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Advocates press Ways & Means for larger housing investments as governor proposes record capital housing funds
Summary
OFM presented $621 million for housing in the governor's capital proposal. Housing advocates, homeless-service and development groups urged the committee to preserve or increase investments in the Housing Trust Fund, infrastructure grants and project‑level support for affordable and supportive housing.
Jen Masterson, the state's senior capital budget adviser, told the committee the governor's proposal includes $621,000,000 for housing in the capital package.
Housing advocates told the committee that maintaining or increasing trust‑fund and infrastructure allocations is essential to produce new homes and preserve existing affordable units. "This proposal includes a $536,000,000 investment in the Housing Trust Fund that would preserve approximately 1,300 affordable homes and create over 5,000 new…
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