AN ACT REQUIRING THE ESTABLISHMENT OF THE LEARN HERE, LIVE HERE PROGRAM, INCREASING THE ANNUAL EXPENDITURE ON SUCH PROGRAM AND MAKING SUCH PROGRAM AVAILABLE TO CERTAIN INDIVIDUALS.

SB 33 establishes the "Learn Here, Live Here" program, requiring the Commissioner of Economic and Community Development to create it with an annual budget of up to $5 million. The program targets individuals with an annual federal adjusted gross income of $75,000 or less. Key provisions include setting a funding cap of $5 million per year and restricting eligibility to low-income residents based on income thresholds. This bill directly affects qualifying low-income residents seeking housing support within the state.