Video & Transcript Research : 'development fund'
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NM
New Mexico 2025 Regular Session
IC - Economic and Rural Development Aug 11th, 2025
Economic & Rural Development & Policy Committee
Transcript Highlights:
- . with the GROW fund.
- That is funding from our Capital Projects Fund from the U.S. Treasury.
- The pink magenta represents federal funds from the ARPA Capital Projects Fund.
- Capital Projects Funds and Connecting New Mexico Funding.
- with other funding?
HI
Hawaii 2025 Regular Session
FIN Info Briefing - Thu Jan 16, 2025 @ 9:00 AM HST
Hawaii House Floor Meeting
Transcript Highlights:
- in a way that we can use funds more efficiently, but in a way that, as a developer, I would do it in
- in a way that we can use funds more efficiently, but in a way that, as a developer, I would do it in
- in a way that we can use funds more efficiently, but in a way that, as a developer, I would do it in
- in a way that we can use funds more efficiently, but in a way that, as a developer, I would do it in
- Funds more efficiently, but in a way that, as a developer, I would do it in the private sector.
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight May 28th, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- that the Housing Development Department has awarded funds to.
- We currently have 9 different single-family developments across the state that we're funding with over
- And then we also do some of the smaller rental developments are funded through that.
- Stakeholders and developers that there was going to be funding available for them, um, for a period of
- It was created in 2005, it was intended to provide a more flexible funding source for housing development
MN
Minnesota 2025-2026 Regular Session
Conference Committee on S.F. 1832 - Jobs and Labor Omnibus - 05/13/25
Transcript Highlights:
- for the emerging developer fund program. for the emerging developer fund program.
- Associates, one-time funding Development Associates, one-time funding of of of 627,000<00:14:28.240>
- <00:15:00.560>
Fund <00:15:01.120>funding the Workforce Development Fund funding the - So just development funds new spending.
- <00:30:43.120>
but development fund has some changes but development fund has some changes
HI
Hawaii 2026 Regular Session
HOU-EDU, HOU Public Hearings 03-17-2026
Transcript Highlights:
- back to the to the developer. back to the to the developer.
- :57.440>
the <00:30:57.679>developers >> So the developers don't the developers & - fair share develop? fair share develop?
- transfer the funds that the funds were transfer the funds that the funds were in<00:46:39.839>
development statewide? development statewide?
Summary:
The joint House committees on Housing and Education heard HB 1713, HD1, which would repeal school impact fees and transfer remaining balances in the school impact fee and certain fair share accounts to the school facilities special fund. The Department of Education testified in opposition, while the Hawaii Housing Finance and Development Corporation, the Attorney General’s office (with comments and suggested constitutional amendments), the Department of Hawaiian Home Lands, the School Facilities Authority, Grassroot Institute of Hawaii, NAP Hawaii, Avalon Development Company, Mark Development, Maui Chamber of Commerce, Housing Hawaii’s Future, Landis Research Foundation, BIA Hawaii, and others testified in support. The Tax Foundation of Hawaii offered comments. The DOE said the bill would weaken a key tool for matching school facilities to residential growth, while supporters said the current program leaves funds unused or restricted in ways that limit their effectiveness.
A lengthy discussion followed about the difference between the older school impact fee program and the separate fair share agreements tied to land use entitlements and change-of-zone approvals. DOE Deputy Superintendent Jesse Suki explained that fair share funds are tied to the district where they were collected, may be too small to build a full school on their own, and are held until needed for projects such as Core Ridge, Central and West Maui, and other planned schools. Committee members pressed DOE on why funds had remained unspent for years, how much money was in the accounts, and whether the department had reviewed audit findings about the program. Members also questioned whether homeowners ultimately bear these costs through developers passing them along.
The committee did not take a vote during the portion of the meeting provided. The discussion ended with members and DOE debating whether the current statute should remain in place, whether past entitlements should be affected, and whether the bill should be amended to better address remaining construction-related obligations and the use of collected funds.
AR
WY
Transcript Highlights:
- It started in 2018 with this broadband development enhancement program fund.
