HB2856 Session 2025r1 In House Committee

Directs the Department of Veterans' Affairs to provide grants to nonprofit organizations to offset unexpected increases in costs in repurposing buildings for veteran housing and housing programs.

Summary

Digest: Tells ODVA to give grants to offset costs that groups incur but did not expect to incur in repurposing buildings for veteran housing. Creates a fund with lottery moneys to fund the grants. (Flesch Readability Score: 67.0). Directs the Department of Veterans' Affairs to provide grants to nonprofit organizations to offset unexpected increases in costs in repurposing buildings for veteran housing and housing programs. Establishes the Veterans Housing Construction Cost Reduction Fund. Directs the State Treasury to transfer, each biennium, moneys from the Veterans' Department of Veterans' Affairs Dedicated Lottery Fund to the Veterans Housing Construction Cost Reduction Fund to be used by the department to provide the grants.