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IN SB0485
Bill
Status
1/17/2017
Primary Sponsor
Eddie Melton
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AI Summary
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Establishes a home modification loan pilot program administered by the Indiana Housing and Community Development Authority to provide zero or low interest loans for modifying primary dwellings.
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Eligible participants must be individuals with disabilities or individuals who have a child with disabilities, with low or moderate income, and must have primary dwellings located in Lake County, LaPorte County, or Porter County.
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Loans may only be used to modify primary dwellings to aid independent functioning of individuals with disabilities or children with disabilities.
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Appropriates $500,000 for fiscal year 2017-2018 and $500,000 for fiscal year 2018-2019 from the state general fund for the Division of Disability and Rehabilitative Services.
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Program is set to expire July 1, 2024, with authority required to submit annual reports to the legislative council regarding applications, loans made, program costs, and statewide expansion costs.
Legislative Description
Home modification loan pilot program. Establishes the home modification loan pilot program (pilot program). Authorizes the Indiana housing and community development authority to administer the pilot program. Provides: (1) that the Indiana housing and community development authority may make zero interest or low interest loans under the pilot program to provide funds for the purpose of modifying the primary dwellings of eligible individuals and families of low and moderate income; (2) that eligible individuals or families must be or include individuals with disabilities or individuals who have a child with disabilities; and (3) that an eligible individual's or family's primary
Last Action
Senator Bohacek added as second author
2/13/2017