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ME LD1287

ME LD1287
An Act to Support Workforce Development by Establishing the Housing Stability Fund


summary

Introduced
03/25/2025
In Committee
03/25/2025
Crossed Over
06/02/2025
Passed
06/25/2025
Dead
Signed/Enacted/Adopted
07/07/2025

Introduced Session

132nd Legislature

Bill Summary

An Act to Support Workforce Development by Establishing the Housing Stability Fund

AI Summary

This bill establishes the Housing Stability Support Program within the Maine State Housing Authority to prevent eviction for low-income renters. The program will provide up to $3,000 per household annually in rental assistance, paid directly to landlords, for individuals earning less than 30% of the area's median income who are not currently using federal housing vouchers. The program will be administered by a designated community action agency, municipal housing authority, or qualified entity with experience in similar housing assistance programs. Administrators must verify participant eligibility every six months, limit administrative costs to 10% of their allocation, and keep total program and administrative costs under 25%. The program aims to provide comprehensive support, including job-seeking assistance and culturally sensitive services for diverse populations. A Housing Stability Fund will be created to support the program, which can receive funding from state, federal, and private sources. The bill also includes a fiscal allocation of $1,000,000 from the General Fund for each of the fiscal years 2025-26 and 2026-27, with an additional $500 from other special revenue funds, to implement and sustain the program.

Committee Categories

Housing and Urban Affairs

Sponsors (10)

Last Action

Governor's Action: Signed, Jul 7, 2025 (on 07/07/2025)

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