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Utah Expands Housing Investment Program to Include Multi-Family Developments and Municipal Shelter Financing

Original title: Utah Homes Investment Program Amendments

Last action · March 6, 2026: Senate/ filedSponsors: Keven Stratton and 1 other

Introduced
Committee
Floor Vote
Passed
Law

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Proposed

Official description

This bill modifies provisions related to the Utah Homes Investment Program.

Why it matters

The measure alters how state funds are deployed for residential construction and home rehabilitation, directly affecting municipal financing options, housing developers, and credit unions across participating Utah jurisdictions.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

Housing developers

Developers gain eligibility for loan financing through qualified depositories for a broader array of project types, including multi-family housing and acquisitions.

Directly affected

Qualifying cities

Municipalities with eligible shelters or first and second-class cities can participate in the program to acquire single-family homes, operate low-interest loan programs, and obtain program financing.

Directly affected

State and federally chartered credit unions

Credit unions are granted an exception to standard borrower membership requirements when making loans for qualified program projects.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What new types of housing projects are covered under the expanded program?
The bill adds multi-family housing development projects, s, the acquisition of housing development projects meeting specified criteria, and city-operated low-interest loan programs for income-eligible homeowners making home improvements.
When does the program now expire?
The repeal date for the Utah Homes Investment Program has been extended by one year to July 1, 2029.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · passed the Senate · on the House floor.

Procedural history

40 actions
  1. Mar 6, 2026Senate
    Senate/ filed
  2. Mar 6, 2026Senate
    Senate/ strike enacting clause
  3. Mar 4, 2026House
    House/ to Senate
  4. Mar 4, 2026House
    House/ failed
  5. Mar 4, 2026House
    House/ 3rd reading
  6. Mar 4, 2026House
    House/ 2nd reading
Show 34 earlier actions
  1. Mar 4, 2026House
    House/ Rules to 3rd Reading Calendar
  2. Mar 4, 2026Released
    LFA/ fiscal note publicly available for SB0277S02
  3. Mar 3, 2026Version Sponsor
    LFA/ fiscal note sent to sponsor for SB0277S02
  4. Mar 3, 2026Legislative Fiscal Agency
    LFA/ bill sent to agencies for fiscal input for SB0277S02
  5. Mar 3, 2026Legislative Fiscal Analyst
    LFA/ bill assigned to staff for fiscal analysis for SB0277S02
  6. Mar 2, 2026Released
    LFA/ fiscal note publicly available for SB0277S01
  7. Mar 2, 2026House
    House/ return to Rules due to fiscal impact
  8. Mar 2, 2026House
    House/ comm rpt/ substituted
  9. Feb 28, 2026Version Sponsor
    LFA/ fiscal note sent to sponsor for SB0277S01
  10. Feb 27, 2026House
    House Comm - Favorable Recommendation
  11. Feb 27, 2026House
    House Comm - Substitute Recommendation
  12. Feb 27, 2026Legislative Fiscal Agency
    LFA/ bill sent to agencies for fiscal input for SB0277S01
  13. Feb 27, 2026Legislative Fiscal Analyst
    LFA/ bill assigned to staff for fiscal analysis for SB0277S01
  14. Feb 26, 2026HouseCommittee
    House/ to standing committee
  15. Feb 25, 2026HouseIntroduced
    House/ 1st reading (Introduced)
  16. Feb 25, 2026House
    House/ received from Senate
  17. Feb 25, 2026Senate
    Senate/ to House
  18. Feb 25, 2026SenateFloor
    Senate/ passed 3rd reading
  19. Feb 25, 2026Senate
    Senate/ 3rd reading
  20. Feb 24, 2026SenateFloor
    Senate/ passed 2nd reading
  21. Feb 24, 2026Senate
    Senate/ 2nd reading
  22. Feb 17, 2026Senate
    Senate/ placed on 2nd Reading Calendar
  23. Feb 17, 2026Senate
    Senate/ committee report favorable
  24. Feb 17, 2026Senate
    Senate/ received fiscal note from Fiscal Analyst
  25. Feb 13, 2026Released
    LFA/ fiscal note publicly available for SB0277
  26. Feb 13, 2026Senate
    Senate Comm - Favorable Recommendation
  27. Feb 11, 2026Version Sponsor
    LFA/ fiscal note sent to sponsor for SB0277
  28. Feb 10, 2026SenateCommittee
    Senate/ to standing committee
  29. Feb 10, 2026SenateIntroduced
    Senate/ 1st reading (Introduced)
  30. Feb 9, 2026Senate
    Senate/ received bill from Legislative Research
  31. Feb 9, 2026Legislative Fiscal Agency
    LFA/ bill sent to agencies for fiscal input for SB0277
  32. Feb 9, 2026Legislative Fiscal Analyst
    LFA/ bill assigned to staff for fiscal analysis for SB0277
  33. Feb 9, 2026Legislative Research and General Counsel
    Numbered Bill Publicly Distributed
  34. Feb 9, 2026Legislative Research and General Counsel
    Bill Numbered but not Distributed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

Broadening of Housing Investment Scope

The state is shifting its investment program from strictly new construction single-family homes to include multi-family housing, rental projects, and municipal shelter areas.

Connected Entities

Val L. Peterson, Keven J. Stratton, Legislative Management Committee and 1 more
PersonVal L. Peterson“House Sponsor”Map →
PersonKeven J. Stratton“Chief Sponsor in the Senate”Map →
OrganizationLegislative Management Committee“Recipient of program annual reports and economic studies”Map →
OrganizationUtah Housing Corporation“Qualified depository and housing corporation acting under Title 63H”Map →

Sources

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 65)
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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