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Housing Funding Wins in the Final FY25/26 State Budget

Following extended budget negotiations, the final biennium state budget was approved by the General Assembly and signed by the Governor on May 13, 2024. In total, housing priorities received $27.45M and $17.325M in additional funding in fiscal year (FY) 25 and FY26, respectively. Although less than hoped for, these increases will expand affordable housing opportunities and bolster housing support service delivery across the Commonwealth. View the chart for a complete chart of all increases to housing-related funding in the final state budget.

 

 

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