SB264 — An Act relating to the housing assistance loan program; repealing the home ownership assistance fund; repealing the operating loss reserve account; repealing the restricted title loss reserve account; and providing for an effective date.

SB264 — An Act relating to the housing assistance loan program; repealing the home ownership assistance fund; repealing the operating loss reserve account; repealing the restricted title loss reserve account; and providing for an effective date. · Informed CitizenryThis act amends AS 18.56.440, which sets limitations on the use of the housing assistance loan program. The amendments restrict the program from being used to: (1) originate or participate in purch…Open in Informed Citizenry