LD 1790 LR 2790(02)
An Act To Designate Maine State Housing Authority To Receive Funds from the National Housing Trust Fund
Fiscal Note for Bill as Engrossed with:
No Amendments
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note
No State fiscal impact
Fiscal Detail and Notes
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.