131st MAINE LEGISLATURE
LD 1844 LR 1675(02)
An Act to Support Emergency Housing Facility Construction, Renovation and Acquisition Statewide by Creating a Matching Grant 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 $5,000,000 $5,000,000 $5,000,000 $5,000,000
Appropriations/Allocations
General Fund $5,000,000 $5,000,000 $5,000,000 $5,000,000
Other Special Revenue Funds $500 $500 $500 $500
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $5,000,000 per year beginning in fiscal year 2023-24 to a newly established Emergency Housing Matching Grant Program Fund within the Maine State Housing Authority (MSHA) for grants to qualified providers of emergency housing and shelter services for the construction, renovation, or acquisition of a new or existing building in which to provide emergency housing and shelter services.  This bill also includes ongoing base Other Special Revenue Funds allocations of $500 per year beginning in fiscal year 2023-24 to authorize the expenditure of funds in the event monies are received from donations and other public or private sources.  Additional costs to MSHA to administer the program can be absorbed within existing budgeted resources.