2013 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Colgan
Housing Trust Fund for Foreclosure Rehabilitation

Item 108 #1s

Item 108 #1s

First Year - FY2013 Second Year - FY2014
Commerce And Trade
Housing and Community Development, Department of FY2013 $0 FY2014 $3,000,000 GF

Page 88, line 39, strike "$47,049,112" and insert "$50,049,112".
Page 89, line 35, strike "$7,000,000" and insert "$10,000,000".
Page 90, after line 17, insert:
"6.  Included in these amounts is $3,000,000 the second year from the general fund to support Foreclosure Rehabilitation Grants to be targeted to those jurisdictions with the highest incidence of foreclosure activity."

(This amendment increases funding in the Housing Trust Fund to $10.0 million GF in the second year and provides $3.0 million of this amount for Foreclosure Rehabilitation Grants.)