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Decision Package
Department of Housing and Community Development (165)
Request Title Establish and capitalize the Disaster Assistance Fund
Biennium 2024-2026
Budget Round Amended Bill
Category Emergencies
Region None
Description

Adds language to create a new statewide fund to address life, safety, and housing disaster-related costs not covered by federal assistance, private donations, or insurance, and subject to appropriation by the General Assembly. Initial capitalization of the Fund comes from the proceeds generated from the Commonwealth's participation in the Regional Green House Gas Initiative auction that occurred in December 2023 in addition to a one-time general fund deposit.

Funding Summary
Object Type FY 2024 FY 2025  
General Fund Dollars $25,000,000 $0  
Nongeneral Fund Dollars $0 $0  
General Fund Positions 0.00 0.00  
Nongeneral Positions 0.00 0.00  
General Fund Transfers $0 $0  
General Fund Revenue $0 $0  
Layoffs $0 $0  
Additions to Balance $0 $0  
Funding Details
By Program Program Code Program Title FY 2024 FY 2025
  458 Housing Assistance Services $25,000,000 $0
By Fund Fund Code Fund Title FY 2024 FY 2025
  01000 General Fund $25,000,000 $0
Authorized Position Details
By Program Program Code Program Title FY 2024 FY 2025


p3_opview - Official Enacted Budget View Operating Bullet Details - 06-20-2025 23:55:41