More from the Columbus Dispatch on the Senate GOP’s raid of the Ohio Housing Trust Fund:

The proposed raid of $30 million from the Housing Trust Fund is already drawing criticism from House Democrats who say the move is unwise as Ohio faces the worst foreclosure crisis in state history.

The fund helps pay for homeless shelters, housing programs, housing projects and home repairs for seniors. The fund, generated from fees on the sale of houses, is expected to have about $35 million per year, which is already down from $53 million.

?This would be devastating,? said Bill Faith, executive director of the Coalition on Homelessness and Housing in Ohio. ?It?s entirely outrageous that they would take money from the homeless.?

That means the House Trust Fund, under the GOP proposal would lose 90% of its funding from the last budget.? $5 million dollars for homeless shelters, housing repairs for seniors, and housing programs for low-income Ohioans.

Meanwhile, they’d give charter schools $70 million more than the current budget already gives them.

In completely unrelated news, “Weak Building a Drag on Economic Recovery.”?

But at least David Brennan of White Hat Management will have more taxpayer dollars in which he can turn into campaign donations for the GOP next year…

Categories

Archives

Advertisement