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Appropriations panel amends SB 2225 to include slum-and-blight grants, removes 'equally' matching requirement
Summary
The Appropriations - Government Operations Division amended Senate Bill 2225 on a voice and roll-call vote to add slum-and-blight removal as an allowable use of a $50,000,000 Department of Commerce housing grant and to remove the word "equally" from the statutory matching-funds requirement.
The Appropriations - Government Operations Division amended Senate Bill 2225 on a voice and roll-call vote to add slum-and-blight removal as an allowable use of a $50,000,000 Department of Commerce appropriation and to strike the word "equally" from a matching-funds requirement.
The bill, described in committee as a $50,000,000 appropriation from the SIF Fund for a Housing Opportunities Mobility and Empowerment grant program, would provide grants to political subdivisions to lower the cost of infrastructure development for housing. Committee members debated whether matching funds must be "equally" provided by the three listed sources or whether the language should be more flexible.
Committee chair (unnamed) opened discussion noting the bill "is the $50,000,000, Department of Commerce. 50,000,000 coming from the SIF Fund…
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