Executive Office of Housing and Economic Development

Account Description FY07
GAA		 FY08
GAA
7004-9201 Interest Subsidies for Private Development of Affordable Housing
For interest subsidies for the private development of affordable housing; provided, that notwithstanding any general or special law to the contrary, no new commitments shall be entered into during fiscal year 2008 for said fiscal year or any subsequent fiscal years; and provided further, that funds may be allocated by said agency to its existing interest subsidy contracts in a manner as it may determine necessary to maximize the preservation of existing affordable housing units throughout the commonwealth
 5,500,000 4,500,000

 
 
HISTORICAL SPENDING CATEGORIES ($000)
SPENDING CATEGORY FY04
Spending 		FY05
Spending 		FY06
Spending 		FY07
Spending 		FY08
GAA
Aid to Cities & Towns 6,473 5,500 5,500 5,500 4,500
TOTAL 6,473 5,500 5,500 5,500 4,500

* FY07 Projected Spending includes the budget plus nearly $1 billion in spending from FY06 supplemental budgets.

 

Pie Chart: Aid to Cities & Towns=100%