On November 14, Senator Kathleen Passidomo (R-Naples) and Representative Sean Shaw (D-Tampa) held a press conference to announce legislation they sponsored for the 2018 session that would prohibit future sweeps of the Sadowski Housing Trust Funds. FCCB staff stood with supporters at the press conference.
The FCCB is an original member of the Sadowski Coalition and has supported full appropriation of the housing trust funds since passage of the Sadwoski Act in 1992. Through documentary stamps on real estate transactions, this act provides funding for construction and rehabilitation of affordable housing, down payment assistance, and limited rental development to assist the disabled, elderly, veterans, and others in need of housing assistance.
Full appropriation of the housing trust fund will improve access to affordable housing as well as help create over 30,000 jobs and more than $4 billion in positive economic impact in Florida.