HB90 Summary

• Expands powers of municipal housing authorities to participate in lawful business organizations, including creating subsidiaries and affiliates for housing projects and mixed-use developments.

• Authorizes authorities to enter into design-build, design-build-operate, and similar arrangements for housing projects and community facilities, subject to Title 39 compliance when using state or local funds.

• Exempts municipal housing authorities and their property, income, bonds, conveyances, and related transactions from all state taxes.

• Allows authorities to seek exemption from county, municipal, and probate fees and taxes, subject to approval by county commission or city council as applicable.

• Validates all previously created business entities wholly-owned by authorities and their activities prior to June 1, 2025; designates certain corporate subsidiaries meeting specific criteria as governmental entities under Chapter 93 of Title 11.

• Effective date: June 1, 2025.