technical correction; housing trust fund

Summary

The bill updates the rules for Arizona’s housing trust fund, specifying how money from unclaimed property, transfers and investment earnings can be used. It prioritizes funding for emergency shelters, transitional housing, and facilities for the seriously mentally ill, and requires annual reporting and a cap on administrative expenses. The changes affect low‑ and moderate‑income households, especially those with children, and local governments that may be consulted on projects.

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