09-50
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RESOLUTION NO. 09-50
A RESOLUTION OF THE CITY OF CLEARWATER,
FLORIDA, SUPPORTING ELIMINATION OF THE CAP ON
THE STATE AND LOCAL HOUSING TRUST FUNDS AND
SUPPORTING FULL APPROPRIATION OF THE HOUSING
TRUST FUNDS FOR HOUSING PROGRAMS; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the CITY OF CLEARWATER has an obligation to provide for the
housing needs of its current and anticipated populations and assisting lower income
families and is dependent upon sufficient housing assistance from federal and state
programs; and
WHEREAS, the William E. Sadowski Affordable Housing Act of 1992 created a
dedicated revenue source for the state and local housing trust funds expressly and
specifically to fund state and local housing programs that assist local governments in
meeting the housing needs of its population; and
WHEREAS, the Legislature enacted a cap on the Housing Trust Funds of
approximately $243 million per year, beginning in Fiscal Year 2007-2008; and
WHEREAS, this cap is currently higher than the projected revenue for the
Housing Trust Funds for fiscal years 2010-2011, 2011-2012, and 2012-2013, and
therefore removal of the cap would have no negative fiscal impact on the state budget;
and
WHEREAS, housing trust fund monies are the single greatest boost to the
economy, providing $7.66 million of economic impact for every $1 million of state
funding, and full appropriation of housing trust fund monies is critically needed to
stimulate our local and state economy; and
WHEREAS, the unmet housing needs of low income Floridians is substantial and
the downturn in the real estate market creates opportunities for acquiring, constructing,
rehabilitating, and preserving housing to meet these needs, and these opportunities are
lost without Housing Trust fund monies.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER,
FLORIDA:
Resolution No. 09-50
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Section 1. That the City of Clearwater supports repeal of the cap on the
Housing Trust Funds, the future funding of the SHIP program, and urges the Governor
and Legislature to adopt statutory changes during the 2010 Legislative Session to
repeal the cap.
Section 2. That the City of Clearwater supports full appropriation of housing trust
fund monies for housing in the Fiscal Year 2010-2011 Budget.
Section 3. That the City Clerk is hereby directed to forward a copy of this
resolution to the appropriate parties.
Section 4. That this Resolution shall take effect immediately upon adoption
PASSED AND ADOPTED this 3rd day of
December
,2009.
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Frank V. Hi bard
Mayor
Approved as to form:
Attest:
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Laura Mahony .
Assistant City Attorney
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Resolution No. 09-50