[Hpn] Calls Needed to preserve MA Housing Trust Fund (MA Coalition for the Homeless)

W.C.Tinker wtinker@metrocast.net
Sat, 1 Feb 2003 08:21:21 -0500


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Alert Date 1-31-03



Calls Needed to Preserve State Housing Trust Fund



Yesterday, Governor Romney announced over $17 million in emergency cuts =
to housing programs in the current fiscal year budget as part of a =
larger package of nearly $500 million in cuts and savings.  This comes =
on top of the $26 million in cuts already made to the Department of =
Housing and Community Development budget this year.

The State Housing Trust Fund  -=20
Three years ago the Legislature and the Governor passed the Affordable =
Housing Trust Fund bill making a commitment to put aside $100 million =
($20 million per year for 5 years) to establish a fund to create and =
rehabilitate affordable housing. 10% of all trust fund grants are =
targeted to the creation of housing for extremely low-income renters. =20

The Governor has proposed a $7.5 million cut from the trust fund, which =
is all of the remaining, uncommitted funds for this year.  Of this =
amount, $5 million would have been used for public housing modernization =
and $2.5 million for the production of affordable housing.=20

The Governor will need legislative approval to make this change.

Additional cuts were made to public housing funds ($4.9 million) and to =
programs that provide grants or loans to enable developers to build =
low-income housing  - $5.3 million from the State Housing Assistance for =
Rental Production (SHARP) and $500,000 from the Rental Housing =
Development Action Loan Program (RDAL).

Although the public housing, SHARP and RDAL cuts take effect =
immediately, the Governor needs legislative approval to cut the housing =
trust fund.  The House and Senate may take up the Governor's legislative =
package as early as Monday.



Please call Governor Romney, Your State Representative and State Senator =
to voice opposition to these housing cuts and to ask that they preserve =
funding for the state housing trust fund. =20



Governor Mitt Romney:  617-727-6250
State House Switchboard:  617-722-2000 (ask them to connect you to your =
Representative and Senator)

For more information, please call Diane Yentel at the Massachusetts =
Coalition for the Homeless, 617-423-9162 x108.











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<DIV><FONT face=3Darial,helvetica><FONT lang=3D0 face=3DArial size=3D2=20
FAMILY=3D"SANSSERIF">Alert Date 1-31-03</DIV>
<P align=3Dleft><BR>
<P align=3Dcenter></FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: =
#ffffff" face=3DArial=20
color=3D#000000 size=3D4 FAMILY=3D"SANSSERIF"><B>Calls Needed to =
Preserve State=20
Housing Trust Fund</FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: =
#ffffff"=20
face=3DArial color=3D#000000 size=3D2 FAMILY=3D"SANSSERIF"></B><BR>
<P align=3Dleft><BR>Yesterday, Governor Romney announced over $17 =
million in=20
emergency cuts to housing programs in the current fiscal year budget as =
part of=20
a larger package of nearly $500 million in cuts and savings.&nbsp; This =
comes on=20
top of the $26 million in cuts already made to the Department of Housing =
and=20
Community Development budget this year.<BR><BR></FONT><FONT lang=3D0=20
style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 =
size=3D3=20
FAMILY=3D"SANSSERIF"><B>The State Housing Trust Fund&nbsp; - =
</FONT><FONT lang=3D0=20
style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial color=3D#000000 =
size=3D2=20
FAMILY=3D"SANSSERIF"></B><BR>Three years ago the Legislature and the =
Governor=20
passed the Affordable Housing Trust Fund bill making a commitment to put =
aside=20
$100 million ($20 million per year for 5 years) to establish a fund to =
create=20
and rehabilitate affordable housing. 10% of all trust fund grants are =
targeted=20
to the creation of housing for extremely low-income renters.&nbsp; =
<BR><BR>The=20
Governor has proposed a $7.5 million cut from the trust fund, which is =
all of=20
the remaining, uncommitted funds for this year.&nbsp; Of this amount, $5 =
million=20
would have been used for public housing modernization and $2.5 million =
for the=20
production of affordable housing. <BR><BR><U>The Governor will need =
legislative=20
approval to make this change.</U><BR><BR>Additional cuts were made to =
public=20
housing funds ($4.9 million) and to programs that provide grants or =
loans to=20
enable developers to build low-income housing&nbsp; - $5.3 million from =
the=20
State Housing Assistance for Rental Production (SHARP) and $500,000 from =
the=20
Rental Housing Development Action Loan Program (RDAL).<BR><BR>Although =
the=20
public housing, SHARP and RDAL cuts take effect immediately, <U>the =
Governor=20
needs legislative approval to cut the housing trust fund.</U>&nbsp; The =
House=20
and Senate may take up the Governor's legislative package as early as=20
Monday.<BR><BR>
<P align=3Dcenter></FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: =
#ffffff" face=3DArial=20
color=3D#000000 size=3D3 FAMILY=3D"SANSSERIF"><B>Please call Governor =
Romney, Your=20
State Representative and State Senator to voice opposition to these =
housing cuts=20
and to ask that they preserve funding for the state housing trust =
fund.&nbsp;=20
</FONT><FONT lang=3D0 style=3D"BACKGROUND-COLOR: #ffffff" face=3DArial =
color=3D#000000=20
size=3D2 FAMILY=3D"SANSSERIF"></B><BR>
<P align=3Dleft><BR>Governor Mitt Romney:&nbsp; 617-727-6250<BR>State =
House=20
Switchboard:&nbsp; 617-722-2000 (ask them to connect you to your =
Representative=20
and Senator)<BR><BR>For more information, please call Diane Yentel at =
the=20
Massachusetts Coalition for the Homeless, 617-423-9162=20
x108.<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR></P></FONT></FONT></BODY></H=
TML>

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