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2005 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Callahan
Rental Assistance Initiative

Item 110 #2h

Item 110 #2h

First Year - FY2005 Second Year - FY2006
Commerce And Trade
Housing and Community Development, Department of FY2005 $0 FY2006 $2,300,000 GF

Language
Page 93, line 45, strike "$46,548,692" and insert "$48,848,692".


Explanation
(This amendment provides $2.3 million from the general fund in the second year for the initiation of a pilot program to provide rental assistance for working poor families. The amount of rental assistance would be based upon the difference between the fair market rent and 30 percent of a family's income.)