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Committee reviews Housing Development Assistance grant language; $2 million proposed and criteria require permanent affordability components
Summary
Committee discussed a session‑law housing capital grant program administered by ACCD with $2 million in cash proposed, competitive criteria emphasizing readiness, local support, and permanently affordable units, and lingering questions about overlap with a proposed housing infrastructure revolving loan fund.
The Corrections and Institutions Committee considered a draft session‑law program to create a Housing Development Assistance Grant Program administered by the Agency of Commerce and Community Development (ACCD). The draft in committee would appropriate $2,000,000 in cash for competitive capital grants and sets out detailed criteria for applications.
John Grama, Legislative Council, said the $2,000,000 figure in the draft is a reduction from an earlier $3.1 million proposal. The session‑law approach means the program would be time limited rather than a permanent codified program unless the legislature later decides to codify…
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