Frustrated by a lack of funding and support from the city, two members of the Housing Trust Fund Committee resigned Wednesday.
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Two members of the city’s Housing Trust Fund Committee, including its chairman, resigned Wednesday in protest of what they call a lack of action on affordable housing initiatives.
“We’re a housing trust fund with no funds,” said committee member and housing industry consultant Joseph Honick. “The commitment from the city has disappeared.”
Honick joined committee chairman John de Chadenedes in announcing their resignations at Wednesday night’s City Council meeting.
De Chadenedes, who serves as the coordinator of the King County Housing Finance Program, told the council that the 2008 budget “abandoned” affordable housing initiatives by failing to put dollars toward new preservation and building projects. The lack of funding makes his committee a “purely symbolic” entity.
By order of the mayor’s office, the city’s affordable housing planning staff declined to comment on the resignations and on the activities of the HTF committee. Mayor Darlene Kordonowy did not return calls for comment.