The bill appropriates funds to support the Department of Economic Development for the fiscal years 2025-26 and 2026-27. Specifically, it allocates $250,000 from the Middle Income Workforce Housing Investment Fund for FY2025-26, while no funds are designated for FY2026-27.
Additionally, the bill stipulates that no expenditures for permanent and temporary salaries and per diems for state employees shall be made from the appropriated funds. This provision ensures that the allocated funds are strictly used for the intended purpose of aiding the workforce housing program rather than administrative costs.