This bill proposes to update current statutes by appropriating $15,000,000 from the housing trust fund to the Arizona Department of Housing for the fiscal year 2026-2027. The funds are designated for grants aimed at enhancing tribal housing infrastructure and workforce development, which is a new initiative not currently outlined in the statutes.

The bill specifies that the appropriated funds will be utilized for several purposes, including funding essential infrastructure for housing development, supporting apprenticeships and training for tribal members in construction trades, and facilitating partnerships with tribal housing authorities. Additionally, it establishes that this appropriation will not be subject to the lapsing provisions of existing law, ensuring that the funds remain available for their intended use.