On February 27, 2024, Associate Policy Director Dominic Butchko submitted written testimony to the House Appropriations Committee in support of HB 1224- Housing- Community Development Program Act- Funding. This bill requires the Comptroller to distribute $5 million to the Community Development Program Fund, a critical tool in counties’ efforts to enable more affordable housing and neighborhood revitalization.
This bill would provide new resources to further affordable housing development and neighborhood revitalization.
HB 1224 would help to address this production and preservation deficit by providing additional resources to the CDP, which can be used for addressing affordable housing and neighborhood revitalization. Investing in these elements is critical to overcoming the current challenges of the housing market. Counties cannot solve the housing crisis alone and welcome any state support to further this effort.
HB 1224’s cross-file, SB 953, was heard on February 28, 2024 in the Senate Budget and Taxation Committee. Dominic Butchko submitted written testimony in support of this bill.
More on MACo’s Advocacy:
