Video & Transcript Research : 'development fund'

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TX
Transcript Highlights:
  • Under Senate Bill 2354, a developer would have the option, not the requirement, to hire a third party
  • to review applications for plats, plans, or development permits and conduct building inspections.
  • , it reduces delays and promotes efficiency in property development.
  • With this being permissive for the developer, the developer can still choose to go directly through the
  • We're a Houston-based developer, contractor, and operator of affordable rental housing, but I am here
TX

Texas 89th Regular

Local Government (Part I) Apr 24th, 2025

Local Government

Transcript Highlights:
  • building homes, let alone developing the development to build the homes.
  • Third, eligible nonprofit builders would be able to use money from the fund for the development costs
  • Plain and simple, housing development is economic development in its most sustainable form.
  • We support SB 208 because creating a revolving state housing fund supports nonprofit developers in building
  • So putting half a billion dollars into a surplus fund in that revolving loan fund allows us to have that
Summary: The Senate Committee on Local Government met with a quorum and limited public testimony to two minutes per person. The committee heard Senate Bill 628 by Senator Zaffirini, which would clarify that counties may enter interlocal agreements with emergency service districts to administer and enforce county fire codes, including for multi-county ESDs in the committee substitute. Witnesses from Travis County ESD-11, the Travis County Fire Marshal’s Office, and a member of the public supported the bill as a way to reduce duplication, costs, and jurisdictional confusion. Public testimony was closed and the committee substitute was left pending. The committee then heard several housing-related bills. Senate Bill 208 by Senator West would create a Workforce Housing Capital Investment Fund to provide zero-interest loans to nonprofit builders for workforce housing; Habitat for Humanity representatives, a Brownsville nonprofit developer, and housing advocates supported it as a way to finance infrastructure and land development for affordable homes. Senate Bill 2835 by Senator Johnson would allow cities to opt into single-stair apartment buildings for small-scale, multi-story housing; supporters said the design is safe and could expand housing supply, while the Texas APA expressed qualified opposition over code-process concerns and fire-safety questions. Both bills were left pending after testimony. Additional bills heard included SB 1042 updating the Kimble County Hospital District’s enabling law; SB 1708, a committee substitute protecting familial property divisions from platting requirements; SB 2778 raising the ESD expenditure threshold requiring board approval from $2,000 to up to $50,000; SB 2608 expanding LIHTC eligibility for certain public housing projects; SB 3044 adding board representation for Marfa and Presidio on the Presidio County Underground Water Conservation District and adjusting an exemption; SB 2367 extending park board authority to Waller County; SB 2523 clarifying ETJ reduction procedures and owner opt-out rights; SB 2521 requiring death-certificate reporting to appraisal districts to help address squatting and homestead exemption issues; and SB 2477 easing office-to-residential conversions in larger cities. In each case, the bills were laid out, testimony was taken, and the measures were left pending subject to call of the chair. The committee then recessed until 15 to 30 minutes after adjournment.
TX

Texas 89th Regular

Local Government (Part II) Apr 24th, 2025

Local Government

Transcript Highlights:
  • It reduces delays and promotes efficiency in property development.
  • With this being permissive for the developer, the developer can still choose to go directly through the
  • , and in El Paso with over 70 builders and developers.
  • My director of development services, in fact.
  • And would certainly be considered a pro-development city.
Summary: The Senate Committee on Local Government considered and voted on several bills, adopting committee substitutes on Senate Bills 1237, 1708, 1844, 1454, 2520, and 2541. In each case, the committee substitute was explained as narrowing or clarifying the filed bill, and the committee voted to report the substitute version to the full Senate, usually with a recommendation that the filed bill not pass. The committee also recommended each of those measures for the local and uncontested calendar. SB 1237 concerned property tax exemption eligibility for charitable organizations; SB 1844 addressed annexation and disannexation limits tied to city services; SB 1454 clarified housing authority tax exemptions and agreements with districts; SB 2520 dealt with a school district tax ceiling comparison; and SB 2541 reduced the unused increment period from three years to two years. The committee then heard extensive testimony on SB 2354, which would allow developers to hire qualified third-party professionals for plat review, permit review, and inspections if local governments are delayed. Supporters included affordable housing providers, builders, Pew Charitable Trusts, housing advocates, and legal groups, who said the bill would reduce permitting delays, lower costs, and help housing production. A Corpus Christi representative testified as neutral, asking for amendments to preserve city final inspection authority, document sharing, and floodplain enforcement. Urban counties opposed the bill as written, arguing it removed too much local oversight, though they acknowledged work on a committee substitute. SB 2354 was left pending. The committee also heard SB 2703, which would clarify that condominiums are not subdivisions for local platting purposes. Builders and a land use attorney supported the bill, saying it would reduce confusion and duplicative regulation; the bill was left pending. SB 777, dealing with firefighter collective bargaining and impasse procedures, drew support from Austin and Texarkana firefighter representatives and the City of Austin, who said the committee substitute reflected stakeholder agreement and preserved voter-approved local procedures; it was left pending. SB 2965, concerning annexation and emergency service district response obligations, drew support from ESD and fire association witnesses who said it would prevent service gaps after annexation, and opposition from local officials who argued it gave unelected ESD boards too much power and lacked neutral review; it was also left pending. The committee then recessed subject to call of the chair.
TX

Texas 89th 2nd C.S.

