AN ACT CONCERNING FIRST-TIME HOMEBUYER MORTGAGE LOANS FOR PROPERTIES IN CERTAIN LOCATIONS.
To provide that: (1) The Department of Banking shall develop an Internet web site for individuals who are first-time homebuyers to apply for mortgage loans for properties located in distressed municipalities or federally designated opportunity zones; (2) community banks may access such Internet web site to determine which loans to make; and (3) for such loans, the state shall provide credit enhancement.
Introduced by:Sen. James J. Maroney, 14th Dist.
Rep. Travis Simms, 140th Dist.
Rep. Trenee McGee, 116th Dist.
Rep. Hubert D. Delany, 144th Dist.
Rep. Anthony L. Nolan, 39th Dist.
|New today||2-4 days old||5 days & older|
|BA Vote Tally Sheet (Reserved for Subject Matter Public Hearing)|
Add Notes to SB-658
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Co-sponsors for Amendment LCO:
|2/6/2023||Public Hearing 02/10|
|1/24/2023||(BA)||Reserved for Subject Matter Public Hearing|
|1/18/2023||Referred to Joint Committee on Banking|