AN ACT relating to affordable housing programs established by local governments.
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Latest action
- Mar 2, 2026
What it does
Create a new section of KRS Chapter 65 to define terms; permit a local government to establish a revolving loan program fund to facilitate affordable housing; establish requirements for the fund; permit a local government to use bonding authority to support a fund; establish means and terms of repayment of bonds issued for a fund; permit a local government to use a fund to make loans for development of affordable housing and for rehabilitation of homes by low-income persons; allow local government to assess fines and fees for failure to repay loans as part of a program; create a lien in association with a loan issued under a program and set out priority of the lien.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
In the news
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Where it goes next
While a bill can still move, the questions are about people and money in Kentucky.