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Legislation to fight sea level rise goes to Florida governor
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Legislation to fight sea level rise goes to Florida governor
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Lawmakers are considering sweeping funds away from affordable housing programs and using those dollars to support environmental initiatives outlined by Governor Ron DeSantis. That includes wastewater improvement projects and helping communities deal with the impacts of sea level rise and flooding
Lawmakers are considering a proposal to take money from an affordable housing trust fund to put toward environmental initiatives. But housing advocates and environmentalists say that takes away money from housing programs desperately needed in Florida.
The documentary stamp tax helps fund many different things, from land acquisition to state transportation. It also gives money to state and local government housing, which supports programs that develop and preserve affordable housing and assist people with down payments and financing. But lawmakers are seeking to reduce the money these programs get from the documentary stamp tax from about 24% to roughl
Housing, Environmental Advocates Blast Housing Fund Sweep
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The Nation’s Oldest City knows all too well the havoc that flooding and sea level rise.
The city of St. Augustine offered backup to the Speaker of the Florida House last week on resiliency legislation.
Mayor
Chris Sprowls supporting his proposal to create a
Resilient Florida Trust Fund. An official proclamation to this effect will follow reflecting the backing of local commissioners.
For St. Augustine, the stakes are as high as the floodwaters can get.
The House is looking to budget $25 million next fiscal year and establish a program to help local governments cover costs of addressing flooding and sea level rise. The plan, which would set up the Resilient Florida Trust Fund within the Department of Environmental Protection, calls for funding to jump to $100 million annually starting in the 2022-2023 fiscal year.