The state and local homeless housing programs receive funding from the homeless housing and assistance surcharges collected by each county auditor when certain documents are recorded. A $62 Local Homeless Housing and Assistance surcharge is a charged by the county auditor for each document recorded with the following exceptions:
From the $62 surcharge, $10 is distributed to the county for implementing the local homeless housing program and plans. Two percent is retained by the county auditor collecting the fee and the remainder is distributed as follows:
The Office of Financial Management (OFM) must secure an independent expenditure review of state surcharge funds received and deposited into the HSF on a biennial basis. The purpose of the expenditure review is to assess the consistency in achieving policy priorities within the private market rental housing segment for housing persons who are experiencing homelessness. The expenditure review is due February 1st of each even-numbered year.
The 45 percent set aside of the state's portion of the $62 Local Homeless Housing and Assistance surcharge for private rental housing payments is removed, and private rental housing assistance is added to the uses for the state portion of surcharge funds.
The requirement for OFM to secure an independent expenditure review of the state portion of the Local Homeless Housing and Assistance surcharge received and deposited into the HSF on a biennial basis is removed.