Advocates are marking a 25-year-old tragedy by urging lawmakers to remember the economic dividends of investing in affordable housing.
The Sadowski Coalition is asking lawmakers not to divert money from a $292 million trust fund that is supposed to help low-income people find homes and apartments.
Florida Housing Coalition CEO Jamie Ross says the investment would create nearly 30,000 jobs.
“And so we honor Bill Sadowski’s legacy by urging the Florida Legislature to make the most of this opportunity to create jobs and massive economic benefit while helping its constituents.”
The group takes its name from former Community Affairs Secretary William “Bill” Sadowski, who was killed in a plane crash in 1992.
Lawmakers agreed to set aside a fraction of a tax on real estate transactions to pay for affordable housing, but have diverted about 25 percent of it over the past quarter century.
