Title: Supportive Housing for the Elderly Program

Summary: Urges Congress to restore funding for Supportive Housing for the Elderly Program.

Full Text:
WHEREAS, half of people age or older reside in nine states, led by Florida, California, and New York, and WHEREAS, interest rates for personal savings accounts have dropped to less than one-half of percent, pension and health care payments for retirees are decreasing, and the value of investments in 401(k) retireme nt savings accounts and stocks have dramatically decreased, and WHEREAS, federal funding for low-cost housing was eliminated in 2012 after being cut dramatically from $650 million in 2005 to $78 million in 2011, and WHEREAS, with thousands of low-income seniors on waiting lists, some for as many as years, there is a desperate need for low-cost housing for seniors, NOW, THEREFORE, Be It Resolved by the Legislature of the State of Florida: That the Congress of the United States is urged to assist HM 2014 hm0925 FL OR I DA HO US EO FR EP RE SE NT A TI VE Sour nation's low-income seniors by restoring and adequately funding the Supportive Housing for the Elderly Program. BE IT FURTHER RESOLVED that copies of this memorial be dispatched to the President of the United States, to the President of the United Stat es Senate, to the Speaker of the United States House of Representatives, and to each member of the Florida delegation to the United States Congress.