09/02/2026
Call to Action: Stop the Housing Trust Fund Steal to Bail Out City Budget
Issue:
• Voters approved dedicated funding for the Housing Trust Fund specifically to support small-scale, community-rooted affordable housing, the kind of duplexes and fourplexes that can be built quickly, by right, in neighborhoods across the city.
• The 2027 funding plan now on the table sends the bulk of the Fund's dollars toward a handful of large developments rather than the small, distributed investments.
What the Mayor and Council Can Do:
• Publicly commit to NOT approve the 2027 large-development allocation as proposed by the Housing Trust Fund Advisory Committee to “bailout the administration.”
• Return to the small-scale, distributed investment model the voters were sold on.
• Reject any further use of Housing Trust Fund dollars to patch general fund budget shortfalls.
What You Can Do:
🔹 Cut and Paste the Text Below in Comments Section Here:
https://council.nola.gov/committees/housing-trust-fund-advisory-committee/
TEXT "Voters approved the Housing Trust Fund for small, affordable community housing investments, which this advisory committee is now proposing be redirected to bail out large development that voters did not approve. Keep your promise on the Housing Trust Fund."
The Housing Trust Fund Advisory Committee is established annually to make recommendations to the City Council regarding how the Housing Trust Fund should be distributed. To read more about the creation and requirements of the Housing Trust Fund, view the Municode.