- It started in 2018 with this broadband development enhancement program fund.
- It's connected to the economic development enterprise fund.
- It's connected to the economic development enterprise fund.
- Development Fund. The legislature Development Fund.
AR
Transcript Highlights:
- We do have limited funds.
- That we want to fund.
- along with our own funds.”
- Is that correct, or near that development, touches that development? It is nearby.
- We've received these funds... We've received these funds. These are IRA funds.
Summary:
The committee met to consider a series of appropriation, reserve transfer, and grant requests. Early items included temporary appropriations for the Department of Education’s Educational Freedom Account program ($32 million), the State Crime Lab ($476,000), and DFA Assessment Coordination ($90,000), along with a $1 ARPA return from the Department of Health. The committee approved these items after brief questions, including a discussion about contract cost increases at Assessment Coordination and a clarification that the $1 ARPA item was simply an unused-funds return.
The most extensive discussion centered on the Department of Education’s EFA funding. Members questioned the growth in participation, the use of one-time funds and restricted reserves, and safeguards against fraud or improper purchases. Agency officials said about 44,000 students were being funded, that purchases are reviewed and flagged for unusual activity, and that homeschool students are not required to buy a curriculum so long as purchases are eligible and approved. The committee approved the EFA appropriation and related reserve transfer, and officials said the governor’s proposed budget would include the program in the RSA going forward.
The committee also approved a DHS reallocation request and reviewed a building authority loan for a data center power supply replacement. In the federal grant section, members discussed a Department of Agriculture request for Central Arkansas Water to acquire land in the Maumelle watershed. Debate focused on the environmental benefits versus local property-tax and development concerns in Perry County, with testimony from the agency, Central Arkansas Water, and Potlatch about watershed protection, public access, and potential development impacts. After extended discussion, the committee adopted a motion to defer the item to the full Legislative Council and asked the department to remove the Perry County portion from the request, limiting the grant-funded purchase to Pulaski County property. The committee then reviewed remaining items, including a Veterans Affairs pay-plan appropriation, and adjourned.
NM
New Mexico 2026 Regular Session
House - Appropriations and Finance Jan 26th, 2026 at 01:39 pm
House Appropriations & Finance
Transcript Highlights:
- the Housing Development Fund.
- to the Capital Development and Reserve Fund.
- I am wondering about the capital development and reserve funds. Is that a new fund?
- development and reserve fund.
- It doesn't change anything about... development and reserve fund. Mr.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/12/25
Jobs and Economic Development
Transcript Highlights:
- from the Workforce Development from the Workforce Development Fund<00:21:01.159>
thank <00 - the Workforce Development Fund.
- the Workforce Development Fund.
- the Workforce Development Fund.
- Workforce Development Fund also to the Workforce Development Fund also to the games<00:41:22.520
NH
Transcript Highlights:
- If we funded the whole project in one swoop, maybe it's an easier sell, but a lot of those developers
- If we funded the whole project in one swoop, maybe it's an easier sell, but a lot of those developers
- If we funded the whole project in one swoop, maybe it's an easier sell, but a lot of those developers
- collect from the developers and to be able to still maintain that fund.
- collect from the developers and to be able to still maintain that fund.
TX
Texas 89th 2nd C.S.
Land & Resource Management Jul 21st, 2026 at 01:31 pm
Transcript Highlights:
- At the Land Office, we support all of the Housing and Urban Development-funded disaster recovery and
- for development, ACFDs.
- The Permanent University Fund is a constitutional fund.
- And the Constitution requires that that fund, that land was put into that fund.
- If you're in a MUD, the developer can take roughly 50% of those development costs.
