Senate File 488 S-3340 Amend Senate File 488, as passed by the Senate, as follows: 1 1. Page 1, by striking lines 1 through 29. 2 2. Page 1, line 35, by striking < twenty thirty > and 3 inserting < twenty > 4 3. Page 2, line 2, by striking < ten > and inserting < five > 5 4. Page 2, line 4, after < 15.352 > by inserting < , that are 6 registered on or after July 1, 2017 > 7 5. Page 2, after line 34 by inserting: 8 < Sec. ___. Section 15.353, subsection 3, paragraph b, Code 9 2017, is amended to read as follows: 10 b. (1) The average dwelling unit cost does not exceed 11 two hundred fifty thousand dollars per dwelling unit if the 12 project involves the rehabilitation, repair, redevelopment, 13 or preservation of property described in section 404A.1, 14 subsection 8 , paragraph “a” . 15 (2) The average dwelling unit cost for the project does not 16 exceed two hundred fifteen thousand dollars per dwelling unit 17 if the project is located in a small city. > 18 6. Title page, by striking lines 2 and 3 and inserting 19 < program by requiring allocations to certain > 20 7. Title page, line 4, by striking < projects, and by 21 increasing > and inserting < projects and by increasing the 22 allowable average dwelling unit cost and > 23 ______________________________ RANDY FEENSTRA -1- SF488.2457 (2) 87 aw/rj 1/ 1 #1. #2. #3. #4. #5. #6. #7.