HB1165: A BILL FOR AN ACT to amend the Indiana Code concerning state and local administration.
Page last updated: Sunday, April 20, 2025 at 7:01 PM (America/Indianapolis).
General Information
- Stage: Introduced House Bill (H)
- Current Chamber: house
- Origin Chamber: house
- Description: Down payment assistance.
Legislators
Authors (1)
Coauthors (0)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (2 total)
- Jan 8, 2025, 6:36 AM: First reading: referred to Committee on Financial Institutions
- Jan 8, 2025, 6:36 AM: Authored by Representative Moed
Digest
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.