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Treasurer supports $15M transfer for workforce housing; unclaimed property and cybersecurity requests small
Summary
The State Treasurer told the Joint Finance‑Appropriations Committee the governor recommends a $15 million transfer from the general fund to the Idaho Workforce Housing Fund for gap financing through the Idaho Housing and Finance Association, and that a prior $50 million allocation was issued as loans to be revolved.
Christopher Lahoset, budget and policy analyst with the Legislative Services Office, briefed the Joint Finance‑Appropriations Committee on the State Treasurer’s FY26 budget and related fund activity.
Lahoset summarized the treasurer’s statutory duties — custodian of public school endowments, state banker, investor of surplus funds and administrator of unclaimed property — and drew attention to the abandoned property trust fund, which is used to pay costs of enforcing unclaimed property law; Idaho Code Article 14, §5801 directs excess funds above…
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