Affordable housing proposal nets 62,000 petition signatures

Backers of a proposed constitutional amendment aimed at ensuring money for affordable housing continue adding petition signatures as they try to get on the November 2022 ballot.

The Florida Division of Elections as of late Friday afternoon had received 62,552 valid petition signatures for the initiative spearheaded by the political committee Floridians for Housing.

If the proposal gets on the ballot and is approved by 60 percent of voters, it would establish in the Florida Constitution the State Housing Trust Fund and the Local Government Housing Trust Fund. It would require that the trust funds receive at least 25 percent of the revenue from documentary-stamp taxes — which are collected on real-estate transactions — and would detail how the money could be used to address affordable housing.…