Indiana 2025 Regular Session

Indiana Senate Bill SB0454 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	Introduced Version
3	3	SENATE BILL No. 454
4	4	_____
5	5	DIGEST OF INTRODUCED BILL
6	6	Citations Affected: IC 5-20-5.5.
7	7	Synopsis: Whole home repairs program. Establishes the whole home
8	8	repairs program to provide funding to eligible entities to: (1) award
9	9	grants to local homeowners; and (2) make loans available for small
10	10	landlords offering affordable units for rent; for certain home repairs.
11	11	Effective: July 1, 2025.
12	12	Taylor G
13	13	January 13, 2025, read first time and referred to Committee on Appropriations.
14	14	2025 IN 454—LS 7455/DI 137 Introduced
15	15	First Regular Session of the 124th General Assembly (2025)
16	16	PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
17	17	Constitution) is being amended, the text of the existing provision will appear in this style type,
18	18	additions will appear in this style type, and deletions will appear in this style type.
19	19	Additions: Whenever a new statutory provision is being enacted (or a new constitutional
20	20	provision adopted), the text of the new provision will appear in this style type. Also, the
21	21	word NEW will appear in that style type in the introductory clause of each SECTION that adds
22	22	a new provision to the Indiana Code or the Indiana Constitution.
23	23	Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts
24	24	between statutes enacted by the 2024 Regular Session of the General Assembly.
25	25	SENATE BILL No. 454
26	26	A BILL FOR AN ACT to amend the Indiana Code concerning state
27	27	and local administration.
28	28	Be it enacted by the General Assembly of the State of Indiana:
29	29	1 SECTION 1. IC 5-20-5.5 IS ADDED TO THE INDIANA CODE
30	30	2 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE
31	31	3 JULY 1, 2025]:
32	32	4 Chapter 5.5. Whole Home Repairs Program
33	33	5 Sec. 1. As used in this chapter, "affordable unit" means a rental
34	34	6 unit in which the rent is affordable to a tenant at or below sixty
35	35	7 percent (60%) of the median income for the county, adjusted for
36	36	8 household size.
37	37	9 Sec. 2. As used in this chapter, "authority" means the Indiana
38	38	10 housing and community development authority created by
39	39	11 IC 5-20-1-3.
40	40	12 Sec. 3. As used in this chapter, "eligible entity" means either:
41	41	13 (1) a department, division, or office of an executive or
42	42	14 legislative body of a county, including a public housing
43	43	15 authority; or
44	44	16 (2) a nonprofit corporation that serves a county.
45	45	17 Sec. 4. As used in this chapter, "habitability concern" means
46	46	2025 IN 454—LS 7455/DI 137 2
47	47	1 that repairs are necessary to make sure a residential unit is:
48	48	2 (1) fit for human habitation;
49	49	3 (2) free from defective conditions or health and safety
50	50	4 hazards, including asbestos, mold, pests, and lead; or
51	51	5 (3) free of conditions preventing the installation of measures
52	52	6 to improve energy or water efficiency and lower utility costs.
53	53	7 Sec. 5. As used in this chapter, "program" refers to the whole
54	54	8 home repairs program established by section 7 of this chapter.
55	55	9 Sec. 6. As used in this chapter, "small landlord" means a person
56	56	10 who:
57	57	11 (1) is a landlord;
58	58	12 (2) has an ownership stake in no more than:
59	59	13 (A) five (5) properties; or
60	60	14 (B) fifteen (15) rental units; and
61	61	15 (3) rents the properties or rental units under subdivision (2)
62	62	16 for use as primary residences for a fee, regardless of the
63	63	17 length or form of a rental agreement.
64	64	18 Sec. 7. (a) The whole home repairs program is established to
65	65	19 provide funding to eligible entities to award grants to local
66	66	20 homeowners and loans to small landlords for certain home repairs.
67	67	21 (b) The program shall be administered by the authority.
