The bill proposes a financial allocation for CAPI USA to support its homeownership education and financial counseling program. It includes a transfer of $200,000 from the general fund to the housing development fund for both fiscal years 2026 and 2027, marking this as a one-time transfer.
Additionally, the bill appropriates $200,000 from the housing development fund to the commissioner of the Housing Finance Agency for the same two fiscal years, specifically for a grant to CAPI USA. This appropriation is also designated as a one-time funding measure aimed at enhancing homeownership education and financial counseling services provided by CAPI USA.