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Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment
Sponsored by
Delegate Lierman
Status
In the House - Hearing 3/02 at 1:30 p.m.
Analysis
Fiscal and Policy Note
Synopsis
Establishing the Appraisal Gap From Historic Redlining Financial Assistance Program in the Department of Housing and Community Development to make financial assistance available to affordable housing developers working in low-income census tracts in order to help close appraisal gaps that occur in historically redlined neighborhoods; providing for the calculation of the financial assistance as equal to the lesser of 35% of the appraisal gap or 80% of the national median sale price of certain new homes; etc.
Committees
Details
Cross-filed with: SB0859
Bill File Type: Regular
Effective Date(s): July 1, 2021
Bill imposes a mandated appropriation in the annual State Budget Bill
Legislation History
Chamber
House
Calendar Date
2/08/2021
Legislative Date
2/08/2021
Action
First Reading Environment and Transportation
Proceedings
Chamber
House
Calendar Date
2/10/2021
Legislative Date
2/10/2021
Action
Hearing 3/02 at 1:30 p.m.
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/08/2021 2/08/2021 First Reading Environment and Transportation
Text - First - Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment
House 2/10/2021 2/10/2021 Hearing 3/02 at 1:30 p.m.
(   4-2801 through 4-2806 )
Last Updated: 2/28/2021 12:28 PM
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