2024 Session

Budget Amendments - SB30 (Floor Approved)

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Community Development Financial Institutions Fund

Item 103 #3s

Item 103 #3s

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $4,000,000 FY2026 $0 GF

Page 99, line 40, strike "$127,802,325" and insert "$131,802,325".

Page 104, line 49, strike the first instance of "$150,000" and insert "$4,150,000".


(This amendment provides $4.0 million from the general fund the first year to capitalize the Community Development Financial Institutions Fund to support community deployment of tailored resources, including financing for small business, housing development and rehabilitation projects, and community revitalization real estate projects in the Commonwealth.)