Relating to: a workforce housing rehabilitation loan program.
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AB 607 — Relating to: a workforce housing rehabilitation loan program.
Last action — Published 4-9-2022
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Assembly
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced October 08, 2021. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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10 sponsors
10 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (7 R).
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Cleared a recorded vote
Passed 3 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
78 added · 10 removedPlain-language change summary
The amendment to AB 607 has changed the income eligibility criteria for the workforce housing rehabilitation loan program. Instead of capping the household annual income at 120 percent of the median income for the county where the applicant lives, it now uses the area median family income adjusted for family size, based on federal guidelines. This change matters because it allows for a more flexible and potentially broader range of applicants to qualify for financial assistance, making it easier for families of varying sizes to access support for home improvements and lead paint removal.
- 2022 LEGISLATURE LRBa0889/1LRB-4745/1 MPG:amnMPG:emw ASSEMBLY AMENDMENT 1, TO ASSEMBLY BILL 607 October 18,8, 2021 - OfferedIntroduced by RepresentatENTERMANRepresentatives .P ENTERMAN , K ITCHENS, SKOWRONSKI , A RMSTRONG , O LDENBURG , L OUDENBECK , T RANEL, CABRAL-G UEVARA, GUNDRUM and MOSES, cosponsored by Senators OTH and STROEBEL.
AtReferred theto locationsCommittee indicated,on amendHousing theand billReal asEstate. follows:
A N A CT to amend 234.53 (2) and 234.55 (1);
and to create 234.045 of the statutes;
relating to:
a workforce housing rehabilitation loan program.
Analysis by the Legislative Reference Bureau This bill authorizes the Wisconsin Housing and Economic Development Authority to make low-interest or no-interest loans for the rehabilitation of certain residential properties if the rehabilitation consists of structural improvements or the removal of lead paint.
Specifically, under the bill, the authority may make such a loan to a loan applicant if all of the following apply:
PageThe 2,applicant's linehousehold 13:annual income does not exceed 120 percent of the median household income for the county in which the applicant resides.
delete2. that line and substitute “area median family income for the county in which the housing is located, adjusted for family size, as published annually by the federal department of housing and urban development.”.
The applicant's home is a single-family residence that the applicant occupies and that was constructed before 1980.
3.
The applicant agrees to repay the loan, including all interest, upon the applicant selling or otherwise transferring title to the residence to another person or upon the applicant and his or her family vacating the residence.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
S ECTION1.
234.045 of the statutes is created to read:
234.045 Workforce housing rehabilitation loan program.
(1) DEFINITION.
In this section, “eligible rehabilitation” means an improvement to - 2022 Legislature - 2 - LRB-4745/1 MPG:emw ASSEMBLY BILL 607 SECTION 1 housing to maintain the housing in a decent, safe, and sanitary condition or to restore it to that condition if the improvement is the removal of lead paint or constitutes a structural improvement, including any of the following:
(a) Repairing or replacing a heating system, electrical system, plumbing system, roof, window, or exterior door.
(b) Repairing the foundation.
(c) Repairing or replacing insulation or siding.
(2) W ORKFORCE HOUSING REHABILITATION LOANS.
(a) From the housing rehabilitation loan fund, the authority may make a loan to a person applying for the loan to pay for the cost of eligible rehabilitation to the applicant's home if all of the following apply:
1.
The applicant's household annual income does not exceed 120 percent of the median household income for the county in which the applicant resides.
2.
The applicant's home is a single-family residence that the applicant occupies and that was constructed before 1980.
3.
The applicant agrees to repay the loan, including all interest, upon the applicant selling or otherwise transferring title to the residence to another person or upon the applicant and his or her family vacating the residence.
(b) The authority may establish an interest rate for any loan made under par.
(a) below the market interest rate or may charge no interest.
SECTION 2.
234.53 (2) of the statutes is amended to read:
234.53 (2) Except as provided in sub.
(2m) and s.
234.045, the authority shall use moneys in the fund for the purpose of purchasing housing rehabilitation loans or for funding commitments for loans to lenders for housing rehabilitation loans.
All disbursements of funds under this subsection for purchasing such loans shall be LRB-4745/1 - 2022 Legislature - 3 - MPG:emw SECTION 2 ASSEMBLY BILL 607 made payable to an authorized lender, as defined in s.
234.49 (1) (b), or a duly authorized agent thereof.
SECTION 3.
