AN ACT APPROPRIATING FUNDS FOR THE DEVELOPMENT OF AFFORDABLE HOUSING.

HB 5811 appropriates $200 million from the General Fund for the Department of Housing to develop housing projects consisting solely of affordable units during fiscal year 2026. The bill directs the Commissioner of Housing to use these funds exclusively for creating new housing developments where all units are affordable. It does not establish new eligibility rules or alter existing housing programs, but instead allocates specific funding for 100% affordable housing construction. This funding mechanism directly affects the Department of Housing and future residents of the newly developed housing projects.