Urge Florida Senate to Save the Affordable Housing Trust Fund

A portion of documentary stamp tax revenue on home sales is allocated to the State Housing Trust Fund and Local Government Housing Trust Fund. These trust funds benefit local affordable housing efforts that assist families with affordable home ownership or rental housing. The Florida Catholic Conference is a member of the Sadowski Coalition, which was formed to support affordable housing programs.

 

 

Call To Action

 

State
ACTION ALERT

Urge Florida Senate to Save the Affordable Housing Trust Fund


Background: A portion of documentary stamp tax revenue on home sales is allocated to the State Housing Trust Fund and Local Government Housing Trust Fund. These trust funds benefit local affordable housing efforts that assist families with affordable home ownership or rental housing. The Florida Catholic Conference is a member of the Sadowski Coalition, which was formed to support affordable housing programs.

Issue: Section 1 of SB 7200 by the Budget Committee permanently redirects the state and local housing trust fund doc stamps to general revenue. The passage of this bill will bring an end to the Sadowski Affordable Housing Trust Fund.

The provision is not needed for the legislature to use the money in the state and local housing trust funds for general appropriations. The legislature can sweep the money in the fund to balance the budget without permanently redirecting the money to general revenue.

ACTION: Click the link below to send an email message that urges Senate President Mike Haridopolos, Senate Appropriations Chair JD Alexander and your own senator to remove Section 1 of SB 7200, the permanent redirection of doc stamps from the state and local housing trust funds into general revenue.

Please act fast, SB 7200 is scheduled to be heard by the Budget Committee at 9:00 am on Thursday, March 31 or Friday, April 1.

Click the link below to log in and send your message:
http://www.votervoice.net/link/target/fcc/R52gE4Fz.aspx