01/06/2022
[Action Request] Hey fam, the HBN Assembly, Louisville Tenants' Union, kNOw LMPD, and other groups are taking a stand this week! We have the RIGHT to say how OUR tax dollars are spent and we're demanding that money be allocated to housing for those with the greatest need. Stand with us by submitting a budget comment using the provided statement below to the Louisville Metro Budget Committee. See graphics for a step by step walk thru. Thank you for your time!
Submissions are due by THIS Friday, June 3rd, at 5pm
Link to Budget Comment Submission Form: https://louisvilleky.wufoo.com/forms/z1ls6po10gjsdnk/...
Provided Budget Comment (below):
The Louisville Affordable Housing Trust Fund (LAHTF) has failed to create sufficient housing units for people making under 30% area median income. That means people living on $35,000 OR LESS a year remain unable to access housing that is genuinely and permanently affordable for them. This remains our greatest housing failure. The 2019 Louisville Housing Needs Assessment determined a minimum of 30,000 housing units was needed to address this crisis, which since the pandemic is even worse. It is clear, the LAHTF is essentially a developer slush fund that is not working. We want the Louisville Metro Council to make better outcomes possible by creating a People’s Housing Trust Fund and funding it with a minimum of $2.5 million, but we encourage the council to invest even more. The People’s Housing Trust Fund (PHTF) would create housing for people making at or below 30% area median income through: 1) social housing, 2) cooperatively owned housing, and 3) community land trusts. PHTF should be led by tenants and tenant-led organizations, resulting in housing that is tenant controlled, hazard free, and permanently affordable. Where can we find the funds to make this happen? We are asking Metro Council to rescind its pledge to fund the West End Opportunity Partnership (WEOP) and the West End TIF. Combining the $10 million reserved for them in last year’s budget with the $5 million they’ve requested from this year's budget, together could provide $15 million for the People’s Housing Trust Fund. The city could also divert the additional $10 million that has been requested by Louisville Metro Police Department (LMPD) for land acquisition, etc, to PHTF. That would provide a combined total of $25 million (from both the WEOP and LMPD) to finally address our city’s growing housing crisis. Funding the WEOP, LAHTF, pet projects from the wealthy elite such as Envirome Institute, and increasing funding to LMPD is a waste of our tax dollars. To learn more about the WEOP please visit: www.hbnassembly.org/westendtif. We also invite you to review the Hilliard Heintze January 2021 LMPD audit commissioned by the city.