131st MAINE LEGISLATURE
LD 1844 LR 1675(06)
An Act to Support Emergency Housing Construction and Renovation Statewide by Creating a Matching Grant Program
Fiscal Note for Bill as Engrossed with:
C "A" (H-586)
S "A" (S-495) to C "A" (H-586)
Committee: Housing
             
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $0 $257,000 $0 $0
Appropriations/Allocations
General Fund $0 $257,000 $0 $0
Other Special Revenue Funds $500 $500 $500 $500
Fiscal Detail and Notes
This bill includes a one-time General Fund appropriation of $257,000 in fiscal year 2024-25 to a newly established Emergency Housing Matching Grant Program Fund within the Maine State Housing Authority (MSHA) for grants to homeless service providers to construct, renovate or acquire new or existing buildings to house the homeless. 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.