Budget Amendment ID: FY2027-S4-261

GOV 261

Matched Savings

Mr. Eldridge moved that the proposed new text be amended in section 2, in item 0610-0010, by adding the following words:- "; provided further, that not less than $250,000 shall be expended to the MIDAS Collaborative, Inc. as a fiscal intermediary for matched-savings programs, and the development of the Midas Economic Mobility Incubator which help 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"; and by striking out the figure "$1,476,699" and inserting in place thereof the following figure:- "$1,726,699".