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Official 2016 Presidential General Election Question Text

Last Updated 12/09/2016 10:56:19 AM

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Baltimore City

Question J
Charter Amendment
Affordable Housing Trust Fund

The petition is for the purpose of amending the Baltimore City Charter to establish a continuing, non-lapsing Affordable Housing Trust Fund to be used exclusively to provide broadly defined projects and programs related to establishing and preserving affordable housing in Baltimore City. Revenue for the Fund is as provided in the Ordinance of Estimates, grants and donations, mandatory and voluntary payments made pursuant to ordinances establishing development policy, a portion of tax increment financing revenue and any other source established by ordinance. These allocation methods are not subject to discretion in the budget process, other fiscal priorities or constraints imposed by revenue limitations. The Petition authorizes oversight, governance, and administration of the Fund by the Department of Housing and Community Development and a 12 member commission.