Rick Scott’s budget would raid affordable housing trust funds
Gov. Rick Scott’s proposed budget would shift nearly 77 percent of the $293.4 million earmarked for low-income housing next year to other state priorities. That works out to $224 million from state and local housing trust funds that won’t go for their intended purpose. State law reserves a portion of the take from documentary stamp tax on real estate transactions for low-income housing. The trust fund total is an estimate reached by state economists in December, and could vary depending on…