Local Government (Part I) Apr 24th, 2025

Local Government

Transcript Highlights:
  • building homes, let alone developing the development to build the homes.
  • Third, eligible nonprofit builders will be able to use money from the fund for the development costs
  • This fund will enable us to do that.
  • Plain and simple, housing development is economic development in its most sustainable form.
  • We support SB 208 because creating a revolving state housing fund supports nonprofit developers in building
Summary: The Senate Committee on Local Government met with a quorum at the start, adopted a two-minute limit for public testimony, and heard a series of housing, local government, fire code, and district-governance bills. Several measures were laid out with committee substitutes, including SB 628 on county fire code administration through interlocal agreements with emergency service districts; SB 208 creating a Workforce Housing Capital Investment Fund for zero-interest loans to nonprofit builders; SB 2835 allowing cities to opt into single-stair apartment buildings; and SB 2477 easing office-to-residential conversions in certain cities. Other bills addressed ESD spending thresholds (SB 2778), hospital district updates (SB 1042), subdivision/platting issues (SB 1708), public housing tax credit eligibility (SB 2608), groundwater district representation for Marfa and Presidio (SB 3044), park board authority in Waller County (SB 2367), ETJ removal procedures (SB 2523), and reporting death certificates to appraisal districts to help address squatting and homestead issues (SB 2521). Testimony was largely supportive on the housing bills. Supporters of SB 208, including Habitat for Humanity affiliates, a Brownsville nonprofit developer, Texans for Housing, and an educator, said the revolving fund would help nonprofit builders finance land, infrastructure, and development costs for affordable homes, especially for families earning 30% to 80% of area median income. SB 2835 drew support from architects, planners, and housing advocates who argued that single-stair buildings can be safe, more efficient, and better suited to missing-middle housing, though the Texas APA registered qualified opposition, saying the proposal bypasses the usual code-development process and may not be sufficiently studied. SB 2477 also received broad support from housing groups and policy organizations, who said office conversions could help address vacancy and housing shortages, though Corpus Christi raised a concern about fee recovery and local cost reimbursement. The committee also heard support for SB 628 from a county fire marshal and an ESD representative, who said the bill would reduce duplicate fire-code enforcement and costs. SB 2778 was backed by a Bexar County ESD fire chief, who said the current $2,000 expenditure approval threshold is outdated and slows emergency purchases and repairs. SB 2608 was supported by the El Paso housing authority, which said adding certain Section 8 projects to the at-risk LIHTC set-aside would help renovate aging subsidized housing. SB 3044 was presented as a way to give Marfa and Presidio representation on the groundwater district board while preserving permitting authority. Each bill heard public testimony was left pending subject to the call of the chair, and the committee recessed to reconvene after the Senate adjourns.
TX

Texas 89th Regular

Appropriations Feb 19th, 2025 at 10:30 am

Appropriations

Transcript Highlights:
  • To a school's funding.
  • Fund, and the Seaport Connectivity Fund.
  • Whereas, for example, our development fund it's just a best market rate based on our triple-a and so
  • and don't fund.
  • Yes, Ag Fund, EDAP, and currently the Flood Infrastructure Fund.
Summary: During this committee meeting, the focus was on discussing critical infrastructure funding, especially related to water supply and flood mitigation projects. Chairwoman Stepney and the Water Development Board presented extensive details regarding the Texas Water Fund, which included $1 billion appropriated to assist various financial programs and tackle pressing water and wastewater issues. Additionally, funding allocations aimed at compromising the state's flood risk and improving water conservation were hotly debated, emphasizing collaboration among committee members and the necessity of addressing community needs in such projects.
MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/3/26

Housing Finance and Policy

Transcript Highlights:
  • housing and green field developments. housing and green field developments.
  • for-profit development.
  • for-profit development.
  • for-profit development.
  • for-profit development.
Bills: HF3902, HF3895
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/26/26

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • > fraud, public funds funds from waste, fraud, public funds funds from waste, fraud, and<00:03:40.239
  • fund to the Commissioner of Employment and Economic Development. this is really has come around uh and
  • fund to the Commissioner of Employment and Economic Development.
  • fund to the Commissioner of Employment and Economic Development.
  • fund to the Commissioner of Employment and Economic Development.
Bills: HF4072, HF3691, HF4613
TX
Transcript Highlights:
  • It also provides funding through a new Quantum University and Business Innovation for Texas Fund, which
  • development when and if we have the ability to financially fund it in the future.
  • First, it uses state-funded financing rather than securities for TWIA to fund excess losses and operating
  • This bill would change the funding for losses in 2026 and add... after you go through TWIA funds, CRTF
  • This simplifies the funding stacks in TWIA.
TX

