MD HB1090 | 2024 | Regular Session
Note: Carry Over of previous HB501
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-08 - Hearing 2/27 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2024 - 25% progression
Action: 2024-02-08 - Hearing 2/27 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Establishing the Revitalizing Neighborhoods Through Homeownership Program to provide financial assistance in the form of loans to political subdivisions to support the purchase and renovation of HUD dollar homes and abandoned residential properties for resale to low-to moderate-income buyers; and establishing the Revitalizing Neighborhoods Through Homeownership Fund as a special, nonlapsing fund to provide financial assistance in the form of loans under the provisions of the Program.
Title
Revitalizing Neighborhoods Through Homeownership Program and Fund – Established
Sponsors
| Del. Pamela Queen [D] | Del. Nick Allen [D] | Del. Linda Foley [D] | Del. Marvin Holmes [D] |
| Del. Mary Lehman [D] | Del. Jeffrie Long [D] | Del. Lily Qi [D] | Del. Sheila Ruth [D] |
| Del. Jen Terrasa [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-08 | House | Hearing 2/27 at 1:00 p.m. |
| 2024-02-07 | House | First Reading Environment and Transportation |
Same As/Similar To
HB501 (Carry Over) 2023-04-10 - Unfavorable Report by Environment and Transportation
Subjects
Abandoned Property
Boundaries
Community Development
Federal Aid
Housing
Housing and Community Development
Housing and Community Development, Department of
Interest
Loans
Low-Income
Mortgages
Revenue and Taxes
Rules and Regulations
Standards and Best Practices
State Aid
Boundaries
Community Development
Federal Aid
Housing
Housing and Community Development
Housing and Community Development, Department of
Interest
Loans
Low-Income
Mortgages
Revenue and Taxes
Rules and Regulations
Standards and Best Practices
State Aid
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Housing and Community Development | 4 | 3001 | (n/a) | See Bill Text |
| Housing and Community Development | 4 | 3002 | (n/a) | See Bill Text |
| Housing and Community Development | 4 | 3003 | (n/a) | See Bill Text |
| Housing and Community Development | 4 | 3004 | (n/a) | See Bill Text |
| Housing and Community Development | 4 | 501 | (n/a) | See Bill Text |
| Housing and Community Development | 4 | 510 | (n/a) | See Bill Text |
| State Finance and Procurement | 6 | 226 | (n/a) | See Bill Text |
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1090?ys=2024RS |
| Text | https://mgaleg.maryland.gov/2024RS/bills/hb/hb1090f.pdf |
