(1) There is created a restricted account within the General Fund known as the Homeless to Housing Reform Restricted Account.
(2) The restricted account shall be administered by the division for the purposes described in Section 35A-8-604.
(3) The state treasurer shall invest the money in the restricted account according to the procedures and requirements of Title 51, Chapter 7, State Money Management Act, except that interest and other earnings derived from the restricted account shall be deposited in the restricted account.
(4) The restricted account shall be funded by: (a) appropriations made to the account by the Legislature; and (b) private donations, grants, gifts, bequests, or money made available from any other source to implement this section and Section 35A-8-604.
(a) appropriations made to the account by the Legislature; and
(b) private donations, grants, gifts, bequests, or money made available from any other source to implement this section and Section 35A-8-604.
(5) Subject to appropriation, the director shall use restricted account money as described in Section 35A-8-604.
(6) The Homeless Coordinating Committee, in cooperation with the division, shall submit an annual written report to the department that gives a complete accounting of the use of money from the restricted account for inclusion in the annual report described in Section 35A-1-109.
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