Arkansas HB1022 appropriates funds for the Arkansas Development Finance Authority for the 2026-2027 fiscal year.

Arkansas HB1022 allocates federal funds to the Arkansas Development Finance Authority for the 2026-2027 fiscal year, covering operating expenses for the Federal Housing Program and emergency solutions grants. The bill also establishes salary grades and titles for authority positions, allows for salary adjustments, and authorizes a merit program. It mandates an annual report on the need for homeless services and ensures compliance with state laws and regulations. The act declares an emergency clause to ensure its provisions take effect on July 1, 2026.

Arkansas HB1022 appropriates funds for the Arkansas Development Finance Authority for the 2026-2027 fiscal year.

Arkansas HB1022 allocates federal funds to the Arkansas Development Finance Authority for the 2026-2027 fiscal year, covering operating expenses for the Federal Housing Program and emergency solutions grants. The bill also establishes salary grades and titles for authority positions, allows for salary adjustments, and authorizes a merit program. It mandates an annual report on the need for homeless services and ensures compliance with state laws and regulations. The act declares an emergency clause to ensure its provisions take effect on July 1, 2026.