For Immediate Release
Wednesday, March 18, 2015
Contact:
Sarah Bascom, sarah@bascomllc.com, 850.294.6636
Kelsey Swithers, kelsey@bascomllc.com, 941.400.8183
Tallahassee, Fla. – The Sadowski Housing Coalition today applauded the Senate Appropriations Committee for amending Senate Bill 586, sponsored by Senator Charlie S. Dean (R-Inverness), to not hurt affordable housing. As amended, SB 586, an Amendment 1 implementing bill, will ensure that the underlying distribution of documentary stamp revenues governed by section 201.15, Florida Statutes, will not reduce the doc stamp monies that go into the affordable housing trust funds.
“We are very pleased that the Florida Legislature found ways to implement Amendment 1 without changing the distribution of doc stamps into the state and local trust funds,” said Jaimie Ross, facilitator for the Sadowski Coalition and president of the Florida Housing Coalition. “We sincerely thank Senators Alan Hays and Chris Smith for filing amendments to protect affordable housing, and we appreciate the members of the committee for voting to amend SB 586 so that it implements Amendment 1, without harming affordable housing.”
“Our next immediate priority is to work with the House and Senate to fully appropriate the doc stamp monies in the housing trust funds to help Florida’s seniors, veterans, special needs populations and hardworking families,” said Trey Price, public policy representative for the Florida Realtors, who is a member of the Sadowski Coalition. “The $266.87 million in state and local housing trust funds this fiscal year will help all those populations, as well as the homeless, while producing 25,000 jobs in Florida and a positive economic impact of more than $3 billion dollars for our state.”
For more information on the Sadowski Coalition, please visit www.SadowskiCoalition.com or follow @SadowskiFL.
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