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


12.13.18

When you grow up poor in Baltimore, the odds aren’t in your favor. Your life expectancy lags 20 years behind people from wealthy neighborhoods. You’re more likely to get diabetes and heart disease. You’re also more likely to experience trauma and suffer from behavioral health issues.

1373
12.10.18

Looking out at a room of 13 freshmen from the Mercy High Women in Medicine Program, Chief Quality Officer Tonii Geden said, "Diversity in health care is important—it makes a huge difference in how we move forward." We see 10,000 people a year, all from different walks of life, making a staff full of diverse identities, backgrounds and experiences critical. 

1370
11.06.18

A crowd of 400+ runners and volunteers ran, walked, shimmied and skipped around Lake Montebello for the fifth annual Rock Your Socks 5K on Saturday, November 3.

1353
11.02.18

When it comes to taking steps to end homelessness, Justice League team member Carolyn Henrich walks the walk—literally.

For years, Carolyn participated in walks to raise money for breast cancer, brain tumor research and more. After learning about the Rock Your Socks 5K this year, she hit the ground running as a 5K ambassador, fundraiser and participant.

Why?  

1350

View All News