Legislation - HB1239

Title: Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment
Sponsored by: Delegate Lierman
Status: In the House - Returned Passed
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Establishing the Appraisal Gap From Historic Redlining Financial Assistance Program in the Department of Housing and Community Development to make financial assistance available certain developers working in low-income census tracts in order to help close appraisal gaps that occur in historically redlined neighborhoods; requiring that the amount of financial assistance is not to exceed 35% of the lesser of the total cost of eligible construction expenses, or 80% of the national median sale price for new homes on the date of sale; etc.

Committees

Original:: Environment and Transportation Click to view Recorded Media

Opposite:: Education, Health, and Environmental Affairs; Budget and Taxation

Committee Testimony

Witness List

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

History

Legislation History
Chamber House Calendar Date 2/08/2021 Legislative Date 2/08/2021 Action First Reading Environment and Transportation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment 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 Vote - House - Committee - Environment and Transportation Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/20/2021 Legislative Date 3/20/2021 Action Favorable with Amendments Report by Environment and Transportation Proceedings
Chamber House Calendar Date 3/20/2021 Legislative Date 3/09/2021 Action Favorable with Amendments {920616/1 Adopted Proceedings 28 Click to view Recorded Media
Chamber House Calendar Date 3/20/2021 Legislative Date 3/09/2021 Action Second Reading Passed with Amendments Proceedings 28 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment Proceedings
Chamber House Calendar Date 3/22/2021 Legislative Date 3/10/2021 Action Third Reading Passed (109-25) Proceedings 29 Click to view Recorded Media
Chamber Senate Calendar Date 3/22/2021 Legislative Date 3/03/2021 Action Referred Education, Health, and Environmental Affairs Budget and Taxation Proceedings 30AClick to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Education, Health, and Environmental Affairs Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2021 Legislative Date 4/09/2021 Action Favorable Report by Education, Health, and Environmental Affairs Proceedings
Chamber Senate Calendar Date 4/09/2021 Legislative Date 3/19/2021 Action Favorable Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 4/09/2021 Legislative Date 3/19/2021 Action Second Reading Passed Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2021 Legislative Date 3/20/2021 Action Third Reading Passed (46-0) Proceedings 45AClick to view Recorded Media
Chamber House Calendar Date 4/12/2021 Legislative Date 3/27/2021 Action Returned Passed Proceedings 46 Click to view Recorded Media

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.
			Vote - House - Committee - Environment and Transportation	Click to view Recorded Media
House	3/20/2021	3/20/2021	Favorable with Amendments Report by Environment and Transportation
House	3/20/2021	3/09/2021	Favorable with Amendments {920616/1 Adopted	28 Click to view Recorded Media
House	3/20/2021	3/09/2021	Second Reading Passed with Amendments	28 Click to view Recorded Media
			Text - Third - Department of Housing and Community Development – Appraisal Gap From Historic Redlining Financial Assistance Program – Establishment
House	3/22/2021	3/10/2021	Third Reading Passed (109-25)	29 Click to view Recorded Media
Senate	3/22/2021	3/03/2021	Referred Education, Health, and Environmental Affairs Budget and Taxation	30AClick to view Recorded Media
			Vote - Senate - Committee - Education, Health, and Environmental Affairs	Click to view Recorded Media
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	4/09/2021	4/09/2021	Favorable Report by Education, Health, and Environmental Affairs
Senate	4/09/2021	3/19/2021	Favorable Adopted	44 Click to view Recorded Media
Senate	4/09/2021	3/19/2021	Second Reading Passed	44 Click to view Recorded Media
Senate	4/10/2021	3/20/2021	Third Reading Passed (46-0)	45AClick to view Recorded Media
House	4/12/2021	3/27/2021	Returned Passed	46 Click to view Recorded Media

File Code

Subjects

Statutes