Model NHTF Allocation Plan
Developer Advisory Group and More
NLIHC has produced a Model National Housing Trust Fund (NHTF) Allocation Plan for advocates to consider when engaging their state NHTF entity.
NLIHC has also established an advisory group of affordable housing developers who have volunteered to help organizations applying for NHTF money understand how best to overcome the challenges of developing and operating rental housing affordable to extremely low income households.
NLIHC’s Model NHTF Allocation Plan can help advocates shape their state’s NHTF to address the most critical housing needs, ensure rents charged at NHTF homes are truly affordable to extremely low income households, and ensure rents are affordable for as long as possible (at least 30 years, as required by the interim rule, or longer).
Advocates wanting to be more involved in influencing their state’s NHTF Allocation Plan can reach out to a lead advocate in their state, identified by NLIHC, who has volunteered to be an allocation plan point person. New Jersey’s state point person is Arnold Cohen, Senior Policy Coordinate at the Housing and Community Development Network of NJ.
The NHTF statute and the interim regulations implementing the statute list the elements that a state’s NHTF Allocation Plan must include.
Another NHTF resource recently created by NLIHC is an advisory group of nonprofit developers from around the county who have experience and expertise in developing and operating rental housing that extremely low income households can afford.
The developers who have volunteered to be on this advisory group have agreed to help organizations understand how best to overcome the challenges of developing and operating rental housing affordable to extremely low-income households. They have agreed to answer questions from nonprofit developers, state housing coalition advocates, and state officials involved in NHTF planning and implementation.