MARYLAND ABCD NETWORK ACTION ALERT
$5 Million in Rental Housing Works Funds at Risk-Action Needed Now!
The Governor’s 2014 budget request for the Rental Housing Works Initiative is $25 million. The Department of Legislative Services (DLS) has recommended a cut of $5 million dollars. We all need to take action in the next few days to stress to the legislators who serve on the House and Senate Capital Budget Subcommittees how important it is to preserve full funding for RHW. When we were faced with a similar cut last year we were incredibly effective in preserving RHW funding by reaching out to key legislators by email. Your email can be a relatively simple and short message. One example is:
Please fully fund the $25 million requested by the Governor for the Rental Housing Works Initiative. The existing funds appropriated in FY 2013 have been fully utilized and there is already a pipeline of projects in excess of $5.5 million. There is a strong demand for these funds that create jobs, affordable rental units, increase state and local revenues and other substantial investments to Maryland.
If you want to prepare a more detailed message, you can personalize it referring to a specific project or you can use the data below on what would be lost to Maryland if a $5 million cut is enacted.
We urge you to send an individual message to each of the following members of the Capital Budget Subcommittees. If for some reason you cannot email each subcommittee member, please focus on the subcommittee chairs and legislators where you do business or with whom you have a relationship.
Please do this right away- our goal is to have all emails sent by 12:00 noon on Friday, March 8th.
Senate Capital Budget Subcommittee:
James E. DeGrange, Sr. (Chair)
Douglass J.J. Peters (Vice Chair)
Richard R. Colburn
George C. Edwards
Nancy J. King
Nathanial J. McFadden
House Capital Budget Subcommittee:
Adrienne A. Jones (Chair)
Melony G. Griffith (Vice Chair)
Wendell R. Beitzel
John L. Bohanan, Jr.
Steven J. DeBoy, Sr.
Adelaide C. Eckardt
Tawanna P. Gaines
Keith E. Haynes
James E. Proctor, Jr.
Craig J. Zucker
Potential RHW Cuts Would Really Matter – Funding Decrease Impact
|Jobs||1,900||1,520||380 fewer jobs|
|Units||1,100||880||220 fewer units|
|Private & Public Investment||$180,000,000||$144,000,000||$36 million less investment|
|State & Local Revenue
(over 15 years)
|$ 39,000,000||$ 31,200,000||$7.8 million less revenue|
|Tax Exempt Bonds||$137,000,000||$109,600,000||$27.4 million in lost bond authority|
Your participation is vital and we appreciate your taking action today to help secure $25 million in RHW funding!