Wisconsin 2021-2022 Regular Session Status: Enacted 7 R cosponsors

AB 607 — Relating to: a workforce housing rehabilitation loan program.

Last action — Published 4-9-2022

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced October 08, 2021. Enacted.

Prognosis

Likely to advance 82% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 10 sponsors

    10 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (7 R).

  • 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 removed

Plain-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.

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- 2022 LEGISLATURE LRBa0889/1 MPG:amn ASSEMBLY AMENDMENT 1, TO ASSEMBLY BILL 607 October 18, 2021 - Offered by RepresentatENTERMAN .
- 2022 LEGISLATURE LRB-4745/1 MPG:emw ASSEMBLY BILL 607 October 8, 2021 - Introduced by Representatives 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.
At the locations indicated, amend the bill as follows:
Referred to Committee on Housing and Real Estate.
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:
Page 2, line 13:
The applicant's household annual income does not exceed 120 percent of the median household income for the county in which the applicant resides.
delete 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.”.
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.
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.
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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.
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Action History

  1. Published 4-9-2022

  2. Report approved by the Governor on 4-8-2022. 2021 Wisconsin Act 221

  3. Presented to the Governor on 4-4-2022 by directive of the Speaker

  4. Report correctly enrolled on 3-11-2022

  5. Received from Senate concurred in

  6. Ordered immediately messaged

  7. Read a third time and concurred in

  8. Rules suspended

  9. Ordered to a third reading

  10. Senate Amendment 1 withdrawn and returned to author

  11. Read a second time

  12. Placed on calendar 3-8-2022 pursuant to Senate Rule 18(1)

  13. Public hearing requirement waived by committee on Senate Organization, pursuant to Senate Rule 18 (1m), Ayes 3, Noes 2

  14. Available for scheduling

  15. Withdrawn from committee on Housing, Commerce and Trade and rereferred to committee on Senate Organization pursuant to Senate Rule 46(2)(c)

  16. Read first time and referred to committee on Housing, Commerce and Trade

  17. Senate Amendment 1 offered by Senator Roth

  18. Representative Murphy added as a coauthor

  19. Received from Assembly

  20. Ordered immediately messaged

  21. Read a third time and passed

  22. Rules suspended

  23. Ordered to a third reading

  24. Assembly Amendment 1 adopted

  25. Read a second time

  26. Representative Krug added as a coauthor

  27. Placed on calendar 10-26-2021 by Committee on Rules

  28. Referred to committee on Rules

  29. Report passage as amended recommended by Committee on Housing and Real Estate, Ayes 10, Noes 0

  30. Report Assembly Amendment 1 adoption recommended by Committee on Housing and Real Estate, Ayes 10, Noes 0

  31. Executive action taken

  32. Representative Edming added as a coauthor

  33. Assembly Amendment 1 offered by Representative Penterman

  34. Representative Subeck added as a coauthor

  35. Public hearing held

  36. Read first time and referred to Committee on Housing and Real Estate

  37. Introduced by Representatives Penterman, Kitchens, Skowronski, Armstrong, Oldenburg, Loudenbeck, Tranel, Cabral-Guevara, Gundrum and Moses; cosponsored by Senators Roth and Stroebel

Sponsors

Sponsorship breakdown

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10 sponsors · 0 co-sponsors · 122 not signed on

Sponsors (10)

Co-sponsors (0)

None.

Not signed on (122)

122 members have not signed on to this bill.

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"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.

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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?
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