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126th MAINE LEGISLATURE |
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LD 1790 |
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LR 2790(01) |
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An Act To
Designate Maine State Housing Authority To Receive Funds from the National
Housing Trust Fund |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Patrick of Oxford |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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| No State fiscal impact |
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| Fiscal Detail
and Notes |
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Designating the
Maine State Housing Authority (MSHA) as the entity to receive and allocate
funds from the National Housing Trust Fund established by the federal Housing
and Economic Recovery Act of 2008 will have no fiscal impact on the State as
the funds will be dispersed directly to MSHA and not through the State. MSHA anticipates receiving approximately
$3.0 million annually to be used to increase and preserve the supply of
rental housing for extremely low and very low income households. |
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