1 | Representative Lopez-Cantera offered the following: |
2 |
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3 | Amendment |
4 | Remove line(s) 150-160 and insert: |
5 | discretion of the county. Any funds allocated for homeownership |
6 | assistance or rental housing units that are not committed at the |
7 | end of the fiscal year shall be reallocated in subsequent years |
8 | consistent with the provisions of this subsection, in that no |
9 | less than 35 percent shall be reallocated to provide |
10 | homeownership assistance for low-income and moderate-income |
11 | families, and no less than 35 percent shall be reallocated for |
12 | construction, rehabilitation, and purchase of rental housing |
13 | units. The remaining amount of uncommitted funds may be |
14 | reallocated at the discretion of the county within any of the |
15 | categories established in this subsection. |