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Advocates urge codifying $100 million Community Reinvestment Program, committee hears
Summary
The Ways and Means Committee heard testimony supporting SB 6,275 to make a permanent legislative commitment of $100 million per year to the Community Reinvestment Program, add reporting and independent evaluation, and preserve funding for community‑based organizations and workforce development.
Supporters of the Community Reinvestment Program (CRP) told the Senate Ways and Means Committee on Feb. 2 that making the program permanent and increasing accountability would protect investments that reach historically excluded communities.
Trevor Press, committee staff, described SB 6,275 as a package to update the Community Reinvestment Plan, require Commerce and an Office of Equity partnership to refresh the plan every 10 years, mandate biennial implementation reports beginning June 30, 2027,…
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