Housing Acceleration Fund.

Summary

The bill moves leftover, non‑recurring education scholarship money to two state agencies. $10 million goes to the Housing Finance Agency to provide low‑cost loans for developers building affordable units, and $40 million goes to the Department of Health and Human Services for its Transitions to Community Living program. Each agency may spend up to 3 % of the transferred amount on program administration.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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