Transcript Highlights:

• PROGRAMS, IT IS A LOAN PROGRAM STACKED WITH LIVE LOCAL. >> Sen.
• THE LOAN IS FOR 30 YEARS BUT IS 0% INTEREST AND THERE'S NO PAYMENTS.
• PREPAYMENT SPEEDS ON FIRST MORTGAGE LOANS USUALLY RUN ABOUT SEVEN YEARS.
• ALL OF THE FIRST MORTGAGE LOANS WE MAKE ARE FULLY UNDERWRITTEN.
• AS YOU HEARD THE STATE LOAN PROGRAM PROVIDES LOW INTEREST COMPETITIVE LOANS TO DEVELOPERS TO CONSTRUCT

Keywords: 999, senate, all

Transcript Highlights:

• This largely means changes to student loan repayments and types of loans and grants available, as well
• This largely means changes to student loan repayments and types of loans and grants available, as well
• This largely means changes to student loan repayments and types of loans and grants available, as well
• for our revolving loan funds.
• for our revolving loan funds.

Keywords: 1183, house

Transcript Highlights:

• That's what a building's loan schedule is. So, they tend to accumulate.
• So, they a building's loan schedule is.
• It's a private loan. It's not a BFA loan.
• It's not a BFA loan.
• So that's what that is. >> It's a private loan. It's not a BFA loan.

Keywords: 1191, senate, all

Transcript Highlights:

• in rental housing revolving fund loans in rental housing revolving fund loans in<00:11:36.320>
• That 75% of state HFAs have less discretion than HHFDC in awarding these loans, and 90% of state HFA
• And we'll also insert language that requires that loans applied for and awarded after December 31st,
• And we'll also insert language that requires that loans applied for and awarded after December 31st,
• <00:21:01.919> is mortgage debt to which the loan is mortgage debt to which the loan is subordinate

Keywords: 912, senate, all

Summary: The Senate Committee on Housing heard and then took action on a series of housing-related bills concerning HHFDC, HPHA, inclusionary zoning, nonprofit housing trusts, housing project exemptions, the rental housing revolving fund, and a new for-sale housing program. Testimony was generally supportive from HHFDC and HPHA, with additional support from groups such as Hawaii YIMBY, Grassroot Institute of Hawaii, Hawaii Appleseed, Housing Hawaii’s Future, Holo Collaborative, the Kobayashi Group, and others. On SB 2424, the Kobayashi Group argued the bill would help open housing to a broader pool of local households, including buyers slightly above income limits who still cannot afford market-rate housing. On SB 2342, the chair asked HHFDC for final figures on rental housing revolving fund appropriations since 2016 and was told the amount was about $1.1 billion, including conveyance tax revenue. In decision-making, the committee recommended passage of SB 2189 with amendments, noting concerns about transparency and accountability in HHFDC’s loan-award process; SB 2190 with amendments; SB 2234 with amendments; SB 2177 with amendments; SB 2194 unamended; SB 2342 with amendments; SB 2060 with amendments; and SB 2070 with amendments. The committee deferred SB 2195 and SB 2196 after testimony comments, and deferred SB 2063 because the chair said SB 2060 would be used instead as the vehicle for mixed-income subaccount changes. SB 2424 was discussed in hearing but then deferred in decision-making pending legal advice on issues including owner-occupancy, county income restrictions, buyback rules, and county council approval. The committee also heard testimony on SB 2062 and its proposed SD1, but deferred that measure because the relevant changes had already been incorporated into SB 2060 SD1.

Transcript Highlights:

• are people who have used a home loan. are people who have used a home loan.
• VA home loan is not just about veterans. VA home loan is not just about veterans.
• use the veterans the veteran home loan use the veterans the veteran home loan to<04:37:39.920>
• with distressed loans in their homes. with distressed loans in their homes.
• This bill triples VA home loan fees, which amounts to hundreds or thousands of dollars on each home loan

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, May 21, 2026, 1012, house, all

Transcript Highlights:

• Back in 2015, Senator Schwertner and then Senator Zerwas created the Mental Health Professional Loan
• So there was money left over because all the money hasn't been used for loan repayment.
• There was money left over because all the money hasn't been used for loan repayment.
• And I realize part of this is to advertise to be able to use the loan.
• I'm just really not so much for loan forgiveness at this point when we've got money in there. Sure.

