1 Appropriation; Affordable Housing Fund. The sum of $10,000,000 for the biennium ending June 30, 2021, is hereby appropriated to the housing finance authority for deposit in the affordable housing fund established in RSA 204-C:57, for the purpose of providing financing or state matching funds for affordable housing. The appropriation shall be in addition to any other funds appropriated to the housing finance authority. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.

2 New Paragraph; Real Estate Transfer Tax; Transfer to the Affordable Housing Fund. Amend RSA 78-B:13 by inserting after paragraph II the following new paragraph:

III. Annually, on or before October 1, the commissioner shall direct the state treasurer to transfer the sum of $5,000,000 from revenue collected pursuant to the tax imposed by RSA 78-B:1 to the affordable housing fund established in RSA 204-C:57.

3 Effective Date. This act shall take effect July 1, 2019.

1 Appropriation; Affordable Housing Fund. The sum of $10,000,000 for the biennium ending June 30, 2021, is hereby appropriated to the housing finance authority for deposit in the affordable housing fund established in RSA 204-C:57, for the purpose of providing financing or state matching funds for affordable housing. The appropriation shall be in addition to any other funds appropriated to the housing finance authority. The governor is authorized to draw a warrant for said sum out of any money in the treasury not otherwise appropriated.

2 New Paragraph; Real Estate Transfer Tax; Transfer to the Affordable Housing Fund. Amend RSA 78-B:13 by inserting after paragraph II the following new paragraph:

III. Annually, on or before October 1, the commissioner shall direct the state treasurer to transfer the sum of $5,000,000 from revenue collected pursuant to the tax imposed by RSA 78-B:1 to the affordable housing fund established in RSA 204-C:57.

3 Effective Date. This act shall take effect July 1, 2019.