Ballot Box Breakdown: Orleans Parish voters to decide on two Home Rule Charter amendments
NEW ORLEANS — Parishwide Home Rule Charter Amendment Proposition No. 1 of 2:
Shall Article VI of the Home Rule Charter of the City of New Orleans be amended to establish a Housing Trust Fund dedicated exclusively to ensuring the availability of affordable housing within the City, and to require an annual appropriation of at least two percent of the City’s annual general fund to the Housing Trust Fund as provided in Ord. No. 29828, M.C.S.?
This was put forth by multiple council members in March and would establish the Housing Trust Fund, which aims to help aid the affordable housing crisis.
It would dedicate an amount equal to 2-percent of the General Fund to the trust, which would fund affordable housing, rehab and renovation projects, and provide funding for affordable rental assistance and other housing needs.
https://www.wwltv.com/article/news/local/the-breakdown/new-elections-ballot-box-breakdown-orleans-parish-voters-to-decide-on-two-home-rule-charter-amendments/289-3b18969d-5b1a-4dea-a29d-0220d6a8a896