Summary: The Senate Education K-16 Committee heard Senate Bill 1961, which would expand reporting on post-secondary outcomes and workforce data, including employment, earnings, regional labor demand, and credentials of value. Senator Bettencourt said the bill is intended to close data gaps and improve alignment between education programs and workforce needs. Witnesses from Opportunity Austin, Texas 2036, Samsung Austin Semiconductor, and the Fort Worth workforce community testified in support, saying better data would help students, parents, schools, employers, and regional economic development efforts. After questions from members about regional workforce pipelines and semiconductor talent needs, public testimony closed and SB 1961 was left pending. The committee then took up several pending bills and reported them favorably, including SB 1325, SB 604, SB 1832, SB 747, SB 2185, and SB 2395, with committee substitutes adopted where needed. SB 1325 was amended to remove the DSHS commissioner’s authority to issue standing orders for respiratory distress medication in schools. SB 1832, relating to school transfer or private-school funding options for students victimized by a public school employee, and SB 747, relating to intimate visual material policies, were both advanced on recorded votes. SB 2185, on the bilingual education allotment, was initially moved to a local calendar but was later backed up and reported to the full Senate after a fiscal note was noted. SB 2395, on school district general obligation bonds, was also reported favorably and then moved to the local and uncontested calendar. The committee also heard SB 646, which would expand the Mental Health Professional Loan Repayment Program to additional professions, increase award amounts, and add stipends for rural and bilingual service. Senator West said the bill responds to mental health workforce shortages and inflation. The Texas Counseling Association supported the measure, and a Hogg Foundation representative said participation has grown sharply since prior changes. SB 646 was left pending. The committee also heard SB 2647, which would create a Texas state accrediting agency and interim oversight system for higher education accreditors; supporters from the Texas Public Policy Foundation and a massage school owner argued it would improve accountability and reduce accreditor overreach, while Senator Menendez raised concerns about effects on law and medical school accreditation and student opportunities. SB 2647 was left pending. Finally, the committee heard SB 2786, which would exempt first responders from the Texas Success Initiative entrance exam, and SB 2615, which would standardize remote-work policies across public higher education institutions. The Texas State Association of Firefighters supported SB 2786, saying it would remove an extra step for career advancement; the bill was left pending because the committee substitute had not yet been adopted. SB 2615 was presented as a way to ensure more consistent in-person staffing expectations while preserving exceptions for illness, disability, and some non-teaching roles; it too was left pending. The committee then recessed subject to the call of the chair.

Transcript Highlights:

• One of our experienced certified student loan counselors assisted Jack in gathering loan details and
• those are student loan those are student loan certified<00:04:02.959> in<00:04:03.200>
• assistance from our student loan assistance from our student loan counselors<00:04:27.160> is
• experienced certified student loan experienced certified student loan counselors<00:04:35.600>
• loan debt.

Keywords: 1183, house

Transcript Highlights:

• those loans?
• the loan contracts and those agreements. the loan contracts and those agreements.
• who has signed those loan agreements. who has signed those loan agreements.
• If I get a second, I’ll explain. financial aid, comma, loans. financial aid, comma, loans.
• and and state loan investment board. and and state loan investment board.

Keywords: 916, all

Transcript Highlights:

• The bank gives the Reduced loan and the borrower repays the bank.
• So we're looking at this as a loan to a business for its infrastructure needs.
• This will benefit both the public and the private sector of education by making these low-interest loans
• So if they otherwise met the parameters of the loan program, yes, and an institution wanted to lend to
• The state is making these low-interest loans available through qualifying lenders.

