NHTF Allocation Plan Guidance Now
Expected in Early Spring 2016
Advocates are urged to monitor the status of agencies designated to administer the NHTF in their states.
At the October 20, 2015 Housing and Community Development Network of New Jersey’s Conference, DCA Commissioner Charles A. Richman encouraged advocates to “keep DCAs feet to the fire” to ensure that the agency does the right thing.
In addition, the U.S. Dept. of Housing and Urban Development (HUD) will publish sub-regulatory guidance regarding the National Housing Trust Fund (NHTF) Allocation Plan and maximum per-unit subsidies in early spring 2016. First expected this fall, this guidance will add more detail to the interim rule implementing the NHTF first published in January 2015.
Some state officials who will be administering their state’s NHTF may be reluctant to begin the process of getting public input for the NHTF Allocation Plan until HUD provides more guidance.
However, Monarch Housing and the NLIHC urges residents, advocates, and nonprofit developers to engage with their state officials right away so that ideas about priorities can be discussed.
The NHTF is targeted to rental housing for extremely low income (ELI) households, those with income below 30% of the area median income or the national poverty level, whichever is greater. Developing and maintaining rental housing for ELI households with affordable rents warrants considerable input to identify creative ways to achieve the goals of the NHTF.
In August, HUD encouraged states to use informal means to notify stakeholders about the NHTF and to obtain their ideas for shaping the state’s NHTF Allocation Plan ahead of the formal, required public participation process.
Click here for the HUD list of administering agencies.
Join the conversation on Twitter.