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].

 

----------------

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

Ryan Rosenkrantz
James Hayes
Monika Rhyne
Kimberly Adams
Vivian Curtis
Alexandria Lane
Ledarrian Jackson
Sherry Scott-Chambers
Deb Ibonwa
Magaly Cruz
peggy jefferson
Janice Nichols
Robin Webb
teli shaw
Gisela Guerrero
Shenia Warren
Stephanie Bobo
Eli Cloud
Felicia Harris
Diane Malkin
Sue Anne Cobb
Emma O’Donnell
Ashlee Chambers
Tia Jennings
Nefertiti Orrin
Alexandra Howard
Michael Bardos
Zach Abdo
Carolyn Cox
Kayla Miller
562 SIGNATURES
3,000 signatures

Will you sign?

  • Ryan Rosenkrantz
    signed 2021-04-26 09:12:54 -0500
  • James Hayes
    signed 2021-04-26 09:11:48 -0500
  • Monika Rhyne
    signed 2021-04-25 21:27:04 -0500
  • Kimberly Adams
    signed 2021-04-25 08:58:21 -0500
  • Vivian Curtis
    signed 2021-04-24 13:44:13 -0500
  • Alexandria Lane
    signed 2021-04-24 10:24:45 -0500
  • Ledarrian Jackson
    signed 2021-04-24 10:12:53 -0500
    How long will it take for me to get assistance
  • Sherry Scott-Chambers
    signed 2021-04-24 07:42:06 -0500
    This is vitally important
  • Deb Ibonwa
    signed 2021-04-23 10:45:30 -0500
  • Magaly Cruz
    signed 2021-04-22 21:07:16 -0500
  • peggy jefferson
    signed 2021-04-22 12:27:09 -0500
  • Janice Nichols
    signed 2021-04-22 10:59:19 -0500
    Janice Nichols
  • Robin Webb
    signed 2021-04-22 06:02:49 -0500
  • teli shaw
    signed 2021-04-21 20:32:17 -0500
  • Gisela Guerrero
    signed 2021-04-21 18:09:11 -0500
  • Shenia Warren
    signed 2021-04-21 11:04:20 -0500
    The assistance is much needed
  • Stephanie Bobo
    signed 2021-04-20 21:44:32 -0500
    Thank you!
  • Eli Cloud
    signed 2021-04-20 11:35:39 -0500
  • Felicia Harris
    signed 2021-04-20 11:15:04 -0500
  • Diane Malkin
    signed 2021-04-20 10:28:56 -0500
  • Sue Anne Cobb
    signed 2021-04-20 10:14:35 -0500
  • Emma O’Donnell
    signed 2021-04-19 22:29:58 -0500
  • Ashlee Chambers
    signed via 2021-04-19 16:55:07 -0500
  • Tia Jennings
    signed 2021-04-19 15:22:35 -0500
  • Nefertiti Orrin
    signed 2021-04-19 14:29:27 -0500
  • Alexandra Howard
    signed 2021-04-19 10:53:39 -0500
  • Michael Bardos
    signed 2021-04-19 10:42:21 -0500
  • Zach Abdo
    signed 2021-04-19 10:27:46 -0500
  • Carolyn Cox
    signed 2021-04-16 20:24:59 -0500
    Funding affordable housing to people is a positive step to stop homelessness.
  • Kayla Miller
    signed 2021-04-16 12:27:49 -0500
    Change will happen.

connect