement.


summary

Introduced
01/13/2025
In Committee
01/13/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill Summary

IHCDA report requirement. Requires the housing and community development authority (IHCDA) to include in its annual report certain information concerning the authority's programs to promote housing stability.

AI Summary

This bill amends the existing reporting requirements for the Indiana Housing and Community Development Authority (IHCDA) by mandating that its annual report include specific details about housing stability programs. Starting in the fiscal year ending June 30, 2025, the IHCDA must now provide comprehensive information in its annual report, including: the number of applicants for each housing program, the average wait time for receiving services, the average monetary benefits provided to participants, any barriers to expediting services, and the additional funding needed to fully meet service demand. The report will continue to be submitted electronically to the public finance director, budget committee, and general assembly, and will remain available for public inspection at the IHCDA's Indianapolis office. This expansion of reporting requirements aims to increase transparency and provide lawmakers and the public with more detailed insights into the authority's efforts to promote housing stability across Indiana.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

First reading: referred to Committee on Government and Regulatory Reform (on 01/13/2025)

bill text


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