REFERENCE TITLE: appropriation; down payment assistance; interest.

State of Arizona Senate Fifty-sixth Legislature Second Regular Session 2024

SB 1315

Introduced by Senators Miranda: Alston

 

 

 

 

 

 

 

An Act

 

appropriating monies to the Arizona department of housing.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1. Appropriation; Arizona department of housing; down payment or mortgage interest rate assistance

The sum of $5,000,000 is appropriated from the state general fund in fiscal year 2024-2025 to the Arizona department of housing to distribute to homebuyers in the form of down payment or mortgage interest rate assistance.