Winter 2008 Journal

$6.2 Billion Stimulus for Florida’s Economy at Stake: Housing Trust Funds Must be Used for Housing The cap on the Affordable housing trust funds went into effect in July, 2007. That means that the distribution of monies collected from the revenue dedicated to affordable housing from the Sadowski Act is now limited to a maximum of $244 million per year. But in the 2008 legislative session, over $596 million is available for appropriation out of the state and local housing trust funds.