|
|
|
|
|
|
|
|
131st MAINE LEGISLATURE |
|
|
LD 1540 |
|
LR 1790(02) |
|
|
|
An Act to Create
the Stable Home Fund Program |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Housing |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$15,000,000 |
$15,000,000 |
$0 |
$0 |
|
|
|
|
|
|
|
| Appropriations/Allocations |
|
|
|
|
|
|
General Fund |
|
$15,000,000 |
$15,000,000 |
$0 |
$0 |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
This bill
includes one-time General Fund appropriations of $15,000,000 per year in
fiscal year 2023-24 and fiscal year 2024-25 to a newly established Stable
Home Fund within the Maine State Housing Authority (MSHA) for a 2-year pilot
program designed to provide support for eviction prevention. The bill authorizes MSHA to delegate the
administration of the pilot program to a municipal housing authority,
community action agency or other qualified entity and limits the
administrative costs that can be paid from the fund to 12% or less of the
distributions received from the fund. |
|
|
|
|
|
|
|