KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB3235 • 2025

Directs the Housing and Community Services Department to give a grant to an organization to support first-time home buyers that purchase residential property to build equity ownership in the residential property through reduced interest rate loans and accelerated loan terms.

Directs the Housing and Community Services Department to give a grant to an organization to support first-time home buyers that purchase residential property to build equity ownership in the residential property through reduced interest rate loans and accelerated loan terms.

Housing
Passed Legislature

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

Sponsor
Representative Nathanson, Representative Gamba,, Hudson,, Nguyen H,, Senator Taylor,
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-03-24 House

    Recommendation: Do pass and be referred to Ways and Means by prior reference.

  3. 2025-03-24 House

    Referred to Ways and Means by prior reference.

  4. 2025-03-19 House

    Work Session held.

  5. 2025-02-12 House

    Public Hearing held.

  6. 2025-01-17 House

    Referred to Housing and Homelessness with subsequent referral to Ways and Means.

  7. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: Tells a state agency to give money to people who support home buyers to build equity in their homes more quickly. (Flesch Readability Score: 64.6).
Directs the Housing and Community Services Department to give a grant to an organization to support first-time home buyers that purchase residential property to build equity ownership in the residential property through reduced interest rate loans and accelerated loan terms. Specifies qualifications for loan recipients.
Declares an emergency, effective July 1, 2025.
Relating to: Relating to a grant program to support accelerated mortgages for first-time home buyers; declaring an emergency.
Current location: In House Committee