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2008 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Colgan
Co-Patron(s): Barker, Edwards, Howell, Locke, Miller Y.B., Peterson, Whipple
Fair Market Rental Assistance Programs

Item 109 #1s

Item 109 #1s

First Year - FY2009 Second Year - FY2010
Commerce And Trade
Housing and Community Development, Department of FY2009 $4,800,000 FY2010 $4,800,000 GF

Language
Page 91, line 12, strike "$45,187,336" and insert "$49,987,336".
Page 91, line 12, strike "$44,987,336" and insert "$49,787,336".
Page 92, line 22, insert
"Out of the amounts appropriated for Housing Assistance Services shall be provided $4,800,000 in the first year and $4,800,000 the second year from the general fund to establish a Rental Assistance Fair Market Rent program."


Explanation
(This amendment establishes a Fair Market Rent Program within the Department of Housing and Community Development. This program would provide rental assistance to fill the gap between 30% of an eligible family's income and fair market rent. This assistance would be limited to three years, and preference would be given to families leaving welfare for work and working families and individuals unable to leave the shelter due to difference between their housing budget and area rents.)