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]

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.

Tracking Information

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Title

Down payment assistance.

Sponsors


History

DateChamberAction
2025-01-08HouseFirst reading: referred to Committee on Financial Institutions
2025-01-08HouseAuthored by Representative Moed

Indiana State Sources


Bill Comments

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