This bill proposes to repeal section 41-3025.06 of the Arizona Revised Statutes and introduces a new section, 41-3029.15, which outlines the future of the Arizona Department of Housing. Under the new provisions, the Department is set to terminate on July 1, 2029, and the relevant title and chapter will be repealed on January 1, 2030. The bill emphasizes the legislature's commitment to addressing affordable housing issues, particularly for low and moderate-income families, special needs populations, and the maintenance of housing quality and safety standards.

Additionally, the bill includes a retroactive application clause, stating that the changes will take effect from July 1, 2025. This means that the implications of the repeal and the establishment of the new section will be recognized from that date, ensuring a smooth transition in the management and oversight of housing issues in Arizona.

Statutes affected:
Introduced Version: 41-3025.06, 41-3029.15