Keeping Housing Funds for Housing

 


Over the last 10 years, more than $2 billion of funds from affordable housing trust funds have been spent on projects completely unrelated to affordable housing rather than the projects they should be funding, like first-time homebuyer programs and other initiatives.  

In an effort to create more accountability, Floridians have proposed a constitutional amendment that would place affordable housing funds into a lock box and preserve them for housing projects and nothing else. 

The amendment would guarantee that the portion of taxes charged on deeds and mortgages will be put towards a range of housing projects, including first-time homebuyer programs, senior housing, and more. 

First, however, the amendment must be added to the ballot. Many of Watson’s own agents have already signed and submitted a petition to push the amendment through, but more help is needed. 

If you’d like to join the fight for affordable housing funds, head here: https://housingfunds4housing.org/. You’ll find instructions for printing and signing the petition, as well as where to mail it. 


Comments

Popular posts from this blog

Preparing for Unexpected Expenses as a Homeowner

The Watson Difference