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132nd MAINE LEGISLATURE |
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LD 1569 |
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LR 2189(01) |
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Resolve, to
Direct the Department of Economic and Community Development to Form a
Stakeholder Group to Analyze and Improve Home Repair Funding Programs in the
State |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Kessler of South Portland |
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Committee: Housing and Economic Development |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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$100,000 |
$0 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$100,000 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The Department of
Economic and Community Development has indicated that it will require a
one-time General Fund appropriation of $100,000 in fiscal year 2025-26 to
contract with a subject matter expert to oversee the work of the stakeholder
group established to analyze efforts within the State to fund home repair
programs and provide general funds for homeowners in need of home repairs. |
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Additional costs
to the Maine State Housing Authority and the Department of Health and Human
Services associated with serving on the stakeholder group can be absorbed
within existing budgeted resources. |
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