With DC’s FY 2009 budget season in full swing, Washington Grantmakers and the Community Development Support Collaborative (CDSC) sent letters to City Council members in support of the Mayor’s proposed budget for affordable housing. Following are the recommendations and eventual outcome:
1. A $19 million appropriation to the Housing Purchase Assistance Program, which provides low- and no-interest loans to low-income first-time homebuyers.
Outcome: $19 million committed, maintaining the 2008 funding level.
2. Allocate $19 million to create permanent supportive housing for 150 homeless families and 640 homeless individuals.
Outcome: $19.2 million allocated.
3. Increase funding for the Local Rent Supplement Program from $19 million to $34 million to assist a higher number of the 30,000 families currently on the waiting list.
Outcome: Budget increased, but only by $2 million.
4. Fully fund the Housing Production Trust Fund with a request for an additional one-time appropriation of $30 million. The appropriation would offset a shortfall due to the decline in deed taxes resulting from the slowing housing market.
Outcome: The Council committed to full funding for the Trust Fund, they did not recommend an additional appropriation.
For more information, contact Martin Mellett at email@example.com.