HomeMy WebLinkAboutMINUTES - 05121987 - 1.48 /'y,F
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on May 12 , 1987 by the following vote:
AYES: Supervisors Powers , Fanden, Schroder , Torlakson, McPeak.
NOES: None.
ABSENT: None .
ABSTAIN: None .
SUBJECT: Urging the United States ) RESOLUTION NO. 87/ 267
Congress to Adopt a National )
Housing Policy Reaffirming A )
Stong Federal Role in )
Stimulating Affordable )
Housing Opportunities )
WHEREAS, the Federal Government has long enunciated the goal of a
decent home and a suitable living environment for all Americans;
and
WHEREAS, until 1981, Federal expenditures for stimulating the
production of new affordable housing had steadily increased; and
WHEREAS, since 1981, Federal expenditures to stimulate production
of new affordable housing for low and moderate income persons
have drastically declined by over 700; and
WHEREAS, during this time, local housing finance agencies have
tried to fill the gap through issuance of tax exempt bonds and
other means to provide financing for affordable housing; and
WHEREAS, THE 1986 Tax Reform Act, drastically curtails the ability
of local housing finance agencies to issue tax exempt bonds to
finance new affordable housing for low and moderate income persons,
as well as, discouraging investment in such housing by eliminating
most tax incentives; and
WHEREAS, there continues to be an overwhelming need for direct
Federal expenditures for the acquisition, construction and
rehabilitation of affordable housing; and
WHEREAS, over 30,000 additional low and moderate income families
are required to be housed in Contra Costa County by 1990; and
WHEREAS, over 30,000 of the existing households in Contra Costa
County overpay for housing, live in overcrowded conditions, or
live in substandard structures.
NOW, THEREFORE, BE IT RESOLVED that the Board of Supervisors of
Contra Costa County hereby calls on the United States Congress to
adopt, as a priority, a national housing policy which reaffirms a
strong federal role in stimulating affordable housing opportunities;
and
BE IT FURTHER RESOLVED that the Board of Supervisors directs that
this resolution be transmitted to each member of the County' s
Congressional delegation and the Chairmen of the Senate and House
Housing Subcommittees.
,f hereby certify that this Is a true and correct copy of
an action i3ken and entered on the minutes of the
cc• Congressional Delegation Board of Supervi ora on the date shown.
• Association of Local Housing ATTESTEDc «..._._ 16 Z
Finance Agencies PHIL BATCHELOR,Cleric of the Board
Housing Authority of Supervisors.and County Administrator
County Administrator
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By �� /)* , DepufYy
RESOLUTION NO . 87/°267