Provide duties for the Nebraska Investment Finance Authority and change reporting requirements under the Nebraska Affordable Housing Act

LB 1246 modifies reporting requirements for Nebraska's Affordable Housing Trust Fund and defines duties for the Nebraska Investment Finance Authority. It requires the Authority to submit monthly financial reports detailing public fund transactions to state officials, including budget administrators and economic development directors. For affordable housing projects, the bill mandates that the Department of Economic Development disburse 80% of grant funds upfront (July 1, 2026) and 20% upon completion, while requiring recipients to submit quarterly reports on fund usage starting October 1, 2025. Failure to submit reports may result in disqualification from future funding. The bill directly affects housing developers receiving trust funds, the Department of Economic Development, and the Investment Finance Authority.