To appropriate money to the Department of Economic Development for the Missouri Housing Development Commission

SB 1 allocates $25 million from Missouri’s General Revenue Fund to the Missouri Housing Trust Fund, which will then provide $25 million to the Missouri Housing Development Commission. This funding directly supports the Commission’s affordable housing programs, including housing subsidy grants or loans for low-income residents. The bill specifies that these funds must be used exclusively for general administration of affordable housing activities and emergency aid. It does not create new policies but authorizes existing state funds to be directed toward housing assistance programs.