Affordable Housing Trust Fund back on course to get funding!

05.10.18

On Monday, April 16, we joined the Baltimore Housing Roundtable, Housing for All, City Councilman John Bullock and City Council President Jack Young to introduce the Fund the Trust Act, a bill that would create a funding stream for the city’s Affordable Housing Trust Fund. Health Care for the Homeless is a member of the Baltimore Housing Roundtable and Housing for All coalitions—and we are an active supporter of the Fund the Trust campaign.

In 2016, local advocates collected more than 20,000 petitions calling for the creation of the Affordable Housing Trust Fund. As a result of that effort, the fund appeared on the 2016 general election ballot. With 180,000 Baltimore City residents voting favorably for the fund, it passed without a hitch. But since then, it has lacked a sustained revenue source, and only very recently received a one-time deposit of $2 million. This bill aims to change that by creating a one-time, 1% surcharge on real estate transactions with non-resident buyers. The surcharge is estimated to generate approximately $20 million a year for the fund.

If funded, the Affordable Housing Trust Fund would be used to deconstruct and rehabilitate vacant houses, develop affordable housing for renters and homebuyers, operate community land trusts and provide rental vouchers and housing-related services to families with low incomes and persons with disabilities.

Remember the 20/20 campaign? This is the same thing. Originally, the 20/20 campaign sought to push the city to include $20 million each year in its budget for permanently affordable housing and $20 million annually for projects that deconstruct, demolish and green vacant property by employing returning citizens. Unfortunately, lawmakers wouldn’t make room for the fund in their budget.

But this new bill will put us back on course to funding the fund in perpetuity!

More Recent News


04.23.19

Get to know the artists who will be preseneting their work at our Client Art Show on Thursday, April 25. 

RSVP here


 

1503
03.12.19

Health Care for the Homeless is one driven and talented bunch of people. So it's no surprise that a number of our staff members have moved up or over to new roles since January. Same faces, new titles. And a chance to move our mission forward in a different capacity. Take a minute to read through who is going where, and why they're most excited about their new positions. 

1460
02.04.19

On Saturday, February 2, 800+ spectacularly dressed chocolate lovers filed into the Baltimore Marriott Waterfront for the sweetest night of the year. By the end of the night, our incredible Health Care for the Homeless community raised enough money to give 1,000 of people the care they need to regain health, hope and opportunity.

1437
01.24.19

Brandon Berryain doesn’t want his position on our Board of Directors to be a status symbol. For him, it’s an opportunity to ground the Board with his lived experience and encourage other clients to get involved. Brandon says, “As much as being a leader matters, it’s being an example that matters more.”

1426

View All News