Budget Amendment ID: FY2024-S3-209

ECO 209

Intergenerational Workforce Housing Pilot Program

Ms. Moran moved that the proposed new text be amended by adding the following section:-

SECTION X. The department of housing and community development shall develop a pilot program for intergenerational affordable housing development.

The program will seek to support individuals aged 60 years or older in providing housing accommodation to individuals to support local or regional workforce needs, in exchange for services or rent.

Eligible program participants shall be individuals with existing or secured employment contracts or agreements in a region they do not reside in, and any individual aged 60 years or older that owns their own home and has adequate accommodation available.

The department shall promulgate regulations for the administration of this program.