Budget Amendment ID: FY2023-S4-265

ECO 265

Social Innovation Financing MRVPs

Mr. Feeney moved that the proposed new text be amended in section 2, in item 7004-0105, by adding the following words:- “; provided, that not less than $2,100,000 will be administered by the Massachusetts Housing and Shelter Alliance, Inc. to sustain low-threshold sponsor-based leasing that had been previously linked to the pay-for-success projects funded through the Social Innovation Financing Trust Fund”; and by striking out the figure “$5,000,000” and inserting in place thereof the following figure:- “$7,100,000”.