Not later than October 1, 2021, and not later than October 1 of each year thereafter, the bill requires the division of housing (division) in the department of local affairs to prepare a public report that specifies the total amount of money that:
- The division or the state housing board (board) received from any federal, state, other public, or any private source during the prior fiscal year; and
- The division or the board expended from state funding during the prior fiscal year to make an award in the form of a grant or loan to promote the provision of affordable housing.
The bill identifies various items the report must address. The report shall be posted on the division's website and shared with the board and the general assembly.
(Note: This summary applies to this bill as introduced.)