132nd MAINE LEGISLATURE
LD 916 LR 2227(02)
An Act to Promote Investment in Housing
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Housing and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Appropriations/Allocations
Other Special Revenue Funds $0 $500 $500 $500
Fiscal Detail and Notes
This bill establishes the Middle-income Housing Support Program and Middle-income Housing Support Fund in the Maine State Housing Authority (authority). This bill includes ongoing Other Special Revenue Funds base allocations of $500 per year beginning in fiscal year 2026-27 to the Middle-income Housing Support Fund to authorize the expenditure of any funding received from public and private sources. Any additional costs to the authority to implement the provisions of this bill are anticipated to be minor and can be absorbed within existing budgeted resources.