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HUD announced today that communities will receive $693 million, more than double last year’s allocation, in national Housing Trust Fund (HTF) funding for the construction and operation of affordable, accessible housing for the lowest-income people. The HTF is a dedicated resource for building, rehabilitating, and preserving affordable housing for people with the lowest incomes.
This funding is a welcome and urgently needed resource, but much more is required to meet the country’s need for deeply affordable, accessible housing. NLIHC’s HoUSed campaign calls on Congress to provide at least $40 billion annually for the HTF to expand and preserve the supply of rental homes affordable and available to people with the lowest incomes. Learn more about the HoUSed campaign at: nlihc.org/housed.
