Authorize additional funding for the coal trust multi-family home loan program

This bill (LC 1868) sought to increase funding for an existing program that provides low-interest loans to build or purchase multi-family housing in communities impacted by coal industry decline. The program uses dedicated funds from the coal trust, which was established to support economic recovery in former coal regions. The additional funding would have expanded the program’s capacity to assist residents and developers in these areas. However, the bill died in committee on May 27, 2025, without becoming law.