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- 2026 LEGISLATURE LRBs0126/1 MDE:skw ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 455 October 7, 2025 - Offered by RepresentativeURPHY .
- 2026 LEGISLATURE LRB-4674/1 MDE:emw ASSEMBLY BILL 455 September 26, 2025 - Introduced by Representatives M URPHY , ALLEN , BROOKS , D ONOVAN , K NODL , KREIBICH, O'CONNOR , PIWOWARCZYK and S UMMERFIELD , cosponsored by Senator F EYEN .
Referred to Committee on Housing and Real Estate.
Those costs may include reasonable attorney fees and state and local permitting fees.
Those costs may include reasonable attorney fees, state and local permitting fees, and any other costs associated with the conversion.
The recipient of a grant under the bill must provide the occupant of a multifamily housing unit converted to a condominium unit under the bill the opportunity to purchase the condominium unit.
WHEDA is required to market the availability of grants under the bill and submit annual reports relating to the grant program to the Joint Committee on Finance and legislative committees having jurisdiction over housing.
WHEDA is required to market the availability of grants under - 2026 Legislature - 2 - LRBs0126/1 MDE:skw SECTION 1 the bill and submit annual reports relating to the grant program to the Joint Committee on Finance and legislative committees having jurisdiction over housing.
Because this bill may increase or decrease, directly or indirectly, the cost of the development, construction, financing, purchasing, sale, ownership, or availability of - 2026 Legislature - 2 - LRB-4674/1 MDE:emw ASSEMBLY BILL 455 SECTION 1 housing in this state, the Department of Administration, as required by law, will prepare a report to be printed as an appendix to this bill.
For further information see the state fiscal estimate, which will be printed as an appendix to this bill.
234.661 (1) (am) XCondominiumY has the meaning given in s.
234.661 (1) (am) “Condominium” has the meaning given in s.
234.661 (1) (cm) XGrant projectY means a project for the conversion of multifamily housing to condominiums.
234.661 (1) (cm) “Grant project” means a project for the conversion of multifamily housing to condominiums.
(b) The authority shall award grants to owners of multifamily housing for the costs associated with a grant project, including any of the following:
- 2026 Legislature - 3 - LRB-4674/1 MDE:emw ASSEMBLY BILL 455 SECTION 4 (b) The authority shall award grants to owners of multifamily housing for the costs associated with a grant project, including any of the following:
- 2026 Legislature - 3 - LRBs0126/1 MDE:skw SECTION 4 1.
1.
(bm) The authority shall require that the recipient of a grant under this subsection provide the occupant of a multifamily housing unit converted to a condominium unit under the grant project the opportunity to purchase the condominium unit.
3.
Any other cost incurred for the grant project.
234.661 (5) (c) The number of dwelling units rehabilitated or converted to - 2026 Legislature - 4 - LRBs0126/1 MDE:skw S ECTION 7 date as a result of the loan program and grant program under this section and the locations and sale or estimated sale or rental prices of the dwelling units.
234.661 (5) (c) The number of dwelling units rehabilitated or converted to - 2026 Legislature - 4 - LRB-4674/1 MDE:emw ASSEMBLY BILL 455 S ECTION 7 date as a result of the loan program and grant program under this section and the locations and sale or estimated sale or rental prices of the dwelling units.
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