Housing trust fund shenanigans
A Jannie Blackwell amendment was added to the Fiscal Year 2007 budget which had its first reading last Thursday. The amendment transfers all of the Housing Trust Fund dollars from the “Purchase of Services” (class 200) account to the “Personal Services” (class 100) account. The transfer means that the $9.8 million in the Housing Trust Fund will not be available for the creation or rehabilitation of affordable housing or for homelessness prevention. This amendment is, in multiples sense, an abuse of trust. Continue reading