Summary:
The committee heard testimony first from the Texas General Land Office and School Land Board. GLO officials described the agency’s role in managing more than 13 million acres of state lands and mineral interests for the Permanent School Fund, overseeing the Alamo, coastal programs, veterans’ services, and federal disaster recovery. They said the agency has generated about $6 billion for the Permanent School Fund since Commissioner Buckingham took office, and that its disaster recovery portfolio is about $14 billion across multiple events, with more than 22,000 housing units rebuilt or reconstructed since Hurricane Harvey. Members asked about land purchases such as Brewster Ranch, rare earth mineral leasing, SpaceX-related beach access, and whether the lands are public access lands; GLO staff said the holdings are managed to maximize revenue for education, that most land is leased rather than open to public access, and that they are coordinating on coastal access and compliance. On the School Land Board, members sought clarification on the difference between GLO-managed lands and the Permanent School Fund Corporation’s investment role, and staff explained that GLO generates the revenue while the separate corporation invests it. No votes or formal actions were taken.
The Board for Lease of University Lands then testified. University Lands officials explained that they steward 2.1 million acres of surface and mineral interests in West Texas for the Permanent University Fund, which supports UT and Texas A&M institutions. They said a 2025 lease sale produced about $50 million in bonus revenue from 28,000 acres, and described the Board for Lease’s role in approving lease forms, lease sales, and development agreements. Members asked about the size and use of the PUF, how distributions work through UTIMCO, whether PUF money can be used for athletics, and how the land is managed; the witness said the fund is a constitutional endowment, the land is largely leased rather than sold, and distributions are generally used for buildings, labs, and other permanent structures, with some institutions also using a portion for operations. No votes or formal actions were taken.
The committee then took up municipal utility districts. Testimony from a law firm, the Texas Municipal League, Fort Bend County Commissioner Vincent Morales, and Johnson Development largely supported MUDs as a financing tool for infrastructure tied to growth. Witnesses said MUDs help fund water, sewer, drainage, roads, parks, and related infrastructure, allowing development to proceed without shifting costs to existing taxpayers and helping keep housing affordable. They emphasized that MUDs are created with disclosure to homebuyers, are subject to the Open Meetings Act and Public Information Act, and are overseen by TCEQ for bond issuance and related financial stress tests. Members questioned whether MUDs are taxing entities, whether they can be created inside city limits or ETJs, how much control cities and counties retain, and whether MUDs are becoming permanent local governments; witnesses acknowledged they levy taxes and debt, can exist within city limits with city consent, and often function as long-term local entities. The committee did not take any formal action during the hearing.
NM
New Mexico 2025 Regular Session
IC - Mortgage Finance Authority Act Oversight Jul 21st, 2025
Mortgage Finance Authority Act Oversight Committee
Transcript Highlights:
- So if you look at the rental development side, we've allocated a lot of funds there.
- But on nine percent tax credits, it funds between sixty to seventy percent of the development.
- On the four percent tax credits, that funds may be around thirty percent of the development, and the
- So they're developing the infrastructure; with our funds, they're going to come back to us for a line
- If it's more rental demand this year than single-family development, that's where the funding will be
FL
Florida 2025 Regular Session
October 7, 2025 - 03:30 PM
Transcript Highlights:
- FUNDING THAT GOES DISLOCATED WORKERS SO THIS IS A SUBSET OF THE FUNDING THAT GOES FROM THE FEDERAL GOVERNMENT
- THE TOTAL FUNDING ALLOCATION IS OVER $32 MILLION FOR CAREER SOURCE FLORIDA INCLUDING ALL THOSE FUNDING
- THE LAST BOX IS LOCAL FUNDING.
