City of Tampa Joined Mayor’s and CEOs in Push to Protect, Expand Federal Investment in Affordable Housing and Homeless Services
City joins coalition representing 17 million households in 23 cities, millions of consumers
Tampa, Fla. – The City of Tampa today joined Mayors & CEOs for U.S. Housing Investment, the first-of-its-kind coalition of local government and business leaders collaborating to advance public-private partnerships that tackle affordable housing and homelessness and actively oppose current funding cuts. The housing investment group now counts as members Republican and Democratic mayors and businesses in Arizona, California, Colorado, the District of Columbia, Florida, Georgia, Indiana, North Carolina, Oregon, Pennsylvania and Washington.
“One of my first budget actions is enabling housing that Tampa can afford by focusing on smart growth, affordable housing down payments and assistance, increasing new housing stock and affordable rental opportunities and through new programs to lower housing costs through rehabilitation and energy conservation,” said Tampa Mayor Jane Castor. “But these local initiatives are not enough to address the nationally systemic issues of affordability and lack of supply. Tampa and all U.S. cities need the federal government as our partner at the core of the U.S. housing system, pledging to invest in housing that residents of Tampa and all American cities can afford. This growing coalition is the right venue for us to push for that change.”
Mayors & CEOs for U.S. Housing Investment argues that U.S. housing is a pro-family, pro-jobs, patriotic investment for the federal government, not a cost. This rationale is seen in a National Association of Home Builders study showing that innovative investing in, and building of, 100 affordable rental homes can generate more than $11 million in local income, $2 million in taxes and other revenue for local governments, and more than 160 local jobs, all in the first year. The National Low Income Housing Coalition also found that investment bears dividends economically and socially: for every additional year a child spends in a better neighborhood environment, their economic outcome as an adult improves, extending benefits to their community.
Mayors and CEOs for U.S. Housing Investment works to:
- Ignite a national conversation that reminds the nation that housing is pro-family, pro-jobs and pro-investment.
- Bring the private sector to the table as powerful partners that understand how investing in our communities leads to economic growth, a stronger workforce, and stronger cities.
- Sustain advocacy to influence major policy and funding reforms for housing and homeless programs at the federal level.
- Reinforce that the federal government has a vital role in housing and homeless assistance and must be a partner.