Bills: HB1590, HB1242, HB3818, HB4305

Keywords: education funding, linked deposits, education infrastructure, charter schools, nonprofit organizations, Oklahoma Education Infrastructure Program, HB1242, cervidae, deer, elk, sales tax exemption, agricultural exemption, livestock, ranching, farm tax, agricultural sales tax, Oklahoma Tax Commission, agriculture, producer sales, private treaty

Transcript Highlights:

• , or loan forgiveness.
• And once we've determined that they're eligible for loan forgiveness, then we give them a loan forgiveness
• And we do cap our loan forgiveness at 75% of eligible...
• We do cap our loan forgiveness at 75% of eligible costs.
• And so these loans do need to be repaid.

Keywords: 908, all

Transcript Highlights:

• that doesn't know what 30% loans are.
• through traditional means, like an equity loan or a home equity loan or a second mortgage to pay for
• Because otherwise you're going to have to go out and get another loan like that.
• Because otherwise you're going to have to go out and get another loan like that.
• contracts with ICE ineligible for state-funded grants and loans.

Keywords: 987, senate, all

Summary: The committee heard several bills focused on wildfire resilience, local land use, and transparency. SB 911 by Senator Becker would require notification to fire agencies when a home in a high fire severity zone is sold with an agreement to bring it into defensible-space compliance; the California Association of Realtors said it would drop opposition if the bill is amended to use the preliminary change of ownership report, and the bill passed 4-0 to Appropriations. SB 994 by Senator Cabaldon would bar local officials from entering nondisclosure agreements that prevent them from sharing information with the actual elected decision-makers of a city or county; supporters framed it as a transparency measure, local-government concerns were raised about personnel/separation agreements, and it passed 4-0 to Appropriations as amended. SB 1041 by Senator Arreguín would expand access to PACE financing for wildfire home-hardening improvements and add consumer protections, hardship relief, and reporting requirements. Supporters, including Renew Financial and Cal Fire Local 2881, argued it would help homeowners finance roofs, vents, and other fire-safety upgrades, while opponents from homeowner advocates, county treasurers, bankers, mortgage lenders, and consumer groups warned about abusive sales practices, high costs, liens surviving fire or bankruptcy, and risks to vulnerable homeowners. After extensive debate, the bill passed 3-2 to Appropriations as amended and remained on call. SB 1075 by Senator Reyes would require local governments in AB 617 communities to consider air-quality impacts and related emissions-reduction plans when approving certain commercial and industrial land uses. Environmental justice groups supported the bill as a way to make AB 617 implementation more meaningful, while the Chamber of Commerce, counties, cities, planners, builders, and several industry groups opposed it as duplicative of CEQA, a litigation risk, and a barrier to investment and jobs. The committee approved it 3-2 to Appropriations as amended, also on call. SB 958 by Senator Atkins would facilitate the Midway Rising redevelopment project in San Diego, shifting from a CEQA exemption to prospective guidance on height-related impacts; supporters said it would deliver thousands of homes, including affordable units, and the bill passed 3-0 to Appropriations, remaining on call. The committee also discussed SB 1182 by Senator Allen, which would require local governments to consider insurance availability in safety planning for development in fire-prone areas; the discussion centered on whether insurance access should be part of land-use decisions, but no vote was taken in the portion provided.

Transcript Highlights:

• Lost like a couple employees, and we maxed out credit cards, got loans, personal loans to pay the bills
• ,<01:04:20.480> loan small business emergency loans, loan small business emergency loans,
• I heard like the loan guarantees.
• ,<01:04:57.839> grants,<01:04:58.319> loans, package of loans, grants, loans, package
• <01:32:14.320> capital million risk to our CDFI loan capital million risk to our CDFI loan

Keywords: 1187, senate, all

Transcript Highlights:

• Since 2015, Black and Latino borrowers have received conventional mortgage loan originations at roughly
• , the loans that go disproportionately to borrowers of color.
• I get like six phone calls a day from some loan that I've never signed up for.
• We will remove the borrower consent requirement from loan servicing transfers.
• Lenders and brokers of small business loans are required to get a license under the CFL.

