AFFORDABLE HOUSING AFFECTS: YOU. ME. US.
DONATE TODAY! YOUR DONATION WILL ASSIST IN CREATING AWARENESS AND ENGAGING VOTERS.
VOTE TUESDAY, NOVEMBER 6
AT NO COST TO VOTERS, The Broward County Affordable Housing Trust Fund Referendum will create a trust fund for the Broward County Commission to invest into, without fear of funds being used for another purpose once committed. Funding from the trust fund will be used to create and sustain affordable housing for Broward County renters and homeowners.
6 Things you Should Know About the Broward County Affordable Housing Trust Fund Referendum
1. The purpose of the Trust Fund is to provide a continuing, non-lapsing fund for the Broward County Commission to use to address the need for affordable housing in Broward County, Florida.
2. Affordable Housing shall mean housing intended for very low to moderate income households as defined as follows: Income Eligible Person/Family: – means one or more natural persons or a family that has a total annual anticipated income for the household below 140 percent of the median annual income adjusted for family size for households within the Broward County.
3. The Trust Fund will be used to create and sustain affordable housing throughout Broward County for renters and homeowners and increase workforce housing opportunities.
4. The Trust Fund shall be funded by the County Commission, and may be comprised of the following sources:
5. Unspent portions of the Trust Fund, repayments of principal and interest on loans provided from the Trust Fund, and interest earned from the deposit or investment of monies from the Trust Fund:
6. The Trust Fund shall be administered by Broward County in a manner that allows the Trust Fund to leverage other sources of public funds and private investment; a recognized national best practice. The Trust Fund shall be included in the annual audit.
AFFORDABLE HOUSING AFFECTS: YOU. ME. US.
DONATE TODAY! YOUR DONATION WILL ASSIST IN CREATING AWARENESS AND ENGAGING VOTERS.
VOTE TUESDAY, NOVEMBER 6