2024 Regular Session • Rhode Island Legislature
H7923: Authorizes the department of housing to issue bonds in the amount of $50,000,000 with a maturity date not to exceed 20 years, to establish the housing production revolving fund, to promote the development of housing and ensuring more affordable housing.
Legislative Summary
STATE AFFAIRS AND GOVERNMENT -- HOUSING PRODUCTION REVOLVING FUND ACT - Authorizes the department of housing to issue bonds in the amount of $50,000,000 with a maturity date not to exceed 20 years, to establish the housing production revolving fund, to promote the development of housing and ensuring more affordable housing.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
3/4/2024
Introduced, referred to House Finance
House of Representatives
4/18/2024
Scheduled for hearing and/or consideration (04/23/2024)
House of Representatives
4/23/2024
Committee recommended measure be held for further study
House of Representatives
Status Information
Current Status
Introduced(3/4/2024)
Chamber
House of Representatives
Committee
Finance(House of Representatives)
Sine DiePrior Session
