LD 1424: An Act To Authorize A General Fund Bond Issue For Investment In Workforce Housing And Raise Certain Income Eligibility Limits In The Affordable Homeownership Program
LD 1424 status: In Committee — Died in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD) (updated Apr 29, 2026).
What this bill does
Overall score
Bill summary
OfficialAn Act To Authorize A General Fund Bond Issue For Investment In Workforce Housing And Raise Certain Income Eligibility Limits In The Affordable Homeownership Program. Currently in Senate.
Key analysis
Impact analysis
Environment
Benefits
- no specific environmental impact identified
Risks
- no specific environmental impact identified
Economy
Benefits
- potential job creation in construction
- increases housing liquidity for workforce
Risks
- increases state public debt via bond issuance
- potential for inflationary impact on local housing costs
Society
Benefits
- expands homeownership access for middle-income workers
- targets workforce stability
Risks
- eligibility shifts may increase competition for existing affordable units
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Fiscal responsibility concerns regarding general fund bond obligations
Source quality is limited to a brief OpenStates summary
Where it stands
Introduced
CompleteCommittee
CurrentDied in Possession of the Committee Upon Conclusion of the 132nd Legislature and PLACED IN THE LEGISLATIVE FILES (DEAD).
Floor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
Set your location
Add your district to see how this bill may affect your community and who to contact.
Take action
Contact your representatives
Let them know how you feel about this bill.
Share your view
Join the discussion and see what others are saying.
Track this bill
Stay updated on progress and changes.