131st MAINE LEGISLATURE
LD 654 LR 759(02)
Resolve, Directing the Finance Authority of Maine to Establish a Pilot Program to Encourage the Development of Accessory Dwelling Units
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 $50,000 $0 $0 $0
Appropriations/Allocations
General Fund $50,000 $0 $0 $0
Fiscal Detail and Notes
This bill includes a one-time General Fund appropriation of $50,000 in fiscal year 2023-24 to the Housing Opportunity Program within the Department of Economic and Community Development for the cost of a consultant to support the work of a stakeholder group established to study methods and develop model policy to encourage the development and construction of accessory dwelling units.
Additional costs to the Governor's Office of Policy Innovation and the Future and the Maine State Housing Authority associated with participating in a stakeholder group regarding accessory dwelling units can be absorbed within existing budgeted resources.