NJ Catholic Bishops Call For Funding National Housing Trust Fund

Housing Denied to Thousands of
Our Brothers and Sisters

United for Homes Campaign Explains Ellison BillEarly next week Congress will be voting on funding for the National Housing Trust Fund – a resource for the development and rehabilitation of homes that low-income people and families can actually afford.

On May 29, 2015, the New Jersey Catholic Conference released a letter from the New Jersey bishops citing the urgent need for this funding to address the significant shortfall of housing that people can afford in our state.

To join the Conference in this appeal, click here to see a list of housing staffers for New Jersey’s congressional delegation and call or e-mail to express your support.

While the Trust Fund was first created under President George W. Bush, it has not been funded until very recently, despite clear and urgent need for this resource.

The NHTF was signed into law in 2008 but its initial funding source, a 4.2 basis point assessment on new business at Fannie Mae and Freddie Mac, was suspended that same year after these government-sponsored enterprises went into conservatorship.

In December 2014, the suspension was lifted, and in January 2015 HUD issued interim regulations. The NHTF is set to receive its first monies in 2016. NJ could receive at least $3.36 million.

For more information, please contact:

Deacon Patrick R. Brannigan, Executive Director, New Jersey Catholic Conference, 609-989-1120 or

Jim King, Director for Social Concerns, New Jersey Catholic Conference.

Click here to read the letter.