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SB 834: Homeownership Bond Act

UPDATE: This legislation is currently under review by the Committee on Governance and Finance.

SB 834 was introduced by Senator Portantinoe on 2-17-23.

This bill would create a bond fund for distribution to qualified applicants for use as a down payment or to pay closing costs on the purchase of a new home. This bill would also provide loans to developers for installation of infrastructure improvements and other upfront costs.





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