Florida Senate - 2015 SM 1426 By Senator Abruzzo 25-00319A-15 20151426__ 1 Senate Memorial 2 A memorial to the Congress of the United States, 3 urging Congress to restore and provide adequate 4 funding for the Supportive Housing for the Elderly 5 Program. 6 7 WHEREAS, the senior population nationwide increased 8 dramatically from 3.1 million in 1900 to 41.4 million in 2011, 9 and, by 2030, is projected to increase to 70 million, and 10 WHEREAS, more than 50 percent of the senior population 11 nationwide resides in nine states, including second-ranked 12 Florida, which, in 2011, had a senior population of 3.4 million, 13 and 14 WHEREAS, interest rates for personal savings accounts have 15 dropped to less than one-half of 1 percent, pension and health 16 care payments for retirees are decreasing, and the value and 17 security of investments in 401(k) retirement savings accounts 18 and stocks have dramatically decreased, and 19 WHEREAS, federal funding for low-cost housing for seniors 20 has been cut drastically, with no new construction funded in 21 2012, and 22 WHEREAS, thousands of low-income seniors are in immediate, 23 desperate need for low-cost housing, NOW, THEREFORE, 24 25 Be It Resolved by the Legislature of the State of Florida: 26 27 That the Congress of the United States is urged to assist 28 our nation’s low-income seniors by restoring and adequately 29 funding the Supportive Housing for the Elderly Program. 30 BE IT FURTHER RESOLVED that copies of this memorial be 31 dispatched to the President of the United States, to the 32 President of the United States Senate, to the Speaker of the 33 United States House of Representatives, and to each member of 34 the Florida delegation to the United States Congress.