Rick Scott’s Budget Would Raid Affordable Housing Trust Funds

Gov. Rick Scott’s proposed budget would shift nearly 77 percent of the $293.4 million earmarked for low-income housing next year to other state priorities.

That works out to $224 million from state and local housing trust funds that won’t go for their intended purpose.

State law reserves a portion of the take from documentary stamp tax on real estate transactions for low-income housing…read more