SB0381 (CH0146)

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2016 Regular Session



Housing and Community Development - Community Development Administration - Student and Residential Mortgage Loans

Sponsored by:



Approved by the Governor - Chapter 146

Synopsis:Authorizing the Community Development Administration in the Department of Housing and Community Development to make, participate in making, and undertake a commitment for financial assistance to a homeowner for purchasing a homeowner's primary residence and making payments on the homeowner's student debt under specified circumstances; requiring the Secretary of Housing and Community Development to determine the terms and qualifications of specified financial assistance to homeowners; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:The President (By Request - Administration) and Senators Bates, Brochin, Cassilly, Eckardt, Edwards, Hershey, Jennings, Mathias, Muse, Norman, Reilly, Rosapepe, Salling, Serafini, Simonaire, and Waugh
Additional Facts:Cross-filed with: HB0460
Bill File Type: Regular
Effective Date(s): July 1, 2016
By Request of the Governor
Education, Health, and Environmental Affairs  View Committee Hearing
Environment and Transportation  View Committee Hearing
Ways and Means
Broad Subject(s):Economic and Community Development
Higher Education
Narrow Subject(s):Debt Management
Housing and Community Development, Department of
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
Loans -see also- Mortgages
Real Property
Scholarships and Student Financial Aid
Statutes:Article - Housing and Community Development
(4-235, 4-237, 4-238, 4-240, 4-242)

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October 24, 2017 5:09 P.M.