BILL · 2019–20 SESSION · LATEST VERSION SHB 1834

HB 1834: Low-income homeownership

Providing for adequate provisions for low-income homeownership opportunities.

Summary

  • Requires at least 13 percent of Housing Trust Fund grants and loans in any funding cycle under the Housing Assistance Program to be used for the benefit of homeownership projects for households at or below 80 percent of the area median family income.
  • Authorizes the Department of Commerce (Department) to provide down payment or closing cost assistance to a wider range of first-time home buyers.
  • Requires 13 percent of affordable housing program funds in any funding cycle be used for homeownership projects under the Affordable Housing Program.
  • Requires the Department to annually report information regarding the number and percentage of households served under the Housing Trust Fund program and other programs for both homeownership and multifamily projects.

From the House Bill Report (HB 1834), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 1, 2019
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Cindy Ryu (D-32)
Introduced
February 1, 2019 in the House
Last action
January 13, 2020
Companion bill
SB 5746
Budget
Has a fiscal note
Versions
HB 1834, SHB 1834

AN ACT Relating to adequate provisions for low-income homeownership opportunities;

Sponsors

Prime sponsor: Cindy Ryu (D-32)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status. (SHB 1834)
  2. By resolution, reintroduced and retained in present status.
  3. Referred to Capital Budget. (SHB 1834)
  4. Referred to Capital Budget.
  5. HOUS - Majority; 1st substitute bill be substituted, do pass. (SHB 1834)
  6. HOUS - Majority; 1st substitute bill be substituted, do pass.
  7. First reading, referred to Housing, Community Development & Veterans.

HB 1834 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

Report wrong or missing information on this page