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Budget Recommendations

Department of Housing and Community Development

Department of Housing and Community Development
    Department of Housing and Community Development
Account Description
FY06
GAA
FY07
House 2
 
Interest Subsidies for Private Development of Affordable Housing  
   7004-9201   For interest subsidies for the private development of affordable housing; provided, that notwithstanding any general or special law to the contrary, no new commitments shall be entered into during fiscal year 2007 for said fiscal year or any subsequent fiscal years; and provided further, that funds may be allocated by said agency to its existing interest subsidy contracts in a manner as it may determine necessary to maximize the preservation of existing affordable housing units throughout the commonwealth 5,500,000 5,500,000