Keywords: 987, senate, all

Transcript Highlights:

• Of all the loans made, I think there's been about 24 of them. Only three remain open.
• Is this only loan money, or is this grant money? Please, Madam Chair, Mr.
• Chairman—it's a loan program.
• services for a payment of a portion of the loan.
• I am curious what the average loan amount...

Bills: SB21, SB42, SB81, SB101, SB139

Keywords: SB 21, Medicare supplement, Medigap, open enrollment, guaranteed issue, birthday month enrollment, health insurance, insurance regulation, senior health coverage, elderly, retiree, Medicare beneficiaries, preexisting conditions, underwriting restrictions, premium discrimination, New Mexico insurance law, superintendent of insurance, health care coverage, policy portability, healthcare

Transcript Highlights:

• We do 5% down 30-year loans.
• We also do home loans for veterans, so if you have a VA loan, for example, that's just means you have
• That guarantee come to us and we've got below-market-rate loans, 30-year fixed-rate loans.
• And you can get a loan. Loan up to $25,000 generally.
• So the veterans get loans that qualify for our program, and we use the bonds to purchase those loans.

Keywords: 1184, house, all

Transcript Highlights:

• Um you know 50% grant a grant and loan.
• Um, for ag, there is no equivalent loan program.
• projects, we do not do any loans projects, we do not do any loans anymore.<00:17:36.559> Um,<
• <00:19:13.280> associated there's any kind of a loan associated there's any kind of a loan
• and ensure that they can make their loan and ensure that they can make their loan payments<00:19

Bills: HB0078, HB0087, SF0070, SF0068, SF0017, SF0043

Keywords: forest health, grant program, state forester, wildfire prevention, environmental conservation, habitat improvement, water development, feasibility studies, appropriations, water management, rehabilitation, irrigation, public works, agricultural supply, municipal water, funding, maintenance projects, tax assessments, state law, forestry management

Transcript Highlights:

• When the offer is accepted, the lender is processing and underwriting that loan.
• And the lender will then reserve the loan in our system at the commission. And a...
• , again, just like any other loan.
• a Covenant home loan.
• I mean, that's when they gave us the range of homes that had been loaned out.

Summary: The Senate Housing Committee heard a series of work-session presentations focused on transit-oriented development, commercial-to-residential redevelopment, building code implementation, housing market trends, and the Covenant Homeownership Program. The first presentation, from the Urban Institute, reviewed research on HB 1491 and TOD feasibility, arguing that Washington has made major progress but faces diverging conditions across transit areas. The presenter said rising construction costs, higher interest rates, and lower rents in some markets have made many projects less feasible, and recommended targeted infrastructure funding for lower-market communities, adjustments to MFTE and affordability requirements by local market conditions, more support for very low-income housing in high-market transit areas, minimum density standards near stations, expanded public land/joint development tools, and better tracking of TOD outcomes over time. Committee members asked about AMI calculations, immigration’s effect on construction labor, developer input, and whether a tracking mechanism had been removed from the bill. The Department of Commerce then outlined implementation of HB 1491 and demonstrated the new Washington Zoning Atlas, which is live and intended to help visualize zoning, overlays, and station-area conditions. Commerce said local governments will designate station areas, update zoning and MFTE policies, and handle anti-displacement measures, with Vancouver and Spokane first to implement and Puget Sound following later. Staff described a timeline for updated MFTE guidance, station-area implementation guidance, a TOD model ordinance, and later rulemaking on variances. The committee also heard from the Lieutenant Governor’s office on a report about converting commercial properties to housing, which found substantial potential for redevelopment on vacant or underused commercial land, especially near transit, but noted barriers such as ground-floor retail mandates, affordability requirements, infrastructure costs, private covenants, and slow implementation. The office urged by-right residential use on commercial land and faster rollout of new housing laws. The State Building Code Council updated the committee on its three-year code cycle and several legislatively directed actions, including minimum dwelling size, emergency shelters, and especially single-exit stairs and multiplex housing. Council staff said those code changes are nearing completion and will provide prescriptive solutions, while noting that elevator size and requirements were not changed and would require separate legislative direction if the committee wanted to revisit them. Members discussed the cost impacts of building and energy codes and the council said it is required to consider economic impacts and is increasingly looking at performance-based approaches. Later, the Washington Center for Real Estate Research presented its annual housing report, showing that higher mortgage rates have sharply reduced affordability, flattened house prices in many cities, and slowed single-family permitting and completions, while multifamily construction has recently cooled after a prior surge. Finally, the Washington State Housing Finance Commission reported strong first-year results for the Covenant Homeownership Program, which provides zero-interest down payment assistance to eligible first-time buyers with family ties to Washington before 1968; the program assisted 547 homebuyers in its first fiscal year, with more than $60 million loaned, and the agency said participation has continued to grow after income-limit changes enacted in 2025.

