An Act Concerning First-time Homebuyer Mortgage Loans For Properties In Certain Locations. [SB-658]
To provide that: (1) The Department of Banking shall develop an Internet web site for individuals who are first-time homebuyers to apply for mortgage loans for properties located in distressed municipalities or federally designated opportunity zones; (2) community banks may access such Internet web site to determine which loans to make; and (3) for such loans, the state shall provide credit enhancement.
SB-658: An Act Concerning First-time Homebuyer Mortgage Loans For Properties In Certain Locations.
Sponsored by: Rep. Geraldo Reyes
Public Hearing 02/10 on 02/06/2023