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Tampa proposes revolving housing fund, reduces general-fund supplement by $2 million in FY26
Summary
Finance staff recommended changing the housing fund to a revolving model to reduce the FY26 general-fund supplement from about $9.7 million to roughly $8 million, freeing flexibility for the housing department while noting potential future funding from CRA commitments and a large county CDBG-DR grant pending HUD approval.
Dennis Rejero, chief financial officer, told the City Council that staff recommend converting the housing fund to a revolving fund and substantially reducing the general-fund supplement for housing in FY26.
Rejero said the current-year general-fund supplement to housing is about $9.7 million; under the recommendation, the FY26 general-fund component would be reduced by roughly $5.7 million…
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