The proposed bill, General Assembly Proposed Bill No. 5811, seeks to appropriate a total of two hundred million dollars from the General Fund to the Department of Housing for the fiscal year ending June 30, 2026. This funding is intended to enable the Commissioner of Housing to develop housing projects that consist entirely of affordable units, thereby addressing the need for affordable housing in the community.

The bill does not contain any deletions from current law but introduces new legal language to facilitate the appropriation of funds specifically for the development of one hundred percent affordable housing projects. The primary goal of this legislation is to enhance the availability of affordable housing options for residents.