housing trust fund; appropriation

SB 1489 allocates $200 million from Arizona's general fund to the state's Housing Trust Fund for fiscal year 2025-2026. This funding supports existing affordable housing programs that serve low-income residents and communities. The bill directs the state to use these resources for housing initiatives established under Arizona law, specifically referencing Section 41-3955 of the Arizona Revised Statutes. It provides dedicated financial resources for current housing programs without creating new policies or requirements.