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

Cardell Orrin
Jeremiah Smith
Darrah Hall
Kaitlin Buccini
Jean Jordan
Sumita Montgomery
Joy Bobo-Beasley
Carl Awsumb
Andrew Murray
Amanda Lane
Tunishia Kuykindall
robin salant
Kinah Burks
Paige Phebus
Dannon Eubanks
Jessica Coop
Mary McConner
Livie Glazier
Jazmyne Wright
Austin DeVine
Monitra Cage
Susan Moinester
Kiya Black
Jessica Murray
Tiara Alford
Shericka Blair
Valerie Bobo
Tanithia Bynum
Hannah Williams
Paul Garner
562 SIGNATURES
3,000 signatures

Will you sign?

  • Cardell Orrin
    signed 2021-05-19 15:01:39 -0500
    This is much needed for our children, families, and communities!
  • Jeremiah Smith
    signed 2021-05-18 13:06:12 -0500
    Memphis desperately needs community-directed funding for safe, secure, affordable housing. I hope that the proposed trust fund can be the beginning of establishing this!
  • Darrah Hall
    signed 2021-05-18 12:24:39 -0500
  • Kaitlin Buccini
    signed 2021-05-18 11:58:00 -0500
  • Jean Jordan
    signed 2021-05-18 11:44:50 -0500
    There’s a property at 1263 S. Willett, (38106) that would be the perfect location for a much needed affordable senior apartments. We have several senior occupied homes in Glenview and Rozelle Annesdale, where neighbors are finding them difficult to maintain. However, these seniors do not want to leave their communities. To create a less stressed Memphis population, we need to invest and promote all inclusive, multi-generational neighborhoods. I need help with locating the private and public partners to develop the asset .
  • Sumita Montgomery
    signed 2021-05-18 11:32:42 -0500
  • Joy Bobo-Beasley
    signed 2021-05-18 10:29:44 -0500
    The Riverview Kansas ’s community has rezoned as the downtown but has not received any federal assistance fund for affordable housing opportunities or economic development growth. . So maybe these funds can revitalize in a community that really need it.
  • Carl Awsumb
    signed 2021-05-17 19:12:51 -0500
  • Andrew Murray
    signed 2021-05-17 15:48:00 -0500
  • Amanda Lane
    signed 2021-05-15 14:54:41 -0500
  • Tunishia Kuykindall
    signed 2021-05-14 14:57:44 -0500
  • robin salant
    signed via 2021-05-14 13:40:38 -0500
  • Kinah Burks
    signed 2021-05-14 10:13:33 -0500
  • Paige Phebus
    signed 2021-05-13 11:45:28 -0500
  • Dannon Eubanks
    signed 2021-05-13 11:25:17 -0500
  • Jessica Coop
    signed 2021-05-13 09:53:14 -0500
  • Mary McConner
    signed 2021-05-12 19:12:00 -0500
  • Livie Glazier
    signed 2021-05-12 18:58:30 -0500
  • Jazmyne Wright
    signed 2021-05-12 18:14:31 -0500
  • Austin DeVine
    signed 2021-05-12 18:14:18 -0500
  • Monitra Cage
    signed 2021-05-12 17:19:22 -0500
    I am so excited about this program
  • Susan Moinester
    signed 2021-05-12 10:58:17 -0500
  • Kiya Black
    signed 2021-05-12 10:13:13 -0500
    I work as a case manager for youth who are facing homelessness, and one of the biggest barriers that they face is that they are not able to find housing they can afford considering the average rate of pay for most of the jobs that they are eligible for. Having more affordable housing will allow this youth to find stable ground and support their progress towards being fully contributing members of the Memphis community.
  • Jessica Murray
    signed 2021-05-12 10:11:39 -0500
  • Tiara Alford
    signed 2021-05-12 10:00:40 -0500
    Thank u
  • Shericka Blair
    signed 2021-05-11 13:56:30 -0500
  • Valerie Bobo
    signed 2021-05-11 13:28:13 -0500
    We really need affordable housing for homeless families and individuals. The working poor has a hard time finding adequate housing in the City of Memphis.
  • Tanithia Bynum
    signed 2021-05-11 13:11:00 -0500
  • Hannah Williams
    signed 2021-05-11 11:52:25 -0500
  • Paul Garner
    signed 2021-05-11 09:05:54 -0500

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