appropriation; Apache Junction; housing

Plain English Breakdown

The bill summary does not provide specific details on the exact allocation of funds beyond the total amount and purposes.

HB2065 - Housing Funding for Apache Junction

This bill provides funding to the City of Apache Junction from the state's General Fund for affordable housing infrastructure and rehabilitation.

What This Bill Does

• Appropriates $9,500,000 from the state's General Fund in fiscal year 2026-2027 to the State Treasurer.
• The State Treasurer will distribute this money to the City of Apache Junction for housing infrastructure and rehabilitation.

Who It Names or Affects

• The State Treasurer
• The City of Apache Junction

Terms To Know

General Fund

A main fund used by the state to pay for different programs and services.

Blight abatement

Fixing or removing old, unsafe buildings that are not good for the community.

Limits and Unknowns

• The bill does not specify how the funds will be used beyond the stated purposes.
• It is unclear what specific projects in Apache Junction will receive this funding.

Official Summary Text

HB2065 - 572R - House Bill Summary

ARIZONA HOUSE OF REPRESENTATIVES

57th
Legislature, 2nd Regular Session

Majority Research Staff

HB
2065
: appropriation; Apache Junction; housing

Sponsor:
Representative Blackman, LD 7

Committee
on Rural Economic Development

Overview

Appropriate
the sum of $9,500,000 from the state General Fund (GF) in Fiscal Year (FY) 2027
to the State Treasurer to distribute to the City of Apache Junction for housing
infrastructure and housing rehabilitation and blight abatement.

History

The Office of the State Treasurer Arizona is
responsible for the banking and investment management duties for the state,
provides investment services to local governments, and exclusively manages the
Permanent Land Endowment.

Provisions

1.

Appropriates
the following amounts from the GF in FY 2027 to the State Treasurer to
distribute to the City of Apache Junction:

a.

$6,500,000
to fund affordable housing infrastructure; and

b.

$3,000,000
for housing rehabilitation and blight abatement. (Sec. 1)

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Initials PB���������������� HB
2065

1/15/2026������� Page
0 Rural Economic Development

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Current Bill Text

HB2065 - 572R - I Ver

PREFILED��� DEC 16 2025

REFERENCE TITLE:
appropriation; Apache Junction; housing

State of Arizona

House of Representatives

Fifty-seventh Legislature

Second Regular Session

2026

HB 2065

Introduced by

Representative
Blackman

AN
ACT

Appropriating monies to the state
treasurer.

(TEXT OF BILL BEGINS ON NEXT PAGE)

Be it enacted by the Legislature of the State of Arizona:

Section 1.
Appropriation;
state treasurer; housing infrastructure and rehabilitation

The following amounts are appropriated
from the state general fund in fiscal year 2026-2027 to the state treasurer to
distribute to the city of Apache Junction for the following purposes:

1. $6,500,000 to fund
affordable housing infrastructure.

2. $3,000,000 for housing
rehabilitation and blight abatement.