68	68	22 Sec. 8. (a) The authority shall provide funds to eligible entities
69	69	23 that participate in the program.
70	70	24 (b) A county may have no more than one (1) eligible entity
71	71	25 representing the county in the program at any time. The legislative
72	72	26 body of a county must approve an eligible entity's participation in
73	73	27 the program before the authority provides funds to the eligible
74	74	28 entity.
75	75	29 Sec. 9. An eligible entity that receives funds under section 8 of
76	76	30 this chapter shall award grants to homeowners in the county,
77	77	31 subject to the following:
78	78	32 (1) A homeowner is eligible to receive a grant if the
79	79	33 homeowner's household income is not more than eighty
80	80	34 percent (80%) of the median income for the county, adjusted
81	81	35 for household size.
82	82	36 (2) A single grant to a homeowner may not exceed fifty
83	83	37 thousand dollars ($50,000).
84	84	38 Sec. 10. An eligible entity that receives funds under section 8 of
85	85	39 this chapter shall make loans to small landlords offering affordable
86	86	40 units for rent in the county, subject to the following:
87	87	41 (1) A single loan made to a small landlord may not exceed
88	88	42 fifty thousand dollars ($50,000).
89	89	2025 IN 454—LS 7455/DI 137 3
90	90	1 (2) A loan made to a small landlord must be secured by a
91	91	2 recorded mortgage against a residential property owned by
92	92	3 the small landlord.
93	93	4 Sec. 11. (a) An eligible entity may forgive a loan made to a small
94	94	5 landlord under section 10 of this chapter if all of the following
95	95	6 apply:
96	96	7 (1) The small landlord offered a three (3) year extension of a
97	97	8 lease to a tenant occupying a unit when the funds were
98	98	9 accepted by the small landlord.
99	99	10 (2) Annual increases in monthly rent have not exceeded three
100	100	11 percent (3%) of the base rent or the unit has been occupied by
101	101	12 a tenant participating in the housing choice voucher program
102	102	13 for not less than fifteen (15) years.
103	103	14 (3) In the previous fifteen (15) years, the small landlord has
104	104	15 not committed a serious violation with respect to the small
105	105	16 landlord's rental property for which the small landlord has
106	106	17 taken no substantial steps to correct the violation.
107	107	18 (4) The small landlord has maintained ownership of the unit
108	108	19 for not less than fifteen (15) years.
109	109	20 (b) The eligible entity must recapture the amount of a loan not
110	110	21 forgiven under subsection (a) on the terms agreed to in the
111	111	22 mortgage recorded by the eligible entity.
112	112	23 Sec. 12. A homeowner who receives a grant under section 9 of
113	113	24 this chapter and a small landlord who receives a loan under section
114	114	25 10 of this chapter may use the funds received for the following
115	115	26 purposes:
116	116	27 (1) Repairs to address habitability concerns.
117	117	28 (2) Repairs to improve energy or water efficiency.
118	118	29 (3) Repairs to make a unit accessible for individuals with
119	119	30 disabilities.
120	120	31 Sec. 13. In addition to awarding grants under section 9 of this
121	121	32 chapter and making loans under section 10 of this chapter, an
122	122	33 eligible entity must use funds provided by the authority to do the
123	123	34 following:
124	124	35 (1) Implement systems and data management tools designed
125	125	36 to maximize enrollment in all existing home repair programs
126	126	37 administered by nonprofit organizations, governmental
127	127	38 entities, and public utilities.
128	128	39 (2) Invest in workforce development programs that will
129	129	40 connect trainees to jobs related to improving the habitability
130	130	41 and performance of homes, including cash stipends for
131	131	42 trainees and costs related to the design and implementation of
132	132	2025 IN 454—LS 7455/DI 137 4
133	133	1 apprenticeship programs.
134	134	2 Sec. 14. The authority shall adopt rules under IC 4-22-2 to
135	135	3 implement this chapter.
136	136	2025 IN 454—LS 7455/DI 137