- AND THIS COULD BE COUNTY FUNDS OR MUNICIPAL FUNDS, COMMUNITY PARTNERS SO YOU HAVE THE INFRASTRUCTURE
- SO TOTAL FUNDING OVER $12 MILLION ACROSS ALL FUNDING STREAMS. 6.87 MILLION FOUR WIOA TITLE I. 4.5 MILLION
MN
Minnesota 2025 1st Special Session
Committee on Housing and Homelessness Prevention - 02/11/25
Housing and Homelessness Prevention
Transcript Highlights:
- to developers that funds are available to developers that funds are available and<00:36:37.640><
- , HUD HOME funds, Economic Development and Housing Challenge funds, the city of Rochester's entire 2024
- Economic Development and home funds Economic Development and housing<00:42:54.319>
challenge < - funds development and housing challenge funds and<00:43:48.079>
other <00:43:48.760>supports - <01:10:50.760>
development <01:10:51.159>of would also fund development of would also
AZ
Transcript Highlights:
- We receive HOME funds, National Housing Trust Funds, and Community Development Block Grants through those
- If it was through HUD, it would be either National Housing Trust Funds, Community Development Block Grants
- Through HUD, it would be either National Housing Trust Funds, Community Development Block Grant, or HOME
- Most affordable housing developments in the U.S., as you've noted, are funded by the federal low-income
- developers, but I know a good portion of those funds were resources that helped develop those 10,000
Summary:
The Committee on Director Nominations met to consider Ruby Dylan Williams for Director of the Arizona Department of Housing. Chair Jay Kaufman opened with remarks about the committee’s role in scrutinizing nominees’ commitment to faithfully executing state law. Williams, who has served in housing roles since 2020 and as interim director since March 2025, described her background in both public service and the private sector and said her priorities would be expanding housing supply, preserving housing stability, and improving technology-driven operations and transparency.
Members questioned Williams extensively about department oversight, fraud prevention, auditor general findings, homelessness policy, budget priorities, and the cost of affordable housing programs. She said the department had strengthened internal controls, added verbal verification steps for wire transfers, increased site inspections and grantee monitoring, and was tracking 68 performance metrics. She also defended the use of LIHTC and other federal housing programs as key public-private tools, said the department was working on a real-time homelessness data system, and explained that if state funding were cut, staffing would likely be reduced before core programs. Several members pressed her on past fraud and audit findings and on whether the department had been sufficiently proactive in preventing them.
Public testimony was overwhelmingly supportive. Developers and industry representatives praised Williams’ experience, her knowledge of housing finance, and her role in streamlining the qualified allocation plan and improving the department’s responsiveness. They argued that her leadership has helped attract investment and increase housing production in Arizona. After debate, the committee voted 3-2 to recommend Williams’ confirmation to the full Senate, with Senators Kavanagh and Shope voting no and Senators Bravo and Ortiz voting yes.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 3 on Education Finance Apr 29th, 2025
Transcript Highlights:
- Moving on, the Governor's budget also includes $250,000 one-time non-Proposition 98 General Fund to develop
- Okay, but if school districts don't have funding for professional development, then how are they going
- development for evidence-based literacy instruction, could some of that... ...funding come from this
- The funding for literacy screening professional development plays a critical role in improving...
- These funds have enabled schools to increase training and professional development for their staff so
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 5 on State Administration Mar 25th, 2025
Transcript Highlights:
- development.
- The administration says it's like to see a streamlined process for developers to apply for state funds
- The administration says it's like to see a streamlined process for developers to apply for state funds
- A streamlined process for developers to apply for state funds for affordable housing, with a single application
- Developers.
Summary:
The Assembly Subcommittee on State Administration held a budget hearing focused heavily on housing, homelessness, and related administrative proposals. HCD reported that California housing production has increased, with 2023 completions up 13% from 2022 and entitlement and construction timelines improving, while members and advocates criticized the Governor’s January budget for zeroing out or sharply reducing several housing programs. Public testimony urged funding for affordable housing production, preservation, youth housing, CalHome, LIHTC, HAP, and related programs, and several speakers argued the state should not pull back after recent progress.
A major policy item was trailer bill language to allow HCD to access “excess equity” in existing affordable housing projects and recycle those funds into new or preserved housing. HCD and the LAO said the proposal could unlock tens or hundreds of millions of dollars, but members wanted guardrails and clearer statutory direction to ensure the funds stay within the intended housing purposes. The committee also discussed encampment resolution funding; HCD said the proposal would shift expenditure deadlines to the date of award rather than appropriation, while the LAO raised concerns about limited outcome data and urged the Legislature to use upcoming reporting before deciding on future funding.
