HUD Publishes Housing Trust Fund State Allocations
HUD recently published the state-by-state 2016 allocations for the Housing Trust Fund (HTF). The total 2016 HTF funding is approximately $174 million. The HTF is an affordable housing production program that’s intended to complement existing federal, state, and local efforts to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low- and very low-income households, including homeless families. It was established under Title I of the Housing and Economic Recovery Act of 2008, Section 1131 (Public Law 110-289).