FL H0753

Urges Congress to adequately restore funding to the Supportive Housing for the Elderly Program for low-income seniors.

Notes that senior population increased from 3.1 million to 33.2 million during the 20th Century and is projected to reach 80 million by 2030.

Highlights that funding for low-cost housing drastically decreased from $650 million in 2005 to $78 million in 2011 and $0 in 2012.

Cites financial challenges for seniors including interest rates below one-half percent, rare pensions, and decreased retirement savings and investments.

Directs copies of the memorial be sent to the President, President of the Senate, Speaker of the House, and all members of the Florida congressional delegation.