Protecting Private Property Rights: House Bill 621 addresses issues with unauthorized squatters who occupy private property. The bill aims to quickly restore possession of such property to the lawful owner by allowing the property owner or their agent to request the immediate removal of unlawfully occupying persons from a residential dwelling. Effective July 1, 2024.
$408 Million for State and Local Affordable Housing Programs: Lawmakers allocated $408 million in the 2024-2025 fiscal year budget (House Bill 5001) to the State and Local Government Housing Trust Funds. Included is $174 million for the State Housing Initiatives Partnership (SHIP) for downpayment and closing cost assistance programs, and $234 million for the State Apartment Incentive Loan program (SAIL) which helps build affordable rental housing. Please note that the SAIL funding includes $150 million in recurring funding as specified in the 2023 Live Local Act. Effective: July 1, 2024.
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