Show all 47 changed lines (7 more)
234.55 (1) of the statutes is amended to read:
234.55 (1) The authority shall establish the housing rehabilitation loan program bond redemption fund.
All housing rehabilitation loans purchased with moneys from the housing rehabilitation loan fund or notes evidencing loans to lenders from such fund for housing rehabilitation loans shall be the exclusive property of such redemption fund.
All moneys received from the repayment of such loans, any amounts transferred by the authority to such fund pursuant to s.
234.52 or from other funds or sources, any federal insurance or guarantee payments with respect to such loans, all moneys resulting from the sale of bonds for the purpose of refunding outstanding housing rehabilitation bonds unless credited to the housing rehabilitation loan program capital reserve fund, any other moneys which may be available to the authority for the purpose of such fund, and all moneys received from the repayment of loans provided under s.s.
234.045 and 234.53 (2m) shall be deposited into such fund to be used for the repayment of housing rehabilitation bonds issued under the authority of s.
234.50.
Show all 47 changed rows (7 more)
View plain text versions (2)
- Bill Text View text pdf
- Amended Assembly Amendment 1 Current pdf
Action History
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Published 4-9-2022
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Report approved by the Governor on 4-8-2022. 2021 Wisconsin Act 221
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Presented to the Governor on 4-4-2022 by directive of the Speaker
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Report correctly enrolled on 3-11-2022
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Received from Senate concurred in
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Ordered immediately messaged
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Read a third time and concurred in
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Rules suspended
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Ordered to a third reading
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Senate Amendment 1 withdrawn and returned to author
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Read a second time
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Placed on calendar 3-8-2022 pursuant to Senate Rule 18(1)
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Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2
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Available for scheduling
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Withdrawn from committee on Housing, Commerce and Trade and rereferred to committee on Senate Organization pursuant to Senate Rule 46(2)(c)
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Read first time and referred to committee on Housing, Commerce and Trade
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Senate Amendment 1 offered by Senator Roth
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Representative Murphy added as a coauthor
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Received from Assembly
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Ordered immediately messaged
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Read a third time and passed
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Rules suspended
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Ordered to a third reading
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Assembly Amendment 1 adopted
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Read a second time
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Representative Krug added as a coauthor
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Placed on calendar 10-26-2021 by Committee on Rules
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Referred to committee on Rules
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Report passage as amended recommended by Committee on Housing and Real Estate, Ayes 10, Noes 0
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Report Assembly Amendment 1 adoption recommended by Committee on Housing and Real Estate, Ayes 10, Noes 0
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Executive action taken
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Representative Edming added as a coauthor
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Assembly Amendment 1 offered by Representative Penterman
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Representative Subeck added as a coauthor
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Public hearing held
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Read first time and referred to Committee on Housing and Real Estate
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Introduced by Representatives Penterman, Kitchens, Skowronski, Armstrong, Oldenburg, Loudenbeck, Tranel, Cabral-Guevara, Gundrum and Moses; cosponsored by Senators Roth and Stroebel
Sponsors
- Clint Moses · Primary
- Rick Gundrum · Primary
- Rachael Cabral-Guevara · Primary
- Travis Tranel · Primary
- Loudenbeck · Primary
- Oldenburg · Primary
- David Armstrong · Primary
- Skowronski · Primary
- Joel Kitchens · Primary
- William Penterman · Primary
Sponsorship breakdown
Export CSV (upgrade) →10 sponsors · 0 co-sponsors · 122 not signed on
Sponsors (10)
- Moses, Clint Republican
- Gundrum, Rick Republican
- Cabral-Guevara, Rachael Republican
- Tranel, Travis Republican
- Loudenbeck
- Oldenburg
- Armstrong, David Republican
- Skowronski
- Kitchens, Joel Republican
- Penterman, William Republican
Co-sponsors (0)
None.
Not signed on (122)
122 members have not signed on to this bill.
Show all 122 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- Who sponsors AB 607?
- AB 607 is sponsored by Moses, Clint (Republican), Gundrum, Rick (Republican), Cabral-Guevara, Rachael (Republican), Tranel, Travis (Republican), Loudenbeck, Oldenburg, Armstrong, David (Republican), Skowronski, Kitchens, Joel (Republican), and Penterman, William (Republican).
- What is the current status of AB 607?
- This bill has been enacted into law. Introduced October 08, 2021. Enacted.
- Where can I track AB 607?
- Track AB 607 free on One Click Politics — get push/email alerts when it moves.
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