Budget Amendment ID: FY2026-S3-256-R1

Redraft GOV 256

Matched Savings

Mr. Eldridge, Ms. Rausch and Ms. Lovely moved that the proposed new text be amended in section 2, in item 0610-0010, by adding the following words:- "; and provided further, that not less than $250,000 shall be expended to the MIDAS Collaborative, Inc. as a fiscal intermediary for matched-savings programs, which help to close critical racial and other wealth gaps of low-to-moderate-income households, in partnership with financial institutions, community development corporations, community foundations and other community-based organizations".