The hearing also covered HCD trailer bills to consolidate default reserve funds into a centralized continuously appropriated account and to clarify reporting requirements for early rounds of the Homeless Housing, Assistance and Prevention program. HCD requested funding to implement chaptered legislation, including a new tribal housing program and reporting-related bills, and also sought extensions for certain reappropriations, including Homekey and REAP 2 deadlines. Public commenters and regional agencies supported flexibility for REAP 2 timing and other housing-related adjustments.
Finally, the Business, Consumer Services and Housing Agency presented the Governor’s reorganization proposal to split the current agency into a Housing and Homelessness Agency and a Consumer Protection Agency. The administration said the change would improve focus, efficiency, and coordination, but the LAO and several members questioned whether it would truly save money or improve accountability, especially given the need for new leadership, possible staffing changes, and the fact that the plan had not yet been formally submitted for review. No votes were taken during the hearing.
KY
Kentucky 2026 Regular Session
Joint House Committee on Local Government and Senate Committee on State and Local Gvt. (3-11-26)
Transcript Highlights:
- CDBG is federally funded by the U.S. Department of Housing and Urban Development.
- CDBG is federally funded by the U.S. Department of Housing and Urban Development.
- Uh, generally, CDBG economic development funds are good to provide equipment financing, land acquisition
- economic development grant side. economic development grant side.
- cost of the developer and homeowner. cost of the developer and homeowner.
Keywords:
Upon adjournment of the concurrent meeting, the Senate State and Local Government committee will continue meeting, 958, all
Summary:
The concurrent meeting began with roll calls for both the Senate Standing Committee on State and Local Government and the House Standing Committee on Local Government, establishing quorums. The committees then heard a Department for Local Government presentation on the Community Development Block Grant program, which serves smaller and more rural areas. Commissioner Matt Sawyers and Executive Director Mark Williams explained the 2026 HUD application as a public hearing, noting an estimated total of a little over $25 million, with proposed allocations for public facilities, community projects, economic development, public services/Recovery Kentucky, and housing. They also described proposed changes, including shifting some funding from economic development to housing, raising non-traditional application ceilings, extending the economic development application window, and giving the commissioner flexibility to reallocate funds if requests exceed the allotment. No legislators or members of the public asked questions, and both chambers approved the presentation and then adjourned the House portion.
The Senate committee then took up Senate Bill 149 by Senator Elkins, which updates county treasurer statutes. The bill shortens the waiting period for appointing an acting treasurer from 30 days to 5 days and allows fiscal courts to appoint a temporary treasurer for up to 60 days during vacancies, illness, incapacity, or termination. Members discussed the need for continuity in county finances, and the bill received favorable expression 9-0.
Next, the committee considered several housing-related bills from the housing task force. Senate Bill 224, by Senator Mills, creates vested property rights for development applications and narrows who may appeal certain local land-use decisions; the committee adopted a substitute, then approved the bill 8-1 after members raised concerns about standing language and possible impacts on local participation. Senate Bill 225 requires the housing and construction department to analyze the cost and housing-supply effects of proposed housing regulations; it passed 9-0 after a committee substitute. Senate Bill 233, by Senator Neal, removes annual financial reporting requirements for homeowners associations with 14 lots or fewer to reduce burdens on small developments; it passed 9-0. Finally, Senate Joint Resolution 75, as amended, directs the Public Service Commission to study affordability and water/wastewater utility regionalization, including possible consolidation of small districts; the amendment and the resolution both passed 9-0, with one member noting concerns about whether the matter should proceed as an administrative case rather than a study.
MN
Minnesota 2025-2026 Regular Session
Committee on Jobs and Economic Development - 03/10/25
Jobs and Economic Development
Transcript Highlights:
- Another 550,000 in fiscal year 2027, both one-time appropriations from the Workforce Development Fund
- Fund and then the Workforce Development Fund and then in<00:35:12.880>
fiscal <00:35:13.160>- and I should have mentioned that Senate File 1933 is appropriating from the Workforce Development Fund
- Development Fund.
- Um, change starts with Community has received $1 million from the Workforce Development Fund in fiscal