A bill that will redirect funds meant to ensure affordable housing across Florida is headed to Governor Ron DeSantis’ desk to be signed in to law.
The bill named Bill 2512 was approved last week by both the House and the Senate.
According to the report, bill 2512 would permanently redirect two-thirds of housing trust funds to environmental issues such as sea level rise and wastewater infrastructure projects each year.
CEO Diana Stanley of The Lord’s Place, says she is concerned about the bill because the community has recently seen an uptick in need for affordable housing due to the pandemic:
“The only people who are going to be hurt from this are the people who need affordable housing. You know, affordable housing is also designed for special needs populations. SO, we’re seeing an increase right now in older Americans that are facing homelessness for the first time ever in their life, you know, that’s a population we’re really concerned with,” said Stanley.
According to FloridaHousing.org the original bill allocated $30 million dollars in housing trust funds to create affordable rental properties and to assist low income households making “below 30% of area median income. ”
It is unclear if Governor DeSantis plans to sign the bill in to law.