131st MAINE LEGISLATURE
LD 724 LR 1995(01)
An Act to Expand Workforce Housing in Rural Maine by Funding the Maine State Housing Authority's Rural Affordable Rental Housing Program
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Reny of Lincoln
Committee: Housing
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $10,000,000 $10,000,000 $0 $0
Appropriations/Allocations
General Fund $10,000,000 $10,000,000 $0 $0
Fiscal Detail and Notes
This bill includes one-time General Fund appropriations of $10,000,000 per year in both fiscal year 2023-24 and fiscal year 2024-25 to the Maine State Housing Authority's Rural Affordable Rental Housing Program for the development of smaller affordable rental housing projects.