Saving the housing trust fund
Last week I wrote here about the fight to save the Housing Trust Fund. I’ve meant to write about our success, but have been busy with preparing for the next round of Affordable Housing Issues. In case you haven’t seen the results: here is a brief recap. The Transfer Ordinance Passes First, the all important transfer ordinance, which is necessary to put Trust Fund money back into the account from which it can be spent on affordable housing projects, was unanimously voted out of committee. We expect it to be adopted this Thursday. The Other Bills Fail Second, Councilwoman Blackwell withdrew both her bill to divided Trust Fund resources equally among each of the ten council districts and her bill to kill the Trust Fund entirely. As we had suspected, these two bills were Councilwoman Blackwell’s way of creating a crisis atmosphere around housing issues, and allowing her to hold… Continue reading