Arkansas
Arkansas to cap federal rental assistance, launch new housing efforts
LITTLE ROCK, Ark. (KAIT) – Gov. Asa Hutchinson introduced he is not going to settle for the complete quantity of the second fee for rental help for Arkansas.
Hutchinson informed reporters throughout a “pad and pen” session on the state capitol Friday he signed a letter to U.S. Treasury Secretary Janet Yellen stating his intent.
Arkansas was supplied $145 million of funding along with the $6.7 million remaining from the primary spherical of cash, in accordance with the governor.
Hutchinson, nonetheless, mentioned he can be utilizing a portion of the cash for housing stability efforts with the assistance of teams Our Home and Restore Hope.
The governor additionally introduced Arkansas may have a $1 billion surplus by June, including there are a number of choices to make use of the cash, together with funding for broadband improvement, tax aid for Arkansans, and faculties within the state.
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