Reinvest in the Memphis Affordable Housing Trust Fund

As Memphians we believe in an inclusive community where businesses, households, and neighborhoods thrive. The Affordable Housing Trust Fund will not only improve quality of life for individual residents but also strengthen the economy, generate capital, and fortify our city's tax base. 

By signing this petition, you are calling on the City of Memphis to Reinvest in the Affordable Housing Trust Fund by establishing a permanent and dedicated source of funding that will increase each fiscal year. Despite COVID-19 resulting in a local eviction crisis and the exacerbation of housing insecurity, the City of Memphis recently defunded the Memphis Affordable Housing Trust Fund - one of the strongest dedicated vehicles we have for streamlining and addressing the need for affordable housing development in Memphis.We urge our Memphis City Council to fund the Memphis Affordable Housing Trust Fund annually and permanently at a minimum of 2/3rd of a penny of the City’s debt service beginning in FY2022.

Across the country, there are over 750 housing trust funds - the majority of which have increased their affordable housing contributions throughout COVID-19. Many governments have both dedicated public dollars while raising private funding ranging between 10 to 200 million dollars in local housing trust funds for the development and rehabilitation of affordable housing, and supportive housing programs like down payment assistance, housing counseling, home repair, or a variety of other projects. Based on examples of peer city trust funds, it is imperative that the Memphis government secure a long-term and dedicated funding source for a consistent & sustainable public effort to address affordable housing needs in Memphis.

For more information, contact [email protected].

 

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En Espanol 

Reinventir en el Fondo Fiduciario de Vivienda Asequible de Memphis 

Como residentes de Memphis creemos en una comunidad inclusiva donde las empresas, los hogares y los vecindarios prosperan. El Fondo Fiduciario de Vivienda Asequible no solo mejorará la calidad de vida de los residentes individuales, sino que también fortalecerá la economía, generará capital y fortalecerá la base impositiva de nuestra ciudad.

 

Al firmar esta petición, usted está pidiendo a la ciudad de Memphis que reinvierta en el Fondo Fiduciario de Vivienda Asequible estableciendo una fuente permanente y dedicada de financiamiento que aumentará cada año fiscal. A pesar de que covid-19 resultó en una crisis de desalojo local y la exacerbación de la inseguridad de la vivienda, la ciudad de Memphis recientemente ha desfinanciado el Memphis Affordable Housing Trust Fund - uno de los vehículos dedicados más fuertes que tenemos para racionalizar y tratar la necesidad del desarrollo de la vivienda asequible en Memphis.

 

En todo el país, hay más de 750 fondos fiduciarios de vivienda, la mayoría de los cuales han aumentado sus contribuciones de vivienda asequible a lo largo de COVID-19. Muchos gobiernos han dedicado dólares públicos mientras consiguen fondos privados que oscilan entre 10 y 200 millones de dólares en fondos fiduciarios locales de vivienda para el desarrollo y rehabilitación de viviendas asequibles, y programas de vivienda de apoyo como asistencia de pago inicial, consejería de vivienda, reparación de viviendas o una variedad de otros proyectos. Basado en ejemplos de fondos fiduciarios de la ciudad, es imperativo que el gobierno de Memphis asegure una fuente de financiación a largo plazo y dedicada para un esfuerzo público consistente y sostenible para tratar las necesidades de vivienda asequible en Memphis.

¿Firmaría?

Who's signing

Latrece Gardner
Melisha Arnett
Kiarra Fortney
Erin Midgley
Jimmie Hopson
Letha Steen
maurice williams
Tristan McKenzie
Stephanie Rice
Mary Carnes
Will Freiman
Cecilia Maciel Martínez
Kathy Temple
Jermil Briggs
Jana Wilson
Jasmine Holland
Keith Turbett
Luke Waters
zachary waters
Tamara Cunningham
Samantha Moore
Gregory Love
Amanda Russell
Alexa Zabella
Luba O'Dell
Lily Spencer
Terence Martin
Dedra Macklin
Brody Wamble
Amy Mulroy
563 SIGNATURES
3,000 signatures

Will you sign?

  • Latrece Gardner
    signed 2021-11-24 18:16:44 -0600
    Please fund it for 2022
  • Melisha Arnett
    signed via 2021-10-05 18:40:32 -0500
  • Kiarra Fortney
    signed 2021-10-05 18:29:17 -0500
  • Erin Midgley
    signed 2021-09-24 14:37:35 -0500
  • Jimmie Hopson
    signed 2021-08-27 09:09:48 -0500
  • Letha Steen
    signed 2021-07-30 14:13:32 -0500
  • maurice williams
    signed 2021-07-27 10:44:53 -0500
    We need to rebuild our inner city with newly built affordable homes in 38128 that appraise for between 185000 to 200000 to attract good tenants instead of renters
  • Tristan McKenzie
    signed 2021-07-19 12:09:14 -0500
  • Stephanie Rice
    signed 2021-07-16 12:13:56 -0500
  • Mary Carnes
    signed 2021-07-12 12:43:35 -0500
  • Will Freiman
    signed 2021-07-07 14:38:11 -0500
  • Cecilia Maciel Martínez
    signed 2021-06-30 09:59:44 -0500
  • Kathy Temple
    signed 2021-06-30 09:17:22 -0500
  • Jermil Briggs
    signed 2021-06-28 17:28:20 -0500
  • Jana Wilson
    signed 2021-06-25 16:23:35 -0500
  • Jasmine Holland
    signed 2021-06-19 11:01:46 -0500
  • Keith Turbett
    signed 2021-06-17 09:37:39 -0500
    Signing as the Chairman of the Tennessee Affordable Housing Coalition
  • Luke Waters
    signed via 2021-06-16 09:25:51 -0500
  • zachary waters
    signed 2021-06-15 22:41:03 -0500
  • Tamara Cunningham
    signed 2021-06-15 19:04:02 -0500
  • Samantha Moore
    signed 2021-06-14 10:43:10 -0500
  • Gregory Love
    signed 2021-06-11 14:47:06 -0500
  • Amanda Russell
    signed 2021-06-10 09:37:41 -0500
  • Alexa Zabella
    signed 2021-06-09 15:13:32 -0500
  • Luba O'Dell
    signed 2021-06-09 14:22:12 -0500
  • Lily Spencer
    signed 2021-06-09 13:19:42 -0500
  • Terence Martin
    signed 2021-06-09 07:31:13 -0500
  • Dedra Macklin
    signed 2021-06-08 11:19:21 -0500
    Westwood-IndianHills & Neighboring Developments (WIND,CDC) mission is redevelopment for sustainability within 38109 communities.
  • Brody Wamble
    signed 2021-06-08 11:09:14 -0500
  • Amy Mulroy
    signed 2021-06-08 10:04:14 -0500

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