SB 1567: Relating to mixed income housing; and prescribing an effective date.
SB 1567 status: Introduced — Effective date, June 5, 2026 (updated Apr 6, 2026).
What this bill does
Overall score
Bill summary
OfficialAuthorizes the Housing and Community Services Department to fund mixed income housing. Requires the department to develop a mixed income housing loan program. Establishes the Mixed Income Development Loan Fund for such purposes. <b>Transfers moneys to the fund from the Housing Project Revolving Loan Fund.</b> Requires ...
Key analysis
Impact analysis
Environment
Benefits
- No direct impact identified
Risks
- No direct impact identified
Economy
Benefits
- Provides dedicated capital for multi-family residential development
Risks
- Redirects liquidity from the Housing Project Revolving Loan Fund
Society
Benefits
- Promotes socioeconomic integration in housing stock
- Expands targeted residential financing options
Risks
- Program efficacy contingent on departmental implementation
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis based on abstract only; full legislative text not reviewed.
Where it stands
Introduced
CurrentEffective date, June 5, 2026.
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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