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2025 Session

Budget Amendments - HB1600 (Floor Approved)

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Urban Public-Private Partnership Redevelopment Fund

Item 103 #4h

Item 103 #4h

First Year - FY2025 Second Year - FY2026
Commerce and Trade
Department of Housing and Community Development FY2025 $4,200,000 FY2026 $0 GF

Language
Page 111, line 49, strike "$150,752,325" and insert "$154,952,325".

Page 121, after line 18, insert:

"AA. Out of this appropriation, $4,200,000 the first year from the general fund is provided for the Urban Public-Private Partnership Redevelopment Fund in accordance with the provisions of House Bill 1702 of the 2025 General Assembly Session. Of the amounts in this paragraph, $200,000 is provided to the department for program administration."



Explanation

(This amendment provides $4.2 million to capitalize the Urban Public-Private Partnership Redevelopment Fund.)