The bill appropriates funds 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 to assist in implementing housing programs.
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 a portion of the funds is allocated for administrative costs while supporting the overarching goal of enhancing housing availability in the state.