Proposed Changes to Affordable Housing Funding (Withdrawn)
February 23, 2026
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
Where This Stands
This resolution did not advance - its current status is "Withdrawn".
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →The Frame
The proposal would have redirected specific tax revenues from expired exemptions and delinquent property sales into the Affordable Housing Trust Fund, but the legislation is no longer active.
Potentially affected actors named in the source documents. Mention is not a position.
Affordable Housing Trust Fund
The fund would have been subject to new regulations and potential changes in revenue sources under the proposed ordinance.
Property owners with tax exemptions
The ordinance proposed changes to how revenues from the expiration of these exemptions are managed.
Last recorded activity February 23, 2026.
Next step not available in the current record.
Summary
Key Facts
- The ordinance was officially withdrawn by the City Council.
- The proposal sought to repeal City Code § 12-46 regarding revenue from expired real estate tax exemptions and tax-delinquent property sales.
- The proposal sought to amend City Code § 16-114 regarding regulations for the Affordable Housing Trust Fund.
- The proposal sought to add a new section, 12-14, to the City Code to govern appropriations to the Affordable Housing Trust Fund.
- The stated purpose of the ordinance was to provide for the disposition and evaluation of specific revenues for affordable housing initiatives.
Why It Matters
The proposal would have redirected specific tax revenues from expired exemptions and delinquent property sales into the Affordable Housing Trust Fund, but the legislation is no longer active.
Frequently Asked Questions
Is this ordinance currently in effect?
What was the goal of this ordinance?
News Coverage
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Withdrawal of Housing Funding Reform
The city attempted to formalize the funding stream for the Affordable Housing Trust Fund via code amendment but withdrew the measure immediately upon introduction.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
Publisher tools