House approves the National Affordable Housing Trust Fund!

On October 10, 2007, the House of Representatives approved the National Affordable Housing Trust Fund H.R. 2895. The vote was 264 in favor, 148 opposed and nine not voting. Every member of the New Jersey delegation voted in favor except Congress member Scott Garrett. To view the full voting record for all members of the House of Representatives click here.

The National Affordable Housing Trust Fund Act of 2007. H. R. 2895 would establish a Trust Fund to construct, rehabilitate, and preserve 1.5 million units of housing over the next 10 years. At least 75% of the new resources must produce or preserve housing affordable to extremely low income people. This would be the first new housing production program since 1990 and the only one focused on housing for households with the lowest incomes.

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