Enrolled Copy H.C.R. 14 1 House Concurrent Resolution Supporting Streamlining Utah Housing Policies 2025 GENERAL SESSION STATE OF UTAH Chief Sponsor: Stephen L. Whyte Senate Sponsor: Lincoln Fillmore 2 3 LONG TITLE 4 General Description: 5 This resolution supports streamlining housing policies. 6 Highlighted Provisions: 7 This resolution: 8 ▸ supports streamlining housing policies; 9 ▸ recognizes the housing attainability crisis in Utah and the need for efficient state efforts; 10 and 11 ▸ supports beginning to identify programs and funding to consolidate during the 2025 12 interim. 13 Money Appropriated in this Bill: 14 None 15 Other Special Clauses: 16 None 17 18 Be it resolved by the Legislature of the state of Utah, the Governor concurring therein: 19 WHEREAS, Utah's economy is consistently ranked among the best in the nation; 20 WHEREAS, Utah is currently experiencing unprecedented population growth; 21 WHEREAS, the population growth increasing the demand for housing, combined with a 22 decreasing supply of homes for sale and high interest rates, is causing an attainable 23 homeownership shortage; 24 WHEREAS, the Office of the Legislative Auditor General published a housing policy audit 25 (audit) in November 2023; 26 WHEREAS, the audit made recommendations on how to improve the housing crisis 27 through state-wide goals, incentives, and penalties for noncompliance; 28 WHEREAS, addressing the attainable homeownership crisis is a top policy priority for H.C.R. 14 Enrolled Copy 29 leaders across the state; 30 WHEREAS, the Governor is committed to building 35,000 starter homes in Utah in four 31 years to address the ongoing issue; 32 WHEREAS, the Legislature is dedicated to addressing the housing shortage and passing 33 new housing-related policies every session; 34 WHEREAS, legislative efforts are spread throughout the state code, making housing the 35 responsibility of a multitude of departments within the state government, such as: 36 •the Moderate Income Housing Plan, which is the responsibility of municipalities and 37 counties; 38 •the Housing and Transit Reinvestment Zone and First Home Investment Zone, which are 39 the responsibility of the Governor's Office of Economic Opportunity; 40 •the Commission on Housing Affordability, which is supported by the Division of 41 Housing and Community Development under the Department of Workforce Services; and 42 •the First Time Homebuyer Assistance Program, which is administered by the Utah 43 Housing Corporation; 44 WHEREAS, new efforts are combined with existing programs including the Olene Walker 45 Housing Loan Fund and the Low-Income Housing Tax Credit, among others; 46 WHEREAS, to meet the state's goals, implement recommendations of the audit, create 47 government efficiency, and reduce duplication of services and confusion, the housing-related 48 policy efforts should be combined; 49 WHEREAS, streamlining housing efforts reduces confusion for political subdivisions, state 50 government, and stakeholders; and 51 WHEREAS, streamlining housing-related policies will be a multi-year process and will 52 require careful planning in regard to programs, funding, and staffing and the process should 53 not be delayed: 54 NOW, THEREFORE, BE IT RESOLVED that the Legislature of the state of Utah, the 55 Governor concurring therein, supports consolidating housing policies to more efficiently and 56 effectively address the attainable homeownership shortage, implement recommendations from 57 the 2023 housing policy audit, reduce redundancy, and streamline government. 58 BE IT FURTHER RESOLVED that the Legislature and the Governor will involve 59 stakeholders in the process of identifying programs to consolidate. 60 BE IT FURTHER RESOLVED that the Legislature and the Governor commit to begin the 61 process of identifying programs for streamlining during the 2025 interim. - 2 -