UtahH.B. 3602025 General SessionHouseWALLET

Housing Attainability Amendments

Sponsored By: Stephen L. Whyte (Republican)

Signed by Governor

Land UseHousingWorkforce ServicesLegislative OperationsPolitical Subdivisions (Local Issues)Sunsets and RepealersIndependent EntitiesCommunity DevelopmentUtah Housing CorporationAffordable Housing

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Bill Overview

Analyzed Economic Effects

7 provisions identified: 3 benefits, 0 costs, 4 mixed.

Housing corporation gains flexible project financing

The Utah Housing Corporation can now receive Utah Homes Investment Program deposits for qualified projects. It must return deposits with accrued interest when it receives loan repayments or proceeds from selling or otherwise disposing of project homes. The corporation can return deposits after the usual 24-month or June 30, 2028 deadline without penalty.

More public property options for housing

Beginning July 1, 2025, housing grants can include full or partial property transfers, with or without payment. They can also include contracts or partnerships to develop moderate-income housing. Transportation Department rules can allow surplus-property sales to state agencies or independent entities serving public housing interests at pre-entitlement appraised values. Payment can wait until after owner-occupied housing is developed. Eligible entities acquiring surplus school property can sell, use, or lease it for moderate-income housing.

More time for Utah housing investments

The state treasurer can approve qualified housing deposits through December 31, 2027, instead of December 31, 2025. Beginning July 1, 2025, the law keeps the Utah Homes Investment Program and its related subfund in place until July 1, 2028. Any remaining subfund money transfers to the Transportation Investment Fund of 2005 on June 30, 2028.

Public land talks can move privately

Utah public bodies can hold closed strategy sessions about development agreements, project proposals, or financing proposals for state or local government land. Closure is allowed when public discussion could reveal appraised or estimated values or prevent the best possible deal. This protects negotiating positions but reduces public access to those discussions.

City home repairs gain financing options

First- or second-class Utah cities can receive up to $10 million in program deposits within one year after signing a loan agreement. Cities must expand existing efforts to buy and repair single-family homes within their boundaries. They must sell the homes as attainable homes, with deed restrictions requiring at least five years of owner-occupancy. State- or federally chartered credit unions can finance these projects and request program deposits without requiring city membership. Cities that break deposit terms lose access to future program participation.

Housing corporation continues with board changes

Beginning July 1, 2025, the law removes the Utah Housing Corporation Act's scheduled July 1, 2026 repeal. All six public trustees must live in Utah, and no more than two can come from the same county. The law removes the previous limit of three public trustees from the same political party.

Income limits shape qualifying housing options

Beginning July 1, 2025, the law defines which homes count as moderate-income housing. Homes for sale qualify at prices affordable to households earning no more than 120% of county area median income. Buyers must occupy the home, and a deed restriction must last at least five years. Rentals qualify at prices affordable to households earning no more than 80% of county area median income.

Sponsors & Cosponsors

Sponsor

  • Stephen L. Whyte

    Republican • House

Cosponsors

  • Lincoln Fillmore

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 136 • No: 41

House vote • 3/7/2025

House/ concurs with Senate amendment

Yes: 48 • No: 21

Senate vote • 3/7/2025

Senate/ passed 2nd & 3rd readings/ suspension

Yes: 25 • No: 3

Senate vote • 2/27/2025

Senate Comm - Substitute Recommendation

Yes: 3 • No: 0

Senate vote • 2/27/2025

Senate Comm - Favorable Recommendation

Yes: 3 • No: 0

House vote • 2/24/2025

House/ substituted

Yes: 0 • No: 0

House vote • 2/24/2025

House/ uncircled

Yes: 0 • No: 0

House vote • 2/24/2025

House/ passed 3rd reading

Yes: 51 • No: 16

House vote • 2/20/2025

House/ circled

Yes: 0 • No: 0

House vote • 2/13/2025

House Comm - Favorable Recommendation

Yes: 6 • No: 1

House vote • Unknown

House/ uncircled

Yes: 0 • No: 0

House vote • Unknown

House/ substituted

Yes: 0 • No: 0

House vote • Unknown

House/ circled

Yes: 0 • No: 0

Actions Timeline

  1. Governor Signed

    3/26/2025
  2. House/ to Governor

    3/17/2025House
  3. House/ received enrolled bill from Printing

    3/17/2025House
  4. House/ enrolled bill to Printing

    3/13/2025House
  5. Enrolled Bill Returned to House or Senate

    3/13/2025
  6. Draft of Enrolled Bill Prepared

    3/11/2025
  7. Bill Received from House for Enrolling

    3/11/2025
  8. House/ signed by Speaker/ sent for enrolling

    3/7/2025House
  9. House/ received from Senate

    3/7/2025House
  10. Senate/ to House

    3/7/2025Senate
  11. Senate/ signed by President/ returned to House

    3/7/2025Senate
  12. Senate/ received from House

    3/7/2025Senate
  13. House/ to Senate

    3/7/2025House
  14. House/ concurs with Senate amendment

    3/7/2025House
  15. House/ placed on Concurrence Calendar

    3/7/2025House
  16. House/ received from Senate

    3/7/2025House
  17. Senate/ to House with amendments

    3/7/2025Senate
  18. Senate/ passed 2nd & 3rd readings/ suspension

    3/7/2025Senate
  19. Senate/ 2nd & 3rd readings/ suspension

    3/7/2025Senate
  20. Senate/ Rules to 2nd Reading Calendar

    3/7/2025Senate
  21. Senate/ 2nd Reading Calendar to Rules

    3/5/2025Senate
  22. Senate/ placed on 2nd Reading Calendar

    2/28/2025Senate
  23. Senate/ comm rpt/ substituted

    2/28/2025Senate
  24. Senate Comm - Favorable Recommendation

    2/27/2025Senate
  25. Senate Comm - Substitute Recommendation

    2/27/2025Senate

Bill Text

  • Enrolled

    3/13/2025

  • Substitute #2

    2/27/2025

  • Substitute #1

    2/21/2025

  • Introduced

    1/29/2025

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