DCA will use its $3.7M of the housing trust fund allocation for: $3.36M for program funds and $373,356 for administrative funds to create 12 “units.”
The National Housing Trust Fund exists to create and maintain rental homes that are affordable and available to the lowest income households in America.
The Tax Reform Blueprint calls “for making the current-law mortgage interest provision a more effective and efficient incentive.”
NLIHC strongly encourages states to establish rents at 30% of a household’s income for the HTF so that ELI households are not cost-burdened.
How can advocates, states and developers use NHTF resources to develop and operate housing affordable to extremely low-income households.
The NHTF is the first new affordable housing production program in a generation, and it’s the first to focus on extremely low income families.
We know how to end homelessness; what is lacking is the political will to put the necessary resources behind the solutions we know will work.
“We can find no social or moral justification, no justification whatsoever, for lack of housing,” the pope said while having lunch with the homeless.
Housing to End Homelessness: How the National Housing Trust Fund Will Help reviews how states can utilize funds to end homelessness.
The unmet need for affordable rental housing continues to grow, while appropriations for affordable rental housing continues to shrink.