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2024 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Hashmi
Community Development Financial Institutions Fund

Item 115 #1s

Item 115 #1s

 First Year - FY2023 Second Year - FY2024
Commerce and Trade
Department of Housing and Community Development FY2023 $0 FY2024 $3,500,000 GF

Language
Page 24, line 54, strike "$151,560,442" and insert "$155,060,442".

Page 24, line 54, strike "Not set out." and insert:

Amendment Drawn to Chapter 1

Page 119, line 9, strike $1,500,000" and insert "$5,000,000".

Explanation

(This amendment provides $3.5 million GF the second year to capitalize the Community Development Financial Institutions Fund to support additional community development and tailored resources, including financing for housing development and rehabilitation projects, and community revitalization real estate projects in the Commonwealth.)

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Amendment Resources

Committee Resources

  • Committee Website HAC | SFAC 
  • Legislation in Committee HAC | SFAC 

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