Increases funding for the Bridging Rental Assistance Program to reduce the waiting list and increase housing vouchers.

The bill provides ongoing funding for the Bridging Rental Assistance Program to reduce the waiting list for assistance and increase housing vouchers. This funding addresses the increase in program costs resulting from a 2021 policy change that increased the portion of a participant's rent paid by the program. The funding is allocated from the General Fund for fiscal years 2025-26 and 2026-27.

Increases funding for the Bridging Rental Assistance Program to reduce the waiting list and increase housing vouchers.

The bill provides ongoing funding for the Bridging Rental Assistance Program to reduce the waiting list for assistance and increase housing vouchers. This funding addresses the increase in program costs resulting from a 2021 policy change that increased the portion of a participant's rent paid by the program. The funding is allocated from the General Fund for fiscal years 2025-26 and 2026-27.