HB 717
AN ACT relating to establishing a first-generation homebuyer trust fund and program.
In Plain Language
This bill creates a new fund to help first-generation homebuyers in Kentucky purchase homes. It defines who qualifies and what the money can be used for. The Kentucky Housing Corporation will report to the legislature every year about how the fund is being used.
Official summary
Create new sections of KRS Chapter 198A to define terms; establish the first-generation homebuyer trust fund, establish eligible activities and use of trust fund; require Kentucky Housing Corporation to submit annual reports to the Legislative Research Commission.
Sponsor
—
Cosponsors
None listed
Latest action
to Appropriations & Revenue (H)
Feb 27, 2025
Official source
Action history
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