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AR HB1090
Bill
Status
4/10/2025
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Appropriates $25,610,916 from cash funds for the Arkansas Development Finance Authority's operations, including $16,341,215 for the HUD HOME Program and $3,400,000 for federal housing programs
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Authorizes a maximum of 55 regular employees across 21 position classifications, plus up to 5 temporary or part-time "Extra Help" employees
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Appropriates $2,313,521 for the Student Loan Authority Division, including $1,673,875 in professional fees
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Allocates $15,000,000 in federal funds for the National Housing Trust Fund Grant program
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Provides $2,296,487 in federal Emergency Solutions Grant funds to assist homeless individuals and families with emergency shelters and rapid re-housing services
Legislative Description
An Act For The Department Of Commerce - Arkansas Development Finance Authority Appropriation For The 2025-2026 Fiscal Year.
Last Action
Notification that HB1090 is now Act 537
4/10/2025