HB1076

House Bill 1076 is a fiscal session appropriation bill that authorizes the budget, staff, and operational expenses for the Arkansas Development Finance Authority (ADFA) for the fiscal year ending June 30, 2025. It establishes a maximum of 56 full-time regular employee positions and provides for part-time temporary 'Extra Help' staff. The bill allocates funds for various operational needs, including personal services, data processing, and capital outlays. Additionally, it appropriates over $55 million in total funding for specific housing initiatives, including rental assistance, HUD home programs, federal housing programs, and the Arkansas Housing Trust Fund. The bill also authorizes a $6 million appropriation specifically for computer equipment and software upgrades. Finally, it includes an emergency clause to ensure the agency's continued operation starting July 1, 2024.