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HB185 • 2025

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
K. Johnson
Last action
2025-05-20
Official status
House Housing 5/15/25
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

What This Bill Does

  • AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.
  • This Act allows an applicant who seeks to create affordable housing to apply for Site Readiness Funds so long as the applicant demonstrates that the affordable housing will increase economic development in the State.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-05-20 Delaware General Assembly

    Motion to Release Failed

  2. 2025-05-15 Delaware General Assembly

    Introduced and Assigned to Housing Committee in House

Official Summary Text

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.
This Act allows an applicant who seeks to create affordable housing to apply for Site Readiness Funds so long as the applicant demonstrates that the affordable housing will increase economic development in the State.

Current Bill Text

Read the full stored bill text 
Legislation Document

SPONSOR:

Rep. K. Johnson & Sen. Huxtable

Reps. Chukwuocha, Burns, Snyder-Hall, Gorman; Sens. Hoffner, Buckson

HOUSE OF REPRESENTATIVES

153rd GENERAL ASSEMBLY

HOUSE BILL NO. 185

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE SITE READINESS FUND.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend § 8711A, Title 29 of the Delaware Code by making deletions as shown by strike through and insertions as shown by underline as follows:

§ 8711A. Site Readiness Fund.

(l)

(1) Notwithstanding subsections (a) and (b), an applicant who seeks to create affordable housing may be approved for funding under this section if the applicant demonstrates that the affordable housing will increase economic development in the State.

(2) For purposes of this section, “affordable housing” is housing that is all of the following:

a. Affordable to individuals or families with a household income at or below the median State income.

b. Costs no more than 30% of a household’s gross annual income, whether in total rental and utility costs or combined mortgage, property taxes, and required insurance.

SYNOPSIS

This Act allows an applicant who seeks to create affordable housing to apply for Site Readiness Funds so long as the applicant demonstrates that the affordable housing will increase economic development in the State.