Congress is beginning to turn its attention to Freddie Mac and Fannie Mae housing finance reform legislation. The NLIHC and member groups like Monarch Housing are advocating to preserve and protect the national Housing Trust Fund.
The Gap in Afordable Homes
Thank you to Congressmen Chris Smith (R-NJ-4 ), Frank Pallone (D-NJ-6 ), Albio Sires (D-NJ-8), Donald Payne, Jr. (D-NJ-10), Bill Pascrell (D-NJ-9), and Congresswoman Bonnie Watson Coleman (D-NJ-12) who signed the letter increasing funding for the HOME program.
According to The Gap: A Shortage of Affordable Homes, the US faces a shortage of 7.2 million affordable and available rental homes for extremely low income (ELI) renter households.