The bill outlines the quarterly reporting requirements for the Residential Assistance for Families in Transition (RAFT) program, as mandated by the Executive Office of Housing and Livable Communities (EOHLC). It specifies that the department must provide detailed reports to the House and Senate Committees on Ways and Means, including data on the number of families applying for and approved for assistance, as well as financial assistance statistics such as minimum, median, and average amounts awarded, and a breakdown of total assistance by income category.
In the latest report for FY2025, Q4, a total of 43,575 households applied for assistance, with 11,975 approved and 8,609 denied. The financial assistance awarded included a minimum of $28, a median of $3,050, and an average of $3,494, totaling $41,851,246.67 for the quarter. The report also breaks down assistance by income categories, indicating that households with incomes at or below 15% of the Area Median Income (AMI) received $16,419,205.74, those with incomes between 16-30% AMI received $11,939,070.34, and households with incomes above 31% AMI received $13,492,970.59.