Yesterday, the Council voted unanimously to bring to a vote* Bill 20-708, Housing Production Trust Fund Baseline Funding Amendment Act of 2014. The bill, introduced by Councilmember Bowser, sets the groundwork for a $100 million a year investment in the Trust Fund. CNHED has worked for a year to build support for an annual commitment of $100 million to the Trust Fund, through testimony, ward town hall meetings, and the Housing For All Rally. The legislation is subject to appropriation, so no funds are committed now, but it demonstrates that like us, the DC Council believes the Housing Production Trust Fund needs $100 million a year to create and keep affordable housing in DC.
“The Housing Production Trust Fund is the District’s premier tool for producing and preserving affordable housing….The District needs to get serious about consistent funding year to year for affordable housing creation and preservation. I would really like to acknowledge as well the really important efforts of the Housing For All Campaign.” – Councilmember Bowser, introducing the legislation
Councilmembers Catania, Bonds, Orange, Evans and Barry also spoke out for the need for consistent affordable housing investment through the Housing Production Trust Fund.
Advocate with us!
*The Council will now hold two votes to pass this legislation. Come out to the votes to continue to show the DC Council that we need a $100 million Housing Production Trust Fund.
First vote: October 28
Expected final vote: November 18
Time: 11:00 am
Location: John A Wilson Building, 1350 Pennsylvania Ave NW, , Room 500.
You can also follow on twitter @cnhed #100m4hptf