This bill proposes appropriations to support housing initiatives in Nebraska for the fiscal years 2025-26 and 2026-27. Specifically, it allocates $97,030 from the Middle Income Workforce Housing Investment Fund and $103,200 from the Affordable Housing Trust Fund for FY2025-26, and $118,110 from the Middle Income Workforce Housing Investment Fund and $126,410 from the Affordable Housing Trust Fund for FY2026-27. These funds are designated for the Department of Economic Development, specifically for Program 601, to aid in legislative efforts during the First Session of 2025.
Additionally, the bill stipulates that total expenditures for permanent and temporary salaries and per diems from the appropriated funds shall not exceed $103,520 for FY2025-26 or $138,030 for FY2026-27. This ensures that the allocated funds are managed effectively and within specified limits, promoting accountability in the use of state resources for housing development.