132nd MAINE LEGISLATURE
LD 1287 LR 1976(01)
An Act to Support Workforce Development by Establishing the Housing Stability Fund
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Pres. Daughtry of Cumberland
Committee: Housing and Economic Development
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $1,900,000 $1,900,000 $1,900,000 $1,900,000
Appropriations/Allocations
General Fund $1,900,000 $1,900,000 $1,900,000 $1,900,000
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $1.9 million per year beginning in fiscal year 2025-26 to the Maine State Housing Authority for a newly created Housing Stability Support Program established to provide assistance to eligible renters to prevent eviction.