National Housing Trust Fund

Senate Banking, Housing and Urban Affairs Committee Chairman Mike Crapo (R-ID) released an outline for housing finance reform legislation. In a statement Chairman Crapo said, “we must expeditiously fix our flawed housing finance system. My priorities are to establish stronger levels of taxpayer protection, preserve the 30-year fixed rate mortgage, increase competition among mortgage guarantors, and promote access to affordable housing.” 

The National Low Income Housing Coalition (NLIHC) released Opportunities to End Homelessness and Housing Poverty in the 116th Congress, a memo to incoming members of Congress on steps to address the lack of decent, accessible and affordable housing. The report calls on members of Congress to:

The Housing Trust Fund is purposed with increasing and preserving the supply of rental housing affordable to those with incomes below 50% AMI as well as home ownership opportunities for families with extremely low and low incomes (0-30%AMI and 30-50% AMI).

Many states will see a jump in their Housing Trust Fund (HTF) allocation for FY 2017.

The National Low Income Housing Coalition has composed a sign-on letter urging Congress to maintain funding for the National Housing Trust Fund, the only Federal Program designed to preserve and build housing for the lowest income bracket. NH&RA is proud to be a signatory on the letter and urges its members to sign on as well by the March 22 deadline. See below for a message from NLIHC:

Read on for instructions regarding the pre-application process.

All pre-applications must demonstrate that the proposed project is highly ready to proceed and that the development cost per unit is reasonable. Sponsors interested in this round are encouraged to notify DHCD as soon as possible.

Iowa Finance Authority’s NHTF Draft Allocation Plan is now available. Read on for information regarding the public comment period and a public hearing.

The Texas Department of Housing and Community Affairs (“TDHCA”) will hold a public hearing to accept comment on the Draft National Housing Trust Fund (“NHTF”) Allocation Plan, Draft Substantially Amended 2015-2019 State of Texas Consolidated Plan (“Con Plan”), and Draft Substantially Amended 2016 One-Year Action Plan (“OYAP”).  The public comment period for all three documents […]

National Low Income Housing Coalition’s national Housing Trust Fund (HTF) website—www.nhtf.org—now includes allocation plan information for each state. The documents listed include draft allocation plans, notices of public comment periods, submitted comment letters, and state-specific advocacy resources prepared by NLIHC. Each state’s page also lists contact information for the State Designated Entity (SDE) responsible for […]

Alabama Housing Finance Authority (AHFA) and the Alabama Department of Economic and Community Affairs (ADECA) will conduct a public hearing concerning the 2016 National Housing Trust Fund Allocation Plan for the State of Alabama. The Plans contain a preference for projects that target veterans of the U.S. Armed Forces who are homeless or at risk of homelessness.

Delaware State Housing Authority has published a Draft Allocation Plan for the anticipated $3M of funds it will receive through the National Housing Trust Fund.