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Report Title: <br />DHS; Affordable Housing; Conveyance Tax; Rates; Exemption; <br />Homeless Services Fund; Affordable Homeownership Revolving Fund; <br />Land Conservation Fund; Rental Housing Revolving Fund; Dwelling <br />Unit Revolving Fund <br />Description: <br />Establishes the Homeless Services Special Fund. Allows counties <br />to apply for matching funds from the Affordable Homeownership <br />Revolving Fund for certain housing projects. Increases the <br />conveyance tax rates for certain properties. Establishes <br />conveyance tax rates for multifamily residential <br />properties. Establishes new exemptions to the conveyance <br />tax. Allocates collected conveyance taxes to the Affordable <br />Homeownership Revolving Fund, Homeless Services Fund and, and <br />Dwelling Unit Revolving Fund. Amends allocations to the Land <br />Conservation Fund and Rental Housing Revolving Fund. Effective <br />7/l/3000. (HD2) <br />The summary description of legislation appearing on this page is for informational purposes only and is <br />not legislation or evidence of legislative intent. <br />