Texas 89th Regular

S/C on Workforce Apr 8th, 2025

S/C on Workforce

Transcript Highlights:
  • Fund administered by the Texas Workforce Commission.
  • The Skills Development Fund is the state's premier job training program designed to help businesses partner
  • This is one option for TEAS to find funding for this program.
  • They may or may not use the funding from this program; they may or may not qualify, but including the
  • Skills Development Fund as a potential resource can enhance their ability to adapt and grow this workforce
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/6/25

Education Finance

Transcript Highlights:
  • fund fund one budget district's general fund fund one budget is<00:20:47.960> more<00:20:48.159
  • So we have these restricted funds like that, or student support, personnel aid, staff development, down
  • So we have these restricted funds like that, or student support, personnel aid, staff development, down
  • So we have these restricted funds like that, or student support, personnel aid, staff development, down
  • Then we provide guidance and professional development and facilitate that process for funding formulas
Bills: HF957, HF877
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 9th, 2026 at 06:36 pm

House Appropriations & Finance

Transcript Highlights:
  • investment fund that provides revenue for the Land of Enchantment Legacy Fund, from which distributions
  • The changes that HB 184 would ensure that the fund will be sustained into the future and allow more funding
  • It made several changes to the structure of that fund...” “That fund.
  • The Public Project Revolving Fund provides stable, consistent funding that is not reliant on the general
  • fund.
Bills: HB63, HB64, HB184, HB200, HB47, HB48, HB2, HB9
KY
Transcript Highlights:
  • What can be funded? infrastructure mean? What can be funded?
  • for the development. for the development.
  • So the funding competitions are run by Kentucky Housing Corporation, and eligible developers then respond
  • mechanism of funding their housing trust<00:57:57.520> funds.
  • how was the fund uh funded? how was the fund uh funded? >> Sure. >> Sure.
Summary: The Housing Task Force heard a presentation from Anita Sanford of the Homebuilders Association of Kentucky and Sheri Cybert of Indiana’s Residential Infrastructure Fund about Indiana’s low-interest loan program for local housing infrastructure. They described the program as a voluntary, locally driven model that helps communities finance roads, sewers, sidewalks, traffic lights, turning lanes, and other infrastructure needed for new housing development. Sanford emphasized that infrastructure and regulation are major drivers of housing costs, citing estimates that infrastructure can account for up to 30% of a home’s cost and regulations another 25%, and said the association is studying Kentucky-specific regulatory costs. She also noted that every $1,000 added to new home construction can price out about 2,000 Kentucky households. Cybert explained that Indiana’s program, administered through the Indiana Finance Authority, began in 2023 with $75 million appropriated over two years and has since closed 17 loans totaling $60.7 million, with more than 2,700 projected housing units. The program reserves 70% of funds for rural communities and 30% for urban communities, requires applications from local governments rather than developers, and asks communities to show need through a market study, describe the infrastructure and housing to be built, and provide preliminary engineering plans and a repayment source. She said the loans currently carry an interest rate around 3.5%, reset quarterly, and that the program has generated about $25 million in savings to communities compared with private borrowing. She also described recent Indiana legislative changes that encourage higher density and other zoning reforms, and said a majority of those local ordinance changes must be adopted for an application to be fundable. Members asked about the ordinance requirements, the funding split between rural and urban areas, repayment mechanisms, and whether there were caps on project size. Cybert said repayment is worked out case by case, often through existing or project-specific TIFs, temporary tax agreements, or letters of credit, and that the program has no cap on request size or income/affordability restrictions. She said the largest request funded was $19 million for a 700-unit project. Co-chair Mills and others discussed whether Kentucky could adopt a similar model and what it would cost, while Sanford and Cybert said they were still refining budget estimates. Later, Scott Welch, president of the Homebuilders Association of Kentucky, testified that upfront infrastructure costs are a major barrier in his projects, citing a $1 million pump station and road-widening and utility relocation costs as examples, and said an infrastructure fund would help get projects off the ground.
HI

Hawaii 2026 Regular Session

EDU Informational Briefing 01-30-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • So, the funding is basically federal funding.
  • So, the funding is basically federal funding.
  • So, the funding is basically federal funding.
  • And the legislature funded the DOE last year with a bunch of workforce development money.
  • And the legislature funded the DOE last year with a bunch of workforce development money.
NV
Transcript Highlights:
  • They absolutely provide that last gap funding, and it can get a deal from no to yes for the developers
  • the PCFP budget closing, this funding was removed to instead provide as one-time funding to the State
  • the PCFP budget closing, this funding was removed to instead provide as one-time funding to the State
  • However, during the PCFP budget closing, this funding was removed to instead provide as one-time funding
  • This is definitely not enough funding. ...and are seeking to use this funding in the future.