Housing – Funding for States from National Housing Trust Fund Announced

Last week, the Department of Housing and Urban Development (HUD) announced the first-ever allocations from the National Housing Trust Fund (NHTF) to the states. The NHTF is a new, dedicated source of funding for affordable housing primarily for people with extremely low incomes, a group that includes many people with disabilities. The NHTF is funded by a very small assessment on the volume of business of Fannie Mae and Freddie Mac, the federal government sponsored enterprises. This funding stream started up for the first time in 2015 and the first-ever state allocations under the NHTF total $174 million for 2016. State allocations are based on five factors related to the severity of the housing crisis faced by very low income and extremely low income households in the state. The 2016 state allocations range from $3 million (the minimum amount possible, by law) to $10.1 million (to California). States now must develop spending plans for their NHTF dollars. Now is the time for disability advocates to contact the agency in their statethat is in charge of developing the state’s NHTF spending plan to ensure that the plans address the urgent needs of people with disabilities for affordable, accessible, integrated housing in the community. Extensive resources on the NHTF and how to get involved in NHTF advocacy in your state are available from the National Low Income Housing Coalition and from HUD.

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