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House Bill 1371
ARCHIVE (2006)
Latest Information
| | DIGEST OF INTRODUCED BILL
Military service home buyer program. Requires the Indiana housing and community development authority (authority) to establish a military service home buyer benefit program (program). Allows an Indiana resident called to active duty after September 11, 2001, or the surviving spouse of the Indiana resident, to apply for a matching grant for the purchase of a primary residence. Provides that the grant amount may not exceed $5,000. Requires grants to be provided in the order in which the applications are received. Appropriates $6,271,973 to the authority from the state general fund for the program. |
Current Status:
| | In Committee - first House |
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