Transcript Highlights:

• So, this even make a 7A loan.
• Last year alone, the program issued over 1,000 loans worth nearly $200 million, with an average loan
• Last year alone, the program issued over 1,000 loans worth nearly $200 million, with an average loan
• Small and new businesses often require small-dollar loans, not million-dollar loans.
• Small and new businesses often require small-dollar loans, not million-dollar loans.

Keywords: U.S. House of Representatives Floor Proceedings on Thursday, June 5, 2025, 1012, house, all

Transcript Highlights:

• This is a forgivable loan.
• pro uh provisions that are in this loan pro uh provisions that are in this loan agreement.<00:42
• <00:51:42.640> is to be a cash repayment and the loan is to be a cash repayment and the loan
• ><00:52:35.359> as<00:52:35.520> I understand the loan agreement, as I understand the loan
• Elements to address some of those loans Elements to address some of those loans that<01:02:26.079

Keywords: Meeting start 00:00:00 Discussion of Nickels and School Facility Funding 00:02:13 Economic Development Projects in Elizabethtown and Hopkinsville 00:29:33 Correspondence and Reports Received 01:09:25, 958, all

Summary: The committee received an informational presentation from the Kentucky Department of Education and the School Facilities Construction Commission on school facilities funding. Staff explained the main funding sources used for school construction and renovation, including the mandatory “nickel” property tax levy, growth and equalized growth nickels, the equalized facility funding nickel, the Fort Knox/BRAC-related nickel for Hardin County, and the recallable nickel that districts can adopt locally. They also described the state equalization formula, noting that local construction costs have risen and that state support is formula-driven rather than a dollar-for-dollar match. The SFCC outlined how unmet facility need is calculated through district facility plans, which are developed locally with community, staff, and board input and then reviewed by KDE staff for consistency and reasonableness. The commission said it will update the statewide unmet need report this fall, adopt it in December, and provide the figure to the committee in January 2026. It reported that the statewide unmet facility need was about $7 billion in 2023, with about $951 million in local revenue available, and said its offers of assistance are paid as debt service over eight years. The commission also said the most recent legislative offer of assistance was its smallest since SFCC’s creation in 1985, and requested an additional $60 million for the next biennium. Members asked about how districts use nickel tax levies, who determines facility need, whether the process includes physical inspections, and how bonding capacity affects offers of assistance. Staff said nickel levies are generally adopted with regular tax rates, that facility need is locally developed but reviewed by KDE, and that KDE project managers and district-hired architects review plans on paper rather than through in-person inspections. They also explained that bonding capacity can affect a district’s ability to use or receive assistance. Questions were also raised about federal funds tied to earlier KIX grants and about districts with zero remaining offers of assistance; staff said most grant-funded projects are underway or complete, and that a zero balance means a district has spent its available assistance. No votes or formal actions were taken.

Transcript Highlights:

• With that loan, everything seemed to get better.
• . student loans.
• It's cool loans that the bank wasn't willing.
• Have you ever heard of such a thing as loan forgiveness from banks?
• They look very hard at each loan, and they analyze the credit.