HTF expansion, according to the DNC, would “not only address the affordable housing crisis, it would create millions of good paying jobs in the process.”
Most national Housing Trust Fund (HTF) state administering agencies have made significant progress in preparing their HTF Allocation Plans.
Frank Pallone is concerned that the GSEs lack of adequate capital buffers could put funding for the national Housing Trust Fund (HTF) at risk.
HUD has developed a sample national Housing Trust Fund (HTF) Allocation Plan form, called Housing Trust Fund Allocation Plan Guide 2016.
Federal and state leaders need to put resources into making more homes affordable for more people. Now is not the time to cut housing resources.
New Jersey will receive $3,733,566 and has selected the Department of Community Affairs (DCA) to administer the NHTF block grant in the state.
This bill included no significant funding cuts and will ensure households currently served by Housing and Urban Development programs will continue to receive assistance.
The National Low Income Housing Coalition (NLIHC) has developed resources to assist in the implementation of the National Housing Trust Fund and funding at the state level.
On Tuesday, May 17, 2016 from 10:00 a.m. to 11:00 a.m., the National Low Income Housing Coalition (NLIHC) will host a webinar to discuss New Jersey’s National Housing Trust Fund.
The funding priority in the NHTF allocation plan should consider how project underwriting supports the financial feasibility of the project beyond the required 30-year period.