IN HB1165 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - First reading: referred to Committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - First reading: referred to Committee on Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Down payment assistance. Provides that a person that otherwise meets the qualifications to receive down payment assistance under a down payment assistance program offered by the Indiana housing and community development authority (authority) may pair down payment assistance with a first mortgage issued by a community development financial institution (CDFI) without regard to whether the CDFI is a participating lender for purposes of the authority's mortgage programs and down payment assistance programs.
Title
Down payment assistance.
Sponsors
Rep. Justin Moed [D] |
History
Date | Chamber | Action |
---|---|---|
2025-01-08 | House | First reading: referred to Committee on Financial Institutions |
2025-01-08 | House | Authored by Representative Moed |