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2022 Session

Budget Amendments - HB30 (Committee Approved)

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Level Fund CDFI Program

Item 115 #9h

Item 115 #9h

First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 ($5,300,000) FY2024 ($300,000) GF
FY2023 -1.00 FY2024 -1.00 FTE

Language
Page 97, line 53, strike "$138,480,442" and insert "$133,180,442".
Page 97, line 53, strike "$129,460,442" and insert "$129,160,442".

Page 102, line 37, after "1." strike the remainder of the line.

Page 102, strike line 38.



Explanation

(This amendment removes an additional increase of $5.0 million for the Community Development Financial Institutions Fund, and funding for an additional position to manage this program. The General Assembly provided one-time funding in the amount of $10.0 million to capitalize this fund in the 2021 General Assembly Session.)