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

Robert Rgerd
Regina Vanarsdale
Kimberly Henderson
Terahne Cheairs
Jeffery Taylor
Kimberly Hooper-Taylor
Ashley Porter
Kristin Carter
Carla Faulkner
Shanice Vasser
Dorcas Rainey
Sweetrica Baker
Raina Henderson
Damon Williams
Derrick Martin
Mariah Peña
Courtnee Wall
Suzanna Marshall
Zac Layman
Evan Davis
Tyson Hairr
Cardell Orrin
Cedrick Earley
Alexis Wade
Courtnee Wall
Erin Kay
Jordan Howard
Alan Butler
Brooks Padgett
Rachel Starks
580 SIGNATURES
3,000 signatures

Will you sign?

  • Robert Rgerd
    signed via 2021-03-02 13:09:36 -0600
  • Regina Vanarsdale
    signed 2021-03-02 12:59:18 -0600
  • Kimberly Henderson
    signed 2021-03-02 12:31:55 -0600
  • Terahne Cheairs
    signed 2021-03-02 10:58:13 -0600
  • Jeffery Taylor
    signed 2021-03-02 10:50:22 -0600
  • Kimberly Hooper-Taylor
    signed 2021-03-02 10:07:06 -0600
  • Ashley Porter
    signed 2021-03-02 10:02:31 -0600
  • Kristin Carter
    signed 2021-03-02 09:51:38 -0600
  • Carla Faulkner
    signed 2021-03-02 09:48:24 -0600
  • Shanice Vasser
    signed 2021-03-02 09:42:40 -0600
  • Dorcas Rainey
    signed 2021-03-02 09:37:13 -0600
  • Sweetrica Baker
    signed 2021-03-02 07:07:15 -0600
  • Raina Henderson
    signed 2021-02-26 19:24:32 -0600
  • Damon Williams
    signed 2021-02-26 17:49:12 -0600
  • Derrick Martin
    signed 2021-02-25 18:15:11 -0600
  • Mariah Peña
    signed 2021-02-23 10:47:53 -0600
  • Courtnee Wall
    signed 2021-02-23 09:06:03 -0600
  • Suzanna Marshall
    signed 2021-02-23 09:05:40 -0600
  • Zac Layman
    signed 2021-02-23 09:04:59 -0600
  • Evan Davis
    signed 2021-02-23 09:03:53 -0600
  • Tyson Hairr
    signed 2021-02-23 09:02:46 -0600
  • Cardell Orrin
    signed 2021-02-23 09:01:44 -0600
  • Cedrick Earley
    signed 2021-02-13 09:54:09 -0600
  • Alexis Wade
    signed via 2021-02-09 13:47:15 -0600
  • Courtnee Wall
    signed via 2021-02-09 12:31:29 -0600
  • Erin Kay
    signed via 2021-02-09 12:13:11 -0600
  • Jordan Howard
    signed via 2021-02-09 10:39:33 -0600
  • Alan Butler
    signed via 2021-02-09 10:30:43 -0600
  • Brooks Padgett
    signed via 2021-02-09 10:27:25 -0600
  • Rachel Starks
    signed 2021-02-09 09:52:41 -0600

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