BILL · 2019–20 SESSION · LATEST VERSION ESSB 5746

SB 5746: Low-income homeownership

Providing for adequate provisions for low-income homeownership opportunities.

Summary

  • Requires the Department of Commerce (Department) to use moneys from the Housing Trust Fund (HTF), under the Housing Assistance Program, to finance loans or projects that provide affordable housing to households with incomes at or below 80 percent, rather than 50 percent, of the area median family income.
  • Authorizes the Department to provide down payment or closing cost assistance to a wider range of first-time home buyers.
  • Requires the Department to annually report specific data on its website regarding the number and percentage of households served under HTF programs for both homeownership and multifamily projects.

From the Engrossed Substitute House Bill Report (ESSB 5746), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedJan 30, 2019
  2. Out of committeeFeb 19, 2019
  3. Passed SenateMar 11, 2019
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Rebecca Saldaña (D-37)
Introduced
January 30, 2019 in the Senate
Last action
February 24, 2020
Companion bill
HB 1834
Budget
Has a fiscal note
Versions
SB 5746, ESSB 5746

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

Sponsors

Prime sponsor: Rebecca Saldaña (D-37)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed March 11, 2019
Version voted on: ESSB 5746
46 Yea 2 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat26201
Republican20000
How each member voted

History

  1. Senate Rules "X" file. (ESSB 5746)
  2. By resolution, reintroduced and retained in present status. (ESSB 5746)
  3. By resolution, returned to Senate Rules Committee for third reading. (ESSB 5746)
  4. Referred to Capital Budget. (ESSB 5746)
  5. HOUS - Majority; do pass with amendment(s). (ESSB 5746)
  6. First reading, referred to Housing, Community Development & Veterans. (ESSB 5746)
  7. Third reading, passed; yeas, 46; nays, 2; absent, 0; excused, 1. (ESSB 5746)
  8. Rules suspended. Placed on Third Reading. (ESSB 5746)
  9. Floor amendment(s) adopted. (ESSB 5746)
  10. 1st substitute bill substituted. (ESSB 5746)
  11. 1st substitute bill substituted.
  12. Placed on second reading by Rules Committee. (ESSB 5746)
  13. Placed on second reading by Rules Committee.
  14. Passed to Rules Committee for second reading. (ESSB 5746)
  15. Passed to Rules Committee for second reading.
  16. HSA - Majority; 1st substitute bill be substituted, do pass. (ESSB 5746)
  17. Minority; without recommendation. (ESSB 5746)
  18. Minority; without recommendation.
  19. HSA - Majority; 1st substitute bill be substituted, do pass.
  20. First reading, referred to Housing Stability & Affordability.

SB 5746 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