An Act To Designate Maine State Housing Authority To Receive Funds from the National Housing Trust Fund

Emergency preamble. Whereas,  acts and resolves of the Legislature do not become effective until 90 days after adjournment unless enacted as emergencies; and

Whereas,  the Maine State Housing Authority is being designated by this legislation as the entity to receive and allocate funds from the National Housing Trust Fund established by the federal Housing and Economic Recovery Act of 2008; and

Whereas,  it is possible that funds from the National Housing Trust Fund will be available before the general effective date of legislation enacted in the Second Regular Session of the 126th Legislature; and

Whereas,  it is in the State's best interest to have the Maine State Housing Authority designated as the entity to receive and allocate these funds as soon as possible so that when the funds are available there will be an entity to receive the funds; and

Whereas,  in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Sec. 1. State designee for National Housing Trust Fund. The Maine State Housing Authority is designated as the entity to receive and allocate funds from the National Housing Trust Fund established by the federal Housing and Economic Act of 2008.

Emergency clause. In view of the emergency cited in the preamble, this legislation takes effect when approved.

SUMMARY

This bill designates the Maine State Housing Authority as the entity to receive and allocate funds from the National Housing Trust Fund established by the federal Housing and Economic Recovery Act of 2008.