Advocates in Utah are pushing for more funding for affordable housing in the state as the legislative session nears its end. HB286, sponsored by Rep. Carol Spackman Moss, would allocate 25% of net liquor sales profits to the Olene Walker Housing Loan Fund, providing an estimated $28 million for housing development for low- and moderate-income families. Spackman Moss emphasized the importance of affordable housing in building wealth and passing assets to future generations. Nonprofit organizations like Habitat for Humanity Greater Salt Lake Area support the bill, emphasizing the need for ongoing funding.
However, the bill is facing challenges in the House committee, and Senate leaders are hesitant due to existing allocations for liquor sales profits. Sen. Jerry Stevenson noted that liquor sales revenue is stagnant or declining and currently allocated for enforcement, prevention, and school lunch programs. With tighter budgets this year, a tax cut is also under consideration. Despite these obstacles, advocates remain committed to securing funding for affordable housing in Utah.
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