Bill > HB4540

This bill modifies the State Housing Development Authority Act of 1966 to expand the types of housing and community development projects that can be funded. Specifically, it allows the authority to use money from the housing and community development fund to provide grants and loans for housing for a broader range of income levels, including "middle-income" households, and to support a wider array of community development activities such as infrastructure improvements, economic development, blight elimination, and assistance to nonprofit organizations and municipalities. The bill also updates references to specific laws and changes the name of an advisory body from "committee" to the "statewide housing partnership council."